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      "declared_in": "megabanks/sumitomo-mitsui-banking-corp.md",
      "evidence": "industry_body_member_list",
      "source_ref": "https://www.zenginkyo.or.jp/en/members/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "megabanks/sumitomo-mitsui-banking-corp::member_of_sro::financial-regulators/zenginkyo"
    },
    {
      "source": "megabanks/au-fh",
      "source_url": "https://finwiki.zksc.io/megabanks/au-fh",
      "relation": "parent_of",
      "target": "payment-firms/au-payment",
      "target_url": "https://finwiki.zksc.io/payment-firms/au-payment",
      "target_resolves": true,
      "declared_in": "payment-firms/au-payment.md",
      "evidence": "official_profile",
      "source_ref": "https://www.au-payment.co.jp/company/profile.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "payment-firms/au-payment::subsidiary_of::megabanks/au-fh"
    },
    {
      "source": "megabanks/mizuho-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mizuho-bank",
      "relation": "member_of_sro",
      "target": "financial-regulators/zenginkyo",
      "target_url": "https://finwiki.zksc.io/financial-regulators/zenginkyo",
      "target_resolves": true,
      "declared_in": "megabanks/mizuho-bank.md",
      "evidence": "industry_body_member_list",
      "source_ref": "https://www.zenginkyo.or.jp/en/members/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/mizuho-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mizuho-bank",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "megabanks/mizuho-bank.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/mizuho-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mizuho-bank",
      "relation": "subsidiary_of",
      "target": "megabanks/mizuho-fg",
      "target_url": "https://finwiki.zksc.io/megabanks/mizuho-fg",
      "target_resolves": true,
      "declared_in": "megabanks/mizuho-bank.md",
      "evidence": "official_profile",
      "source_ref": "https://www.mizuhobank.co.jp/company/info/profile/index.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/mizuho-fg",
      "source_url": "https://finwiki.zksc.io/megabanks/mizuho-fg",
      "relation": "parent_of",
      "target": "megabanks/mizuho-bank",
      "target_url": "https://finwiki.zksc.io/megabanks/mizuho-bank",
      "target_resolves": true,
      "declared_in": "megabanks/mizuho-bank.md",
      "evidence": "official_profile",
      "source_ref": "https://www.mizuhobank.co.jp/company/info/profile/index.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "megabanks/mizuho-bank::subsidiary_of::megabanks/mizuho-fg"
    },
    {
      "source": "megabanks/mizuho-fg",
      "source_url": "https://finwiki.zksc.io/megabanks/mizuho-fg",
      "relation": "parent_of",
      "target": "securities-firms/mizuho-securities",
      "target_url": "https://finwiki.zksc.io/securities-firms/mizuho-securities",
      "target_resolves": true,
      "declared_in": "securities-firms/mizuho-securities.md",
      "evidence": "official_profile",
      "source_ref": "https://www.mizuhogroup.com/jp/securities/who-we-are/profile",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "securities-firms/mizuho-securities::subsidiary_of::megabanks/mizuho-fg"
    },
    {
      "source": "megabanks/mufg",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg",
      "relation": "parent_of",
      "target": "asset-managers/mufg-asset-management",
      "target_url": "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
      "target_resolves": true,
      "declared_in": "asset-managers/mufg-asset-management.md",
      "evidence": "official_profile",
      "source_ref": "https://www.am.mufg.jp/corp/about/gaiyou.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "asset-managers/mufg-asset-management::subsidiary_of::megabanks/mufg"
    },
    {
      "source": "megabanks/mufg",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg",
      "relation": "parent_of",
      "target": "megabanks/mufg-bank",
      "target_url": "https://finwiki.zksc.io/megabanks/mufg-bank",
      "target_resolves": true,
      "declared_in": "megabanks/mufg-bank.md",
      "evidence": "official_profile",
      "source_ref": "https://www.mufg.jp/profile/biz_and_network/group/index.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "megabanks/mufg-bank::subsidiary_of::megabanks/mufg"
    },
    {
      "source": "megabanks/mufg",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg",
      "relation": "parent_of",
      "target": "securities-firms/mufg-mums",
      "target_url": "https://finwiki.zksc.io/securities-firms/mufg-mums",
      "target_resolves": true,
      "declared_in": "securities-firms/mufg-mums.md",
      "evidence": "official_profile",
      "source_ref": "https://www.hd.sc.mufg.jp/english/company/group_mumss.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "securities-firms/mufg-mums::subsidiary_of::megabanks/mufg"
    },
    {
      "source": "megabanks/mufg-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg-bank",
      "relation": "member_of_sro",
      "target": "financial-regulators/zenginkyo",
      "target_url": "https://finwiki.zksc.io/financial-regulators/zenginkyo",
      "target_resolves": true,
      "declared_in": "megabanks/mufg-bank.md",
      "evidence": "industry_body_member_list",
      "source_ref": "https://www.zenginkyo.or.jp/en/members/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/mufg-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg-bank",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "megabanks/mufg-bank.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/mufg-bank",
      "source_url": "https://finwiki.zksc.io/megabanks/mufg-bank",
      "relation": "subsidiary_of",
      "target": "megabanks/mufg",
      "target_url": "https://finwiki.zksc.io/megabanks/mufg",
      "target_resolves": true,
      "declared_in": "megabanks/mufg-bank.md",
      "evidence": "official_profile",
      "source_ref": "https://www.mufg.jp/profile/biz_and_network/group/index.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/paypay-fg",
      "source_url": "https://finwiki.zksc.io/megabanks/paypay-fg",
      "relation": "parent_of",
      "target": "payment-firms/paypay",
      "target_url": "https://finwiki.zksc.io/payment-firms/paypay",
      "target_resolves": true,
      "declared_in": "payment-firms/paypay.md",
      "evidence": "official_profile",
      "source_ref": "https://about.paypay.ne.jp/about/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "payment-firms/paypay::subsidiary_of::megabanks/paypay-fg"
    },
    {
      "source": "megabanks/sbi-hd",
      "source_url": "https://finwiki.zksc.io/megabanks/sbi-hd",
      "relation": "parent_of",
      "target": "securities-firms/sbi-securities",
      "target_url": "https://finwiki.zksc.io/securities-firms/sbi-securities",
      "target_resolves": true,
      "declared_in": "securities-firms/sbi-securities.md",
      "evidence": "official_profile",
      "source_ref": "https://www.sbigroup.co.jp/company/group/sbisec.php",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "securities-firms/sbi-securities::subsidiary_of::megabanks/sbi-hd"
    },
    {
      "source": "megabanks/smfg",
      "source_url": "https://finwiki.zksc.io/megabanks/smfg",
      "relation": "parent_of",
      "target": "megabanks/sumitomo-mitsui-banking-corp",
      "target_url": "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
      "target_resolves": true,
      "declared_in": "megabanks/sumitomo-mitsui-banking-corp.md",
      "evidence": "official_profile",
      "source_ref": "https://www.smbc.co.jp/aboutus/profile/group.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "megabanks/sumitomo-mitsui-banking-corp::subsidiary_of::megabanks/smfg"
    },
    {
      "source": "megabanks/sumitomo-mitsui-banking-corp",
      "source_url": "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
      "relation": "member_of_sro",
      "target": "financial-regulators/zenginkyo",
      "target_url": "https://finwiki.zksc.io/financial-regulators/zenginkyo",
      "target_resolves": true,
      "declared_in": "megabanks/sumitomo-mitsui-banking-corp.md",
      "evidence": "industry_body_member_list",
      "source_ref": "https://www.zenginkyo.or.jp/en/members/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/sumitomo-mitsui-banking-corp",
      "source_url": "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "megabanks/sumitomo-mitsui-banking-corp.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "megabanks/sumitomo-mitsui-banking-corp",
      "source_url": "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
      "relation": "subsidiary_of",
      "target": "megabanks/smfg",
      "target_url": "https://finwiki.zksc.io/megabanks/smfg",
      "target_resolves": true,
      "declared_in": "megabanks/sumitomo-mitsui-banking-corp.md",
      "evidence": "official_profile",
      "source_ref": "https://www.smbc.co.jp/aboutus/profile/group.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/mitsui-sumitomo-insurance",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "non-life-insurers/mitsui-sumitomo-insurance.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/mitsui-sumitomo-insurance",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
      "relation": "subsidiary_of",
      "target": "non-life-insurers/msad",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/msad",
      "target_resolves": true,
      "declared_in": "non-life-insurers/mitsui-sumitomo-insurance.md",
      "evidence": "official_profile",
      "source_ref": "https://www.ms-ins.com/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/msad",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/msad",
      "relation": "parent_of",
      "target": "non-life-insurers/mitsui-sumitomo-insurance",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
      "target_resolves": true,
      "declared_in": "non-life-insurers/mitsui-sumitomo-insurance.md",
      "evidence": "official_profile",
      "source_ref": "https://www.ms-ins.com/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "non-life-insurers/mitsui-sumitomo-insurance::subsidiary_of::non-life-insurers/msad"
    },
    {
      "source": "non-life-insurers/sompo",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/sompo",
      "relation": "parent_of",
      "target": "non-life-insurers/sompo-japan-insurance",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
      "target_resolves": true,
      "declared_in": "non-life-insurers/sompo-japan-insurance.md",
      "evidence": "official_profile",
      "source_ref": "https://www.sompo-japan.co.jp/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "non-life-insurers/sompo-japan-insurance::subsidiary_of::non-life-insurers/sompo"
    },
    {
      "source": "non-life-insurers/sompo-japan-insurance",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "non-life-insurers/sompo-japan-insurance.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/sompo-japan-insurance",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
      "relation": "subsidiary_of",
      "target": "non-life-insurers/sompo",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/sompo",
      "target_resolves": true,
      "declared_in": "non-life-insurers/sompo-japan-insurance.md",
      "evidence": "official_profile",
      "source_ref": "https://www.sompo-japan.co.jp/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/tokio-marine",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
      "relation": "parent_of",
      "target": "non-life-insurers/tokio-marine-nichido-fire",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
      "target_resolves": true,
      "declared_in": "non-life-insurers/tokio-marine-nichido-fire.md",
      "evidence": "official_profile",
      "source_ref": "https://www.tokiomarine-nichido.co.jp/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "non-life-insurers/tokio-marine-nichido-fire::subsidiary_of::non-life-insurers/tokio-marine"
    },
    {
      "source": "non-life-insurers/tokio-marine-nichido-fire",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "non-life-insurers/tokio-marine-nichido-fire.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "non-life-insurers/tokio-marine-nichido-fire",
      "source_url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
      "relation": "subsidiary_of",
      "target": "non-life-insurers/tokio-marine",
      "target_url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
      "target_resolves": true,
      "declared_in": "non-life-insurers/tokio-marine-nichido-fire.md",
      "evidence": "official_profile",
      "source_ref": "https://www.tokiomarine-nichido.co.jp/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "payment-firms/au-payment",
      "source_url": "https://finwiki.zksc.io/payment-firms/au-payment",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "payment-firms/au-payment.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "payment-firms/au-payment",
      "source_url": "https://finwiki.zksc.io/payment-firms/au-payment",
      "relation": "subsidiary_of",
      "target": "megabanks/au-fh",
      "target_url": "https://finwiki.zksc.io/megabanks/au-fh",
      "target_resolves": true,
      "declared_in": "payment-firms/au-payment.md",
      "evidence": "official_profile",
      "source_ref": "https://www.au-payment.co.jp/company/profile.html",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "payment-firms/mercari-hd",
      "source_url": "https://finwiki.zksc.io/payment-firms/mercari-hd",
      "relation": "parent_of",
      "target": "payment-firms/merpay",
      "target_url": "https://finwiki.zksc.io/payment-firms/merpay",
      "target_resolves": true,
      "declared_in": "payment-firms/merpay.md",
      "evidence": "official_profile",
      "source_ref": "https://jp.merpay.com/about/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": true,
      "inverse_of": "payment-firms/merpay::subsidiary_of::payment-firms/mercari-hd"
    },
    {
      "source": "payment-firms/merpay",
      "source_url": "https://finwiki.zksc.io/payment-firms/merpay",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "payment-firms/merpay.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "payment-firms/merpay",
      "source_url": "https://finwiki.zksc.io/payment-firms/merpay",
      "relation": "subsidiary_of",
      "target": "payment-firms/mercari-hd",
      "target_url": "https://finwiki.zksc.io/payment-firms/mercari-hd",
      "target_resolves": true,
      "declared_in": "payment-firms/merpay.md",
      "evidence": "official_profile",
      "source_ref": "https://jp.merpay.com/about/",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
    {
      "source": "payment-firms/paypay",
      "source_url": "https://finwiki.zksc.io/payment-firms/paypay",
      "relation": "regulated_by",
      "target": "financial-regulators/fsa",
      "target_url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "target_resolves": true,
      "declared_in": "payment-firms/paypay.md",
      "evidence": "official_registry",
      "source_ref": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
      "as_of": "2026-06-22",
      "confidence": "likely",
      "derived": false
    },
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        "megabanks/INDEX",
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        "regional-banks/INDEX",
        "securities-firms/INDEX",
        "securities/INDEX",
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        "https://finwiki.zksc.io/life-insurers/INDEX",
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        "https://finwiki.zksc.io/non-life-insurers/INDEX",
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        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
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      "url": "https://finwiki.zksc.io/OBSIDIAN-SETUP",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/OBSIDIAN-SETUP.md",
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        "Link Convention",
        "Recommended Plugin Set",
        "Useful Dataview Queries",
        "Template Usage",
        "Public-Surface Reminder"
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        "exchanges/jvcea-self-regulatory-overview",
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        "https://finwiki.zksc.io/SCHEMA",
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      "title": "FinWiki 📚💴🧭",
      "domain": "root",
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      "summary": "FinWiki は、金融、決済、ステーブルコイン、暗号資産、資本市場、日本の金融機関、政策金融、公開企業・公開人物の戦略ケースを扱う Markdown ナレッジベースです。主なリンク形式は Obsidian の wikilink で、全体入口は INDEX.md です。",
      "headings": [
        "FinWiki 📚💴🧭",
        "日本語 🇯🇵",
        "📊 数字で見る FinWiki",
        "🚪 まず見る場所",
        "🗺️ コンテンツマップ",
        "🔐 公開面ルール",
        "🔍 使い方",
        "🛠️ 運用ルール",
        "📦 GitHub Releases",
        "🌐 Hosting / Vercel 移行"
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      "wikilinks": [
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        "JapanFG/…",
        "link",
        "wikilink"
      ],
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        "https://finwiki.zksc.io/JapanFG/INDEX"
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        "JapanFG/",
        "OBSIDIAN-SETUP.md",
        "SCHEMA.md",
        "agent-economy/",
        "ai-index.json",
        "banking/",
        "business/",
        "corporate-strategy/",
        "derivatives/",
        "exchanges/",
        "finance/",
        "fintech/",
        "http://finwiki.zksc.io/",
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        "llms-full.txt",
        "llms.txt",
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        "money-market/",
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        "policy-finance/",
        "real-estate-finance/",
        "retail/",
        "robots.txt",
        "securities/",
        "security/",
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      "summary": "Every entry must be safe for a public repository. Do not commit:",
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        "Required Fields",
        "Recommended Fields",
        "Body-Link Requirement",
        "Optional / Legacy Fields",
        "Confidence Enum",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/2026-04-08_agent-payment-infrastructure-research.md",
      "title": "Agent 決済インフラ調査レポート",
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      "summary": "This entry sits under AI Agent 決済プロトコル全体図 · 7プロトコル俯瞰. Read it against Skill マーケット有料化 for peer / contrast context and payments index for the broader system / regulatory boundary.",
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        "三、ID と信頼レイヤー",
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        "Start here",
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        "Embedded wallet stack",
        "Solana mobile thesis",
        "Skill / monetization layer",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-custody-and-authorization-framework-2026.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-driven-market-data-interpretation-pipeline.md",
      "title": "Agent-driven market data interpretation pipeline · feed → LLM → signal → trading system",
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      "summary": "The 2026 agent-driven market data pipeline is a four-stage compound: (1) ingest raw market data from Bloomberg, Reuters / Refinitiv, Nikkei, exchange direct feeds, regulator releases, corporate filings; (2) interpret via LLM (BloombergGPT, JPM internal LLM, Anthropic Claude or OpenAI GPT through lic",
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        "Wiki route",
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        "Stage 2 · Interpret · LLM ingestion",
        "Stage 3 · Route · signal → trading system",
        "Stage 4 · Execute · deterministic algo + pre-trade controls",
        "Real-world deployments · 2026-05 public disclosures",
        "Goldman Marquee + Marquee AI"
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        "agent-economy/agent-legal-tax-liability-framework",
        "agent-economy/agent-payment-protocol-four-way-comparison-2026",
        "agent-economy/ai-driven-trading-regulation-japan-2026",
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        "agent-economy/llm-agent-finance-application-overview-2026",
        "derivatives/INDEX",
        "exchanges/cex-api-sdk-ecosystem-comparison",
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        "securities/japan-market-maker-and-liquidity-provider-landscape"
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/securities/japan-market-maker-and-liquidity-provider-landscape"
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      "source_path": "agent-economy/agent-identity-defi-and-traditional-finance-bridge.md",
      "url": "https://finwiki.zksc.io/agent-economy/agent-identity-defi-and-traditional-finance-bridge",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-identity-defi-and-traditional-finance-bridge.md",
      "title": "Agent identity bridging DeFi and traditional finance · KYA, Skyfire, Lit PKP, mDL, MiCA, GENIUS",
      "domain": "agent-economy",
      "entry_type": "wiki_entry",
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      "summary": "Agent identity in 2026 sits at the bridge between DeFi-native primitives (smart-contract wallets, on-chain attestations, ERC-4337 / ERC-7702 wallets controlled by Lit PKP threshold keys or session keys) and traditional digital-identity primitives (mDL ISO/IEC 18013-5 mobile driving licence, EU eIDAS",
      "headings": [
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        "TL;DR",
        "Wiki route",
        "What \"agent identity\" actually means · five layers",
        "Know Your Agent (KYA) framework · regulatory adaptation of KYC",
        "Skyfire · issuer-level agent identity (canonical case)",
        "On-chain agent identity · three patterns",
        "Pattern 1 · Lit PKP threshold-key identity",
        "Pattern 2 · EOA + ERC-7702 + WebAuthn passkey delegation",
        "Pattern 3 · ERC-4337 SCW with session keys"
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        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-cross-border-implications",
        "fintech/mica-overview",
        "security/forensic-identity-anchor-chain",
        "systems/erc-4337-overview",
        "systems/erc-7702-overview"
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        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-legal-tax-liability-framework.md",
      "title": "AI agent legal and tax liability framework · who is liable, how is agent income taxed",
      "domain": "agent-economy",
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      "summary": "As of mid-2026, no major financial regulator (US SEC / CFTC / FinCEN, UK FCA, Japan FSA, Singapore MAS, EU ESMA / EBA) has formally granted AI agents independent legal personhood, and no major tax authority (US IRS, UK HMRC, Japan NTA, Singapore IRAS, OECD) has created a new \"AI agent\" tax category.",
      "headings": [
        "AI agent legal and tax liability framework · who is liable, how is agent income taxed",
        "TL;DR",
        "Wiki route",
        "The principal-agent doctrine · default legal frame",
        "The liability waterfall · who pays when an agent transacts incorrectly",
        "US regulators · SEC, CFTC, FinCEN, FTC",
        "UK FCA",
        "Japan FSA · AI principles + 2024-2026 guidance",
        "Singapore MAS",
        "EU · EU AI Act (Regulation 2024/1689) + financial sector"
      ],
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        "agent-economy/embedded-wallet-landscape-2026-consolidation",
        "agent-economy/embedded-wallet-network-effects-moat",
        "agent-economy/erc-7715-overview",
        "agent-economy/skill-market-monetization",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/carf-1099da-end-of-crypto-anonymity"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-payment-protocol-four-way-comparison-2026.md",
      "title": "Agent Payment Protocol 四者比較マトリクス 2026 · AP2 / x402 / Skyfire / Nevermined plus ERC-7715 + Lit PKP",
      "domain": "agent-economy",
      "entry_type": "wiki_entry",
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      "summary": "This entry sits under agent-economy index. Read it against AI Agent 決済プロトコル全体図 · 7プロトコル俯瞰 for the broader seven-protocol landscape, agent protocol mainnet adoption 2026 for production-readiness deltas, and commoditization thesis for the value-capture trajectory. For protocol-specific deep dives see",
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        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-protocol sections",
        "AP2 (Google + FIDO/AAIF)",
        "x402 (Coinbase + Cloudflare + AWS)",
        "Skyfire (Visa + closed-loop card-network issuer)",
        "Nevermined (compute / inference marketplace)",
        "ERC-7715 (subscription / permission scope, supplementary)"
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        "agent-economy/erc-4337-account-abstraction-primer-for-agents",
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        "agent-economy/x402-cloudflare-aws-edge-integration",
        "agent-economy/x402-http-payment-overview",
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        "https://finwiki.zksc.io/agent-economy/erc-7715-agent-payment-stack",
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      "url": "https://finwiki.zksc.io/agent-economy/agent-protocol-mainnet-adoption-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/agent-protocol-mainnet-adoption-2026.md",
      "title": "Agent Protocol Mainnet Adoption · 2026-05 Production-Readiness Snapshot",
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      "summary": "As of May 2026, the agent-payment protocol stack has bifurcated sharply between mainnet-shipped infrastructure and testnet / consortium-only specs. The production-live tier is dominated by x402 (Cloudflare Workers + AWS API Gateway edge integrations), ERC-4337 (mature 4+ years on mainnet), and ERC-7",
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        "Wiki route",
        "x402 — Cloudflare + AWS edge live (PRODUCTION)",
        "AP2 — Google + 60+ partners (CONSORTIUM-LIVE, sparse production)",
        "ERC-7715 — testnet-mature, mainnet-partial (TESTNET → MAINNET ROLLING)",
        "ERC-4337 — mature mainnet (PRODUCTION, T+4 years)",
        "ERC-7702 — Pectra-shipped to mainnet (PRODUCTION, T+1 year)",
        "Agent SDK integration matrix",
        "Production deployment patterns"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/ai-agent-payment-protocols-commoditization.md",
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      "entry_type": "wiki_entry",
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      "summary": "This entry sits under AI Agent 決済プロトコル全体図 · 7プロトコル俯瞰. Read it against payments index for peer / contrast context and systems index for the broader system / regulatory boundary.",
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        "Key facts",
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        "Related",
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      "source_path": "agent-economy/crossmint-agent-sdk.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/crossmint-agent-sdk.md",
      "title": "Crossmint agent SDK · NFT and wallet abstraction for AI agents",
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      "summary": "This entry sits under AI Agent payment protocols seven-protocol overview. Read it against Privy embedded wallet and Coinbase CDP for peer wallet stacks, embedded wallet consolidation for market context, and embedded wallet moat for value-capture framing.",
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        "Crossmint agent SDK · NFT and wallet abstraction for AI agents",
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        "agent-economy/embedded-wallet-network-effects-moat",
        "agent-economy/nevermined-compute-payment-protocol",
        "agent-economy/privy-aws-agentcore-default-wallet",
        "agent-economy/privy-embedded-wallet-overview",
        "agent-economy/skyfire-closed-loop-agent-issuer",
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      "source_path": "agent-economy/embedded-wallet-custody-bankruptcy-mechanics.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/embedded-wallet-custody-bankruptcy-mechanics.md",
      "title": "Embedded-wallet custody bankruptcy mechanics · what happens to end-user funds if Privy / Stripe / Coinbase CDP / AWS Bedrock fails",
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      "summary": "End-user funds in an embedded wallet are on-chain at an address the user controls jointly with the provider, not on the provider's balance sheet. If Privy, Stripe (the Privy parent), Coinbase CDP, or the underlying AWS Bedrock TEE infrastructure fails, the legal-bankruptcy claim on the cash a user m",
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      "source_path": "agent-economy/embedded-wallet-landscape-2026-consolidation.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/embedded-wallet-landscape-2026-consolidation.md",
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      "summary": "By mid-2026 the embedded-wallet category has compressed from a long tail of 20+ SDK vendors into a default-tier duopoly (Privy under Stripe, Coinbase CDP) and a secondary tier (Magic, thirdweb, Dynamic, Web3Auth, Particle Network, Crossmint) competing for niches the hyperscalers' default routing doe",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/embedded-wallet-network-effects-moat.md",
      "title": "埋込ウォレットのネットワーク効果 · ウォレット本体ではなくインテグレーターの堀",
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        "埋込ウォレットのネットワーク効果 · ウォレット本体ではなくインテグレーターの堀",
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        "Mechanism / How it works",
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        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/genius-act-501-denylist-mandate",
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      "source_path": "agent-economy/erc-4337-account-abstraction-primer-for-agents.md",
      "url": "https://finwiki.zksc.io/agent-economy/erc-4337-account-abstraction-primer-for-agents",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/erc-4337-account-abstraction-primer-for-agents.md",
      "title": "ERC-4337 Account Abstraction Primer for AI Agents",
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      "canonical_anchor": "",
      "summary": "ERC-4337 is the application-layer account-abstraction standard that lets an Ethereum address be controlled by arbitrary code instead of a single secp256k1 key. For AI agents, that is the difference between \"the agent has to be given the user's seed phrase\" (unsafe, irrevocable) and \"the agent is a s",
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        "Mechanism · the four primitives, agent-side reading",
        "Mechanism · the validateUserOp lifecycle, agent-side reading",
        "Mechanism · session keys as the canonical agent pattern",
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        "Regulatory framing · who is the signer of record?",
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      "source_path": "agent-economy/erc-7702-eoa-delegation-primer-for-agents.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/erc-7702-eoa-delegation-primer-for-agents.md",
      "title": "ERC-7702 EOA Delegation Primer for AI Agents",
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      "canonical_anchor": "",
      "summary": "ERC-7702 (live since Pectra, 2025-05) lets an existing externally-owned account temporarily — or persistently — execute as if it were a smart contract wallet, without changing its address. For AI agents this matters because the ~90% of Ethereum value that lives in EOAs (MetaMask, Rabby, hardware wal",
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        "Mechanism · the delegation designator's signature lifecycle",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/erc-7715-agent-payment-stack.md",
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      "summary": "This entry sits under AI Agent 決済プロトコル全体図 · 7プロトコル俯瞰. Read it against payments index for peer / contrast context and systems index for the broader system / regulatory boundary.",
      "headings": [
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        "Wiki route",
        "Key facts",
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        "Origin & evolution",
        "Related",
        "Sources"
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      "source_path": "agent-economy/erc-7715-overview.md",
      "url": "https://finwiki.zksc.io/agent-economy/erc-7715-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/erc-7715-overview.md",
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      "domain": "agent-economy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under AI Agent 決済プロトコル全体図 · 7プロトコル俯瞰. Read it against payments index for peer / contrast context and systems index for the broader system / regulatory boundary.",
      "headings": [
        "ERC-7715 概観 · Wallet Permissions と AI Agent 自動決済",
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        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/agent-economy/solana-saga-vs-embedded-wallet-os-thesis.md",
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      "title": "Stripe Agent Toolkit · Stripe's First-Party Agent SDK and Its Position vs x402 / Privy / AWS AgentCore",
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      "summary": "The Stripe Agent Toolkit, launched in late 2024 and significantly expanded through 2025, is Stripe's first-party SDK for letting AI agents transact through the existing Stripe rails — Issuing cards, ACH, wires, SEPA, payouts, billing, and Connect — without having to invent a new chain-native settlem",
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      "title": "Visa Intelligent Commerce + Mastercard Agent Pay · Card-Network Agentic Commerce Pilots",
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        "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
        "https://finwiki.zksc.io/asset-managers/smd-am",
        "https://finwiki.zksc.io/asset-managers/smt-am",
        "https://finwiki.zksc.io/asset-managers/t-and-d-asset-management",
        "https://finwiki.zksc.io/asset-managers/tokio-marine-asset-management",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3490,
      "word_like_tokens": 485,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "asset-managers/asset-management-one.md",
      "url": "https://finwiki.zksc.io/asset-managers/asset-management-one",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/asset-management-one.md",
      "title": "アセットマネジメントOne",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against 三井住友DSアセットマネジメント and 三井住友トラスト・アセットマネジメント (SMT-AM) for peer / contrast among bank- and trust-affiliated 運用会社, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "アセットマネジメントOne",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/mufg-asset-management",
        "asset-managers/nomura-asset-management",
        "asset-managers/smd-am",
        "asset-managers/smt-am",
        "financial-regulators/fsa",
        "life-insurers/dai-ichi-life",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/mizuho-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/asset-managers/smd-am",
        "https://finwiki.zksc.io/asset-managers/smt-am",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2838,
      "word_like_tokens": 437,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/daiwa-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/daiwa-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/daiwa-asset-management.md",
      "title": "大和アセットマネジメント",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against 野村アセットマネジメント for the securities-affiliated 運用会社 peer / contrast, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "大和アセットマネジメント",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/nikko-asset-management",
        "asset-managers/nomura-asset-management",
        "financial-regulators/fsa",
        "life-insurers/kampo-life",
        "regional-banks/daiwa-next-bank",
        "securities-firms/daiwa-sg",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/nikko-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2671,
      "word_like_tokens": 386,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/mitsubishi-corp-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/mitsubishi-corp-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/mitsubishi-corp-asset-management.md",
      "title": "三菱商事系アセットマネジメント (Mitsubishi Corp Asset Management arm)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against アセットマネジメントOne (the みずほ FG + 第一生命 JV AM, peer banking-system AM) and 三菱UFJアセットマネジメント (the MUFG 系列 AM). For the same-parent group-treasury arm, see 三菱商事FS. For broader 商社系金融 peer set: 三井物産FS / 住友商事FM / 伊藤忠ファイナンス / 丸紅フィナンス / 豊田通商フィナンス / 双日フィナン",
      "headings": [
        "三菱商事系アセットマネジメント (Mitsubishi Corp Asset Management arm)",
        "Wiki route",
        "1. 会社概要",
        "三菱グループ内の AM 機能配置",
        "2. 事業セグメント・マップ",
        "Peer / 競合",
        "group-treasury 機能との分業",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "banking/INDEX",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/fsa-supervision-bureau",
        "leasing-firms/mitsubishi-hc-capital",
        "life-insurers/dai-ichi-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "securities/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5617,
      "word_like_tokens": 894,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "asset-managers/mufg-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/mufg-asset-management.md",
      "title": "三菱UFJアセットマネジメント",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against アセットマネジメントOne (a Mizuho + Dai-ichi Life JV) for the contrast in ownership model, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "三菱UFJアセットマネジメント",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/smd-am",
        "financial-regulators/fsa",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "securities-firms/mufg-mums",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/smd-am",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/mufg",
          "evidence": "official_profile",
          "source": "https://www.am.mufg.jp/corp/about/gaiyou.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 3017,
      "word_like_tokens": 466,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/nikko-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/nikko-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/nikko-asset-management.md",
      "title": "アモーヴァ・アセットマネジメント (旧 日興アセット)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against 三井住友トラスト・アセットマネジメント (SMT-AM) for the same-group trust-affiliated 運用会社 peer / contrast, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "アモーヴァ・アセットマネジメント (旧 日興アセット)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/nomura-asset-management",
        "asset-managers/smt-am",
        "financial-regulators/fsa",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/smtb",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/asset-managers/smt-am",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2856,
      "word_like_tokens": 422,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "asset-managers/nissay-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/nissay-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/nissay-asset-management.md",
      "title": "ニッセイアセットマネジメント (Nissay AM)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against アセットマネジメントOne for peer / contrast context, securities license stack for the FIEA license boundary, and FSA 金商業者 index for the registry layer.",
      "headings": [
        "ニッセイアセットマネジメント (Nissay AM)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. 出資・統治構造",
        "4. Why standalone page matters",
        "5. 競合・peer",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "asset-managers/sbi-asset-management",
        "asset-managers/t-and-d-asset-management",
        "asset-managers/tokio-marine-asset-management",
        "financial-licenses/securities-license-stack",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "life-insurers/td-hd",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "non-life-insurers/tokio-marine",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
        "https://finwiki.zksc.io/asset-managers/t-and-d-asset-management",
        "https://finwiki.zksc.io/asset-managers/tokio-marine-asset-management",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3575,
      "word_like_tokens": 512,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/nomura-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/nomura-asset-management.md",
      "title": "野村アセットマネジメント",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against 大和アセットマネジメント for the other major securities-affiliated 運用会社 peer / contrast, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "野村アセットマネジメント",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/daiwa-asset-management",
        "asset-managers/nikko-asset-management",
        "financial-regulators/fsa",
        "securities-firms/nomura-hd",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/nomura-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/daiwa-asset-management",
        "https://finwiki.zksc.io/asset-managers/nikko-asset-management",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "securities-firms/nomura-hd",
          "evidence": "official_profile",
          "source": "https://www.nomura-am.co.jp/corporate/gaiyo/gaiyo.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2945,
      "word_like_tokens": 435,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/principal-japan.md",
      "url": "https://finwiki.zksc.io/asset-managers/principal-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/principal-japan.md",
      "title": "Principal Japan / プリンシパル・ジャパン",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against Manulife Life Insurance Japan and NN Life Japan for foreign-financial-group peer context, and insurance index for the broader Japan retirement / insurance system / regulatory boundary.",
      "headings": [
        "Principal Japan / プリンシパル・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "life-insurers/aia-life-japan",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/nn-life-japan",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/life-insurers/aia-life-japan",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5486,
      "word_like_tokens": 800,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "asset-managers/saison-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/saison-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/saison-asset-management.md",
      "title": "セゾン投信 (Saison Asset Management)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX as the operating-company anchor for Credit Saison グループの投資信託子会社. Read it against クレディセゾン（親会社）, peer 長期分散投資のレオス・キャピタルワークス（ひふみ投信）・さわかみ投信・コモンズ投信、distribution channel asset-managers/INDEX の直販投信群、broader context asset management index for the regulatory boundary.",
      "headings": [
        "セゾン投信 (Saison Asset Management)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "2.1 主力ファンド 2 本柱",
        "2.2 投資哲学",
        "2.3 NISA / iDeCo 対応",
        "3. 親会社関係（Credit Saison 連結内）",
        "子会社化の経緯（2017）",
        "4. KPI（公式公開情報ベース）"
      ],
      "wikilinks": [
        "JapanFG/commons-am",
        "JapanFG/hifumi",
        "JapanFG/sawakami-am",
        "asset-managers/INDEX",
        "asset-managers/daiwa-am",
        "asset-managers/mitsubishi-ufj-am",
        "asset-managers/nomura-am",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "megabanks/mizuho-fg",
        "trust-banks/master-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6248,
      "word_like_tokens": 965,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "asset-managers/sbi-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/sbi-asset-management.md",
      "title": "SBIアセットマネジメント",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against 野村アセットマネジメント for the established-house peer / contrast in the low-cost index / ETF fee competition, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "SBIアセットマネジメント",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/mufg-asset-management",
        "asset-managers/nomura-asset-management",
        "financial-regulators/fsa",
        "megabanks/sbi-hd",
        "securities-firms/sbi-fx-trade",
        "securities-firms/sbi-securities",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2564,
      "word_like_tokens": 394,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "asset-managers/smd-am.md",
      "url": "https://finwiki.zksc.io/asset-managers/smd-am",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/smd-am.md",
      "title": "三井住友DSアセットマネジメント",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX (its domain route). Read it against アセットマネジメントOne for the other multi-shareholder JV 運用会社 peer / contrast, and against the FSA plus FSA 金商業者 index for the supervisory / registry boundary over 投資運用業 operators.",
      "headings": [
        "三井住友DSアセットマネジメント",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "financial-regulators/fsa",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "securities-firms/daiwa-sg",
        "securities-firms/smbc-nikko",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2832,
      "word_like_tokens": 435,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/smt-am.md",
      "url": "https://finwiki.zksc.io/asset-managers/smt-am",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/smt-am.md",
      "title": "三井住友トラスト・アセットマネジメント (SMT-AM)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against アセットマネジメントOne for peer / contrast context, securities license stack for the FIEA license boundary, and FSA 金商業者 index for the registry layer.",
      "headings": [
        "三井住友トラスト・アセットマネジメント (SMT-AM)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. 出資・統治構造",
        "4. Why standalone page matters",
        "5. 競合・peer",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "asset-managers/nikko-asset-management",
        "asset-managers/nomura-asset-management",
        "asset-managers/smd-am",
        "financial-licenses/securities-license-stack",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nikko-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/asset-managers/smd-am",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3397,
      "word_like_tokens": 496,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "asset-managers/t-and-d-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/t-and-d-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/t-and-d-asset-management.md",
      "title": "T&Dアセットマネジメント (T&D AM)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against ニッセイアセットマネジメント for peer / contrast context, securities license stack for the FIEA license boundary, and FSA 金商業者 index for the registry layer.",
      "headings": [
        "T&Dアセットマネジメント (T&D AM)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. 出資・統治構造",
        "4. Why standalone page matters",
        "5. 競合・peer",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "asset-managers/nissay-asset-management",
        "asset-managers/sbi-asset-management",
        "asset-managers/smt-am",
        "asset-managers/tokio-marine-asset-management",
        "financial-licenses/securities-license-stack",
        "life-insurers/daido-life",
        "life-insurers/nippon-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-hd",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "non-life-insurers/tokio-marine",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nissay-asset-management",
        "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
        "https://finwiki.zksc.io/asset-managers/smt-am",
        "https://finwiki.zksc.io/asset-managers/tokio-marine-asset-management",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3600,
      "word_like_tokens": 588,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "asset-managers/tokio-marine-asset-management.md",
      "url": "https://finwiki.zksc.io/asset-managers/tokio-marine-asset-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/asset-managers/tokio-marine-asset-management.md",
      "title": "東京海上アセットマネジメント (Tokio Marine AM)",
      "domain": "asset-managers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under asset-managers INDEX. Read it against アセットマネジメントOne for peer / contrast context, securities license stack for the FIEA license boundary, and FSA 金商業者 index for the registry layer.",
      "headings": [
        "東京海上アセットマネジメント (Tokio Marine AM)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "Insurance-group asset-management channel",
        "Product / client split",
        "3. 出資・統治構造",
        "4. Why standalone page matters",
        "5. 競合・peer"
      ],
      "wikilinks": [
        "asset-managers/INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "asset-managers/nissay-asset-management",
        "asset-managers/smt-am",
        "asset-managers/t-and-d-asset-management",
        "financial-licenses/securities-license-stack",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nissay-asset-management",
        "https://finwiki.zksc.io/asset-managers/smt-am",
        "https://finwiki.zksc.io/asset-managers/t-and-d-asset-management",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6255,
      "word_like_tokens": 974,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "banking/INDEX.md",
      "url": "https://finwiki.zksc.io/banking/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/INDEX.md",
      "title": "banking — Net bank / BaaS / banking-structure index",
      "domain": "banking",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "banking/ contains 39 entries (excluding INDEX, 40 total) about Japanese net banks, BaaS, quick deposit, cooperative banking, JA Bank system, JF Marine Bank system, cooperative-finance registries, trust-bank / custody infrastructure, regional bank API partnerships, regional bank structure, and foreig",
      "headings": [
        "banking — Net bank / BaaS / banking-structure index",
        "Overview",
        "Start here",
        "Net banks / platform banks",
        "Licensed bank operating-company pages",
        "BaaS / infrastructure",
        "Trust / custody infrastructure",
        "Banking structure patterns",
        "Shinkin operating-company anchors",
        "Comparison matrices"
      ],
      "wikilinks": [
        "JapanFG/INDEX",
        "banking/au-jibun-bank",
        "banking/baas-japan-landscape",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "banking/custody-bank-operating-model",
        "banking/foreign-bank-japan-retreat",
        "banking/ja-bank-system-japan",
        "banking/japan-baas-operating-models",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/japan-foreign-bank-retreat-refocus-timeline-matrix",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-net-bank-competition-map",
        "banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "banking/japan-trust-bank-custody-map",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/jasdec-settlement-operations",
        "banking/jf-marine-bank-system-japan",
        "banking/master-trust-bank-operating-model",
        "banking/mercari-bank",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/pension-trust-mandate-allocation-japan",
        "banking/post-megabank-positioning",
        "banking/quick-deposit-four-methods",
        "banking/rakuten-bank",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "banking/rokin-bank-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "banking/trust-bank-custody-operating-comparison",
        "banking/trust-bank-fee-structure-comparison",
        "cooperative-banks/asahi-shinkin",
        "cooperative-banks/hamamatsu-iwata-shinkin",
        "cooperative-banks/johoku-shinkin",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/kawasaki-shinkin",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/okazaki-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/tama-shinkin",
        "cooperative-banks/yokohama-shinkin",
        "financial-regulators/rcc",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/resona-bank",
        "megabanks/saitama-resona-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payment-firms/gmo-aozora-net",
        "regional-banks/01-bank",
        "regional-banks/18-shinwa-bank",
        "regional-banks/aichi-bank",
        "regional-banks/ashikaga-bank",
        "regional-banks/awa-bank",
        "regional-banks/chikuho-bank",
        "regional-banks/chugoku-bank",
        "regional-banks/daishi-hokuetsu-bank",
        "regional-banks/daito-bank",
        "regional-banks/daiwa-next-bank",
        "regional-banks/ehime-bank",
        "regional-banks/fukui-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-chuo-bank",
        "regional-banks/fukushima-bank",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/higo-bank",
        "regional-banks/hiroshima-bank",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokkoku-bank",
        "regional-banks/hokuriku-bank",
        "regional-banks/hokuto-bank",
        "regional-banks/howa-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/iyo-bank",
        "regional-banks/juroku-bank",
        "regional-banks/kagawa-bank",
        "regional-banks/kagoshima-bank",
        "regional-banks/kanagawa-bank",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/kiraboshi-bank",
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/custody-bank-operating-model",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/japan-foreign-bank-retreat-refocus-timeline-matrix",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "https://finwiki.zksc.io/banking/jasdec-settlement-operations",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/master-trust-bank-operating-model",
        "https://finwiki.zksc.io/banking/mercari-bank",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/pension-trust-mandate-allocation-japan",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/banking/trust-bank-fee-structure-comparison",
        "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
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        "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/tama-shinkin",
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        "https://finwiki.zksc.io/financial-regulators/rcc",
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        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/resona-bank",
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        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
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        "https://finwiki.zksc.io/regional-banks/howa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/au-jibun-bank.md",
      "title": "auじぶん銀行 (au Jibun Bank)",
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      "canonical_anchor": "regional-banks/au-jibun-bank",
      "summary": "This entry sits under banking index as the operating-profile companion to the entity anchor at auじぶん銀行 (au Jibun Bank) entity anchor; this banking-domain page is the net-bank operating view of that same entity. Read it against 楽天銀行 (Rakuten Bank) for peer / contrast context and Cooperative banking i",
      "headings": [
        "auじぶん銀行 (au Jibun Bank)",
        "Wiki route",
        "TL;DR",
        "Structure",
        "Strategic read",
        "Related",
        "Sources"
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        "banking/cooperative-banking-japan",
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        "megabanks/sony-fg",
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        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/regional-banks/au-jibun-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/baas-japan-landscape.md",
      "title": "Japan BaaS landscape",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against みんなの銀行 BaaS model for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "Japan BaaS landscape",
        "Wiki route",
        "TL;DR",
        "Landscape map",
        "Strategic read",
        "Why Minna Bank matters",
        "Regulatory / operating constraints",
        "Related",
        "Sources"
      ],
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        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
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        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
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        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
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        "https://finwiki.zksc.io/regional-banks/ssnb"
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    {
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      "url": "https://finwiki.zksc.io/banking/cooperative-banking-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/cooperative-banking-japan.md",
      "title": "Cooperative banking in Japan",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's cooperative banking layer consists mainly of shinkin banks, credit cooperatives, labor banks, the JA Bank agricultural cooperative banking system, the JF Marine Bank fisheries cooperative banking system, and related central institutions. FSA's supervision guideline treats cooperative financi",
      "headings": [
        "Cooperative banking in Japan",
        "TL;DR",
        "Structure Map",
        "Why It Matters",
        "JapanFG Relevance",
        "Boundary Cases",
        "Related",
        "Sources"
      ],
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        "banking/INDEX",
        "banking/baas-japan-landscape",
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        "banking/jf-marine-bank-system-japan",
        "banking/post-megabank-positioning",
        "banking/regional-bank-consolidation-pattern",
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        "financial-licenses/INDEX",
        "regional-banks/akita-bank",
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/joyo-bank"
      ],
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    {
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      "url": "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/credit-cooperative-registry-japan.md",
      "title": "Japan credit cooperative registry",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with Cooperative banking in Japan for adjacent context and Regional bank consolidation pattern for the broader system boundary.",
      "headings": [
        "Japan credit cooperative registry",
        "Wiki route",
        "TL;DR",
        "1. Registry snapshot",
        "2. Coverage decision",
        "3. Supervisory-bureau count",
        "4. Prefecture count",
        "5. Prefecture name index",
        "6. Full official registry rows",
        "Related"
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        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/regional-bank-consolidation-pattern",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/missing-financial-institutions-backlog"
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog"
      ],
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      "entity_node": null,
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      "url": "https://finwiki.zksc.io/banking/custody-bank-operating-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/custody-bank-operating-model.md",
      "title": "Custody Bank of Japan operating model",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with the entity anchor 日本カストディ銀行 (CBJ), the operating peer Master Trust Bank operating model and entity MTBJ, the landscape summary Japan master trust and custody bank landscape, the cross-camp matrix Japan trust bank vs global custodian comparison matrix",
      "headings": [
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        "Wiki route",
        "TL;DR",
        "1. 機関位置",
        "Shareholder structure (public disclosure, as of 2020-07-27)",
        "Why two specialist custodians, not one",
        "Lineage diagram",
        "Business-line map",
        "Operating-function breakdown",
        "The 「信託口」 nominee surface — CBJ specific"
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        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-trust-bank-custody-map",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
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        "banking/master-trust-bank-operating-model",
        "banking/pension-trust-mandate-allocation-japan",
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        "finance/japan-listed-financial-groups-investable-universe",
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        "life-insurers/dai-ichi-life",
        "megabanks/mizuho-fg",
        "securities/japan-market-infrastructure-map",
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        "trust-banks/mizuho-trust-bank",
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        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
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        "https://finwiki.zksc.io/banking/master-trust-bank-operating-model",
        "https://finwiki.zksc.io/banking/pension-trust-mandate-allocation-japan",
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        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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      "url": "https://finwiki.zksc.io/banking/daiwa-next-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/daiwa-next-bank.md",
      "title": "Daiwa Next Bank operating profile (大和ネクスト銀行)",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "regional-banks/daiwa-next-bank",
      "summary": "This entry sits under banking index as the operating-profile companion to the entity anchor at 大和ネクスト銀行 entity anchor. Read it within the segment map at Japan net bank competition map, with parent context at Daiwa Securities Group and the to-be-consolidated Orix Bank page, against the securities-adj",
      "headings": [
        "Daiwa Next Bank operating profile (大和ネクスト銀行)",
        "Wiki route",
        "TL;DR",
        "1. Identity and group position",
        "Why a securities group built a bank",
        "Group structure (post-Orix Bank acquisition completion)",
        "Brokerage-linked deposit core (MRF / sweep mechanics)",
        "Yen and foreign-currency deposit",
        "Asset-formation support",
        "Channel architecture: securities-bank hybrid"
      ],
      "wikilinks": [
        "asset-managers/daiwa-asset-management",
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        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/rakuten-bank",
        "banking/sony-bank",
        "banking/ui-bank",
        "regional-banks/daiwa-next-bank",
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        "securities-firms/daiwa-sg",
        "securities-firms/rakuten-securities",
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        "securities/japan-online-brokerage-competition",
        "trust-banks/daiwa-living-trust",
        "trust-banks/orix-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/daiwa-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/gmo-aozora-net-bank",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/sony-bank",
        "https://finwiki.zksc.io/banking/ui-bank",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/orix-bank"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "banking/foreign-bank-japan-retreat.md",
      "url": "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/foreign-bank-japan-retreat.md",
      "title": "Foreign-bank Japan retreat pattern",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against Post-megabank positioning for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "Foreign-bank Japan retreat pattern",
        "Wiki route",
        "Overview",
        "Pattern Map",
        "Why Retail Is Hard",
        "Regulatory Reading",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/post-megabank-positioning",
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        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/icbc-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "foreign-financial-institutions/wells-fargo-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "securities-firms/anz-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 1119,
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    },
    {
      "source_path": "banking/gmo-aozora-net-bank.md",
      "url": "https://finwiki.zksc.io/banking/gmo-aozora-net-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/gmo-aozora-net-bank.md",
      "title": "GMO Aozora Net Bank operating profile (GMO あおぞらネット銀行)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "payment-firms/gmo-aozora-net",
      "summary": "This entry sits under banking index as the operating-profile companion to the entity anchor at GMO あおぞらネット銀行 entity anchor. Read it within the segment map at Japan net bank competition map, against the corporate-API peer 住信SBIネット銀行 / NEOBANK and the consumer-led net-bank cohort Rakuten Bank · PayPay",
      "headings": [
        "GMO Aozora Net Bank operating profile (GMO あおぞらネット銀行)",
        "Wiki route",
        "TL;DR",
        "1. Identity and ownership",
        "How the JV came together",
        "Group-context positioning",
        "Corporate / SME / freelancer account franchise",
        "Business-loan flagship: あんしんワイド",
        "Bank API for Developers",
        "Partner ecosystem (representative)"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/baas-japan-landscape",
        "banking/daiwa-next-bank",
        "banking/japan-baas-operating-models",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/rakuten-bank",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/sony-bank",
        "banking/ui-bank",
        "financial-licenses/bank-license-and-baas-boundary",
        "fintech/japan-stablecoin-regulatory-landscape",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-coin",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-payment-gateway",
        "payments/japan-bank-api-incident-and-fraud-control",
        "payments/japan-bank-api-payment-agency-route",
        "regional-banks/aozora-bank",
        "regional-banks/ssnb",
        "securities-firms/gmo-click-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/daiwa-next-bank",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/sony-bank",
        "https://finwiki.zksc.io/banking/ui-bank",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payments/japan-bank-api-incident-and-fraud-control",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11637,
      "word_like_tokens": 1850,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "banking/ja-bank-system-japan.md",
      "url": "https://finwiki.zksc.io/banking/ja-bank-system-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/ja-bank-system-japan.md",
      "title": "JA Bank system in Japan",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JA Bank is not one stock-company bank. It is the agricultural cooperative credit-business system formed by local JA credit businesses, prefectural JA Shinnoren, and Norinchukin Bank. Official JA Bank materials describe these three layers as the members of the JA Bank system, with integrated operatio",
      "headings": [
        "JA Bank system in Japan",
        "TL;DR",
        "1. System boundary",
        "2. Operating logic",
        "3. Why it matters",
        "4. Boundary cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "banking/rokin-bank-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/norinchukin",
        "policy-finance/INDEX",
        "trust-banks/nochu-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4297,
      "word_like_tokens": 696,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/japan-baas-operating-models.md",
      "url": "https://finwiki.zksc.io/banking/japan-baas-operating-models",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-baas-operating-models.md",
      "title": "Japan BaaS operating models",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan BaaS can be described by customer ownership, deposit-contract holder, UI controller, API provider, KYC / AML / fraud-monitoring responsibility, and license stack. A partner-branded app can present a banking UX while the bank account legally remains with a licensed bank.",
      "headings": [
        "Japan BaaS operating models",
        "Overview",
        "Operating-Model Matrix",
        "Legal Stack Versus UX Stack",
        "Case Set",
        "Minna Bank",
        "SSNB NEOBANK",
        "GMO Aozora",
        "UI Bank / CQ BANK",
        "Responsibility Boundary"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/japan-net-bank-competition-map",
        "banking/mercari-bank",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/quick-deposit-four-methods",
        "banking/regional-bank-api-digital-partnership-route",
        "fintech/japan-financial-regulation",
        "payment-firms/gmo-aozora-net",
        "payments/account-to-account-payment-japan",
        "payments/japan-bank-api-payment-agency-route",
        "regional-banks/ssnb",
        "regional-banks/ui-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/mercari-bank",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/regional-banks/ui-bank"
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    },
    {
      "source_path": "banking/japan-banking-license-tier-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-banking-license-tier-comparison-matrix.md",
      "title": "Japan banking-license tier comparison matrix",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's deposit-taking system is not one license. The Banking Act, Trust Business Act, 信用金庫法, 中小企業等協同組合法, 労働金庫法, and 農林中央金庫法 each carve out distinct license tiers with different statutes, regulators, capital floors, deposit-insurance regimes, permitted-activity envelopes, and governance shapes. This",
      "headings": [
        "Japan banking-license tier comparison matrix",
        "TL;DR",
        "Wiki route",
        "Why a tier matrix matters",
        "Tier 1 — Megabank (普通銀行 / 都市銀行)",
        "Tier 2 — Regional bank (地方銀行)",
        "Tier 3 — Second regional bank (第二地方銀行)",
        "Tier 4 — Trust bank (信託銀行)",
        "Tier 5 — Net bank (ネット銀行)",
        "Tier 6 — Foreign bank branch (外国銀行支店)"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "banking/foreign-bank-japan-retreat",
        "banking/ja-bank-system-japan",
        "banking/japan-baas-operating-models",
        "banking/japan-net-bank-competition-map",
        "banking/jf-marine-bank-system-japan",
        "banking/regional-bank-consolidation-pattern",
        "banking/rokin-bank-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "banking/trust-bank-custody-operating-comparison",
        "cooperative-banks/norinchukin",
        "cooperative-banks/norinchukin\\",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-central\\",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/yokin-hoken-kiko\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko"
      ],
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    },
    {
      "source_path": "banking/japan-cooperative-banking-unified-federation-matrix.md",
      "url": "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-cooperative-banking-unified-federation-matrix.md",
      "title": "Japan cooperative-banking unified federation matrix",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's \"cooperative-finance\" lane is not one system. There are five distinct federation-anchored systems sitting under three different ministries and three different statutes: JA Bank (497 JA + 31 Shinnoren + 農中 under 農協法 / 農林中央金庫法, joint FSA + 農水省), JF Marine Bank (71 JF + 10 JF Shingyoren + 農中 un",
      "headings": [
        "Japan cooperative-banking unified federation matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Cross-system comparison table",
        "JA Bank — 農業協同組合系統 (JA Bank system)",
        "JF Marine Bank — 漁業協同組合系統 (JF Marine Bank system)",
        "信用金庫 — Shinkin system (Japan shinkin bank registry)",
        "信用組合 — Shinkumi system (Japan credit cooperative registry)",
        "労働金庫 — Rokin system (Japan rokin bank registry)"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "banking/foreign-bank-japan-retreat",
        "banking/ja-bank-system-japan",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-foreign-bank-retreat-refocus-timeline-matrix",
        "banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "banking/jf-marine-bank-system-japan",
        "banking/regional-bank-consolidation-pattern",
        "banking/rokin-bank-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zen-noh\\",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/ja-zenchu\\",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/jf-zengyoren\\",
        "cooperative-banks/norinchukin",
        "cooperative-banks/norinchukin\\",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/rokin-renraku\\",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-central\\",
        "cooperative-banks/zenshin-kumi",
        "cooperative-banks/zenshin-kumi\\",
        "financial-licenses/INDEX",
        "financial-regulators/yokin-hoken-kiko",
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        "financial-regulators/zenshin-kyo\\",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/ja-kyosairen\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-foreign-bank-retreat-refocus-timeline-matrix",
        "https://finwiki.zksc.io/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
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    {
      "source_path": "banking/japan-foreign-bank-retreat-refocus-timeline-matrix.md",
      "url": "https://finwiki.zksc.io/banking/japan-foreign-bank-retreat-refocus-timeline-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-foreign-bank-retreat-refocus-timeline-matrix.md",
      "title": "Japan foreign-bank retreat and refocus timeline matrix",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Foreign banks did not \"leave Japan\" between 2000-2026. They narrowed. The retail-heavy presence that several global banks built up in the 1980s-2000s gave way to a focused mix of corporate banking, markets, custody / asset-servicing, ICSD gateway, wealth management (often via Japanese JV), and Asia-",
      "headings": [
        "Japan foreign-bank retreat and refocus timeline matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Cross-parent comparison matrix (US + EU + Asia)",
        "Timeline of major Japan-presence inflections (2000-2026)",
        "Segment-level current state (2024-2026)",
        "Retreat / inflection trigger taxonomy",
        "Citigroup → narrowest US retreat case (Citigroup Japan)",
        "HSBC → retail exit template (HSBC Japan)"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix\\",
        "banking/post-megabank-positioning",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-america-japan\\",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/barclays-japan\\",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bnp-paribas-japan\\",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/bny-mellon-japan\\",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/citigroup-japan\\",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/commerzbank-japan\\",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan\\",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan\\",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/deutsche-japan\\",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/hsbc-japan\\",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/ing-bank-japan\\",
        "foreign-financial-institutions/intesa-sanpaolo-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan\\",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/jpmorgan-japan\\",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/natixis-japan\\",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/ocbc-bank-japan\\",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/rbc-japan\\",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/socgen-japan\\",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/standard-chartered-japan\\",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/state-street-japan\\",
        "foreign-financial-institutions/ubs-japan",
        "foreign-financial-institutions/ubs-japan\\",
        "foreign-financial-institutions/uob-bank-japan",
        "foreign-financial-institutions/uob-bank-japan\\",
        "foreign-financial-institutions/wells-fargo-japan",
        "foreign-financial-institutions/wells-fargo-japan\\",
        "insurance/INDEX",
        "megabanks/mufg-bank\\",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/goldman-sachs-japan\\",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/morgan-stanley-japan\\",
        "securities-firms/smbc-nikko-securities",
        "trust-banks/custody-bank",
        "trust-banks/custody-bank\\",
        "trust-banks/master-trust-bank",
        "trust-banks/master-trust-bank\\",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/sumitomo-mitsui-trust\\"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
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    {
      "source_path": "banking/japan-master-trust-and-custody-bank-landscape.md",
      "url": "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-master-trust-and-custody-bank-landscape.md",
      "title": "Japan master trust and custody bank landscape",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's master-trust / custody-bank landscape is a two-anchor domestic infrastructure layer: Master Trust Bank of Japan and Custody Bank of Japan. They are not \"investors\" in the ordinary sense; they are asset-administration banks for pensions, investment trusts, insurers, asset managers, and instit",
      "headings": [
        "Japan master trust and custody bank landscape",
        "Overview",
        "Landscape Map",
        "What They Actually Do",
        "Why Filings Show Their Names",
        "Public Research Fields",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/japan-trust-bank-custody-map",
        "fintech/INDEX",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/state-street-japan",
        "securities/japan-market-infrastructure-map",
        "securities/japan-short-selling-and-stock-loan-controls",
        "securities/japan-stock-lending-market-route",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-short-selling-and-stock-loan-controls",
        "https://finwiki.zksc.io/securities/japan-stock-lending-market-route",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank"
      ],
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    {
      "source_path": "banking/japan-net-bank-competition-map.md",
      "url": "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-net-bank-competition-map.md",
      "title": "Japan net bank competition map",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan net-bank competition includes several public operating models: ecosystem retail banks, full-banking BaaS / white-label banks, SME / corporate API banks, securities / asset-formation banks, and regional-group digital banks. The FSA bank list provides the legal universe. Public comparison fields",
      "headings": [
        "Japan net bank competition map",
        "Overview",
        "Competitive Segments",
        "Comparison Axes",
        "Model Notes",
        "Ecosystem Retail",
        "BaaS / White-Label Banking",
        "SME / Corporate API",
        "Asset-Formation Specialists",
        "Regional Digital Banks"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/japan-baas-operating-models",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/rakuten-bank",
        "banking/regional-bank-api-digital-partnership-route",
        "payment-firms/gmo-aozora-net",
        "payments/japan-bank-api-payment-agency-route",
        "regional-banks/01-bank",
        "regional-banks/daiwa-next-bank",
        "regional-banks/sony-bank",
        "regional-banks/ssnb",
        "regional-banks/ui-bank",
        "securities/INDEX",
        "securities/japan-online-brokerage-competition"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/regional-banks/01-bank",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/regional-banks/ui-bank",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition"
      ],
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    {
      "source_path": "banking/japan-net-bank-deposit-feature-matrix-2026.md",
      "url": "https://finwiki.zksc.io/banking/japan-net-bank-deposit-feature-matrix-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-net-bank-deposit-feature-matrix-2026.md",
      "title": "Japan net bank deposit & feature matrix 2026",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's net-bank cohort entered 2026 as a clearly segmented competitive surface rather than one undifferentiated category. The ten-plus operators range from trillion-yen deposit franchises (Rakuten Bank, Sumishin SBI Net Bank, Sony Bank) to specialist BaaS / partner-led brands (Minna Bank, Sumishin",
      "headings": [
        "Japan net bank deposit & feature matrix 2026",
        "TL;DR",
        "Wiki route",
        "Why deposit feature comparison matters in 2026",
        "Bank universe in scope",
        "Core matrix — deposit base and parent ecosystem",
        "Core matrix — FX, mortgage, card, and API depth",
        "Core matrix — 2025-2026 growth, fees, interest, embedded-finance partnerships",
        "Differentiation axes",
        "Deposit-base scale tier"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/daiwa-next-bank",
        "banking/gmo-aozora-net-bank",
        "banking/japan-baas-operating-models",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/mercari-bank",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/quick-deposit-four-methods",
        "banking/rakuten-bank",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/sony-bank",
        "banking/sumishin-sbi-net-bank",
        "banking/ui-bank",
        "business/gmo-internet-group",
        "business/rakuten-group-mobile-finance-bundling-case",
        "business/sony-fg-partial-spinoff-case",
        "card-issuers/paypay-card",
        "finance/japan-acquisition-finance",
        "fintech/INDEX",
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        "megabanks/sbi-hd",
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        "regional-banks/aozora-bank",
        "regional-banks/japan-post-bank",
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        "securities-firms/sbi-fx-trade"
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        "https://finwiki.zksc.io/regional-banks/01-bank",
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        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade"
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    {
      "source_path": "banking/japan-regional-bank-m-a-consolidation-family-tree-matrix.md",
      "url": "https://finwiki.zksc.io/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix.md",
      "title": "Japan regional bank M&A consolidation family-tree matrix",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Post-1990 regional-bank consolidation in Japan has produced a layered map of bank holding companies, each combining one or more first-regional (\"地銀\") and/or second-regional (\"第二地銀\") predecessors, and in some cases a credit-cooperative / 新銀行 predecessor. This matrix collects the surviving FG name, ye",
      "headings": [
        "Japan regional bank M&A consolidation family-tree matrix",
        "TL;DR",
        "Wiki route",
        "Why this family-tree matters",
        "Cross-FG family-tree comparison table",
        "Cross-axis: which FG combined which tier of predecessor banks",
        "How to read this matrix",
        "Key consolidation events as turning points",
        "Capital-scale tiering inside the regional-bank FG universe",
        "Predecessor-to-successor mapping (the family-tree pairs)"
      ],
      "wikilinks": [
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        "banking/INDEX",
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        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/post-megabank-positioning",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/cci-group",
        "financial-regulators/cci-group\\",
        "life-insurers/td-hd",
        "life-insurers/td-hd\\",
        "megabanks/ndfg",
        "megabanks/resona-bank",
        "megabanks/resona-hd",
        "megabanks/resona-hd\\",
        "megabanks/saitama-resona-bank",
        "megabanks/saitama-resona-bank\\",
        "megabanks/sbi-regional-bank-hd",
        "megabanks/sbi-regional-bank-hd\\",
        "regional-banks/18-shinwa-bank",
        "regional-banks/18-shinwa-bank\\",
        "regional-banks/aichi-bank\\",
        "regional-banks/aichi-fg",
        "regional-banks/aichi-fg\\",
        "regional-banks/aomori-bank\\",
        "regional-banks/ashikaga-bank\\",
        "regional-banks/chukyo-bank\\",
        "regional-banks/concordia-fg",
        "regional-banks/concordia-fg\\",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/dai-shi-hokuetsu-fg\\",
        "regional-banks/daishi-hokuetsu-bank",
        "regional-banks/daishi-hokuetsu-bank\\",
        "regional-banks/fidea-hd",
        "regional-banks/fidea-hd\\",
        "regional-banks/fukuoka-bank\\",
        "regional-banks/fukuoka-fg",
        "regional-banks/fukuoka-fg\\",
        "regional-banks/higashi-nippon-bank\\",
        "regional-banks/higo-bank\\",
        "regional-banks/hirogin-hd",
        "regional-banks/hirogin-hd\\",
        "regional-banks/hokkaido-bank\\",
        "regional-banks/hokkoku-bank\\",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokkoku-fhd\\",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuhoku-fg\\",
        "regional-banks/hokuriku-bank\\",
        "regional-banks/hokuto-bank\\",
        "regional-banks/iyo-bank\\",
        "regional-banks/iyogin-hd",
        "regional-banks/iyogin-hd\\",
        "regional-banks/jimoto-hd",
        "regional-banks/jimoto-hd\\",
        "regional-banks/joyo-bank\\",
        "regional-banks/juroku-fg",
        "regional-banks/juroku-fg\\",
        "regional-banks/kagawa-bank\\",
        "regional-banks/kagoshima-bank\\",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/kansai-mirai-bank\\",
        "regional-banks/kiraboshi-bank\\",
        "regional-banks/kiraboshi-fg",
        "regional-banks/kiraboshi-fg\\",
        "regional-banks/kirayaka-bank\\",
