Program Day 1 June 7 （Saturday）
Morning Session 9:30-11:30
Panel Session: Central Bank
Room A (Economics Research Bldg./International Academic Research Bldg. B1, Classroom 5)
Title.
Japan's Financial Institutions and Financial System After the End of the Zero-Interest Rate Policy
Chair
Arito ONO（Chuo University）
Panelist 1 Kazuyuki ANCHI（Sumitomo Mitsui Banking Corporation）
Panelist 2 Ryoji YOSHIZAWA（Independent Director (Member of the board) at The Chiba Bank, Ltd.）
Panelist 3 Hiroshi UGAI（Japan Science and Technology Agency）
Session Corporate Finance①／Regional Finance
Room B (Economics Research Bldg./International Academic Research Bldg. 2F, Classroom 6)
Chair
Ritsuko ARIOKA（Fukuoka University）
Presenter Toru IIZUKA（Matsumoto University）
Coauthor Hiroshi HAMASAKI（Matsumoto University）
Discussant Hironari NOZAKI（Toyo University）
Presenter Yuki KAJIMOTO（Ph.D. Student, Kobe University）
Discussant Iichiro UESUGI（Hitotsubashi University）
Presenter Qing-yuan SUI（Yokohama City University）
Coauthor Dijian QUAN（Master's Student, Yokohama City University）, Motoki KANNO（Master's Student,Yokohama City University）
Discussant Takeshi OSADA（Saitama University）
English Session hosted by JJMFE① International Finance Analysis／Exchange Rate and Currency
Room C (Economics Research Bldg./International Academic Research Bldg. 2F, Classroom 7)
Chair
Shin-Ichi NISHIYAMA（Kobe University）
Presenter Heather MONTGOMERY （International Christian University）
Coauthor Opale GUYOT（Ph.D. Student, International Christian University）
Discussant Yoichi OTSUBO（Kobe University）
Presenter Opale GUYOT（Ph.D. Student, International Christian University）
Coauthor Peiqing YANG（BlackRock Japan）
Discussant Yuki MASUJIMA（Deloitte Tohmatsu）
Presenter Sichong CHEN（Zhongnan University of Economics and Law）
Coauthor Andy NARANJO（University of Florida）
Discussant Kiyotaka SATO（Yokohama National University）
Session International Finance①／Investor Behavior
Room D (Economics Research Bldg./International Academic Research Bldg. 3F, Classroom 2)
Chair
Eiji OKANO（Nagoya City University）
Presenter Yoshihiro ZENNOO（Fukuyama University）
Coauthor Kentaka ARUGA（Saitama University）
Discussant Naoko NEMOTO（Waseda University）
Presenter Masayuki MASUI（Sumitomo Life Insurance Company）
Discussant Tsutomu CHANO（Musashi University）
Presenter Ryotaro MATSUBARA（Japan Bank for International Cooperation）
Discussant Kimie HARADA（Chuo University）
Luncheon Session Ⅰ 11:45ｰ12:45
Room F (Kojima Hall 2F, Conference Room)
Chair
Mariko TANAKA（Musashino University）
Speaker Takeki SUNAKAWA（Hitotsubashi University）, Junko ISHIKAWA（Nomura Research Institute, Ltd.）
*You can participate while having lunch. Please feel free to bring your own lunch.
Invited Lecture Ⅰ 13:00ｰ14:00
Room A (Economics Research Bldg./International Academic Research Bldg. B1, Classroom 5)
Chair
Kenichi UEDA（The University of Tokyo）
Speaker Robert M. TOWNSEND (MIT)
Afternoon Session 14:15-16:15
Panel Session International Monetary Economics
Room A (Economics Research Bldg./International Academic Research Bldg. B1, Classroom 5)
Title.
Foreign investors and JGB
Chair
Shugo YAMAMTO（Rikkyo University）
Panelist 1 Michio SAITO（Nomura Institute of Capital Markets Research）
Panelist 2 Sotaro KANKAWA (Bank of Japan (currently seconded to Ministry of Finance))
Panelist 3 Junya TANASE（JPMorgan Chase Bank）
Panelist 4 Takahiro HATTORI（Tokyo University）
Session Financial Intermediary
Room B (Economics Research Bldg./International Academic Research Bldg. 2F, Classroom 6)
Chair
Takeshi OSADA（Saitama University）
Presenter Tomoya MARUYAMA
Discussant Nobuyoshi YAMORI（Kobe University）
Presenter Yusuke IMANI（Nagasaki University）
Coauthor Koutaroh MINAMI（Ph.D Student, Hitotsubashi University）
Discussant Yuta OGANE（Nanzan University）
Presenter Shinichi MATSUDA（Meijo University）
Discussant Yoshiaki OGURA（Waseda University）
English Session hosted by JJMFE② Financial Market Analysis／Corporate Finance
Room C (Economics Research Bldg./International Academic Research Bldg. 2F, Classroom 7)
Chair
Shin-Ichi NISHIYAMA（Kobe University）
Presenter Yuki SATO（Goethe University Frankfurt）
Discussant Tomonori YUYAMA（Senshu University）
Presenter Ying SHI（Ph.D. Student, Kobe University）
Coauthor Takashi HATAKEDA（Kobe University）
Discussant Yoshiaki AMANO（Kyoto University）
Session Financial Market Analysis
Room D (Economics Research Bldg./International Academic Research Bldg. 3F, Classroom 2)
Chair
Kimie HARADA（Chuo University）
Presenter Yoichi OTSUBO（Kobe University）
Coauthor Ser-huang POON（University of Manchester）, Siliang WEI（University of Manchester）
Discussant Akitada KASAHARA（Osaka University）
Presenter Masahiro ICHIKAWA（Sumitomo Mitsui DS Asset Management Company, Limited）
Discussant Hayato NAKATA（Meisei University）
Presenter Ayako TOMITA（Financial Services Agency, Japan）
Coauthor Takahiro HATTORI（The University of Tokyo）, Kenta FUKAMI（Financial Services Agency, Japan）, Koki AKIMOTO（former Financial Services Agency, Japan）
Discussant Kazuhiko Ohashi（Hitotsubashi University）
Session FinTech／Exchange Rate and Currency
Room E (Economics Research Bldg./International Academic Research Bldg. 3F, Classroom 8)
Chair
Yutaka SOEJIMA（SBI Financial and Economic Research Institute）
Presenter Taiji INUI（Citron Systems; ISO/TC68 committee）
Discussant Junko SHIMIZU（Gakushuin University）
Presenter Yoshikazu YAMAOKI（SBI Financial and Economic Research Institute）
Coauthor Yutaka SOEJIMA（SBI Financial and Economic Research Institute）
Discussant Naoyuki YOSHINO（Tokyo Metropolitan University）
Presenter Lirong LI（Asia University）
Discussant Tomoyuki FUKUMOTO（Osaka University of Economics）
Invited Lecture Ⅱ 16:30-17:30
Room A (Economics Research Bldg./International Academic Research Bldg. B1, Classroom 5)
Chair
Iichiro UESUGI (Hitotsubashi University）
Speaker TBA