·	An Optimum System for Supervising Japan's Securities Markets
	Sadakazu Osaki

·	The Impact of the Reforms to the Taxation of Securities in Japan
	Toshio Sugioka

·	Recent Developments Concerning Japan's Bad Loan Problem and the Outlook for Its Financial System
	Yasuyuki Fuchita

·	Management Buyouts in Japan
	Yuta Seki / Masanobu Iwatani