No growth without competition, no growth even with competition In order for the economy to grow, businesses must take creative and ingenious actions in an environment of free and fair competition. Without competit… 2023-07-24 Noriyuki Morimoto Financial moral hazard is inevitable Every business has its own risks, but risks inherent in the core business cannot be insured. Insurance can only be established for risks that are inci… 2022-03-07 Noriyuki Morimoto The bank’s commitment to the borrower When the performance of a company suffers, in order for a bank that lends money to the company to be able to provide support at the right timing and i… 2022-01-24 Noriyuki Morimoto The bank is under no obligation to lend money Banks have the right to follow their own screening standards and decide whether or not to lend money to the applicant. Banks are under no obligation t… 2021-12-13 Noriyuki Morimoto Business risk and moral hazard The relationship between insurance and moral hazard is a classic issue. For example, insurance that pays for failing an exam induces moral hazard by i… 2021-02-08 Noriyuki Morimoto If you catch a cold, do you eat less and work more? The key to treating a cold is to treat it early. Take a rest and eat nutritious food so it doesn't get worse. By contrast, if you catch a cold and dec… 2020-12-21 Noriyuki Morimoto Competition does not create innovation, but fosters innovation Does racing make people faster runners? Supposing it does, is that an innovation? Is setting a world record the result of competition with others, or … 2019-12-16 Noriyuki Morimoto Will the Japanese Court Rule in English? There is a concept to make Tokyo the largest international financial center in Asia, although experts who know more about Japan's financial situation … 2018-08-13 Noriyuki Morimoto Cultural Differences between US and Japan as Seen in Mortgage Loans When you take out a mortgage with a fixed rate, you either gain or lose depending on the change in interest rates. You lose when interest rates go dow… 2018-03-26 Noriyuki Morimoto The Color of Money in Japanese Banks The top three megabanks in Japan have differently colored signs: red, blue and green, but in no way this difference represents the differentiation of … 2016-12-19 Noriyuki Morimoto 12»
