The article "Japanese Financial Markets" provides an overview of Japan's financial system, including historical performance, market participants, and future issues. It discusses the financial crisis, the Big Bang reform, individual investors, asset management, corporate finance, and the role of government and institutional investors. The study covers various markets like money market, equity trading, securitisation, and venture capital. Key findings include the importance of cross-border money flows, the impact of the Bank of Japan's monetary policy, and the role of the Financial Services Agency in regulating the markets.