Japan's balance of payments (BOP) in 2003 shows that the current account recorded a surplus of 15.8 trillion yen, increased from a surplus of 14.1 trillion yen in 2002; the capital and financial account turned to a net inflow of 8.1 trillion yen from a net outflow of 8.5 trillion yen, caused mainly...

In the balance of payments for 2000, the current account surplus registered 12.6 trillion yen, an increase from the surplus of 12.2 trillion yen in 1999. The capital and financial account recorded a net outflow of 9.1 trillion yen, up from a net outflow of 5.4 trillion yen in 1999, a rise...

In February 2006, the Bank of Japan decided to implement the neXt-Generation RTGS project (RTGS-XG) of the BOJ-NET Funds Transfer System. Under the RTGS-XG project, BOJ-NET will introduce liquidity-saving features. The new system will also incorporate large-value payments that are currently...

In fiscal 2004, the Bank of Japan did not change the target level for current account balances held at the Bank from the "30-35 trillion yen range" decided at the Monetary Policy Meeting (MPM) on January 19 and 20, 2004 (Chart 1). This target level significantly exceeds the required reserves to...

Japan's current account surplus decreased to 3.3 trillion yen in 2013 from 4.8 trillion yen in 2012, mainly due to an increase in the deficit on goods. The capital and financial account shifted to net inflows of 4.6 trillion yen in 2013 from net outflows of 8.2 trillion yen in 2012, mainly...

Operating profits of Japanese banks in fiscal 1996 amounted to 6.4 trillion yen, 5 percent lower than in the previous year. This decline reflects a decrease in the net bond-related profits and in the net interest income of city banks. Excluding a temporary factor which contributed to an increase...

The breakdown of financial assets held by Japan's households shows that the ratio of safe assets, such as deposits, has been around 60 percent since the middle of the 1970s, while that of risky assets, such as stocks, increased temporarily to above 20 percent at the end of "bubble" era. It,...

The Corporate Services Price Index (CSPI) has been rebased, which means the index has been re-referenced from 2000 = 100 to 2005 = 100. The weighting structure of the index is updated to reflect recent information on the relative importance of service products and the businesses that supply...

Japan's international investment position (IIP) (the outstanding amount of external financial assets of residents in Japan minus the outstanding amount of external financial liabilities of residents in Japan) recorded a net asset position of 180.7 trillion yen at year-end 2005. This represents a...

In fiscal 2003, the Bank of Japan changed the target level for current account balances held at the Bank five times, raising it by 15 trillion yen in total. To achieve the target and maintain stability in the money market, the Bank conducted money market operations appropriately by carefully...