著者

山田 仁志 Masashi Yamada

雑誌

国際経営・文化研究 = Cross-cultural business and cultural studies (ISSN:13431412)

巻号頁・発行日

vol.21, no.1, pp.73-83, 2016-12-01

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After the Second World War, the financing behavior of Japanese companies, has been the primary means of debt financing. Therefore, the equity ratio of Japanese companies, were in much lower levels. However, the Japanese economy is in a low growth period, it began to change is seen in the financing behavior of companies.This paper, based on the data of Financial Statement Statistics of Corporations, to discuss the changes in the financing behavior of Japanese companies. Since the 1970s, equity ratio of Japanese companies continued to rise. In the paper, it was pointed out the features of the Japanese companies. Also, describe the changes in the capital structure of the company, it has also referred to the change of corporate assets.