Japan's financial system remains stable as a whole.

Japan's financial institutions hold sufficient capital, liquidity buffers.

There is a chance Japan's financial system may come under prolonged stress such as from continued rate hikes by overseas central banks, fears of global growth slowdown.

Don't see big financial imbalances in Japan financial system now.

Foreign loan portfolios have a somewhat high percentage of highly leveraged firms, which are likely to be sensitive to interest rate rises.

Financial institutions' valuation losses on securities have increased recently, such losses could increase further depending on future interest rate developments.

Results of macro stress test indicates Japanese financial institutions on the whole are resilient to stress events.