Household and financial institution planning in Japan: Corporate governance by citizens

At present, the Japanese economy is transforming from an industrial to a civil society. This paper discusses the financial system of corporate governance based on citizens' participation, which enhances the welfare of households, referring to late Professor Kazuo Sato's numerous contributions to the Japanese economy and monetary policy. In order to raise the interests of households, we found it necessary to specifically target the management efficiency of Japanese financial institutions and the method by which profit rates rise due to the unique participation of citizens and households, in other words, the inhabitants of the community. This is seen in the case of bonds as they are related to the environment, filling the needs of the inhabitants of the community; we will focus on the role of the bond market to complement indirect finance.