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Opinion

Japan's 'main bank' system has unique merits and strengths

Japanese-style financing should be based on trust, not projects

| Japan
Japan's "main bank system" is difficult to define and may be hard for overseas bankers to understand well. (Photo by Shihoko Nakaoka)

Yoshimitsu Goto is chief financial officer of SoftBank Group.

As the chief financial officer of SoftBank Group, I have met with many bankers. I was once asked by a foreign banker what kind of bank a "main bank" is. I felt as if I had been asked, "Can a bank like us not become your main bank?"

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