BOJ Senior Loan Officer Survey (April) - Loan demand falls amongst firms
From the Bank of Japan: Senior Loan Officer Opinion Survey on Bank Lending Practices at Large Japanese Banks (April 2017)
On Q1 ... How has demand for loans from borrowers (firms, local governments, and households) changed over the past three months apart from normal seasonal variations?
A big fall in demand from firms. Further into the report it shows the biggest fall is in 'small firms'. It has been the bigger 'Japan Inc.' firms that have been benefitting most from BOJ/Govmt policy.
How the loan demand has developed: