ABSTRACT
In the last chapter we examined Japan's major financial groups with a view to ascertain how they were adapting to the challenge of a changing marketplace and, especially, to the imperatives of big bang deregulation. Below we take a closer look at several of the leading companies. We look at the strategies of the new megabank members—Industrial Bank of Japan (IBJ), Fuji Bank, and Dai-Ichi Kangyo Bank (DKB)—Bank of Tokyo Mitsubishi, Sumitomo Bank, Sanwa Bank, Nomura Securities, and Nippon Life. We are particularly interested in the extent to which these companies have planned differentiated strategies to leverage their strengths and to defend against threats. We are looking for indications of where these key players—and Japan's financial services marketplace—will be in five to ten years' time.
