20  Chart 6  Industrial Production s.a., CY 2015=100 120  110  100  90  80 CY 06  08  10  12  14  16  18  20  Source: METI.
In this background, a closer ongoing dialogue across a wider spectrum in a spirit of partnership between the banks and the corporates adds to the comfort of the regulator. Consistent with the theme of the conference, it is essential to ponder over the implications of the paradigm shift in global banking for the bank-corporate relationship.