BoJ: Japan's financial system has been maintaining stability on the whole

The Bank of Japan (BoJ) published its Financial System Report on Wednesday, noting that “Japan's financial system has been maintaining stability on the whole.”

Additional takeaways

• Financial institutions need to be vigilant against materialization of various risks.
• Since the beginning of April, financial markets at home and abroad have fluctuated significantly.
• Considering that Japanese banks have a certain amount of market risk associated with stockholdings, developments in asset prices warrant attention.

Market reaction

At the time of writing, USD/JPY is up 0.10% on the day at 141.70.