        "regional-banks/kitakyushu-bank\\",
        "regional-banks/kumamoto-bank\\",
        "regional-banks/kyushu-fg",
        "regional-banks/kyushu-fg\\",
        "regional-banks/mebuki-fg",
        "regional-banks/mebuki-fg\\",
        "regional-banks/michinoku-bank\\",
        "regional-banks/minato-bank",
        "regional-banks/minato-bank\\",
        "regional-banks/momiji-bank\\",
        "regional-banks/nagasaki-bank\\",
        "regional-banks/nishi-nippon-city-bank\\",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/nishi-nippon-fhd\\",
        "regional-banks/north-pacific-bank",
        "regional-banks/north-pacific-bank-hd",
        "regional-banks/proclair-hd",
        "regional-banks/proclair-hd\\",
        "regional-banks/san-jusan-fg",
        "regional-banks/san-jusan-fg\\",
        "regional-banks/sapporo-hokuyo-bank",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/sbi-shinsei-bank\\",
        "regional-banks/sendai-bank\\",
        "regional-banks/shimane-bank",
        "regional-banks/shimane-bank\\",
        "regional-banks/shizuoka-fg",
        "regional-banks/shizuoka-fg\\",
        "regional-banks/shonai-bank\\",
        "regional-banks/tokushima-taisho-bank\\",
        "regional-banks/tomony-hd",
        "regional-banks/tomony-hd\\",
        "regional-banks/yamaguchi-bank\\",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yamaguchi-fg\\",
        "regional-banks/yokohama-bank",
        "regional-banks/yokohama-bank\\"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
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        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
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        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
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        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank",
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        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-fg",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/minato-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/regional-banks/proclair-hd",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/shimane-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/tomony-hd",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
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    {
      "source_path": "banking/japan-stablecoin-bank-perimeter-2025.md",
      "url": "https://finwiki.zksc.io/banking/japan-stablecoin-bank-perimeter-2025",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-stablecoin-bank-perimeter-2025.md",
      "title": "Japan stablecoin / BaaS bank perimeter (2025–2026)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index as the bank-side perimeter view of the Japan stablecoin / electronic-payment-instrument (EPI) regulatory architecture. Read it with 日本 Stablecoin 法制度の三層構造 for the fintech-side perimeter view, with the platform anchor Progmat and the issuer anchors JPYC · SBI VC Tr",
      "headings": [
        "Japan stablecoin / BaaS bank perimeter (2025–2026)",
        "Wiki route",
        "TL;DR",
        "1. The three-layer perimeter",
        "Deposit token — within the standard bank deposit regime",
        "Bank-issued EPI (預金型) — bridging deposit and broader circulation",
        "Trust-type EPI (信託型) — the institutional-platform lane",
        "3. Issuer / distributor anchor map (2025–2026)",
        "Why platform-provider ≠ issuer",
        "What regional banks can and cannot do"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/gmo-aozora-net-bank",
        "banking/japan-baas-operating-models",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/post-megabank-positioning",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-licenses/payment-license-stack",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-2026-event-tracker",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "megabanks/mufg",
        "payment-firms/jpyc",
        "payment-firms/progmat",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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        "https://finwiki.zksc.io/banking/INDEX",
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        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-2026-event-tracker",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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    {
      "source_path": "banking/japan-trust-bank-custody-map.md",
      "url": "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-trust-bank-custody-map.md",
      "title": "Japan trust bank and custody map",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's trust-bank / custody layer separates legal title, beneficial owner, asset administration, investment instruction, corporate actions, voting, stock lending, and fund accounting. The key mistake is to read \"trust account\" nominee names in filings as if the trust bank itself were the economic i",
      "headings": [
        "Japan trust bank and custody map",
        "Overview",
        "Function Map",
        "Main Institution Types",
        "Interpretation Rules",
        "Capital-Market Links",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "financial-regulators/japan-securities-finance",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/state-street-japan",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/japan-stock-lending-market-route",
        "securities/nisa-2024-flow",
        "securities/tokyo-stock-exchange",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smtb",
        "trust-banks/sumitomo-mitsui-trust"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/japan-stock-lending-market-route",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/japan-trust-bank-vs-global-custodian-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-trust-bank-vs-global-custodian-comparison-matrix.md",
      "title": "Japan trust bank vs global custodian comparison matrix",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Side-by-side comparison of Japanese trust-bank custody operators (full-service trust banks, asset-administration specialists, smaller trust banks) against global custodians (BNY Mellon, State Street, JP Morgan, Citi) operating in Japan. The two camps are not direct substitutes: Japanese trust banks",
      "headings": [
        "Japan trust bank vs global custodian comparison matrix",
        "TL;DR",
        "Wiki route",
        "Population covered",
        "Comparison Matrix (Japanese trust banks)",
        "Comparison Matrix (global custodians in Japan)",
        "Cross-camp matrix view",
        "Master Trust vs Custody Bank of Japan — 2020 統合の意味",
        "Pricing power dynamics",
        "Interpretation rules"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-trust-bank-custody-map",
        "banking/trust-bank-custody-operating-comparison",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "securities/japan-asset-manager-landscape-matrix",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
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        "trust-banks/jsf-trust-bank",
        "trust-banks/master-trust-bank",
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        "trust-banks/nomura-trust-bank",
        "trust-banks/sbi-shinsei-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/smtb"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/jsf-trust-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
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      "nonspace_chars": 13121,
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    {
      "source_path": "banking/jasdec-settlement-operations.md",
      "url": "https://finwiki.zksc.io/banking/jasdec-settlement-operations",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/jasdec-settlement-operations.md",
      "title": "JASDEC settlement operations",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index as a settlement-infrastructure deep dive that is directly load-bearing for the trust-bank custody operating models. Read it alongside JASDEC entity page and JSCC clearing corp for the market-infrastructure side; with Master Trust Bank operating model, Custody Bank",
      "headings": [
        "JASDEC settlement operations",
        "Wiki route",
        "TL;DR",
        "1. 機関位置",
        "What JASDEC is not",
        "Participant types",
        "Book-entry systems",
        "DVP and ancillary services",
        "Function-type breakdown",
        "3. 競合構造"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/custody-bank-operating-model",
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        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/master-trust-bank-operating-model",
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        "banking/trust-bank-fee-structure-comparison",
        "finance/japan-listed-financial-groups-investable-universe",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "payment-firms/progmat",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/japan-security-token-secondary-market-route",
        "securities/osaka-digital-exchange",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/nochu-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/custody-bank-operating-model",
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        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "https://finwiki.zksc.io/banking/master-trust-bank-operating-model",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/banking/trust-bank-fee-structure-comparison",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/japan-security-token-secondary-market-route",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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    {
      "source_path": "banking/jf-marine-bank-system-japan.md",
      "url": "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/jf-marine-bank-system-japan.md",
      "title": "JF Marine Bank system in Japan",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JF Marine Bank is the fishery cooperative credit-business system formed by credit-business JF cooperatives, JF Shingyoren, and Norinchukin Bank. It is not a single ordinary bank or listed-company group. The official JF Marine Bank Basic Policy describes the system as an integrated operating framewor",
      "headings": [
        "JF Marine Bank system in Japan",
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        "1. System boundary",
        "2. Operating logic",
        "3. Why it matters",
        "4. Boundary cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/norinchukin",
        "policy-finance/INDEX"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
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      "source_path": "banking/master-trust-bank-operating-model.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/master-trust-bank-operating-model.md",
      "title": "Master Trust Bank of Japan operating model",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with the entity anchor 日本マスタートラスト信託銀行 (MTBJ), the operating peer 日本カストディ銀行 (CBJ), the landscape summary Japan master trust and custody bank landscape, the operating comparison trust-bank custody operating comparison, and the cross-camp matrix Japan trust",
      "headings": [
        "Master Trust Bank of Japan operating model",
        "Wiki route",
        "TL;DR",
        "1. 機関位置",
        "Shareholder structure (public disclosure)",
        "Why a custody-only trust bank exists",
        "Business-line map",
        "Operating-function breakdown",
        "The 「信託口」 nominee surface",
        "Three competitive layers"
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      "wikilinks": [
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        "asset-managers/sbi-asset-management",
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        "banking/custody-bank-operating-model",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-trust-bank-custody-map",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/jasdec-settlement-operations",
        "banking/pension-trust-mandate-allocation-japan",
        "banking/trust-bank-custody-operating-comparison",
        "banking/trust-bank-fee-structure-comparison",
        "finance/japan-listed-financial-groups-investable-universe",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/nochu-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/custody-bank-operating-model",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "https://finwiki.zksc.io/banking/jasdec-settlement-operations",
        "https://finwiki.zksc.io/banking/pension-trust-mandate-allocation-japan",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/banking/trust-bank-fee-structure-comparison",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
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    {
      "source_path": "banking/mercari-bank-license-stack.md",
      "url": "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/mercari-bank-license-stack.md",
      "title": "メルカリバンク license stack",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with Cooperative banking in Japan for adjacent context and Regional bank consolidation pattern for the broader system boundary.",
      "headings": [
        "メルカリバンク license stack",
        "Wiki route",
        "TL;DR",
        "Stack",
        "What electronic payment agency explains",
        "Important correction",
        "BaaS design lesson",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/cooperative-banking-japan",
        "banking/mercari-bank",
        "banking/minna-bank-baas-model",
        "banking/quick-deposit-four-methods",
        "banking/regional-bank-consolidation-pattern",
        "exchanges/jp-exchange-mercoin",
        "fintech/japan-financial-regulation",
        "payment-firms/mercari-hd",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/mercari-bank",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2778,
      "word_like_tokens": 367,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/mercari-bank.md",
      "url": "https://finwiki.zksc.io/banking/mercari-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/mercari-bank.md",
      "title": "メルカリバンク (Mercari Bank)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against メルカリバンク license stack for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "メルカリバンク (Mercari Bank)",
        "Wiki route",
        "TL;DR",
        "Product map",
        "Strategic read",
        "What it is not",
        "Competitive meaning",
        "Related",
        "Sources"
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      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/cooperative-banking-japan",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/quick-deposit-four-methods",
        "banking/rakuten-bank",
        "payment-firms/gmo-aozora-net"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2414,
      "word_like_tokens": 332,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/minna-bank-baas-model.md",
      "url": "https://finwiki.zksc.io/banking/minna-bank-baas-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/minna-bank-baas-model.md",
      "title": "みんなの銀行 BaaS model",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against メルカリバンク license stack for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "みんなの銀行 BaaS model",
        "Wiki route",
        "TL;DR",
        "Model map",
        "Strategic read",
        "License boundary",
        "Mercari case",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/cooperative-banking-japan",
        "banking/mercari-bank",
        "banking/mercari-bank-license-stack",
        "banking/quick-deposit-four-methods",
        "payment-firms/gmo-aozora-net",
        "regional-banks/fukuoka-fg",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/mercari-bank",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2938,
      "word_like_tokens": 441,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/paypay-bank.md",
      "url": "https://finwiki.zksc.io/banking/paypay-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/paypay-bank.md",
      "title": "PayPay 銀行 (PayPay Bank)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against 楽天銀行 (Rakuten Bank) for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "PayPay 銀行 (PayPay Bank)",
        "Wiki route",
        "TL;DR",
        "Structure",
        "Strategic read",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "banking/au-jibun-bank",
        "banking/cooperative-banking-japan",
        "banking/rakuten-bank",
        "megabanks/paypay-fg",
        "payment-firms/gmo-aozora-net",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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    {
      "source_path": "banking/pension-trust-mandate-allocation-japan.md",
      "url": "https://finwiki.zksc.io/banking/pension-trust-mandate-allocation-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/pension-trust-mandate-allocation-japan.md",
      "title": "Pension trust mandate allocation Japan",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index and connects the pension-side demand to the trust-bank supply. Read it with the institutional anchors MTBJ and CBJ, the operating models Master Trust Bank operating model and Custody Bank operating model, the landscape view Japan master trust and custody bank land",
      "headings": [
        "Pension trust mandate allocation Japan",
        "Wiki route",
        "TL;DR",
        "Pension-system three layers",
        "Mandate-allocation role separation",
        "GPIF mandate allocation",
        "Corporate DB plan mandate-allocation pattern",
        "DC plan mandate-allocation pattern",
        "Why role separation matters",
        "Cross-pension-layer competition map"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/custody-bank-operating-model",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-trust-bank-custody-map",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/jasdec-settlement-operations",
        "banking/master-trust-bank-operating-model",
        "banking/trust-bank-custody-operating-comparison",
        "banking/trust-bank-fee-structure-comparison",
        "finance/japan-listed-financial-groups-investable-universe",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "securities/japan-asset-manager-landscape-matrix",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/nochu-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
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        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
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        "https://finwiki.zksc.io/banking/master-trust-bank-operating-model",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
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        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14739,
      "word_like_tokens": 2218,
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    {
      "source_path": "banking/post-megabank-positioning.md",
      "url": "https://finwiki.zksc.io/banking/post-megabank-positioning",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/post-megabank-positioning.md",
      "title": "Post-megabank positioning",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Post-megabank positioning describes banks and bank groups that sit below the three Japanese megabanks but above narrow local or fintech niches. They often compete by specializing in retail banking, regional concentration, trust / custody, platform banking, consumer finance, or local corporate relati",
      "headings": [
        "Post-megabank positioning",
        "TL;DR",
        "Positioning Map",
        "Why The Category Matters",
        "Regulatory / Supervisory Context",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/baas-japan-landscape",
        "banking/cooperative-banking-japan",
        "banking/foreign-bank-japan-retreat",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
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      "entity_edges": [],
      "nonspace_chars": 3205,
      "word_like_tokens": 480,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/quick-deposit-four-methods.md",
      "url": "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/quick-deposit-four-methods.md",
      "title": "クイック入金の4方式分解フレーム",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against Regional bank consolidation pattern for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "クイック入金の4方式分解フレーム",
        "Wiki route",
        "核心命題",
        "4方式の比較",
        "方式選択の論点",
        "事業者側の観点",
        "ユーザ側の観点",
        "副産物：Pay-easy 7日送金制限",
        "電子決済等代行業登録の意味",
        "参照系 API と 更新系 API"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/regional-bank-consolidation-pattern",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
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      "word_like_tokens": 474,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "banking/rakuten-bank.md",
      "url": "https://finwiki.zksc.io/banking/rakuten-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/rakuten-bank.md",
      "title": "楽天銀行 (Rakuten Bank)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it against PayPay 銀行 (PayPay Bank) for peer / contrast context and Cooperative banking in Japan for the broader system / regulatory boundary.",
      "headings": [
        "楽天銀行 (Rakuten Bank)",
        "Wiki route",
        "TL;DR",
        "Positioning",
        "Strategic read",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/cooperative-banking-japan",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "payment-firms/gmo-aozora-net",
        "payment-firms/rakuten-fg",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/ssnb"
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      "markdown_links": [],
      "entity_node": null,
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      "last_modified": "2026-06-04"
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    {
      "source_path": "banking/regional-bank-api-digital-partnership-route.md",
      "url": "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/regional-bank-api-digital-partnership-route.md",
      "title": "Regional bank API and digital partnership route in Japan",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Regional-bank digital partnership in Japan is not just \"a bank app.\" It is split into electronic payment agency API contracts, shared API platforms, bank-owned apps, accounting / treasury integrations, BaaS-style bank partnerships, and account-direct payment rails.",
      "headings": [
        "Regional bank API and digital partnership route in Japan",
        "Overview",
        "Route Map",
        "Regional Examples",
        "Control Questions",
        "JapanFG Relevance",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/minna-bank-baas-model",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "payment-firms/freee",
        "payment-firms/money-forward",
        "payments/account-to-account-payment-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-bank-api-incident-and-fraud-control",
        "payments/japan-bank-api-payment-agency-route",
        "payments/merchant-bank-pay-account-direct-acquiring",
        "regional-banks/chiba-bank",
        "regional-banks/chugoku-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/tsukuba-bank",
        "regional-banks/yokohama-bank"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bank-api-incident-and-fraud-control",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/payments/merchant-bank-pay-account-direct-acquiring",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/tsukuba-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
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      "markdown_links": [],
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    {
      "source_path": "banking/regional-bank-consolidation-pattern.md",
      "url": "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/regional-bank-consolidation-pattern.md",
      "title": "Regional bank consolidation pattern",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Regional bank consolidation in Japan is driven by local demographic pressure, narrow net interest margins, branch / system cost, digital investment needs, and the need to maintain basic financial services in shrinking regions. FSA's framing emphasizes customer-problem solving, financial-intermediati",
      "headings": [
        "Regional bank consolidation pattern",
        "TL;DR",
        "Consolidation Forms",
        "Why It Happens",
        "JapanFG Relevance",
        "Decision Use",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/post-megabank-positioning",
        "financial-licenses/INDEX",
        "regional-banks/18-shinwa-bank",
        "regional-banks/akita-bank",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/iwate-bank",
        "regional-banks/joyo-bank",
        "regional-banks/tomony-hd"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
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      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 551,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/rokin-bank-registry-japan.md",
      "url": "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/rokin-bank-registry-japan.md",
      "title": "Japan rokin bank registry",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with Cooperative banking in Japan for adjacent context and Regional bank consolidation pattern for the broader system boundary.",
      "headings": [
        "Japan rokin bank registry",
        "Wiki route",
        "TL;DR",
        "1. Registry snapshot",
        "2. Coverage decision",
        "3. Supervisory-bureau count",
        "4. Prefecture count",
        "5. Prefecture name index",
        "6. Full official registry rows",
        "Related"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/regional-bank-consolidation-pattern",
        "cooperative-banks/rokin-renraku",
        "financial-regulators/missing-financial-institutions-backlog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3643,
      "word_like_tokens": 576,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/shinkin-bank-registry-japan.md",
      "url": "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/shinkin-bank-registry-japan.md",
      "title": "Japan shinkin bank registry",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index. Read it with Cooperative banking in Japan for adjacent context and Regional bank consolidation pattern for the broader system boundary.",
      "headings": [
        "Japan shinkin bank registry",
        "Wiki route",
        "TL;DR",
        "1. Registry snapshot",
        "2. Coverage decision",
        "3. Supervisory-bureau count",
        "4. Prefecture count",
        "5. Prefecture name index",
        "6. Full official registry rows",
        "Related"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/regional-bank-consolidation-pattern",
        "cooperative-banks/shinkin-central",
        "financial-regulators/missing-financial-institutions-backlog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20679,
      "word_like_tokens": 2877,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "banking/sony-bank.md",
      "url": "https://finwiki.zksc.io/banking/sony-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/sony-bank.md",
      "title": "Sony Bank operating profile (ソニー銀行)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "regional-banks/sony-bank",
      "summary": "This entry sits under banking index as the operating-profile companion to the entity anchor at ソニー銀行 (Sony Bank) entity anchor. Read it inside the net-bank-segment map at Japan net bank competition map, with the parent-group context at Sony Financial Group, and against peers Rakuten Bank · PayPay Ba",
      "headings": [
        "Sony Bank operating profile (ソニー銀行)",
        "Wiki route",
        "1. Identity and ownership",
        "Where Sony Bank sits inside the parent",
        "Multi-currency deposit + FX core",
        "Investment-product distribution",
        "Card and payment adjacencies",
        "Where Sony Bank competes",
        "Customer segmentation",
        "4. KPI shape and franchise scale"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/daiwa-next-bank",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/quick-deposit-four-methods",
        "banking/rakuten-bank",
        "financial-licenses/bank-license-and-baas-boundary",
        "fintech/japan-stablecoin-regulatory-landscape",
        "life-insurers/sony-life",
        "megabanks/sony-fg",
        "non-life-insurers/sony-insurance",
        "regional-banks/sony-bank",
        "regional-banks/ssnb",
        "securities-firms/au-kabucom-securities",
        "securities-firms/sbi-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/daiwa-next-bank",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
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        "https://finwiki.zksc.io/banking/post-megabank-positioning",
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        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
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        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/securities-firms/sbi-securities"
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    {
      "source_path": "banking/trust-bank-custody-operating-comparison.md",
      "url": "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/trust-bank-custody-operating-comparison.md",
      "title": "Japan trust bank custody operating comparison",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan custody analysis uses institution types as a primary field. Full-service trust banks, asset-administration specialists, global custodians / ICSD branches, and settlement infrastructures perform different jobs. A \"trust account\" or custodian name in a shareholder table is usually a nominee / ad",
      "headings": [
        "Japan trust bank custody operating comparison",
        "Overview",
        "Institution-Type Comparison",
        "Operating Functions",
        "Master Trust Versus Custody Bank",
        "Full-Service Trust Banks",
        "Public-Filing Interpretation",
        "Source Fields",
        "Related",
        "Sources"
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        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/state-street-japan",
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        "securities/japan-securities-depository-center",
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        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smtb"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
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        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
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        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
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        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb"
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    {
      "source_path": "banking/trust-bank-fee-structure-comparison.md",
      "url": "https://finwiki.zksc.io/banking/trust-bank-fee-structure-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/trust-bank-fee-structure-comparison.md",
      "title": "Trust bank fee structure comparison",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under banking index and complements the operating-model deep dives — read it alongside Master Trust Bank operating model, Custody Bank operating model, Japan master trust and custody bank landscape, the cross-camp matrix Japan trust bank vs global custodian comparison matrix, and the",
      "headings": [
        "Trust bank fee structure comparison",
        "Wiki route",
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        "1. 機関位置",
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        "Pension trust admin fees",
        "Securities investment trust admin fees",
        "Real-estate trust fees (full-service trust banks only)",
        "Cross-bank fee-economy matrix (10 entities)",
        "Pricing-power summary"
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        "banking/pension-trust-mandate-allocation-japan",
        "banking/trust-bank-custody-operating-comparison",
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        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smbc-group",
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        "securities/japan-securities-depository-center",
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        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/nochu-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/custody-bank-operating-model",
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        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
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        "https://finwiki.zksc.io/megabanks/mufg",
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        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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    {
      "source_path": "banking/ui-bank.md",
      "url": "https://finwiki.zksc.io/banking/ui-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/ui-bank.md",
      "title": "UI Bank operating profile (UI銀行 / きらぼし FG 系)",
      "domain": "banking",
      "entry_type": "wiki_entry",
      "canonical_anchor": "regional-banks/ui-bank",
      "summary": "This entry sits under banking index as the operating-profile companion to the entity anchor at UI銀行 entity anchor. Read it within the segment map at Japan net bank competition map, next to the regional-digital-bank peers Minna Bank BaaS model · 01 Bank, with the parent context at 東京きらぼし FG and きらぼし銀",
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        "UI Bank operating profile (UI銀行 / きらぼし FG 系)",
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        "TL;DR",
        "1. Identity and group position",
        "Why a separate license from きらぼし銀行",
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        "Account, deposit, payment",
        "Loans and credit",
        "Smartphone-first UX",
        "Where UI Bank competes"
      ],
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        "banking/japan-baas-operating-models",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "banking/sony-bank",
        "financial-licenses/bank-license-and-baas-boundary",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank",
        "regional-banks/01-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kiraboshi-bank",
        "regional-banks/kiraboshi-fg",
        "regional-banks/ui-bank"
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    {
      "source_path": "business/INDEX.md",
      "url": "https://finwiki.zksc.io/business/INDEX",
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      "title": "Business domain",
      "domain": "business",
      "entry_type": "domain_index",
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      "summary": "This domain holds named strategic case studies — people, founders, regulators, and one operating-company case — where the public record is rich enough to extract a reusable pattern or template. Each entry has a \"what's the template\" framing, not just a profile.",
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        "Business domain",
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        "business/jamie-dimon-anti-crypto-pivot-case\\",
        "business/kitao-yoshitaka-sbi-independent-strategy-case\\",
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        "business/larry-fink-blackrock-digital-asset-template\\",
        "business/matt-huang-triple-role-coi-template",
        "business/matt-huang-triple-role-coi-template\\",
        "business/mizuho-rakuten-finance-stake-accumulation-case",
        "business/mizuho-rakuten-finance-stake-accumulation-case\\",
        "business/paolo-ardoino-tether-business-model-template",
        "business/paolo-ardoino-tether-business-model-template\\",
        "business/sandeep-nailwal-polygon-india-dpi-pattern\\",
        "business/seven-bank-atm-platform-deconsolidation-case",
        "business/seven-bank-atm-platform-deconsolidation-case\\",
        "fintech/INDEX",
        "megabanks/mufg"
      ],
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      "source_path": "business/aeon-financial-service-retail-bank-case.md",
      "url": "https://finwiki.zksc.io/business/aeon-financial-service-retail-bank-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/aeon-financial-service-retail-bank-case.md",
      "title": "Aeon Financial Service retail-bank case — a supermarket group's full financial holding: Aeon Bank + Aeon credit card + pan-Asia consumer finance",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case: a retail (supermarket) conglomerate that built a full financial holding rather than a single utility rail. Read it against Seven Bank ATM-platform + deconsolidation case — the cleanest contrast, since Seven & i monetised store",
      "headings": [
        "Aeon Financial Service retail-bank case — a supermarket group's full financial holding: Aeon Bank + Aeon credit card + pan-Asia consumer finance",
        "Wiki route",
        "TL;DR",
        "1. The Full-Stack Retail-Finance Model",
        "2. Why A Supermarket Group Built A Whole Bank",
        "3. The Pan-Asia Consumer-Finance Footprint",
        "4. Contrast — Two Retailer Paths To Finance",
        "5. Comparison — Card / Consumer-Finance Peers",
        "6. Strategic Rationale",
        "7. Counterpoints"
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        "business/seven-bank-atm-platform-deconsolidation-case",
        "business/toyota-financial-services-captive-finance-case",
        "card-issuers/aeon-bank",
        "card-issuers/aeon-financial-service",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "finance/cross-border-m-a-japan",
        "payments/japan-consumer-credit-operator-comparison-matrix",
        "payments/waon-prepaid-aeon",
        "retail/aeon-group",
        "retail/store-traffic-as-financial-distribution"
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        "https://finwiki.zksc.io/business/toyota-financial-services-captive-finance-case",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
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        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/payments/japan-consumer-credit-operator-comparison-matrix",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon",
        "https://finwiki.zksc.io/retail/aeon-group",
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    {
      "source_path": "business/brian-armstrong-coinbase-public-company-template.md",
      "url": "https://finwiki.zksc.io/business/brian-armstrong-coinbase-public-company-template",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/brian-armstrong-coinbase-public-company-template.md",
      "title": "Brian Armstrong / Coinbase listed-exchange operating template · direct-listing IPO + regulatory-engagement strategy",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX. Read it with Jamie Dimon anti-crypto pivot case as the bank-side contrast template and Larry Fink BlackRock digital-asset template as the asset-manager-side parallel. Cross-reference exchanges INDEX for the broader exchange-architecture context and CFTC / SEC cr",
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        "Wiki route",
        "Key facts (public sources only)",
        "Part 1 · Public-company structure from day one of listing",
        "Part 2 · Regulatory engagement as strategy, not defence",
        "Part 3 · Product scope as a regulatory perimeter problem",
        "Part 4 · Listed-exchange financial structure",
        "Listed-exchange operating mechanics",
        "Founder-CEO conviction layer",
        "Strategic reading"
      ],
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        "business/INDEX",
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        "business/matt-huang-triple-role-coi-template",
        "business/paolo-ardoino-tether-business-model-template",
        "business/sandeep-nailwal-polygon-india-dpi-pattern",
        "exchanges/INDEX",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/cftc-sec-crypto-jurisdiction"
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        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/business/sandeep-nailwal-polygon-india-dpi-pattern",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction"
      ],
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    {
      "source_path": "business/christine-moy-talent-signal-jpm-apollo.md",
      "url": "https://finwiki.zksc.io/business/christine-moy-talent-signal-jpm-apollo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/christine-moy-talent-signal-jpm-apollo.md",
      "title": "主要人材の機関横断的な流動を産業予測シグナルとして読む · JPM Onyx → Apollo",
      "domain": "business",
      "entry_type": "wiki_entry",
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      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against larry fink blackrock digital asset template for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "主要人材の機関横断的な流動を産業予測シグナルとして読む · JPM Onyx → Apollo",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "business/INDEX",
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        "fintech/apollo-acred-private-credit-tokenization"
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        "https://finwiki.zksc.io/INDEX",
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        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization"
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    {
      "source_path": "business/cz-binance-founder-handoff-case.md",
      "url": "https://finwiki.zksc.io/business/cz-binance-founder-handoff-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/cz-binance-founder-handoff-case.md",
      "title": "Changpeng Zhao (CZ) Binance founder-handoff case — DOJ $4.3bn settlement + step-down + Richard Teng CEO appointment + retained ownership",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public people-case study (note: Binance is privately held, but the founder transition is a public-record case). Read it against Brian Armstrong Coinbase exchange-as-public-company template for the contrasting US-listed-incumbent path, Jamie Dimon anti-crypto",
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        "Changpeng Zhao (CZ) Binance founder-handoff case — DOJ $4.3bn settlement + step-down + Richard Teng CEO appointment + retained ownership",
        "Wiki route",
        "TL;DR",
        "1. Pre-Settlement Position",
        "2. The November 2023 Settlement Architecture",
        "3. The Founder-Handoff Mechanism",
        "4. Richard Teng — Regulator-To-CEO Credential",
        "5. Post-Handoff Trajectory (2024-2025)",
        "6. Comparison With Other Founder-Crisis Templates",
        "7. The Retained-Ownership Insight"
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        "business/brian-armstrong-coinbase-public-company-template",
        "business/christine-moy-talent-signal-jpm-apollo",
        "business/founder-pivot-outcome-template-matrix",
        "business/hester-peirce-sec-regulatory-pivot-case",
        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/paolo-ardoino-tether-business-model-template",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "megabanks/sbi-hd",
        "payment-firms/bitflyer",
        "payment-firms/bittrade",
        "payment-firms/gmo-coin"
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        "https://finwiki.zksc.io/business/christine-moy-talent-signal-jpm-apollo",
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        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/founder-pivot-outcome-template-matrix.md",
      "title": "Founder / executive pivot outcome template matrix",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Across the 2018-2026 crypto-and-traditional-finance interface, a small cohort of founder-CEOs, executives, regulators, and operators have executed visible pivots — material public shifts in stated strategy, role, jurisdiction, or product perimeter. The pivots are not interchangeable. Each has a dist",
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        "Wiki route",
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        "Per-entity sections",
        "Jamie Dimon — anti-crypto CEO to defensive on-chain adoption (JPM Kinexys / JPMD on Base)",
        "Christine Moy — JPM Onyx to Apollo (talent flow as pivot signal)",
        "Larry Fink — passive-ETF asset manager to tokenisation-and-political-influence triangle",
        "Changpeng Zhao (CZ) — founder to conviction-stage to public handoff",
        "Brian Armstrong — operator-CEO to political-and-regulatory-engagement voice"
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        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/kitao-yoshitaka-sbi-independent-strategy-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "business/matt-huang-triple-role-coi-template",
        "business/paolo-ardoino-tether-business-model-template",
        "business/sandeep-nailwal-polygon-india-dpi-pattern",
        "exchanges/INDEX",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cftc-sec-crypto-jurisdiction",
        "payment-firms/progmat"
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        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
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        "https://finwiki.zksc.io/business/sandeep-nailwal-polygon-india-dpi-pattern",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
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        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
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      "source_path": "business/gmo-internet-group.md",
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      "title": "GMO Internet Group",
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      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX. Read it against 三身分COIテンプレート · VC GP + 大口顧客Board + 被投資先CEOの三角構造が複製不能となる理由 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
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        "TL;DR",
        "Group Map",
        "Why GMO Matters In JapanFG",
        "Finance / License Stack",
        "Strategic Pattern",
        "Competitive Context",
        "Related",
        "Sources"
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        "banking/baas-japan-landscape",
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        "exchanges/fsa-vasp-registration-system",
        "financial-licenses/INDEX",
        "fintech/INDEX",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
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        "payment-firms/gmo-coin",
        "payment-firms/gmo-payment-gateway",
        "payments/cashless-jp-landscape",
        "securities/INDEX",
        "security/bytecode-forensic-three-tier-verify"
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        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
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        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify"
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      "url": "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/hester-peirce-sec-regulatory-pivot-case.md",
      "title": "規制転換のキーパーソン事例 · 個人イデオロギー + 制度的授権(Hester Peirce)",
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      "entry_type": "wiki_entry",
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      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against 三身分COIテンプレート · VC GP + 大口顧客Board + 被投資先CEOの三角構造が複製不能となる理由 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
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        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
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        "business/paolo-ardoino-tether-business-model-template",
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        "fintech/genius-act-501-denylist-mandate"
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        "https://finwiki.zksc.io/business/INDEX",
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        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate"
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    {
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/jamie-dimon-anti-crypto-pivot-case.md",
      "title": "Jamie Dimon と JPMorgan の暗号資産スタンス・事業変遷 · JPM Coin / Kinexys / JPMD on Base",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against 三身分COIテンプレート for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Jamie Dimon と JPMorgan の暗号資産スタンス・事業変遷 · JPM Coin / Kinexys / JPMD on Base",
        "Wiki route",
        "Key facts",
        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
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        "business/christine-moy-talent-signal-jpm-apollo",
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        "business/larry-fink-blackrock-digital-asset-template",
        "business/matt-huang-triple-role-coi-template",
        "fintech/INDEX"
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        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
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        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/fintech/INDEX"
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      "source_path": "business/japan-listed-corp-strategic-restructuring-matrix.md",
      "url": "https://finwiki.zksc.io/business/japan-listed-corp-strategic-restructuring-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/japan-listed-corp-strategic-restructuring-matrix.md",
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      "canonical_anchor": "",
      "summary": "Between 2018 and 2026 the Japan listed-corp restructuring shelf has been unusually busy. Eight headline cases — Sony Group's SFG partial spinoff, SoftBank Group's Arm IPO, Toshiba's JIP-led going-private, Rakuten Group's mobile-finance cross-subsidy reorganisation, Hitachi Astemo carve-out, Sharp's",
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        "TL;DR",
        "Wiki route",
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        "Master comparison matrix",
        "Vehicle taxonomy reading",
        "Tax regime axis",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against Brian Armstrong Coinbase exchange-as-public-company template for the crypto-native parallel, GMO Internet Group for an internet-infrastructure-to-finance parallel, and securities INDEX / Japan market infrastruct",
      "headings": [
        "Japan Exchange Group (JPX 8697) — listed exchange operator as market infrastructure",
        "Wiki route",
        "TL;DR",
        "1. Group Structure",
        "2. The 2013 TSE-OSE Merger — Strategic Rationale",
        "3. Business Mix",
        "4. Comparison With Global Listed Exchange Operators",
        "5. The Regulator-Utility-Public-Company Tension",
        "6. Read-Across To Crypto-Native Exchanges",
        "7. Strategic Pattern"
      ],
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        "INDEX",
        "business/INDEX",
        "business/brian-armstrong-coinbase-public-company-template",
        "business/cz-binance-founder-handoff-case",
        "business/gmo-internet-group",
        "exchanges/INDEX",
        "securities/INDEX",
        "securities/japan-ipo-listing-disclosure-route",
        "securities/japan-market-infrastructure-map",
        "securities/japan-pts-liquidity-data-guide",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/odx-start-stb-secondary-market",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/brian-armstrong-coinbase-public-company-template",
        "https://finwiki.zksc.io/business/cz-binance-founder-handoff-case",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-pts-liquidity-data-guide",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/odx-start-stb-secondary-market",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10733,
      "word_like_tokens": 1652,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "business/kddi-au-financial-bundling-case.md",
      "url": "https://finwiki.zksc.io/business/kddi-au-financial-bundling-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/kddi-au-financial-bundling-case.md",
      "title": "KDDI au financial bundling case — au-FH consolidates bank + payments, hands securities to MUFG in 2024 reciprocal swap",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against NTT Docomo d-Point telco-finance case for the contrasting partner-led model (Docomo leases SMBC's balance sheet rather than owning the bank) and Rakuten Group mobile-finance bundling case for the build-everythin",
      "headings": [
        "KDDI au financial bundling case — au-FH consolidates bank + payments, hands securities to MUFG in 2024 reciprocal swap",
        "Wiki route",
        "TL;DR",
        "1. au-FH Group Architecture",
        "2. The 2024 Reciprocal MUFG Swap",
        "3. Telco-Finance Division-of-Labour Pattern",
        "4. Comparison Matrix — Telco-Finance Models In Japan",
        "5. Strategic Rationale",
        "6. Read-Across To Other Telco-Finance Stacks",
        "7. Counterpoints"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/gmo-internet-group",
        "business/ntt-docomo-d-point-telco-finance-case",
        "business/rakuten-group-mobile-finance-bundling-case",
        "business/softbank-paypay-financial-integration-case",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "megabanks/au-fh",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "non-life-insurers/au-insurance",
        "payment-firms/au-payment",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "regional-banks/au-jibun-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
        "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
        "https://finwiki.zksc.io/business/softbank-paypay-financial-integration-case",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/regional-banks/au-jibun-bank"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "business/kitao-yoshitaka-sbi-independent-strategy-case.md",
      "url": "https://finwiki.zksc.io/business/kitao-yoshitaka-sbi-independent-strategy-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/kitao-yoshitaka-sbi-independent-strategy-case.md",
      "title": "独立路線事例 · 産業連合への不参加 + クロスボーダー・コンプライアンス価値への賭け(北尾吉孝 / SBI)",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against 三身分COIテンプレート · VC GP + 大口顧客Board + 被投資先CEOの三角構造が複製不能となる理由 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "独立路線事例 · 産業連合への不参加 + クロスボーダー・コンプライアンス価値への賭け(北尾吉孝 / SBI)",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "business/matt-huang-triple-role-coi-template",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "megabanks/sbi-hd",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3517,
      "word_like_tokens": 576,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "business/larry-fink-blackrock-digital-asset-template.md",
      "url": "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/larry-fink-blackrock-digital-asset-template.md",
      "title": "資産運用大手の暗号資産コンプライアンス三角形テンプレート · ETF + RWAトークン化 + 政治的影響力",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against 主要人材の機関横断的な流動を産業予測シグナルとして読む · JPM Onyx → Apollo 事例 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "資産運用大手の暗号資産コンプライアンス三角形テンプレート · ETF + RWAトークン化 + 政治的影響力",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/christine-moy-talent-signal-jpm-apollo",
        "business/hester-peirce-sec-regulatory-pivot-case",
        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/matt-huang-triple-role-coi-template",
        "business/paolo-ardoino-tether-business-model-template",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/christine-moy-talent-signal-jpm-apollo",
        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3681,
      "word_like_tokens": 572,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "business/matt-huang-triple-role-coi-template.md",
      "url": "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/matt-huang-triple-role-coi-template.md",
      "title": "三身分COIテンプレート · VC GP + 大口顧客Board + 被投資先CEO 三角構造",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against jamie dimon anti crypto pivot case for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "三身分COIテンプレート · VC GP + 大口顧客Board + 被投資先CEO 三角構造",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/christine-moy-talent-signal-jpm-apollo",
        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "fintech/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/christine-moy-talent-signal-jpm-apollo",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/fintech/INDEX"
      ],
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "business/mizuho-rakuten-finance-stake-accumulation-case.md",
      "url": "https://finwiki.zksc.io/business/mizuho-rakuten-finance-stake-accumulation-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/mizuho-rakuten-finance-stake-accumulation-case.md",
      "title": "Mizuho × Rakuten finance stake-accumulation case — megabank serially buys into a cash-pressed conglomerate's finance subsidiaries (Securities 49% + Card 14.99% + Bank ~10%)",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case, read from the megabank side of the Rakuten story. The companion entry Rakuten Group mobile-finance bundling case covers the same transactions from Rakuten's recapitalization angle; read both together. Contrast with Kitao Yoshit",
      "headings": [
        "Mizuho × Rakuten finance stake-accumulation case — megabank serially buys into a cash-pressed conglomerate's finance subsidiaries (Securities 49% + Card 14.99% + Bank ~10%)",
        "Wiki route",
        "TL;DR",
        "1. Why A Megabank Buys Minority Stakes Instead Of Whole Companies",
        "2. The Three Subsidiary Stakes In Detail",
        "Rakuten Securities (to 49%)",
        "Rakuten Card (14.99%)",
        "Rakuten Bank (~10% voting, reported)",
        "3. The Seller's Logic (Cross-Reference)",
        "4. Comparison — How Japanese Megabanks Take Retail-Finance Exposure"
      ],
      "wikilinks": [
        "INDEX",
        "banking/rakuten-bank",
        "business/INDEX",
        "business/kddi-au-financial-bundling-case",
        "business/kitao-yoshitaka-sbi-independent-strategy-case",
        "business/ntt-docomo-d-point-telco-finance-case",
        "business/rakuten-group-mobile-finance-bundling-case",
        "business/sony-fg-partial-spinoff-case",
        "card-issuers/rakuten-card",
        "finance/japan-cross-shareholding-unwinding-economics",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "payment-firms/rakuten-fg",
        "securities-firms/mizuho-securities",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities/japan-online-brokerage-competition",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/kddi-au-financial-bundling-case",
        "https://finwiki.zksc.io/business/kitao-yoshitaka-sbi-independent-strategy-case",
        "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
        "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/finance/japan-cross-shareholding-unwinding-economics",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "business/ntt-docomo-d-point-telco-finance-case.md",
      "url": "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/ntt-docomo-d-point-telco-finance-case.md",
      "title": "NTT Docomo + d-Point + d-Barai + d-Card case — telco-as-finance-distribution-channel model with SMBC tie-up",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against Rakuten Group mobile-finance bundling case for the inverse-direction cross-subsidy pattern (finance subsidizes mobile vs telco subsidizes finance), GMO Internet Group for an internet-to-finance conglomerate cont",
      "headings": [
        "NTT Docomo + d-Point + d-Barai + d-Card case — telco-as-finance-distribution-channel model with SMBC tie-up",
        "Wiki route",
        "TL;DR",
        "1. Pre-Tie-Up Docomo Finance Stack",
        "2. The 2024 SMBC Strategic Tie-Up",
        "3. Telco-To-Finance Distribution Pattern",
        "4. Comparison Matrix — Telco-Finance Models In Japan",
        "5. Post-Tie-Up Strategic Implications",
        "6. Comparison With Rakuten Direction",
        "7. Counterpoints"
      ],
      "wikilinks": [
        "INDEX",
        "banking/rakuten-bank",
        "business/INDEX",
        "business/gmo-internet-group",
        "business/kitao-yoshitaka-sbi-independent-strategy-case",
        "business/rakuten-group-mobile-finance-bundling-case",
        "business/sony-fg-partial-spinoff-case",
        "card-issuers/paypay-card",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "fintech/ai-payment-two-tracks",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "securities-firms/rakuten-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/business/kitao-yoshitaka-sbi-independent-strategy-case",
        "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-15"
    },
    {
      "source_path": "business/paolo-ardoino-tether-business-model-template.md",
      "url": "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/paolo-ardoino-tether-business-model-template.md",
      "title": "40人体制 + 短期米国債キャリーのビジネスモデル・テンプレート · Tether / Paolo Ardoino",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against larry fink blackrock digital asset template for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "40人体制 + 短期米国債キャリーのビジネスモデル・テンプレート · Tether / Paolo Ardoino",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/larry-fink-blackrock-digital-asset-template",
        "business/matt-huang-triple-role-coi-template",
        "business/sandeep-nailwal-polygon-india-dpi-pattern",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/em-market-crypto-dollarization-pattern"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/business/sandeep-nailwal-polygon-india-dpi-pattern",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "business/rakuten-group-mobile-finance-bundling-case.md",
      "url": "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/rakuten-group-mobile-finance-bundling-case.md",
      "title": "Rakuten Group mobile-finance bundling case — telco cash burn cross-subsidized by card / bank / securities profits",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against NTT Docomo d-Point telco-finance case for the contrast pattern where telco subsidizes finance instead of the reverse, GMO Internet Group for the internet-to-finance conglomerate parallel, and Kitao Yoshitaka SBI",
      "headings": [
        "Rakuten Group mobile-finance bundling case — telco cash burn cross-subsidized by card / bank / securities profits",
        "Wiki route",
        "TL;DR",
        "1. Group Architecture",
        "2. Mobile Cash Burn — The Cross-Subsidy Constraint",
        "3. Finance Profit Engine",
        "4. 2023-2025 Recapitalization Moves",
        "5. Comparative Cross-Subsidy Patterns",
        "6. Why The Cross-Subsidy Persists",
        "7. Risks To The Cross-Subsidy Model"
      ],
      "wikilinks": [
        "INDEX",
        "banking/rakuten-bank",
        "business/INDEX",
        "business/gmo-internet-group",
        "business/kitao-yoshitaka-sbi-independent-strategy-case",
        "business/ntt-docomo-d-point-telco-finance-case",
        "business/softbank-vision-fund-arm-ipo-template",
        "business/sony-fg-partial-spinoff-case",
        "card-issuers/rakuten-card",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "corporate-strategy/spinoff-decision-tree-japan",
        "exchanges/fsa-vasp-registration-system",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "securities-firms/rakuten-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/business/kitao-yoshitaka-sbi-independent-strategy-case",
        "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
        "https://finwiki.zksc.io/business/softbank-vision-fund-arm-ipo-template",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities"
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    {
      "source_path": "business/sandeep-nailwal-polygon-india-dpi-pattern.md",
      "url": "https://finwiki.zksc.io/business/sandeep-nailwal-polygon-india-dpi-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/sandeep-nailwal-polygon-india-dpi-pattern.md",
      "title": "国家連合勝者パターン · 反ドルDPI連合と新興市場リンクの供給",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company-strategic-case anchor. Read it against 40人体制 + 短期米国債キャリーのビジネスモデル・テンプレート · Tether / Paolo Ardoino for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "国家連合勝者パターン · 反ドルDPI連合と新興市場リンクの供給",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/larry-fink-blackrock-digital-asset-template",
        "business/matt-huang-triple-role-coi-template",
        "business/paolo-ardoino-tether-business-model-template",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/india-anti-dollar-dpi-alliance"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/matt-huang-triple-role-coi-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance"
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    },
    {
      "source_path": "business/seven-bank-atm-platform-deconsolidation-case.md",
      "url": "https://finwiki.zksc.io/business/seven-bank-atm-platform-deconsolidation-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/seven-bank-atm-platform-deconsolidation-case.md",
      "title": "Seven Bank ATM-platform + deconsolidation case — retailer-owned bank funded by interbank ATM fees, cut below 40% in Seven & i's 2025 portfolio reshape",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case combining an unusual business model (an ATM-fee bank) with a 2025 deconsolidation event. Read the business-model half against Toyota Financial Services captive-finance case — both are non-deposit-led finance models, but a captiv",
      "headings": [
        "Seven Bank ATM-platform + deconsolidation case — retailer-owned bank funded by interbank ATM fees, cut below 40% in Seven & i's 2025 portfolio reshape",
        "Wiki route",
        "TL;DR",
        "1. The ATM-Platform Business Model",
        "2. Why A Retailer Built An ATM Bank",
        "3. The 2025 Deconsolidation Event",
        "4. Two Ways To Separate A Finance Arm (Contrast)",
        "5. Comparison — Retail-Embedded Finance Models In Japan",
        "6. Strategic Rationale",
        "7. Counterpoints"
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      "wikilinks": [
        "INDEX",
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        "business/INDEX",
        "business/aeon-financial-service-retail-bank-case",
        "business/rakuten-group-mobile-finance-bundling-case",
        "business/sony-fg-partial-spinoff-case",
        "business/toyota-financial-services-captive-finance-case",
        "card-issuers/seven-card-service",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "payment-firms/seven-payment-service",
        "payments/cashless-jp-landscape",
        "payments/nanaco-prepaid-seven-i",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/familymart-itochu-financial-integration",
        "retail/lawson-kddi-retail-finance",
        "retail/seven-and-i-hd",
        "retail/seven-i-holdings-finance-deep-dive",
        "retail/store-traffic-as-financial-distribution"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/aeon-financial-service-retail-bank-case",
        "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/business/toyota-financial-services-captive-finance-case",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/familymart-itochu-financial-integration",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/seven-and-i-hd",
        "https://finwiki.zksc.io/retail/seven-i-holdings-finance-deep-dive",
        "https://finwiki.zksc.io/retail/store-traffic-as-financial-distribution"
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    {
      "source_path": "business/softbank-paypay-financial-integration-case.md",
      "url": "https://finwiki.zksc.io/business/softbank-paypay-financial-integration-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/softbank-paypay-financial-integration-case.md",
      "title": "SoftBank / PayPay financial integration case — super-app folds card / bank / securities under PayPay, then files for a US listing",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against KDDI au financial bundling case for the contrasting \"own the bank, hand securities to the megabank\" division of labour, NTT Docomo d-Point telco-finance case for the partner-led-bank model, and Rakuten Group mob",
      "headings": [
        "SoftBank / PayPay financial integration case — super-app folds card / bank / securities under PayPay, then files for a US listing",
        "Wiki route",
        "TL;DR",
        "1. PayPay Finance Stack",
        "2. The Consolidation Timeline",
        "3. Super-App Consolidation Pattern",
        "4. Comparison Matrix — Telco / Super-App Finance Models In Japan",
        "5. Strategic Rationale",
        "6. Read-Across To Other Super-App Strategies",
        "7. Counterpoints"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/gmo-internet-group",
        "business/kddi-au-financial-bundling-case",
        "business/ntt-docomo-d-point-telco-finance-case",
        "business/rakuten-group-mobile-finance-bundling-case",
        "card-issuers/paypay-card",
        "fintech/ai-payment-two-tracks",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "regional-banks/au-jibun-bank",
        "securities-firms/paypay-securities"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/business/kddi-au-financial-bundling-case",
        "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
        "https://finwiki.zksc.io/business/rakuten-group-mobile-finance-bundling-case",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/regional-banks/au-jibun-bank",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
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    {
      "source_path": "business/softbank-vision-fund-arm-ipo-template.md",
      "url": "https://finwiki.zksc.io/business/softbank-vision-fund-arm-ipo-template",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/softbank-vision-fund-arm-ipo-template.md",
      "title": "SoftBank Vision Fund + Arm IPO template — fund-structured stake monetization via portfolio listing",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case in the people-and-portfolio cluster. Read it against Brian Armstrong Coinbase exchange-as-public-company template for peer / contrast context on portfolio company going public, Kitao Yoshitaka SBI independent strategy for the co",
      "headings": [
        "SoftBank Vision Fund + Arm IPO template — fund-structured stake monetization via portfolio listing",
        "Wiki route",
        "TL;DR",
        "1. Vision Fund Structure & Arm's Path Through It",
        "2. Transaction Architecture (September 2023)",
        "3. Why The IPO Mattered More As Marker Than Cash Raise",
        "4. Post-IPO SBG Strategy",
        "5. Comparison: Arm IPO vs Other Vision Fund Exits",
        "6. Read-Across To Japan Conglomerate Carve-Outs",
        "7. Counterpoints"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "business/brian-armstrong-coinbase-public-company-template",
        "business/founder-pivot-outcome-template-matrix",
        "business/gmo-internet-group",
        "business/kitao-yoshitaka-sbi-independent-strategy-case",
        "business/sony-fg-partial-spinoff-case",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "finance/INDEX",
        "finance/japan-leveraged-buyout-economics",
        "finance/japan-listed-financial-groups-investable-universe",
        "finance/japan-tender-offer-process",
        "megabanks/sbi-hd"
      ],
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        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/brian-armstrong-coinbase-public-company-template",
        "https://finwiki.zksc.io/business/founder-pivot-outcome-template-matrix",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/business/kitao-yoshitaka-sbi-independent-strategy-case",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/megabanks/sbi-hd"
      ],
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    {
      "source_path": "business/sony-fg-partial-spinoff-case.md",
      "url": "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/sony-fg-partial-spinoff-case.md",
      "title": "Sony Financial Group partial spinoff case — 株式分配方式 + 親会社 20% 未満残存 + 課税繰延",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case. Read it against SoftBank/Arm IPO template and JPX listed exchange case as peer Japan large-cap public-company restructurings, partial spinoff tax deferral for the tax-regime mechanics, Sony FG for the entity profile, and 会社分割 t",
      "headings": [
        "Sony Financial Group partial spinoff case — 株式分配方式 + 親会社 20% 未満残存 + 課税繰延",
        "Wiki route",
        "TL;DR",
        "1. Transaction Architecture",
        "2. Why Sony Chose Partial Spinoff Over Alternatives",
        "3. Timeline",
        "4. Strategic Rationale",
        "5. Tax & Regulatory Compliance",
        "6. Read-Across To Other Japan Conglomerates",
        "7. Counterpoints"
      ],
      "wikilinks": [
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        "business/INDEX",
        "business/jpx-public-company-as-market-infrastructure",
        "business/softbank-vision-fund-arm-ipo-template",
        "business/toshiba-tob-squeeze-out-2023-2024-case",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "corporate-strategy/spinoff-decision-tree-japan",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/japan-tender-offer-process",
        "life-insurers/sony-life",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "non-life-insurers/sony-insurance",
        "regional-banks/sony-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/jpx-public-company-as-market-infrastructure",
        "https://finwiki.zksc.io/business/softbank-vision-fund-arm-ipo-template",
        "https://finwiki.zksc.io/corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/regional-banks/sony-bank"
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    {
      "source_path": "business/toyota-financial-services-captive-finance-case.md",
      "url": "https://finwiki.zksc.io/business/toyota-financial-services-captive-finance-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/business/toyota-financial-services-captive-finance-case.md",
      "title": "Toyota Financial Services captive-finance case — automaker-owned bank for the dealer channel, funded by auto-loan ABS",
      "domain": "business",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under business INDEX as a public-company strategic case (captive-finance subsidiary of a listed automaker). Read it against the dedicated Toyota Financial Services entity profile and its peers Honda Finance and Panasonic captive finance for the broader captive-finance pattern, and ag",
      "headings": [
        "Toyota Financial Services captive-finance case — automaker-owned bank for the dealer channel, funded by auto-loan ABS",
        "Wiki route",
        "TL;DR",
        "1. What A Captive Finance Company Does",
        "2. Why Automakers Run Their Own Bank",
        "3. How TFS Funds Itself — ABS, Not Deposits",
        "4. Scale And Market Position",
        "5. Comparison — Captive Finance vs Telco / Super-App Finance",
        "6. Read-Across To Other Captive Finance Arms",
        "7. Counterpoints"
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      "wikilinks": [
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        "business/INDEX",
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        "business/ntt-docomo-d-point-telco-finance-case",
        "business/softbank-paypay-financial-integration-case",
        "business/sony-fg-partial-spinoff-case",
        "card-issuers/toyota-finance",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/vendor-finance-mechanism",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda"
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      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/business/ntt-docomo-d-point-telco-finance-case",
        "https://finwiki.zksc.io/business/softbank-paypay-financial-integration-case",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10758,
      "word_like_tokens": 1728,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "card-issuers/INDEX.md",
      "url": "https://finwiki.zksc.io/card-issuers/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/INDEX.md",
      "title": "card-issuers — Japanese credit-card / charge-card issuer index",
      "domain": "card-issuers",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "card-issuers/ covers Japanese credit-card and charge-card issuers, installment-credit (信販) companies, card acquirers, and affinity-card operators — the operating companies that issue cards, run shopping-credit / installment lanes, and contract merchants under the Installment Sales Act (割賦販売法). This",
      "headings": [
        "card-issuers — Japanese credit-card / charge-card issuer index",
        "Scope",
        "Disambiguation",
        "Start here",
        "Bank- and financial-group-affiliated issuers",
        "Independent installment-credit (信販) issuers",
        "Retail- and ecosystem-affinity issuers",
        "Transit / airline affinity issuers",
        "Manufacturer captive / auto finance",
        "Adjacent corporate-finance anchor"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/aeon-financial-service",
        "card-issuers/aeon-financial-service-detail",
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/epos-card",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/jal-card",
        "card-issuers/jcb",
        "card-issuers/jr-east-financial",
        "card-issuers/life-card",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/paypay-card",
        "card-issuers/pocket-card",
        "card-issuers/rakuten-card",
        "card-issuers/seven-card-service",
        "card-issuers/shizugin-card",
        "card-issuers/smbc-card",
        "card-issuers/toyota-finance",
        "card-issuers/ucs-card",
        "card-issuers/view-card",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "loyalty/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/paidy",
        "payments/INDEX",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service-detail",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jal-card",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/shizugin-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/card-issuers/view-card",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6980,
      "word_like_tokens": 1104,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "card-issuers/aeon-bank.md",
      "url": "https://finwiki.zksc.io/card-issuers/aeon-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/aeon-bank.md",
      "title": "イオン銀行 / イオンフィナンシャルサービス (Aeon Bank / AFS)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against セブン銀行 (Seven Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "イオン銀行 / イオンフィナンシャルサービス (Aeon Bank / AFS)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "イオンフィナンシャルサービス（AFS）— 中間持株会社",
        "グループ構造（概要）",
        "重要子会社・関連",
        "2. 事業セグメント・マップ",
        "3. 沿革",
        "流通系銀行モデル（差別化軸）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/jcb",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "payment-firms/rakuten-fg",
        "regional-banks/lawson-bank",
        "regional-banks/seven-bank",
        "retail/aeon-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/aeon-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5479,
      "word_like_tokens": 886,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "card-issuers/aeon-financial-service-detail.md",
      "url": "https://finwiki.zksc.io/card-issuers/aeon-financial-service-detail",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/aeon-financial-service-detail.md",
      "title": "電通グループ金融子会社 (Dentsu Group Financial Arm)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX as the operating-company anchor for 株式会社電通グループ（東証 PRIME 4324、世界 5 大広告会社の一角）の 金融機能子会社群 — specifically, 電通ベンチャーズ（CVC = Corporate Venture Capital）+ 電通キャピタル（M&A / 戦略投資）+ 広告主向け請求・決済機能 + 国際拠点ファイナンス機能. Read it against 博報堂 DY HD や WPP Japan for media-industry peer co",
      "headings": [
        "電通グループ金融子会社 (Dentsu Group Financial Arm)",
        "Wiki route",
        "TL;DR",
        "1. 親会社・グループ構造",
        "グループ金融機能の所在",
        "2.1 電通ベンチャーズ（Dentsu Ventures）",
        "2.2 電通キャピタル（電通グループの戦略投資 / M&A 機能）",
        "2.3 広告主向け請求・決済機能",
        "2.4 国際拠点ファイナンス管理",
        "3.1 CVC モデル（電通ベンチャーズ）"
      ],
      "wikilinks": [
        "JapanFG/nissan-finance",
        "JapanFG/sony-finance",
        "asset-managers/cvc-japan-landscape",
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/toyota-finance",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6018,
      "word_like_tokens": 1031,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "card-issuers/aeon-financial-service.md",
      "url": "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/aeon-financial-service.md",
      "title": "イオンフィナンシャルサービス (AEON Financial Service)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX (its domain route). Read it against セブン・カードサービス and エポスカード for retail-origin peer / contrast, and against the FSA plus payments for the supervisory / system boundary. The governing acquiring statute is 割賦販売法 2020 改正.",
      "headings": [
        "イオンフィナンシャルサービス (AEON Financial Service)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/epos-card",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/pocket-card",
        "card-issuers/seven-card-service",
        "card-issuers/ucs-card",
        "financial-regulators/fsa",
        "payments/INDEX",
        "retail/aeon-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3178,
      "word_like_tokens": 475,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/aplus.md",
      "url": "https://finwiki.zksc.io/card-issuers/aplus",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/aplus.md",
      "title": "アプラス (APLUS)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it with banking index for adjacent context and securities index for the broader system boundary.",
      "headings": [
        "アプラス (APLUS)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "megabanks/sbi-hd",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-payment-scheme-economics-matrix",
        "regional-banks/sbi-shinsei-bank",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2248,
      "word_like_tokens": 351,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "card-issuers/credit-saison.md",
      "url": "https://finwiki.zksc.io/card-issuers/credit-saison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/credit-saison.md",
      "title": "クレディセゾン (Credit Saison)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社ジャックス (Jaccs) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "クレディセゾン (Credit Saison)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "関連・親会社の系譜",
        "主要子会社・グループ会社（公開情報ベース）",
        "2. 事業セグメント・マップ",
        "主要カードブランド",
        "永久不滅ポイント エコシステム",
        "米 American Express 提携プレミアム"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4288,
      "word_like_tokens": 682,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/epos-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/epos-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/epos-card.md",
      "title": "エポスカード (EPOS Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX (its domain route). Read it against ポケットカード and イオンフィナンシャルサービス for retail-origin peer / contrast, and against the FSA plus payments for the supervisory / system boundary. The governing acquiring statute is 割賦販売法 2020 改正.",
      "headings": [
        "エポスカード (EPOS Card)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/mufg-nicos",
        "card-issuers/pocket-card",
        "financial-regulators/fsa",
        "payments/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payments/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2666,
      "word_like_tokens": 394,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "card-issuers/installment-sales-act-2020-amendment.md",
      "url": "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/installment-sales-act-2020-amendment.md",
      "title": "割賦販売法 2020 改正",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2020年改正割賦販売法（令和2年法律第64号）は、クレジットカード / 後払い / BNPL のデジタル化に合わせて、(1) 認定包括信用購入あっせん業者、(2) 登録少額包括信用購入あっせん業者、(3) 決済代行・アクワイアリング側のカード番号管理、(4) 書面交付の電子化、(5) 業務停止命令を整備した改正。",
      "headings": [
        "割賦販売法 2020 改正",
        "TL;DR",
        "Regime Map",
        "2020 Amendment",
        "1. 認定包括信用購入あっせん業者",
        "2. 登録少額包括信用購入あっせん業者",
        "3. カード番号等の管理主体拡大",
        "4. 電子化",
        "5. 行政処分",
        "JapanFG Relevance"
      ],
      "wikilinks": [
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "financial-licenses/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/paidy"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/paidy"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4858,
      "word_like_tokens": 658,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "card-issuers/jaccs.md",
      "url": "https://finwiki.zksc.io/card-issuers/jaccs",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/jaccs.md",
      "title": "株式会社ジャックス (Jaccs)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社オリエントコーポレーション (Orico) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社ジャックス (Jaccs)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態カテゴリ",
        "資本系列の歴史",
        "2. 事業セグメント・マップ",
        "自動車ローン軸の強み",
        "海外戦略（ASEAN）",
        "3. 沿革"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/credit-saison",
        "card-issuers/orico",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4194,
      "word_like_tokens": 641,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/jal-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/jal-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/jal-card.md",
      "title": "株式会社JALカード (JAL Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社JR東日本ファイナンシャル & View Card for peer / contrast context and credit purchase / card operators index for the broader regulatory / registry boundary.",
      "headings": [
        "株式会社JALカード (JAL Card)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・登録",
        "3. 商品ライン",
        "4. 主要 KPI（公表ベース）",
        "5. 業界ポジション",
        "6. 沿革",
        "7. 関連企業・取引先"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/credit-saison",
        "card-issuers/epos-card",
        "card-issuers/jcb",
        "card-issuers/jr-east-financial",
