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Overview of Japanese Banks: Observations from Financial Statements for Fiscal 2003

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  • Bank of Japan

Abstract

In fiscal 2003 (April 2003-March 2004), approximately 90 percent of Japanese banks posted positive net income, due to a decline in losses from the disposal of nonperforming loans (NPLs), i.e., credit costs, and to an improvement in stock-related gains/losses. The aggregate figures for both major banks and regional banks, however, continued to record net losses as a result of substantial disposals of NPLs at some specific banks.

Suggested Citation

  • Bank of Japan, 2004. "Overview of Japanese Banks: Observations from Financial Statements for Fiscal 2003," Bank of Japan Research Papers 2004-07-23, Bank of Japan.
  • Handle: RePEc:boj:bojron:04-e-0723
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