There is no doubt that a number of Japanese manufacturers are at the  BIS central bankers’ speeches  1  global technology frontier, but there remains ample room for catch-up in many industries, particularly in the non-manufacturing sector.
The solutions set out implement the principle established by the law, namely the ban on compound interest on banking transactions, in keeping with the economic substance of contractual relationships and avoiding uncertainty and any effect on debtors that is contrary to the intentions of the legislature.