        "card-issuers/mufg-nicos",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "regional-banks/seven-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/regional-banks/seven-bank"
      ],
      "markdown_links": [
        "https://info.gbiz.go.jp/hojin/ichiran?hojinBango=2010701013124",
        "https://jalcard.jal.co.jp/profile/company/history/",
        "https://jalcard.jal.co.jp/profile/company/overview/",
        "https://www.meti.go.jp/policy/economy/consumer/credit/115tourokujigyousyaitiran.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4957,
      "word_like_tokens": 886,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "card-issuers/jcb.md",
      "url": "https://finwiki.zksc.io/card-issuers/jcb",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/jcb.md",
      "title": "株式会社ジェーシービー (JCB)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社オリエントコーポレーション (Orico) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社ジェーシービー (JCB)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "略称の由来",
        "主要株主 (公開情報・非上場のため概要のみ)",
        "主要子会社・関連法人",
        "重要年表",
        "2. 事業セグメント・マップ",
        "国際ブランド差別化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/orico",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4620,
      "word_like_tokens": 748,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/jr-east-financial.md",
      "url": "https://finwiki.zksc.io/card-issuers/jr-east-financial",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/jr-east-financial.md",
      "title": "JR東日本 金融グループ (JR-East Financial Subsidiaries)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX as the operating-company anchor for JR 東日本 (East Japan Railway Company) グループの金融サブセクター — specifically, ビューカード（View Card）+ JRE BANK（楽天銀行と提携の BaaS 銀行口座）+ Suica 電子マネー / JR 東日本ペイメントサービス の 3 軸構成. Read it against 東急カード（Tokyu Card）・小田急カード for transit-captive peer com",
      "headings": [
        "JR東日本 金融グループ (JR-East Financial Subsidiaries)",
        "Wiki route",
        "TL;DR",
        "1.1 株式会社ビューカード（View Card）",
        "1.2 JRE BANK（2024-05 開業）",
        "1.3 JR 東日本ペイメントサービス + Suica",
        "2. 業務ライン（金融機能マップ）",
        "3. 親会社関係（JR 東日本 連結内）",
        "戦略意義（鉄道企業のフルスタック金融化）",
        "4. KPI（公開情報ベース）"
      ],
      "wikilinks": [
        "JapanFG/odakyu-cards",
        "JapanFG/tokyu-card",
        "banking/baas-rakuten-jre-bank",
        "banking/rakuten-bank",
        "card-issuers/INDEX",
        "card-issuers/aeon-bank",
        "megabanks/au-fh",
        "payments/d-barai",
        "payments/paypay",
        "payments/rakuten-pay",
        "payments/suica-pasmo-fares",
        "payments/suica-prepaid-jr-east",
        "regional-banks/seven-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/suica-prepaid-jr-east",
        "https://finwiki.zksc.io/regional-banks/seven-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6356,
      "word_like_tokens": 1191,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "card-issuers/life-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/life-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/life-card.md",
      "title": "ライフカード (Life Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX (its domain route). Read it against クレディセゾン and 楽天カード for independent-issuer peer / contrast, and against the FSA plus payments for the supervisory / system boundary. The governing acquiring statute is 割賦販売法 2020 改正; the lending parent lives at アイフル.",
      "headings": [
        "ライフカード (Life Card)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/INDEX",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/rakuten-card",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "financial-regulators/fsa",
        "payments/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payments/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2733,
      "word_like_tokens": 413,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "card-issuers/mufg-nicos.md",
      "url": "https://finwiki.zksc.io/card-issuers/mufg-nicos",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/mufg-nicos.md",
      "title": "三菱UFJニコス (Mitsubishi UFJ NICOS)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX (its domain route). Read it against 三井住友カード and JCB for megabank-affiliated peer / contrast, and against the FSA plus payments for the supervisory / system boundary. The governing acquiring statute is 割賦販売法 2020 改正.",
      "headings": [
        "三菱UFJニコス (Mitsubishi UFJ NICOS)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/INDEX",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jcb",
        "card-issuers/smbc-card",
        "financial-regulators/fsa",
        "megabanks/mufg",
        "payments/INDEX",
        "payments/japan-card-issuer-acquirer-processor-split"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3058,
      "word_like_tokens": 467,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/orico.md",
      "url": "https://finwiki.zksc.io/card-issuers/orico",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/orico.md",
      "title": "株式会社オリエントコーポレーション (Orico)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社ジャックス (Jaccs) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社オリエントコーポレーション (Orico)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "社名・略称の由来",
        "主要株主 (公開情報ベース) ^[extracted]",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "コア差別化",
        "国内競合構図"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/paidy",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6044,
      "word_like_tokens": 926,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/paypay-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/paypay-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/paypay-card.md",
      "title": "PayPayカード (PayPay Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "PayPayカード (PayPay Card)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/rakuten-card",
        "megabanks/paypay-fg",
        "payment-firms/paypay",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-payment-scheme-economics-matrix",
        "securities-firms/paypay-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2915,
      "word_like_tokens": 469,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "card-issuers/pocket-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/pocket-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/pocket-card.md",
      "title": "ポケットカード (Pocket Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX (its domain route). Read it against エポスカード and クレディセゾン for non-megabank co-brand peer / contrast, and against the FSA plus payments for the supervisory / system boundary. The governing acquiring statute is 割賦販売法 2020 改正.",
      "headings": [
        "ポケットカード (Pocket Card)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/credit-saison",
        "card-issuers/epos-card",
        "card-issuers/installment-sales-act-2020-amendment",
        "financial-regulators/fsa",
        "payment-firms/famima-digital-one",
        "payments/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payments/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2844,
      "word_like_tokens": 439,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "card-issuers/rakuten-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/rakuten-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/rakuten-card.md",
      "title": "楽天カード (Rakuten Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "楽天カード (Rakuten Card)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/paypay-card",
        "loyalty/japan-points-landscape",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2453,
      "word_like_tokens": 392,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "card-issuers/seven-card-service.md",
      "url": "https://finwiki.zksc.io/card-issuers/seven-card-service",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/seven-card-service.md",
      "title": "セブン・カードサービス (Seven Card Service)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "セブン・カードサービス (Seven Card Service)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/ucs-card",
        "loyalty/japan-points-landscape",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary",
        "regional-banks/seven-bank",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2919,
      "word_like_tokens": 493,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "card-issuers/shizugin-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/shizugin-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/shizugin-card.md",
      "title": "しずぎんカード (Shizugin Card / Shizuoka Bank Card)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the card-issuers INDEX as the FG-subsidiary credit-card operating-company anchor for しずおか FG グループ (静岡銀行 母体)。Read it against parent operating bank 静岡銀行 and sibling subsidiaries 静銀ティーエム証券 / しずぎんリース / 静銀キャピタル / 静銀信用保証. Peer comparison: 地銀系クレジットカード会社 (めぶきカード / ちばぎんカード / UCS カード (旧",
      "headings": [
        "しずぎんカード (Shizugin Card / Shizuoka Bank Card)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株ツリー (しずおか FG グループ簡略図)",
        "主要業務ライン",
        "グループ内クロスリンク",
        "地銀系クレジットカード peer 比較",
        "大手カードイシュアーとの競合",
        "強み・弱み"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/epos-card",
        "card-issuers/life-card",
        "card-issuers/paypay-card",
        "card-issuers/pocket-card",
        "card-issuers/rakuten-card",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "card-issuers/ucs-card",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "leasing-firms/chibagin-leasing",
        "leasing-firms/iyogin-leasing",
        "leasing-firms/mebuki-lease",
        "leasing-firms/yamaguchi-leasing",
        "leasing-firms/yokohama-bank-leasing",
        "payment-firms/american-express-international-japan",
        "payment-firms/atone",
        "payment-firms/bnpl-landscape",
        "payment-firms/mastercard-japan",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/iyogin-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/suruga-bank",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yokohama-bank",
        "securities-firms/chibagin-securities",
        "securities-firms/ffg-securities",
        "securities-firms/mebuki-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/yamaguchi-leasing",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/atone",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/suruga-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank",
        "https://finwiki.zksc.io/securities-firms/chibagin-securities",
        "https://finwiki.zksc.io/securities-firms/ffg-securities",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7861,
      "word_like_tokens": 1198,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "card-issuers/smbc-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/smbc-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/smbc-card.md",
      "title": "三井住友カード (SMCC)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 三菱UFJニコス (Mitsubishi UFJ NICOS) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "三井住友カード (SMCC)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/mufg-nicos",
        "consumer-finance/smbc-consumer-finance",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3192,
      "word_like_tokens": 505,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "card-issuers/toyota-finance.md",
      "url": "https://finwiki.zksc.io/card-issuers/toyota-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/toyota-finance.md",
      "title": "トヨタファイナンス",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against Toyota Financial Services for parent / operating-company separation and Japan credit purchase and card operator registry index for the installment-credit and card boundary.",
      "headings": [
        "トヨタファイナンス",
        "Wiki route",
        "Overview",
        "1. 法人・グループ境界",
        "2. Business Role",
        "3. Why This Standalone Page Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "leasing-firms/orix-corp",
        "leasing-firms/toyota-financial",
        "manufacturer-finance/toyota-motor",
        "payments/credit-purchase-card-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3073,
      "word_like_tokens": 484,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "card-issuers/ucs-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/ucs-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/ucs-card.md",
      "title": "UCSカード (UCS)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against ライフカード (Life Card) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "UCSカード (UCS)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/epos-card",
        "card-issuers/life-card",
        "card-issuers/seven-card-service",
        "loyalty/japan-points-landscape",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1981,
      "word_like_tokens": 319,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "card-issuers/view-card.md",
      "url": "https://finwiki.zksc.io/card-issuers/view-card",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/card-issuers/view-card.md",
      "title": "株式会社ビューカード (Viewcard)",
      "domain": "card-issuers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under card-issuers INDEX. Read it against 株式会社JALカード for peer / contrast context and credit purchase / card operators index for the broader regulatory / registry boundary.",
      "headings": [
        "株式会社ビューカード (Viewcard)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・登録",
        "3. 商品ライン",
        "4. 主要 KPI（公表ベース）",
        "5. 業界ポジション",
        "6. 沿革",
        "7. 関連企業・取引先"
      ],
      "wikilinks": [
        "card-issuers/INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/credit-saison",
        "card-issuers/epos-card",
        "card-issuers/jal-card",
        "card-issuers/jcb",
        "card-issuers/jr-east-financial",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/jal-card",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index"
      ],
      "markdown_links": [
        "https://info.gbiz.go.jp/hojin/ichiran?hojinBango=2010701023263",
        "https://www.meti.go.jp/policy/economy/consumer/credit/115tourokujigyousyaitiran.html",
        "https://www.viewcard.co.jp/company.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4644,
      "word_like_tokens": 836,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "consumer-finance/INDEX.md",
      "url": "https://finwiki.zksc.io/consumer-finance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/INDEX.md",
      "title": "consumer-finance — Japanese consumer lender (貸金業) index",
      "domain": "consumer-finance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "consumer-finance/ contains 5 active entries (excluding INDEX, 6 total) covering Japanese consumer lenders registered under the Money Lending Business Act (貸金業法) — the unsecured personal-loan (カードローン) operators, their credit-guarantee businesses, and the bank- or group-backed consumer-finance subsidi",
      "headings": [
        "consumer-finance — Japanese consumer lender (貸金業) index",
        "TL;DR",
        "Entries",
        "How the domain reads",
        "Expansion rules",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "card-issuers/jaccs",
        "consumer-finance/acom",
        "consumer-finance/acom-co-detail",
        "consumer-finance/aiful",
        "consumer-finance/shinsei-financial",
        "consumer-finance/smbc-consumer-finance",
        "leasing-firms/INDEX",
        "manufacturer-finance/INDEX",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/acom-co-detail",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4274,
      "word_like_tokens": 681,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "consumer-finance/acom-co-detail.md",
      "url": "https://finwiki.zksc.io/consumer-finance/acom-co-detail",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/acom-co-detail.md",
      "title": "アコム 事業詳細 (Acom Operating Profile)",
      "domain": "consumer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under consumer-finance INDEX and complements the company-level summary at アコム株式会社. Read it against SMBCコンシューマーファイナンス (プロミス) for MUFG-group competitor SMFG-side context, アイフル for independent-pure-play consumer-finance peer, and MUFG / 三菱UFJ銀行 for parent-group context.",
      "headings": [
        "アコム 事業詳細 (Acom Operating Profile)",
        "Wiki route",
        "TL;DR",
        "1. 親グループ関係",
        "2. 事業セグメント詳細",
        "2.1 ローン事業（個人向け無担保ローン）",
        "2.2 クレジットカード事業",
        "2.3 信用保証事業（戦略的中核）",
        "2.4 海外金融事業",
        "3. 法人セグメント別収益構造"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "consumer-finance/INDEX",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "consumer-finance/smbc-consumer-finance",
        "megabanks/mufg",
        "megabanks/mufg-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4584,
      "word_like_tokens": 734,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "consumer-finance/acom.md",
      "url": "https://finwiki.zksc.io/consumer-finance/acom",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/acom.md",
      "title": "アコム株式会社 (Acom)",
      "domain": "consumer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under consumer-finance INDEX. Read it against 株式会社ジャックス (Jaccs) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "アコム株式会社 (Acom)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態カテゴリ・3 大消費者金融",
        "主要グループ会社",
        "MUFG との資本関係",
        "2. 事業セグメント・マップ",
        "自動契約機「むじんくん」",
        "Easy Buy PCL（タイ Easy Buy）★"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "consumer-finance/INDEX",
        "consumer-finance/aiful",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6241,
      "word_like_tokens": 1067,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "consumer-finance/aiful.md",
      "url": "https://finwiki.zksc.io/consumer-finance/aiful",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/aiful.md",
      "title": "アイフル株式会社 (Aiful)",
      "domain": "consumer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under consumer-finance INDEX. Read it against 株式会社ジャックス (Jaccs) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "アイフル株式会社 (Aiful)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態カテゴリ",
        "主要グループ会社",
        "創業家・独立性",
        "2. 事業セグメント・マップ",
        "与信・テクノロジー",
        "ライフカード（2017 完全子会社化）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "consumer-finance/INDEX",
        "consumer-finance/smbc-consumer-finance",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5142,
      "word_like_tokens": 763,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "consumer-finance/shinsei-financial.md",
      "url": "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/shinsei-financial.md",
      "title": "新生フィナンシャル",
      "domain": "consumer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under consumer-finance INDEX. Read it with APLUS for the adjacent SBI Shinsei consumer-credit lane and Japan credit purchase and card operator registry index for the broader credit / installment boundary.",
      "headings": [
        "新生フィナンシャル",
        "Wiki route",
        "Overview",
        "1. 法人・ライセンス境界",
        "2. Business Role",
        "3. Why This Standalone Page Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/aplus",
        "consumer-finance/INDEX",
        "consumer-finance/acom",
        "consumer-finance/shinsei-financial",
        "consumer-finance/smbc-consumer-finance",
        "megabanks/sbi-hd",
        "payments/credit-purchase-card-operators-japan-index",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3000,
      "word_like_tokens": 459,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "consumer-finance/smbc-consumer-finance.md",
      "url": "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/consumer-finance/smbc-consumer-finance.md",
      "title": "SMBCコンシューマーファイナンス",
      "domain": "consumer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under consumer-finance INDEX (its domain route). Read it against same-domain peers ACOM and AIFUL for peer / contrast, against SMFG for the ultimate group / parent context, and against the FSA for the supervisory boundary (consumer lenders register 貸金業 under the FSA-overseen Money Le",
      "headings": [
        "SMBCコンシューマーファイナンス",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/smbc-card",
        "consumer-finance/INDEX",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "financial-regulators/fsa",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2667,
      "word_like_tokens": 413,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/INDEX.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/INDEX.md",
      "title": "cooperative-banks — Japan shinkin / shinkumi / JA-JF cooperative finance index",
      "domain": "cooperative-banks",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "cooperative-banks/ is a standalone top-level domain, split out of the former JapanFG entity umbrella. It covers Japan's cooperative finance: shinkin banks (信用金庫), shinkumi credit cooperatives (信用組合), JA / JF agricultural and fisheries cooperative finance, labour banks (労金 / Rokin), and their central",
      "headings": [
        "cooperative-banks — Japan shinkin / shinkumi / JA-JF cooperative finance index",
        "Scope",
        "Disambiguation",
        "Placement Rule",
        "Members",
        "Central institutions and system federations (Norinchukin / Shinkin central / JA / JF / Rokin / Zenrosai) (17)",
        "Shinkin banks (credit unions) (17)",
        "Shinkumi (credit cooperatives) (11)",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "cooperative-banks/aichi-iryo-shinkumi",
        "cooperative-banks/aichi-shogin-shinkumi",
        "cooperative-banks/asahi-shinkin",
        "cooperative-banks/chochukin-rokin",
        "cooperative-banks/fukuoka-ken-shinkumi",
        "cooperative-banks/gifu-shinkin",
        "cooperative-banks/hamamatsu-iwata-shinkin",
        "cooperative-banks/hana-shinkumi",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/ja-bank-tokyo-shinren",
        "cooperative-banks/ja-kyosairen-fukushima",
        "cooperative-banks/ja-mitsui-leasing",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-kyosuiren",
        "cooperative-banks/jf-marine-bank-hokkaido",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/johoku-shinkin",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/kawasaki-shinkin",
        "cooperative-banks/keishicho-shinkumi",
        "cooperative-banks/kitakyushu-shinkin",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/kyoto-shinkin",
        "cooperative-banks/nagoya-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/okazaki-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/osaka-shoko-shinkin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/sapporo-chuo-shinkumi",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/sendai-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "cooperative-banks/shinkin-shoken",
        "cooperative-banks/slug",
        "cooperative-banks/tama-shinkin",
        "cooperative-banks/tokyo-shobo-shinkumi",
        "cooperative-banks/tokyo-to-shokuin-shinkumi",
        "cooperative-banks/yokohama-kogin-shinkumi",
        "cooperative-banks/yokohama-shinkin",
        "cooperative-banks/zenshin-kumi",
        "financial-licenses/INDEX",
        "megabanks/INDEX",
        "regional-banks/INDEX",
        "trust-banks/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/aichi-iryo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/aichi-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/chochukin-rokin",
        "https://finwiki.zksc.io/cooperative-banks/fukuoka-ken-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/gifu-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/hana-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/ja-bank-tokyo-shinren",
        "https://finwiki.zksc.io/cooperative-banks/ja-kyosairen-fukushima",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-kyosuiren",
        "https://finwiki.zksc.io/cooperative-banks/jf-marine-bank-hokkaido",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/keishicho-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/kitakyushu-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/nagoya-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shoko-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-chuo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-shoken",
        "https://finwiki.zksc.io/cooperative-banks/tama-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-shobo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-to-shokuin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-kogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4500,
      "word_like_tokens": 622,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "cooperative-banks/aichi-iryo-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/aichi-iryo-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/aichi-iryo-shinkumi.md",
      "title": "愛知県医療信用組合 (Aichi Medical Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the 業域 (medical-occupation) shinkumi anchor for the Chukyo region, peer to occupation-based 警視庁職員信用組合 (police) and 東京都職員信用組合 (civil servant). Medical shinkumi form the largest single-industry shinkumi category in Japan's 143-cooperative population cat",
      "headings": [
        "愛知県医療信用組合 (Aichi Medical Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "愛知県医療系信組 2 行体制 ^[extracted FSA registry]",
        "全国医療系信組ネットワーク ^[extracted FSA registry 抜粋]",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/aichi-ishi-shinkumi",
        "cooperative-banks/aichi-shogin-shinkumi",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/keishicho-shinkumi",
        "cooperative-banks/tokyo-to-shokuin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dbj",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/aichi-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/keishicho-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-to-shokuin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [
        "https://www.iryoushin.com/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5452,
      "word_like_tokens": 776,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/aichi-shogin-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/aichi-shogin-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/aichi-shogin-shinkumi.md",
      "title": "信用組合愛知商銀 (Aichi Shogin Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the Chubu (中京) representative of the 商銀系 (in-Japan Korean business) shinkumi network, complementing 大阪商銀信用組合 (Kansai) and routing through Japan credit cooperative registry for the broader 143-cooperative population.",
      "headings": [
        "信用組合愛知商銀 (Aichi Shogin Credit Cooperative)",
        "Wiki route",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "愛知県信組ブロック (registry比較)",
        "全信組連内の位置付け",
        "商銀系信組の歴史的背景 ^[extracted]",
        "主要業務 ^[extracted]",
        "5. KPI",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/yokohama-kogin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "megabanks/mufg",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/nagoya-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-kogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank"
      ],
      "markdown_links": [
        "https://www.a-sg.jp/shogin/discloser/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4569,
      "word_like_tokens": 660,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/asahi-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/asahi-shinkin.md",
      "title": "朝日信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 城南信用金庫 for peer / contrast context inside the Tokyo shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary over 信",
      "headings": [
        "朝日信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/johoku-shinkin",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/tama-shinkin",
        "financial-regulators/dic",
        "financial-regulators/fsa"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/tama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3475,
      "word_like_tokens": 508,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/chochukin-rokin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/chochukin-rokin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/chochukin-rokin.md",
      "title": "中央労働金庫 (Chuo Rokin / Central Labour Bank)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the largest of the 13 rokin (labour bank) operating companies in Japan, providing the rokin-side operating-company anchor parallel to 京都中央信用金庫 (shinkin) and 大阪商銀信用組合 (shinkumi). Read it against 労働金庫連合会 (Rokinren) for the cooperative-system central ins",
      "headings": [
        "中央労働金庫 (Chuo Rokin / Central Labour Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / 組織構造",
        "13 労働金庫の構成 ^[extracted]",
        "重要年表 ^[extracted]",
        "主要業務 ^[extracted]",
        "ALM・資金フロー ^[extracted]",
        "規模感 (2025-03 末) ^[extracted]",
        "13 ろうきん内の代表性"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/rokin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/yokohama-shinkin",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5990,
      "word_like_tokens": 961,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/fukuoka-ken-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/fukuoka-ken-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/fukuoka-ken-shinkumi.md",
      "title": "福岡県信用組合 (Fukuoka Prefecture Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the Kyushu 県域型 (prefecture-wide) shinkumi anchor, complementing いわき信用組合 (Tohoku city-level) and 札幌中央信用組合 (Hokkaido city-level) for regional shinkumi coverage within the 143-cooperative population catalogued in Japan credit cooperative registry.",
      "headings": [
        "福岡県信用組合 (Fukuoka Prefecture Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "福岡県信組ブロック (registry比較)",
        "九州・福岡財務支局信組ブロック ^[extracted FSA registry]",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI"
      ],
      "wikilinks": [
        "JapanFG/fukuoka-shinkin",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/sapporo-chuo-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "regional-banks/fukuoka-fg",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/nnfh"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-chuo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd"
      ],
      "markdown_links": [
        "https://kenshin-f.jp/disclosure/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4703,
      "word_like_tokens": 686,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/gifu-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/gifu-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/gifu-shinkin.md",
      "title": "岐阜信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 岡崎信用金庫 and 浜松磐田信用金庫 for peer / contrast context inside the Chubu shinkin block (岐阜信用金庫 is the third-largest Chubu shinkin by deposits, behind those two), and against Japan shinkin bank registry for the broader system / regulatory boundar",
      "headings": [
        "岐阜信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/hamamatsu-iwata-shinkin",
        "cooperative-banks/okazaki-shinkin",
        "cooperative-banks/shinkin-central",
        "regional-banks/juroku-bank",
        "regional-banks/juroku-fg",
        "regional-banks/ogaki-kyoritsu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2800,
      "word_like_tokens": 402,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/hamamatsu-iwata-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/hamamatsu-iwata-shinkin.md",
      "title": "浜松磐田信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 岡崎信用金庫 for peer / contrast context inside the Chubu manufacturing-belt shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licens",
      "headings": [
        "浜松磐田信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/okazaki-shinkin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/aichi-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/aichi-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3546,
      "word_like_tokens": 510,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/hana-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/hana-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/hana-shinkumi.md",
      "title": "ハナ信用組合 (Hana Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as a 首都圏 (Tokyo) 在日コリアン民族系 shinkumi anchor, peer to 大阪商銀信用組合 (Kansai 商銀系)・横浜幸銀信用組合 (Kanagawa 幸銀系)・信用組合愛知商銀 (Chukyo 商銀系) within the broader Korean-business shinkumi sub-population catalogued in Japan credit cooperative registry.",
      "headings": [
        "ハナ信用組合 (Hana Credit Cooperative)",
        "Wiki route",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "東京都内民族系信組 (registry比較)",
        "全信組連内の位置付け",
        "朝銀系信用組合の歴史的経緯 ^[extracted/inferred]",
        "主要業務 ^[extracted]",
        "5. KPI",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/aichi-shogin-shinkumi",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/yokohama-kogin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/aichi-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-kogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [
        "https://www.hanashinkumi.com/info/disclosure.php"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4552,
      "word_like_tokens": 637,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/iwaki-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/iwaki-shinkumi.md",
      "title": "いわき信用組合 (Iwaki Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as a Tohoku regional shinkumi (地域信組) anchor within the 143-cooperative population catalogued in Japan credit cooperative registry. Read it against 大阪商銀信用組合 for the ethnic-business shinkumi contrast and 全信組連 / Zenshinkumiren for the cooperative-system par",
      "headings": [
        "いわき信用組合 (Iwaki Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "福島県内信組ブロック (registry比較)",
        "全信組連内の位置付け",
        "地域型信組の事業特性",
        "4. KPI (確定値)",
        "5. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/sapporo-chuo-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "financial-regulators/financial-laws-stack",
        "financial-regulators/shoko-chukin",
        "regional-banks/toho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-chuo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/regional-banks/toho-bank"
      ],
      "markdown_links": [
        "https://www.iwaki-shinkumi.com/about-disk.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4586,
      "word_like_tokens": 686,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/ja-bank-tokyo-shinren.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-bank-tokyo-shinren",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-bank-tokyo-shinren.md",
      "title": "JA バンク東京信連 (東京都信用農業協同組合連合会 / JA Tokyo Shinren)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the first JA-Bank prefectural credit-federation (信連) operating-company anchor in FinWiki, closing the audit gap that JA 信連 (集合的) was documented but no prefectural 信連 anchor existed. Tokyo was selected for its urban-agriculture + 直結方式 (direct-link) bor",
      "headings": [
        "JA バンク東京信連 (東京都信用農業協同組合連合会 / JA Tokyo Shinren)",
        "Wiki route",
        "TL;DR",
        "1. License / 組織構造",
        "都市信連としての特徴 ^[extracted]",
        "重要年表 ^[extracted / inferred]",
        "4 大機能 (信連共通) ^[extracted]",
        "規模感 (2024-12-24 現在、当会公表値)",
        "31 信連内での東信連の位置",
        "都市農業対応の固有戦略"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-kyosairen-fukushima",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-marine-bank-hokkaido",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/norinchukin",
        "non-life-insurers/ja-kyosairen",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-kyosairen-fukushima",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-marine-bank-hokkaido",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5322,
      "word_like_tokens": 882,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/ja-kyosairen-fukushima.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-kyosairen-fukushima",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-kyosairen-fukushima.md",
      "title": "JA 共済連福島 (福島県本部 / Fukushima Prefectural Office of JA Kyosairen)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the first prefectural-federation anchor for the JA Kyosairen system in FinWiki, closing the audit gap that \"JA 共済連 exists but no prefectural 信連 anchors exist\". Fukushima was selected for its disaster-recovery-context relevance (2011 東日本大震災・原発事故 + 建物更生",
      "headings": [
        "JA 共済連福島 (福島県本部 / Fukushima Prefectural Office of JA Kyosairen)",
        "Wiki route",
        "TL;DR",
        "1. License / 組織構造",
        "県共済連統合 (2000) の経緯 ^[extracted]",
        "全共連 + 47 県本部の一体運営 ^[extracted]",
        "主要業務 (県本部固有) ^[extracted]",
        "2011 東日本大震災 + 原発事故での建更給付 ^[extracted]",
        "福島県の農業・JA 構造 ^[extracted]",
        "県本部の財務規模"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-bank-tokyo-shinren",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/norinchukin",
        "insurance/INDEX",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/kyoritsu-fire-marine",
        "regional-banks/fukushima-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-bank-tokyo-shinren",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/regional-banks/fukushima-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5829,
      "word_like_tokens": 933,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/ja-mitsui-leasing.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-mitsui-leasing.md",
      "title": "JA三井リース",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 芙蓉総合リース for peer / contrast context and banking index for the broader system / regulatory boundary. As a JA / 農林中金 + 三井系の合弁体, it should be cross-read with 農林中央金庫 for the JA-side context.",
      "headings": [
        "JA三井リース",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "finance/japan-acquisition-finance",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3188,
      "word_like_tokens": 523,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/ja-shinnoren.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-shinnoren.md",
      "title": "JA 信連 (信用農業協同組合連合会 / Prefectural Credit Federations of Agricultural Cooperatives)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the prefectural credit-federation layer of the JA Bank system, sitting between local JA (497 cooperatives) and the national central institution 農林中央金庫. Read with JF 信漁連 for the fishery-side equivalent and cooperative banking domain for the wider conte",
      "headings": [
        "JA 信連 (信用農業協同組合連合会 / Prefectural Credit Federations of Agricultural Cooperatives)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "JA Bank system の三段構造 ^[extracted]",
        "信連数の推移 ^[extracted]",
        "重要年表 ^[extracted]",
        "4 大機能 ^[extracted]",
        "信連の規模感",
        "JA Bank system 内の位置付け"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/zenshin-kumi",
        "non-life-insurers/ja-kyosairen"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5051,
      "word_like_tokens": 800,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/ja-zen-noh.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-zen-noh.md",
      "title": "JA 全農 (全国農業協同組合連合会 / National Federation of Agricultural Cooperative Associations)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the JA Group economic-business federation, parallel to 農林中央金庫 (信用) / JA 共済連 (共済) / JA 全中 (代表). Read with JA Bank system for the credit-side adjacency and cooperative banking domain for the system boundary.",
      "headings": [
        "JA 全農 (全国農業協同組合連合会 / National Federation of Agricultural Cooperative Associations)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "統合史 ^[extracted]",
        "金融補完関係",
        "自己改革と外圧",
        "海外展開",
        "競合構造",
        "4. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "non-life-insurers/ja-kyosairen"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4593,
      "word_like_tokens": 735,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/ja-zenchu.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/ja-zenchu.md",
      "title": "JA 全中 (全国農業協同組合中央会 / National Central Union of Agricultural Cooperatives)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the JA Group national-coordination layer behind 農林中央金庫 (Norinchukin) and the JA Bank system. Read it together with JA 全農 (全国農業協同組合連合会) for the commercial-federation counterpart, JA 共済連 for the cooperative insurance federation, and cooperative banking",
      "headings": [
        "JA 全中 (全国農業協同組合中央会 / National Central Union of Agricultural Cooperatives)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "JA グループ 4 大全国連の役割分担 ^[extracted]",
        "重要年表 ^[extracted]",
        "4 大機能 ^[extracted]",
        "JA バンク中央本部との関係",
        "全国連結合体としての JA グループ",
        "食料安全保障論議"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenginkyo",
        "non-life-insurers/ja-kyosairen"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5114,
      "word_like_tokens": 767,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/jf-kyosuiren.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/jf-kyosuiren",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/jf-kyosuiren.md",
      "title": "JF 共水連 (全国共済水産業協同組合連合会 / Kyosuiren)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the JF Group cooperative-insurance national federation, the JF-side parallel to JA 共済連 in the agricultural cooperative system. Closes the audit gap where JA 共済連 was deeply documented but the JF-side equivalent (JF 共水連) had no anchor. Read with JF 全漁連",
      "headings": [
        "JF 共水連 (全国共済水産業協同組合連合会 / Kyosuiren)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "共済事業 vs 保険業法 (区別) ^[extracted]",
        "JF グループ 3 大全国連合会 ^[extracted]",
        "JA 共済連との対比 ^[extracted / inferred]",
        "重要年表 ^[extracted / inferred]",
        "JA 共済連との規模対比",
        "漁業者組合員特性"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-kyosairen-fukushima",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-marine-bank-hokkaido",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "insurance/INDEX",
        "insurance/mutual-vs-stock-life-insurer",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/kyoritsu-fire-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-kyosairen-fukushima",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-marine-bank-hokkaido",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6119,
      "word_like_tokens": 1084,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/jf-marine-bank-hokkaido.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/jf-marine-bank-hokkaido",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/jf-marine-bank-hokkaido.md",
      "title": "JF Marine Bank 北海道 (北海道信用漁業協同組合連合会 / Hokkaido Shingyoren)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the first JF Marine Bank prefectural-federation operating-company anchor in FinWiki, closing the audit gap that JF 信漁連 (集合的) was documented but no prefectural 信漁連 anchor existed. Hokkaido was selected as the single largest fisheries region in Japan (s",
      "headings": [
        "JF Marine Bank 北海道 (北海道信用漁業協同組合連合会 / Hokkaido Shingyoren)",
        "Wiki route",
        "TL;DR",
        "1. License / 組織構造",
        "北海道漁業の規模感 ^[extracted]",
        "10 信漁連の構成 ^[extracted / inferred]",
        "JF Marine Bank system 内の北海道信漁連の位置付け ^[extracted]",
        "重要年表 ^[extracted / inferred]",
        "4 大機能 (信漁連共通) ^[extracted]",
        "規模感 (2025-03-31 / 令和7年3月末・公式ディスクロージャー)"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-bank-tokyo-shinren",
        "cooperative-banks/ja-kyosairen-fukushima",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "regional-banks/hokkaido-bank",
        "regional-banks/north-pacific-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-bank-tokyo-shinren",
        "https://finwiki.zksc.io/cooperative-banks/ja-kyosairen-fukushima",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6782,
      "word_like_tokens": 1089,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/jf-shingyoren.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/jf-shingyoren.md",
      "title": "JF 信漁連 (信用漁業協同組合連合会 / Prefectural Credit Federations of Fishery Cooperatives)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the prefectural credit-federation layer of the JF Marine Bank system, sitting between local JF (71 fishery cooperatives) and the national central institution 農林中央金庫. Read with JA 信連 for the agricultural-side equivalent, JF 全漁連 for the representative /",
      "headings": [
        "JF 信漁連 (信用漁業協同組合連合会 / Prefectural Credit Federations of Fishery Cooperatives)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "JF Marine Bank system の三段構造 ^[extracted]",
        "JA 信連との対比 ^[extracted]",
        "重要年表 ^[extracted]",
        "4 大機能 ^[extracted]",
        "規模感",
        "JF Marine Bank system 内の位置付け"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-marine-bank-hokkaido",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/zenshin-kumi"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-marine-bank-hokkaido",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5284,
      "word_like_tokens": 858,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/jf-zengyoren.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/jf-zengyoren.md",
      "title": "JF 全漁連 (全国漁業協同組合連合会 / National Federation of Fisheries Cooperative Associations)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the JF Group national representative federation, parallel to JA 全中 in the agricultural cooperative system. Read with 農林中央金庫 for the central financial institution, JF Marine Bank system for the credit system boundary, and cooperative banking domain for",
      "headings": [
        "JF 全漁連 (全国漁業協同組合連合会 / National Federation of Fisheries Cooperative Associations)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "JF グループ全国組織の役割分担 ^[extracted]",
        "重要年表 ^[extracted]",
        "主要事業 ^[extracted]",
        "JF Marine Bank system との関係 ^[extracted]",
        "全国組織図",
        "漁業改革と漁協存在意義"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/norinchukin",
        "non-life-insurers/ja-kyosairen"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5810,
      "word_like_tokens": 915,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/johoku-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/johoku-shinkin.md",
      "title": "城北信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 城南信用金庫 for peer / contrast context (Tokyo 南西部 vs 北部) inside the Tokyo shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensi",
      "headings": [
        "城北信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/asahi-shinkin",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/tama-shinkin",
        "financial-regulators/dic",
        "financial-regulators/fsa"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/tama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3452,
      "word_like_tokens": 508,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/jonan-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/jonan-shinkin.md",
      "title": "城南信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 朝日信用金庫 for peer / contrast context inside the Tokyo shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary over 信",
      "headings": [
        "城南信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/asahi-shinkin",
        "cooperative-banks/johoku-shinkin",
        "cooperative-banks/kawasaki-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3664,
      "word_like_tokens": 522,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/kawasaki-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/kawasaki-shinkin.md",
      "title": "川崎信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 横浜信用金庫 for peer / contrast context inside the Kanagawa shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary ove",
      "headings": [
        "川崎信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/yokohama-shinkin",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3465,
      "word_like_tokens": 501,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/keishicho-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/keishicho-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/keishicho-shinkumi.md",
      "title": "警視庁職員信用組合 (Metropolitan Police Employees Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the 首都圏 (Tokyo) 職域 (occupation-based) shinkumi anchor for the police sector, complementing 東京消防信用組合 (fire dept) and 東京都職員信用組合 (metropolitan civil servant) within the 143-cooperative population catalogued in Japan credit cooperative registry.",
      "headings": [
        "警視庁職員信用組合 (Metropolitan Police Employees Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "東京都内職域信組ブロック (registry比較)",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/tokyo-shobo-shinkumi",
        "cooperative-banks/tokyo-to-shokuin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-shobo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-to-shokuin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4909,
      "word_like_tokens": 739,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/kitakyushu-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/kitakyushu-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/kitakyushu-shinkin.md",
      "title": "北九州信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against ふくおかフィナンシャルグループ（福岡銀行・熊本銀行・十八親和銀行）と 西日本フィナンシャルホールディングス（西日本シティ銀行）for the Kyushu commercial-bank counterparts, against 北九州銀行（山口 FG 傘下、北九州市地盤の第二地銀）for the same-name regional commercial bank, and against Japan shinkin bank registry for the br",
      "headings": [
        "北九州信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. 系統内位置（Systemic position）",
        "4. Why this page matters",
        "5. 関連 / 地域論点",
        "北九州工業地帯との結びつき",
        "北九州市の人口減少と地域経済"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/japan-decarbonization-financing-roadmap",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/nagoya-shinkin",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/sendai-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenshin-kyo",
        "regional-banks/18-shinwa-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kitakyushu-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/nishi-nippon-fh",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/nagoya-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5259,
      "word_like_tokens": 713,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/kyoto-chuo-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/kyoto-chuo-shinkin.md",
      "title": "京都中央信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 大阪信用金庫 for peer / contrast context inside the Kansai shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary over",
      "headings": [
        "京都中央信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/kyoto-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3501,
      "word_like_tokens": 509,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/kyoto-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/kyoto-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/kyoto-shinkin.md",
      "title": "京都信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 京都中央信用金庫 for peer / contrast context inside the Kyoto shinkin block (両者は京都を地盤とする二大信用金庫) and against Japan shinkin bank registry for the broader system / regulatory boundary maintained by 信金中央金庫.",
      "headings": [
        "京都信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/shinkin-central",
        "regional-banks/kyoto-bank",
        "regional-banks/kyoto-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2834,
      "word_like_tokens": 395,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/nagoya-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/nagoya-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/nagoya-shinkin.md",
      "title": "名古屋信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 岡崎信用金庫（西三河 / Aichi 南東部の自動車サプライチェーン anchor）and 浜松磐田信用金庫（静岡西部 / 東海西端 anchor）for the regional shinkin peer block, against 名古屋銀行 and あいち銀行（旧 愛知銀行＋中京銀行）for the commercial-bank counterparts in Aichi, and against Japan shinkin bank registry for",
      "headings": [
        "名古屋信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "名古屋信用金庫 vs 岡崎信用金庫（geographic / industrial split）",
        "3. 系統内位置（Systemic position）",
        "4. Why this page matters",
        "5. 関連 / 地域論点",
        "中京経済との結びつき"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/hamamatsu-iwata-shinkin",
        "cooperative-banks/kitakyushu-shinkin",
        "cooperative-banks/okazaki-shinkin",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/sendai-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenshin-kyo",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/aichi-bank",
        "regional-banks/nagoya-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kitakyushu-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5013,
      "word_like_tokens": 678,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/norinchukin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/norinchukin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/norinchukin.md",
      "title": "農林中央金庫 (Norinchukin Bank)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "農林中央金庫 (Norinchukin Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "出資構造（系統団体出資）^[extracted]",
        "主要拠点",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "二重性格：系統中央銀行 + 国内屈指の機関投資家",
        "国際分散投資戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-shinnoren",
        "financial-regulators/dbj",
        "financial-regulators/jfc",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "trust-banks/nochu-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6073,
      "word_like_tokens": 951,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/okazaki-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/okazaki-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/okazaki-shinkin.md",
      "title": "岡崎信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 浜松磐田信用金庫 for peer / contrast context inside the Chubu shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary over",
      "headings": [
        "岡崎信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/hamamatsu-iwata-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/aichi-bank",
        "regional-banks/kyoto-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/hamamatsu-iwata-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3525,
      "word_like_tokens": 516,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/osaka-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/osaka-shinkin.md",
      "title": "大阪信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 京都中央信用金庫 for peer / contrast context within the Kansai shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary ove",
      "headings": [
        "大阪信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kawasaki-shinkin",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3456,
      "word_like_tokens": 505,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/osaka-shogin-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/osaka-shogin-shinkumi.md",
      "title": "大阪商銀信用組合 (Osaka Shogin Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the first standalone shinkumi (credit cooperative) operating-company anchor in FinWiki, closing the long-flagged 143-shinkumi audit gap. Read it against 大阪信用金庫 for the shinkin-vs-shinkumi distinction in the same Osaka market, 全信組連 / Zenshinkumiren for",
      "headings": [
        "大阪商銀信用組合 (Osaka Shogin Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. License / 組合構造",
        "信用金庫 vs 信用組合 vs 商銀系 ^[extracted]",
        "商銀系信用組合の歴史的経緯 ^[extracted]",
        "主要業務 ^[extracted]",
        "沿革・現況 (要確認 — 独立法人としては消滅)",
        "全信組連内の位置付け",
        "2002〜2003 関西商銀信組危機の教訓 ^[extracted]"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/jf-shingyoren",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/yokohama-kogin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/jf-shingyoren",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-kogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6127,
      "word_like_tokens": 807,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/osaka-shoko-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/osaka-shoko-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/osaka-shoko-shinkin.md",
      "title": "大阪商工信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 大阪信用金庫 for peer / contrast context inside the Osaka shinkin block (大阪商工信用金庫 は商工業者特化の中堅信金で、府内最大手の 大阪信用金庫 とは規模・地盤が異なる) and against Japan shinkin bank registry for the broader system / regulatory boundary maintained by 信金中央金庫.",
      "headings": [
        "大阪商工信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/shinkin-central",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2619,
      "word_like_tokens": 354,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/rokin-renraku.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/rokin-renraku.md",
      "title": "労働金庫連合会 (The Rokinren Bank)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "労働金庫連合会 (The Rokinren Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/rokin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/zenshin-kumi",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2524,
      "word_like_tokens": 369,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/sapporo-chuo-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/sapporo-chuo-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/sapporo-chuo-shinkumi.md",
      "title": "札幌中央信用組合 (Sapporo Chuo Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as a Hokkaido 地域型 (regional) shinkumi anchor, peer to いわき信用組合 (Tohoku) within the 143-cooperative population catalogued in Japan credit cooperative registry. Contrast with 札幌信用金庫 for the shinkin-vs-shinkumi distinction in the Sapporo market.",
      "headings": [
        "札幌中央信用組合 (Sapporo Chuo Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "北海道信組ブロック (registry比較)",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI (公式組合概要)",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4529,
      "word_like_tokens": 669,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/sapporo-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/sapporo-shinkin.md",
      "title": "札幌信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 北海道銀行 and 北洋銀行 for the prefecture-level commercial-bank counterparts, against 横浜信用金庫 for a comparable other-prefecture city-anchor shinkin, and against Japan shinkin bank registry for the broader 254-shinkin system maintained by 信金中央金庫 a",
      "headings": [
        "札幌信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. 系統内位置（Systemic position）",
        "4. Why this page matters",
        "5. 関連 / 地域論点",
        "北海道経済との結びつき",
        "業界再編リスク"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/sendai-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "cooperative-banks/yokohama-shinkin",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenshin-kyo",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokuyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4690,
      "word_like_tokens": 634,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/sendai-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/sendai-shinkin.md",
      "title": "杜の都信用金庫 (Sendai-area / Tohoku leader shinkin)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 七十七銀行（仙台地銀メインプレイヤー）and 仙台銀行（第二地銀）for the Miyagi commercial-bank counterparts, against 札幌信用金庫 for the parallel north-Japan city-anchor shinkin, and against Japan shinkin bank registry for the broader 254-shinkin system maintained by 信金中央金",
      "headings": [
        "杜の都信用金庫 (Sendai-area / Tohoku leader shinkin)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. 系統内位置（Systemic position）",
        "4. Why this page matters",
        "5. 関連 / 地域論点",
        "東日本大震災・復興後経済との結びつき",
        "東北地区信用金庫業界の構造"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/japan-disaster-finance-framework",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/kitakyushu-shinkin",
        "cooperative-banks/nagoya-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenshin-kyo",
        "regional-banks/77-bank",
        "regional-banks/kirayaka-bank",
        "regional-banks/sendai-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/kitakyushu-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/nagoya-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/kirayaka-bank",
        "https://finwiki.zksc.io/regional-banks/sendai-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4809,
      "word_like_tokens": 670,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/shinkin-central.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/shinkin-central.md",
      "title": "信金中央金庫 (Shinkin Central Bank)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 全国信用協同組合連合会 (全信組連) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "信金中央金庫 (Shinkin Central Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要数値（2025-03 末 / 公式ディスクロージャー）^[extracted]",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "中央機関としての二重役割",
        "海外戦略",
        "デジタル・決済戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/zenshin-kumi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3692,
      "word_like_tokens": 610,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/shinkin-network-services.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/shinkin-network-services.md",
      "title": "Shinkin Network Services (信金ネットワークサービス)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 信金中央金庫 for the operational central-bank counterpart that anchors the shinkin system, against 全国信用金庫協会 for the industry-body / policy layer, and against Japan shinkin bank registry for the full member-population route. The cooperative-sys",
      "headings": [
        "Shinkin Network Services (信金ネットワークサービス)",
        "Wiki route",
        "TL;DR",
        "1. Legal / group boundary",
        "2. 業務の内容",
        "3. 戦略的位置付け（Why this entity matters）",
        "協同組織金融機関の規模の経済問題",
        "メガバンク / 地銀との対比",
        "信金中金 との分業",
        "全信協 との分業"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/atm-network-japan",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/shinkin-bank-registry-japan",
        "banking/zengin-network",
        "cooperative-banks/INDEX",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/osaka-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/yokohama-shinkin",
        "financial-regulators/zenshin-kyo",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5403,
      "word_like_tokens": 723,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "cooperative-banks/shinkin-shoken.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/shinkin-shoken",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/shinkin-shoken.md",
      "title": "信金中央金庫グループ証券機能 / 信金 AM (Shinkin securities + asset management lane)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 信金中央金庫（中央機関本体）, 全国信用金庫協会（policy / industry body）, and 信金ネットワークサービス（IT 共同インフラ）for the four-leg view of the shinkin central system (中央金庫本体 / 業界団体 / IT インフラ / 証券・運用機能). Compare against 農林中央金庫 グループの 農中信託銀行・農中証券 for the parallel JA central-sy",
      "headings": [
        "信金中央金庫グループ証券機能 / 信金 AM (Shinkin securities + asset management lane)",
        "Wiki route",
        "TL;DR",
        "1. Legal / group boundary",
        "2. 業務の内容",
        "3. 系統内位置（Systemic position）",
        "4. Cross-system comparison（協同組織中央機関グループ間の証券・運用機能の対比）",
        "5. Why this page matters",
        "6. 関連 / 戦略論点",
        "信用金庫顧客の資産運用ニーズ拡大"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/japan-cooperative-banking-unified-federation-matrix",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kitakyushu-shinkin",
        "cooperative-banks/kyoto-chuo-shinkin",
        "cooperative-banks/nagoya-shinkin",
        "cooperative-banks/nochu-securities",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/sapporo-shinkin",
        "cooperative-banks/sendai-shinkin",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/shinkin-network-services",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenshin-kyo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-cooperative-banking-unified-federation-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kitakyushu-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/kyoto-chuo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/nagoya-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/sapporo-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/sendai-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-network-services",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6214,
      "word_like_tokens": 810,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/tama-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/tama-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/tama-shinkin.md",
      "title": "多摩信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 城南信用金庫 for peer / contrast context (multi-ku Tokyo 23 vs Tama region) inside the Tokyo shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supe",
      "headings": [
        "多摩信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/asahi-shinkin",
        "cooperative-banks/johoku-shinkin",
        "cooperative-banks/jonan-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/asahi-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/johoku-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/jonan-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3538,
      "word_like_tokens": 529,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/tokyo-shobo-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/tokyo-shobo-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/tokyo-shobo-shinkumi.md",
      "title": "東京消防信用組合 (Tokyo Fire Department Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the 東京消防庁職員 occupation-based shinkumi anchor, completing the Tokyo emergency/civil-service shinkumi trio with 警視庁職員信用組合 (police) and 東京都職員信用組合 (metropolitan civil servant) within the 143-cooperative population catalogued in Japan credit cooperative re",
      "headings": [
        "東京消防信用組合 (Tokyo Fire Department Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "東京都内 emergency/civil-servant 職域信組三巨頭 (registry比較)",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI (確定値)",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/keishicho-shinkumi",
        "cooperative-banks/tokyo-to-shokuin-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/keishicho-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-to-shokuin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [
        "https://www.shoubou.co.jp/profile/report.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4894,
      "word_like_tokens": 733,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/tokyo-to-shokuin-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/tokyo-to-shokuin-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/tokyo-to-shokuin-shinkumi.md",
      "title": "東京都職員信用組合 (Tokyo Metropolitan Government Employees Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as the largest 自治体職員 (local government employee) shinkumi in Japan, complementing peer 職域 (occupation-based) shinkumi like 警視庁職員信用組合 (police) and 東京消防信用組合 (fire dept) within the 143-cooperative population catalogued in Japan credit cooperative registry.",
      "headings": [
        "東京都職員信用組合 (Tokyo Metropolitan Government Employees Credit Cooperative)",
        "Wiki route",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI",
        "6. 監督・規制",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/iwaki-shinkumi",
        "cooperative-banks/keishicho-shinkumi",
        "cooperative-banks/tokyo-shobo-shinkumi",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/iwaki-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/keishicho-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/tokyo-shobo-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4241,
      "word_like_tokens": 654,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/yokohama-kogin-shinkumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/yokohama-kogin-shinkumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/yokohama-kogin-shinkumi.md",
      "title": "横浜幸銀信用組合 (Yokohama Kogin Credit Cooperative)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX as a 首都圏 (Kanagawa) ethnic-business shinkumi anchor within the 143-cooperative population catalogued in Japan credit cooperative registry. Read it against 大阪商銀信用組合 for the Kansai counterpart in the Korean-business shinkumi network and 全信組連 for the cooper",
      "headings": [
        "横浜幸銀信用組合 (Yokohama Kogin Credit Cooperative)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "組合員資格 ^[extracted]",
        "関東神奈川信組ブロック (registry比較)",
        "全信組連内の位置付け",
        "主要業務 ^[extracted]",
        "5. KPI (公式組合概要)",
        "6. 監督・規制"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/hana-shinkumi",
        "cooperative-banks/osaka-shogin-shinkumi",
        "cooperative-banks/yokohama-shinkin",
        "cooperative-banks/zenshin-kumi",
        "financial-regulators/dic",
        "regional-banks/concordia-fg",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/hana-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/osaka-shogin-shinkumi",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [
        "https://www.yokohamakougin.co.jp/disclosure/index.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5078,
      "word_like_tokens": 746,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "cooperative-banks/yokohama-shinkin.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/yokohama-shinkin.md",
      "title": "横浜信用金庫",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks index. Read it against 川崎信用金庫 for peer / contrast context inside the Kanagawa shinkin block, Japan shinkin bank registry for the system landscape, 信金中央金庫 for the cooperative central institution above it, and the FSA for the supervisory / licensing boundary ove",
      "headings": [
        "横浜信用金庫",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Institution-type business model",
        "3. System & regulatory positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/kawasaki-shinkin",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/kawasaki-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3480,
      "word_like_tokens": 508,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "cooperative-banks/zenshin-kumi.md",
      "url": "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cooperative-banks/zenshin-kumi.md",
      "title": "全国信用協同組合連合会 (全信組連)",
      "domain": "cooperative-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under cooperative-banks INDEX. Read it against 信金中央金庫 (Shinkin Central Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "全国信用協同組合連合会 (全信組連)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態の位置付け",
        "会員信組の特徴",
        "4 本柱",
        "信用組合システム共同センター",
        "信用組合 ATM ネットワーク",
        "3. 沿革"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "cooperative-banks/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4245,
      "word_like_tokens": 620,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "corporate-strategy/INDEX.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/INDEX.md",
      "title": "Corporate strategy domain",
      "domain": "corporate-strategy",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes tax-driven corporate-restructuring strategy in Japan — anchored on the partial spinoff tax deferral (パーシャルスピンオフ税制) regime, the 2023 reform that lets a parent retain a minority stake in a spun-off subsidiary while still qualifying for tax-deferred treatment, and now spanning the ad",
      "headings": [
        "Corporate strategy domain",
        "TL;DR",
        "Entries",
        "Start here",
        "Expansion rules",
        "Related domains",
        "Backlog",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "business/INDEX",
        "business/gmo-internet-group",
        "corporate-strategy/japan-business-succession-jigyou-shoukei\\",
        "corporate-strategy/japan-gappei-merger-regime",
        "corporate-strategy/japan-gappei-merger-regime\\",
        "corporate-strategy/japan-group-tsusan-consolidated-tax-regime",
        "corporate-strategy/japan-group-tsusan-consolidated-tax-regime\\",
        "corporate-strategy/japan-holding-company-conversion\\",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime\\",
        "corporate-strategy/japan-kabushiki-koukan-iten-regime\\",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime\\",
        "corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "corporate-strategy/kabushiki-koufu-stock-distribution-regime\\",
        "corporate-strategy/spinoff-decision-tree-japan",
        "corporate-strategy/spinoff-decision-tree-japan\\",
        "corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case",
        "corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case\\",
        "finance/INDEX",
        "finance/japan-tender-offer-process\\",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/corporate-strategy/japan-gappei-merger-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-group-tsusan-consolidated-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8920,
      "word_like_tokens": 1429,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "corporate-strategy/japan-business-succession-jigyou-shoukei.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/japan-business-succession-jigyou-shoukei",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-business-succession-jigyou-shoukei.md",
      "title": "事業承継 (jigyou shoukei) — Japan business-succession framework and 事業承継税制 inheritance / gift-tax deferral (法人版 / 個人版)",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the deal-side overlay. It covers the owner-transition problem that sits behind much Japanese restructuring. Read it with holding-company conversion (a common pre-succession reorganization), 会社分割 tax regime for carving a",
      "headings": [
        "事業承継 (jigyou shoukei) — Japan business-succession framework and 事業承継税制 inheritance / gift-tax deferral (法人版 / 個人版)",
        "Wiki route",
        "TL;DR",
        "1. The Succession Problem and the Three Routes",
        "2. 法人版事業承継税制 (Corporate Version)",
        "一般措置 vs 特例措置",
        "Eligibility skeleton (high level)",
        "Filing-window timing (FY2026 reform)",
        "3. 個人版事業承継税制 (Individual Version)",
        "4. Reorganization Often Precedes Succession"
      ],
      "wikilinks": [
        "INDEX",
        "business/japan-listed-corp-strategic-restructuring-matrix",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-holding-company-conversion",
        "corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "corporate-strategy/spinoff-decision-tree-japan",
        "finance/INDEX",
        "finance/japan-acquisition-finance",
        "finance/japan-leveraged-buyout-economics",
        "finance/japan-mbo-and-squeeze-out-process",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/japan-listed-corp-strategic-restructuring-matrix",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-holding-company-conversion",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10690,
      "word_like_tokens": 1770,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "corporate-strategy/japan-gappei-merger-regime.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/japan-gappei-merger-regime",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-gappei-merger-regime.md",
      "title": "合併 (Japan corporate merger) — 吸収合併 / 新設合併 mechanics, 適格合併 tax treatment, and the triangular-merger variant",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the deal-finance overlay. Merger is the combination-side counterpart to the separation-side 会社分割 (company split); both run on the same 適格 / 非適格 tax axis. Read it with 株式交換 / 株式移転 regime for the share-side route to 100%",
      "headings": [
        "合併 (Japan corporate merger) — 吸収合併 / 新設合併 mechanics, 適格合併 tax treatment, and the triangular-merger variant",
        "Wiki route",
        "TL;DR",
        "1. 吸収合併 vs 新設合併 — the Two Forms",
        "2. Universal Succession (包括承継) — Why Merger Is \"Clean\"",
        "3. Tax Axis — 適格合併 vs 非適格合併",
        "適格合併 test scenarios",
        "Consequences",
        "4. The Triangular Merger (三角合併) Variant",
        "5. Where Merger Sits Among the Reorganization Tools"
      ],
      "wikilinks": [
        "INDEX",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-holding-company-conversion",
        "corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "corporate-strategy/spinoff-decision-tree-japan",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/jftc-merger-control-process",
        "securities/japan-ipo-listing-disclosure-route"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-holding-company-conversion",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/jftc-merger-control-process",
        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13410,
      "word_like_tokens": 2174,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "corporate-strategy/japan-group-tsusan-consolidated-tax-regime.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/japan-group-tsusan-consolidated-tax-regime",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-group-tsusan-consolidated-tax-regime.md",
      "title": "グループ通算制度 (Japan group tax-sharing regime) — the 2022 successor to 連結納税, loss-offsetting in wholly-owned groups, and its interaction with restructuring",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the group-capital overlay. It covers the ongoing group-tax regime that becomes a live design factor the moment a group sits under a parent — so read it directly after holding-company conversion (which creates the parent",
      "headings": [
        "グループ通算制度 (Japan group tax-sharing regime) — the 2022 successor to 連結納税, loss-offsetting in wholly-owned groups, and its interaction with restructuring",
        "Wiki route",
        "TL;DR",
        "1. Why a Group-Tax Regime Exists",
        "2. 連結納税 → グループ通算 — What the 2022 Reform Changed",
        "3. グループ法人税制 vs グループ通算制度 — Two Layers, Don't Confuse Them",
        "4. How 損益通算 Works (High Level)",
        "5. Interaction with Restructuring — Where This Domain Cares",
        "6. Why It Sits in Corporate Strategy, Not Just Tax",
        "7. Counterpoints and Caveats"
      ],
      "wikilinks": [
        "INDEX",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-gappei-merger-regime",
        "corporate-strategy/japan-holding-company-conversion",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "corporate-strategy/spinoff-decision-tree-japan",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-gappei-merger-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-holding-company-conversion",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11063,
      "word_like_tokens": 1925,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "corporate-strategy/japan-holding-company-conversion.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/japan-holding-company-conversion",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-holding-company-conversion.md",
      "title": "持株会社化 (Japan holding-company conversion) — 株式移転 / 株式交換 / 会社分割 (抜け殻方式) routes to pure and operating HoldCo structures",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the group-capital overlay. It is a structure-selection guide, not a regime page: it picks among the regimes documented in 株式交換 / 株式移転 regime and 会社分割 tax regime. Read it alongside the spinoff decision tree for the dives",
      "headings": [
        "持株会社化 (Japan holding-company conversion) — 株式移転 / 株式交換 / 会社分割 (抜け殻方式) routes to pure and operating HoldCo structures",
        "Wiki route",
        "TL;DR",
        "1. Pure vs Operating Holding Company",
        "2. The Three Conversion Methods",
        "Method A — 株式移転 (share transfer): build a new roof",
        "Method B — 株式交換 (share exchange): point an existing company upward",
        "Method C — 会社分割 (抜け殻方式 / shell method): hollow out the operating company",
        "3. Method-Selection Matrix",
        "4. Tax Layer — 適格 Treatment Carries Through"
      ],
      "wikilinks": [
        "INDEX",
        "business/japan-listed-corp-strategic-restructuring-matrix",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-business-succession-jigyou-shoukei",
        "corporate-strategy/japan-kabushiki-koukan-iten-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
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        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-koukan-iten-regime",
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        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
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        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime.md",
      "title": "株式分配 (kabushiki bunpai) — Japan share-distribution / pure spin-off regime (適格株式分配) and how it differs from パーシャルスピンオフ",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the capital-markets overlay. It is the distribution-side spin-off mechanism — the in-kind dividend that delivers subsidiary shares to a parent's own shareholders. It now also absorbs the パーシャルスピンオフ (partial spin-off, re",
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        "TL;DR",
        "1. Two Faces of a Spin-off in Japanese Tax Law",
        "2. What \"株式分配\" Means Precisely",
        "3. 適格株式分配 — the Qualified Tests",
        "4. Tax Consequences — Qualified vs Non-Qualified",
        "5. 株式分配 vs パーシャルスピンオフ vs 会社分割 — the Confusion Settled",
        "6. パーシャルスピンオフ — partial spin-off (2023 special measure)",
        "6.1 制度構造 (regime essentials)"
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        "finance/japan-acquisition-finance",
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        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-business-succession-jigyou-shoukei",
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        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-kabushiki-koukan-iten-regime.md",
      "title": "株式交換 / 株式移転 (kabushiki koukan / iten) — share-exchange and share-transfer regime for wholly-owned subsidiary and holding-company formation",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
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      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the transaction-finance overlay. Read it with 株式交付 regime for the partial-control sibling (the third share-side regime), 会社分割 tax regime for the asset-level contrast, spinoff decision tree for option-set placement, and",
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        "株式交換 / 株式移転 (kabushiki koukan / iten) — share-exchange and share-transfer regime for wholly-owned subsidiary and holding-company formation",
        "Wiki route",
        "TL;DR",
        "1. The Two Mechanisms Side by Side",
        "2. 株式交換 — Share Exchange in Detail",
        "3. 株式移転 — Share Transfer in Detail",
        "4. Tax Axis — 適格 vs 非適格",
        "Qualified-test scenarios",
        "Consequences",
        "5. Where It Sits Among the Share-Side Regimes"
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        "corporate-strategy/spinoff-decision-tree-japan",
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        "finance/cross-border-m-a-japan",
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        "finance/japan-listed-financial-groups-investable-universe",
        "finance/japan-mbo-and-squeeze-out-process",
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        "securities/japan-ipo-listing-disclosure-route"
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        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
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        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
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        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/japan-kaisha-bunkatsu-tax-regime.md",
      "title": "会社分割 (Japan corporate split) — 吸収 / 新設 split types, 適格 tax regime, and employee succession",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the transaction-finance overlay. Read with partial spinoff tax deferral for the comparison to distribution-type spinoffs, Japan MBO / squeeze-out process for the contrast with private take-out routes, and Japan tender o",
      "headings": [
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        "Wiki route",
        "TL;DR",
        "Two-Axis Structural Map",
        "吸収分割 (absorption-type, Companies Act art. 757-766)",
        "新設分割 (incorporation-type, Companies Act art. 762-766)",
        "Tax Axis — 適格 vs 非適格",
        "適格分割 tests (simplified)",
        "非適格分割 consequences",
        "適格分割 consequences"
      ],
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        "finance/japan-ib-league-table",
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        "finance/japan-tender-offer-process",
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    {
      "source_path": "corporate-strategy/kabushiki-koufu-stock-distribution-regime.md",
      "url": "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/kabushiki-koufu-stock-distribution-regime.md",
      "title": "株式交付 (kabushiki koufu) — share-for-share acquisition regime under Japanese Companies Act 2021 revision",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for transaction-finance context. Read with 会社分割 tax regime for the contrast against split-mechanism reorganizations, partial spinoff tax deferral for the distribution-side parallel, spinoff decision tree Japan for option-se",
      "headings": [
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        "1. Why The 2021 Regime Was Created",
        "2. Mechanism",
        "3. Comparison Of Three Share-Side Reorganization Regimes",
        "4. Tax Treatment Mechanics",
        "5. Practical Use Cases",
        "6. Procedural Requirements",
        "7. Comparison With TOB-Plus-Squeeze-Out Path"
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        "corporate-strategy/spinoff-decision-tree-japan",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/spinoff-decision-tree-japan.md",
      "title": "Spinoff decision tree Japan — 株式分配 vs パーシャルスピンオフ vs 会社分割 vs IPO partial sell-down option selection",
      "domain": "corporate-strategy",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for transaction context. Read with partial spinoff tax deferral for the partial-spinoff regime detail, 会社分割 tax regime for the underlying split mechanics, 株式交付 regime for the acquisition-side parallel, and Sony FG partial s",
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        "Wiki route",
        "TL;DR",
        "1. The Decision Tree",
