Since British rock star David Bowie surprised Wall Street in 1997 by selling his old song royalties in bulk by issuing bonds, asset securitization has attracted greater public attention in Japan.

Securitization has become especially popular with firms that face the need to restructure as well as procure money amid the prolonged recession.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.