Factoring in Japan.ppt

Factoring in Japan October 24, 2003 Yasuo IzumiThe World Bank Factoring - Development First Factoring Companies were Created in mid-1970s Rapid Growth in 1990s during the Full Deregulation Introduced in 1993 for Financial Sector New Entrants from Non-Banking Sector (NBFIs, Insurance, Mfg Companies, etc) Factoring - Recent Trend Source FCI Annual Report 2002 Factoring - Key Players Banking Groups – 4 Major Groups (as FCI Members) Insurance Company Groups NBFIs – Leasing Companies etc. Large Manufacturing / Distribution Groups Independent Financial Boutiques Factoring - Infrastructure