        "2. Decision Matrix",
        "3. When To Use Each Path — Strategic Decision Criteria",
        "Use 株式譲渡 (cash sale) when:",
        "Use 株式分配 (full spinoff) when:",
        "Use パーシャルスピンオフ when:",
        "Use IPO partial sell-down when:"
      ],
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        "business/toshiba-tob-squeeze-out-2023-2024-case",
        "corporate-strategy/INDEX",
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        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
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        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
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      "source_path": "corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/corporate-strategy/toshiba-tob-squeeze-out-2023-2024-case.md",
      "title": "Toshiba TOB by JIP consortium 2023-2024 case — Japan large-cap going-private squeeze-out template",
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      "summary": "This entry sits under corporate-strategy INDEX and routes into finance INDEX for the transaction-finance overlay. Read with Japan MBO / squeeze-out process for the procedural mechanics, Japan tender offer process for the TOB framework, spinoff decision tree Japan for the alternative-path context, an",
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        "Toshiba TOB by JIP consortium 2023-2024 case — Japan large-cap going-private squeeze-out template",
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        "TL;DR",
        "1. Pre-Crisis Context (2015-2022)",
        "2. The 2023 TOB Architecture",
        "3. Why TOB Take-Private Was Chosen Over Alternatives",
        "4. Squeeze-Out Mechanics",
        "5. Post-Private Restructuring Runway",
        "6. Comparison Of Recent Japan Large-Cap Going-Private Cases",
        "7. The Activist-Resolution Template"
      ],
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        "business/rakuten-group-mobile-finance-bundling-case",
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        "corporate-strategy/INDEX",
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        "https://finwiki.zksc.io/corporate-strategy/kabushiki-koufu-stock-distribution-regime",
        "https://finwiki.zksc.io/corporate-strategy/spinoff-decision-tree-japan",
        "https://finwiki.zksc.io/finance/INDEX",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/cross-domain-anchor-convention.md",
      "title": "Cross-Domain Anchor Convention · FinWiki 跨领域实体页面归属约定",
      "domain": "root",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits at FinWiki root next to SCHEMA and INDEX. Read it together with entity mirror-page policy for parallel-page rules, domain bridge navigation guide for the reader-facing flow, and frontmatter canonical_anchor proposal for the forward-looking machine-readable extension.",
      "headings": [
        "Cross-Domain Anchor Convention · FinWiki 跨领域实体页面归属约定",
        "Wiki route",
        "1. Why this matters",
        "2. Canonical anchor designation rule",
        "3. Worked examples",
        "4. When the canonical anchor sits in fintech but the entity is also a Japan-regulated operator",
        "5. When to create a mirror page instead of a cross-link",
        "6. Frontmatter alignment for cross-domain entities",
        "7. Reciprocal cross-link rule",
        "8. Common anti-patterns to avoid"
      ],
      "wikilinks": [
        "AGENTS",
        "INDEX",
        "SCHEMA",
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        "business/jamie-dimon-anti-crypto-pivot-case\\",
        "domain-bridge-navigation-guide",
        "domain/INDEX",
        "domain/slug",
        "entity-mirror-page-policy",
        "fintech/circle-usdc-stablecoin",
        "fintech/circle-usdc-stablecoin\\",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/jpm-onyx-wholesale-network\\",
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        "fintech/jpmorgan-jpmd-coin\\",
        "fintech/stripe-usdb-bridge-stablecoin",
        "fintech/stripe-usdb-bridge-stablecoin\\",
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        "foreign-financial-institutions/jpmorgan-japan\\",
        "frontmatter-canonical-anchor-field-proposal",
        "insurance/saison-automobile-fire",
        "insurance/saison-automobile-fire\\",
        "non-life-insurers/saison-automobile-fire-insurance",
        "non-life-insurers/saison-automobile-fire-insurance\\",
        "topic-cluster-reference",
        "wiki-link-improvement-plan"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/AGENTS",
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        "https://finwiki.zksc.io/SCHEMA",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/domain-bridge-navigation-guide",
        "https://finwiki.zksc.io/entity-mirror-page-policy",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/stripe-usdb-bridge-stablecoin",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/frontmatter-canonical-anchor-field-proposal",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/topic-cluster-reference",
        "https://finwiki.zksc.io/wiki-link-improvement-plan"
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    {
      "source_path": "derivatives/INDEX.md",
      "url": "https://finwiki.zksc.io/derivatives/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/INDEX.md",
      "title": "Derivatives Index",
      "domain": "derivatives",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes derivatives knowledge: how Japan's yen interest-rate swap (IRS), OIS, JGB futures, cross-currency basis swap, CDS, FX-option, and equity-volatility markets are structured; who the dealers and end-users are; and how clearing, regulation, and policy interact with pricing.",
      "headings": [
        "Derivatives Index",
        "TL;DR",
        "Scope",
        "Start Here",
        "Routing",
        "Market Layer Map",
        "Related domains",
        "JapanFG anchors",
        "Research Control",
        "Backlog"
      ],
      "wikilinks": [
        "JapanFG/INDEX",
        "banking/INDEX",
        "banking/japan-banking-license-tier-comparison-matrix",
        "derivatives/bond-cds-basis-trade",
        "derivatives/corporate-fx-hedge-instruments",
        "derivatives/equity-options-ose",
        "derivatives/itraxx-japan-index",
        "derivatives/japan-cds-market-overview",
        "derivatives/japan-fx-options-market",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/japan-otc-derivative-market-overview",
        "derivatives/japan-structured-bonds",
        "derivatives/jgb-futures-curve",
        "derivatives/nikkei-vix-and-volatility",
        "derivatives/non-deliverable-forward-jpy-asia",
        "derivatives/ois-tona-curve",
        "derivatives/yen-basis-swap-market",
        "exchanges/INDEX",
        "finance/INDEX",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/japan-securities-finance",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "money-market/tanshi-company-business-model",
        "securities/INDEX",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/japan-otc-derivative-market-overview",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
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        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp"
      ],
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    {
      "source_path": "derivatives/basis-trade-bond-cds-japan.md",
      "url": "https://finwiki.zksc.io/derivatives/basis-trade-bond-cds-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/basis-trade-bond-cds-japan.md",
      "title": "Bond-CDS basis trade Japan",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japan bond-CDS basis is the spread between a corporate's CDS protection cost and its cash bond's credit spread over the swap or JGB benchmark curve at matched tenor. Negative basis (CDS < bond spread) historically attracted long-cash-short-CDS trades that lock in a \"free\" carry net of funding co",
      "headings": [
        "Bond-CDS basis trade Japan",
        "TL;DR",
        "Wiki route",
        "Definition",
        "Why basis is not zero",
        "Structure",
        "P&L decomposition",
        "Required holding period",
        "Funding cost considerations",
        "Repo-availability constraints"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/cds-japan-corporate-spread-mechanics",
        "derivatives/cross-currency-basis-swap-japan",
        "derivatives/japan-cds-market-overview",
        "derivatives/japan-irs-market",
        "derivatives/structured-bond-japan-retail-issuance",
        "derivatives/structured-product-eb-knockin-japan-retail",
        "derivatives/yen-basis-swap-market",
        "finance/INDEX",
        "finance/japan-convertible-bond-mechanics",
        "finance/japan-cross-shareholding-unwinding-economics",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "securities/japan-prime-brokerage-and-institutional-financing"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/cds-japan-corporate-spread-mechanics",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/structured-bond-japan-retail-issuance",
        "https://finwiki.zksc.io/derivatives/structured-product-eb-knockin-japan-retail",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-convertible-bond-mechanics",
        "https://finwiki.zksc.io/finance/japan-cross-shareholding-unwinding-economics",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing"
      ],
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    {
      "source_path": "derivatives/cds-japan-corporate-spread-mechanics.md",
      "url": "https://finwiki.zksc.io/derivatives/cds-japan-corporate-spread-mechanics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/cds-japan-corporate-spread-mechanics.md",
      "title": "Japan corporate CDS spread mechanics",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan corporate CDS spread is the running-basis-point premium a protection buyer pays to a protection seller in exchange for default-contingent payment on a reference Japanese listed corporate. The spread decomposes into a credit risk premium (a function of expected default probability and assumed r",
      "headings": [
        "Japan corporate CDS spread mechanics",
        "TL;DR",
        "Wiki route",
        "Building blocks",
        "Risk-neutral default probability",
        "Recovery rate assumption",
        "Credit events under 2014 ISDA Definitions",
        "Bankruptcy",
        "Failure to pay",
        "Restructuring (and variants)"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/basis-trade-bond-cds-japan",
        "derivatives/cross-currency-basis-swap-japan",
        "derivatives/japan-cds-market-overview",
        "derivatives/japan-irs-market",
        "derivatives/structured-bond-japan-retail-issuance",
        "derivatives/structured-product-eb-knockin-japan-retail",
        "derivatives/yen-basis-swap-market",
        "finance/INDEX",
        "finance/japan-convertible-bond-mechanics",
        "finance/japan-cross-shareholding-unwinding-economics",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "securities/japan-prime-brokerage-and-institutional-financing"
      ],
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/basis-trade-bond-cds-japan",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/structured-bond-japan-retail-issuance",
        "https://finwiki.zksc.io/derivatives/structured-product-eb-knockin-japan-retail",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-convertible-bond-mechanics",
        "https://finwiki.zksc.io/finance/japan-cross-shareholding-unwinding-economics",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing"
      ],
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    },
    {
      "source_path": "derivatives/corporate-fx-hedge-policy-japan-listed.md",
      "url": "https://finwiki.zksc.io/derivatives/corporate-fx-hedge-policy-japan-listed",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/corporate-fx-hedge-policy-japan-listed.md",
      "title": "Corporate FX hedge policy at Japan listed companies",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A Japan-listed corporate FX hedge policy is the board-approved framework that translates a company's foreign-currency exposure into a disciplined hedging program using forwards, NDFs, options, and cross-currency swaps. The policy answers four operative questions: what to hedge, how far out to hedge,",
      "headings": [
        "Corporate FX hedge policy at Japan listed companies",
        "TL;DR",
        "Wiki route",
        "Why hedge at all",
        "Hedge ratio by tenor",
        "Hedge instrument mix",
        "Layered / rolling hedge programs",
        "Hedge-accounting designation",
        "Embedded derivative disclosure",
        "Common embedded-derivative scenarios"
      ],
      "wikilinks": [
        "derivatives/INDEX",
        "derivatives/cross-currency-basis-swap-japan",
        "derivatives/fx-options-japan-corporate-treasury",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/jgb-futures-curve",
        "derivatives/ois-tona-curve",
        "derivatives/yen-basis-swap-market",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
        "https://finwiki.zksc.io/derivatives/fx-options-japan-corporate-treasury",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
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    {
      "source_path": "derivatives/cross-currency-basis-swap-japan.md",
      "url": "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/cross-currency-basis-swap-japan.md",
      "title": "Cross-currency basis swap (Japan focus)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A cross-currency basis swap (CCBS) is an OTC derivative in which two counterparties exchange floating-rate interest payments in two different currencies, with the principal also exchanged at inception and re-exchanged at maturity. The \"basis\" is the spread quoted on one leg (conventionally the non-U",
      "headings": [
        "Cross-currency basis swap (Japan focus)",
        "TL;DR",
        "Wiki route",
        "Mechanics",
        "Notional, collateral, and credit exchanges",
        "Why the basis deviates from zero",
        "JPY-USD vs EUR-USD basis dynamics",
        "Term-structure of basis",
        "Year-end / quarter-end widening",
        "Central bank swap lines"
      ],
      "wikilinks": [
        "derivatives/INDEX",
        "derivatives/corporate-fx-hedge-policy-japan-listed",
        "derivatives/fx-options-japan-corporate-treasury",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/jgb-futures-curve",
        "derivatives/ois-tona-curve",
        "derivatives/yen-basis-swap-market",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/derivatives/corporate-fx-hedge-policy-japan-listed",
        "https://finwiki.zksc.io/derivatives/fx-options-japan-corporate-treasury",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
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      "last_modified": "2026-06-04"
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    {
      "source_path": "derivatives/dealer-bank-derivatives-revenue-mix.md",
      "url": "https://finwiki.zksc.io/derivatives/dealer-bank-derivatives-revenue-mix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/dealer-bank-derivatives-revenue-mix.md",
      "title": "Dealer bank derivatives revenue mix — Japan megabanks and foreign IBs",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The dealer-bank derivatives franchise in Japan is split across three structural tiers, each with a distinct revenue mix between rates, FX, equity, and credit derivatives:",
      "headings": [
        "Dealer bank derivatives revenue mix — Japan megabanks and foreign IBs",
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      "title": "Equity volatility hedging by Japan corporates",
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      "summary": "Japan corporates use equity-volatility hedging in four structurally distinct contexts, each with a different dealer-bank franchise relationship and a different regulatory boundary:",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/fx-options-japan-corporate-treasury.md",
      "title": "FX options for Japan corporate treasury",
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      "summary": "FX options are the non-linear, premium-priced layer of Japan corporate FX hedging. Where a forward locks the rate completely, an option offers protection against an adverse move while preserving upside, in exchange for an upfront premium (or, in zero-cost structures, embedded conditional risk). The",
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        "TL;DR",
        "Wiki route",
        "Vanilla call / put",
        "Straddle / strangle",
        "Risk reversal",
        "Knock-out forward",
        "Knock-in option",
        "Target redemption forward (TRF)",
        "Accumulator / decumulator"
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        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/japan-money-market",
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        "securities-firms/gmo-click-securities",
        "securities-firms/sbi-fx-trade"
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      "title": "FX STP and broker liquidity aggregation",
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      "summary": "STP (straight-through processing) and market-maker (B-book) models are the two basic ways a retail FX broker can handle client orders. Under STP / A-book, the broker passes the order to an external liquidity provider and earns markup or commission; under B-book, the broker warehouses the risk intern",
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        "Smart-order-router mechanics",
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        "Prime-of-prime model",
        "Japan retail FX broker connectivity"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/isda-2020-protocol-japan-implementation.md",
      "title": "ISDA 2020 IBOR Fallback Protocol — Japan implementation (TIBOR / TONA / JPY LIBOR)",
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      "summary": "The ISDA 2020 IBOR Fallback Protocol (formally \"ISDA 2020 IBOR Fallbacks Protocol,\" published October 2020, effective from 25 January 2021) is the multilateral contractual mechanism through which legacy IBOR-referencing derivatives — including JPY LIBOR — were automatically amended to incorporate ri",
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        "4. JPY LIBOR cessation timeline — the operational events",
        "5. TIBOR — the JPY rate that survived",
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        "7. The JSDA 2024 documentation update"
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      "summary": "The Japan credit default swap (CDS) market is a small but structurally important corner of the global credit derivatives universe. The dominant index reference is iTraxx Japan, the IHS Markit / S&P Global benchmark covering 50 investment-grade Japanese corporate names rolled every six months. Single",
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      "title": "Japan CMS (constant maturity swap) market",
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      "summary": "A constant maturity swap (CMS) is an OTC interest-rate derivative in which one leg pays a fixed reference (or a floating short-rate reference) and the other leg pays a periodically reset long-tenor swap rate — most commonly the 10Y or 5Y JPY swap rate at each reset date. The CMS leg's defining featu",
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        "Dealer Franchise",
        "Liquidity and Market Depth",
        "Clearing"
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      "title": "Japan equity derivatives product matrix",
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      "summary": "Japan's listed equity derivatives complex is concentrated on the Osaka Exchange (OSE) under the Japan Exchange Group (JPX) with clearing at JSCC. The product set spans Nikkei 225 futures (standard, mini, micro), Nikkei 225 options, TOPIX futures (standard and mini), TOPIX options, JPX-Nikkei Index 4",
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      "title": "Japan inflation swap market (JPY CPI-linked)",
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      "summary": "A JPY inflation swap is an OTC derivative in which one party pays a fixed rate and the other party pays a floating rate indexed to a Japanese Consumer Price Index (CPI) measure — most commonly the Statistics Bureau's CPI ex-fresh-food index (生鮮食品除く). The two principal structural forms are zero-coupo",
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      "title": "Japan yen interest-rate swap (IRS) market",
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      "summary": "The yen interest-rate swap (IRS) market is the OTC derivative venue in which two counterparties exchange a stream of fixed JPY-denominated interest payments for a stream of floating-rate JPY payments over a defined tenor. It is the dominant interest-rate-hedging instrument for Japanese banks, life i",
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        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/basis-trade-bond-cds-japan",
        "https://finwiki.zksc.io/derivatives/cds-japan-corporate-spread-mechanics",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
        "https://finwiki.zksc.io/derivatives/dealer-bank-derivatives-revenue-mix",
        "https://finwiki.zksc.io/derivatives/equity-volatility-hedging-corporates-japan",
        "https://finwiki.zksc.io/derivatives/fx-options-japan-corporate-treasury",
        "https://finwiki.zksc.io/derivatives/fx-stp-broker-aggregation",
        "https://finwiki.zksc.io/derivatives/isda-2020-protocol-japan-implementation",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/derivatives/japan-cms-constant-maturity-swap",
        "https://finwiki.zksc.io/derivatives/japan-equity-derivatives-product-matrix",
        "https://finwiki.zksc.io/derivatives/japan-inflation-swap",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/japan-rates-derivative-product-matrix",
        "https://finwiki.zksc.io/derivatives/japan-single-stock-options",
        "https://finwiki.zksc.io/derivatives/japan-swaption-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/otc-clearing-jp-trade-repository",
        "https://finwiki.zksc.io/derivatives/retail-fx-margin-trade-japan",
        "https://finwiki.zksc.io/derivatives/structured-bond-japan-retail-issuance",
        "https://finwiki.zksc.io/derivatives/structured-product-eb-knockin-japan-retail",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp"
      ],
      "markdown_links": [],
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      "entity_edges": [],
      "nonspace_chars": 8918,
      "word_like_tokens": 1320,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "derivatives/japan-rates-derivative-product-matrix.md",
      "url": "https://finwiki.zksc.io/derivatives/japan-rates-derivative-product-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/japan-rates-derivative-product-matrix.md",
      "title": "Japan rates derivative product matrix",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's yen-rates derivatives complex spans interest-rate swap (IRS) referencing TIBOR / TONA, overnight index swap (OIS) referencing TONA, JGB futures (10-year standard, 5-year, 20-year super-long, 10-year mini), JGB inflation-linked bond (JGBi) underlying for inflation swaps, swaption (option on y",
      "headings": [
        "Japan rates derivative product matrix",
        "TL;DR",
        "Wiki route",
        "Why a rates-derivative product matrix matters",
        "Product 1 — Yen IRS (TIBOR-floating)",
        "Product 2 — Yen OIS (TONA)",
        "Product 3 — JGB futures (10Y standard)",
        "Product 4 — JGB futures (5Y, 20Y super-long, 10Y mini)",
        "Product 5 — JGB inflation-linked bond (JGBi)",
        "Product 6 — Swaption (option on yen IRS)"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/cross-currency-basis-swap-japan",
        "derivatives/japan-cms-constant-maturity-swap",
        "derivatives/japan-inflation-swap",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/japan-swaption-market",
        "derivatives/jgb-futures-curve",
        "derivatives/jgb-inflation-linked-bond-jgbi",
        "derivatives/ois-tona-curve",
        "derivatives/yen-basis-swap-market",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "money-market/INDEX",
        "money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "securities/japan-securities-clearing-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
        "https://finwiki.zksc.io/derivatives/japan-cms-constant-maturity-swap",
        "https://finwiki.zksc.io/derivatives/japan-inflation-swap",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/japan-swaption-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/jgb-inflation-linked-bond-jgbi",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp"
      ],
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      "nonspace_chars": 19778,
      "word_like_tokens": 3359,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "derivatives/japan-single-stock-options.md",
      "url": "https://finwiki.zksc.io/derivatives/japan-single-stock-options",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/japan-single-stock-options.md",
      "title": "Japan single-stock options (OSE)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Single-stock options (個別証券オプション / Securities Options) on the Osaka Exchange (OSE) under Japan Exchange Group (JPX) are exchange-listed options on selected individual Japanese stocks. Despite OSE listing options on ~150 large-cap names at any time, the actual liquidity is structurally limited compare",
      "headings": [
        "Japan single-stock options (OSE)",
        "TL;DR",
        "Wiki route",
        "Contract Specifications",
        "Liquidity Reality",
        "Why Liquidity Is Limited (Structural Factors)",
        "OTC Single-Stock Options",
        "Post-2022 Issuer-Side Hedging Developments",
        "Clearing and Margin",
        "Comparison with US Single-Stock Options Depth"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/dealer-bank-derivatives-revenue-mix",
        "derivatives/equity-volatility-hedging-corporates-japan",
        "derivatives/nikkei-225-futures-options",
        "derivatives/nikkei-vix-jpx-vi-equivalent",
        "derivatives/retail-fx-margin-trade-japan",
        "derivatives/structured-bond-japan-retail-issuance",
        "derivatives/structured-product-eb-knockin-japan-retail",
        "derivatives/topix-futures",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-market-maker-and-liquidity-provider-landscape",
        "securities/japan-online-brokerage-competition",
        "securities/japan-prime-brokerage-and-institutional-financing",
        "securities/japan-securities-clearing-corp",
        "securities/osaka-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/dealer-bank-derivatives-revenue-mix",
        "https://finwiki.zksc.io/derivatives/equity-volatility-hedging-corporates-japan",
        "https://finwiki.zksc.io/derivatives/nikkei-225-futures-options",
        "https://finwiki.zksc.io/derivatives/nikkei-vix-jpx-vi-equivalent",
        "https://finwiki.zksc.io/derivatives/retail-fx-margin-trade-japan",
        "https://finwiki.zksc.io/derivatives/structured-bond-japan-retail-issuance",
        "https://finwiki.zksc.io/derivatives/structured-product-eb-knockin-japan-retail",
        "https://finwiki.zksc.io/derivatives/topix-futures",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-market-maker-and-liquidity-provider-landscape",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/osaka-exchange"
      ],
      "markdown_links": [],
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      "nonspace_chars": 10994,
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "derivatives/japan-swaption-market.md",
      "url": "https://finwiki.zksc.io/derivatives/japan-swaption-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/japan-swaption-market.md",
      "title": "Japan swaption (interest-rate option) market",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A swaption is an OTC interest-rate option granting the holder the right (but not the obligation) to enter into a defined interest-rate swap at a future date and at a pre-agreed strike rate. JPY swaptions are the volatility-sensitive complement to the JPY interest-rate swap and OIS-TONA markets, and",
      "headings": [
        "Japan swaption (interest-rate option) market",
        "TL;DR",
        "Wiki route",
        "Instrument Mechanics",
        "JPY Swaption Implied-Volatility Grid",
        "Payer vs Receiver Flow",
        "Bermudan Callable Swaptions",
        "Life-Insurer Variable-Annuity (GMxB) Hedging",
        "Dealer Franchise",
        "Clearing Status"
      ],
      "wikilinks": [
        "INDEX",
        "derivatives/INDEX",
        "derivatives/dealer-bank-derivatives-revenue-mix",
        "derivatives/japan-cms-constant-maturity-swap",
        "derivatives/japan-inflation-swap",
        "derivatives/japan-irs-market",
        "derivatives/jgb-futures-curve",
        "derivatives/ois-tona-curve",
        "derivatives/structured-bond-japan-retail-issuance",
        "derivatives/yen-basis-swap-market",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "megabanks/mufg-bank",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "securities/INDEX",
        "securities/japan-securities-clearing-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/dealer-bank-derivatives-revenue-mix",
        "https://finwiki.zksc.io/derivatives/japan-cms-constant-maturity-swap",
        "https://finwiki.zksc.io/derivatives/japan-inflation-swap",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/structured-bond-japan-retail-issuance",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp"
      ],
      "markdown_links": [],
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      "word_like_tokens": 1906,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "derivatives/jgb-futures-curve.md",
      "url": "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/jgb-futures-curve.md",
      "title": "JGB futures market and curve",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JGB futures are exchange-listed interest-rate derivatives on Japanese government bonds, traded on the Osaka Exchange (OSE) under the Japan Exchange Group (JPX). They include three principal contracts at standard size — 10-year, 5-year, and 20-year — plus a \"mini\" 10-year contract sized at one-tenth",
      "headings": [
        "JGB futures market and curve",
        "TL;DR",
        "Wiki route",
        "Contract Specifications",
        "Cheapest-to-Deliver (CTD)",
        "Basis Trade",
        "Settlement Cycle and JSCC Clearing",
        "OTC Repo Basis",
        "Hedge Fund and Dealer Activity",
        "BoJ JGB Control Impact"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/ois-tona-curve",
        "derivatives/yen-basis-swap-market",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "financial-regulators/japan-securities-finance",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "securities/INDEX",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp"
      ],
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    {
      "source_path": "derivatives/jgb-inflation-linked-bond-jgbi.md",
      "url": "https://finwiki.zksc.io/derivatives/jgb-inflation-linked-bond-jgbi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/jgb-inflation-linked-bond-jgbi.md",
      "title": "JGB inflation-linked bond (JGBi)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JGBi (物価連動国債, \"Japan Government Bond Inflation-Indexed\") is the inflation-linked variant of the Japanese Government Bond (JGB), issued by the Ministry of Finance (MoF) with principal indexed to the Japan CPI ex-fresh-food index. JGBi was first issued in March 2004; issuance was paused in 2008 amid t",
      "headings": [
        "JGB inflation-linked bond (JGBi)",
        "TL;DR",
        "Wiki route",
        "Issuance History",
        "Auction and Reopening Mechanics",
        "Deflation Floor",
        "Foreign Investor Share",
        "Breakeven Inflation Rate Signal",
        "BoJ Holdings",
        "JGBi vs JGB Cash Market Liquidity"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "derivatives/INDEX",
        "derivatives/japan-inflation-swap",
        "derivatives/japan-irs-market",
        "derivatives/japan-swaption-market",
        "derivatives/jgb-futures-curve",
        "derivatives/jgb-special-participants-primary-dealer",
        "derivatives/ois-tona-curve",
        "insurance/japan-life-insurance-alm-overview",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "securities/INDEX",
        "securities/japan-asset-manager-landscape-matrix",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/derivatives/INDEX",
        "https://finwiki.zksc.io/derivatives/japan-inflation-swap",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/japan-swaption-market",
        "https://finwiki.zksc.io/derivatives/jgb-futures-curve",
        "https://finwiki.zksc.io/derivatives/jgb-special-participants-primary-dealer",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center"
      ],
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    {
      "source_path": "derivatives/jgb-special-participants-primary-dealer.md",
      "url": "https://finwiki.zksc.io/derivatives/jgb-special-participants-primary-dealer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/jgb-special-participants-primary-dealer.md",
      "title": "JGB Special Participants (Japan primary dealer system)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The JGB Special Participants system (国債市場特別参加者制度) is Japan's primary dealer regime: a Ministry of Finance (MoF)-administered framework under which a defined set of financial institutions are recognized as the principal counterparties to MoF JGB auctions in exchange for accepting bid-and-make-market",
      "headings": [
        "JGB Special Participants (Japan primary dealer system)",
        "TL;DR",
        "Wiki route",
        "System Overview",
        "List Composition (Typical)",
        "Obligations of Special Participants",
        "Benefits of Special Participant Status",
        "Auction Mechanics in the JGB System",
        "Comparison with US Primary Dealer System",
        "Comparison with UK GEMM System"
      ],
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        "banking/INDEX",
        "banking/japan-banking-license-tier-comparison-matrix",
        "derivatives/INDEX",
        "derivatives/japan-inflation-swap",
        "derivatives/japan-irs-market",
        "derivatives/japan-swaption-market",
        "derivatives/jgb-futures-curve",
        "derivatives/jgb-inflation-linked-bond-jgbi",
        "derivatives/ois-tona-curve",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "money-market/tanshi-company-business-model",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/japan-underwriting-market-structure"
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      "source_path": "derivatives/nikkei-225-futures-options.md",
      "url": "https://finwiki.zksc.io/derivatives/nikkei-225-futures-options",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/nikkei-225-futures-options.md",
      "title": "Nikkei 225 futures and options (OSE)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
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      "summary": "The Nikkei 225 futures and options complex listed on the Osaka Exchange (OSE) under Japan Exchange Group (JPX) is the largest exchange-traded derivative product set in Japan by daily turnover and the canonical hedge instrument for Japanese equity-beta exposure. The complex contains three principal c",
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        "Nikkei 225 futures and options (OSE)",
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        "Wiki route",
        "Contract Specifications",
        "Trading Hours: OSE Day, OSE Night, and CME Globex",
        "Mini and Micro: The Retail Layer",
        "Weekly Options",
        "Participant Mix",
        "Comparison with Other Nikkei-Linked Products",
        "Comparison with TOPIX Futures and JPX-Prime 150"
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        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mufg-bank",
        "securities/INDEX",
        "securities/japan-market-infrastructure-map",
        "securities/japan-market-maker-and-liquidity-provider-landscape",
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        "securities/japan-securities-clearing-corp",
        "securities/osaka-exchange"
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      "url": "https://finwiki.zksc.io/derivatives/nikkei-vix-jpx-vi-equivalent",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/nikkei-vix-jpx-vi-equivalent.md",
      "title": "Nikkei VIX / JPX-VI — Japan equity volatility index",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JPX-VI matters because it is the only publicly disseminated, exchange-published measure of Japan-equity implied volatility — used by domestic asset managers for risk-overlay sizing, by foreign macro funds as the \"fear gauge\" for Japan equity beta, and by structured-product desks as the input to vola",
      "headings": [
        "Nikkei VIX / JPX-VI — Japan equity volatility index",
        "TL;DR",
        "Wiki route",
        "Why JPX-VI matters",
        "Index methodology",
        "Term structure",
        "Comparison to CBOE VIX",
        "ETF and ETN products",
        "Mean reversion and BOJ events",
        "Use cases by client type"
      ],
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        "derivatives/INDEX",
        "derivatives/dealer-bank-derivatives-revenue-mix",
        "derivatives/equity-volatility-hedging-corporates-japan",
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        "derivatives/otc-clearing-jp-trade-repository",
        "derivatives/swap-execution-facility-japan",
        "finance/japan-cross-shareholding-unwinding-economics",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-regulators/japan-exchange-group",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "securities-firms/daiwa-sg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/mizuho-securities",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "securities/japan-best-execution-sor-pts",
        "securities/japan-market-infrastructure-map",
        "securities/japan-prime-brokerage-and-institutional-financing-matrix",
        "securities/japan-securities-clearing-corp",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
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        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
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        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
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        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
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      "source_path": "derivatives/ois-tona-curve.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/ois-tona-curve.md",
      "title": "OIS TONA curve and JPY discounting",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A JPY overnight indexed swap (OIS) is an OTC interest-rate derivative in which one party pays a fixed rate over a defined tenor and the counterparty pays the geometric (compounded) average of the daily Tokyo Overnight Average Rate (TONA) over the same period. TONA is the BoJ-published volume-weighte",
      "headings": [
        "OIS TONA curve and JPY discounting",
        "TL;DR",
        "Wiki route",
        "TONA — The Underlying Rate",
        "Post-LIBOR Transition",
        "BoJ Policy-Rate Transmission",
        "OIS Curve Construction",
        "Swap-Rate Discount Curve for JPY-IRS",
        "Market Depth and Liquidity",
        "Dealer Makers"
      ],
      "wikilinks": [
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        "banking/japan-banking-license-tier-comparison-matrix",
        "derivatives/INDEX",
        "derivatives/japan-interest-rate-derivatives-overview",
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        "derivatives/jgb-futures-curve",
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        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "money-market/tanshi-company-business-model",
        "securities/INDEX",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
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        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
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      "source_path": "derivatives/otc-clearing-jp-trade-repository.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/otc-clearing-jp-trade-repository.md",
      "title": "OTC derivatives clearing and trade repository — Japan",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's OTC derivatives clearing and reporting regime rests on three pillars:",
      "headings": [
        "OTC derivatives clearing and trade repository — Japan",
        "TL;DR",
        "Wiki route",
        "Why central clearing and trade-repository reporting matter",
        "JSCC mandatory clearing scope",
        "JSCC clearing member structure",
        "Default-management waterfall",
        "The reporting obligation",
        "Why TR reporting matters",
        "EMIR equivalence (EU)"
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        "derivatives/nikkei-vix-jpx-vi-equivalent",
        "derivatives/swap-execution-facility-japan",
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        "foreign-financial-institutions/citigroup-japan",
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        "megabanks/mufg-bank",
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        "securities-firms/daiwa-sg",
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        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
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      "source_path": "derivatives/retail-fx-margin-trade-japan.md",
      "url": "https://finwiki.zksc.io/derivatives/retail-fx-margin-trade-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/retail-fx-margin-trade-japan.md",
      "title": "Retail FX margin trading in Japan",
      "domain": "derivatives",
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      "canonical_anchor": "",
      "summary": "Japan's retail FX margin trading market (FX 証拠金取引) is among the largest in the world by turnover. It is structured as a regulated retail brokerage product offered by licensed Type 1 Financial Instruments Business operators under FIEA, with strict conduct rules from the Financial Services Agency (JFS",
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        "TL;DR",
        "Wiki route",
        "Market size",
        "Composition of customer activity",
        "Leverage cap",
        "Loss-cut mechanism",
        "Top brokers",
        "Competitive levers",
        "Regulation"
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        "derivatives/fx-options-japan-corporate-treasury",
        "derivatives/fx-stp-broker-aggregation",
        "derivatives/japan-interest-rate-derivatives-overview",
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        "money-market/INDEX",
        "money-market/japan-money-market",
        "securities-firms/dmm-com-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/matsui-sec",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/structured-bond-japan-retail-issuance.md",
      "title": "Structured bond Japan retail issuance",
      "domain": "derivatives",
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      "summary": "\"Structured bond\" (仕組債, shikumisai) is the umbrella Japanese term for retail-facing fixed-income products that embed derivative payoffs — typically equity-linked notes (EB, Equity Bond) with knock-in barriers, currency-linked deposits, reverse-convertible bonds with put-strike-at-discount, and digit",
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        "Distribution channel",
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        "Hedging mechanics",
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        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/structured-product-eb-knockin-japan-retail.md",
      "title": "EB knock-in structured product Japan retail",
      "domain": "derivatives",
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      "summary": "EB (Equity Bond) knock-in is the most-distributed structured-product format in Japan retail wealth management through 2022. Mechanically, the buyer is short a down-and-in put option on a single Japanese stock (or worst-of basket) in exchange for an enhanced coupon and (in autocallable variants) the",
      "headings": [
        "EB knock-in structured product Japan retail",
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        "Worst-of basket variant",
        "Autocallable feature",
        "Investor position equivalence",
        "At-maturity payoff scenarios",
        "Knock-in observation type matters",
        "Pricing components for the dealer"
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        "https://finwiki.zksc.io/derivatives/cds-japan-corporate-spread-mechanics",
        "https://finwiki.zksc.io/derivatives/cross-currency-basis-swap-japan",
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        "https://finwiki.zksc.io/derivatives/yen-basis-swap-market",
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        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
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        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
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        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing"
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    {
      "source_path": "derivatives/swap-execution-facility-japan.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/swap-execution-facility-japan.md",
      "title": "Swap execution facility — Japan equivalent (ETP regime)",
      "domain": "derivatives",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan does not have a US-style \"Swap Execution Facility (SEF)\" license — but it operates a functionally equivalent regime of Electronic Trading Platforms (ETPs) for OTC derivatives execution, supervised by the FSA under FIEA. The ETP regime, mandated for designated standardized OTC products (yen IRS",
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        "Mandatory electronic execution scope",
        "Pre-trade and post-trade transparency",
        "Electronic platforms",
        "Interdealer voice brokers",
        "Single-dealer platforms"
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        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
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        "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
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        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-best-execution-sor-pts",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing-matrix",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
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    {
      "source_path": "derivatives/topix-futures.md",
      "url": "https://finwiki.zksc.io/derivatives/topix-futures",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/topix-futures.md",
      "title": "TOPIX futures (OSE)",
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      "canonical_anchor": "",
      "summary": "TOPIX futures are exchange-listed equity-index futures on the Tokyo Stock Price Index (TOPIX), the JPX-flagship free-float-market-capitalization-weighted index covering all Prime Market (formerly First Section) constituents — roughly 2,000 stocks. They list on the Osaka Exchange (OSE) under Japan Ex",
      "headings": [
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        "Wiki route",
        "Contract Specifications",
        "TOPIX vs Nikkei 225: Methodological Difference",
        "Basis to ETF Arbitrage",
        "Institutional Flow Profile",
        "Sub-Index Futures: Core 30, 100, Banks",
        "Clearing and Margin",
        "Related"
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        "banking/INDEX",
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        "derivatives/equity-volatility-hedging-corporates-japan",
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        "derivatives/nikkei-vix-jpx-vi-equivalent",
        "finance/INDEX",
        "insurance/japan-life-insurance-alm-overview",
        "money-market/boj-open-market-operations",
        "securities/INDEX",
        "securities/japan-asset-manager-landscape-matrix",
        "securities/japan-market-infrastructure-map",
        "securities/japan-market-maker-and-liquidity-provider-landscape",
        "securities/japan-securities-clearing-corp",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
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        "https://finwiki.zksc.io/securities/japan-market-maker-and-liquidity-provider-landscape",
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        "https://finwiki.zksc.io/securities/osaka-exchange",
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      "source_path": "derivatives/yen-basis-swap-market.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/derivatives/yen-basis-swap-market.md",
      "title": "Yen-USD cross-currency basis swap market",
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      "summary": "A yen-USD cross-currency basis swap (CCBS) is an OTC derivative in which two counterparties exchange principal and periodic floating-rate interest payments in two different currencies — typically JPY against USD — over a multi-year tenor. The \"basis\" is the spread (in basis points) added to one leg,",
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        "Wiki route",
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        "Corporate USD Funding via JPY Funding Swap",
        "Megabank Dealer Franchise",
        "Basis Widening Triggers",
        "Comparison to EUR-USD Basis",
        "Data Surface"
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        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "finance/japan-listed-financial-groups-investable-universe",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
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        "money-market/boj-open-market-operations",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
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        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/INDEX",
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      "summary": "This guide sits at FinWiki root next to INDEX and SCHEMA. Read it together with cross-domain anchor convention for the page-design side and topic cluster reference for the cluster-level groupings. The 23-domain map is in INDEX.",
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        "1. How to use this guide",
        "2. Journey 1 — Stablecoin issuer · global product to Japan perimeter",
        "3. Journey 2 — MiCA reader path",
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        "5. Journey 4 — EPI and account-to-account in Europe and Japan",
        "6. Journey 5 — Stablecoin bedrock · fintech to bank perimeter to payments license",
        "7. Journey 6 — Japan capital-markets stack from securities to derivatives",
        "8. Journey 7 — Insurance · product to operator to solvency frame"
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        "fintech/jamaica-jam-dex-cbdc",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mica-cross-border-implications",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/mica-overview",
        "fintech/nigeria-enaira-retail-cbdc",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/tether-business-model-short-treasury-yield",
        "foreign-financial-institutions/jpmorgan-japan",
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        "insurance/economic-value-based-solvency",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-bancassurance-distribution-overlay-matrix",
        "insurance/japan-life-insurance-big-four",
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        "money-market/INDEX",
        "non-life-insurers/saison-automobile-fire-insurance",
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        "payments/credit-purchase-card-operators-japan-index",
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bahamas-sand-dollar-cbdc",
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        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
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        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
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        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
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        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/nigeria-enaira-retail-cbdc",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/frontmatter-canonical-anchor-field-proposal",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-bancassurance-distribution-overlay-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bank-api-incident-and-fraud-control",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/payments/japan-bnpl-pay-later-operator-registry-matrix",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-payment-fraud-incident-timeline-2023-2025",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/merchant-bank-pay-account-direct-acquiring",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index"
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      "entity_edges": [],
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    },
    {
      "source_path": "entity-mirror-page-policy.md",
      "url": "https://finwiki.zksc.io/entity-mirror-page-policy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/entity-mirror-page-policy.md",
      "title": "Entity Mirror-Page Policy · FinWiki 镜像页面规则",
      "domain": "root",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This policy sits at FinWiki root next to SCHEMA and INDEX. Read it together with cross-domain anchor convention for the canonical-anchor designation rule and with frontmatter canonical_anchor proposal for the forward-looking machine-readable extension. Use the routing surface INDEX to confirm the cu",
      "headings": [
        "Entity Mirror-Page Policy · FinWiki 镜像页面规则",
        "Wiki route",
        "1. Definition of terms",
        "2. Default rule: do not mirror",
        "3. When mirroring is justified",
        "4. Worked example: Saison Automobile & Fire (justified mirror)",
        "5. Worked counter-example: Circle USDC (not mirrored)",
        "6. Worked counter-example: JPMorgan (cross-product split, not mirror)",
        "7. Frontmatter coordination for mirror pairs",
        "8. Reciprocal cross-link rule for mirror pairs"
      ],
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        "Circle",
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        "fintech/paypal-pyusd-stablecoin",
        "fintech/tether-business-model-short-treasury-yield",
        "foreign-financial-institutions/jpmorgan-japan",
        "frontmatter-canonical-anchor-field-proposal",
        "insurance/INDEX",
        "insurance/japan-nonlife-big-three",
        "insurance/saison-automobile-fire",
        "non-life-insurers/saison-automobile-fire-insurance",
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        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
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        "https://finwiki.zksc.io/fintech/partior-jpm-dbs-temasek-consortium",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
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        "https://finwiki.zksc.io/frontmatter-canonical-anchor-field-proposal",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/topic-cluster-reference",
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    {
      "source_path": "exchanges/INDEX.md",
      "url": "https://finwiki.zksc.io/exchanges/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/INDEX.md",
      "title": "exchanges — Crypto exchange / VASP / market-structure index",
      "domain": "exchanges",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "exchanges/ contains 146 entries (excluding INDEX, 147 total) covering Japan VASP regulation, JVCEA/FSA rules, domestic and foreign exchange entities, registered-operator completeness, custody, incident history, global licensing regimes, DEX/DeFi design, country-tail CEX (India / Brazil / Vietnam / K",
      "headings": [
        "exchanges — Crypto exchange / VASP / market-structure index",
        "TL;DR",
        "Routing map",
        "Start here",
        "Japan exchange entities",
        "Type 1 / spot-oriented VASP",
        "Derivatives / securities / preparation / special cases",
        "FSA registered operator completeness",
        "Regulation and Japan market structure",
        "Custody, incidents, and security"
      ],
      "wikilinks": [
        "exchanges/amm-design-evolution",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/cex-api-sdk-ecosystem-comparison",
        "exchanges/cex-matching-engine-wallet-architecture",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/crypto-custody-provider-landscape-matrix",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-perp-dex-competitive-deep-dive-matrix",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/japan-blockchain-association-jba",
        "exchanges/japan-cex-parent-fg-adjacency-matrix",
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/japan-crypto-law-firm-landscape",
        "exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "exchanges/japan-vasp-business-model-competitive-matrix",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-cex-nft-marketplace-integration",
        "exchanges/jp-cex-points-economy-integration",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-bank-credit-facilities",
        "exchanges/jp-crypto-exchange-overview",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-crypto-merchant-payment-lightning",
        "exchanges/jp-crypto-on-off-ramp-bridge-layer",
        "exchanges/jp-crypto-staking-as-a-service-operators",
        "exchanges/jp-crypto-tax-software-vendor-layer",
        "exchanges/jp-crypto-vc-fund-landscape",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-backseat-exchange",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-btcbox",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-coinhub",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-dmm-com-securities",
        "exchanges/jp-exchange-finx-jcrypto",
        "exchanges/jp-exchange-gaia",
        "exchanges/jp-exchange-gate-japan",
        "exchanges/jp-exchange-gaudiy",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-goldenway-japan",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-mercury",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-money-partners",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-saxo-bank-japan",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-sblox",
        "exchanges/jp-exchange-tokyo-hash",
        "exchanges/jp-exchange-traders-securities",
        "exchanges/jp-exchange-trek-labs-japan",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-foreign-exchange-binance-holdings-legacy",
        "exchanges/jp-foreign-exchange-bitcastle",
        "exchanges/jp-foreign-exchange-bitforex",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-lbank",
        "exchanges/jp-foreign-exchange-mexc",
        "exchanges/jp-ieo-system-and-cases",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jp-vasp-security-audit-certification",
        "exchanges/jp-web3-policy-public-body-layer",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/jvcea-type2-associate-membership-system",
        "exchanges/jvcea-whitelist-listing-timeline",
        "exchanges/jvcea-whitelist-token-listing",
        "exchanges/korea-cex-five-pillars-comparison",
        "exchanges/korea-kimchi-premium-economics",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "exchanges/mtgox-bankruptcy-processing-timeline",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/rwa-tokenization-cex-integration",
        "exchanges/sg-mas-dpt-licensing-overview",
        "exchanges/solana-ecosystem-dex-comparison",
        "exchanges/switzerland-finma-crypto-valley-overview",
        "exchanges/taiwan-fsc-vasp-licensing-overview",
        "exchanges/uae-vara-licensing-overview",
        "exchanges/uk-fca-crypto-registration-overview",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "exchanges/ve33-governance-mechanism",
        "exchanges/vetoken-host-protocol-flywheel",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/cex-api-sdk-ecosystem-comparison",
        "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/crypto-custody-provider-landscape-matrix",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-competitive-deep-dive-matrix",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/japan-blockchain-association-jba",
        "https://finwiki.zksc.io/exchanges/japan-cex-parent-fg-adjacency-matrix",
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
        "https://finwiki.zksc.io/exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "https://finwiki.zksc.io/exchanges/japan-vasp-business-model-competitive-matrix",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-nft-marketplace-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-points-economy-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/exchanges/jp-crypto-exchange-overview",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-merchant-payment-lightning",
        "https://finwiki.zksc.io/exchanges/jp-crypto-on-off-ramp-bridge-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-staking-as-a-service-operators",
        "https://finwiki.zksc.io/exchanges/jp-crypto-tax-software-vendor-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-vc-fund-landscape",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-btcbox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinhub",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-finx-jcrypto",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaia",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gate-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaudiy",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-goldenway-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-money-partners",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14107,
      "word_like_tokens": 1975,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/amm-design-evolution.md",
      "url": "https://finwiki.zksc.io/exchanges/amm-design-evolution",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/amm-design-evolution.md",
      "title": "AMM 設計の進化 — Uniswap v1/v2/v3/v4 + 異派 (Curve / Balancer / TraderJoe)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "AMM 設計の進化 — Uniswap v1/v2/v3/v4 + 異派 (Curve / Balancer / TraderJoe)",
        "Wiki route",
        "概要",
        "Uniswap 系列",
        "異派 AMM",
        "設計の trade-off",
        "実用",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/ve33-governance-mechanism",
        "exchanges/vetoken-host-protocol-flywheel",
        "systems/cross-chain-four-poles-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2818,
      "word_like_tokens": 479,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/btc-spot-etf-japan-impact.md",
      "url": "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/btc-spot-etf-japan-impact.md",
      "title": "Bitcoin spot ETF 米承認の国内 CEX 影響 (2024-01〜)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内機関カストディ三強構造 — Komainu / Ginco / Fireblocks Japan 比較 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Bitcoin spot ETF 米承認の国内 CEX 影響 (2024-01〜)",
        "Wiki route",
        "1. 概要",
        "2. 数字 (2024-2026)",
        "3. 国内 CEX への 3 経路影響",
        "4. 日本 ETF 解禁の制度的障壁",
        "5. 投資家含意",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/rwa-tokenization-cex-integration"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2686,
      "word_like_tokens": 466,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/bybit-lazarus-hack-detailed-analysis.md",
      "url": "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/bybit-lazarus-hack-detailed-analysis.md",
      "title": "Bybit Lazarus $14.6 億 hack 詳細分析 (2025-02) — 史上最大暗号資産流出",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against DMM Bitcoin 流出事件 詳細分析 (2024-05) — Lazarus 帰属 4,502.9 BTC for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Bybit Lazarus $14.6 億 hack 詳細分析 (2025-02) — 史上最大暗号資産流出",
        "Wiki route",
        "1. 事件概要",
        "2. 技術原因 (公開情報)",
        "3. 即時対応",
        "4. OFAC chain-level freeze 先例",
        "5. 戦略含意",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-vasp-incident-history",
        "exchanges/mtgox-bankruptcy-processing-timeline",
        "exchanges/uae-vara-licensing-overview",
        "fintech/chain-level-ofac-freeze-precedent",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain",
        "security/module-path-confusion-supply-chain-attack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/mtgox-bankruptcy-processing-timeline",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
        "https://finwiki.zksc.io/security/module-path-confusion-supply-chain-attack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2883,
      "word_like_tokens": 482,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-api-sdk-ecosystem-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-api-sdk-ecosystem-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-api-sdk-ecosystem-comparison.md",
      "title": "CEX API / SDK ecosystem 比較 — 国内 / 海外取引所の Developer Interface",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "CEX API / SDK ecosystem 比較 — 国内 / 海外取引所の Developer Interface",
        "Wiki route",
        "概要",
        "国内主要 CEX API",
        "海外大手 CEX API",
        "第三者 ライブラリ + aggregator",
        "機関接続規格",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-foreign-exchange-bybit"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 2631,
      "word_like_tokens": 449,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-bithumb-korea.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-bithumb-korea.md",
      "title": "Bithumb（빗썸）— 韓国 KRW spot CEX overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 for the Korea peer / regulatory context, Upbit for the closest peer comparison, and global CEX top 10 comparison for the broader system / market boundary.",
      "headings": [
        "Bithumb（빗썸）— 韓国 KRW spot CEX overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（韓国制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-upbit-korea",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/korea-cex-five-pillars-comparison",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-upbit-korea",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3449,
      "word_like_tokens": 585,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-coindcx-india.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-coindcx-india",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-coindcx-india.md",
      "title": "CoinDCX — インド最大 CEX / FIU-IND PMLA registered overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against WazirX for the closest India peer / contrast context, global CEX top 10 comparison for the broader global benchmark, and グローバル VASP 規制比較 for the regulatory boundary view.",
      "headings": [
        "CoinDCX — インド最大 CEX / FIU-IND PMLA registered overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（インド制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-wazirx-india",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-wazirx-india",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5245,
      "word_like_tokens": 911,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-coinone-korea.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-coinone-korea",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-coinone-korea.md",
      "title": "Coinone（코인원）— 韓国 CEX 中堅 / NH農协銀行実名口座 / 独立系 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 for the Korea peer / regulatory context, Upbit / Bithumb for the closest top-tier peers, and global CEX top 10 comparison for the broader system / market boundary.",
      "headings": [
        "Coinone（코인원）— 韓国 CEX 中堅 / NH農协銀行実名口座 / 独立系 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（韓国制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-gopax-korea",
        "exchanges/cex-korbit-korea",
        "exchanges/cex-upbit-korea",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/korea-cex-five-pillars-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-gopax-korea",
        "https://finwiki.zksc.io/exchanges/cex-korbit-korea",
        "https://finwiki.zksc.io/exchanges/cex-upbit-korea",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4706,
      "word_like_tokens": 742,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-foxbit-brazil.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-foxbit-brazil",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-foxbit-brazil.md",
      "title": "Foxbit — ブラジル CEX #2 / 老舗 BRL ペア流動性 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Mercado Bitcoin for the closest Brazil peer / contrast context（#1），global CEX top 10 comparison for the broader global benchmark, and グローバル VASP 規制比較 for the regulatory boundary view.",
      "headings": [
        "Foxbit — ブラジル CEX #2 / 老舗 BRL ペア流動性 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（ブラジル制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-coindcx-india",
        "exchanges/cex-mercado-bitcoin-brazil",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/rwa-tokenization-cex-integration"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-coindcx-india",
        "https://finwiki.zksc.io/exchanges/cex-mercado-bitcoin-brazil",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4649,
      "word_like_tokens": 779,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-gopax-korea.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-gopax-korea",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-gopax-korea.md",
      "title": "GOPAX（고팍스）— 韓国 CEX #5 / Binance 2023-02 過半数取得 → FIU 抗議で部分後退 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 for the Korea peer / regulatory context, Upbit / Bithumb for the closest top-tier peers, and global CEX top 10 comparison for the broader system / market boundary.",
      "headings": [
        "GOPAX（고팍스）— 韓国 CEX #5 / Binance 2023-02 過半数取得 → FIU 抗議で部分後退 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（韓国制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-coinone-korea",
        "exchanges/cex-korbit-korea",
        "exchanges/cex-upbit-korea",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/korea-cex-five-pillars-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-coinone-korea",
        "https://finwiki.zksc.io/exchanges/cex-korbit-korea",
        "https://finwiki.zksc.io/exchanges/cex-upbit-korea",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5155,
      "word_like_tokens": 779,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-korbit-korea.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-korbit-korea",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-korbit-korea.md",
      "title": "Korbit（코빗）— 韓国初の CEX / SK Square 子会社 / 4-pair-bank exclusivity overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 for the Korea peer / regulatory context, Upbit / Bithumb for the closest top-tier peers, and global CEX top 10 comparison for the broader system / market boundary.",
      "headings": [
        "Korbit（코빗）— 韓国初の CEX / SK Square 子会社 / 4-pair-bank exclusivity overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（韓国制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-coinone-korea",
        "exchanges/cex-gopax-korea",
        "exchanges/cex-upbit-korea",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/korea-cex-five-pillars-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-coinone-korea",
        "https://finwiki.zksc.io/exchanges/cex-gopax-korea",
        "https://finwiki.zksc.io/exchanges/cex-upbit-korea",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4839,
      "word_like_tokens": 821,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-matching-engine-wallet-architecture.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-matching-engine-wallet-architecture.md",
      "title": "CEX matching engine + cold/hot wallet 内部架構",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP コールド保管 95% + 分別管理制度 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "CEX matching engine + cold/hot wallet 内部架構",
        "Wiki route",
        "1. matching engine 概要",
        "2. CLOB matching engine 設計要素",
        "3. RFQ / OTC engine",
        "4. cold/hot wallet 内部架構",
        "5. 主要技術スタック"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain",
        "security/module-path-confusion-supply-chain-attack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
        "https://finwiki.zksc.io/security/module-path-confusion-supply-chain-attack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3263,
      "word_like_tokens": 556,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-mercado-bitcoin-brazil.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-mercado-bitcoin-brazil",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-mercado-bitcoin-brazil.md",
      "title": "Mercado Bitcoin — ブラジル最大 CEX / SoftBank 出資 / RWA tokenization push overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Foxbit for the closest Brazil peer / contrast context, global CEX top 10 comparison for the broader global benchmark, and RWA tokenization × CEX integration for the RWA-on-CEX vertical.",
      "headings": [
        "Mercado Bitcoin — ブラジル最大 CEX / SoftBank 出資 / RWA tokenization push overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（ブラジル制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-coindcx-india",
        "exchanges/cex-foxbit-brazil",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/rwa-tokenization-cex-integration"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-coindcx-india",
        "https://finwiki.zksc.io/exchanges/cex-foxbit-brazil",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5308,
      "word_like_tokens": 906,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-native-token-strategy-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-native-token-strategy-comparison.md",
      "title": "CEX 自家 token 戦略比較 — BNB / OKB / HT / KCS / BGB 等の経済機制",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "CEX 自家 token 戦略比較 — BNB / OKB / HT / KCS / BGB 等の経済機制",
        "Wiki route",
        "概要",
        "主要 CEX 自家 token 比較",
        "経済機制の trade-off",
        "規制リスク (米 SEC + EU MiCA)",
        "国内 CEX 不在の構造的理由",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-mexc",
        "exchanges/jvcea-whitelist-token-listing",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "exchanges/ve33-governance-mechanism",
        "fintech/portfolio-winner-structure-arm-analog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2600,
      "word_like_tokens": 451,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-upbit-korea.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-upbit-korea",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-upbit-korea.md",
      "title": "Upbit（업비트）/ Dunamu — 韓国 spot 市場圧倒的首位 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 for the Korea peer / regulatory context, Bithumb for the closest peer comparison（#2），and global CEX top 10 comparison for the broader global market context.",
      "headings": [
        "Upbit（업비트）/ Dunamu — 韓国 spot 市場圧倒的首位 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（韓国制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/korea-cex-five-pillars-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4331,
      "word_like_tokens": 689,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/cex-vietnam-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-vietnam-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-vietnam-overview.md",
      "title": "ベトナム暗号通貨取引所ランドスケープ — SBV 規制曖昧 / ONUS / Remitano / グレー市場 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against CoinDCX India / Mercado Bitcoin Brazil for new-market peer / contrast context, global CEX top 10 comparison for the broader global benchmark, and グローバル VASP 規制比較 for the regulatory boundary view.",
      "headings": [
        "ベトナム暗号通貨取引所ランドスケープ — SBV 規制曖昧 / ONUS / Remitano / グレー市場 overview",
        "Wiki route",
        "1. 規制環境概要（2026 年時点）",
        "SBV（State Bank of Vietnam）の公式立場",
        "課税",
        "AML/CFT",
        "2. 主要事業者プロファイル",
        "ONUS（旧称 VNDC）",
        "Remitano",
        "offshore CEX のベトナム市場プレゼンス"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-bithumb-korea",
        "exchanges/cex-coindcx-india",
        "exchanges/cex-mercado-bitcoin-brazil",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/sg-mas-dpt-licensing-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-bithumb-korea",
        "https://finwiki.zksc.io/exchanges/cex-coindcx-india",
        "https://finwiki.zksc.io/exchanges/cex-mercado-bitcoin-brazil",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5384,
      "word_like_tokens": 869,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cex-wazirx-india.md",
      "url": "https://finwiki.zksc.io/exchanges/cex-wazirx-india",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cex-wazirx-india.md",
      "title": "WazirX — インド CEX / 2024-07 Liminal hack ~$235M 被害 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against CoinDCX for the closest India peer / contrast context, Bybit Lazarus hack for parallel North Korean attribution pattern, and グローバル CEX 破綻比較 for the restructuring / scheme-of-arrangement framework.",
      "headings": [
        "WazirX — インド CEX / 2024-07 Liminal hack ~$235M 被害 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 登録・牌照状況（インド制度）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 業界での位置付け"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/cex-coindcx-india",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/global-crypto-forensics-vendor-layer"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/cex-coindcx-india",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5899,
      "word_like_tokens": 962,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/coincheck-nem-hack-detailed-analysis.md",
      "url": "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/coincheck-nem-hack-detailed-analysis.md",
      "title": "Coincheck NEM 580 億円流出事件 詳細分析 (2018-01)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against DMM Bitcoin 流出事件 詳細分析 (2024-05) — Lazarus 帰属 4,502.9 BTC for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Coincheck NEM 580 億円流出事件 詳細分析 (2018-01)",
        "Wiki route",
        "1. 事件概要",
        "2. 技術原因",
        "3. 補償スキーム",
        "4. 規制反射",
        "5. 国際比較",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/mtgox-bankruptcy-processing-timeline",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/mtgox-bankruptcy-processing-timeline",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2550,
      "word_like_tokens": 408,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/cross-chain-bridge-cex-deposit-withdrawal.md",
      "url": "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/cross-chain-bridge-cex-deposit-withdrawal.md",
      "title": "クロスチェーン bridge と CEX 入出金経路 — Wormhole / LayerZero / Axelar / Hyperlane / CCIP 比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "クロスチェーン bridge と CEX 入出金経路 — Wormhole / LayerZero / Axelar / Hyperlane / CCIP 比較",
        "Wiki route",
        "概要",
        "Top 5 bridge protocol 比較",
        "CEX 入出金との接点",
        "リスク + インシデント (2022 = \"bridge hack year\")",
        "規制位置",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/solana-ecosystem-dex-comparison",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/cosmos-ibc-for-financial-institutions",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-ccip-institutional",
        "systems/cross-chain-four-poles-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3059,
      "word_like_tokens": 502,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/crypto-custody-provider-landscape-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/crypto-custody-provider-landscape-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/crypto-custody-provider-landscape-matrix.md",
      "title": "暗号資産カストディ プロバイダー ランドスケープ マトリクス — Japan + Global 機関カストディ 10 社の技術・規制・顧客比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "機関向け暗号資産カストディ市場は (1) 技術モデル (cold storage / MPC / hybrid) × (2) ライセンス階層 (Trust Charter / VASP / vendor only) × (3) 顧客セグメント (CEX / hedge fund / ETF issuer / SWF / pension) の三軸で分化している。本マトリクスは日本 3 強 (Ginco / Komainu / Fireblocks Japan) + 米系 4 強 (Coinbase Custody / Fidelity Digital / Anchorage / BitGo) +",
      "headings": [
        "暗号資産カストディ プロバイダー ランドスケープ マトリクス — Japan + Global 機関カストディ 10 社の技術・規制・顧客比較",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-custodian sections",
        "A. 日本 B2B vendor 3 強 (国内 VASP インフラ供給)",
        "B. 米系 4 強 (Trust Charter Qualified Custodian)",
        "C. Big Bank 系 (G-SIB のデジタル資産参入)",
        "D. その他 Qualified Custodian + 国内特殊カストディ",
        "Big comparison matrix table"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/cex-matching-engine-wallet-architecture",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "exchanges/japan-vasp-business-model-competitive-matrix",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-security-audit-certification",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/state-street-japan",
        "trust-banks/master-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "https://finwiki.zksc.io/exchanges/japan-vasp-business-model-competitive-matrix",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17720,
      "word_like_tokens": 3092,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/dex-jito-solana.md",
      "url": "https://finwiki.zksc.io/exchanges/dex-jito-solana",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/dex-jito-solana.md",
      "title": "Jito — Solana 液体ステーキング + MEV 再分配プロトコル overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Solana エコシステム DEX 群比較 for the Solana ecosystem context, Raydium / Orca for adjacent DEX peer context, and AMM 設計進化系譜 for the broader system / mechanism boundary.",
      "headings": [
        "Jito — Solana 液体ステーキング + MEV 再分配プロトコル overview",
        "Wiki route",
        "1. プロトコル概要",
        "2. JitoSOL の設計（MEV-aware LST）",
        "3. MEV 再分配メカニズム（Jito-Solana client）",
        "4. JTO token / Jito DAO",
        "5. Solana LST 市場での位置付け",
        "6. CEX / DeFi 統合",
        "7. 主要事件・沿革",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/dex-orca-solana",
        "exchanges/dex-raydium-solana",
        "exchanges/global-cex-top10-comparison",
        "exchanges/solana-ecosystem-dex-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/dex-orca-solana",
        "https://finwiki.zksc.io/exchanges/dex-raydium-solana",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3945,
      "word_like_tokens": 711,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/dex-orca-solana.md",
      "url": "https://finwiki.zksc.io/exchanges/dex-orca-solana",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/dex-orca-solana.md",
      "title": "Orca Whirlpools — Solana 系集中流動性 AMM overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Raydium for the Solana AMM peer comparison, Solana エコシステム DEX 群比較 for the broader Solana DEX layer, and AMM 設計進化系譜 for the system / design boundary.",
      "headings": [
        "Orca Whirlpools — Solana 系集中流動性 AMM overview",
        "Wiki route",
        "1. プロトコル概要",
        "2. Whirlpools CLMM の設計",
        "3. UX / 設計思想",
        "4. Raydium との比較（Solana 2 大 AMM）",
        "5. 主要事件・沿革",
        "6. ガバナンス・経済モデル",
        "7. 国際比較・cross-chain 戦略",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/dex-raydium-solana",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/dex-raydium-solana",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3654,
      "word_like_tokens": 634,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/dex-pendle.md",
      "url": "https://finwiki.zksc.io/exchanges/dex-pendle",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/dex-pendle.md",
      "title": "Pendle Finance — yield tokenization プロトコル（PT/YT）overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global DEX major five comparison for adjacent DEX peer context, AMM 設計進化系譜 for the broader system / design boundary, and CEX native token strategy comparison for token economy contrast.",
      "headings": [
        "Pendle Finance — yield tokenization プロトコル（PT/YT）overview",
        "Wiki route",
        "1. プロトコル概要",
        "2. PT / YT メカニズム",
        "3. 主要対応資産（2024–2026）",
        "4. AMM 設計（カスタム curve）",
        "5. vePENDLE 経済",
        "6. 主要事件・沿革",
        "7. 国際比較・cross-chain 戦略",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/dex-jito-solana",
        "exchanges/dex-orca-solana",
        "exchanges/dex-raydium-solana",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/dex-jito-solana",
        "https://finwiki.zksc.io/exchanges/dex-orca-solana",
        "https://finwiki.zksc.io/exchanges/dex-raydium-solana",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3914,
      "word_like_tokens": 665,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/dex-raydium-solana.md",
      "url": "https://finwiki.zksc.io/exchanges/dex-raydium-solana",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/dex-raydium-solana.md",
      "title": "Raydium — Solana 系老舗 AMM / memecoin 流動性 hub overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Solana エコシステム DEX 群比較 for the Solana peer context, global DEX major five comparison for EVM 対比, and AMM 設計進化系譜 for the broader system / design boundary.",
      "headings": [
        "Raydium — Solana 系老舗 AMM / memecoin 流動性 hub overview",
        "Wiki route",
        "1. プロトコル概要",
        "2. 設計上の特徴（Serum legacy → OpenBook 移行 → 自前 CLMM）",
        "3. memecoin 経済における役割",
        "4. Orca / Meteora との比較",
        "5. 主要事件・沿革",
        "6. ガバナンス・経済モデル",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/dex-orca-solana",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/openbook-fork-solana",
        "exchanges/solana-ecosystem-dex-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/dex-orca-solana",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3609,
