ABSTRACT

This chapter provides a glimpse of emerging business models within Japanese financial institutions, most of which suffered many problems because of the large number of non-performing loans (NPLs) in existence since the 1990s. The NPL problem reduced the funding opportunities for new industries and technologies in Japan and drove most Japanese banks into management difficulties. The Development Bank of Japan (DBJ)1 a governmental institution, together with private financial institutions, has taken some risks in order to provide a variety of new financial structures to support and enhance the current transition, especially in the two following sectors: venture finance and business rehabilitation.