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Who Will Bail Out Japan's Farmers? Coop Bank Meltdown After Toxic Debt Investments

Published online by Cambridge University Press:  07 May 2025

Hyuga Takahiko  and
Kawamoto Shingo
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Yamada Hiroshi, a carnation grower in Shizuoka prefecture, is one of 3.2 million Japanese farmers and fishermen who depend on Norinchukin Bank for financing and support. Now the Tokyo-based bank, hit by losses on holdings backed by overseas property loans, is asking him for help.

Type
Research Article
Information
Asia-Pacific Journal , Volume 7 , Issue 14 , April 2009 , e4
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2009