      "word_like_tokens": 647,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis.md",
      "url": "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis.md",
      "title": "DMM Bitcoin 流出事件 詳細分析 (2024-05) — Lazarus 帰属 4,502.9 BTC",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Coincheck NEM 580 億円流出事件 詳細分析 (2018-01) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "DMM Bitcoin 流出事件 詳細分析 (2024-05) — Lazarus 帰属 4,502.9 BTC",
        "Wiki route",
        "1. 事件概要",
        "2. 技術原因 (公開情報範囲)",
        "3. 緊急対応 + 顧客資産保全",
        "4. 帰属確認 (Lazarus / TraderTraitor)",
        "5. 制度的意味",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2410,
      "word_like_tokens": 391,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/eu-mica-casp-regime-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/eu-mica-casp-regime-overview.md",
      "title": "EU MiCA CASP (Crypto-Asset Service Provider) regime",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "MiCA (Markets in Crypto-Assets Regulation, Regulation (EU) 2023/1114) は 2023-06 採択 → 2024-06 ART/EMT (Asset-Referenced Token / E-Money Token) Stablecoin 規制部分施行 → 2024-12-30 CASP 完全施行。EU 27 ヵ国を統一する世界初の包括的暗号資産規制枠組み。既存 NCAs (National Competent Authorities — 各国規制機関、独 BaFin / 仏 AMF / 蘭 AFM / 愛 Central Ba",
      "headings": [
        "EU MiCA CASP (Crypto-Asset Service Provider) regime",
        "1. 制度概要",
        "2. CASP ライセンス 10 区分 (MiCA Article 60)",
        "3. 主要保有事業者 (2025-2026)",
        "4. 主要規制要件",
        "5. 国際比較",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/sg-mas-dpt-licensing-overview",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/mica-cross-border-implications",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/mica-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive",
        "https://finwiki.zksc.io/fintech/mica-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2986,
      "word_like_tokens": 503,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/fsa-business-improvement-orders-history.md",
      "url": "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/fsa-business-improvement-orders-history.md",
      "title": "FSA 業務改善命令 (BIO) 国内 VASP 行政処分履歴 (2018-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "FSA 業務改善命令 (BIO) 国内 VASP 行政処分履歴 (2018-2026)",
        "Wiki route",
        "1. 制度概要",
        "2. 主要 BIO timeline (2018-2026)",
        "3. BIO の典型構造 (5 要素)",
        "4. 規制反射",
        "5. 海外比較"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2588,
      "word_like_tokens": 414,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/fsa-foreign-exchange-warning-system.md",
      "url": "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/fsa-foreign-exchange-warning-system.md",
      "title": "FSA 海外無登録暗号資産取引所 警告書発出制度 (2018-2025)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "FSA 海外無登録暗号資産取引所 警告書発出制度 (2018-2025)",
        "Wiki route",
        "制度概要",
        "警告書発出履歴 (主要 8 事業者)",
        "警告事業者の対応パターン (3 種)",
        "撤退",
        "法人化 (唯一の正規化路径)",
        "継続稼働 (警告無視)",
        "App Store 削除要請の意義",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-foreign-exchange-binance-holdings-legacy",
        "exchanges/jp-foreign-exchange-bitcastle",
        "exchanges/jp-foreign-exchange-bitforex",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-lbank",
        "exchanges/jp-foreign-exchange-mexc",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-binance-holdings-legacy",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitcastle",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitforex",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-lbank",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3073,
      "word_like_tokens": 440,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/fsa-snapshot-delta-log.md",
      "url": "https://finwiki.zksc.io/exchanges/fsa-snapshot-delta-log",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/fsa-snapshot-delta-log.md",
      "title": "FSA crypto operator registry — snapshot delta log",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 for the registration framework, JP VASP M&A 史 for entity consolidation context, and FSA 海外無登録警告書制度 for the unregistered foreign-operator side.",
      "headings": [
        "FSA crypto operator registry — snapshot delta log",
        "Wiki route",
        "目的",
        "記録テンプレート（snapshot 単位）",
        "YYYY-MM-DD snapshot delta",
        "既知の主要 snapshot 変動履歴（過去 2 年）",
        "更新ワークフロー",
        "JVCEA 会員一覧との突合",
        "関連",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/jp-exchange-XXX",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "financial-regulators/missing-financial-institutions-backlog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog"
      ],
      "markdown_links": [
        "https://akasaka.keizai.biz/release/377391/",
        "https://ja.wikipedia.org/wiki/DMM_Bitcoin",
        "https://jvcea.or.jp/member/",
        "https://support.custodiem.com/hc/ja/articles/29710664413709-FTX-Japan-%E6%A0%AA%E5%BC%8F%E4%BC%9A%E7%A4%BE%E3%81%AE%E5%95%86%E5%8F%B7%E5%A4%89%E6%9B%B4%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8B%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B",
        "https://web.archive.org/web/20240820011719/https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://web.archive.org/web/20250206070223/https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://web.archive.org/web/20250907103139/https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.fsa.go.jp/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.itmedia.co.jp/news/articles/2412/02/news093.html",
        "https://www.sbigroup.co.jp/news/2025/0226_15274.html"
      ],
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      "entity_edges": [],
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      "word_like_tokens": 1363,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/fsa-vasp-registration-system.md",
      "url": "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/fsa-vasp-registration-system.md",
      "title": "FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2017-04 施行の改正資金決済法により、日本は世界に先駆けて暗号資産交換業の登録制を導入。施行時点で営業中だった事業者は「みなし業者」として暫定的に営業継続が認められ、順次本登録へ移行した。2019 年の法改正で従来の「仮想通貨」呼称が「暗号資産」に統一され、業態名も「暗号資産交換業」となった。所管は金融庁（FSA）、実務窓口は各財務局。",
      "headings": [
        "FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件",
        "制度概要",
        "登録番号体系",
        "登録要件 5 本柱",
        "登録から JVCEA 入会までの流れ"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-gaia",
        "exchanges/jp-exchange-money-partners",
        "exchanges/jp-exchange-zaif",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaia",
        "https://finwiki.zksc.io/exchanges/jp-exchange-money-partners",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1451,
      "word_like_tokens": 227,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/ftx-japan-100pct-return-case-study.md",
      "url": "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/ftx-japan-100pct-return-case-study.md",
      "title": "FTX Japan 顧客資産 100% 返還ケース — 世界初の即時全額返還事例",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP 暗号資産流出事件史 (2014-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "FTX Japan 顧客資産 100% 返還ケース — 世界初の即時全額返還事例",
        "Wiki route",
        "1. 経緯",
        "2. 返還 timeline",
        "3. 制度的意味",
        "4. その後の経緯",
        "5. 海外比較"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2175,
      "word_like_tokens": 353,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/global-cex-prime-brokerage-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-cex-prime-brokerage-layer.md",
      "title": "グローバル暗号資産 prime brokerage 層 — Hidden Road / FalconX / Galaxy / B2C2 / Cumberland",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global institutional custody five pillars for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル暗号資産 prime brokerage 層 — Hidden Road / FalconX / Galaxy / B2C2 / Cumberland",
        "Wiki route",
        "概要",
        "Top 5 プレイヤー",
        "ビジネスモデル",
        "リスク管理",
        "日本市場との接点",
        "関連リンク"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/rwa-tokenization-cex-integration",
        "securities/japan-best-execution-sor-pts"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/securities/japan-best-execution-sor-pts"
      ],
      "markdown_links": [],
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    {
      "source_path": "exchanges/global-cex-top10-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-cex-top10-comparison.md",
      "title": "グローバル CEX top 10 ランキング比較 (2025-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル CEX top 10 ランキング比較 (2025-2026)",
        "Wiki route",
        "概要",
        "Top 10 比較表",
        "規制ホスト分布 + 日本市場アクセス状況"
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      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-foreign-exchange-binance-holdings-legacy",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-mexc"
      ],
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-binance-holdings-legacy",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc"
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    },
    {
      "source_path": "exchanges/global-crypto-exchange-bankruptcy-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-crypto-exchange-bankruptcy-comparison.md",
      "title": "暗号資産取引所 倒産処理 国際比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "暗号資産取引所 倒産処理 国際比較",
        "Wiki route",
        "概要",
        "6 大破綻案件比較表",
        "制度的要因 (弁済速度差)",
        "弁済形態",
        "規制反射",
        "関連条目"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/mtgox-bankruptcy-processing-timeline",
        "exchanges/us-crypto-licensing-multi-layer-system"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/mtgox-bankruptcy-processing-timeline",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system"
      ],
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    },
    {
      "source_path": "exchanges/global-crypto-forensics-vendor-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-crypto-forensics-vendor-layer.md",
      "title": "グローバル暗号資産 forensics vendor 層 — Chainalysis / Elliptic / TRM / Crystal 比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP 犯収法 + FATF Travel Rule 国内実装 (2023-) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル暗号資産 forensics vendor 層 — Chainalysis / Elliptic / TRM / Crystal 比較",
        "Wiki route",
        "概要",
        "Top 4 vendor 比較",
        "主要サービス",
        "主要事件での役割",
        "国内 VASP との関係",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-security-audit-certification",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/chain-level-ofac-freeze-precedent",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain",
        "security/wayback-machine-as-forensic-tool"
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
        "https://finwiki.zksc.io/security/wayback-machine-as-forensic-tool"
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      "last_modified": "2026-06-24"
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    {
      "source_path": "exchanges/global-dex-aggregator-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/global-dex-aggregator-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-dex-aggregator-comparison-matrix.md",
      "title": "グローバル DEX Aggregator 比較マトリックス · 8大 Aggregator 横断対照",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global DEX 主要 5 社比較 for the underlying DEX pool layer, Solana ecosystem DEX comparison for the Solana SVM aggregator/DEX stack, global perp DEX 5 comparison for the perp-only segment, and native DEX flip incumbent pattern for chain-specific DEX",
      "headings": [
        "グローバル DEX Aggregator 比較マトリックス · 8大 Aggregator 横断対照",
        "TL;DR",
        "Wiki route",
        "なぜこのマトリックスが必要か",
        "Per-aggregator sections",
        "1inch (1INCH · v6 + Fusion)",
        "0x Protocol / Matcha (ZRX · Settler · RFQ)",
        "CowSwap / CoW Protocol (COW · Batch Auction)",
        "Jupiter (JUP · Solana only)",
        "OpenOcean (OOE · multi-VM)"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/agent-protocol-mainnet-adoption-2026",
        "agent-economy/privy-embedded-wallet-overview",
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        "exchanges/amm-design-evolution",
        "exchanges/cex-api-sdk-ecosystem-comparison",
        "exchanges/dex-jito-solana",
        "exchanges/dex-orca-solana",
        "exchanges/dex-pendle",
        "exchanges/dex-raydium-solana",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-perp-dex-competitive-deep-dive-matrix",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison",
        "exchanges/vetoken-host-protocol-flywheel",
        "systems/chain-abstraction-pattern-overview",
        "systems/cross-chain-bridge-eight-pole-comparison",
        "systems/mev-flashbots-suave-order-flow-auction"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/agent-protocol-mainnet-adoption-2026",
        "https://finwiki.zksc.io/agent-economy/privy-embedded-wallet-overview",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/cex-api-sdk-ecosystem-comparison",
        "https://finwiki.zksc.io/exchanges/dex-jito-solana",
        "https://finwiki.zksc.io/exchanges/dex-orca-solana",
        "https://finwiki.zksc.io/exchanges/dex-pendle",
        "https://finwiki.zksc.io/exchanges/dex-raydium-solana",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-competitive-deep-dive-matrix",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-eight-pole-comparison",
        "https://finwiki.zksc.io/systems/mev-flashbots-suave-order-flow-auction"
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      "source_path": "exchanges/global-dex-major-five-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-dex-major-five-comparison.md",
      "title": "グローバル DEX 主要 5 社比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル DEX 主要 5 社比較",
        "Wiki route",
        "概要",
        "5 強プロファイル",
        "比較表 (chain / 設計 / token / 24h vol / 特徴)"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jvcea-whitelist-token-listing",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison",
        "exchanges/vetoken-host-protocol-flywheel",
        "systems/cross-chain-four-poles-overview"
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
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      "entity_edges": [],
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      "word_like_tokens": 528,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/global-institutional-custody-five-pillars.md",
      "url": "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-institutional-custody-five-pillars.md",
      "title": "グローバル機関カストディ五強 — Coinbase Custody / Fidelity / Anchorage / BitGo / Komainu",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル機関カストディ五強 — Coinbase Custody / Fidelity / Anchorage / BitGo / Komainu",
        "Wiki route",
        "概要",
        "五強プロファイル比較",
        "技術スタック分布",
        "規制ライセンス比較",
        "日本市場接触",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-institutional-custody-three-pillars"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2729,
      "word_like_tokens": 435,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/global-perp-dex-competitive-deep-dive-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/global-perp-dex-competitive-deep-dive-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-perp-dex-competitive-deep-dive-matrix.md",
      "title": "Global perp DEX competitive deep-dive matrix",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Perpetual-futures DEXs sit on three structurally distinct liquidity models — CLOB (central limit order book on-chain or hybrid), vAMM / pool-counterparty (single multi-asset LP pool serves all traders), and hybrid / oracle-pricing — and a reader who flattens them into \"all perp DEXs\" will misread fe",
      "headings": [
        "Global perp DEX competitive deep-dive matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-DEX deep-dive",
        "dYdX v3 (StarkEx L2, 2021-2023)",
        "dYdX v4 (Cosmos appchain, 2023-10 launch)",
        "Hyperliquid (Hyperliquid L1, 2023-)",
        "Vertex Protocol (Arbitrum, 2023-)",
        "Drift Protocol (Solana, 2021-)"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/cex-matching-engine-wallet-architecture",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/japan-cex-parent-fg-adjacency-matrix",
        "exchanges/jvcea-whitelist-token-listing",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison",
        "systems/INDEX",
        "systems/cross-chain-five-pole-comparison-matrix"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/japan-cex-parent-fg-adjacency-matrix",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix"
      ],
      "markdown_links": [
        "https://defillama.com/derivatives"
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      "nonspace_chars": 28443,
      "word_like_tokens": 4921,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "exchanges/global-perp-dex-five-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-perp-dex-five-comparison.md",
      "title": "グローバル Perp DEX 主要 5 社比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "グローバル Perp DEX 主要 5 社比較",
        "Wiki route",
        "概要",
        "5 強プロファイル",
        "比較表 (設計 / chain / token / 24h vol)"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/jvcea-whitelist-token-listing",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison",
        "systems/cross-chain-four-poles-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2873,
      "word_like_tokens": 521,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/global-vasp-regulatory-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/global-vasp-regulatory-comparison-matrix.md",
      "title": "グローバル VASP 規制 8 極比較マトリクス — JP / KR / HK / SG / EU / US / UAE / UK",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "世界の主要 VASP (Virtual Asset Service Provider) 規制は 8 極構造 に収斂してきた: 日本 (FSA + JVCEA 二層) / 韓国 (FSC + FIU 単一) / 香港 (SFC VATP) / シンガポール (MAS DPT) / EU (MiCA CASP) / 米国 (連邦 + 50 州フラグメント) / UAE (VARA 単独) / 英国 (FCA AML 中心 + 段階的本格化)。本エントリは 法源・ライセンス階層・必要資本・分別管理 (cold storage %)・AML/Travel Rule・ステーブルコイン規制・クロスボーダー",
      "headings": [
        "グローバル VASP 規制 8 極比較マトリクス — JP / KR / HK / SG / EU / US / UAE / UK",
        "TL;DR",
        "Wiki route",
        "Key facts",
        "A. 法源・規制当局・施行時期",
        "B. ライセンス区分・階層",
        "C. 活動カバレッジ (spot / derivatives / custody / staking / lending / NFT marketplace)",
        "D. 資本要件・分別管理",
        "E. Fit-and-proper / 出資金来源",
        "F. AML / Travel Rule 実装"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/korea-cex-five-pillars-comparison",
        "exchanges/sg-mas-dpt-licensing-overview",
        "exchanges/uae-vara-licensing-overview",
        "exchanges/uk-fca-crypto-registration-overview",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "financial-licenses/INDEX",
        "fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
        "https://finwiki.zksc.io/exchanges/uk-fca-crypto-registration-overview",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11897,
      "word_like_tokens": 2107,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/hk-sfc-vasp-licensing-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/hk-sfc-vasp-licensing-overview.md",
      "title": "香港 SFC VASP ライセンス制度 — VATP regime + 持牌 CEX overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against EU MiCA CASP (Crypto-Asset Service Provider) regime for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "香港 SFC VASP ライセンス制度 — VATP regime + 持牌 CEX overview",
        "Wiki route",
        "制度概要",
        "ライセンス取得状況 (2026 時点)",
        "主要規制要件",
        "取扱可能銘柄",
        "国際比較"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-tokyo-hash",
        "exchanges/jvcea-whitelist-token-listing",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-tokyo-hash",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2498,
      "word_like_tokens": 403,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/japan-blockchain-association-jba.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-blockchain-association-jba",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-blockchain-association-jba.md",
      "title": "JBA — 日本ブロックチェーン協会 (Japan Blockchain Association)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JCBA — 日本暗号資産ビジネス協会 for peer / contrast context and JVCEA — 認定自主規制協会 for the broader system / regulatory boundary.",
      "headings": [
        "JBA — 日本ブロックチェーン協会 (Japan Blockchain Association)",
        "Wiki route",
        "概要",
        "沿革",
        "現在の活動領域",
        "組織",
        "JCBA / JVCEA との棲み分け (三層構造)",
        "著名な歴史的会員 / 代表者",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jp-vasp-security-audit-certification",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3037,
      "word_like_tokens": 447,
      "last_modified": "2026-05-24"
    },
    {
      "source_path": "exchanges/japan-cex-parent-fg-adjacency-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-cex-parent-fg-adjacency-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-cex-parent-fg-adjacency-matrix.md",
      "title": "Japan CEX parent FG adjacency matrix",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A Japanese 暗号資産交換業者 (FSA-registered VASP) is rarely a standalone business — it is almost always a node inside a parent financial group (FG) that already runs securities, banking, payments, points, remittance, insurance, or e-commerce. The FG-adjacency dimension is what determines (a) funding cost fo",
      "headings": [
        "Japan CEX parent FG adjacency matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-operator profiles",
        "SBI VC Trade — SBI HD (8473)",
        "GMO Coin — GMO Financial HD (7177) / GMO Internet Group (9449)",
        "bitFlyer — independent (no listed parent)",
        "Coincheck — Monex Group (8698) / Coincheck Group N.V. (NASDAQ:CNCK)",
        "Rakuten Wallet — Rakuten Group (4755) / Rakuten FG"
      ],
      "wikilinks": [
        "asset-managers/daiwa-asset-management",
        "asset-managers/nomura-asset-management",
        "asset-managers/sbi-asset-management",
        "card-issuers/aeon-financial-service",
        "card-issuers/mufg-nicos",
        "card-issuers/rakuten-card",
        "card-issuers/rakuten-card\\",
        "card-issuers/smbc-card",
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-cex-points-economy-integration",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-crypto-bank-credit-facilities",
        "exchanges/jp-crypto-exchange-overview",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-dmm-com-securities",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "life-insurers/rakuten-life",
        "life-insurers/rakuten-life\\",
        "life-insurers/sbi-life",
        "life-insurers/sbi-life\\",
        "megabanks/sbi-hd",
        "megabanks/sbi-hd\\",
        "megabanks/sbi-regional-bank-hd",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/rakuten-general-insurance\\",
        "non-life-insurers/rakuten-insurance-hd",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sbi-insurance\\",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-aozora-net\\",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-epsilon\\",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-financial-hd\\",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/gmo-payment-gateway\\",
        "payment-firms/gmo-postpay",
        "payment-firms/mercari-hd",
        "payment-firms/mercari-hd\\",
        "payment-firms/rakuten-edy",
        "payment-firms/rakuten-edy\\",
        "payment-firms/rakuten-fg",
        "payment-firms/rakuten-fg\\",
        "payment-firms/sbi-remit",
        "payment-firms/sbi-remit\\",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-prepaid-electronic-money-operator-matrix",
        "regional-banks/daiwa-next-bank",
        "regional-banks/daiwa-next-bank\\",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/sbi-shinsei-bank\\",
        "securities-firms/daiwa-sg",
        "securities-firms/daiwa-sg\\",
        "securities-firms/gmo-click-securities",
        "securities-firms/gmo-click-securities\\",
        "securities-firms/monex-group",
        "securities-firms/monex-group\\",
        "securities-firms/nomura-hd",
        "securities-firms/nomura-hd\\",
        "securities-firms/rakuten-securities",
        "securities-firms/rakuten-securities\\",
        "securities-firms/sbi-fx-trade",
        "securities-firms/sbi-securities",
        "securities-firms/sbi-securities\\",
        "trust-banks/daiwa-living-trust",
        "trust-banks/nomura-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/daiwa-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/asset-managers/sbi-asset-management",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-points-economy-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/exchanges/jp-crypto-exchange-overview",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/gmo-postpay",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-prepaid-electronic-money-operator-matrix",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 29658,
      "word_like_tokens": 4892,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/japan-crypto-audit-firm-landscape.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-crypto-audit-firm-landscape.md",
      "title": "国内クリプト監査法人 ランドスケープ — Big4 + 太陽 + BDO 三優 クリプト実務比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP セキュリティ監査・認証取得状況 for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "国内クリプト監査法人 ランドスケープ — Big4 + 太陽 + BDO 三優 クリプト実務比較",
        "Wiki route",
        "概要",
        "Big4 監査法人クリプト実務",
        "有限責任監査法人トーマツ (Deloitte Touche Tohmatsu)",
        "EY 新日本有限責任監査法人 (EY ShinNihon)",
        "有限責任 あずさ監査法人 (KPMG AZSA)",
        "PwC あらた有限責任監査法人 (PwC Aarata)",
        "準大手 (Tier 2)",
        "Web3 / トークン発行体特有の論点"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/japan-crypto-law-firm-landscape",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-bank-credit-facilities",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jp-vasp-security-audit-certification",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4346,
      "word_like_tokens": 672,
      "last_modified": "2026-05-24"
    },
    {
      "source_path": "exchanges/japan-crypto-law-firm-landscape.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-crypto-law-firm-landscape.md",
      "title": "国内クリプト法律事務所 ランドスケープ — Anderson Mori / 西村あさひ / Mori Hamada / TMI / BCLP 比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内クリプト監査法人ランドスケープ for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "国内クリプト法律事務所 ランドスケープ — Anderson Mori / 西村あさひ / Mori Hamada / TMI / BCLP 比較",
        "Wiki route",
        "概要",
        "5 大事務所のクリプト実務",
        "Anderson Mori Tomotsune (アンダーソン・毛利・友常 / AMT)",
        "西村あさひ法律事務所 (Nishimura & Asahi)",
        "森・濱田松本法律事務所 (Mori Hamada & Matsumoto / MHM)",
        "TMI 総合法律事務所 (TMI Associates)",
        "BCLP (Bryan Cave Leighton Paisner / 英ロンドン本拠 + 東京オフィス)",
        "その他注目事務所"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-vc-fund-landscape",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-vc-fund-landscape",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4536,
      "word_like_tokens": 691,
      "last_modified": "2026-05-24"
    },
    {
      "source_path": "exchanges/japan-stablecoin-issuer-regulatory-classification-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-stablecoin-issuer-regulatory-classification-matrix.md",
      "title": "日本 stablecoin 発行体 規制分類マトリクス — 電子決済手段等取引業 / 信託型 / 銀行発行型 / 資金移動業者型 / 前払式支払手段境界",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "日本の円建て・USD 建て stablecoin (改正資金決済法 2023-06 で「電子決済手段」と明文定義) は、発行体の業態 × 法的根拠 で 5 つの規制カテゴリに分かれる: (1) 資金移動業者型 (EPI 第 2 種) = JPYC 唯一、(2) 信託型 (特定信託受益権・EPI 第 3 種) = Progmat プラットフォーム上で MUFG 信託・SMBC 信託・みずほ信託が発行、(3) 銀行発行型 (預金トークン、EPI 第 1 種隣接) = DCJPY と みんなの銀行 SC、(4) 電子決済手段等取引業 (ECISP) 経由の海外 SC 仲介 = SBI VC Trad",
      "headings": [
        "日本 stablecoin 発行体 規制分類マトリクス — 電子決済手段等取引業 / 信託型 / 銀行発行型 / 資金移動業者型 / 前払式支払手段境界",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-issuer / per-classification sections",
        "A. 資金移動業者型 (EPI 第 2 種) — JPYC",
        "B. 信託型 (特定信託受益権 / EPI 第 3 種) — Progmat 上で発行する三大信託銀行 + DMM",
        "C. 銀行発行型 (預金トークン / EPI 第 1 種隣接) — DCJPY + みんなの銀行 SC",
        "D. 電子決済手段等取引業 (ECISP) 経由 USD 建て SC 仲介 — SBI VC Trade + USDC",
        "E. 前払式支払手段 (legacy 境界) — JPYC v1 アーカイブ + Suica/PASMO 領域"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/crypto-custody-provider-landscape-matrix",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/japan-vasp-business-model-competitive-matrix",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-licenses/payment-license-stack",
        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/japan-ecisb-license",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "payment-firms/jpyc",
        "payment-firms/progmat",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-bnpl-credit-purchase-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/crypto-custody-provider-landscape-matrix",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/japan-vasp-business-model-competitive-matrix",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15693,
      "word_like_tokens": 2788,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/japan-vasp-business-model-competitive-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/japan-vasp-business-model-competitive-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/japan-vasp-business-model-competitive-matrix.md",
      "title": "日本 VASP ビジネスモデル競合マトリクス — 39 社の事業セグメント・収益構造・差別化軸比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "日本 FSA 登録の暗号資産交換業者 (VASP) は 2026-05 時点で約 27-39 社 (JVCEA 会員区分 + 電子決済手段等取引業を含めた延べ数)。各社は (1) 現物販売所 / (2) 現物取引所 / (3) マージン / レバレッジ / (4) 暗号資産デリバ (金商法 1 種) / (5) カストディ / (6) 銘柄上場特化 / (7) ステーキング・レンディング / (8) IEO / (9) 機関向け OTC / (10) リテール販売所 という 10 のビジネスモデル軸で異なるポジションを取る。販売所スプレッド 収益モデルが国内市場の主軸である一方、海外系日本法人",
      "headings": [
        "日本 VASP ビジネスモデル競合マトリクス — 39 社の事業セグメント・収益構造・差別化軸比較",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-operator sections",
        "A. 独立系老舗 + bitFlyer Holdings 系 (現物 + デリバ主軸)",
        "B. 金融グループ系 (現物 + デリバ + ステーキング 全方位)",
        "C. 海外系日本法人 (グローバル流動性ブリッジ)",
        "D. 機関向け・特殊セグメント (RWA / OTC / デリバ専業)",
        "E. 中小・ニッチ系 (個別深耕)"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-matching-engine-wallet-architecture",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/crypto-custody-provider-landscape-matrix",
        "exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "exchanges/jp-crypto-exchange-overview",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-backseat-exchange",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-btcbox",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-coinhub",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-dmm-com-securities",
        "exchanges/jp-exchange-finx-jcrypto",
        "exchanges/jp-exchange-gaia",
        "exchanges/jp-exchange-gate-japan",
        "exchanges/jp-exchange-gaudiy",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-goldenway-japan",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-mercury",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-money-partners",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-saxo-bank-japan",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-sblox",
        "exchanges/jp-exchange-tokyo-hash",
        "exchanges/jp-exchange-traders-securities",
        "exchanges/jp-exchange-trek-labs-japan",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-whitelist-token-listing",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/crypto-custody-provider-landscape-matrix",
        "https://finwiki.zksc.io/exchanges/dmm-bitcoin-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/japan-stablecoin-issuer-regulatory-classification-matrix",
        "https://finwiki.zksc.io/exchanges/jp-crypto-exchange-overview",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-btcbox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinhub",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-finx-jcrypto",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaia",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gate-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaudiy",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-goldenway-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-money-partners",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-saxo-bank-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sblox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-tokyo-hash",
        "https://finwiki.zksc.io/exchanges/jp-exchange-traders-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-trek-labs-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring"
      ],
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    {
      "source_path": "exchanges/jcba-japan-crypto-business-association.md",
      "url": "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jcba-japan-crypto-business-association.md",
      "title": "JCBA — 日本暗号資産ビジネス協会 (Japan Crypto-asset Business Association)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA — 日本暗号資産取引業協会 自主規制制度 for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "JCBA — 日本暗号資産ビジネス協会 (Japan Crypto-asset Business Association)",
        "Wiki route",
        "概要",
        "設立経緯と JVCEA との棲み分け",
        "組織・運営",
        "主要活動",
        "会員 (公表ベース・代表例)",
        "政策レイヤーとしての位置付け",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/japan-blockchain-association-jba",
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/japan-crypto-law-firm-landscape",
        "exchanges/jp-crypto-vc-fund-landscape",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jp-web3-policy-public-body-layer",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/japan-blockchain-association-jba",
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jp-crypto-vc-fund-landscape",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jp-web3-policy-public-body-layer",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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      "url": "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-cex-deposit-token-stablecoin-integration.md",
      "title": "国内 CEX × 預金トークン / EPI 統合戦略 — DCJPY / Progmat / JPYC 連携",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
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        "国内 CEX × 預金トークン / EPI 統合戦略 — DCJPY / Progmat / JPYC 連携",
        "Wiki route",
        "概要",
        "主要 EPI / 預金トークン プレイヤー",
        "CEX 側の対応",
        "ビジネス含意",
        "戦略ロードマップ",
        "関連エントリ"
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
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        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/three-circles-stablecoin-mra-framework",
        "payment-firms/jpyc",
        "payment-firms/progmat"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
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      "source_path": "exchanges/jp-cex-nft-marketplace-integration.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-cex-nft-marketplace-integration.md",
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      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 CEX ステーキング・レンディングサービス + 規制 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内 CEX × NFT マーケットプレイス統合モデル",
        "Wiki route",
        "概要",
        "主要サービス",
        "ビジネスモデル",
        "撤退 / 縮小フェーズ",
        "国際比較",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-points-economy-integration",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gaudiy",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/rwa-tokenization-cex-integration",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
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        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaudiy",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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      "source_path": "exchanges/jp-cex-points-economy-integration.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-cex-points-economy-integration",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-cex-points-economy-integration.md",
      "title": "国内 CEX × ポイントエコノミー統合モデル",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 CEX 販売所 vs 取引所 ビジネスモデル経済学 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内 CEX × ポイントエコノミー統合モデル",
        "Wiki route",
        "概要",
        "主要連携モデル 4 種",
        "ビジネスモデル分析",
        "海外比較",
        "戦略含意"
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-stablecoin-regulatory-landscape",
        "payment-firms/rakuten-fg",
        "securities-firms/monex-group"
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/monex-group"
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      "url": "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-cex-sales-vs-exchange-model-economics.md",
      "title": "国内 CEX 販売所 vs 取引所 ビジネスモデル経済学",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 CEX × ポイントエコノミー統合モデル for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
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        "国内 CEX 販売所 vs 取引所 ビジネスモデル経済学",
        "Wiki route",
        "概要",
        "販売所モデル (主流)",
        "取引所モデル (玄人向け)",
        "経済学的含意"
      ],
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        "exchanges/INDEX",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jp-cex-points-economy-integration",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-rakuten-wallet",
        "securities/japan-best-execution-sor-pts"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-cex-points-economy-integration",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/securities/japan-best-execution-sor-pts"
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      "url": "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-cex-staking-lending-regulation.md",
      "title": "国内 CEX ステーキング・レンディングサービス + 規制",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
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        "国内 CEX ステーキング・レンディングサービス + 規制",
        "Wiki route",
        "概要",
        "国内主要サービス",
        "規制ポイント",
        "海外事例",
        "リスク管理",
        "関連"
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/japan-financial-regulation"
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        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-asset-taxation-detailed.md",
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      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
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        "1. 概要",
        "2. 個人課税の詳細",
        "3. 法人課税",
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        "5. 2026 改正動向",
        "Cross-links",
        "Sources"
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      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "finance/multi-jurisdiction-identity-tax-leverage",
        "fintech/japan-financial-regulation"
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      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/finance/multi-jurisdiction-identity-tax-leverage",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2311,
      "word_like_tokens": 383,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-crypto-bank-credit-facilities.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-bank-credit-facilities.md",
      "title": "CEX × 日本銀行 無担保授信実績図譜",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against SBI VCトレード株式会社 — 日本暗号資産交換業者 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "CEX × 日本銀行 無担保授信実績図譜",
        "Wiki route",
        "既知の先例",
        "bitbank × きらぼし銀行(2026-03公表)⭐",
        "GMO(コイン)× きらぼし銀行 + あおぞら銀行(2022-2023)※公開ソース未確認",
        "GMO 初期 × 単一地銀(公開ソース未確認)",
        "業界共通要素",
        "銀行側の選好(パターン)",
        "きらぼし銀行",
        "あおぞら銀行"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/usd-stablecoin-interchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2940,
      "word_like_tokens": 434,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "exchanges/jp-crypto-exchange-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-exchange-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-exchange-overview.md",
      "title": "Japan crypto exchange overview — FSA / JVCEA regulated VASP market",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "日本の暗号資産交換業は、金融庁・財務局の登録制と JVCEA 自主規制の二層で成り立つ。2017-04-01 に暗号資産交換業登録制が始まり、2023-06-01 には電子決済手段等取引業も制度化された。2026-02-28 時点の金融庁英語版登録一覧では暗号資産交換業者は 27 業者。国内市場は「登録 VASP + JVCEA 会員 + FSA 監督 + 税務報告/CARF」まで含めて見る必要がある。",
      "headings": [
        "Japan crypto exchange overview — FSA / JVCEA regulated VASP market",
        "TL;DR",
        "1. 制度構造",
        "2. Market map",
        "3. Strategic reading",
        "4. 規制と政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-btcbox",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-traders-securities",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-btcbox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-traders-securities",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4134,
      "word_like_tokens": 572,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/jp-crypto-market-maker-otc-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-market-maker-otc-layer.md",
      "title": "国内暗号資産マーケットメイカー / OTC デスク業界 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global cex prime brokerage layer for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内暗号資産マーケットメイカー / OTC デスク業界 overview",
        "Wiki route",
        "概要",
        "グローバル MM の国内展開",
        "国内 OTC デスク独自プレイヤー",
        "ビジネスモデル",
        "規制関係",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-mercury",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "securities/japan-best-execution-sor-pts"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/securities/japan-best-execution-sor-pts"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1931,
      "word_like_tokens": 316,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-crypto-merchant-payment-lightning.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-merchant-payment-lightning",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-merchant-payment-lightning.md",
      "title": "国内暗号資産マーチャント決済 + Lightning Network",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "国内暗号資産マーチャント決済 + Lightning Network",
        "Wiki route",
        "概要",
        "国内主要事業者・サービス",
        "Lightning Network 国内導入",
        "規制位置",
        "国際比較",
        "関連",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-gaia",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/japan-financial-regulation",
        "payments/japan-payment-clearing-and-settlement-infrastructure"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaia",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2273,
      "word_like_tokens": 338,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-crypto-on-off-ramp-bridge-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-on-off-ramp-bridge-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-on-off-ramp-bridge-layer.md",
      "title": "国内向け on/off ramp + 法定通貨↔暗号資産ブリッジ層 (MoonPay / Transak / Banxa / VASP 直接)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内暗号資産マーケットメイカー / OTC デスク業界 for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "国内向け on/off ramp + 法定通貨↔暗号資産ブリッジ層 (MoonPay / Transak / Banxa / VASP 直接)",
        "Wiki route",
        "概要",
        "国内 VASP 直接ルート (公式 on/off ramp)",
        "海外 on-ramp 事業者の対日提供 (越境)",
        "取引所直接ルートと dApps ブリッジの組合せ",
        "クレジットカード / Pay 系の組合せ",
        "ステーブルコイン on-ramp の特殊性",
        "規制 + 監査 + フォレンジック",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-crypto-merchant-payment-lightning",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-merchant-payment-lightning",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4162,
      "word_like_tokens": 681,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-crypto-staking-as-a-service-operators.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-staking-as-a-service-operators",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-staking-as-a-service-operators.md",
      "title": "国内向けステーキング・アズ・ア・サービス (StaaS) 事業者層",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内機関カストディ三本柱 for peer / contrast context and JVCEA 自主規制 for the broader system / regulatory boundary.",
      "headings": [
        "国内向けステーキング・アズ・ア・サービス (StaaS) 事業者層",
        "Wiki route",
        "概要",
        "国内 VASP のリテールステーキングサービス",
        "海外 StaaS 事業者の対日 B2B 提供",
        "国内機関の利用パターン",
        "規制論点",
        "Liquid Staking Token (LST) と国内取り扱い",
        "監査 + 法務との連携",
        "Related"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/japan-crypto-law-firm-landscape",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-market-maker-otc-layer",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-market-maker-otc-layer",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4026,
      "word_like_tokens": 649,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-crypto-tax-software-vendor-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-tax-software-vendor-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-tax-software-vendor-layer.md",
      "title": "国内暗号資産税務ソフトウェアベンダー層 (Cryptact / Gtax / CryptoLinc / Coinly 等)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内暗号資産税制詳細 for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "国内暗号資産税務ソフトウェアベンダー層 (Cryptact / Gtax / CryptoLinc / Coinly 等)",
        "Wiki route",
        "概要",
        "国内主要ベンダー",
        "Cryptact (株式会社クリプタクト)",
        "Gtax (株式会社 Aerial Partners 提供)",
        "CryptoLinc (旧 GxC / 株式会社 GxC)",
        "Koinly (海外大手の日本対応)",
        "その他",
        "主要機能 (各社共通)"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/japan-crypto-law-firm-landscape",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-crypto-on-off-ramp-bridge-layer",
        "exchanges/jp-crypto-staking-as-a-service-operators",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/japan-crypto-law-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-crypto-on-off-ramp-bridge-layer",
        "https://finwiki.zksc.io/exchanges/jp-crypto-staking-as-a-service-operators",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
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      "last_modified": "2026-05-24"
    },
    {
      "source_path": "exchanges/jp-crypto-vc-fund-landscape.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-crypto-vc-fund-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-crypto-vc-fund-landscape.md",
      "title": "国内暗号資産 VC + クリプトファンド ランドスケープ",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against solana ecosystem dex comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内暗号資産 VC + クリプトファンド ランドスケープ",
        "Wiki route",
        "概要",
        "独立系クリプト VC",
        "大手企業系 CVC",
        "海外大手 LP / 投資家の国内 PRJ 出資例",
        "国内 PRJ 投資ハブ"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sblox",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/solana-ecosystem-dex-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sblox",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison"
      ],
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    },
    {
      "source_path": "exchanges/jp-custody-fireblocks-japan.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-custody-fireblocks-japan.md",
      "title": "Fireblocks — グローバル MPC カストディ・インフラプロバイダー（日本展開）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Fireblocks — グローバル MPC カストディ・インフラプロバイダー（日本展開）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 対応アセット",
        "4. 業務範囲・主要プロダクト",
        "5. 市場ポジション・競合比較",
        "グローバル institutional custody 市場",
        "日本国内競合・住み分け",
        "6. 沿革・日本展開"
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      "wikilinks": [
        "agent-economy/embedded-wallet-network-effects-moat",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/maina-wallet-kyc-permissionless-ux-bridge"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/agent-economy/embedded-wallet-network-effects-moat",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/maina-wallet-kyc-permissionless-ux-bridge"
      ],
      "markdown_links": [
        "https://coinpost.jp/?s=Fireblocks",
        "https://coinpost.jp/?s=Fireblocks+SMBC",
        "https://en.wikipedia.org/wiki/Fireblocks",
        "https://www.fireblocks.com/about/",
        "https://www.fireblocks.com/customers/mitsui/",
        "https://www.ginco.co.jp/en",
        "https://www.linkedin.com/company/fireblocks/",
        "https://www.neweconomy.jp/?s=Fireblocks+%E4%B8%89%E4%BA%95%E4%BD%8F%E5%8F%8B"
      ],
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    },
    {
      "source_path": "exchanges/jp-custody-ginco.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-custody-ginco.md",
      "title": "株式会社Ginco — 日本 B2B ブロックチェーン・カストディインフラ提供者",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社Ginco — 日本 B2B ブロックチェーン・カストディインフラ提供者",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "主要製品・サービス",
        "対応事業領域",
        "5. 市占・位置付け",
        "6. 沿革・重大事件"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [
        "https://www.ginco.co.jp/business/crypto-exchange",
        "https://www.ginco.co.jp/company",
        "https://www.ginco.co.jp/company/outline",
        "https://www.ginco.co.jp/news",
        "https://www.ginco.co.jp/service/enterprise-wallet"
      ],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-custody-komainu.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-custody-komainu.md",
      "title": "Komainu — 機関投資家向けデジタル資産 custody 専業",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Komainu — 機関投資家向けデジタル資産 custody 専業",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱 asset（custody 対象）",
        "4. 業務範囲",
        "5. 市場ポジション・顧客層",
        "6. 沿革・重大事件",
        "7. 戦略動向（直近 12 ヶ月）",
        "8. 経営陣"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/uae-vara-licensing-overview",
        "fintech/japan-financial-regulation",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [
        "https://coinpost.jp/?s=Komainu",
        "https://coinpost.jp/p/596xxx",
        "https://komainu.com/",
        "https://komainu.com/about/",
        "https://komainu.com/services/"
      ],
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      "word_like_tokens": 1021,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/jp-exchange-backseat-exchange.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-backseat-exchange.md",
      "title": "BACKSEAT暗号資産交換業株式会社 — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "BACKSEAT暗号資産交換業株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-ieo-system-and-cases",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-ieo-system-and-cases",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
      "markdown_links": [
        "https://jvcea.or.jp/member/",
        "https://service.coinbook.co.jp/",
        "https://www.backseat-exchange.com/",
        "https://www.backseat-exchange.com/about",
        "https://www.coinbook.co.jp/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
      ],
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    },
    {
      "source_path": "exchanges/jp-exchange-bi-fxtrade.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-bi-fxtrade.md",
      "title": "SBI FXトレード株式会社（BI FXTRADE）— 日本暗号資産デリバティブ業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "SBI FXトレード株式会社（BI FXTRADE）— 日本暗号資産デリバティブ業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/sbi-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/sbi-hd"
      ],
      "markdown_links": [
        "https://corp.sbifxt.co.jp/",
        "https://corp.sbifxt.co.jp/company/",
        "https://jvcea.or.jp/member/",
        "https://www.sbifxt.co.jp/advantage/cfd_coin.html",
        "https://www.sbifxt.co.jp/advantage/cfd_index.html",
        "https://www.sbifxt.co.jp/service/cfd_index.html"
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      "word_like_tokens": 817,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "exchanges/jp-exchange-binance-japan.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-binance-japan.md",
      "title": "Binance Japan株式会社 — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Binance Japan株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
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        "3. 取扱通貨",
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        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/jvcea-whitelist-token-listing",
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        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社 bitFlyer — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-parent-company-map",
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      "summary": "This entry sits under exchanges index. Read it with SBI VC トレード株式会社（吸収合併存続会社）for the absorption context, JP VASP M&A コンソリデーション史 for industry context, and FSA 業務改善命令履歴 for regulatory action context.",
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        "5. 市占・取引高",
        "6. 沿革・重大事件",
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        "exchanges/fsa-vasp-registration-system",
        "exchanges/japan-cex-parent-fg-adjacency-matrix",
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        "Wiki route",
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        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向（直近 12 ヶ月）",
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      "entry_type": "wiki_entry",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/jp-exchange-bitflyer",
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        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "fintech/japan-bittrade-listing-process",
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        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
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        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/japan-bittrade-listing-process",
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        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
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        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "コインチェック株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
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        "7. 戦略動向",
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        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-ieo-system-and-cases",
        "fintech/japan-financial-regulation",
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        "https://efts.sec.gov/LATEST/search-index?q=%22coincheck%22&dateRange=custom&startdt=2024-01-01&enddt=2025-01-01&forms=S-4,8-K,6-K",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "COINHUB株式会社 — 日本暗号資産交換業者",
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        "TL;DR",
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        "2. 業務範囲",
        "3. 戦略動向",
        "Related",
        "Sources"
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        "exchanges/jp-exchange-finx-jcrypto",
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        "1. 法人・株主",
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        "3. 取扱通貨",
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        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "fintech/japan-bittrade-listing-process",
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        "https://cryptogarage.co.jp/services/rd/",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "株式会社 Custodiem — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-digital-asset-markets.md",
      "title": "株式会社デジタルアセットマーケッツ — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/rwa-tokenization-cex-integration",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
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        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/fsa-vasp-registration-system",
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        "exchanges/jp-vasp-incident-history",
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        "4. 業務範囲",
        "5. 市占・取引高",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against Coinbase 株式会社 — 日本暗号資産交換業者 for the closest parallel pattern (外資系 retail exit) and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "Payward Asia (Kraken Japan) — 日本暗号資産交換業者（dormant / 撤退）overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況（歴史）",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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    },
    {
      "source_path": "exchanges/jp-exchange-laser-digital-japan.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-laser-digital-japan.md",
      "title": "Laser Digital Japan — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Laser Digital Japan — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jvcea-type2-associate-membership-system",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jvcea-type2-associate-membership-system",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [
        "https://coinpost.jp/?p=655580",
        "https://coinpost.jp/?p=685975",
        "https://jvcea.or.jp/member/",
        "https://komainu.com/about/",
        "https://laserdigital.com/",
        "https://laserdigital.com/company-news/",
        "https://laserdigital.com/company-news/laser-digital-japan-to-participate-in-hitachi-led-aml-framework-project-for-digital-assets-supported-by-the-jfsas-fintech-poc-hub/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
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    },
    {
      "source_path": "exchanges/jp-exchange-line-xenesis.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-line-xenesis.md",
      "title": "LINE Xenesis株式会社 — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "LINE Xenesis株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-nft-marketplace-integration",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/paypay-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-nft-marketplace-integration",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/paypay-fg"
      ],
      "markdown_links": [
        "https://coinpost.jp/",
        "https://jvcea.or.jp/member/",
        "https://www.bitmax.me/",
        "https://www.bitmax.me/notice/100024017",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.linexenesiscorp.com/",
        "https://www.linexenesiscorp.com/en/",
        "https://www.lycorp.co.jp/news/release"
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      "last_modified": "2026-06-24"
    },
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-mercoin.md",
      "title": "株式会社メルコイン — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社メルコイン — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-points-economy-integration",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-points-economy-integration",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [
        "https://about.mercoin.com/",
        "https://about.mercoin.com/about/",
        "https://about.mercoin.com/news/",
        "https://about.mercoin.com/news/20230309_bitcoin/",
        "https://jvcea.or.jp/member/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-exchange-mercury.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-mercury.md",
      "title": "株式会社マーキュリー（CoinTrade） — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社マーキュリー（CoinTrade） — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
      "markdown_links": [
        "https://coin-trade.cc/",
        "https://coin-trade.cc/about/company",
        "https://coin-trade.cc/media",
        "https://jvcea.or.jp/member/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-exchange-monex.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-monex.md",
      "title": "マネックス株式会社 — 日本暗号資産デリバティブ取引業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "マネックス株式会社 — 日本暗号資産デリバティブ取引業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-dmm-com-securities",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "securities-firms/monex-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/securities-firms/monex-group"
      ],
      "markdown_links": [
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        "https://info.monex.co.jp/crypto/",
        "https://jvcea.or.jp/member/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-money-partners",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-money-partners.md",
      "title": "株式会社マネーパートナーズ — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社マネーパートナーズ — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
      ],
      "markdown_links": [
        "https://jvcea.or.jp/member/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.moneypartners.co.jp/aboutus/outline.html",
        "https://www.moneypartners.co.jp/crypto/index.html",
        "https://www.moneypartners.co.jp/news/2025/"
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      "last_modified": "2026-06-24"
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    {
      "source_path": "exchanges/jp-exchange-okcoin-japan.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-okcoin-japan.md",
      "title": "オーケーコイン・ジャパン株式会社（OKJ） — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
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        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
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        "3. 取扱通貨",
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        "3. 取扱通貨",
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        "5. 市占・取引高",
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        "JVCEA 第二種会員とは",
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        "3. 取扱通貨",
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      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "S.BLOX株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-cex-nft-marketplace-integration",
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        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
      ],
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-cex-nft-marketplace-integration",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
      ],
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        "https://coinpost.jp/?p=541838",
        "https://jvcea.or.jp/member/",
        "https://prtimes.jp/main/html/searchrlp/company_id/130885",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-tokyo-hash",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-tokyo-hash.md",
      "title": "東京ハッシュ株式会社 — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "東京ハッシュ株式会社 — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
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        "exchanges/fsa-vasp-registration-system",
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        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
      ],
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
      "markdown_links": [
        "https://group.hashkey.com/en/about/",
        "https://group.hashkey.com/en/newsroom/hashkey-secures-hong-kong-sfc-approval-in-principle-licensed-virtual-asset-trading-platform",
        "https://jvcea.or.jp/member/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.tokyohash.co.jp/company/group_companies/",
        "https://www.tokyohash.co.jp/company/profile/",
        "https://www.tokyohash.co.jp/news/",
        "https://www.tokyohash.co.jp/product/"
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    {
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-traders-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-traders-securities.md",
      "title": "トレイダーズ証券 — 日本暗号資産デリバティブ取引業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "トレイダーズ証券 — 日本暗号資産デリバティブ取引業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
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        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-listed-cex-related-companies-matrix",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
      ],
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
      ],
      "markdown_links": [
        "https://finance.yahoo.co.jp/quote/8704.T",
        "https://jvcea.or.jp/member/",
        "https://min-fx.jp/lineup/coin/",
        "https://traderssec.com/company/directors/",
        "https://traderssec.com/company/outline/",
        "https://traderssec.com/disclosure/account/",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx"
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-trek-labs-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-trek-labs-japan.md",
      "title": "Trek Labs Japan 株式会社 — 日本暗号資産交換業者（準備法人）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Trek Labs Japan 株式会社 — 日本暗号資産交換業者（準備法人）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "agent-economy/solana-saga-seeker-mobile-stack-overview",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-saxo-bank-japan",
        "exchanges/jvcea-type2-associate-membership-system",
        "exchanges/solana-ecosystem-dex-comparison",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
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        "https://finwiki.zksc.io/agent-economy/solana-saga-seeker-mobile-stack-overview",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-saxo-bank-japan",
        "https://finwiki.zksc.io/exchanges/jvcea-type2-associate-membership-system",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
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      "markdown_links": [
        "https://coinpost.jp/?p=513522",
        "https://coinpost.jp/?p=579469",
        "https://coinpost.jp/?p=585738",
        "https://cryptocurrency-association.org/member/",
        "https://jp.support.backpack.exchange/",
        "https://jvcea.or.jp/member/"
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      "url": "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-exchange-zaif.md",
      "title": "株式会社Zaif — 日本暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "株式会社Zaif — 日本暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "前身法人：テックビューロ株式会社（法人番号 1120001184556）",
        "現 Zaif Inc. の法人：株式会社フィスコ・コイン → 現在（法人番号 1120101054642）"
      ],
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        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
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        "https://corp.zaif.jp/outline/",
        "https://jvcea.or.jp/member/",
        "https://support.zaif.jp/hc/ja/articles/12243845421337",
        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
        "https://www.fsa.go.jp/news/30/virtual_currency/20180925.html",
        "https://www.houjin-bangou.nta.go.jp/henkorireki-johoto.html?selHouzinNo=1120001184556",
        "https://www.houjin-bangou.nta.go.jp/henkorireki-johoto.html?selHouzinNo=1120101054642",
        "https://www.jngroup.jp/corporate/outline/",
        "https://www.nihon-ma.co.jp/news/2025/07/15/",
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      "source_path": "exchanges/jp-foreign-exchange-binance-holdings-legacy.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-binance-holdings-legacy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-binance-holdings-legacy.md",
      "title": "Binance Holdings Limited — 日本FSA警告対象・無登録海外業者（歴史的記録）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Binance Holdings Limited — 日本FSA警告対象・無登録海外業者（歴史的記録）",
        "Wiki route",
        "1. 法人・株主（グローバル親会社の概要）",
        "2. 日本における牌照・無登録状態の経緯",
        "3. 日本への事業展開（歴史）",
        "4. 業務範囲（日本居住者向け・無登録期間中）",
        "5. 市占・存在感（無登録期間中）",
        "6. 沿革・重大事件",
        "グローバル成長期（2017〜2018年）",
        "規制回避期（2018〜2021年）"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
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      "markdown_links": [
        "https://about.paypay.ne.jp/pr/20251009/",
        "https://ja.wikipedia.org/wiki/Binance_Japan",
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        "https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx",
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      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitcastle",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-bitcastle.md",
      "title": "bitcastle LLC — 日本向け海外無登録暗号資産取引所",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "bitcastle LLC — 日本向け海外無登録暗号資産取引所",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
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        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-mexc",
        "fintech/japan-financial-regulation"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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      "markdown_links": [
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        "https://ja.wikipedia.org/wiki/Bitcastle",
        "https://lfb.mof.go.jp/rizai/pagekthp033000321",
        "https://www.ewarrant-sec.jp/bitcastle-interview",
        "https://www.fsa.go.jp/news/r6/kasou_tuka/bitcastle_llc_keikokushiryo.pdf",
        "https://www.fsa.go.jp/ordinary/chuui/mutouroku.html",
        "https://www.neweconomy.jp/posts/435203"
      ],
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-bitforex.md",
      "title": "Bitforex Limited — 日本向け無登録海外暗号資産交換業者（FSA 警告 2 回・2024 年実質閉鎖）",
      "domain": "exchanges",
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      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "Bitforex Limited — 日本向け無登録海外暗号資産交換業者（FSA 警告 2 回・2024 年実質閉鎖）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
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        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-mexc",
        "fintech/japan-financial-regulation",
        "security/forensic-identity-anchor-chain"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain"
      ],
      "markdown_links": [
        "https://coinpost.jp/",
        "https://www.dlnews.com/",
        "https://www.forbes.com/",
        "https://www.fsa.go.jp/policy/virtual_currency02/BitforexLimited2_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/BitforexLimited_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/angoushisan_mutouroku.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/index.html",
        "https://www.halborn.com/post/",
        "https://www.neweconomy.jp/posts/",
        "https://www.nikkei.com/search?keyword=Bitforex+%E9%87%91%E8%9E%8D%E5%BA%81"
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      "last_modified": "2026-05-24"
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      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-bitget.md",
      "title": "Bitget Limited — 日本向け海外無登録暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Bitget Limited — 日本向け海外無登録暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
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        "exchanges/INDEX",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-mexc",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [
        "https://coinpost.jp/?s=Bitget",
        "https://jinacoin.ne.jp/",
        "https://www.bitget.com/ja/blog/press-release/",
        "https://www.fsa.go.jp/news/r6/kasou_tuka/20241128/bitget_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/Bitget_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/index.html",
        "https://www.google.com/search?q=Bitget+Limited+FSA+%E9%87%91%E8%9E%8D%E5%BA%81+%E8%AD%A6%E5%91%8A+2023"
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      "source_path": "exchanges/jp-foreign-exchange-bybit.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-bybit.md",
      "title": "Bybit — 海外無登録暗号資産交換所（日本FSA警告3回）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "Bybit — 海外無登録暗号資産交換所（日本FSA警告3回）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/bybit-lazarus-hack-detailed-analysis",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/uae-vara-licensing-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/bybit-lazarus-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [
        "https://coinpost.jp/?s=Bybit+%E9%87%91%E8%9E%8D%E5%BA%81",
        "https://en.wikipedia.org/wiki/Bybit",
        "https://www.financemagnates.com/cryptocurrency/regulation/fsa-warns-of-bybit-operating-unregistered-crypto-services-in-japan/",
        "https://www.fsa.go.jp/policy/virtual_currency02/index.html",
        "https://www.neweconomy.jp/posts/435203",
        "https://www.thestreet.com/crypto/policy/japan-blocks-major-crypto-exchanges-from-app-store-and-google-play"
      ],
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      "last_modified": "2026-05-24"
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    {
      "source_path": "exchanges/jp-foreign-exchange-kucoin.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-kucoin.md",
      "title": "KuCoin — 海外無登録暗号資産交換所（日本FSA警告）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "KuCoin — 海外無登録暗号資産交換所（日本FSA警告）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-crypto-exchange-bankruptcy-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-mexc",
        "fintech/japan-financial-regulation"
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-crypto-exchange-bankruptcy-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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        "https://en.wikipedia.org/wiki/KuCoin",
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      "source_path": "exchanges/jp-foreign-exchange-lbank.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-lbank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-lbank.md",
      "title": "LBank Exchange — 日本向け海外無登録暗号資産交換業者 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
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        "LBank Exchange — 日本向け海外無登録暗号資産交換業者 overview",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bitcastle",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-foreign-exchange-mexc",
        "fintech/japan-financial-regulation"
      ],
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        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitcastle",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [
        "https://nextmoney.jp/?p=59575",
        "https://nextmoney.jp/?p=66527",
        "https://nextmoney.jp/?p=78390",
        "https://www.fsa.go.jp/policy/virtual_currency/angoushisan_mutouroku.xlsx",
        "https://www.fsa.go.jp/policy/virtual_currency02/LBank_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/index.html",
        "https://www.lbank.com/"
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      "url": "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-foreign-exchange-mexc.md",
      "title": "MEXC Global — 海外無登録暗号資産交換業者（日本 FSA 警告 2 回）",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "MEXC Global — 海外無登録暗号資産交換業者（日本 FSA 警告 2 回）",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨",
        "4. 業務範囲",
        "5. 市占・取引高",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-foreign-exchange-bitget",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/jp-foreign-exchange-kucoin",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/japan-financial-regulation"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitget",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-kucoin",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
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        "https://www.fsa.go.jp/policy/virtual_currency/angoushisan_mutouroku.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency/angoushisan_mutouroku.xlsx",
        "https://www.fsa.go.jp/policy/virtual_currency02/MEXCGlobal_keikokushiryo.pdf",
        "https://www.fsa.go.jp/policy/virtual_currency02/index.html",
        "https://www.fsa.go.jp/policy/virtual_currency02/mexc_global_keikokushiryo.pdf",
        "https://www.globenewswire.com/",
        "https://www.neweconomy.jp/posts/435203",
        "https://www.nikkei.com/"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-ieo-system-and-cases.md",
      "title": "国内 IEO (Initial Exchange Offering) 制度 + 主要案件 timeline",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA 取扱銘柄 WhiteList 制度 — トークン上場プロセス + Green/Yellow リスト for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内 IEO (Initial Exchange Offering) 制度 + 主要案件 timeline",
        "Wiki route",
        "1. 制度概要",
        "2. JVCEA IEO 規則 主要要件",
        "3. 国内主要 IEO 案件 (2021-2026)",
        "4. ビジネス含意",
        "5. グローバル比較"
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      "wikilinks": [
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        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-whitelist-listing-timeline",
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      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-listing-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing"
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    {
      "source_path": "exchanges/jp-institutional-custody-three-pillars.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-institutional-custody-three-pillars.md",
      "title": "国内機関カストディ三強構造 — Komainu / Ginco / Fireblocks Japan 比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "国内機関向けカストディ市場は 技術 (cold vs MPC) × 親会社 (国内 vs 海外) の二軸で分化している。VASP の自社カストディ (bitFlyer / Coincheck / bitbank 等) と並行して、B2B vendor 層 (機関・他 VASP・金融機関向けインフラ供給) が形成されており、その中核に Komainu / Ginco / Fireblocks Japan の三社が位置する。",
      "headings": [
        "国内機関カストディ三強構造 — Komainu / Ginco / Fireblocks Japan 比較",
        "概要",
        "三社プロファイル",
        "Komainu Holdings (英国 Jersey)",
        "株式会社 Ginco (国内独立系)",
        "Fireblocks Japan (海外 vendor 日本法人)",
        "技術 / ビジネスモデル比較",
        "規制位置づけ",
        "競合層 (海外比較)"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-custody-fireblocks-japan",
        "exchanges/jp-custody-ginco",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-laser-digital-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-custody-fireblocks-japan",
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2003,
      "word_like_tokens": 329,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-listed-cex-related-companies-matrix.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-listed-cex-related-companies-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-listed-cex-related-companies-matrix.md",
      "title": "国内上場 CEX 関連企業マトリックス — 東証・Nasdaq 上場 + 持株会社一覧",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP 親会社・株主構造マップ — 三分類 + 大手金融グループ系列 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内上場 CEX 関連企業マトリックス — 東証・Nasdaq 上場 + 持株会社一覧",
        "Wiki route",
        "概要",
        "自社・直接親会社 上場マトリックス",
        "海外上場 親会社経由",
        "投資家含意"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-mercury",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-money-partners",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-tokyo-hash",
        "exchanges/jp-exchange-traders-securities",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-vasp-ma-consolidation-history",
        "exchanges/jp-vasp-parent-company-map",
        "megabanks/sbi-hd",
        "payment-firms/bitflyer",
        "payment-firms/gmo-financial-hd",
        "securities-firms/monex-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-money-partners",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-tokyo-hash",
        "https://finwiki.zksc.io/exchanges/jp-exchange-traders-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/securities-firms/monex-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2318,
      "word_like_tokens": 382,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/jp-vasp-aml-travel-rule-implementation.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-aml-travel-rule-implementation.md",
      "title": "国内 VASP 犯収法 + FATF Travel Rule 国内実装 (2023-)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "国内 VASP は 犯罪収益移転防止法 (犯収法) で本人確認 + 取引監視 + 疑わしい取引届出を義務化されている。FATF Recommendation 16 (Travel Rule) は 2023-06 改正犯収法施行で完全実装され、仮想資産送金が ≥ 10 万円相当 で送受信両者の KYC データ伝達が義務化された。AML/CFT 体系は FSA 監督 + JAFIC (警察庁) 情報集約 + JVCEA 自主規制の三層構造で運用される。",
      "headings": [
        "国内 VASP 犯収法 + FATF Travel Rule 国内実装 (2023-)",
        "概要",
        "犯収法上の義務 4 本柱",
        "Travel Rule 国内実装",
        "海外との相互運用",
        "リスクと課題",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/fatf-travel-rule-cross-border-stack",
        "fintech/fatf-travel-rule-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1743,
      "word_like_tokens": 298,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-cold-storage-segregation-rules.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-cold-storage-segregation-rules.md",
      "title": "国内 VASP コールド保管 95% + 分別管理制度",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "国内 VASP コールド保管 95% + 分別管理制度",
        "Wiki route",
        "制度概要",
        "コールド/ホットの定義と例外",
        "分別管理の 3 形態",
        "国内主要 VASP の運用例",
        "グローバル比較"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cex-matching-engine-wallet-architecture",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-institutional-custody-three-pillars",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cex-matching-engine-wallet-architecture",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-institutional-custody-three-pillars",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2090,
      "word_like_tokens": 308,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-derivative-license-system.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-derivative-license-system.md",
      "title": "国内暗号資産デリバティブ取引業 制度 — 金商法 × 資金決済法 デュアル登録",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2020-05 施行の改正金融商品取引業（金商法）により、暗号資産デリバティブ取引業が「金融商品取引業」の対象に編入された。これにより日本の暗号資産業界は spot 取引（資金決済法 = 暗号資産交換業者登録） と デリバ取引（金商法 = 第一種金融商品取引業者登録） の 二本立て規制 に分離された。同じ「暗号資産」を扱っても、現物受渡しの有無で適用法令と登録ルートが異なる点が他国比較でも特徴的。詳細は 日本金融規制 体系を参照。",
      "headings": [
        "国内暗号資産デリバティブ取引業 制度 — 金商法 × 資金決済法 デュアル登録",
        "制度概要",
        "二種類のライセンス保有パターン",
        "レバレッジ規制 (2020-)",
        "登録番号体系",
        "実質的影響: ネット FX 業者の自然な参入"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-dmm-com-securities",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-goldenway-japan",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-traders-securities",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-goldenway-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-traders-securities",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1997,
      "word_like_tokens": 322,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-incident-history.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-incident-history.md",
      "title": "国内 VASP 暗号資産流出事件史 (2014-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "国内 VASP 史は大規模流出事件によって規制が前進してきた歴史である。Mt.Gox (2014) は資金決済法改正の引き金となり、Coincheck (2018) は自主規制機関 JVCEA 発足とコールド保管比率規制の起点、DMM Bitcoin (2024) は北朝鮮 Lazarus 帰属が公的に確認された大型事案として SBI VC トレードへの事業移管を生んだ。流出は単発事件でなく、ホットウォレット 5% 上限・分別管理義務などの「制度反射」を伴って繰り返されてきた。",
      "headings": [
        "国内 VASP 暗号資産流出事件史 (2014-2026)",
        "概要",
        "主要事件 timeline",
        "規制反射 (3 段階)",
        "Lazarus 帰属の位置づけ",
        "関連"
      ],
      "wikilinks": [
        "exchanges/jp-custody-ginco",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-foreign-exchange-bitforex",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-custody-ginco",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bitforex",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2072,
      "word_like_tokens": 336,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-ma-consolidation-history.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-ma-consolidation-history",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-ma-consolidation-history.md",
      "title": "国内暗号資産交換業 M&A 統廃合史 (2018-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP 暗号資産流出事件史 (2014-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "国内暗号資産交換業 M&A 統廃合史 (2018-2026)",
        "Wiki route",
        "概要",
        "主要案件 timeline",
        "動因分析(3 つの統合トリガー)",
        "統合後の市場集中度 (2026-05 時点)",
        "関連エントリ"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-dmm-bitcoin",
        "exchanges/jp-exchange-monex",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-sblox",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-vasp-incident-history"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-bitcoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-monex",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sblox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2582,
      "word_like_tokens": 426,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-parent-company-map.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-parent-company-map.md",
      "title": "国内 VASP 親会社・株主構造マップ",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "国内暗号資産交換業者 (VASP) は約 35 社 (2026-05 時点) が FSA 登録済みで、親会社属性により行動様式が大きく異なる。資本系列を 3 大分類で整理すると、(1) 上場会社系（独立した持株会社・事業会社の子会社）、(2) 独立系（親会社なし、創業者・経営陣保有）、(3) 海外系（グローバル CEX の日本法人）に分かれ、それぞれ商品設計・コンプラ姿勢・流動性供給戦略が異なる。",
      "headings": [
        "国内 VASP 親会社・株主構造マップ",
        "概要",
        "大手金融 conglomerate 系（主要 5 群）",
        "上場会社系（上記以外）",
        "海外系（グローバル CEX 日本法人）",
        "独立系（親会社なし）",
        "行動様式の差"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-backseat-exchange",
        "exchanges/jp-exchange-bi-fxtrade",
        "exchanges/jp-exchange-binance-japan",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-btcbox",
        "exchanges/jp-exchange-coinbase-japan",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-crypto-garage",
        "exchanges/jp-exchange-custodiem",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-gaia",
        "exchanges/jp-exchange-gate-japan",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-exchange-mercoin",
        "exchanges/jp-exchange-mercury",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-exchange-osl-japan",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-saxo-bank-japan",
        "exchanges/jp-exchange-sbi-securities",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-exchange-tokyo-hash",
        "exchanges/jp-exchange-trek-labs-japan",
        "exchanges/jp-exchange-zaif",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jvcea-self-regulatory-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bi-fxtrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-binance-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-btcbox",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coinbase-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-crypto-garage",
        "https://finwiki.zksc.io/exchanges/jp-exchange-custodiem",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaia",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gate-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercoin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-mercury",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-osl-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-saxo-bank-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-securities",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-tokyo-hash",
