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The article discusses an increase in the comfort of Japanese companies to issue corporate bonds and borrow money as inflation rises, despite Japan's weak domestic economy, including forecasts of increased share buybacks and dividends and decreased interest rates due to the Bank of Japan's bond-buying program.

The article reports on the failure of the Bank of Japan (BOJ) to obtain its target to purchase 150 billion yen of bank-held corporate bonds in 2009. The central bank offered to purchase bonds with single-A ratings or higher but banks sell only 44.9 billion yen. Mizuho Research Institute senior economist Hirokata Kusaba stated that the BOJ should purchase corporate bonds issued by lower-graded companies. The central bank should increase its purchases of credit products, according to other analysts.

The article focuses on the plan of the Japanese central bank to keep taking steps to make financial conditions in the country accommodative and that excessive meddling might affect the way it functions, according to Bank of Japan policy-board member Tadao Noda during a meeting with business leaders in Naha, Okinawa. The local credit markets will reportedly benefit from the acquisition of more commercial paper and corporate bonds by Bank of Japan, according to analysts and investors. The idea was not supported by Noda.