In particular, the Japanese-style employment system rooted in long-term employment practices, including seniority-based wages and internal promotions, will need to be reformed, as will the country's rigid labor market. The Japanese-style employment system was effective in an era of steady growth in supply and demand through exports and domestic industrial clusters, with growth being driven through process innovation, exemplified by kaizen (continuous improvement).
The draft guidance also urges institutions to ensure that their advertisements, promotional materials, and oral communications are consistent with the product terms and that these communications provide clear, balanced, and timely information to consumers about the risks.