        "https://finwiki.zksc.io/exchanges/jp-exchange-trek-labs-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-zaif",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2913,
      "word_like_tokens": 447,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/jp-vasp-regulatory-timeline.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-regulatory-timeline.md",
      "title": "国内暗号資産 VASP 規制タイムライン (2014-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "日本の暗号資産規制は、国内大型インシデント (Mt.Gox・Coincheck) と 国際協調圧力 (FATF Travel Rule・MiCA・GENIUS Act 等) の両方をトリガーに段階的に積層されてきた。世界で最も早く包括的な VASP 法体系を持つジュリスディクションのひとつで、現在は 資金決済法 + 金商法 + 自主規制 (JVCEA) の三層構造で運用されている。詳細な登録制度は exchanges/fsa-vasp-registration-system、自主規制詳細は exchanges/jvcea-self-regulatory-overview を参照。",
      "headings": [
        "国内暗号資産 VASP 規制タイムライン (2014-2026)",
        "概要",
        "主要 規制マイルストーン (年代順)",
        "規制の三層構造 (2026 時点)"
      ],
      "wikilinks": [
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/fatf-travel-rule-overview",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1832,
      "word_like_tokens": 293,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jp-vasp-security-audit-certification.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-vasp-security-audit-certification.md",
      "title": "国内 VASP セキュリティ・監査・ISMS 認証実態",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "国内 VASP は FSA 監督指針 + JVCEA 自主規制規則 + 業界自主標準 の三層でセキュリティ + 監査義務を負う。法定要件に加え、ISMS (ISO/IEC 27001) や SOC2 Type II 報告書 等の第三者認証取得が事実上のスタンダード化しており、機関投資家オンボーディング + 海外連携 + B2B custody 受託の前提条件となっている。Coincheck NEM 流出 (2018) + DMM Bitcoin Lazarus 流出 (2024) を経て、認証取得は「任意だが取らないと業界に居られない」状態。",
      "headings": [
        "国内 VASP セキュリティ・監査・ISMS 認証実態",
        "概要",
        "法令上の義務 (改正資金決済法 + 監督指針)",
        "第三者認証 (任意だが事実上必須)",
        "監査法人別 担当 VASP",
        "国際比較",
        "関連"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/korea-cex-five-pillars-comparison",
        "exchanges/us-crypto-licensing-multi-layer-system"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1748,
      "word_like_tokens": 289,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/jp-web3-policy-public-body-layer.md",
      "url": "https://finwiki.zksc.io/exchanges/jp-web3-policy-public-body-layer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jp-web3-policy-public-body-layer.md",
      "title": "国内 Web3 / 暗号資産 公共政策ボディ層 (METI Web3 政策室 / 自民党 web3 PT / 内閣官房)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JCBA — 日本暗号資産ビジネス協会 for peer / contrast context and FSA 暗号資産交換業登録制度 for the broader system / regulatory boundary.",
      "headings": [
        "国内 Web3 / 暗号資産 公共政策ボディ層 (METI Web3 政策室 / 自民党 web3 PT / 内閣官房)",
        "Wiki route",
        "概要",
        "主要公共政策ボディ",
        "経済産業省 Web3 政策推進室 (METI Web3 Policy Office)",
        "自民党 web3 プロジェクトチーム (web3 PT)",
        "内閣官房 / デジタル庁 (Digital Agency)",
        "金融庁 (FSA) — 規制サイド",
        "日本銀行 (BOJ)",
        "政策 4 極の役割分担と相互作用"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/japan-blockchain-association-jba",
        "exchanges/jcba-japan-crypto-business-association",
        "exchanges/jp-crypto-asset-taxation-detailed",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/japan-blockchain-association-jba",
        "https://finwiki.zksc.io/exchanges/jcba-japan-crypto-business-association",
        "https://finwiki.zksc.io/exchanges/jp-crypto-asset-taxation-detailed",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4626,
      "word_like_tokens": 757,
      "last_modified": "2026-05-24"
    },
    {
      "source_path": "exchanges/jvcea-self-regulatory-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jvcea-self-regulatory-overview.md",
      "title": "JVCEA — 日本暗号資産取引業協会 自主規制制度 overview",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "1. 会員資格審査 — 入会希望 VASP の体制・コンプライアンスを審査（FSA 登録前後） 2. トークン審査（WhiteList） — 新規上場銘柄の事前審査制度。会員が新銘柄取扱前に JVCEA 承認を取得（事前審査制／簡素化制の二段階、詳細は JVCEA whitelist token listing 参照） 3. 監査・モニタリング — 会員の業務・財務・分別管理の継続的チェック（スポット取引量統計分析 にも反映） 4. 紛争解決（ADR） — 利用者と会員間の苦情・紛争の指定 ADR 機関として対応 5. 啓発・教育 — 業界レポート、統計公表、リテラシー普及活動",
      "headings": [
        "JVCEA — 日本暗号資産取引業協会 自主規制制度 overview",
        "1. 概要",
        "2. 組織・ガバナンス",
        "3. 自主規制 5 つの中核機能",
        "4. 会員区分",
        "5. FSA との関係 — 二重監督構造",
        "Related"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-bittrade",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/jvcea-whitelist-token-listing",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bittrade",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2100,
      "word_like_tokens": 312,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/jvcea-spot-volume-statistics-analysis.md",
      "url": "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jvcea-spot-volume-statistics-analysis.md",
      "title": "JVCEA 国内 spot 取引高 統計分析 (2017-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA — 日本暗号資産取引業協会 自主規制制度 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "JVCEA 国内 spot 取引高 統計分析 (2017-2026)",
        "Wiki route",
        "概要",
        "主要統計指標 (公開項目)",
        "中期トレンド",
        "業界構造",
        "海外比較",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jp-cex-sales-vs-exchange-model-economics",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/korea-cex-five-pillars-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-cex-sales-vs-exchange-model-economics",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1776,
      "word_like_tokens": 292,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/jvcea-type2-associate-membership-system.md",
      "url": "https://finwiki.zksc.io/exchanges/jvcea-type2-associate-membership-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jvcea-type2-associate-membership-system.md",
      "title": "JVCEA Type 2 (第二種会員) 制度 — 賛助会員 4 社分析",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA — 日本暗号資産取引業協会 自主規制制度 for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "JVCEA Type 2 (第二種会員) 制度 — 賛助会員 4 社分析",
        "Wiki route",
        "1. 制度概要",
        "2. Type 2 加盟意義",
        "3. 主要 Type 2 会員 (2026-05 時点 4 社)",
        "4. 業界含意",
        "5. 比較 — Type 1 vs Type 2"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-custody-komainu",
        "exchanges/jp-exchange-gaudiy",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/jp-exchange-saxo-bank-japan",
        "exchanges/jp-exchange-trek-labs-japan",
        "exchanges/jp-vasp-parent-company-map",
        "exchanges/jvcea-self-regulatory-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-custody-komainu",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gaudiy",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-saxo-bank-japan",
        "https://finwiki.zksc.io/exchanges/jp-exchange-trek-labs-japan",
        "https://finwiki.zksc.io/exchanges/jp-vasp-parent-company-map",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1922,
      "word_like_tokens": 339,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jvcea-whitelist-listing-timeline.md",
      "url": "https://finwiki.zksc.io/exchanges/jvcea-whitelist-listing-timeline",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jvcea-whitelist-listing-timeline.md",
      "title": "JVCEA WhiteList 上場銘柄 timeline (2017-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA 取扱銘柄 WhiteList 制度 — トークン上場プロセス + Green/Yellow リスト for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "JVCEA WhiteList 上場銘柄 timeline (2017-2026)",
        "Wiki route",
        "概要",
        "Timeline 主要 Milestone",
        "国内独占・初上場銘柄",
        "海外 vs 国内 取扱差",
        "戦略含意",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/coincheck-nem-hack-detailed-analysis",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-backseat-exchange",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-foreign-exchange-mexc",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/jvcea-whitelist-token-listing"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/coincheck-nem-hack-detailed-analysis",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2466,
      "word_like_tokens": 420,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/jvcea-whitelist-token-listing.md",
      "url": "https://finwiki.zksc.io/exchanges/jvcea-whitelist-token-listing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/jvcea-whitelist-token-listing.md",
      "title": "JVCEA 取扱銘柄 WhiteList 制度 — トークン上場プロセス + Green/Yellow リスト",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against JVCEA WhiteList 上場銘柄 timeline (2017-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "JVCEA 取扱銘柄 WhiteList 制度 — トークン上場プロセス + Green/Yellow リスト",
        "Wiki route",
        "1. 制度概要",
        "2. Green List (簡易審査) vs Yellow List (個別審査)",
        "3. 審査基準 (8 大事項)",
        "4. 国内 vs 海外 取扱銘柄数ギャップ",
        "5. 主要案件 (2025-2026)",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-backseat-exchange",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-digital-asset-markets",
        "exchanges/jp-exchange-gmo-coin",
        "exchanges/jp-exchange-line-xenesis",
        "exchanges/jp-foreign-exchange-mexc",
        "exchanges/jp-ieo-system-and-cases",
        "exchanges/jvcea-self-regulatory-overview",
        "exchanges/jvcea-whitelist-listing-timeline"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-backseat-exchange",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-digital-asset-markets",
        "https://finwiki.zksc.io/exchanges/jp-exchange-gmo-coin",
        "https://finwiki.zksc.io/exchanges/jp-exchange-line-xenesis",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-mexc",
        "https://finwiki.zksc.io/exchanges/jp-ieo-system-and-cases",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-listing-timeline"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2219,
      "word_like_tokens": 356,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/korea-cex-five-pillars-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/korea-cex-five-pillars-comparison.md",
      "title": "韓国 5 大 CEX 制度比較 — Upbit / Bithumb / Coinone / Korbit / GOPAX",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "韓国は 特定金融情報法 (특정금융정보법, 2021-03-25 施行) で 仮想資産事業者 (VASP / VA-OP, 가상자산사업자) 登録制度を成立させた。登録 2 要件: (a) KISA (Korea Internet & Security Agency) の ISMS 認証 + (b) 国内銀行との実名口座契約 (실명확인 입출금 계정)。両要件を満たして 金融情報分析院 (FIU, 韓国版 FinCEN) に登録できた取引所のみが KRW 取引ペア (KRW spot market) を提供可能。2026 年時点で KRW 取引可能なのは下記 5 社のみ。コイン-only 取引",
      "headings": [
        "韓国 5 大 CEX 制度比較 — Upbit / Bithumb / Coinone / Korbit / GOPAX",
        "韓国制度概要",
        "5 強プロファイル",
        "実名口座銀行契約 (실명확인 입출금 계정)",
        "ISMS-CASP 認証",
        "国際比較",
        "Related"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2257,
      "word_like_tokens": 377,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/korea-kimchi-premium-economics.md",
      "url": "https://finwiki.zksc.io/exchanges/korea-kimchi-premium-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/korea-kimchi-premium-economics.md",
      "title": "韓国 Kimchi Premium 経済学 — Upbit/Bithumb 局所価格差の構造",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 韓国 5 大 CEX 制度比較 — Upbit / Bithumb / Coinone / Korbit / GOPAX for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "韓国 Kimchi Premium 経済学 — Upbit/Bithumb 局所価格差の構造",
        "Wiki route",
        "概要",
        "構造的要因",
        "数値変動",
        "arbitrage 戦略 + 制約",
        "海外 vs 国内市場 含意",
        "関連項目"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jvcea-spot-volume-statistics-analysis",
        "exchanges/korea-cex-five-pillars-comparison",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jvcea-spot-volume-statistics-analysis",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1981,
      "word_like_tokens": 330,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/liquid-staking-restaking-cex-exposure.md",
      "url": "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/liquid-staking-restaking-cex-exposure.md",
      "title": "Liquid staking + Restaking エコシステム + CEX exposure",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Liquid staking + Restaking エコシステム + CEX exposure",
        "Wiki route",
        "概要",
        "Liquid Staking Top プレイヤー",
        "Restaking エコシステム",
        "CEX 取扱状況",
        "リスク + システム的含意",
        "関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/rwa-tokenization-cex-integration",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "exchanges/ve33-governance-mechanism",
        "exchanges/vetoken-host-protocol-flywheel",
        "fintech/blackrock-buidl-tokenized-mmf-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2857,
      "word_like_tokens": 472,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/mtgox-bankruptcy-processing-timeline.md",
      "url": "https://finwiki.zksc.io/exchanges/mtgox-bankruptcy-processing-timeline",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/mtgox-bankruptcy-processing-timeline.md",
      "title": "Mt.Gox 破綻処理 timeline (2014-2026)",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against 国内 VASP 暗号資産流出事件史 (2014-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Mt.Gox 破綻処理 timeline (2014-2026)",
        "Wiki route",
        "1. 概要",
        "2. timeline 主要日付",
        "3. 弁済構造",
        "4. 制度的意味",
        "5. グローバル比較"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/ftx-japan-100pct-return-case-study",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-cold-storage-segregation-rules",
        "exchanges/jp-vasp-incident-history",
        "exchanges/jp-vasp-regulatory-timeline"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/ftx-japan-100pct-return-case-study",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-cold-storage-segregation-rules",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2572,
      "word_like_tokens": 419,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/native-dex-flip-incumbent-pattern.md",
      "url": "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/native-dex-flip-incumbent-pattern.md",
      "title": "L2 原生 DEX による incumbent 逆転パターン",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "L2 原生 DEX による incumbent 逆転パターン",
        "Wiki route",
        "Sources",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/ve33-governance-mechanism",
        "exchanges/vetoken-host-protocol-flywheel",
        "fintech/japan-financial-regulation",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-revenue-split-economics",
        "systems/cross-chain-four-poles-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3704,
      "word_like_tokens": 623,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/rwa-tokenization-cex-integration.md",
      "url": "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/rwa-tokenization-cex-integration.md",
      "title": "RWA (Real World Asset) tokenization × CEX 取扱",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against グローバル CEX top 10 ランキング比較 (2025-2026) for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "RWA (Real World Asset) tokenization × CEX 取扱",
        "Wiki route",
        "概要",
        "主要プレイヤー",
        "CEX 取扱状況",
        "CEX × RWA 統合戦略",
        "国内 + アジア 展開",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/btc-spot-etf-japan-impact",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-prime-brokerage-layer",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/jp-cex-staking-lending-regulation",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/jp-stablecoin-progmat",
        "payment-firms/progmat",
        "payments/japan-payment-clearing-and-settlement-infrastructure",
        "securities/japan-best-execution-sor-pts"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/btc-spot-etf-japan-impact",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-prime-brokerage-layer",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure",
        "https://finwiki.zksc.io/securities/japan-best-execution-sor-pts"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2472,
      "word_like_tokens": 410,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/sg-mas-dpt-licensing-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/sg-mas-dpt-licensing-overview.md",
      "title": "シンガポール MAS DPT ライセンス制度 — PSA 下の暗号資産取引業",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "シンガポールは 2020-01 に PSA (Payment Services Act) を施行し、決済サービスを 7 種に整理した。その中の一つとして DPT (Digital Payment Token) サービスカテゴリが新設され、暗号資産の売買・交換・カストディ等が単一法体系下で規制されることになった。既存の銀行業免許 (Banking Act) や資金移動業免許 (旧 MAS Act ベース) と並列の構造であり、規制当局は MAS (Monetary Authority of Singapore, 金融管理局) が一元担当する。FATF Travel Rule 完全準拠 + AML",
      "headings": [
        "シンガポール MAS DPT ライセンス制度 — PSA 下の暗号資産取引業",
        "制度概要",
        "ライセンス区分 3 種",
        "主要保有事業者 (2024-2026 時点)",
        "リテール広告制限 (2022-)",
        "戦略的位置づけ"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/korea-cex-five-pillars-comparison",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/singapore-mas-payment-services-act-strategic-implications",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-strategic-implications",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2559,
      "word_like_tokens": 428,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/solana-ecosystem-dex-comparison.md",
      "url": "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/solana-ecosystem-dex-comparison.md",
      "title": "Solana エコシステム DEX 群比較",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "Solana エコシステム DEX 群比較",
        "Wiki route",
        "概要",
        "Top 6 protocol プロファイル",
        "比較表 (設計 / 用途 / TVL)",
        "memecoin 経済学 (Solana 独自)",
        "国際比較 — EVM 系との対比"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/global-perp-dex-five-comparison",
        "exchanges/jvcea-whitelist-listing-timeline",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/ve33-governance-mechanism",
        "systems/cross-chain-four-poles-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/global-perp-dex-five-comparison",
        "https://finwiki.zksc.io/exchanges/jvcea-whitelist-listing-timeline",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3257,
      "word_like_tokens": 569,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "exchanges/switzerland-finma-crypto-valley-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/switzerland-finma-crypto-valley-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/switzerland-finma-crypto-valley-overview.md",
      "title": "スイス FINMA 暗号資産ライセンス + Crypto Valley エコシステム",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "スイスは 2018 年に FINMA (Swiss Financial Market Supervisory Authority) が暗号資産トークン 3 分類ガイドラインを公表 (Payment / Utility / Asset)。既存銀行業法・証券業法・集団投資スキーム法を機能ベースで適用する独自アプローチを採用。新規立法ではなく既存金融法を解釈で対応した点が特徴。2021 年 8 月施行の DLT Act (分散型台帳技術法) により、SIX Digital Exchange (SDX) 等のトークン化証券取引所開設が可能化、世界初の包括的 DLT 立法として国際的注目を浴びた。",
      "headings": [
        "スイス FINMA 暗号資産ライセンス + Crypto Valley エコシステム",
        "制度概要",
        "4 ライセンス区分",
        "主要事業者",
        "Crypto Valley (Zug カントン)",
        "国際比較",
        "関連 wiki"
      ],
      "wikilinks": [
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-exchange-laser-digital-japan",
        "exchanges/rwa-tokenization-cex-integration",
        "exchanges/uk-fca-crypto-registration-overview",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-exchange-laser-digital-japan",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/exchanges/uk-fca-crypto-registration-overview",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2480,
      "word_like_tokens": 383,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/taiwan-fsc-vasp-licensing-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/taiwan-fsc-vasp-licensing-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/taiwan-fsc-vasp-licensing-overview.md",
      "title": "台湾 FSC VASP licensing 制度",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "台湾 FSC (金融監督管理委員會) は 2021-07 AML 法改正で VASP (虛擬資産服務業者) 制度を確立。既存 6 業種 (証券/銀行/保険/期貨/信託/投信) と並行する独自 framework として位置づけ、2024-2025 にかけて専門法 (虛擬資產服務法草案) の立法準備を進めている。アジアで最も柔軟な枠組だが、近い将来構造化が予想される過渡期。",
      "headings": [
        "台湾 FSC VASP licensing 制度",
        "制度概要",
        "現行制度 (AML 中心)",
        "主要事業者 (2024-2026)",
        "2024 立法動向",
        "国際比較",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/korea-cex-five-pillars-comparison",
        "exchanges/sg-mas-dpt-licensing-overview",
        "exchanges/uae-vara-licensing-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1499,
      "word_like_tokens": 242,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/uae-vara-licensing-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/uae-vara-licensing-overview.md",
      "title": "UAE VARA ライセンス制度 — ドバイ拠点の世界初独立暗号資産規制機関",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "UAE VARA ライセンス制度 — ドバイ拠点の世界初独立暗号資産規制機関",
        "Wiki route",
        "制度概要",
        "ライセンス区分 7 種 (VASP 活動カテゴリ)",
        "主要保有事業者 (2024-2026)",
        "競争上の位置づけ",
        "日本との関連"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-foreign-exchange-warning-system",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/jp-exchange-okcoin-japan",
        "exchanges/jp-foreign-exchange-bybit",
        "exchanges/sg-mas-dpt-licensing-overview",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/japan-financial-regulation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-foreign-exchange-warning-system",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-exchange-okcoin-japan",
        "https://finwiki.zksc.io/exchanges/jp-foreign-exchange-bybit",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2586,
      "word_like_tokens": 397,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/uk-fca-crypto-registration-overview.md",
      "url": "https://finwiki.zksc.io/exchanges/uk-fca-crypto-registration-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/uk-fca-crypto-registration-overview.md",
      "title": "UK FCA crypto-asset registration regime",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Brexit 後 (2020-01) UK は EU MiCA から独立し、独自の暗号資産規制路線を選択。FCA (Financial Conduct Authority) による暗号資産事業者登録は MLR 2017 (Money Laundering Regulations 2017) ベースの AML/CFT 登録のみ で、証券性のあるトークンや規制資産は別 framework (FSMA) で扱う二層構造。2026-2027 に向けて暗号資産の phased regulation (段階的規制) が進行中で、現行の AML 中心の枠組みから trading/custody/stable",
      "headings": [
        "UK FCA crypto-asset registration regime",
        "1. 制度概要",
        "2. 制度の二段階構造",
        "3. 主要保有事業者 (2024-2026)",
        "4. 2024 Financial Promotion Regulation",
        "5. 戦略的位置づけ",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "exchanges/sg-mas-dpt-licensing-overview",
        "exchanges/uae-vara-licensing-overview",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/exchanges/uae-vara-licensing-overview",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2252,
      "word_like_tokens": 367,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/us-crypto-licensing-multi-layer-system.md",
      "url": "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/us-crypto-licensing-multi-layer-system.md",
      "title": "米国暗号資産取引業 ライセンス重層制度",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "米国は連邦 + 50 州の重層規制構造を持ち、世界で最も複雑な暗号資産ライセンス制度を運用する。VASP (Virtual Asset Service Provider) 事業者は以下を組み合わせて取得する必要がある:",
      "headings": [
        "米国暗号資産取引業 ライセンス重層制度",
        "1. 制度概要",
        "2. 4 ライセンス階層",
        "3. SEC vs CFTC 管轄競争",
        "4. 主要事業者ライセンス組合せ",
        "5. 国際比較",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/eu-mica-casp-regime-overview",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-cex-top10-comparison",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/korea-cex-five-pillars-comparison",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/eu-mica-casp-regime-overview",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-cex-top10-comparison",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/korea-cex-five-pillars-comparison",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2404,
      "word_like_tokens": 388,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/ve33-governance-mechanism.md",
      "url": "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/ve33-governance-mechanism.md",
      "title": "ve(3,3) ガバナンス機制 — Curve veCRV → Solidly → Velodrome/Aerodrome 進化",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it against global dex major five comparison for peer / contrast context and FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for the broader system / regulatory boundary.",
      "headings": [
        "ve(3,3) ガバナンス機制 — Curve veCRV → Solidly → Velodrome/Aerodrome 進化",
        "Wiki route",
        "概要",
        "基本構造",
        "主要 protocol 比較",
        "経済学的役割",
        "リスクと制約",
        "Cross-links"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/amm-design-evolution",
        "exchanges/cex-native-token-strategy-comparison",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/solana-ecosystem-dex-comparison",
        "exchanges/vetoken-host-protocol-flywheel",
        "fintech/portfolio-winner-structure-arm-analog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/amm-design-evolution",
        "https://finwiki.zksc.io/exchanges/cex-native-token-strategy-comparison",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2672,
      "word_like_tokens": 453,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "exchanges/vetoken-host-protocol-flywheel.md",
      "url": "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/exchanges/vetoken-host-protocol-flywheel.md",
      "title": "veToken × ホスト・プロトコル DEX 自己循環フライホイール",
      "domain": "exchanges",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under exchanges index. Read it with FSA 暗号資産交換業登録制度 — 番号体系・財務局管轄・登録要件 for adjacent context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system boundary.",
      "headings": [
        "veToken × ホスト・プロトコル DEX 自己循環フライホイール",
        "Wiki route",
        "Sources",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/global-dex-major-five-comparison",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/ve33-governance-mechanism",
        "fintech/japan-financial-regulation",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/ve33-governance-mechanism",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
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        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/real-options-valuation-japan-applications",
        "https://finwiki.zksc.io/real-estate-finance/cap-rate-noi-irr-real-estate-valuation-framework",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-foreign-investor-ownership",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
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        "https://finwiki.zksc.io/structured-finance/infrastructure-finance-spv-japan",
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        "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable"
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        "Wiki route",
        "中核命題",
        "標準パラメータ",
        "4ステップの逆算フロー",
        "数学検証式",
        "ギャップ分析",
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        "https://finwiki.zksc.io/finance/multi-jurisdiction-identity-tax-leverage",
        "https://finwiki.zksc.io/securities/INDEX"
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        "Wiki route",
        "Overview",
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        "Research Checklist",
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        "https://finwiki.zksc.io/financial-regulators/jsda",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-corporate-fx-and-rate-hedge-policy.md",
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      "source_path": "finance/japan-fair-disclosure-and-insider-trading-controls.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-fair-disclosure-and-insider-trading-controls.md",
      "title": "Japan fair disclosure and insider trading controls",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan fair disclosure and insider-trading records connect selective disclosure, timely disclosure, unpublished material facts, issuer information management, insider trading restrictions, and exchange disclosure systems. Public routes include FSA fair-disclosure materials, Financial Instruments and",
      "headings": [
        "Japan fair disclosure and insider trading controls",
        "Overview",
        "Control Map",
        "Fair Disclosure Rule Fields",
        "Insider Trading Publication Fields",
        "TDnet Public Surfaces",
        "Public Record Fields",
        "Linked Disclosure Routes",
        "Legal Publication and Practical Information Gap",
        "JapanFG Relevance"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-tender-offer-process",
        "financial-regulators/japan-exchange-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "payment-firms/wealthnavi",
        "securities-firms/daiwa-sg",
        "securities-firms/nomura-hd",
        "securities/INDEX",
        "securities/japan-ipo-listing-disclosure-route",
        "securities/japan-market-infrastructure-map",
        "securities/japan-underwriting-market-structure",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/payment-firms/wealthnavi",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-underwriting-market-structure",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7024,
      "word_like_tokens": 1020,
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    },
    {
      "source_path": "finance/japan-ib-league-table.md",
      "url": "https://finwiki.zksc.io/finance/japan-ib-league-table",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-ib-league-table.md",
      "title": "Japan IB league table",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under finance index. Read it against Cross-border M&A Japan for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "Japan IB league table",
        "Wiki route",
        "TL;DR",
        "What Gets Ranked",
        "Reading Rules",
        "JapanFG Relevance",
        "Decision Use",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/socgen-japan",
        "securities-firms/daiwa-sg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3970,
      "word_like_tokens": 613,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "finance/japan-large-shareholding-disclosure.md",
      "url": "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-large-shareholding-disclosure.md",
      "title": "Japan large shareholding disclosure",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's large-shareholding disclosure regime is the FIEA \"5% rule\" for revealing block ownership, influence, and market-supply information. Once a holder's ratio exceeds 5%, a Large Shareholding Report is generally required within five business days. Later material changes, including a 1% or greater",
      "headings": [
        "Japan large shareholding disclosure",
        "Overview",
        "Regime Snapshot",
        "What It Is Not",
        "Holder Analysis",
        "Activism / Control Reading",
        "EDINET Workflow",
        "Reading Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-activist-investor-playbook",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/japan-tender-offer-process",
        "financial-regulators/japan-exchange-group",
        "megabanks/sbi-hd",
        "payment-firms/wealthnavi",
        "regional-banks/sbi-shinsei-bank",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/wealthnavi",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6032,
      "word_like_tokens": 940,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "finance/japan-leveraged-buyout-economics.md",
      "url": "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-leveraged-buyout-economics.md",
      "title": "Japan leveraged buyout economics",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page sits under finance domain. Read it with Japan acquisition finance for the financing-stack overview, Japan MBO and squeeze-out process for the take-private spine, Japan tender offer process for the public-disclosure layer, and Japan private equity operating model for the GP-LP economic cont",
      "headings": [
        "Japan leveraged buyout economics",
        "Wiki route",
        "TL;DR",
        "Sources of leverage",
        "Leverage levels and pricing",
        "Covenant package",
        "Financial covenants",
        "Affirmative and negative covenants",
        "EBITDA definition and add-backs",
        "Baskets"
      ],
      "wikilinks": [
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        "banking/regional-bank-consolidation-pattern",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "finance/japan-fair-disclosure-and-insider-trading-controls",
        "finance/japan-ib-league-table",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/japan-private-equity-operating-model",
        "finance/japan-shareholder-proposal-and-agm-voting-route",
        "finance/japan-tender-offer-process",
        "financial-regulators/dbj",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities-firms/daiwa-sg",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/finance/japan-fair-disclosure-and-insider-trading-controls",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-private-equity-operating-model",
        "https://finwiki.zksc.io/finance/japan-shareholder-proposal-and-agm-voting-route",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "finance/japan-listed-financial-groups-investable-universe.md",
      "url": "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-listed-financial-groups-investable-universe.md",
      "title": "Japan listed financial groups investable universe",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page sits under finance index. It is a public-source reference universe for Japan-listed financial groups, read against finance/japan-ib-league-table for adviser-side peer mapping, finance/japan-activist-investor-playbook for engagement / control reading, finance/japan-large-shareholding-disclo",
      "headings": [
        "Japan listed financial groups investable universe",
        "Wiki route",
        "TL;DR",
        "Universe Scope",
        "Investable-Universe Matrix Fields",
        "Megabank FGs",
        "Trust FG",
        "Regional FGs (representative)",
        "Net banks / digital banks and bank-adjacent listed names",
        "Major insurers (listed)"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-ib-league-table",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-shareholder-proposal-and-agm-voting-route",
        "finance/japan-tender-offer-process",
        "life-insurers/dai-ichi-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "non-life-insurers/sompo",
        "securities-firms/nomura-hd",
        "securities/japan-market-infrastructure-map",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-shareholder-proposal-and-agm-voting-route",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [
        "https://disclosure.edinet-fsa.go.jp/",
        "https://www.jpx.co.jp/equities/listing/disclosure/tdnet/index.html",
        "https://www.jpx.co.jp/markets/indices/topix/"
      ],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 3680,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "finance/japan-m-a-deal-process-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/finance/japan-m-a-deal-process-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-m-a-deal-process-comparison-matrix.md",
      "title": "Japan M&A deal process comparison matrix",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan M&A is not one process; it is at least seven distinct deal-type processes that share statutory plumbing but diverge on the buyer type, control mechanism, regulatory screen stack, financing form, and timeline. This matrix lays out inbound (foreign buyer of Japanese target), outbound (Japanese b",
      "headings": [
        "Japan M&A deal process comparison matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Deal-type taxonomy",
        "Statutory control mechanisms (the \"how\")",
        "Regulatory screen stack",
        "Per-deal-type process",
        "Inbound (foreign strategic / sponsor of Japanese target)",
        "Outbound (Japanese buyer of foreign target)"
      ],
      "wikilinks": [
        "INDEX",
        "corporate-strategy/INDEX",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-convertible-bond-mechanics",
        "finance/japan-cross-shareholding-unwinding-economics",
        "finance/japan-fair-disclosure-and-insider-trading-controls",
        "finance/japan-ib-league-table",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-leveraged-buyout-economics",
        "finance/japan-listed-financial-groups-investable-universe",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/japan-private-equity-operating-model",
        "finance/japan-shareholder-proposal-and-agm-voting-route",
        "finance/japan-tender-offer-process",
        "finance/multi-jurisdiction-identity-tax-leverage",
        "financial-regulators/dbj",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "securities-firms/daiwa-sg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/mizuho-securities",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/corporate-strategy/japan-kaisha-bunkatsu-tax-regime",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-convertible-bond-mechanics",
        "https://finwiki.zksc.io/finance/japan-cross-shareholding-unwinding-economics",
        "https://finwiki.zksc.io/finance/japan-fair-disclosure-and-insider-trading-controls",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-private-equity-operating-model",
        "https://finwiki.zksc.io/finance/japan-shareholder-proposal-and-agm-voting-route",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/finance/multi-jurisdiction-identity-tax-leverage",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [
        "https://disclosure.edinet-fsa.go.jp/",
        "https://www.jpx.co.jp/equities/listing/disclosure/tdnet/index.html"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 31896,
      "word_like_tokens": 5066,
      "last_modified": "2026-06-15"
    },
    {
      "source_path": "finance/japan-mbo-and-squeeze-out-process.md",
      "url": "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-mbo-and-squeeze-out-process.md",
      "title": "Japan MBO and squeeze-out process",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A Japanese listed-company MBO or controlling-shareholder buyout is a public-company control transaction. The public process route includes board and special committee process, valuation / fairness work, TOB launch and disclosure, target opinion / TDnet disclosure, settlement, post-TOB squeeze-out, a",
      "headings": [
        "Japan MBO and squeeze-out process",
        "Overview",
        "Four-Layer Framework",
        "Process Map",
        "Squeeze-Out Routes",
        "Fairness / Minority-Shareholder Focus",
        "Financing Overlay",
        "Source Fields",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-tender-offer-process",
        "financial-regulators/japan-exchange-group",
        "megabanks/sony-fg",
        "payment-firms/wealthnavi",
        "regional-banks/sbi-shinsei-bank",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/payment-firms/wealthnavi",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
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      "title": "Japan private equity fund structure matrix",
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      "summary": "Japan's private capital universe is NOT one asset class; it is at least six distinct sub-strategies (buyout, growth, secondaries, continuation, infrastructure, private credit) and three distinct GP archetypes (global mega-PE Japan team, domestic independent GP, policy-aligned / state-affiliated GP)",
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        "Japan private equity fund structure matrix",
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        "Wiki route",
        "Why this matrix matters",
        "Fund-type taxonomy",
        "GP archetype taxonomy",
        "Per-fund-type structure",
        "Buyout",
        "Growth equity",
        "Secondaries"
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        "finance/japan-leveraged-buyout-economics",
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        "securities/japan-prime-brokerage-and-institutional-financing",
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        "https://finwiki.zksc.io/INDEX",
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        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
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        "https://finwiki.zksc.io/finance/japan-cross-shareholding-unwinding-economics",
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        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
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        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/finance/multi-jurisdiction-identity-tax-leverage",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
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        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix",
        "https://finwiki.zksc.io/securities/japan-prime-brokerage-and-institutional-financing",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-private-equity-operating-model.md",
      "title": "Japan private equity operating model",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page sits under finance domain. Read it with Japan acquisition finance, Japan MBO and squeeze-out process, Japan tender offer process, and Japan IB league table when a buyout fund route touches tender offer, acquisition debt, advisory mandate, or post-deal exit.",
      "headings": [
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        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
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        "https://finwiki.zksc.io/financial-regulators/dbj",
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        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
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        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route",
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      "source_path": "finance/japan-shareholder-proposal-and-agm-voting-route.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-shareholder-proposal-and-agm-voting-route.md",
      "title": "Japan shareholder proposal and AGM voting route",
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      "summary": "Japan shareholder proposal and AGM voting records connect Companies Act shareholder rights, convocation notice, reference documents, written voting, electronic voting, corporate-governance disclosure, proxy voting, stewardship disclosure, and post-meeting voting results. This page records public rec",
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        "Overview",
        "Route Map",
        "Companies Act Fields",
        "AGM Materials Route",
        "JPX Governance Report Fields",
        "Public Record Fields",
        "Activism Connection",
        "JapanFG Relevance",
        "Related"
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      "title": "Japan takeover defense and poison pill",
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      "entry_type": "wiki_entry",
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      "summary": "Japan takeover defense is a board-level response system that sits on top of the FIEA tender-offer process: when a hostile bidder appears, the target chooses between pre-bid structural defenses (advance-warning rights-plan, golden parachute, cross-shareholdings) and in-bid tactical responses (white-k",
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        "Recent cases (2020-2026)",
        "Pre-bid vs in-bid response decision",
        "What to extract from a defense filing",
        "Research checklist",
        "Related"
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        "https://finwiki.zksc.io/finance/japan-shareholder-proposal-and-agm-voting-route",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/japan-tender-offer-process.md",
      "title": "Japan tender offer process",
      "domain": "finance",
      "entry_type": "wiki_entry",
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      "summary": "Japan TOB analysis is a disclosure-control workflow: tender offer trigger, public notice, tender offer statement, target company opinion, amendments, EDINET statutory filing, TDnet timely disclosure, large-shareholding reports, settlement, and squeeze-out / delisting route. It belongs in finance bec",
      "headings": [
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        "Overview",
        "Process Map",
        "Large-Shareholding Overlay",
        "What To Extract",
        "JapanFG Relevance",
        "Research Checklist",
        "Related",
        "Sources"
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        "financial-licenses/securities-license-stack",
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        "megabanks/sony-fg",
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        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/jftc-merger-control-process.md",
      "title": "JFTC merger control process",
      "domain": "finance",
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      "summary": "JFTC (Japan Fair Trade Commission) merger control is the antitrust gate that sits in parallel with the FIEA tender offer route: any control transaction that crosses domestic-turnover thresholds must be pre-notified to JFTC under the Antimonopoly Act (AMA) and cleared before completion. It belongs in",
      "headings": [
        "JFTC merger control process",
        "Overview",
        "Notification thresholds (post-2010 amendment)",
        "Phase I / Phase II review",
        "Gun-jumping prohibitions",
        "Recent case map",
        "What to extract from a JFTC file",
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        "Related",
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        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
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    {
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/multi-jurisdiction-identity-tax-leverage.md",
      "title": "クロスボーダー身分組合せの税務レバレッジ",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under finance index. Read it with securities index for adjacent context and money-market index for the broader system boundary.",
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        "クロスボーダー身分組合せの税務レバレッジ",
        "Wiki route",
        "中核命題",
        "3層の収益軸",
        "1. 資本利得税(Capital Gains Tax)",
        "2. 相続税 / 遺産税(Inheritance / Estate Tax)",
        "3. 事業 / 個人所得税(Income Tax)",
        "オプション権利行使の3つのクリティカルなタイミング",
        "A. 積上げ期の終了(元本が閾値に到達)",
        "B. 退職年齢前(引き出し戦略の開始)"
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        "money-market/INDEX",
        "securities/INDEX"
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        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/securities/INDEX"
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      "source_path": "finance/real-options-valuation-japan-applications.md",
      "url": "https://finwiki.zksc.io/finance/real-options-valuation-japan-applications",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/finance/real-options-valuation-japan-applications.md",
      "title": "Real options valuation Japan applications",
      "domain": "finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Real options frame business decisions as options held on real (not financial) assets — the option to expand, contract, abandon, delay, switch, or stage an investment. Unlike static DCF NPV which treats the decision as a now-or-never go / no-go, real options recognise that management can wait, observ",
      "headings": [
        "Real options valuation Japan applications",
        "TL;DR",
        "Wiki route",
        "Why Real Options vs DCF NPV",
        "The Six Common Real-Option Types",
        "Option to Expand / Abandon / Delay",
        "Real-Options Framing vs DCF NPV",
        "TOB → Squeeze-Out Optionality",
        "Earn-Out / Contingent Consideration",
        "Pharma Pipeline Valuation"
      ],
      "wikilinks": [
        "INDEX",
        "finance/INDEX",
        "finance/cost-of-capital-japan-2026-reference",
        "finance/cross-border-m-a-japan",
        "finance/dcf-vs-multiples-vs-nav-cross-domain-valuation-framework",
        "finance/esg-sustainability-cross-domain-framework",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-convertible-bond-mechanics",
        "finance/japan-corporate-fx-and-rate-hedge-policy",
        "finance/japan-leveraged-buyout-economics",
        "finance/japan-m-a-deal-process-comparison-matrix",
        "finance/japan-mbo-and-squeeze-out-process",
        "finance/japan-private-equity-operating-model",
        "finance/japan-tender-offer-process",
        "financial-regulators/dbj",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "real-estate-finance/cap-rate-noi-irr-real-estate-valuation-framework",
        "real-estate-finance/real-estate-bridge-fund-japan",
        "structured-finance/infrastructure-finance-spv-japan",
        "structured-finance/project-finance-spv-japan-renewable"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cost-of-capital-japan-2026-reference",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/dcf-vs-multiples-vs-nav-cross-domain-valuation-framework",
        "https://finwiki.zksc.io/finance/esg-sustainability-cross-domain-framework",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-convertible-bond-mechanics",
        "https://finwiki.zksc.io/finance/japan-corporate-fx-and-rate-hedge-policy",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/finance/japan-m-a-deal-process-comparison-matrix",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/finance/japan-private-equity-operating-model",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/real-estate-finance/cap-rate-noi-irr-real-estate-valuation-framework",
        "https://finwiki.zksc.io/real-estate-finance/real-estate-bridge-fund-japan",
        "https://finwiki.zksc.io/structured-finance/infrastructure-finance-spv-japan",
        "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12434,
      "word_like_tokens": 1943,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-conglomerates/INDEX.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/INDEX.md",
      "title": "financial-conglomerates — 総合商社 親持株会社 (sogo-shosha parent holdings) index",
      "domain": "financial-conglomerates",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "financial-conglomerates/ holds the sōgō shōsha parent holding companies themselves — the listed general trading houses that are not financial-services firms per se, but are kept here as entity anchors for their financial-services subsidiaries and strategic shareholdings. Each parent is the cap-table",
      "headings": [
        "financial-conglomerates — 総合商社 親持株会社 (sogo-shosha parent holdings) index",
        "Scope",
        "Disambiguation",
        "Members",
        "Cross-domain bridges",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "cooperative-banks/ja-mitsui-leasing\\",
        "corporate-strategy/INDEX",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/itochu-corp\\",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/marubeni-corp\\",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsubishi-corp\\",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/mitsui-co\\",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sojitz-corp\\",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/sumitomo-corp\\",
        "financial-conglomerates/toyota-tsusho-corp",
        "financial-conglomerates/toyota-tsusho-corp\\",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mitsubishi-hc-capital\\",
        "leasing-firms/mizuho-lease",
        "leasing-firms/mizuho-lease\\",
        "leasing-firms/smfl",
        "leasing-firms/smfl\\",
        "leasing-firms/tokyo-century",
        "leasing-firms/tokyo-century\\",
        "leasing-firms/toyota-financial",
        "leasing-firms/toyota-financial\\",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance\\",
        "trading-company-finance/marubeni-financial-services\\",
        "trading-company-finance/mitsubishi-corp-finance\\",
        "trading-company-finance/mitsui-bussan-financial-services\\",
        "trading-company-finance/sojitz-finance\\",
        "trading-company-finance/sumitomo-corp-financial-management\\",
        "trading-company-finance/toyota-tsusho-finance\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/trading-company-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5692,
      "word_like_tokens": 876,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-conglomerates/itochu-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/itochu-corp.md",
      "title": "伊藤忠商事 (ITOCHU Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company (non-financial-services 商社 parent, but JapanFG-relevant via its financial-services 子会社 and strategic shareholdings). Read it against 三菱商事 (5 大首位 / 資源寄り対照) and 丸紅 (繊維・穀物商社としての対照) for peer / contrast context. F",
      "headings": [
        "伊藤忠商事 (ITOCHU Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "5 大商社内の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "payment-firms/famima-digital-one",
        "trading-company-finance/itochu-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5552,
      "word_like_tokens": 860,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-conglomerates/marubeni-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/marubeni-corp.md",
      "title": "丸紅 (Marubeni Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company. Read it against 伊藤忠商事 (戦前の同根 = 旧 丸紅伊藤忠商事、戦後 1949 分割) and 住友商事 (5 大商社中堅同士) for peer / contrast context. For the financial-services adjacency that gives this entry its JapanFG anchor — see 丸紅フィナンス (内向け CMS) an",
      "headings": [
        "丸紅 (Marubeni Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "5 大商社内の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "trading-company-finance/marubeni-financial-services"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5560,
      "word_like_tokens": 885,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-conglomerates/mitsubishi-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/mitsubishi-corp.md",
      "title": "三菱商事 (Mitsubishi Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company (not a financial group per se, but it is the cap-table parent of multiple JapanFG-tagged finance subsidiaries). Read it against 三井物産 and 伊藤忠商事 for the closest 5 大商社 peer / contrast context. For the financial-",
      "headings": [
        "三菱商事 (Mitsubishi Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "5 大商社ポジショニング",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "asset-managers/mitsubishi-corp-asset-management",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/mitsubishi-hc-capital",
        "megabanks/mufg",
        "trading-company-finance/mitsubishi-corp-finance",
        "trust-banks/mitsubishi-ufj-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/mitsubishi-corp-asset-management",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6215,
      "word_like_tokens": 1001,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-conglomerates/mitsui-co.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/mitsui-co.md",
      "title": "三井物産 (Mitsui & Co., Ltd.)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company. Read it against 三菱商事 (純利益首位を争う最大ライバル) and 伊藤忠商事 (非資源寄り 5 大商社の対照) for peer / contrast context. For the financial-services adjacency that anchors this entry on JapanFG — see 三井物産フィナンシャルサービス (内向け CMS) and SMFL",
      "headings": [
        "三井物産 (Mitsui & Co., Ltd.)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "5 大商社内の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "cooperative-banks/ja-mitsui-leasing",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/smfl",
        "leasing-firms/sumitomo-mitsui-auto-service",
        "megabanks/smfg",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/sumitomo-mitsui-auto-service",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5849,
      "word_like_tokens": 934,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-conglomerates/sojitz-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/sojitz-corp.md",
      "title": "双日 (Sojitz Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company — 5 大商社の次のレイヤーである 7 大商社の中堅商社 に位置付けられる。Read it against 丸紅 (5 大商社の中下位、双日との近接ポジション) and 豊田通商 (中堅・5 大下位の他のもう一極) for peer / contrast context. For the financial-services adjacency that gives this entry its JapanFG",
      "headings": [
        "双日 (Sojitz Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "7 大商社内の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "cooperative-banks/ja-mitsui-leasing",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "trading-company-finance/sojitz-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5415,
      "word_like_tokens": 841,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-conglomerates/sumitomo-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/sumitomo-corp.md",
      "title": "住友商事 (Sumitomo Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company. Read it against 三菱商事 (旧 財閥商社の両雄) and 三井物産 (財閥商社の三巨頭) for peer / contrast context. For the financial-services adjacency that gives this entry its JapanFG anchor — see 住友商事フィナンシャルマネジメント (内向け CMS) and especiall",
      "headings": [
        "住友商事 (Sumitomo Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "5 大商社内の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/toyota-tsusho-corp",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/sumitomo-mitsui-auto-service",
        "leasing-firms/tokyo-century",
        "megabanks/smfg",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/sumitomo-mitsui-auto-service",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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      "markdown_links": [],
      "entity_node": null,
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    },
    {
      "source_path": "financial-conglomerates/toyota-tsusho-corp.md",
      "url": "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-conglomerates/toyota-tsusho-corp.md",
      "title": "豊田通商 (Toyota Tsusho Corporation)",
      "domain": "financial-conglomerates",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-conglomerates INDEX as a sōgō shōsha parent holding-company with a distinctive トヨタグループ系商社 (Toyota group captive trading house) character — Toyota Motor が約 22% 級主要株主、5 大商社とは独立な 第 6 商社 / トヨタ系商社 の位置付け。Read it against 三菱商事 and 双日 (中堅商社) for peer / contrast context. For th",
      "headings": [
        "豊田通商 (Toyota Tsusho Corporation)",
        "Wiki route",
        "1. 会社概要",
        "主要子会社・関連会社 (JapanFG 文脈)",
        "沿革ハイライト ^[extracted]",
        "2. 事業セグメント・マップ",
        "3. Financial-services adjacency",
        "Toyota グループ系商社の identity",
        "競合",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sojitz-corp",
        "financial-conglomerates/sumitomo-corp",
        "leasing-firms/toyota-financial",
        "megabanks/mufg",
        "regional-banks/aichi-fg",
        "trading-company-finance/toyota-tsusho-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sojitz-corp",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 822,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-licenses/INDEX.md",
      "url": "https://finwiki.zksc.io/financial-licenses/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/INDEX.md",
      "title": "financial-licenses — Japan legal / financial-license stack index",
      "domain": "financial-licenses",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "financial-licenses/ is the standalone top-level domain for Japan's law, regulation, and financial-license stack. It routes the cross-cutting legal layer: bank licenses, securities / FIEA registration, insurance regulation, funds transfer / prepaid / electronic-payment-agency registration, crypto-ass",
      "headings": [
        "financial-licenses — Japan legal / financial-license stack index",
        "Scope",
        "Disambiguation",
        "Domain Members",
        "Route Map",
        "Core License Matrix",
        "License Stack Pattern",
        "Business Trigger Map",
        "JapanFG Entity Crosswalk",
        "Source-of-Truth Checklist"
      ],
      "wikilinks": [
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        "JapanFG/INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/rakuten-bank",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "exchanges/INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-exchange-sbi-vc-trade",
        "exchanges/jp-vasp-derivative-license-system",
        "exchanges/jvcea-self-regulatory-overview",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-licenses/insurance-license-and-solvency",
        "financial-licenses/japan-trust-business-license-stack",
        "financial-licenses/payment-license-stack",
        "financial-licenses/securities-license-stack",
        "financial-regulators/INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/dbj",
        "financial-regulators/japan-policy-finance-map",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/jsda",
        "financial-regulators/local-bond-market",
        "financial-regulators/okinawa-shinko",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
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        "fintech/japan-ecisb-license",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
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        "insurance/economic-value-based-solvency",
        "insurance/insurance-agency-and-brokerage-japan",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/smfl",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "loyalty/INDEX",
        "loyalty/japan-points-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "money-market/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine",
        "payment-firms/bitflyer",
        "payment-firms/bittrade",
        "payment-firms/bnpl-landscape",
        "payment-firms/mercari-hd",
        "payment-firms/paidy",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/account-to-account-payment-japan",
        "payments/cashless-jp-landscape",
        "payments/japan-bank-api-payment-agency-route",
        "payments/merchant-bank-pay-account-direct-acquiring",
        "policy-finance/INDEX",
        "regional-banks/seven-bank",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/monex-group",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/rakuten-securities",
        "securities-firms/smbc-nikko",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/exchanges/jp-vasp-derivative-license-system",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-licenses/japan-trust-business-license-stack",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/japan-policy-finance-map",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/okinawa-shinko",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/bittrade",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/payments/merchant-bank-pay-account-direct-acquiring"
      ],
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      "entity_node": null,
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    },
    {
      "source_path": "financial-licenses/bank-license-and-baas-boundary.md",
      "url": "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/bank-license-and-baas-boundary.md",
      "title": "Japan bank license and BaaS boundary",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan BaaS and embedded-banking records separate the licensed bank layer from the customer-interface layer. The controlling public category for deposit-taking is the Banking Act bank-license route, while partner-branded apps, account-information services, payment-instruction services, and bank-agenc",
      "headings": [
        "Japan bank license and BaaS boundary",
        "Overview",
        "Regime Map",
        "Licensed Bank Layer",
        "Bank Agency Route",
        "Electronic Payment Agency Route",
        "Electronic Payment Handling Route",
        "BaaS Boundary Fields",
        "BaaS Operating Layers",
        "Public Verification Checklist"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/japan-baas-operating-models",
        "banking/japan-net-bank-competition-map",
        "banking/minna-bank-baas-model",
        "financial-licenses/INDEX",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/payment-license-stack",
        "fintech/japan-financial-regulation",
        "payment-firms/gmo-aozora-net",
        "payments/account-to-account-payment-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-bank-api-incident-and-fraud-control",
        "payments/japan-bank-api-payment-agency-route",
        "payments/merchant-bank-pay-account-direct-acquiring",
        "regional-banks/01-bank",
        "regional-banks/sony-bank",
        "regional-banks/ssnb",
        "regional-banks/ui-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bank-api-incident-and-fraud-control",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/payments/merchant-bank-pay-account-direct-acquiring",
        "https://finwiki.zksc.io/regional-banks/01-bank",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/regional-banks/ui-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 8962,
      "word_like_tokens": 1436,
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    },
    {
      "source_path": "financial-licenses/foreign-bank-agency-business-route.md",
      "url": "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/foreign-bank-agency-business-route.md",
      "title": "Japan foreign bank agency business route",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Foreign bank agency business is different from a foreign bank branch license. It is the route where a bank or Japan branch acts as agent or intermediary for a principal foreign bank. This matters for cross-border corporate banking, global cash management, offshore branch service, and foreign group c",
      "headings": [
        "Japan foreign bank agency business route",
        "Overview",
        "Route Comparison",
        "Use Cases",
        "Control Questions",
        "JapanFG Relevance",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-licenses/INDEX",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payments/japan-bank-api-payment-agency-route"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4923,
      "word_like_tokens": 760,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-licenses/foreign-bank-branch-license-route.md",
      "url": "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/foreign-bank-branch-license-route.md",
      "title": "Japan foreign-bank branch license route",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A foreign bank branch in Japan is a licensed branch of a foreign bank under Japan's banking supervision route, not a Japanese bank subsidiary and not a mere representative office. The FSA's monitoring framework emphasizes Japan-branch business model, governance, compliance, risk management, and coor",
      "headings": [
        "Japan foreign-bank branch license route",
        "Overview",
        "Route Map",
        "Supervision Focus",
        "Strategic Foreign-Bank P2 Exceptions",
        "Boundary Cases",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "banking/japan-trust-bank-custody-map",
        "financial-licenses/INDEX",
        "financial-licenses/securities-license-stack",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/icbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "regional-banks/tokyo-star-bank",
        "securities-firms/anz-bank-japan",
        "securities-firms/goldman-sachs-japan",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 6811,
      "word_like_tokens": 1008,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-licenses/foreign-financial-group-adjacent-licenses.md",
      "url": "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/foreign-financial-group-adjacent-licenses.md",
      "title": "Foreign financial group adjacent licenses in Japan",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Foreign financial groups in Japan often operate through a stack, not one license: foreign bank branch, securities company / Type I FIBO, investment management, trust / custody, foreign bank agency, payments, or representative office. The right question is \"which Japan entity does which regulated act",
      "headings": [
        "Foreign financial group adjacent licenses in Japan",
        "Overview",
        "License Stack",
        "Group Reading Examples",
        "Control Questions",
        "Promotion Rule",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/foreign-bank-japan-retreat",
        "banking/japan-trust-bank-custody-map",
        "financial-licenses/INDEX",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/securities-license-stack",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/ubs-japan",
        "payments/INDEX",
        "securities-firms/anz-bank-japan",
        "securities-firms/goldman-sachs-japan",
        "securities/financial-instruments-business-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index"
      ],
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      "word_like_tokens": 861,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-licenses/insurance-license-and-solvency.md",
      "url": "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/insurance-license-and-solvency.md",
      "title": "Japan insurance license and solvency route",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan insurance regulation separates risk-bearing insurers from distribution intermediaries. Life insurers, non-life insurers, insurance holding companies, small-amount short-term insurers, insurance agents, and insurance brokers are separate public-regulatory categories. The underwriting entity car",
      "headings": [
        "Japan insurance license and solvency route",
        "Overview",
        "Regime Map",
        "Underwriting And Distribution",
        "Solvency Route",
        "Entity Crosswalk",
        "JapanFG Relevance",
        "Source Fields",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-baas-operating-models",
        "financial-licenses/INDEX",
        "financial-licenses/payment-license-stack",
        "insurance/INDEX",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/life-insurance-channel-mix",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-baas-operating-models",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
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      "nonspace_chars": 8656,
      "word_like_tokens": 1304,
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    },
    {
      "source_path": "financial-licenses/japan-trust-business-license-stack.md",
      "url": "https://finwiki.zksc.io/financial-licenses/japan-trust-business-license-stack",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-licenses/japan-trust-business-license-stack.md",
      "title": "Japan trust business license stack",
      "domain": "financial-licenses",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese trust activity is not controlled by one generic \"trust license.\" The practical stack is assembled from three statutes and several registration routes: the Trust Act (信託法) sets the private-law relationship; the Trust Business Act (信託業法, Act No. 154 of 2004) governs who may act as a trustee a",
      "headings": [
        "Japan trust business license stack",
        "Overview",
        "The three-statute foundation",
        "Regime Map",
        "The operating-type vs management-type split",
        "Source-of-Truth Stack",
        "Practical Decision Tree",
        "JapanFG Relevance",
        "Boundary Cases",
        "Research Checklist"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-licenses/insurance-license-and-solvency",
        "financial-licenses/payment-license-stack",
        "financial-licenses/securities-license-stack",
        "financial-regulators/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities/INDEX",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
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      "title": "Japan payment license stack",
      "domain": "financial-licenses",
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      "canonical_anchor": "",
      "summary": "Japan payment products can combine several public-regulatory categories: funds transfer, prepaid payment instruments, electronic payment agency, electronic payment instruments, electronic payment handling, credit / installment sales, card acquiring, and bank-account direct payment. A wallet, checkou",
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        "Japan payment license stack",
        "Overview",
        "License Stack Matrix",
        "Funds Transfer Route",
        "Prepaid Payment Instrument Route",
        "Electronic Payment Instrument Route",
        "Product-Layer Examples",
        "Public Record Fields",
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        "Related"
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        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
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        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
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        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
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        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
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      "title": "Japan securities license stack",
      "domain": "financial-licenses",
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      "summary": "Japan securities activity is not controlled by one generic \"broker license.\" The practical stack is built from the Financial Instruments and Exchange Act (FIEA), FSA / Local Finance Bureau registration lists, JSDA self-regulation, exchange / PTS participation rules, clearing and settlement access, a",
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      "title": "financial-regulators — Japan financial regulators, SROs and policy-finance index",
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      "title": "BDO 三優監査法人 (BDO Sanyu)",
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        "規模（公開ソース確認可能事項のみ）",
        "2. 沿革",
        "IPO 準備支援 ^[extracted]",
        "VASP / 暗号資産 ^[extracted]",
        "中堅金融 / FinTech",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督"
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      "source_path": "financial-regulators/boj-financial-markets-dept.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj-financial-markets-dept",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj-financial-markets-dept.md",
      "title": "金融市場局 (BoJ Financial Markets Department)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 決済機構局 for peer-bureau context inside the Bank of Japan, and against BoJ monetary policy for the policy-to-operations boundary. For market-mechanics anchoring, route through Japan money market and BoJ open market operations.",
      "headings": [
        "金融市場局 (BoJ Financial Markets Department)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
        "2. Counterparty / interaction",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-system-dept",
        "financial-regulators/boj-international-dept",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/boj-payment-settlement-dept",
        "financial-regulators/central-tanshi",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-international-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/boj-payment-settlement-dept",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5886,
      "word_like_tokens": 949,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/boj-financial-system-dept.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj-financial-system-dept.md",
      "title": "金融機構局 (BoJ Financial System and Bank Examination Department)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 金融市場局 for the BoJ market-operations counterpart and FSA 監督局 for the regulatory-perimeter contrast. For the broader prudential system, anchor through BoJ monetary policy and banking landscape.",
      "headings": [
        "金融機構局 (BoJ Financial System and Bank Examination Department)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
        "2. Counterparty / interaction",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/shinkin-bank-registry-japan",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-markets-dept",
        "financial-regulators/boj-international-dept",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/boj-payment-settlement-dept",
        "financial-regulators/fsa-supervision-bureau",
        "megabanks/smfg",
        "regional-banks/77-bank",
        "regional-banks/chiba-bank",
        "securities-firms/mufg-mums"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-markets-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-international-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/boj-payment-settlement-dept",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/securities-firms/mufg-mums"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5721,
      "word_like_tokens": 892,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/boj-international-dept.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj-international-dept",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj-international-dept.md",
      "title": "国際局 (BoJ International Department)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 金融市場局 for the domestic market-operations counterpart and FSA 総合政策局 for the FSA-side international-policy lane. For currency-and-FX context, anchor through BoJ monetary policy and Japan money market.",
      "headings": [
        "国際局 (BoJ International Department)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
        "2. Counterparty / interaction",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-markets-dept",
        "financial-regulators/boj-financial-system-dept",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/boj-payment-settlement-dept",
        "financial-regulators/fsa-strategy-bureau",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-markets-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/boj-payment-settlement-dept",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5856,
      "word_like_tokens": 951,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/boj-monetary-policy.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj-monetary-policy.md",
      "title": "BoJ monetary policy",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Bank of Japan's monetary policy is the legal and operating anchor for Japan's short-term money market. The statutory objective is price stability, and the practical transmission point is the guideline for money market operations decided at Monetary Policy Meetings (MPMs).",
      "headings": [
        "BoJ monetary policy",
        "TL;DR",
        "Legal mandate",
        "Price-stability target",
        "MPM operating decision",
        "March 2024 regime shift",
        "Current checkpoint",
        "Money Market Operations",
        "JapanFG Relevance",
        "Tanshi / Bank Liquidity Link"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-regulators/central-tanshi",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9484,
      "word_like_tokens": 1642,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-regulators/boj-payment-settlement-dept.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj-payment-settlement-dept",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj-payment-settlement-dept.md",
      "title": "決済機構局 (BoJ Payment and Settlement Systems Department)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 金融市場局 for the BoJ market-operations counterpart and 金融機構局 for the prudential-side bureau. For the broader settlement system, anchor through banking landscape and BoJ monetary policy.",
      "headings": [
        "決済機構局 (BoJ Payment and Settlement Systems Department)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
        "2. Counterparty / interaction",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/quick-deposit-four-methods",
        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-markets-dept",
        "financial-regulators/boj-financial-system-dept",
        "financial-regulators/boj-international-dept",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-markets-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-international-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5842,
      "word_like_tokens": 946,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/boj.md",
      "url": "https://finwiki.zksc.io/financial-regulators/boj",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/boj.md",
      "title": "日本銀行 (BoJ)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 金融庁 for the regulatory counterpart, 預金保険機構 for the safety-net peer, and BoJ 金融政策 / BoJ 金融市場局 for internal organs.",
      "headings": [
        "日本銀行 (BoJ)",
        "Wiki route",
        "TL;DR",
        "1. 法的根拠・設立",
        "出資構造",
        "重要年表",
        "1) 通貨発行",
        "2) 金融政策（→ 詳細）",
        "3) 銀行の銀行（→ 金融機構局）",
        "4) 政府の銀行"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-markets-dept",
        "financial-regulators/boj-financial-system-dept",
        "financial-regulators/boj-international-dept",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/boj-payment-settlement-dept",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/smbc",
        "regional-banks/japan-post-bank",
        "systems/bojnet",
        "systems/zengin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-markets-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-international-dept",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/boj-payment-settlement-dept",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "regulator",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4597,
      "word_like_tokens": 771,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/cci-group.md",
      "url": "https://finwiki.zksc.io/financial-regulators/cci-group",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/cci-group.md",
      "title": "CCIグループ (CCI Group)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "CCI Group is the current-name bank-holding-company page for the former Hokkoku Financial Holdings route. Read it with Hokkoku Bank, regional bank API / digital partnership, deposit-token / digital-money routes, and banking domain.",
      "headings": [
        "CCIグループ (CCI Group)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Group Structure Map",
        "Public Context",
        "Regulatory / Research Notes",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/nomura-asset-management",
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "finance/cross-border-m-a-japan",
        "financial-regulators/INDEX",
        "financial-regulators/zenginkyo",
        "fintech/jp-stablecoin-dcjpy",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokkoku-bank",
        "regional-banks/hokkoku-fhd",
        "regional-banks/kyushu-fg",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokkoku-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4964,
      "word_like_tokens": 788,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/central-tanshi.md",
      "url": "https://finwiki.zksc.io/financial-regulators/central-tanshi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/central-tanshi.md",
      "title": "セントラル短資株式会社 (Central Tanshi)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 上田八木短資株式会社 (Ueda Yagi Tanshi) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "セントラル短資株式会社 (Central Tanshi)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "前身 3 社",
        "主要子会社",
        "2. 事業セグメント・マップ",
        "短資会社の役割",
        "業界構造（3 大短資 oligopoly）",
        "マイナス金利時代の苦境"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "financial-regulators/INDEX",
        "financial-regulators/ueda-yagi-tanshi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3666,
      "word_like_tokens": 533,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/cpaaob.md",
      "url": "https://finwiki.zksc.io/financial-regulators/cpaaob",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/cpaaob.md",
      "title": "公認会計士・監査審査会 (CPAAOB)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside FSA 監督局 and FSA 検査局 (historical) for the supervisory boundary, and against FSA 総合政策局 / FSA 企画市場局 for the rule-making and policy interfaces. For the audit-firm side, anchor through EY 新日本 · トーマツ · KPMG あずさ · PwC あらた (Big 4) and 太陽グラン",
      "headings": [
        "公認会計士・監査審査会 (CPAAOB)",
        "Wiki route",
        "1. 法的位置づけ",
        "2.1 公認会計士試験 (CPA Examination)",
        "2.2 監査法人・公認会計士検査 (Audit Firm Inspection)",
        "2.3 監査品質管理レビュー (Quality Control Review)",
        "2.4 国際連携",
        "3. 検査結果の処分との連動",
        "4. JICPA との役割分担",
        "5. ガバナンス上の位置"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/bdo-sanyu",
        "financial-regulators/deloitte-touche-tohmatsu",
        "financial-regulators/ey-shinnihon",
        "financial-regulators/fsa-inspection-bureau",
        "financial-regulators/fsa-planning-coordination-bureau",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/kpmg-azsa",
        "financial-regulators/pwc-aarata",
        "financial-regulators/taiyo-grant-thornton"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/bdo-sanyu",
        "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
        "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
        "https://finwiki.zksc.io/financial-regulators/fsa-inspection-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-planning-coordination-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
        "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
        "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "regulator",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4840,
      "word_like_tokens": 711,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/dai2-chigin-kyo.md",
      "url": "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/dai2-chigin-kyo.md",
      "title": "Second Association of Regional Banks (Dai-ni Chigin-kyō / 第二地方銀行協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Dai-ni Chigin-kyō (第二地銀協) is the industry body for Japan's second-tier regional banks — the lineage of former mutual savings banks (相互銀行 / sogō ginkō) that converted to ordinary commercial banks under the 1989-1992 reorganization. Membership is now around the high-30s after decades of consolidation.",
      "headings": [
        "Second Association of Regional Banks (Dai-ni Chigin-kyō / 第二地方銀行協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/chiba-kogyo-bank",
