Research Report

Status and outlook of the expanding private credit market ~ The future of risk money that has supported the U.S. economy ~

Kenichiro Yoshida
Chief Researcher
Global Intelligence and Research Office

Short Report

Since mid-September, the stock prices of U.S. regional banks have been falling. One of the triggers was that on September 10, Tricolor Holdings (hereinafter referred to as “Tricolor”), a provider of subprime auto loans, filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code, and on September 28, auto parts company First Brands Group・・・

Rebuilding Social Values Through Well-Being Transformation

Masayasu Watanabe
Senior Researcher, 3rd Research Department, Hitachi Research Institute
Hiroshi Nishimura
Associate Senior Researcher, 3rd Research Department, Hitachi Research Institute

Research Project

This research focuses on Well-Being Transformation (WX) as an emerging trend in social change, following in the footsteps of Digital Transformation (DX) and Green Transformation (GX).WX is a concept that aims to restructure industries and businesses through the lens of human well-being—that is・・・

AI, Digital, and Energy Toward 2035: A New Era of Collaboration and Emerging Challenges

Nobumitsu Aiki
Senior Researcher, Policy and Environment Research Group,1st Research Department
Shuntaro Ishii
Associate Senior Researcher, Global Business Strategy Group, 2nd Research Department

HRI Report

The pursuit of energy transition—a shift in the energy supply and consumption structure from fossil fuels to renewable energy aimed at achieving carbon neutrality or decarbonization—was a dominant global trend following the Paris Agreement of 2015. At present, however, the confluence of global・・・

“How will Southeast Asia benefit from the Indo-Pacific Economic Framework?” by Sherillyn Raga

Ajay Kumar Airan
Deputy General Manager
Hitachi Research Institute Unit, MD Office, Hitachi India Pvt. Ltd.

Book Review

The Indo-Pacific region is geographically a triangle, having Japan on its northern boundary, Australia on southeastern, and India in southwestern. The 10-nations group ASEAN (Association of Southeast Asian Nations) falls in this triangular region. In fact, the concept of Indo-Pacific has been advancing・・・

The Future of Finance: Irreversible Tectonic Shifts and the Proper Role of Financial Institutions

Nana Otsuki
Professor
Graduate School of Nagoya University of Business and Commerce

The financial industry is undergoing irreversible transformation driven by regulatory changes, technological innovation, and the rise of non-bank and digital assets. Banks must redefine their traditional business models by investing in AI and blockchain, expanding non-financial services, and developing talent, to enhance customer experience and maintain competitiveness in this new era.

The Evolution and Prospects of Digital Finance in Europe

Lorenzo Moretti
Research Fellow
Florence School of Banking and Finance, European University

Innovation has long been part of finance: from the invention of new financial instruments such as debt and fractional shares to the digitisation of trading and settlement processes, innovation has allowed people better access to capital and capital to be more efficiently deployed. Each technological leap has created efficiencies but also introduced new risks,・・・

Stablecoin and the Future of Financial Market Infrastructures

Shuji Kobayakawa
Professor
School of Political Science and Economics
Meiji University

Stablecoins have recently emerged as a prominent form of private digital money, attracting growing attention. Their ease of use has driven widespread adoption, particularly among U.S. dollar-pegged variants. However, they face challenges in integrating with central bank money. To safeguard the integrity of payment systems, it is essential to pursue technological solutions that enhance trust.

New Social Innovation Built by Ecosystems Between Financial Institutions and Companies in Other Industriesn

Hitoshi Ichimura
Senior Research Manager
Vertical & Cross Technologies Research Group
IDC Japan

Japanese financial institutions face environmental changes such as market contraction and low interest rates, and are promoting expansion into non-financial fields and collaboration with companies in other industries for sustainable growth. This paper discusses the prospects and challenges of new business models and social innovation created through mutual support between financial institutions and companies in other industries.