Description
The securities market in Japan has witnessed an unprecedented expansion in the past decades and has established itself as one of the leading markets in the world. It has contributed to the remarkable growth of the Japanese economy throughout the post-war period and, with the development of internationalization, comes to serve as an important investment market for both domestic and foreign investors.
Today, Japan is the world's largest creditor country, and its capital market has become one of the three largest financial centers of the world along with New York and London. In this context, the Tokyo market has taken on an increasingly important role in facilitating the capital transactions of the world.
As a result, interest in Japanese market has spread widely among over- seas investors, securities companies, investment banks, financial analysts, lawyers, researchers, etc. Yet despite their need for accurate information, very few suitable works have appeared in English. To meet this demand, it was felt that a text should be chosen incorporating the latest statistics and illustrative charts so as to serve the purpose of providing an introductory explanation for the Japanese securities market as well as supplying the necessary data and materials for specialists who are interested in this subject.