        "regional-banks/daito-bank",
        "regional-banks/howa-bank",
        "regional-banks/jimoto-hd",
        "regional-banks/miyazaki-taiyo-bank",
        "regional-banks/saga-kyoei-bank",
        "regional-banks/saikyo-bank",
        "regional-banks/sendai-bank",
        "regional-banks/shimane-bank",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/taiko-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
        "https://finwiki.zksc.io/regional-banks/daito-bank",
        "https://finwiki.zksc.io/regional-banks/howa-bank",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/miyazaki-taiyo-bank",
        "https://finwiki.zksc.io/regional-banks/saga-kyoei-bank",
        "https://finwiki.zksc.io/regional-banks/saikyo-bank",
        "https://finwiki.zksc.io/regional-banks/sendai-bank",
        "https://finwiki.zksc.io/regional-banks/shimane-bank",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/taiko-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7897,
      "word_like_tokens": 1209,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/dbj.md",
      "url": "https://finwiki.zksc.io/financial-regulators/dbj",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/dbj.md",
      "title": "日本政策投資銀行 (DBJ)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本政策金融公庫 (JFC) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "日本政策投資銀行 (DBJ)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社",
        "重要年表",
        "2. 事業セグメント・マップ",
        "ポジショニング",
        "戦略テーマ",
        "「民間補完原則」"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "public_infrastructure",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3451,
      "word_like_tokens": 503,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/deloitte-touche-tohmatsu.md",
      "url": "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/deloitte-touche-tohmatsu.md",
      "title": "有限責任監査法人トーマツ (Deloitte Touche Tohmatsu)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside EY 新日本 and PwC あらた for peer Big 4 audit context, and 金融ライセンス INDEX for 公認会計士法 / 監査品質管理の規制境界。CPAAOB 監督文脈は 金融庁 監督局 と 金融庁 総合政策局 の所管。",
      "headings": [
        "有限責任監査法人トーマツ (Deloitte Touche Tohmatsu)",
        "Wiki route",
        "1. 法人概要",
        "2. 沿革",
        "銀行 / 保険 / 証券 ^[extracted]",
        "暗号資産 / デジタルアセット ^[extracted]",
        "Travel Rule / AML コンサル ^[extracted]",
        "M&A / FAS（監査と分離）^[extracted]",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督"
      ],
      "wikilinks": [
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/jp-exchange-bitflyer",
        "exchanges/jp-vasp-aml-travel-rule-implementation",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/ey-shinnihon",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/kpmg-azsa",
        "financial-regulators/pwc-aarata",
        "financial-regulators/taiyo-grant-thornton",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/exchanges/jp-vasp-aml-travel-rule-implementation",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
        "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
        "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4487,
      "word_like_tokens": 665,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/dic.md",
      "url": "https://finwiki.zksc.io/financial-regulators/dic",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/dic.md",
      "title": "預金保険機構 (DIC)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 損害保険契約者保護機構 and 生命保険契約者保護機構 for parallel safety-net peers, and against 金融庁 / 日本銀行 for the broader system / regulatory boundary.",
      "headings": [
        "預金保険機構 (DIC)",
        "Wiki route",
        "TL;DR",
        "1. 法的根拠・設立",
        "出資構造",
        "重要年表",
        "2. 業務領域",
        "主要機関エコシステム",
        "2003 りそな救済（最大級の公的資金注入）",
        "2003 足利銀行 一時国有化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/boj",
        "financial-regulators/fsa",
        "financial-regulators/japan-shinko-bank",
        "financial-regulators/rcc",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/sonpo-hosho-kiko",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/resona-hd",
        "megabanks/smbc",
        "regional-banks/ashikaga-hd",
        "regional-banks/japan-post-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/rcc",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "public_infrastructure",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4188,
      "word_like_tokens": 610,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/ey-shinnihon.md",
      "url": "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/ey-shinnihon.md",
      "title": "EY 新日本有限責任監査法人 (EY ShinNihon)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside 有限責任監査法人トーマツ (Deloitte) and あずさ監査法人 (KPMG) for peer Big 4 audit context, and 金融ライセンス INDEX for the regulatory boundary around 公認会計士法 / 監査品質管理。CPAAOB 検査制度や上場開示の監査人開示は 金融庁 監督局 と 金融庁 総合政策局 の所管文脈を併読。",
      "headings": [
        "EY 新日本有限責任監査法人 (EY ShinNihon)",
        "Wiki route",
        "1. 法人概要",
        "2. 沿革・系譜",
        "3. 金融サービス本部（Financial Services Office, FSO）",
        "主要セクター ^[extracted]",
        "サービスライン",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督",
        "CPAAOB 検査・処分歴 ^[extracted]"
      ],
      "wikilinks": [
        "exchanges/japan-crypto-audit-firm-landscape",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/deloitte-touche-tohmatsu",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/kpmg-azsa",
        "financial-regulators/pwc-aarata",
        "financial-regulators/taiyo-grant-thornton",
        "megabanks/mizuho-fg",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
        "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
        "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4533,
      "word_like_tokens": 697,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/financial-reports-2020-index.md",
      "url": "https://finwiki.zksc.io/financial-regulators/financial-reports-2020-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/financial-reports-2020-index.md",
      "title": "JapanFG financial reports 2020+ index",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "本ページは financial-regulators INDEX 中の金融会社 / 金融機関の 2020 年以降の公式財務報告、統合報告書、ディスクロージャー誌、有価証券報告書、親会社年次報告書入口 を一つのインデックスにまとめている。",
      "headings": [
        "JapanFG financial reports 2020+ index",
        "TL;DR",
        "Scope",
        "Status legend",
        "Source matrix",
        "Priority gaps",
        "A. Needs predecessor chaining",
        "B. Needs direct PDF enumeration",
        "C. No public standalone annual-report archive found",
        "D. Foreign branch / parent-report boundary"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/zenshin-kumi",
        "finance/INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/dbj",
        "financial-regulators/japan-policy-finance-map",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/jsda",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "financial-regulators/okinawa-shinko",
        "financial-regulators/shoko-chukin",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/ubs-japan",
        "foreign-financial-institutions/wells-fargo-japan",
        "insurance/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/toyota-financial",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/metlife-japan",
        "life-insurers/nippon-life",
        "life-insurers/orix-life",
        "life-insurers/prudential-japan",
        "life-insurers/sumitomo-life",
        "life-insurers/td-hd",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/nippon-post",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/sbi-regional-bank-hd",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "non-life-insurers/aig-japan",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/msad",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/zurich-japan",
        "payment-firms/bitflyer",
        "payment-firms/bittrade",
        "payment-firms/bnpl-landscape",
        "payment-firms/famima-digital-one",
        "payment-firms/freee",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-coin",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/mercari-hd",
        "payment-firms/money-forward",
        "payment-firms/paidy",
        "payment-firms/rakuten-fg",
        "payment-firms/wealthnavi",
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        "Wiki route",
        "TL;DR",
        "1. Function / scope (pre-2018)",
        "2. The 2018 reorganization",
        "3. Why this page matters",
        "Related",
        "Sources"
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        "financial-regulators/INDEX",
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        "https://finwiki.zksc.io/financial-regulators/boj-financial-system-dept",
        "https://finwiki.zksc.io/financial-regulators/cpaaob",
        "https://finwiki.zksc.io/financial-regulators/fsa-planning-coordination-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau"
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      "title": "企画市場局 (FSA Planning and Coordination Bureau)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against FSA 監督局 for the supervision-side counterpart and FSA 総合政策局 for the cross-bureau strategy lane. For market-rule context, anchor through JSDA and the legal / financial licenses index; for the BoJ-side prudential bureau contrast, see BoJ",
      "headings": [
        "企画市場局 (FSA Planning and Coordination Bureau)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
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        "3. Why this page matters",
        "Related",
        "Sources"
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        "financial-licenses/INDEX",
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        "financial-regulators/INDEX",
        "financial-regulators/boj-financial-system-dept",
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        "financial-regulators/fsa-supervision-bureau",
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        "https://finwiki.zksc.io/financial-regulators/INDEX",
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        "https://finwiki.zksc.io/financial-regulators/fsa-inspection-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
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      "title": "総合政策局 (FSA Strategy Development and Management Bureau)",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against FSA 監督局 for the supervision-side counterpart and FSA 企画市場局 for the rule-making counterpart. For the BoJ-side international policy lane, anchor through BoJ 国際局, and for the broader regulatory perimeter through legal / financial license",
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        "Wiki route",
        "TL;DR",
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        "3. Why this page matters",
        "Related",
        "Sources"
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        "financial-regulators/cpaaob",
        "financial-regulators/fsa-inspection-bureau",
        "financial-regulators/fsa-planning-coordination-bureau",
        "financial-regulators/fsa-supervision-bureau"
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        "https://finwiki.zksc.io/financial-regulators/INDEX",
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      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against FSA 企画市場局 for the rule-making counterpart inside the FSA, FSA 総合政策局 for the strategy / cross-bureau layer, and BoJ 金融機構局 for the central-bank-side prudential anchor. For the licensing perimeter, anchor through legal / financial licens",
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        "監督局 (FSA Supervision Bureau)",
        "Wiki route",
        "TL;DR",
        "1. Function / scope",
        "2. Counterparty / interaction",
        "3. Why this page matters",
        "Related",
        "Sources"
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        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/securities-firms/mufg-mums"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6531,
      "word_like_tokens": 994,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/fsa.md",
      "url": "https://finwiki.zksc.io/financial-regulators/fsa",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/fsa.md",
      "title": "金融庁 (FSA)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本銀行 for the central-bank counterpart, and 預金保険機構 / 損保機構 / 生保機構 for the safety-net peers it supervises.",
      "headings": [
        "金融庁 (FSA)",
        "Wiki route",
        "TL;DR",
        "1. 法的根拠・設立",
        "沿革",
        "重要年表",
        "2. 組織体制（現行）",
        "主要審議会・会議体",
        "3. 監督対象",
        "コーポレートガバナンス・コード（2014〜）"
      ],
      "wikilinks": [
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "finance/issb",
        "finance/ssbj",
        "financial-regulators/INDEX",
        "financial-regulators/boj",
        "financial-regulators/dic",
        "financial-regulators/fsa-inspection-bureau",
        "financial-regulators/fsa-planning-coordination-bureau",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jcr",
        "financial-regulators/jsda",
        "financial-regulators/rating-and-investment",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/sonpo-hosho-kiko",
        "life-insurers/dai-ichi-life-hd",
        "life-insurers/kampo-life",
        "megabanks/line-pay",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/resona-hd",
        "megabanks/smbc",
        "non-life-insurers/tokio-marine-hd",
        "payment-firms/bitflyer",
        "payment-firms/gmo-coin",
        "payment-firms/paypay",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa-inspection-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-planning-coordination-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jcr",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "regulator",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4749,
      "word_like_tokens": 691,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/hokenryo-sanshutsu-kiko.md",
      "url": "https://finwiki.zksc.io/financial-regulators/hokenryo-sanshutsu-kiko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/hokenryo-sanshutsu-kiko.md",
      "title": "Non-Life Insurance Rating Organization of Japan (GIROJ / 損害保険料率算出機構)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "GIROJ (損害保険料率算出機構) is the statutory premium-rating body for Japan's non-life insurance industry. It is established and authorized under the Act on Non-Life Insurance Rating Organizations (損害保険料率算出団体に関する法律, 1948) and operates two functionally distinct regimes — reference loss-cost (参考純率) for auto and",
      "headings": [
        "Non-Life Insurance Rating Organization of Japan (GIROJ / 損害保険料率算出機構)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-hosho-kiko",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "insurance/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9480,
      "word_like_tokens": 1456,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/japan-exchange-group.md",
      "url": "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/japan-exchange-group.md",
      "title": "日本取引所グループ (JPX)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本証券金融 (JSF) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "日本取引所グループ (JPX)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "finance/japan-ib-league-table",
        "financial-regulators/INDEX",
        "financial-regulators/japan-securities-finance",
        "fintech/japan-listed-company-disclosure-monitoring",
        "securities/INDEX",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/osaka-digital-exchange",
        "securities/osaka-exchange",
        "securities/tokyo-commodity-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/fintech/japan-listed-company-disclosure-monitoring",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-commodity-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "exchange",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4281,
      "word_like_tokens": 615,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/japan-pi-club.md",
      "url": "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/japan-pi-club.md",
      "title": "日本船主責任相互保険組合",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against トーア再保険 for a reinsurance peer (both sit outside the FSA non-life direct primary register) and 日本海事協会 (ClassNK) for the closest marine-industry sibling. The broader system frame is insurance index and the global P&I context is the Inte",
      "headings": [
        "日本船主責任相互保険組合",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/nippon-kaiji-kyokai",
        "insurance/INDEX",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/nippon-kaiji-kyokai",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2614,
      "word_like_tokens": 425,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "financial-regulators/japan-policy-finance-map.md",
      "url": "https://finwiki.zksc.io/financial-regulators/japan-policy-finance-map",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/japan-policy-finance-map.md",
      "title": "Japan policy-finance map",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's policy-finance system is a stack of special-purpose public finance institutions, not one government bank. For JapanFG analysis, the useful routing is:",
      "headings": [
        "Japan policy-finance map",
        "TL;DR",
        "Institution Map",
        "Legal / Mandate Layer",
        "Use-Case Routing",
        "JapanFG Relevance",
        "Boundary Cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "financial-regulators/okinawa-shinko",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/okinawa-development-finance-corp",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-kaiho-bank",
        "regional-banks/ryukyu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/financial-regulators/okinawa-shinko",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank",
        "https://finwiki.zksc.io/regional-banks/ryukyu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10032,
      "word_like_tokens": 1486,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "financial-regulators/japan-securities-finance.md",
      "url": "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/japan-securities-finance.md",
      "title": "日本証券金融 (JSF)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本取引所グループ (JPX) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "日本証券金融 (JSF)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/japan-exchange-group",
        "securities-firms/matsui-sec",
        "securities-firms/rakuten-securities",
        "securities/INDEX",
        "securities/japan-securities-clearing-corp",
        "securities/japannext-securities",
        "securities/osaka-digital-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japannext-securities",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "public_infrastructure",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2856,
      "word_like_tokens": 423,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/jbic.md",
      "url": "https://finwiki.zksc.io/financial-regulators/jbic",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/jbic.md",
      "title": "国際協力銀行 (JBIC)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本政策金融公庫 (JFC) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "国際協力銀行 (JBIC)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "沿革・前身",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "業務スキーム",
        "3 戦略軸",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "public_infrastructure",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4278,
      "word_like_tokens": 664,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/jcr.md",
      "url": "https://finwiki.zksc.io/financial-regulators/jcr",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/jcr.md",
      "title": "日本格付研究所 (JCR)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 格付投資情報センター (R&I) for peer / contrast context and 金融庁 for the broader regulatory boundary (信用格付業者登録).",
      "headings": [
        "日本格付研究所 (JCR)",
        "Wiki route",
        "TL;DR",
        "1. 法人構造・沿革",
        "重要年表",
        "2. 格付業務 map",
        "格付スケール",
        "国内 4 大格付機関",
        "国内 vs 国際の格付ギャップ問題",
        "競争上の特徴"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/rating-and-investment",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4342,
      "word_like_tokens": 697,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/jfc.md",
      "url": "https://finwiki.zksc.io/financial-regulators/jfc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/jfc.md",
      "title": "日本政策金融公庫 (JFC)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 国際協力銀行 (JBIC) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "日本政策金融公庫 (JFC)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "4 機関統合の経緯 ^[extracted]",
        "ガバナンス・機関設計",
        "子会社・関連機関",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "教育貸付（国民生活事業の独自メニュー）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/jbic",
        "financial-regulators/shoko-chukin",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "policy-finance/japan-student-services-organization",
        "policy-finance/okinawa-development-finance-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "public_infrastructure",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5037,
      "word_like_tokens": 697,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/jsda.md",
      "url": "https://finwiki.zksc.io/financial-regulators/jsda",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/jsda.md",
      "title": "Japan Securities Dealers Association (JSDA)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JSDA / 日本証券業協会 is the core self-regulatory organization for Japan's securities-dealer layer. It is not a securities firm and not the statutory regulator itself. Its legal position is a Financial Instruments Firms Association authorized by the Prime Minister under the Financial Instruments and Exchan",
      "headings": [
        "Japan Securities Dealers Association (JSDA)",
        "TL;DR",
        "Institution Map",
        "Legal Position",
        "Self-Regulatory Functions",
        "JapanFG Relevance",
        "Boundary Cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/japan-exchange-group",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/nomura-hd",
        "securities-firms/rakuten-securities",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "sro",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 9638,
      "word_like_tokens": 1464,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/kpmg-azsa.md",
      "url": "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/kpmg-azsa.md",
      "title": "有限責任 あずさ監査法人 (KPMG AZSA)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside EY 新日本 and トーマツ for peer Big 4 audit context, and 金融ライセンス INDEX for 公認会計士法 / 監査品質管理の規制境界。CPAAOB 監督文脈は 金融庁 監督局 と 金融庁 総合政策局 の所管。",
      "headings": [
        "有限責任 あずさ監査法人 (KPMG AZSA)",
        "Wiki route",
        "1. 法人概要",
        "2. 沿革",
        "金融機関監査（最大強み）^[extracted]",
        "暗号資産・デジタルアセット ^[extracted]",
        "地方銀行 / 地方公共団体",
        "サステナビリティ保証",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督"
      ],
      "wikilinks": [
        "exchanges/japan-crypto-audit-firm-landscape",
        "exchanges/jp-crypto-bank-credit-facilities",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/deloitte-touche-tohmatsu",
        "financial-regulators/ey-shinnihon",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/pwc-aarata",
        "financial-regulators/taiyo-grant-thornton",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
        "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
        "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3801,
      "word_like_tokens": 551,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/local-bond-market.md",
      "url": "https://finwiki.zksc.io/financial-regulators/local-bond-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/local-bond-market.md",
      "title": "Japan local government bond market",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against Japan policy-finance map for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "Japan local government bond market",
        "Wiki route",
        "TL;DR",
        "Market Structure",
        "Issuer / Credit Logic",
        "Why It Matters For JapanFG",
        "Joint Local Government Bonds",
        "Risk Notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/dbj",
        "financial-regulators/japan-policy-finance-map",
        "financial-regulators/jfc",
        "financial-regulators/local-govt-finance",
        "financial-regulators/tokyo-tanshi",
        "money-market/INDEX",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/japan-policy-finance-map",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4417,
      "word_like_tokens": 664,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/local-govt-finance.md",
      "url": "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/local-govt-finance.md",
      "title": "地方公共団体金融機構 (JFM)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本政策金融公庫 (JFC) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "地方公共団体金融機構 (JFM)",
        "Wiki route",
        "TL;DR",
        "1. 法人構造",
        "機関設計 ^[extracted]",
        "業務範囲 ^[extracted]",
        "貸付金残高",
        "公営企業金融公庫時代 (1957-2008)",
        "地方公共団体金融機構時代 (2009-現在)",
        "3. 事業セグメント map"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/japan-policy-finance-map",
        "financial-regulators/jfc",
        "financial-regulators/local-bond-market",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-policy-finance-map",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5071,
      "word_like_tokens": 711,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "financial-regulators/missing-financial-institutions-backlog.md",
      "url": "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/missing-financial-institutions-backlog.md",
      "title": "Missing Japan financial institutions expansion backlog",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page is the execution checklist for expanding financial-regulators INDEX from a major-institution wiki into a registry-aware Japan financial institution map.",
      "headings": [
        "Missing Japan financial institutions expansion backlog",
        "Overview",
        "Official registry baseline",
        "Batch A: Market infrastructure first",
        "Batch B: Bank operating-company pages",
        "B1. Megabank / trust / internet-bank operating companies",
        "B2. Regional banks still missing or only group-covered",
        "Batch C: Securities, asset management, and FIEA operators",
        "Batch D: Insurance operating companies",
        "Batch E: Payments, cards, consumer credit, and remittance"
      ],
      "wikilinks": [
        "CHANGELOG",
        "INDEX",
        "banking/credit-cooperative-registry-japan",
        "banking/ja-bank-system-japan",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-trust-bank-custody-map",
        "banking/jf-marine-bank-system-japan",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/rokin-bank-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "card-issuers/aeon-financial-service",
        "card-issuers/aplus",
        "card-issuers/epos-card",
        "card-issuers/life-card",
        "card-issuers/mufg-nicos",
        "card-issuers/paypay-card",
        "card-issuers/pocket-card",
        "card-issuers/rakuten-card",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "card-issuers/toyota-finance",
        "card-issuers/ucs-card",
        "consumer-finance/shinsei-financial",
        "consumer-finance/smbc-consumer-finance",
        "cooperative-banks/rokin-renraku",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/zenshin-kumi",
        "exchanges/jp-exchange-sbi-vc-trade",
        "finance/japan-acquisition-finance",
        "finance/japan-activist-investor-playbook",
        "finance/japan-tender-offer-process",
        "financial-licenses/securities-license-stack",
        "financial-regulators/INDEX",
        "financial-regulators/cci-group",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/banco-do-brasil-japan",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/bank-negara-indonesia-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/commonwealth-bank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/icbc-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/metrobank-japan",
        "foreign-financial-institutions/national-australia-bank-japan",
        "foreign-financial-institutions/national-bank-of-pakistan-japan",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/philippine-national-bank-japan",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/taipei-fubon-bank-japan",
        "foreign-financial-institutions/taishin-bank-japan",
        "foreign-financial-institutions/taiwan-business-bank-japan",
        "foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "foreign-financial-institutions/ubaf-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "leasing-firms/toyota-financial",
        "life-insurers/asahi-life",
        "life-insurers/cardif-life",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/dai-ichi-neo-life",
        "life-insurers/daido-life",
        "life-insurers/fukoku-life",
        "life-insurers/fukokushinrai-life",
        "life-insurers/fwd-life-japan",
        "life-insurers/gibraltar-life",
        "life-insurers/hanasaku-life",
        "life-insurers/medicare-life",
        "life-insurers/meiji-yasuda-trust-life",
        "life-insurers/midori-life",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "life-insurers/ms-primary-life",
        "life-insurers/nanairo-life",
        "life-insurers/nissay-wealth-life",
        "life-insurers/nn-life-japan",
        "life-insurers/pgf-life",
        "life-insurers/rakuten-life",
        "life-insurers/sbi-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/sony-life",
        "life-insurers/taiju-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-financial-life",
        "life-insurers/tokio-marine-nichido-life",
        "life-insurers/zurich-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/american-home-insurance-japan",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/capital-insurance",
        "non-life-insurers/cardif-nonlife",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/hyundai-marine-fire-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/ji-accident-fire-insurance",
        "non-life-insurers/meiji-yasuda-general-insurance",
        "non-life-insurers/mitsui-direct",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/nisshin-fire",
        "non-life-insurers/ntt-docomo-sompo-hd",
        "non-life-insurers/ntt-docomo-sonpo",
        "non-life-insurers/pet-and-family-insurance",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/rakuten-insurance-hd",
        "non-life-insurers/rescue-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/secom-insurance",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire",
        "non-life-insurers/yamap-naturance-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance",
        "payment-firms/airwallex-japan",
        "payment-firms/au-payment",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-epsilon",
        "payment-firms/jal-payment-port",
        "payment-firms/jpyc",
        "payment-firms/kyash",
        "payment-firms/merpay",
        "payment-firms/netstars",
        "payment-firms/payoneer-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypay",
        "payment-firms/pring",
        "payment-firms/progmat",
        "payment-firms/rakuten-edy",
        "payment-firms/recruit-mufg-business",
        "payment-firms/revolut-technologies-japan",
        "payment-firms/sb-payment-service",
        "payment-firms/sbi-remit",
        "payment-firms/seven-payment-service",
        "payment-firms/smartbank",
        "payment-firms/travelex-japan",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
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        "payments/credit-purchase-card-operators-japan-index",
        "payments/funds-transfer-service-providers-japan-index",
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        "payments/japan-bank-api-payment-agency-route",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/merchant-bank-pay-account-direct-acquiring",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/nexi",
        "policy-finance/okinawa-development-finance-corp",
        "regional-banks/aichi-bank",
        "regional-banks/ashikaga-bank",
        "regional-banks/awa-bank",
        "regional-banks/chikuho-bank",
        "regional-banks/chugoku-bank",
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        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-chuo-bank",
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        "regional-banks/kita-nippon-bank",
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        "regional-banks/yamanashi-chuo-bank",
        "regional-banks/yokohama-bank",
        "securities-firms/anz-bank-japan",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-best-execution-sor-pts",
        "securities/japan-margin-trading-and-securities-finance",
        "securities/japan-market-infrastructure-map",
        "securities/japan-online-brokerage-competition",
        "securities/japan-prime-brokerage-and-institutional-financing",
        "securities/japan-pts-liquidity-data-guide",
        "securities/japan-short-selling-and-stock-loan-controls",
        "securities/japan-stock-lending-market-route",
        "securities/japan-underwriting-market-structure",
        "trust-banks/jsf-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/sbi-shinsei-trust-bank",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/trust-companies-japan-index"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/CHANGELOG",
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/rokin-bank-registry-japan",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-activist-investor-playbook",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/cci-group",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/banco-do-brasil-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-negara-indonesia-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commonwealth-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-australia-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-bank-of-pakistan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubaf-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 6078,
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    },
    {
      "source_path": "financial-regulators/nippon-kaiji-kyokai.md",
      "url": "https://finwiki.zksc.io/financial-regulators/nippon-kaiji-kyokai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/nippon-kaiji-kyokai.md",
      "title": "日本海事協会 (ClassNK)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本船主責任相互保険組合 as the direct marine-industry sibling (船級協会 + P&I クラブで一対の海事インフラ) and insurance index as the broader risk-transfer system frame. ClassNK is not an insurer but its surveys directly underpin hull & P&I underwriting, so it si",
      "headings": [
        "日本海事協会 (ClassNK)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/japan-pi-club",
        "insurance/INDEX",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2912,
      "word_like_tokens": 434,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "financial-regulators/okinawa-shinko.md",
      "url": "https://finwiki.zksc.io/financial-regulators/okinawa-shinko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/okinawa-shinko.md",
      "title": "沖縄振興開発金融公庫 (ODFC)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本政策金融公庫 (JFC) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "沖縄振興開発金融公庫 (ODFC)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "設立背景 ^[extracted]",
        "ガバナンス・機関設計",
        "事業部門（県内完結型・一機関統合）",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "県内完結型の特殊性"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "regional-banks/okinawa-fg",
        "regional-banks/ryukyu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/ryukyu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6078,
      "word_like_tokens": 801,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "financial-regulators/pwc-aarata.md",
      "url": "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/pwc-aarata.md",
      "title": "PwC Japan 有限責任監査法人 (旧 PwC あらた)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside トーマツ (Deloitte) and EY 新日本 for peer Big 4 audit context, and 金融ライセンス INDEX for 公認会計士法 / 監査品質管理の規制境界。CPAAOB 監督文脈は 金融庁 監督局 と 金融庁 総合政策局 の所管。",
      "headings": [
        "PwC Japan 有限責任監査法人 (旧 PwC あらた)",
        "TL;DR",
        "Wiki route",
        "1. 法人概要",
        "2. 沿革",
        "FinTech / 暗号資産 ^[extracted]",
        "銀行 / 保険 / 証券",
        "サステナビリティ保証",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督"
      ],
      "wikilinks": [
        "exchanges/japan-crypto-audit-firm-landscape",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/deloitte-touche-tohmatsu",
        "financial-regulators/ey-shinnihon",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/kpmg-azsa",
        "financial-regulators/taiyo-grant-thornton",
        "non-life-insurers/sompo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
        "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
        "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton",
        "https://finwiki.zksc.io/non-life-insurers/sompo"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4502,
      "word_like_tokens": 687,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/rating-and-investment.md",
      "url": "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/rating-and-investment.md",
      "title": "格付投資情報センター (R&I)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 日本格付研究所 (JCR) for peer / contrast context and 金融庁 for the broader regulatory boundary.",
      "headings": [
        "格付投資情報センター (R&I)",
        "Wiki route",
        "TL;DR",
        "1. 法人構造・沿革",
        "沿革・前身",
        "重要年表",
        "2. 業務 map",
        "格付スケール",
        "vs JCR",
        "vs グローバル 3 大（S&P / Moody's / Fitch）"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jcr",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jcr",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3538,
      "word_like_tokens": 595,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/rcc.md",
      "url": "https://finwiki.zksc.io/financial-regulators/rcc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/rcc.md",
      "title": "整理回収機構 (RCC)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX (its domain route). It is not a regulator but a resolution / collection arm — read it against its 100% parent 預金保険機構 (Deposit Insurance Corporation) for the institutional parent boundary, against the policy-finance vehicles JBIC and DBJ for peer / con",
      "headings": [
        "整理回収機構 (RCC)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/INDEX",
        "financial-regulators/dbj",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "financial-regulators/jbic",
        "financial-regulators/jfc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2894,
      "word_like_tokens": 398,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "financial-regulators/seiho-kyokai.md",
      "url": "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/seiho-kyokai.md",
      "title": "Life Insurance Association of Japan (Seiho Kyōkai / 生命保険協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Seiho Kyōkai (Life Insurance Association of Japan, LIAJ) is the industry body for Japan's life-insurance underwriters licensed under the Insurance Business Act (保険業法). Its membership covers the major domestic life insurers, mutual insurers, and the Japanese subsidiaries of foreign-affiliated life in",
      "headings": [
        "Life Insurance Association of Japan (Seiho Kyōkai / 生命保険協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seimei-bunka-center",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-hosho-kiko",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "insurance/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/asahi-life",
        "life-insurers/cardif-life",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/dai-ichi-neo-life",
        "life-insurers/daido-life",
        "life-insurers/nissay-wealth-life",
        "life-insurers/sbi-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "life-insurers/zurich-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/cardif-life",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/nissay-wealth-life",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/life-insurers/zurich-life"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "sro",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 8539,
      "word_like_tokens": 1286,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/seimei-hokensha-hogo-kiko.md",
      "url": "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/seimei-hokensha-hogo-kiko.md",
      "title": "生命保険契約者保護機構",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 損害保険契約者保護機構 for parallel safety-net peer and 預金保険機構 / 金融庁 for the broader system / regulatory boundary.",
      "headings": [
        "生命保険契約者保護機構",
        "Wiki route",
        "TL;DR",
        "1. 法的根拠・設立",
        "加入義務",
        "重要年表",
        "補償水準（基本ルール）",
        "「90% 補償」の意味",
        "1997-2001 ラッシュ期",
        "4. 資金構造"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/chiyoda-life",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "financial-regulators/nissan-life",
        "financial-regulators/sonpo-hosho-kiko",
        "financial-regulators/taisho-life",
        "financial-regulators/tokyo-life",
        "financial-regulators/yamato-life",
        "insurance/INDEX",
        "life-insurers/asahi-life",
        "life-insurers/dai-hyaku-life",
        "life-insurers/dai-ichi-life-hd",
        "life-insurers/daido-life",
        "life-insurers/fukoku-life",
        "life-insurers/kampo-life",
        "life-insurers/kyoei-life",
        "life-insurers/taiyo-life",
        "life-insurers/toho-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5103,
      "word_like_tokens": 733,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/shintaku-kyokai.md",
      "url": "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/shintaku-kyokai.md",
      "title": "Trust Companies Association of Japan (Shintaku Kyōkai / 信託協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Shintaku Kyōkai (信託協会) is Japan's industry body for trust banks and trust companies operating under the Trust Business Act (信託業法). Its membership covers both the major trust banks (the trust-bank lineage from megabank groups plus standalone trust banks) and the independent trust-company universe. Li",
      "headings": [
        "Trust Companies Association of Japan (Shintaku Kyōkai / 信託協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "payment-firms/progmat",
        "trust-banks/alterna-trust",
        "trust-banks/asahi-trust",
        "trust-banks/custody-bank",
        "trust-banks/fintech-global-trust",
        "trust-banks/fpg-trust",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/nomura-trust-bank",
        "trust-banks/sbi-shinsei-trust-bank",
        "trust-banks/sekisui-house-trust",
        "trust-banks/smbc-trust-bank",
        "trust-banks/smtb",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/trust-banks/alterna-trust",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/fintech-global-trust",
        "https://finwiki.zksc.io/trust-banks/fpg-trust",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8726,
      "word_like_tokens": 1345,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/shoko-chukin.md",
      "url": "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/shoko-chukin.md",
      "title": "商工中金 (Shoko Chukin Bank)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "商工中金 (Shoko Chukin Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主 (民営化後)",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "民営化後の事業モデル転換",
        "ガバナンス改革 (2017-2018)",
        "政府との関係"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3530,
      "word_like_tokens": 517,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "financial-regulators/sonpo-hosho-kiko.md",
      "url": "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/sonpo-hosho-kiko.md",
      "title": "損害保険契約者保護機構",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against 生命保険契約者保護機構 for parallel safety-net peer and 預金保険機構 / 金融庁 for the broader system / regulatory boundary.",
      "headings": [
        "損害保険契約者保護機構",
        "Wiki route",
        "TL;DR",
        "1. 法的根拠・設立",
        "加入義務",
        "重要年表",
        "2. 業務スキーム",
        "補償水準（主要種目）",
        "3. 資金構造",
        "負担金算定"
      ],
      "wikilinks": [
        "financial-regulators/INDEX",
        "financial-regulators/dai-ichi-mutual",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "insurance/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/mitsui-sumitomo",
        "non-life-insurers/sompo-japan",
        "non-life-insurers/taisei-kasai",
        "non-life-insurers/taisho-kasai",
        "non-life-insurers/tokio-marine-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4491,
      "word_like_tokens": 624,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/sonpo-kyokai.md",
      "url": "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/sonpo-kyokai.md",
      "title": "General Insurance Association of Japan (Sonpo Kyōkai / 日本損害保険協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Sonpo Kyōkai (General Insurance Association of Japan, GIAJ) is the industry body for Japan's non-life insurers — property, casualty, motor, fire, marine, liability, and accident insurance underwriters licensed under the Insurance Business Act. Its membership covers domestic non-life insurers (led by",
      "headings": [
        "General Insurance Association of Japan (Sonpo Kyōkai / 日本損害保険協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/hokenryo-sanshutsu-kiko",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-hosho-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "insurance/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-nichido-fire",
        "non-life-insurers/zurich-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/hokenryo-sanshutsu-kiko",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/daido-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
        "https://finwiki.zksc.io/non-life-insurers/zurich-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9288,
      "word_like_tokens": 1393,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/taiyo-grant-thornton.md",
      "url": "https://finwiki.zksc.io/financial-regulators/taiyo-grant-thornton",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/taiyo-grant-thornton.md",
      "title": "太陽有限責任監査法人 (Grant Thornton Taiyo)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it alongside EY 新日本、トーマツ、あずさ、PwC あらた for Big 4 比較、and 金融ライセンス INDEX for 公認会計士法 / 監査品質管理の規制境界。CPAAOB 監督文脈は 金融庁 監督局 と 金融庁 総合政策局 の所管。",
      "headings": [
        "太陽有限責任監査法人 (Grant Thornton Taiyo)",
        "Wiki route",
        "1. 法人概要",
        "2. 沿革",
        "IPO 準備支援（最大強み）^[extracted]",
        "VASP / 暗号資産 ^[extracted]",
        "4. 主要 listed FG クライアント関係（公開ベース）",
        "5. 規制・監督",
        "処分歴",
        "6. 競合関係"
      ],
      "wikilinks": [
        "exchanges/japan-crypto-audit-firm-landscape",
        "financial-licenses/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/deloitte-touche-tohmatsu",
        "financial-regulators/ey-shinnihon",
        "financial-regulators/fsa-strategy-bureau",
        "financial-regulators/fsa-supervision-bureau",
        "financial-regulators/kpmg-azsa",
        "financial-regulators/pwc-aarata",
        "megabanks/sbi-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/japan-crypto-audit-firm-landscape",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/deloitte-touche-tohmatsu",
        "https://finwiki.zksc.io/financial-regulators/ey-shinnihon",
        "https://finwiki.zksc.io/financial-regulators/fsa-strategy-bureau",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/financial-regulators/kpmg-azsa",
        "https://finwiki.zksc.io/financial-regulators/pwc-aarata",
        "https://finwiki.zksc.io/megabanks/sbi-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4023,
      "word_like_tokens": 617,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/tokyo-tanshi.md",
      "url": "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/tokyo-tanshi.md",
      "title": "東京短資 (Tokyo Tanshi)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against セントラル短資株式会社 (Central Tanshi) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京短資 (Tokyo Tanshi)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "3 大短資の位置付け",
        "2. 事業セグメント・マップ",
        "マイナス金利期の苦境（2016-01〜2024-03）",
        "マイナス金利解除と復活期待（2024-03〜）",
        "競合構造",
        "4. 規制・政策"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/call-market-structure"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/call-market-structure"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3167,
      "word_like_tokens": 489,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/ueda-yagi-tanshi.md",
      "url": "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/ueda-yagi-tanshi.md",
      "title": "上田八木短資株式会社 (Ueda Yagi Tanshi)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under financial-regulators INDEX. Read it against セントラル短資株式会社 (Central Tanshi) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "上田八木短資株式会社 (Ueda Yagi Tanshi)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "前身・合併歴史",
        "2. 事業セグメント・マップ",
        "ビジネスモデル",
        "3 大短資会社",
        "業界縮小サイクル",
        "中期戦略（2024 中計）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/central-tanshi",
        "financial-regulators/tokyo-tanshi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/boj-open-market-operations",
        "money-market/japan-money-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/japan-money-market"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3224,
      "word_like_tokens": 445,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/yokin-hoken-kiko.md",
      "url": "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/yokin-hoken-kiko.md",
      "title": "Deposit Insurance Corporation of Japan (DICJ / 預金保険機構)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Deposit Insurance Corporation of Japan (DICJ, 預金保険機構) is the statutory deposit-insurance and failure-resolution authority for Japan's banking system. It is established under the Deposit Insurance Act (預金保険法) as a special juridical person jointly capitalized by the Japanese government, the Bank o",
      "headings": [
        "Deposit Insurance Corporation of Japan (DICJ / 預金保険機構)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/aeon-bank",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seimei-hokensha-hogo-kiko",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-hosho-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "regional-banks/aozora-bank",
        "regional-banks/daiwa-next-bank",
        "regional-banks/seven-bank",
        "regional-banks/sony-bank",
        "regional-banks/yucho"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seimei-hokensha-hogo-kiko",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-hosho-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/regional-banks/yucho"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9333,
      "word_like_tokens": 1430,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/zenchugin-kyo.md",
      "url": "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/zenchugin-kyo.md",
      "title": "Regional Banks Association of Japan (Zenchūgin-kyō / 全国地方銀行協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Zenchūgin-kyō (第一地銀協 in industry shorthand) is the industry body for Japan's \"first-tier\" regional banks — the chiho ginko lineage descended from former local zaibatsu / prefectural banks that joined the regional-bank track at post-war reorganization. Membership is around 60 banks covering most pref",
      "headings": [
        "Regional Banks Association of Japan (Zenchūgin-kyō / 全国地方銀行協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenginkyo",
        "financial-regulators/zenshin-kyo",
        "regional-banks/77-bank",
        "regional-banks/akita-bank",
        "regional-banks/awa-bank",
        "regional-banks/chiba-bank",
        "regional-banks/chugoku-bank",
        "regional-banks/fukui-bank",
        "regional-banks/saga-bank",
        "regional-banks/san-in-godo-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/shizuoka-bank",
        "regional-banks/yamagata-bank",
        "regional-banks/yamanashi-chuo-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/fukui-bank",
        "https://finwiki.zksc.io/regional-banks/saga-bank",
        "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
        "https://finwiki.zksc.io/regional-banks/yamagata-bank",
        "https://finwiki.zksc.io/regional-banks/yamanashi-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7763,
      "word_like_tokens": 1204,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "financial-regulators/zenginkyo.md",
      "url": "https://finwiki.zksc.io/financial-regulators/zenginkyo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/zenginkyo.md",
      "title": "Japanese Bankers Association (Zenginkyō / 全国銀行協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Zenginkyō (Japanese Bankers Association, JBA) is Japan's primary industry body for banks — a general incorporated association whose member banks span the megabanks, trust banks, regional banks, second-regional banks, and major foreign-bank branches operating in Japan. It is not the regulator and not",
      "headings": [
        "Japanese Bankers Association (Zenginkyō / 全国銀行協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-licenses/payment-license-stack",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/shoko-chukin",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenshin-kyo",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "regional-banks/yucho",
        "securities-firms/mizuho-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/regional-banks/yucho",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "sro",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 9018,
      "word_like_tokens": 1379,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "financial-regulators/zenshin-kyo.md",
      "url": "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/financial-regulators/zenshin-kyo.md",
      "title": "National Association of Shinkin Banks (Zenshin-kyō / 全国信用金庫協会)",
      "domain": "financial-regulators",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Zenshin-kyō (全信協) is the national industry body for Japan's shinkin banks (信用金庫) — member-owned co-operative financial institutions chartered under the Shinkin Bank Act, distinct from commercial banks under the Banking Act. It sits at the policy / coordination layer of the shinkin system, working al",
      "headings": [
        "National Association of Shinkin Banks (Zenshin-kyō / 全国信用金庫協会)",
        "TL;DR",
        "Wiki route",
        "Legal route / statutory position (法令の根拠)",
        "Function / scope",
        "Membership / governance",
        "Related industry adjacency",
        "Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/shinkin-central",
        "cooperative-banks/yokohama-shinkin",
        "cooperative-banks/zenshin-kumi",
        "financial-licenses/INDEX",
        "financial-licenses/bank-license-and-baas-boundary",
        "financial-regulators/INDEX",
        "financial-regulators/dai2-chigin-kyo",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "financial-regulators/seiho-kyokai",
        "financial-regulators/shintaku-kyokai",
        "financial-regulators/sonpo-kyokai",
        "financial-regulators/yokin-hoken-kiko",
        "financial-regulators/zenchugin-kyo",
        "financial-regulators/zenginkyo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/cooperative-banks/zenshin-kumi",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/bank-license-and-baas-boundary",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dai2-chigin-kyo",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/financial-regulators/shintaku-kyokai",
        "https://finwiki.zksc.io/financial-regulators/sonpo-kyokai",
        "https://finwiki.zksc.io/financial-regulators/yokin-hoken-kiko",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "sro",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 8209,
      "word_like_tokens": 1239,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "fintech/2022-three-variable-cascade-thesis.md",
      "url": "https://finwiki.zksc.io/fintech/2022-three-variable-cascade-thesis",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/2022-three-variable-cascade-thesis.md",
      "title": "2022 年 三変数カスケード",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 米 / 欧 / 日「三大円」Stablecoin グローバル・コンプライアンス・アーキテクチャ（MRA 相互承認） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "2022 年 三変数カスケード",
        "Wiki route",
        "三変数",
        "因果連鎖",
        "なぜ 2022 年か",
        "応用 / 転用",
        "関連"
      ],
      "wikilinks": [
        "agent-economy/ap2-overview",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/central-banking-function-unbundling",
        "fintech/japan-financial-regulation",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/agent-economy/ap2-overview",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2684,
      "word_like_tokens": 418,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/INDEX.md",
      "url": "https://finwiki.zksc.io/fintech/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/INDEX.md",
      "title": "fintech — Stablecoin / tokenized money / payments index",
      "domain": "fintech",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "fintech/ contains 143 entries (excluding INDEX, 144 total) centered on stablecoins, tokenized deposits, CBDC and wholesale settlement, Japan EPI structures, regulatory regimes, embedded wallets, payment protocol strategy, and monetary geopolitics. Use this page to route stablecoin and tokenized-mone",
      "headings": [
        "fintech — Stablecoin / tokenized money / payments index",
        "TL;DR",
        "Routing map",
        "Start here",
        "Regulation and compliance",
        "Japan EPI / stablecoin platforms",
        "Issuers, reserve assets, and products",
        "CBDC / wholesale settlement / cross-border rails",
        "Strategy theses and payment rails",
        "Embedded wallets / interchange / business economics"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/2022-three-variable-cascade-thesis",
        "fintech/ai-payment-two-tracks",
        "fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/argentina-usdt-formalization",
        "fintech/basel-iii-frtb-crypto-exposure-implications",
        "fintech/basel-iii-frtb-crypto-exposure-overview",
        "fintech/bis-agora-vs-mbridge-2026-update",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-vs-mbridge",
        "fintech/bis-project-ensemble-overview",
        "fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "fintech/bis-project-guardian-overview",
        "fintech/bis-project-guardian-vs-agora-asia-three-poles",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/brazil-drex-timeline-2026",
        "fintech/brazil-mexico-cbdc-stablecoin-push-2026",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/cbbtc-institutional-btc-wrapper",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/circular-reserve-asset-flywheel-risk-cases",
        "fintech/cosmos-ibc-for-financial-institutions",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/dora-eu-digital-operational-resilience-ctpp",
        "fintech/dora-eu-digital-operational-resilience-overview",
        "fintech/dual-currency-stablecoin-arbitrage-legal-hack",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
        "fintech/e-euro-retail-rollout",
        "fintech/ecny-supply-chain-expansion",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/enterprise-procurement-deadline-anchor",
        "fintech/erupee-india-pilot-status",
        "fintech/eu-mica-implementation-status-2026",
        "fintech/fatf-travel-rule-cross-border-stack",
        "fintech/fatf-travel-rule-overview",
        "fintech/first-digital-fdusd-hk-stablecoin",
        "fintech/four-motive-classes-asymmetric-competition",
        "fintech/franklin-templeton-stablecoin-migration",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/fx-onchain-as-stablecoin-final-boss",
        "fintech/genius-act-501-actual-implementation",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/gold-tokenization-scheme-comparison",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/indonesia-ovo-stablecoin-route",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/irs-1099-da",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-bittrade-listing-process",
        "fintech/japan-ecisb-license",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-listed-company-disclosure-monitoring",
        "fintech/japan-stablecoin-2026-event-tracker",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/japan-third-party-allotment-5-step-flow",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/latin-america-cbdc-stablecoin-dollarization",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/m0-network-infrastructure-update-2026",
        "fintech/maina-wallet-kyc-permissionless-ux-bridge",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-vs-agora",
        "fintech/mbridge-non-usd-settlement-ring-scale",
        "fintech/mbridge-six-central-banks-roster",
        "fintech/mica-cross-border-implications",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/mica-overview",
        "fintech/multi-megabank-consortium-governance",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/occ-bank-charter-crypto-2025",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/ondo-finance-rusdy-adoption",
        "fintech/paxos-paxg-post-binance-pivot",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/protocol-renewal-trigger-as-event-anchor",
        "fintech/regulatory-reset-2025-usa-crypto-policy",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/retail-stablecoin-dual-bind",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/singapore-mas-payment-services-act-strategic-implications",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/southeast-asia-stablecoin-regulatory-landscape",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/stablecoin-war-articles-2026-05",
        "fintech/state-charter-crypto-arbitrage-2025",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-mra-2030-economic-scale",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/tokenized-deposit-cumulative-volume-scale",
        "fintech/treasury-stablecoin-policy-2025",
        "fintech/usd-stablecoin-interchange",
        "fintech/wall-street-crypto-network-neutrality",
        "fintech/world-liberty-usd1-political-stablecoin",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/2022-three-variable-cascade-thesis",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/argentina-usdt-formalization",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-implications",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-overview",
        "https://finwiki.zksc.io/fintech/bis-agora-vs-mbridge-2026-update",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-vs-agora-asia-three-poles",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/brazil-drex-timeline-2026",
        "https://finwiki.zksc.io/fintech/brazil-mexico-cbdc-stablecoin-push-2026",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-risk-cases",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/dora-eu-digital-operational-resilience-ctpp",
        "https://finwiki.zksc.io/fintech/dora-eu-digital-operational-resilience-overview",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-legal-hack",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/ecny-supply-chain-expansion",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/enterprise-procurement-deadline-anchor",
        "https://finwiki.zksc.io/fintech/erupee-india-pilot-status",
        "https://finwiki.zksc.io/fintech/eu-mica-implementation-status-2026",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
        "https://finwiki.zksc.io/fintech/four-motive-classes-asymmetric-competition",
        "https://finwiki.zksc.io/fintech/franklin-templeton-stablecoin-migration",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/fx-onchain-as-stablecoin-final-boss",
        "https://finwiki.zksc.io/fintech/genius-act-501-actual-implementation",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/indonesia-ovo-stablecoin-route",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/irs-1099-da",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-listed-company-disclosure-monitoring",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-2026-event-tracker",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/japan-third-party-allotment-5-step-flow",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13826,
      "word_like_tokens": 1909,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "fintech/ai-payment-two-tracks.md",
      "url": "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/ai-payment-two-tracks.md",
      "title": "AI 産業の 2 つの決済軌道",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 日本金融規制 — トークン・暗号資産・決済に関する法体系 for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "AI 産業の 2 つの決済軌道",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/ai-agent-payment-protocols-overview",
        "agent-economy/nevermined-compute-payment-protocol",
        "agent-economy/skyfire-closed-loop-agent-issuer",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/usd-stablecoin-interchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/ai-agent-payment-protocols-overview",
        "https://finwiki.zksc.io/agent-economy/nevermined-compute-payment-protocol",
        "https://finwiki.zksc.io/agent-economy/skyfire-closed-loop-agent-issuer",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/aml-cft-fatf-grey-list-cross-border-implications.md",
      "url": "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/aml-cft-fatf-grey-list-cross-border-implications.md",
      "title": "FATF 評価のクロスボーダー・コンプライアンス含意 · §501(d) 入リスト資格の前置フィルター層",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "FATF 評価のクロスボーダー・コンプライアンス含意 · §501(d) 入リスト資格の前置フィルター層",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "source_path": "fintech/aml-cft-fatf-grey-list-overview.md",
      "url": "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/aml-cft-fatf-grey-list-overview.md",
      "title": "FATF グレーリスト / ブラックリスト · AML/CFT 国別評価メカニズム概要",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "FATF グレーリスト / ブラックリスト · AML/CFT 国別評価メカニズム概要",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "fintech/fatf-travel-rule-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism"
      ],
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    },
    {
      "source_path": "fintech/apollo-acred-private-credit-tokenization.md",
      "url": "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/apollo-acred-private-credit-tokenization.md",
      "title": "Apollo ACRED · プライベートクレジット・トークン化 · 第二梯団 MMF の独立的な戦略ポジション",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Apollo ACRED · プライベートクレジット・トークン化 · 第二梯団 MMF の独立的な戦略ポジション",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/rwa-tokenization-cex-integration",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/portfolio-winner-structure-arm-analog"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog"
      ],
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    },
    {
      "source_path": "fintech/argentina-usdt-formalization.md",
      "url": "https://finwiki.zksc.io/fintech/argentina-usdt-formalization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/argentina-usdt-formalization.md",
      "title": "Argentina USDT Formalization · Post-Milei Reforms 2024-2026",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Argentina's two-year arc under Milei (Dec 2023 inauguration → 2025) has converted what was the world's most acute case of shadow dollarization via USDT (40-50% of household liquid USD assets pre-2024, see EM 暗号ドル化パターン) into a formally regulated and tax-reformed crypto economy. The Comisión Nacional",
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        "Argentina USDT Formalization · Post-Milei Reforms 2024-2026",
        "TL;DR",
        "Wiki route",
        "The pre-Milei baseline (2023 and earlier)",
        "The Milei reform sequence (2024)",
        "1. CNV Resolution 994/2024 — PSAV registration framework",
        "2. BCRA capital control relaxation (2024-2026)",
        "3. Ley Bases / Ley 27.742 (mid-2024) — Tax reform + amnesty",
        "4. BCRA-CNV-UIF coordination — bank onramps re-opened",
        "The five exchanges — competitive landscape 2026"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/fatf-travel-rule-overview",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/tether-business-model-short-treasury-yield"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield"
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    {
      "source_path": "fintech/bahamas-sand-dollar-cbdc.md",
      "url": "https://finwiki.zksc.io/fintech/bahamas-sand-dollar-cbdc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/bahamas-sand-dollar-cbdc.md",
      "title": "Bahamas Sand Dollar — longest-running live retail CBDC, AFI distribution, small-economy lessons",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-jurisdiction case study on the Sand Dollar, the first nation-wide live retail CBDC issued by any central bank globally (Bahamas, 2020-10-20). Read it against Nigeria eNaira (live 2021-10, same Bitt-vendor technology lineage), Jamaica JAM-DEX (live 2022,",
      "headings": [
        "Bahamas Sand Dollar — longest-running live retail CBDC, AFI distribution, small-economy lessons",
        "Wiki route",
        "Programme architecture",
        "Matrix A · Statute, regulator, phase status",
        "Matrix B · Design choices — financial inclusion-first, low-friction onboarding",
        "Matrix C · Adoption metrics (most recent public)",
        "Matrix D · AFI distribution model — the canonical two-tier retail CBDC",
        "Matrix E · Tiered KYC — the inclusion-vs-AML balance",
        "Matrix F · Comparison to peer small-economy / emerging-market CBDCs",
        "Origin and evolution"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/e-euro-retail-rollout",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/jamaica-jam-dex-cbdc",
        "fintech/jamaica-jam-dex-cbdc\\",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/nigeria-enaira-retail-cbdc",
        "fintech/nigeria-enaira-retail-cbdc\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/jamaica-jam-dex-cbdc",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/nigeria-enaira-retail-cbdc"
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    {
      "source_path": "fintech/basel-iii-frtb-crypto-exposure-implications.md",
      "url": "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-implications",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/basel-iii-frtb-crypto-exposure-implications.md",
      "title": "Basel III FRTB 戦略的含意 · USDC の暗黙的な資本プレミアム + BUIDL の銀行チャネル",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Basel III FRTB 戦略的含意 · USDC の暗黙的な資本プレミアム + BUIDL の銀行チャネル",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/basel-iii-frtb-crypto-exposure-overview",
        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-overview",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
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    {
      "source_path": "fintech/basel-iii-frtb-crypto-exposure-overview.md",
      "url": "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/basel-iii-frtb-crypto-exposure-overview.md",
      "title": "Basel III FRTB 暗号エクスポージャー · BCBS SCO60 1,250% リスクウェイト概要",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Basel III FRTB 暗号エクスポージャー · BCBS SCO60 1,250% リスクウェイト概要",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/basel-iii-frtb-crypto-exposure-implications",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-emt-art-subcategories-deep-dive"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-implications",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive"
      ],
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    },
    {
      "source_path": "fintech/bis-agora-vs-mbridge-2026-update.md",
      "url": "https://finwiki.zksc.io/fintech/bis-agora-vs-mbridge-2026-update",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/bis-agora-vs-mbridge-2026-update.md",
      "title": "BIS Agora vs mBridge · 2026 Update — Three-Pole CBDC Map & Regulatory Friction",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The 2025-10 BIS exit from mBridge (covered in mBridge vs Agora · BIS 2025 同年切换) was not a project sunset — it was a handover to the participating central banks while BIS doubled down on Agora. By 2026-05, the post-handover picture is clearer: mBridge has continued under PBoC + HKMA + BoT + CBUAE + S",
      "headings": [
        "BIS Agora vs mBridge · 2026 Update — Three-Pole CBDC Map & Regulatory Friction",
        "TL;DR",
        "Wiki route",
        "What's new in 2026 vs the 2025 baseline",
        "mBridge post-BIS — operational continuity",
        "The \"eighth member\" question",
        "Agora private-sector expansion",
        "Why this expansion matters",
        "US Treasury sanctions friction",
        "CBDC vs tokenized-deposit architecture trade-off"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-vs-mbridge",
        "fintech/bis-project-ensemble-overview",
        "fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "fintech/bis-project-guardian-overview",
        "fintech/bis-project-guardian-vs-agora-asia-three-poles",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-vs-agora",
        "fintech/mbridge-non-usd-settlement-ring-scale",
        "fintech/mbridge-six-central-banks-roster",
        "fintech/onchain-finance-vs-crypto-bifurcation"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-vs-agora-asia-three-poles",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-vs-agora",
        "https://finwiki.zksc.io/fintech/mbridge-non-usd-settlement-ring-scale",
        "https://finwiki.zksc.io/fintech/mbridge-six-central-banks-roster",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation"
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      "url": "https://finwiki.zksc.io/fintech/boe-digital-pound-consultation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/boe-digital-pound-consultation.md",
      "title": "Bank of England digital pound consultation — 2023-2026 design phase, private-sector wallets, comparison with ECB",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-jurisdiction deep dive on the Bank of England (BoE) and HM Treasury (HMT) digital pound consultation and design phase — the UK retail-CBDC track. Read it against ECB digital euro retail rollout (the parallel EU programme with similar design choices), CB",
      "headings": [
        "Bank of England digital pound consultation — 2023-2026 design phase, private-sector wallets, comparison with ECB",
        "Wiki route",
        "Programme architecture",
        "Matrix A · Statute, regulator, phase status",
        "Matrix B · Design choices — explicitly mirror the EU digital euro architecture",
        "Matrix C · The 2024 consultation response — substantive findings",
        "Matrix D · Private-sector wallet model (PIP + ESIP)",
        "Matrix E · Holding limit debate — £10,000-£20,000 vs €3,000-€4,000",
        "Matrix F · Comparison to peer programmes",
        "Origin and evolution"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bahamas-sand-dollar-cbdc",
        "fintech/bis-project-agora-overview",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/e-euro-retail-rollout",
        "fintech/e-euro-retail-rollout\\",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/jamaica-jam-dex-cbdc",
        "fintech/jamaica-jam-dex-cbdc\\",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mica-overview",
        "fintech/nigeria-enaira-retail-cbdc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bahamas-sand-dollar-cbdc",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/jamaica-jam-dex-cbdc",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/nigeria-enaira-retail-cbdc"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 16892,
      "word_like_tokens": 2751,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/brazil-drex-timeline-2026.md",
      "url": "https://finwiki.zksc.io/fintech/brazil-drex-timeline-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/brazil-drex-timeline-2026.md",
      "title": "Brazil DREX Timeline 2024-2026",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index and is the Brazil-specific deep dive that the regional fintech/latin-america-cbdc-stablecoin-dollarization entry references for DREX mechanics and Pix interplay. Read it alongside the multi-tier CBDC architecture framework at fintech/cbdc-multi-tier-architecture-o",
      "headings": [
        "Brazil DREX Timeline 2024-2026",
        "Wiki route",
        "DREX in one paragraph",
        "Origin and naming",
        "Two-tier issuance model",
        "Technology stack",
        "Pilot 1 (2024)",
        "Pilot 2 (2025-2026)",
        "Pix integration · the structural anchor",
        "Programmable-money use cases targeted"
      ],
      "wikilinks": [
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-vs-mbridge",
        "fintech/bis-project-ensemble-overview",
        "fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/indonesia-ovo-stablecoin-route",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/latin-america-cbdc-stablecoin-dollarization",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/southeast-asia-stablecoin-regulatory-landscape",
        "fintech/stablecoin-crossborder-b2b-growth"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-vs-mbridge-dual-track",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/indonesia-ovo-stablecoin-route",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/latin-america-cbdc-stablecoin-dollarization",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/southeast-asia-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12716,
      "word_like_tokens": 1987,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/brazil-mexico-cbdc-stablecoin-push-2026.md",
      "url": "https://finwiki.zksc.io/fintech/brazil-mexico-cbdc-stablecoin-push-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/brazil-mexico-cbdc-stablecoin-push-2026.md",
      "title": "Brazil DREX × Mexico Banxico CoDi × ラテンアメリカ CBDC と stablecoin 並行アーキテクチャ 2026",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "ブラジルとメキシコは 2026 年に同時期に「CBDC + 民間 stablecoin + 米ドル SC グレー化」の三軌道並行段階に入る。ブラジル DREX は 2025-12 に第 2 ラウンド試験運用を 16 機関に拡大し、ホールセール + リテールの dual-layer をカバーする（CBDC 多層アーキテクチャ概要 と一致);Mercado Bitcoin は Polygon / Ethereum 上で BRL アンカー stablecoin を発行し DREX の市場版を補完、DREX とは「公私デュアル・トラック」を形成。メキシコ Banxico はリテール CBDC を発行し",
      "headings": [
        "Brazil DREX × Mexico Banxico CoDi × ラテンアメリカ CBDC と stablecoin 並行アーキテクチャ 2026",
        "TL;DR",
        "Wiki route",
        "Key facts (2026-05 スナップショット)",
        "DREX (ブラジル) 詳細",
        "Mercado Bitcoin BRL stablecoin",
        "Banxico CoDi × MXNB pilot (メキシコ)",
        "デュアル・トラック（CBDC + 本国通貨 SC） vs シングル・トラック（グレードル化）",
        "mBridge / Project Agora との距離",
        "M0 MXNB pilot との縦深な結合"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/fatf-travel-rule-overview",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/m0-network-infrastructure-update-2026",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-non-usd-settlement-ring-scale",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/stablecoin-chain-token-strategy-trilemma"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/m0-network-infrastructure-update-2026",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mbridge-non-usd-settlement-ring-scale",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9627,
      "word_like_tokens": 1653,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/carf-1099da-end-of-crypto-anonymity.md",
      "url": "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/carf-1099da-end-of-crypto-anonymity.md",
      "title": "CARF + 1099-DA = クロスボーダー暗号資産匿名性の完全終焉",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "CARF + 1099-DA = クロスボーダー暗号資産匿名性の完全終焉",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "finance/multi-jurisdiction-identity-tax-leverage",
        "fintech/INDEX",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/irs-1099-da",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/multi-jurisdiction-identity-tax-leverage",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/irs-1099-da",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2605,
      "word_like_tokens": 436,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/cbbtc-institutional-btc-wrapper.md",
      "url": "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cbbtc-institutional-btc-wrapper.md",
      "title": "cbBTC · Coinbase ラップ BTC · 機関信頼の WBTC 代替・ウィンドウ・プロダクト",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "cbBTC · Coinbase ラップ BTC · 機関信頼の WBTC 代替・ウィンドウ・プロダクト",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/coinbase-cdp-developer-platform",
        "exchanges/native-dex-flip-incumbent-pattern",
        "exchanges/vetoken-host-protocol-flywheel",
        "fintech/INDEX",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/coinbase-cdp-developer-platform",
        "https://finwiki.zksc.io/exchanges/native-dex-flip-incumbent-pattern",
        "https://finwiki.zksc.io/exchanges/vetoken-host-protocol-flywheel",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2827,
      "word_like_tokens": 477,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/cbdc-adoption-curve-china-japan-eu-india-2026.md",
      "url": "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cbdc-adoption-curve-china-japan-eu-india-2026.md",
      "title": "CBDC adoption curve 2026 — China e-CNY vs India eRupee vs EU digital euro vs Japan DCJPY",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the cross-jurisdictional adoption snapshot for retail / wholesale CBDC programmes in mid-2026. It complements the architecture-first lens of CBDC 多层架构概览 (which classifies designs by tiering) by sitting one layer above and asking which of the four major regimes",
      "headings": [
        "CBDC adoption curve 2026 — China e-CNY vs India eRupee vs EU digital euro vs Japan DCJPY",
        "Wiki route",
        "Why a four-country snapshot matters",
        "Matrix A · Programme name, regulator, legal status",
        "Matrix B · Adoption metrics (most recent public)",
        "Matrix C · Architecture choice",
        "Matrix D · Holding limits and disintermediation defence",
        "Matrix E · Infrastructure readiness and distribution channel",
        "Matrix F · Political intent and pace",
        "Adoption curve plot (2026-05)"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-vs-mbridge",
        "fintech/bis-project-ensemble-overview",
        "fintech/bis-project-guardian-overview",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/e-euro-retail-rollout",
        "fintech/ecny-supply-chain-expansion",
        "fintech/erupee-india-pilot-status",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/ecny-supply-chain-expansion",
        "https://finwiki.zksc.io/fintech/erupee-india-pilot-status",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18166,
      "word_like_tokens": 3031,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/cbdc-multi-tier-architecture-overview.md",
      "url": "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cbdc-multi-tier-architecture-overview.md",
      "title": "CBDC 多層アーキテクチャ概要",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "CBDC 多層アーキテクチャ概要",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cbdc-multi-tier-architecture-three-paradigms.md",
      "title": "CBDC 3 大現役パラダイム",
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      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-vs-mbridge",
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        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/japan-financial-regulation",
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cbdc-multi-tier-architecture-tradeoffs.md",
      "title": "CBDC アーキテクチャ選択 4 大トレードオフ",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/central-banking-function-unbundling",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
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        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/central-banking-function-unbundling.md",
      "title": "中央銀行機能のアンバンドリング 5 層",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 米 / 欧 / 日「三大円」stablecoin グローバル・コンプライアンス・アーキテクチャ（MRA 相互承認） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
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        "中央銀行機能のアンバンドリング 5 層",
        "Wiki route",
        "5 機能の定義",
        "アンバンドリングのトリガー",
        "レイヤー間ネットワーク効果",
        "主要プレイヤーのレイヤー別カバレッジ",
        "応用",
        "関連"
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        "fintech/INDEX",
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        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/three-circles-stablecoin-mra-framework",
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        "https://finwiki.zksc.io/fintech/2022-three-variable-cascade-thesis",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
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        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cftc-sec-crypto-jurisdiction.md",
      "title": "CFTC vs SEC 暗号管轄権争い · コモディティ証券二分法",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "CFTC vs SEC 暗号管轄権争い · コモディティ証券二分法",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
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        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/chain-level-ofac-freeze-precedent",
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        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
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        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/chain-level-ofac-freeze-precedent.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/em-market-crypto-dollarization-pattern",
