Economic Developments  Financial Conditions Lending Attitudes of Financial Institutions 30  Firms' Financial Positions  DI ("accommodative" - "severe"), % points  25  25  "Accommodative"  20  20 15  DI ("easy" - "tight"), % points "Easy"  15 "Severe"  10  "Tight"  10 5 5 0  0  -5  -5  Manufacturing  -10 -15 -20 CY 07  Manufacturing -10  09  Source: Bank of Japan.
Financial infrastructure and financial ecological environment were improved gradually. Modern payment and settlement system has been preliminarily established, and the building of financial legal system, financial institutions' corporate governance, accounting and auditing standards has achieved considerable progress. Financial safety network has been preliminarily established as well, and prudential supervision was becoming increasingly important.