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        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/tether-business-model-short-treasury-yield",
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        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/circle-usdc-stablecoin.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with PayPal PYUSD and Tether USDT エコノミクス for the white-circle / grey-circle contrast, and with GENIUS Act §501 for the regulatory frame in which USDC has become the de facto white-circle benchmark.",
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        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "fintech/genius-act-501-denylist-mandate",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/tether-business-model-short-treasury-yield",
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        "https://finwiki.zksc.io/fintech/INDEX",
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        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
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        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/circular-reserve-asset-flywheel-overview.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
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        "fintech/INDEX",
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        "fintech/genius-act-501-denylist-mandate",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-financial-regulation",
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        "https://finwiki.zksc.io/fintech/INDEX",
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        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-risk-cases",
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        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/circular-reserve-asset-flywheel-risk-cases.md",
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      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "fintech/INDEX",
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        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cosmos-ibc-for-financial-institutions.md",
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        "Cosmos IBC for Financial Institutions",
        "Wiki route",
        "4 つの代表 protocol 比較",
        "なぜ IBC + LCP が金融機関向けに優位なのか",
        "金融機関視点での弱点",
        "銀行 stack での実装例(Progmat / Project Pax)",
        "Hyperlane / CCIP / LayerZero との使い分け",
        "§501(d) 視点",
        "応用",
        "Related"
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        "INDEX",
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        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/multi-megabank-consortium-governance",
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        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/cross-border-sc-via-swift-api.md",
      "title": "跨境 SC via SWIFT API",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "基本パターン",
        "なぜ SWIFT API を前面に置くのか",
        "TD vs SC の跨境パス分岐",
        "Project Pax の技術構成",
        "BIS Project Agorá との比較",
        "限界 / リスク",
        "応用",
        "Related"
      ],
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        "fintech/INDEX",
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        "https://finwiki.zksc.io/INDEX",
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        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
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        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/dora-eu-digital-operational-resilience-ctpp.md",
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      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
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        "DORA CTPP 第三者リスク · AWS/Anchorage を金融規制下に間接的に取り込む",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "exchanges/eu-mica-casp-regime-overview",
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        "fintech/japan-stablecoin-regulatory-landscape",
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/dora-eu-digital-operational-resilience-overview",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/dora-eu-digital-operational-resilience-overview.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
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        "DORA · EU Digital Operational Resilience Act 概観",
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        "Key facts",
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        "Origin & evolution",
        "Related",
        "Sources"
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        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-cross-border-implications",
        "fintech/mica-emt-art-subcategories-deep-dive",
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        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/dual-currency-stablecoin-arbitrage-legal-hack.md",
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      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "二通貨アービトラージ · §501 リーガル hack と規制脆弱性",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
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        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/usd-stablecoin-interchange",
        "payment-firms/jpyc"
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        "https://finwiki.zksc.io/INDEX",
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        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/payment-firms/jpyc"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/dual-currency-stablecoin-arbitrage-overview.md",
      "title": "二通貨ステーブルコイン・アービトラージ · §501 時代における唯一の合法 FX オンチェーン化パス",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "二通貨ステーブルコイン・アービトラージ · §501 時代における唯一の合法 FX オンチェーン化パス",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/dual-currency-stablecoin-arbitrage-legal-hack",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/usd-stablecoin-interchange",
        "payment-firms/jpyc"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-legal-hack",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
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        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/payment-firms/jpyc"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/e-euro-retail-rollout.md",
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      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-jurisdiction deep dive on the ECB digital euro for the 2026 Preparation-Phase snapshot. It pairs with CBDC adoption curve 2026 for the four-country comparative view, with CBDC 多层架构概览 for architecture context, and with CBDC 三大现役范式 for the three-paradigm",
      "headings": [
        "Digital euro retail rollout — Preparation Phase 2023-2026, anti-disintermediation design, e-krona pause comparison",
        "Wiki route",
        "Programme architecture",
        "Matrix A · Statute, regulator, phase status",
        "Matrix B · Design choices — codified anti-disintermediation",
        "Matrix C · Preparation-Phase work-streams",
        "Matrix D · Adoption metrics (most recent public)",
        "Matrix E · Holding limit and disintermediation defence (deep dive)",
        "Matrix F · Distribution model",
        "Comparison to Sweden e-krona pause"
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        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
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        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/ecny-supply-chain-expansion",
        "fintech/erupee-india-pilot-status",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/mbridge-bis-multi-cbdc-overview",
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        "fintech/three-circles-stablecoin-mra-framework"
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        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/ecny-supply-chain-expansion.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-country deep dive on China's e-CNY for the 2025-2026 cross-border expansion phase. It is paired with CBDC adoption curve 2026 for the four-country comparative view, with mBridge BIS 多 CBDC 跨境结算桥 for the wholesale-bridge architecture, and with HKMA stabl",
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        "Layer 2 — mBridge wholesale ring",
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        "Architecture and design choices in the expansion phase",
        "HK stablecoin licensing as competitive context",
        "Origin and evolution"
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        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-vs-agora",
        "fintech/mbridge-non-usd-settlement-ring-scale",
        "fintech/mbridge-six-central-banks-roster",
        "fintech/sovereign-capital-pool-aramco-anchor"
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        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-vs-agora",
        "https://finwiki.zksc.io/fintech/mbridge-non-usd-settlement-ring-scale",
        "https://finwiki.zksc.io/fintech/mbridge-six-central-banks-roster",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15155,
      "word_like_tokens": 2576,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/em-market-crypto-dollarization-pattern.md",
      "url": "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/em-market-crypto-dollarization-pattern.md",
      "title": "新興市場における暗号資産ドル化パターン",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "新興市場における暗号資産ドル化パターン",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/tether-business-model-short-treasury-yield"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3227,
      "word_like_tokens": 495,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/embedded-wallet-fintech-disintermediation-overview.md",
      "url": "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/embedded-wallet-fintech-disintermediation-overview.md",
      "title": "組込み型ウォレットによる Fintech の脱仲介化 · 四強構図",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "組込み型ウォレットによる Fintech の脱仲介化 · 四強構図",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/embedded-wallet-network-effects-moat",
        "agent-economy/erc-7715-overview",
        "agent-economy/privy-aws-agentcore-default-wallet",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "systems/erc-4337-overview",
        "systems/erc-7702-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/embedded-wallet-network-effects-moat",
        "https://finwiki.zksc.io/agent-economy/erc-7715-overview",
        "https://finwiki.zksc.io/agent-economy/privy-aws-agentcore-default-wallet",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/systems/erc-4337-overview",
        "https://finwiki.zksc.io/systems/erc-7702-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3134,
      "word_like_tokens": 528,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse.md",
      "url": "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse.md",
      "title": "組込み型ウォレット · Fintech が Web3 を逆食いする Trojan Horse(Stripe 五層)",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "組込み型ウォレット · Fintech が Web3 を逆食いする Trojan Horse(Stripe 五層)",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/ap2-overview",
        "agent-economy/embedded-wallet-network-effects-moat",
        "agent-economy/privy-embedded-wallet-overview",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/protocol-hedge-strategy-stripe-pattern"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/ap2-overview",
        "https://finwiki.zksc.io/agent-economy/embedded-wallet-network-effects-moat",
        "https://finwiki.zksc.io/agent-economy/privy-embedded-wallet-overview",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2907,
      "word_like_tokens": 495,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/enterprise-procurement-deadline-anchor.md",
      "url": "https://finwiki.zksc.io/fintech/enterprise-procurement-deadline-anchor",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/enterprise-procurement-deadline-anchor.md",
      "title": "企業 IT 調達予算ロックイン",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "企業 IT 調達予算ロックイン",
        "Wiki route",
        "メカニズム",
        "ステーブルコイン 2026 ケース",
        "説明力",
        "応用 / 転用",
        "関連"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/central-banking-function-unbundling",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/protocol-renewal-trigger-as-event-anchor",
        "fintech/regulatory-window-strategic-acquisition"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/protocol-renewal-trigger-as-event-anchor",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2762,
      "word_like_tokens": 466,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/erupee-india-pilot-status.md",
      "url": "https://finwiki.zksc.io/fintech/erupee-india-pilot-status",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/erupee-india-pilot-status.md",
      "title": "eRupee India pilot status 2026 — retail + wholesale dual track, UPI interoperability, programmable-money use cases",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-country deep dive on India's eRupee (Digital Rupee, e₹) for the 2026 pilot expansion phase. It pairs with CBDC adoption curve 2026 for the four-country comparative view, with 印度反美元 DPI 联盟 for the broader Indian digital-payment-stack geopolitics, and wit",
      "headings": [
        "eRupee India pilot status 2026 — retail + wholesale dual track, UPI interoperability, programmable-money use cases",
        "Wiki route",
        "Programme architecture",
        "Matrix A · Track-by-track status (most recent public)",
        "Matrix B · Adoption metrics (most recent public)",
        "Matrix C · Architecture and design choices",
        "Matrix D · Use cases and pilot tranches",
        "Comparison to UPI dominance",
        "Cross-border and international engagement",
        "Origin and evolution"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-vs-mbridge",
        "fintech/bis-project-ensemble-overview",
        "fintech/bis-project-guardian-overview",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/central-banking-function-unbundling",
        "fintech/e-euro-retail-rollout",
        "fintech/ecny-supply-chain-expansion",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-vs-agora"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/bis-project-agora-vs-mbridge",
        "https://finwiki.zksc.io/fintech/bis-project-ensemble-overview",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/ecny-supply-chain-expansion",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-vs-agora"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14352,
      "word_like_tokens": 2445,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/eu-mica-implementation-status-2026.md",
      "url": "https://finwiki.zksc.io/fintech/eu-mica-implementation-status-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/eu-mica-implementation-status-2026.md",
      "title": "EU MiCA 実装状況 2026-05 · EMT/ART ライセンス図 × USDT 撤退 × USDC マーケットシェア再構築",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "EU MiCA (Markets in Crypto-Assets Regulation, Regulation (EU) 2023/1114) は 2024-06 SC (EMT/ART) 部分施行および 2024-12 全面施行を経て、18 ヶ月の実装定常状態に入った。2026-05 時点の状況:EMT 持牌方 約 22 社(13 加盟国にまたがる)、ART 持牌方 わずか 3 社(Bitstamp Pay / Quantoz EURD / Société Générale 一部プロダクト)、EU 主流取引所における USDT 流通はほぼ消滅(2024-12 の約 28% シェアから 20",
      "headings": [
        "EU MiCA 実装状況 2026-05 · EMT/ART ライセンス図 × USDT 撤退 × USDC マーケットシェア再構築",
        "TL;DR",
        "Wiki route",
        "実装タイムライン (2024-2026)",
        "EMT (E-Money Token) 持牌方図 (2026-05)",
        "ART (Asset-Referenced Token) 持牌方図 (2026-05)",
        "USDT の EU 撤退と USDC シェアの再構築",
        "Circle EURC",
        "Société Générale-FORGE EURCV (Euro Coin Vertu)",
        "BBVA EURO"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/brazil-mexico-cbdc-stablecoin-push-2026",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/dora-eu-digital-operational-resilience-ctpp",
        "fintech/dora-eu-digital-operational-resilience-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/mica-cross-border-implications",
        "fintech/mica-emt-art-subcategories-deep-dive",
        "fintech/mica-overview",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/brazil-mexico-cbdc-stablecoin-push-2026",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/dora-eu-digital-operational-resilience-ctpp",
        "https://finwiki.zksc.io/fintech/dora-eu-digital-operational-resilience-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8578,
      "word_like_tokens": 1628,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/european-payments-initiative-wero.md",
      "url": "https://finwiki.zksc.io/fintech/european-payments-initiative-wero",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/european-payments-initiative-wero.md",
      "title": "European Payments Initiative · Wero · 欧州銀行連合のリテール決済ウォレット · PayPal / Apple Pay 対抗",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with digital euro retail rollout for the ECB-issued retail money parallel track, and with Fnality for the wholesale-side European bank-consortium pattern (Wero is the retail mirror).",
      "headings": [
        "European Payments Initiative · Wero · 欧州銀行連合のリテール決済ウォレット · PayPal / Apple Pay 対抗",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/circle-usdc-stablecoin",
        "fintech/e-euro-retail-rollout",
        "fintech/fnality-wholesale-settlement",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mica-overview",
        "fintech/multi-megabank-consortium-governance",
        "fintech/stripe-usdb-bridge-stablecoin",
        "systems/sepa-instant-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/fnality-wholesale-settlement",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/stripe-usdb-bridge-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/fatf-travel-rule-cross-border-stack.md",
      "url": "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/fatf-travel-rule-cross-border-stack.md",
      "title": "FATF Travel Rule クロスボーダー四層 stack · 各国閾値の差異 + §501 連携",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "FATF Travel Rule クロスボーダー四層 stack · 各国閾値の差異 + §501 連携",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/fatf-travel-rule-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2815,
      "word_like_tokens": 540,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/fatf-travel-rule-overview.md",
      "url": "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/fatf-travel-rule-overview.md",
      "title": "FATF Travel Rule · R.16 VASP $1,000 KYC 情報伝達",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "FATF Travel Rule · R.16 VASP $1,000 KYC 情報伝達",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/fatf-travel-rule-cross-border-stack",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-emt-art-subcategories-deep-dive"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-emt-art-subcategories-deep-dive"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3101,
      "word_like_tokens": 568,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/first-digital-fdusd-hk-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/first-digital-fdusd-hk-stablecoin.md",
      "title": "First Digital FDUSD · HK ライセンス候補 · Binance 主要取引ペアで BUSD を代替",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "First Digital FDUSD · HK ライセンス候補 · Binance 主要取引ペアで BUSD を代替",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
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      "word_like_tokens": 549,
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    },
    {
      "source_path": "fintech/fnality-wholesale-settlement.md",
      "url": "https://finwiki.zksc.io/fintech/fnality-wholesale-settlement",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/fnality-wholesale-settlement.md",
      "title": "Fnality International · 銀行連合のホールセール決済トークン · BoE ライセンス取得 GBP は既稼働",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with Partior and JPM Onyx / Kinexys for the wholesale-settlement consortium triangle, and with 多大銀行連邦ガバナンス for the governance pattern that gives Fnality its multi-bank shape (vs. JPM single-issuer model).",
      "headings": [
        "Fnality International · 銀行連合のホールセール決済トークン · BoE ライセンス取得 GBP は既稼働",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/multi-megabank-consortium-governance",
        "fintech/partior-jpm-dbs-temasek-consortium",
        "fintech/tokenized-deposit-cumulative-volume-scale",
        "systems/canton-overview",
        "systems/cls-bank-overview",
        "systems/swift-iso-20022-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/partior-jpm-dbs-temasek-consortium",
        "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale",
        "https://finwiki.zksc.io/systems/canton-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5240,
      "word_like_tokens": 855,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/four-motive-classes-asymmetric-competition.md",
      "url": "https://finwiki.zksc.io/fintech/four-motive-classes-asymmetric-competition",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/four-motive-classes-asymmetric-competition.md",
      "title": "4 動機クラスの非対称分析",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "4 動機クラスの非対称分析",
        "Wiki route",
        "4 動機クラス",
        "クラス 1:詰まれた勝者(Locked-in Winners)",
        "クラス 2:ポートフォリオ勝者(Portfolio Winners)",
        "クラス 3:インフラ勝者(Infrastructure Winners)",
        "クラス 4:主権コーディネーター(Sovereign Coordinators)",
        "なぜこの分類が「7 陣営」より有用なのか",
        "応用テンプレート",
        "関連"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/wall-street-crypto-network-neutrality",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality",
        "https://finwiki.zksc.io/payment-firms/jpyc"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3886,
      "word_like_tokens": 652,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/franklin-templeton-stablecoin-migration.md",
      "url": "https://finwiki.zksc.io/fintech/franklin-templeton-stablecoin-migration",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/franklin-templeton-stablecoin-migration.md",
      "title": "Franklin Templeton FOBXX (BENJI) · Stellar 単一チェーンからマルチチェーン RWA へ · 「トークン化ファンド ≠ ステーブルコイン」のパラダイム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with BlackRock BUIDL for the dominant tokenized-MMF peer that BENJI now competes with, with Apollo ACRED for the second-tier RWA segmentation, and with stablecoin issuer 2025-2026 consolidation for why tokenized funds and stablecoins are increasingly reco",
      "headings": [
        "Franklin Templeton FOBXX (BENJI) · Stellar 単一チェーンからマルチチェーン RWA へ · 「トークン化ファンド ≠ ステーブルコイン」のパラダイム",
        "TL;DR",
        "Wiki route",
        "Product fundamentals",
        "The \"Stellar-first 3 years\" — what made it the right call (and what eventually broke it)",
        "Multi-chain expansion timeline",
        "\"Tokenized fund vs stablecoin\" — the regulatory distinction this product defined",
        "Yield distribution mechanics",
        "Adoption metrics 2024-2026",
        "Strategic context — why the multi-chain bet matters"
      ],
      "wikilinks": [
        "business/larry-fink-blackrock-digital-asset-template",
        "business/paolo-ardoino-tether-business-model-template",
        "exchanges/INDEX",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbbtc-institutional-btc-wrapper",
        "fintech/first-digital-fdusd-hk-stablecoin",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/ondo-finance-rusdy-adoption",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/world-liberty-usd1-political-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/ondo-finance-rusdy-adoption",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 2688,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/frax-frxusd-defi-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/frax-frxusd-defi-stablecoin.md",
      "title": "Frax frxUSD · DeFi ネイティブ・ステーブルコインの「半コンプライアンス化」ルート",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Frax frxUSD · DeFi ネイティブ・ステーブルコインの「半コンプライアンス化」ルート",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3176,
      "word_like_tokens": 561,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/fx-onchain-as-stablecoin-final-boss.md",
      "url": "https://finwiki.zksc.io/fintech/fx-onchain-as-stablecoin-final-boss",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/fx-onchain-as-stablecoin-final-boss.md",
      "title": "為替 onchain 化はステーブルコイン領域の「ラスボス」 — プライムブローカー消失と Herstatt Risk 解消",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "為替 onchain 化はステーブルコイン領域の「ラスボス」 — プライムブローカー消失と Herstatt Risk 解消",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-progmat",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-crossborder-b2b-growth",
        "megabanks/mufg",
        "systems/cross-chain-five-pole-comparison-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2666,
      "word_like_tokens": 413,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/genius-act-501-actual-implementation.md",
      "url": "https://finwiki.zksc.io/fintech/genius-act-501-actual-implementation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/genius-act-501-actual-implementation.md",
      "title": "GENIUS Act §501 Denylist Mandate · 2025 Actual Implementation",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "GENIUS Act §501 (signed July 18 2025) requires every permitted payment stablecoin issuer in the United States to have technical capability to freeze, seize, and burn tokens at sanctioned addresses within a defined response window after receiving an OFAC SDN designation, GENIUS-specific denylist inst",
      "headings": [
        "GENIUS Act §501 Denylist Mandate · 2025 Actual Implementation",
        "TL;DR",
        "Wiki route",
        "Why this entry exists",
        "§501 statutory text · what the law actually requires",
        "OFAC denylist scope and channel design",
        "Issuer compliance burden",
        "Technical implementation patterns",
        "Pattern 1 · ERC-20 blacklist mapping (legacy Circle / Tether style)",
        "Pattern 2 · Token-level upgrade with freezelist (post-§501 enhancement)"
      ],
      "wikilinks": [
        "business/hester-peirce-sec-regulatory-pivot-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/circular-reserve-asset-flywheel-risk-cases",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/irs-1099-da",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mica-cross-border-implications",
        "fintech/mica-overview",
        "fintech/occ-bank-charter-crypto-2025",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-reset-2025-usa-crypto-policy",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/treasury-stablecoin-policy-2025",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-risk-cases",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/irs-1099-da",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/occ-bank-charter-crypto-2025",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-reset-2025-usa-crypto-policy",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/treasury-stablecoin-policy-2025",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18810,
      "word_like_tokens": 2998,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/genius-act-501-denylist-mandate.md",
      "url": "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/genius-act-501-denylist-mandate.md",
      "title": "GENIUS Act §501 チェーンレベル Denylist 合法化",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "GENIUS Act §501 チェーンレベル Denylist 合法化",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/circle-usdc-stablecoin",
        "fintech/eu-mica-implementation-status-2026",
        "fintech/fatf-travel-rule-overview",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-chain-sovereign-currency-divide"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/eu-mica-implementation-status-2026",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3377,
      "word_like_tokens": 523,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/global-cbdc-retail-pilot-matrix-africa-caribbean.md",
      "url": "https://finwiki.zksc.io/fintech/global-cbdc-retail-pilot-matrix-africa-caribbean",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/global-cbdc-retail-pilot-matrix-africa-caribbean.md",
      "title": "Global retail CBDC pilot comparison matrix — Africa, Caribbean, Asia, UK",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the cross-jurisdiction comparison matrix for the seven most-cited live or in-design retail CBDC programmes. It complements the per-jurisdiction deep dives at Nigeria eNaira, Bahamas Sand Dollar, Jamaica JAM-DEX, BoE digital pound consultation, and e-CNY supply-",
      "headings": [
        "Global retail CBDC pilot comparison matrix — Africa, Caribbean, Asia, UK",
        "Wiki route",
        "Why a seven-pole comparison",
        "Matrix A · Statute, regulator, launch status",
        "Matrix B · Legal-tender status and currency anchor",
        "Matrix C · Issuance and distribution model (direct vs intermediated)",
        "Matrix D · KYC tier structure and per-wallet limits",
        "Matrix E · Adoption metrics — registered vs active vs population",
        "Matrix F · Technology vendor and underlying tech",
        "Matrix G · Cross-border interoperability"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bahamas-sand-dollar-cbdc",
        "fintech/bahamas-sand-dollar-cbdc\\",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-overview\\",
        "fintech/boe-digital-pound-consultation",
        "fintech/boe-digital-pound-consultation\\",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/e-euro-retail-rollout",
        "fintech/ecny-supply-chain-expansion",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/jamaica-jam-dex-cbdc",
        "fintech/jamaica-jam-dex-cbdc\\",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-overview\\",
        "fintech/nigeria-enaira-retail-cbdc",
        "fintech/nigeria-enaira-retail-cbdc\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bahamas-sand-dollar-cbdc",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/boe-digital-pound-consultation",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/ecny-supply-chain-expansion",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/jamaica-jam-dex-cbdc",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/nigeria-enaira-retail-cbdc"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20904,
      "word_like_tokens": 3459,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/global-stablecoin-regulatory-five-pole-matrix.md",
      "url": "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/global-stablecoin-regulatory-five-pole-matrix.md",
      "title": "グローバル・ステーブルコイン規制 五極比較マトリクス",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index and is the cross-jurisdictional matrix view that sits above the per-regime overviews. It complements the geopolitical lens of fintech/three-circles-stablecoin-mra-framework (which collapses the world into three MRA circles), by instead enumerating all five active",
      "headings": [
        "グローバル・ステーブルコイン規制 五極比較マトリクス",
        "Wiki route",
        "Why a five-pole comparison",
        "Matrix A · Statute, regulator, dates",
        "Matrix B · Scope and excluded designs",
        "Matrix C · Permitted issuer types",
        "Matrix D · Reserve composition, redemption, capital",
        "Matrix E · Cross-border and third-country access",
        "Matrix F · Disclosure, audit, AML, resolution",
        "Matrix G · Permitted use, distribution, interoperability"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/INDEX",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14036,
      "word_like_tokens": 2397,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/gold-tokenization-scheme-comparison.md",
      "url": "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/gold-tokenization-scheme-comparison.md",
      "title": "日本におけるトークン発行スキーム比較",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "スキーム選択は以下の要素で決まる: 1. ターゲット投資家層（リテール vs 機関） 2. 流動性要件（即時上場 vs 長期保有） 3. 規制対応コスト許容度 4. パートナー金融機関の有無",
      "headings": [
        "日本におけるトークン発行スキーム比較",
        "案A: 暗号資産型",
        "案B: セキュリティトークン（ST）型",
        "案C: 信託型",
        "選択基準",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "exchanges/rwa-tokenization-cex-integration",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/japan-third-party-allotment-5-step-flow",
        "fintech/jp-trust-type-sc-architecture"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/exchanges/rwa-tokenization-cex-integration",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/japan-third-party-allotment-5-step-flow",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1504,
      "word_like_tokens": 244,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/gray-market-dollar-network-formalization.md",
      "url": "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/gray-market-dollar-network-formalization.md",
      "title": "グレー市場ドルネットワークの正式化",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "グレー市場ドルネットワークの正式化",
        "Wiki route",
        "モデル定義",
        "Tether HK 事例",
        "数値",
        "4 層連鎖",
        "歴史的先例",
        "応用 / 転用",
        "リスク / 反例",
        "関連"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/bis-project-guardian-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/tether-business-model-short-treasury-yield"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield"
      ],
      "markdown_links": [],
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      "entity_edges": [],
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      "word_like_tokens": 607,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/hk-frtb-stablecoin-reserve-overview.md",
      "url": "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/hk-frtb-stablecoin-reserve-overview.md",
      "title": "HK FRTB ステーブルコイン準備金要件 · HKMA Reserve Framework",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "HK FRTB ステーブルコイン準備金要件 · HKMA Reserve Framework",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/basel-iii-frtb-crypto-exposure-implications",
        "fintech/basel-iii-frtb-crypto-exposure-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/three-circles-stablecoin-mra-framework"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-implications",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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    {
      "source_path": "fintech/hkma-stablecoin-licensing-implications.md",
      "url": "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/hkma-stablecoin-licensing-implications.md",
      "title": "HKMA ライセンス戦略的含意 · Tether HK 非対称ベット + 中国本土 SC チャネル",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "HKMA ライセンス戦略的含意 · Tether HK 非対称ベット + 中国本土 SC チャネル",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "fintech/INDEX",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/three-circles-stablecoin-mra-framework"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/hkma-stablecoin-licensing-overview.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
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        "HKMA ステーブルコイン・ライセンス · 香港 Stablecoin Licensing Regime 概観",
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        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
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        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "fintech/INDEX",
        "fintech/circle-usdc-stablecoin",
        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
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        "fintech/three-circles-stablecoin-mra-framework"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/india-anti-dollar-dpi-alliance.md",
      "title": "インド反ドル DPI 連合 — UPI / MOSIP / ARC 三軸ナラティブ",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "インド反ドル DPI 連合 — UPI / MOSIP / ARC 三軸ナラティブ",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/sandeep-nailwal-polygon-india-dpi-pattern",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/three-circles-stablecoin-mra-framework"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/sandeep-nailwal-polygon-india-dpi-pattern",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
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      "url": "https://finwiki.zksc.io/fintech/indonesia-ovo-stablecoin-route",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/indonesia-ovo-stablecoin-route.md",
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      "entry_type": "wiki_entry",
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      "summary": "This entry sits under fintech index and is the Indonesia-specific deep dive that the regional fintech/southeast-asia-stablecoin-regulatory-landscape entry references for OJK / BI mechanics and IDR-stablecoin gray-corridor flow. Read it with fintech/em-market-crypto-dollarization-pattern for the cros",
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        "Regulatory boundary · OJK vs BI vs Bappebti",
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        "GoPay · GoTo (Gojek + Tokopedia merger)",
        "DANA · Ant Group + Emtek",
        "ShopeePay · Sea Group",
        "Cross-comparison",
        "Why an e-wallet would (or would not) want a stablecoin license",
        "The QRIS rail and what it does to a stablecoin"
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        "fintech/dual-currency-stablecoin-arbitrage-legal-hack",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
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        "fintech/fatf-travel-rule-overview",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
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        "fintech/southeast-asia-stablecoin-regulatory-landscape",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/three-circles-mra-2030-economic-scale",
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        "fintech/usd-stablecoin-interchange"
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        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/brazil-drex-timeline-2026",
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        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
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        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
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        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/southeast-asia-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/three-circles-mra-2030-economic-scale",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/institutional-stablecoin-deposit-token-thesis.md",
      "title": "機関投資家市場のステーブルコイン = 銀行発行の預金トークンのみが構造的に解",
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      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "機関投資家市場のステーブルコイン = 銀行発行の預金トークンのみが構造的に解",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
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        "banking/minna-bank-baas-model",
        "fintech/INDEX",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-progmat",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/retail-stablecoin-dual-bind",
        "fintech/tokenized-deposit-cumulative-volume-scale",
        "megabanks/mufg",
        "megabanks/smfg",
        "systems/canton-overview"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/retail-stablecoin-dual-bind",
        "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/systems/canton-overview"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/irs-1099-da.md",
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      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/fatf-travel-rule-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
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    {
      "source_path": "fintech/issuer-distributor-incentive-realignment-50-50-model.md",
      "url": "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/issuer-distributor-incentive-realignment-50-50-model.md",
      "title": "発行体 vs 分配者 50/50 モデル · Coinbase ↔ Circle 利息分配メカニズム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "発行体 vs 分配者 50/50 モデル · Coinbase ↔ Circle 利息分配メカニズム",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "fintech/stablecoin-revenue-split-economics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics"
      ],
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    {
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      "url": "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/issuer-distributor-incentive-realignment-arc-strategy.md",
      "title": "Circle Arc 戦略 · 発行体が 50% 分配を取り戻す §501 エンドゲーム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "Circle Arc 戦略 · 発行体が 50% 分配を取り戻す §501 エンドゲーム",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "systems/cctp-v2-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/systems/cctp-v2-overview"
      ],
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      "source_path": "fintech/jamaica-jam-dex-cbdc.md",
      "url": "https://finwiki.zksc.io/fintech/jamaica-jam-dex-cbdc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jamaica-jam-dex-cbdc.md",
      "title": "Jamaica JAM-DEX — Bank of Jamaica retail CBDC, Lynk wallet adoption, eCurrency Mint vendor",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the per-jurisdiction case study on JAM-DEX (Jamaica Digital Exchange), the Bank of Jamaica's retail CBDC launched in 2022 — the third major small-economy retail CBDC after the Bahamas Sand Dollar (2020) and Nigeria eNaira (2021), and the most cleanly adopted of",
      "headings": [
        "Jamaica JAM-DEX — Bank of Jamaica retail CBDC, Lynk wallet adoption, eCurrency Mint vendor",
        "Wiki route",
        "Programme architecture",
        "Matrix A · Statute, regulator, phase status",
        "Matrix B · Design choices — wallet-first, incentive-driven, banked-population focus",
        "Matrix C · Adoption metrics (most recent public)",
        "Matrix D · Lynk wallet — the distribution-channel-ownership advantage",
        "Matrix E · Government incentive design",
        "Matrix F · Comparison to peer CBDCs",
        "Origin and evolution"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bahamas-sand-dollar-cbdc",
        "fintech/bahamas-sand-dollar-cbdc\\",
        "fintech/bis-project-agora-overview",
        "fintech/boe-digital-pound-consultation",
        "fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cbdc-multi-tier-architecture-three-paradigms",
        "fintech/cbdc-multi-tier-architecture-tradeoffs",
        "fintech/e-euro-retail-rollout",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/nigeria-enaira-retail-cbdc",
        "fintech/nigeria-enaira-retail-cbdc\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bahamas-sand-dollar-cbdc",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/boe-digital-pound-consultation",
        "https://finwiki.zksc.io/fintech/cbdc-adoption-curve-china-japan-eu-india-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-three-paradigms",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-tradeoffs",
        "https://finwiki.zksc.io/fintech/e-euro-retail-rollout",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/nigeria-enaira-retail-cbdc"
      ],
      "markdown_links": [],
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      "entity_edges": [],
      "nonspace_chars": 13712,
      "word_like_tokens": 2249,
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    },
    {
      "source_path": "fintech/japan-bittrade-listing-process.md",
      "url": "https://finwiki.zksc.io/fintech/japan-bittrade-listing-process",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-bittrade-listing-process.md",
      "title": "日本 BitTrade 上場プロセス — 登録交易所 Listing の 8 段階構造",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
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        "日本 BitTrade 上場プロセス — 登録交易所 Listing の 8 段階構造",
        "Wiki route",
        "検証ステータスの凡例",
        "8 段階の全景",
        "第 1 段階: 初期ビジネス接触 [V?]",
        "第 2 段階: プロジェクト・デューデリ [V?]",
        "第 3 段階: 法務 / コンプラ審査 [V~]",
        "「偽 Utility, 真の証券」レッドライン",
        "第 4 段階: 技術安全審査 [V?]",
        "第 5 段階: JVCEA / FSA 対応 [V?]"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/INDEX",
        "fintech/gold-tokenization-scheme-comparison",
        "fintech/japan-ecisb-license",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape"
      ],
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    {
      "source_path": "fintech/japan-ecisb-license.md",
      "url": "https://finwiki.zksc.io/fintech/japan-ecisb-license",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-ecisb-license.md",
      "title": "日本 ECISB ライセンス",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "日本 ECISB ライセンス",
        "Wiki route",
        "位置づけ",
        "レッドライン",
        "コア義務",
        "AML 義務",
        "申請プロセスとタイムライン",
        "タイムライン・ブリッジ",
        "決済系アプリへの適合",
        "所属方要件"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jp-vasp-regulatory-timeline",
        "exchanges/jvcea-self-regulatory-overview",
        "financial-licenses/INDEX",
        "fintech/INDEX",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/usd-stablecoin-interchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/japan-epi-four-camps-comparison.md",
      "url": "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-epi-four-camps-comparison.md",
      "title": "日本 SC 4 陣営対比 · §501(d) 視点下で SBI Circle = #1",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "日本 SC 4 陣営対比 · §501(d) 視点下で SBI Circle = #1",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "fintech/INDEX",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/three-circles-stablecoin-mra-framework",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
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    {
      "source_path": "fintech/japan-epi-three-types-overview.md",
      "url": "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-epi-three-types-overview.md",
      "title": "日本 EPI 三型アーキテクチャ · 信託型 / 銀行型 / 資金移動業者型 概要",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "日本 EPI 三型アーキテクチャ · 信託型 / 銀行型 / 資金移動業者型 概要",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-vasp-regulatory-timeline",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-vasp-regulatory-timeline",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
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      "markdown_links": [],
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      "source_path": "fintech/japan-financial-regulation.md",
      "url": "https://finwiki.zksc.io/fintech/japan-financial-regulation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-financial-regulation.md",
      "title": "日本金融規制 — トークン・暗号資産・決済に関する法体系",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "",
      "headings": [
        "日本金融規制 — トークン・暗号資産・決済に関する法体系",
        "Reasoning (法体系の三本柱)",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-stablecoin-bank-perimeter-2025",
        "exchanges/fsa-vasp-registration-system",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/ai-payment-two-tracks",
        "fintech/gold-tokenization-scheme-comparison",
        "fintech/japan-ecisb-license",
        "fintech/japan-listed-company-disclosure-monitoring",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-stablecoin-bank-perimeter-2025",
        "https://finwiki.zksc.io/exchanges/fsa-vasp-registration-system",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-listed-company-disclosure-monitoring",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-23"
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    {
      "source_path": "fintech/japan-listed-company-disclosure-monitoring.md",
      "url": "https://finwiki.zksc.io/fintech/japan-listed-company-disclosure-monitoring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-listed-company-disclosure-monitoring.md",
      "title": "日本上場会社 開示情報モニタリング SOP（17 チャネル）",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "適切な渠道選択により、公告 15:00 発表から数分以内の補足 + 翌日の舆情動向把握までを効率的にカバーできる。",
      "headings": [
        "日本上場会社 開示情報モニタリング SOP（17 チャネル）",
        "三層構造",
        "一層: 官方源（Primary · 最権威）",
        "二層: 聚合器（Secondary · 易用性）",
        "三層: 海外通道（Tertiary · 外盤参考）",
        "時系列 SOP（大型開示日）",
        "T-1 日（前日）",
        "当日（T=0）",
        "T+1 日〜 T+3 日",
        "T+7 日〜 T+30 日"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-tender-offer-process",
        "fintech/japan-financial-regulation",
        "fintech/japan-third-party-allotment-5-step-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-third-party-allotment-5-step-flow"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3459,
      "word_like_tokens": 564,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/japan-stablecoin-2026-event-tracker.md",
      "url": "https://finwiki.zksc.io/fintech/japan-stablecoin-2026-event-tracker",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-stablecoin-2026-event-tracker.md",
      "title": "日本 Stablecoin 2026 イベント・トラッカー · JPYC × Progmat × DCJPY × SBI VC Trade × FSA EPI 改正",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2026 年は日本ステーブルコイン業界の \"PoC → mainnet\" への転換期。JPYC は 2025-Q4 に正式メインネット (Ethereum + Polygon + Astar) でローンチし 2026-05 流通 約 ¥9.2B (~$60M) に到達; Progmat は 2026-Q2 にメガバンク信託主導の USD-anchored 第3号 EPI (Progmat USD) ローンチ予定; DCJPY (DeCurret) は 2026-Q1 に大手商社 + 電力会社 + 流通業のクローズドコンソーシアム本番運用に移行; SBI VC Trade USDC は流通 約",
      "headings": [
        "日本 Stablecoin 2026 イベント・トラッカー · JPYC × Progmat × DCJPY × SBI VC Trade × FSA EPI 改正",
        "TL;DR",
        "Wiki route",
        "2026 主要事件タイムライン",
        "JPYC mainnet 拡張",
        "Progmat USD ローンチ (信託型 USD SC)",
        "DCJPY (DeCurret) コンソーシアム本番",
        "SBI VC Trade USDC 拡大",
        "キャリア・QR 決済勢の参入観測",
        "KDDI au Wallet / au PAY"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/INDEX",
        "fintech/eu-mica-implementation-status-2026",
        "fintech/japan-ecisb-license",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/eu-mica-implementation-status-2026",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8714,
      "word_like_tokens": 1661,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "fintech/japan-stablecoin-regulatory-landscape.md",
      "url": "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-stablecoin-regulatory-landscape.md",
      "title": "日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax）",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Stablecoin coverage in this wiki should route as follows:",
      "headings": [
        "日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax）",
        "Current map (source-refresh 2026-05-21)",
        "Implication",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/ai-payment-two-tracks",
        "fintech/gold-tokenization-scheme-comparison",
        "fintech/japan-ecisb-license",
        "fintech/japan-financial-regulation",
        "fintech/jp-stablecoin-progmat",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2443,
      "word_like_tokens": 379,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "fintech/japan-third-party-allotment-5-step-flow.md",
      "url": "https://finwiki.zksc.io/fintech/japan-third-party-allotment-5-step-flow",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/japan-third-party-allotment-5-step-flow.md",
      "title": "日本上場会社 第三者割当増資の 5 段階フロー",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "各段階の時間感・関与主体・監視ポイントが明確化されるため、投資家・カウンターパーティ側は現在地を正確に把握できる。",
      "headings": [
        "日本上場会社 第三者割当増資の 5 段階フロー",
        "5 段階フロー",
        "第 1 段階: 弁護士書類作成",
        "第 2 段階: 当局提出（関東財務局・東証・金融庁）",
        "第 3 段階: 正式開示（公告）",
        "第 4 段階: ほふり（証券保管振替機構） → 証券会社 払込",
        "第 5 段階: 生株・予約権の投資・行使",
        "各段階の所要時間比較（案件例）",
        "投資家側の戦略的判断ポイント",
        "段階 3 → 段階 4 の間"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-tender-offer-process",
        "fintech/gold-tokenization-scheme-comparison",
        "fintech/japan-financial-regulation",
        "fintech/japan-listed-company-disclosure-monitoring"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/finance/japan-tender-offer-process",
        "https://finwiki.zksc.io/fintech/gold-tokenization-scheme-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-listed-company-disclosure-monitoring"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2498,
      "word_like_tokens": 376,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/jp-stablecoin-dcjpy.md",
      "url": "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jp-stablecoin-dcjpy.md",
      "title": "DCJPY / 株式会社ディーカレットDCP — 預金トークン専業プラットフォーム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 株式会社Progmat — デジタルアセットプラットフォーム概要 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "DCJPY / 株式会社ディーカレットDCP — 預金トークン専業プラットフォーム",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. DCJPY プラットフォームの仕組み",
        "4. 業務範囲・ユースケース",
        "5. 市占・業界内ポジション",
        "6. 沿革・重大事件",
        "7. 戦略動向",
        "8. 関連人物"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-sblox",
        "fintech/INDEX",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "megabanks/mufg",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-sblox",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [
        "https://coinpost.jp/?s=DCJPY",
        "https://www.decurret-dcp.com/company/",
        "https://www.decurret-dcp.com/pressrelease/pr-20260326.html",
        "https://www.decurret-dcp.com/pressrelease/pr-20260402.html",
        "https://www.decurret-dcp.com/pressrelease/pr-20260403.html",
        "https://www.decurret-dcp.com/service/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6746,
      "word_like_tokens": 1241,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/jp-stablecoin-progmat.md",
      "url": "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jp-stablecoin-progmat.md",
      "title": "株式会社Progmat — デジタルアセットプラットフォーム概要",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "株式会社Progmat — デジタルアセットプラットフォーム概要",
        "Wiki route",
        "1. 法人・株主",
        "2. 牌照・登録状況",
        "3. 取扱通貨（発行支援するデジタルアセット種別）",
        "ST（セキュリティトークン / デジタル証券）",
        "SC（ステーブルコイン / Progmat Coin）",
        "UT（ユーティリティトークン / デジタル権利証）",
        "4. 業務範囲",
        "Progmatのポジション = プラットフォーム提供者（≠ 発行体）"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-jpyc",
        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-dcjpy",
        "fintech/jp-trust-type-sc-architecture",
        "fintech/multi-megabank-consortium-governance",
        "payment-firms/progmat",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-dcjpy",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [
        "https://progmat.co.jp/about/",
        "https://progmat.co.jp/blog/",
        "https://progmat.co.jp/concept/",
        "https://progmat.co.jp/consortium/",
        "https://progmat.co.jp/en/news/",
        "https://progmat.co.jp/en/news/2023-09-11-press/",
        "https://progmat.co.jp/news/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6251,
      "word_like_tokens": 1113,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/jp-trust-type-sc-architecture.md",
      "url": "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jp-trust-type-sc-architecture.md",
      "title": "日本信託型 SC 架構",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 多巨行联合体治理 —— 复数 megabank 共同持有 fintech 基础设施的治理模式 for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "日本信託型 SC 架構",
        "Wiki route",
        "三型構造比較",
        "信託型の構造的優位",
        "§501(d) との関係",
        "三型の市場分担(現状 2026)",
        "応用",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/multi-megabank-consortium-governance",
        "megabanks/mufg",
        "megabanks/smfg",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3216,
      "word_like_tokens": 543,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/jpm-onyx-wholesale-network.md",
      "url": "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jpm-onyx-wholesale-network.md",
      "title": "JPMorgan Onyx / Kinexys · 銀行内部ホールセール・ネットワーク · Liink × JPM Coin × Onyx Digital Assets",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with JPMorgan JPMD for the retail-deposit-token sibling product, and with Fnality / Partior for the multi-bank consortium contrast that Onyx-Kinexys deliberately rejects.",
      "headings": [
        "JPMorgan Onyx / Kinexys · 銀行内部ホールセール・ネットワーク · Liink × JPM Coin × Onyx Digital Assets",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/fnality-wholesale-settlement",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/multi-megabank-consortium-governance",
        "fintech/partior-jpm-dbs-temasek-consortium",
        "fintech/tokenized-deposit-cumulative-volume-scale",
        "systems/canton-overview",
        "systems/swift-iso-20022-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/fnality-wholesale-settlement",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/partior-jpm-dbs-temasek-consortium",
        "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale",
        "https://finwiki.zksc.io/systems/canton-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5074,
      "word_like_tokens": 846,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/jpmorgan-jpmd-coin.md",
      "url": "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jpmorgan-jpmd-coin.md",
      "title": "JPMorgan JPMD · トークン化預金 · GENIUS §501 法的分類下の TD パラダイム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "JPMorgan JPMD · トークン化預金 · GENIUS §501 法的分類下の TD パラダイム",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/circle-usdc-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/multi-megabank-consortium-governance",
        "fintech/tokenized-deposit-cumulative-volume-scale",
        "systems/canton-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale",
        "https://finwiki.zksc.io/systems/canton-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3408,
      "word_like_tokens": 598,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/jurisdiction-list-monetary-protectionism.md",
      "url": "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/jurisdiction-list-monetary-protectionism.md",
      "title": "司法管轄区リストとしての貨幣保護主義ツール",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 米/欧/日「3 つの大円」ステーブルコイン・グローバル・コンプラ・アーキテクチャ(MRA 相互認証) for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "司法管轄区リストとしての貨幣保護主義ツール",
        "Wiki route",
        "法的メカニズム",
        "第 1 波リスト入り予測",
        "リスト入りの連鎖反応",
        "司法管轄区へ",
        "コンプラ SC 発行者へ",
        "リスト外へ",
        "貨幣保護主義の歴史的先例",
        "応用 / 転用"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/central-banking-function-unbundling",
        "fintech/fatf-travel-rule-cross-border-stack",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-epi-four-camps-comparison",
        "fintech/japan-financial-regulation",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/three-circles-stablecoin-mra-framework",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-epi-four-camps-comparison",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3236,
      "word_like_tokens": 559,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/latin-america-cbdc-stablecoin-dollarization.md",
      "url": "https://finwiki.zksc.io/fintech/latin-america-cbdc-stablecoin-dollarization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/latin-america-cbdc-stablecoin-dollarization.md",
      "title": "Latin America CBDC and USD-Stablecoin Dynamics",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index and is the Latin American regional view that complements the dedicated fintech/brazil-drex-timeline-2026 entry (per-jurisdiction deep dive on Brazil) and sits opposite the fintech/southeast-asia-stablecoin-regulatory-landscape regional view. Read it with fintech/e",
      "headings": [
        "Latin America CBDC and USD-Stablecoin Dynamics",
        "Wiki route",
        "Why Latin America matters for the global stablecoin map",
        "Argentina · USDT economy + Milei reforms",
        "Brazil · DREX + Pix + private-rail stablecoin competition",
        "Mexico · Banxico CoDi vs stablecoin",
        "Colombia and Peru · gray-market USDC use",
        "El Salvador · BTC legal tender + USDC dual policy",
        "Venezuela · petro defunct, USDT remittance economy",
        "Cross-country comparison matrix"
      ],
      "wikilinks": [
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/brazil-drex-timeline-2026",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/southeast-asia-stablecoin-regulatory-landscape",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/stablecoin-crossborder-b2b-growth"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/brazil-drex-timeline-2026",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/southeast-asia-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/m-network-m0-neutral-infrastructure.md",
      "url": "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/m-network-m0-neutral-infrastructure.md",
      "title": "M^0 / M Network · 中立ステーブルコイン・インフラ · 「スイス銀行モデル」",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "M^0 / M Network · 中立ステーブルコイン・インフラ · 「スイス銀行モデル」",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3054,
      "word_like_tokens": 513,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/m0-network-infrastructure-update-2026.md",
      "url": "https://finwiki.zksc.io/fintech/m0-network-infrastructure-update-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/m0-network-infrastructure-update-2026.md",
      "title": "M0 / M Network · 2026 インフラ更新 · M Bridge × Mexican Peso × USDM × 中立ミドルウェアの成熟期",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "M0(M^ZERO) は 2026 上半期に「early-stage 中立インフラ」から「partner-issuer ミドルウェア」段階に入り、同時に 3 つの新成長軸に賭ける:(1)M Bridge = M0 が Base / Arbitrum / OP / Unichain / Solana 間に提供するネイティブ相互接続層で、任意の partner issuer ステーブルコインが自然にマルチチェーンで共存可能;(2)MXNB pilot = Bitso + Mercado Bitcoin 等の中南米参加者が M0 上でメキシコペソ・ペッグ・ステーブルコインを発行、初の非米ドル par",
      "headings": [
        "M0 / M Network · 2026 インフラ更新 · M Bridge × Mexican Peso × USDM × 中立ミドルウェアの成熟期",
        "TL;DR",
        "Wiki route",
        "Key facts (2026-05 snapshot)",
        "2026 event timeline",
        "Mechanism / 3 層ミドルウェアのアップグレード",
        "$M トークン・エコノミクスとガバナンス",
        "他の neutral-infra SC との比較",
        "USDM yield path の分解",
        "Related"
      ],
      "wikilinks": [
        "fintech/INDEX",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/protocol-renewal-trigger-as-event-anchor",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/wall-street-crypto-network-neutrality",
        "fintech/world-liberty-usd1-political-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/protocol-renewal-trigger-as-event-anchor",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8080,
      "word_like_tokens": 1391,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/maina-wallet-kyc-permissionless-ux-bridge.md",
      "url": "https://finwiki.zksc.io/fintech/maina-wallet-kyc-permissionless-ux-bridge",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/maina-wallet-kyc-permissionless-ux-bridge.md",
      "title": "マイナウォレットモデルは「KYC 済水準 × パーミッションレス UX」を両立させる日本特有の解",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "マイナウォレットモデルは「KYC 済水準 × パーミッションレス UX」を両立させる日本特有の解",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/minna-bank-baas-model",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "fintech/INDEX",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/retail-stablecoin-dual-bind",
        "payment-firms/jpyc",
        "systems/erc-4337-embedded-wallet-adoption"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/retail-stablecoin-dual-bind",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/systems/erc-4337-embedded-wallet-adoption"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2410,
      "word_like_tokens": 379,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/mbridge-bis-multi-cbdc-overview.md",
      "url": "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/mbridge-bis-multi-cbdc-overview.md",
      "title": "mBridge · BIS マルチ CBDC クロスボーダー決済ブリッジ(概要)",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "mBridge · BIS マルチ CBDC クロスボーダー決済ブリッジ(概要)",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-vs-agora",
        "fintech/mbridge-non-usd-settlement-ring-scale",
        "fintech/mbridge-six-central-banks-roster",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-vs-agora",
        "https://finwiki.zksc.io/fintech/mbridge-non-usd-settlement-ring-scale",
        "https://finwiki.zksc.io/fintech/mbridge-six-central-banks-roster",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2789,
      "word_like_tokens": 485,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/mbridge-bis-multi-cbdc-vs-agora.md",
      "url": "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-vs-agora",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/mbridge-bis-multi-cbdc-vs-agora.md",
      "title": "mBridge vs Agora · BIS 2025 同年切替の二軌対比",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "mBridge vs Agora · BIS 2025 同年切替の二軌対比",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/three-circles-stablecoin-mra-framework",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 440,
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        "Origin & evolution",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The 2025 Office of the Comptroller of the Currency (OCC) update creates a clear federal pathway for crypto firms to obtain national bank or national trust bank charters. OCC Interpretive Letter 1183 (March 27 2025) reaffirms the underlying crypto-custody, stablecoin-reserve, and node-operator powers",
      "headings": [
        "OCC National Bank Charter for Crypto Firms · 2025 Update",
        "TL;DR",
        "Wiki route",
        "Why this entry exists",
        "OCC charter background · the four-letter chain",
        "Anchorage Digital Bank · the precedent case",
        "Custodia Bank · the Wyoming SPDI counter-pattern",
        "2025 charter pipeline · who has applied",
        "What an OCC national trust bank charter delivers post-2025",
        "OCC IL 1183 · what it actually clarifies"
      ],
      "wikilinks": [
        "business/brian-armstrong-coinbase-public-company-template",
        "business/hester-peirce-sec-regulatory-pivot-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "exchanges/INDEX",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/genius-act-501-actual-implementation",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/mica-overview",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-reset-2025-usa-crypto-policy",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/treasury-stablecoin-policy-2025",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/brian-armstrong-coinbase-public-company-template",
        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/genius-act-501-actual-implementation",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-reset-2025-usa-crypto-policy",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/treasury-stablecoin-policy-2025",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18509,
      "word_like_tokens": 2880,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage.md",
      "url": "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage.md",
      "title": "OCC trust bank charter を活用した連邦ステーブルコイン銀行アービトラージ・ルート",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "OCC trust bank charter を活用した連邦ステーブルコイン銀行アービトラージ・ルート",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "fintech/INDEX",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3481,
      "word_like_tokens": 586,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/onchain-finance-vs-crypto-bifurcation.md",
      "url": "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/onchain-finance-vs-crypto-bifurcation.md",
      "title": "ブロックチェーン業界は「オンチェーンファイナンス」と「クリプト」に DNA レベルで分離した",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ブロックチェーン業界は「オンチェーンファイナンス」と「クリプト」に DNA レベルで分離した",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/minna-bank-baas-model",
        "fintech/INDEX",
        "fintech/fx-onchain-as-stablecoin-final-boss",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/retail-stablecoin-dual-bind",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/wall-street-crypto-network-neutrality",
        "systems/canton-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/fx-onchain-as-stablecoin-final-boss",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/retail-stablecoin-dual-bind",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality",
        "https://finwiki.zksc.io/systems/canton-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2586,
      "word_like_tokens": 370,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "fintech/ondo-finance-rusdy-adoption.md",
      "url": "https://finwiki.zksc.io/fintech/ondo-finance-rusdy-adoption",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/ondo-finance-rusdy-adoption.md",
      "title": "Ondo Finance · OUSG / USDY / rUSDY / Ondo Chain · 機関化 RWA フルスタック・プレイヤー",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Ondo Finance は 2021 年創設、2023 年から単一の tokenized Treasury プロダクト(OUSG)を RWA フルスタックに拡張 = OUSG(適格投資家向けトークン化国債)+ USDY(リテール保有可能 yieldcoin)+ rUSDY(rebasing コンプラ・バリアント)+ Ondo Chain(RWA-optimized L1、2025 公表)。OUSG と BlackRock BUIDL は深い共生関係 — Ondo は OUSG 後端準備金の相当部分を BUIDL に置換、BUIDL の DeFi プロトコル層における最大のリテール分配端として",
      "headings": [
        "Ondo Finance · OUSG / USDY / rUSDY / Ondo Chain · 機関化 RWA フルスタック・プレイヤー",
        "TL;DR",
        "Wiki route",
        "Product stack — what each token actually is",
        "OUSG ↔ BUIDL partnership — the key structural fact",
        "USDY / rUSDY — the \"yieldcoin for non-US individuals\"",
        "Multi-chain deployment — the \"RWA on every chain that matters\" thesis",
        "Ondo Chain — the L1 thesis",
        "Adoption metrics 2024-2026",
        "Flux Finance and DeFi composability"
      ],
      "wikilinks": [
        "business/larry-fink-blackrock-digital-asset-template",
        "exchanges/INDEX",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbbtc-institutional-btc-wrapper",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14678,
      "word_like_tokens": 2431,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/partior-jpm-dbs-temasek-consortium.md",
      "url": "https://finwiki.zksc.io/fintech/partior-jpm-dbs-temasek-consortium",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/partior-jpm-dbs-temasek-consortium.md",
      "title": "Partior · JPM / DBS / StanChart / Temasek コンソーシアム · シンガポール錨地のクロスボーダー・ホールセール決済",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with Fnality(英米側マルチバンク wholesale)と JPM Onyx(シングルバンク TD)で wholesale-settlement コンソーシアムの三角形を、そして MAS 戦略含意 と合わせて Partior のシンガポール錨地構造を読む。",
      "headings": [
        "Partior · JPM / DBS / StanChart / Temasek コンソーシアム · シンガポール錨地のクロスボーダー・ホールセール決済",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-guardian-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/fnality-wholesale-settlement",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/multi-megabank-consortium-governance",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/singapore-mas-payment-services-act-strategic-implications",
        "systems/canton-overview",
        "systems/cosmos-ibc-for-financial-institutions"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-guardian-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/fnality-wholesale-settlement",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-strategic-implications",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4941,
      "word_like_tokens": 830,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/paxos-paxg-post-binance-pivot.md",
      "url": "https://finwiki.zksc.io/fintech/paxos-paxg-post-binance-pivot",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/paxos-paxg-post-binance-pivot.md",
      "title": "Paxos · BUSD 停止後のマルチプロダクト + マルチライセンス pivot · PYUSD / USDG / USDL / PAXG",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with PayPal PYUSD for the lead branded product, with stablecoin five-pole regulatory matrix for the multi-jurisdiction licensing context, and with stablecoin issuer 2025-2026 consolidation for the broader market structure that this pivot reshaped.",
      "headings": [
        "Paxos · BUSD 停止後のマルチプロダクト + マルチライセンス pivot · PYUSD / USDG / USDL / PAXG",
        "TL;DR",
        "Wiki route",
        "What broke in 2023 — the BUSD stop-mint",
        "Product matrix (2026-05)",
        "PYUSD — the flagship after BUSD",
        "USDG — the multi-distributor alliance",
        "USDL — Lift Dollar, yield-bearing from ADGM",
        "PAXG — the gold token that quietly worked",
        "Multi-jurisdiction licensing — the real moat"
      ],
      "wikilinks": [
        "business/paolo-ardoino-tether-business-model-template",
        "exchanges/INDEX",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbbtc-institutional-btc-wrapper",
        "fintech/first-digital-fdusd-hk-stablecoin",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/world-liberty-usd1-political-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17880,
      "word_like_tokens": 3038,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/paypal-pyusd-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/paypal-pyusd-stablecoin.md",
      "title": "PayPal PYUSD · 大手決済企業初のブランド化ステーブルコイン · Solana 主戦場",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "PayPal PYUSD · 大手決済企業初のブランド化ステーブルコイン · Solana 主戦場",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/coinbase-cdp-developer-platform",
        "fintech/INDEX",
        "fintech/circle-usdc-stablecoin",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/world-liberty-usd1-political-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/coinbase-cdp-developer-platform",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
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    },
    {
      "source_path": "fintech/portfolio-winner-structure-arm-analog.md",
      "url": "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/portfolio-winner-structure-arm-analog.md",
      "title": "ポートフォリオ勝者構造(Portfolio Winner Structure)",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against ウォール街暗号ネットワーク中立投資戦略(Visa 二軌モデル) for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "ポートフォリオ勝者構造(Portfolio Winner Structure)",
        "Wiki route",
        "成立条件(4 必要)",
        "歴史的先例",
        "ARM Holdings(1990-2020 年代)",
        "その他の先例",
        "金融インフラ再構築における再現",
        "代替候補(他の「ポートフォリオ勝者」候補)",
        "失敗モード",
        "応用 / 転用テンプレート"
      ],
      "wikilinks": [
        "agent-economy/privy-aws-agentcore-default-wallet",
        "agent-economy/x402-cloudflare-aws-edge-integration",
        "fintech/INDEX",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/central-banking-function-unbundling",
        "fintech/japan-financial-regulation",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/agent-economy/privy-aws-agentcore-default-wallet",
        "https://finwiki.zksc.io/agent-economy/x402-cloudflare-aws-edge-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
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      "source_path": "fintech/protocol-hedge-strategy-stripe-pattern.md",
      "url": "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/protocol-hedge-strategy-stripe-pattern.md",
      "title": "プロトコル層マルチライン hedge 戦略",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "プロトコル層マルチライン hedge 戦略",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/ai-company-payment-landscape",
        "agent-economy/ap2-overview",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/ai-company-payment-landscape",
        "https://finwiki.zksc.io/agent-economy/ap2-overview",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
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    },
    {
      "source_path": "fintech/protocol-renewal-trigger-as-event-anchor.md",
      "url": "https://finwiki.zksc.io/fintech/protocol-renewal-trigger-as-event-anchor",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/protocol-renewal-trigger-as-event-anchor.md",
      "title": "プロトコル更新トリガー —— 商業協業再構築とイベントアンカリング機構",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "プロトコル更新トリガー —— 商業協業再構築とイベントアンカリング機構",
        "Wiki route",
        "コアメカニズム",
        "典型事例：2026-08 Coinbase-Circle 協定更新",
        "商業応用と戦略選択",
        "1. プロトコル主導側（チャネルを有するプラットフォーム側）",
        "2. プロトコル被制約側（チャネル依存型の発行体側）",
        "3. 外部の観察者および競合",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/enterprise-procurement-deadline-anchor",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/stablecoin-revenue-split-economics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/enterprise-procurement-deadline-anchor",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics"
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    {
      "source_path": "fintech/regulatory-reset-2025-usa-crypto-policy.md",
      "url": "https://finwiki.zksc.io/fintech/regulatory-reset-2025-usa-crypto-policy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/regulatory-reset-2025-usa-crypto-policy.md",
      "title": "US 2025 Crypto Regulatory Reset · Trump-Era Policy Pivot",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Between January 2025 and the end of Q1 2026, the US federal posture toward crypto reversed across seven independent surfaces in roughly twelve months: (1) SEC accounting bulletin SAB 121 was rescinded by SAB 122 (January 23 2025), removing the on-balance-sheet liability that had kept banks out of cu",
      "headings": [
        "US 2025 Crypto Regulatory Reset · Trump-Era Policy Pivot",
        "TL;DR",
        "Wiki route",
        "Why this entry exists",
        "Timeline · January 2025 through Q1 2026",
        "Mechanism 1 · SAB 121 repeal (SAB 122)",
        "Mechanism 2 · EO 14178 and the President's Working Group",
        "Mechanism 3 · David Sacks as White House AI & Crypto Czar",
        "Mechanism 4 · Strategic Bitcoin Reserve (EO 14233)",
        "Mechanism 5 · Paul Atkins SEC and Crypto Task Force"
      ],
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        "business/brian-armstrong-coinbase-public-company-template",
        "business/hester-peirce-sec-regulatory-pivot-case",
        "business/jamie-dimon-anti-crypto-pivot-case",
        "business/larry-fink-blackrock-digital-asset-template",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/genius-act-501-actual-implementation",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/mica-cross-border-implications",
        "fintech/mica-overview",
        "fintech/occ-bank-charter-crypto-2025",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/treasury-stablecoin-policy-2025",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/brian-armstrong-coinbase-public-company-template",
        "https://finwiki.zksc.io/business/hester-peirce-sec-regulatory-pivot-case",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/genius-act-501-actual-implementation",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/occ-bank-charter-crypto-2025",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/treasury-stablecoin-policy-2025",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
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    {
      "source_path": "fintech/regulatory-window-strategic-acquisition.md",
      "url": "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/regulatory-window-strategic-acquisition.md",
      "title": "規制立法ウィンドウ直前の戦略バイヤー買収パターン",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "規制立法ウィンドウ直前の戦略バイヤー買収パターン",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage"
      ],
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      "last_modified": "2026-06-24"
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    {
      "source_path": "fintech/retail-stablecoin-dual-bind.md",
      "url": "https://finwiki.zksc.io/fintech/retail-stablecoin-dual-bind",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/retail-stablecoin-dual-bind.md",
      "title": "リテール用ステーブルコインは「銀行発行 vs パーミッションレス UX」の二律背反に陥る — 決済レイヤー単独では勝ち筋がない",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "リテール用ステーブルコインは「銀行発行 vs パーミッションレス UX」の二律背反に陥る — 決済レイヤー単独では勝ち筋がない",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/privy-embedded-wallet-overview",
        "banking/minna-bank-baas-model",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/maina-wallet-kyc-permissionless-ux-bridge",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "systems/erc-7702-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/privy-embedded-wallet-overview",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/maina-wallet-kyc-permissionless-ux-bridge",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/systems/erc-7702-overview"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "fintech/ripple-rlusd-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/ripple-rlusd-stablecoin.md",
      "title": "Ripple RLUSD · 銀行級コンプライアンス優先ステーブルコイン · XRPL + Ethereum 2 チェーン",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Ripple RLUSD · 銀行級コンプライアンス優先ステーブルコイン · XRPL + Ethereum 2 チェーン",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
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      "nonspace_chars": 3072,
      "word_like_tokens": 524,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/singapore-mas-payment-services-act-overview.md",
      "url": "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/singapore-mas-payment-services-act-overview.md",
      "title": "Singapore MAS Payment Services Act + SCS フレームワーク概観",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Singapore MAS Payment Services Act + SCS フレームワーク概観",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/sg-mas-dpt-licensing-overview",
        "fintech/INDEX",
        "fintech/circle-usdc-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/singapore-mas-payment-services-act-strategic-implications",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-strategic-implications",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
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    {
      "source_path": "fintech/singapore-mas-payment-services-act-strategic-implications.md",
      "url": "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-strategic-implications",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/singapore-mas-payment-services-act-strategic-implications.md",
      "title": "MAS 戦略的含意 + HK との対比 · Circle SG hub + DBS/StanChart チャネル",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "MAS 戦略的含意 + HK との対比 · Circle SG hub + DBS/StanChart チャネル",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/sg-mas-dpt-licensing-overview",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/sky-usds-decentralized-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/sky-usds-decentralized-stablecoin.md",
      "title": "Sky USDS · §501 時代最大の分散型ステーブルコイン試行 · MakerDAO リブランド",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Sky USDS · §501 時代最大の分散型ステーブルコイン試行 · MakerDAO リブランド",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
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    },
    {
      "source_path": "fintech/southeast-asia-stablecoin-regulatory-landscape.md",
      "url": "https://finwiki.zksc.io/fintech/southeast-asia-stablecoin-regulatory-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/southeast-asia-stablecoin-regulatory-landscape.md",
      "title": "Southeast Asia Stablecoin Regulatory Landscape 2026",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index and is the regional routing surface for ASEAN-plus-HK stablecoin policy. Read it alongside the five-pole global matrix at fintech/global-stablecoin-regulatory-five-pole-matrix (which slots MAS and HKMA into a world view) and the EM dollarization counter-pattern at",
      "headings": [
        "Southeast Asia Stablecoin Regulatory Landscape 2026",
        "Wiki route",
        "Why a regional map matters",
        "Singapore MAS · PSA + SCS + DTSP",
        "Hong Kong HKMA · Stablecoin Ordinance (Cap. 656)",
        "MAS vs HKMA · short comparison",
        "Thailand · SEC + BoT stablecoin sandbox",
        "Malaysia · BNM Discussion Paper 2026 + SC Malaysia digital asset framework",
        "Philippines · BSP Project Agila + e-money + virtual currency",
        "Vietnam · SBV crypto ban + de-facto USDT economy"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "exchanges/crypto-custody-provider-landscape-matrix",
        "exchanges/global-institutional-custody-five-pillars",
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "exchanges/hk-sfc-vasp-licensing-overview",
        "exchanges/jp-crypto-bank-credit-facilities",
        "exchanges/sg-mas-dpt-licensing-overview",
        "fintech/INDEX",
        "fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "fintech/aml-cft-fatf-grey-list-overview",
        "fintech/basel-iii-frtb-crypto-exposure-implications",
        "fintech/basel-iii-frtb-crypto-exposure-overview",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "fintech/fatf-travel-rule-cross-border-stack",
        "fintech/fatf-travel-rule-overview",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/hk-frtb-stablecoin-reserve-overview",
        "fintech/hkma-stablecoin-licensing-implications",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/indonesia-ovo-stablecoin-route",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/singapore-mas-payment-services-act-overview",
        "fintech/singapore-mas-payment-services-act-strategic-implications",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/stablecoin-crossborder-b2b-growth"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/crypto-custody-provider-landscape-matrix",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/exchanges/hk-sfc-vasp-licensing-overview",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/exchanges/sg-mas-dpt-licensing-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-cross-border-implications",
        "https://finwiki.zksc.io/fintech/aml-cft-fatf-grey-list-overview",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-implications",
        "https://finwiki.zksc.io/fintech/basel-iii-frtb-crypto-exposure-overview",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-cross-border-stack",
        "https://finwiki.zksc.io/fintech/fatf-travel-rule-overview",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/hk-frtb-stablecoin-reserve-overview",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-implications",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/indonesia-ovo-stablecoin-route",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-overview",
        "https://finwiki.zksc.io/fintech/singapore-mas-payment-services-act-strategic-implications",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "fintech/sovereign-capital-pool-aramco-anchor.md",
      "url": "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/sovereign-capital-pool-aramco-anchor.md",
      "title": "ソブリン資本プール規模アンカー · Aramco $7T を中東デジタル資産配分の上限として",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ソブリン資本プール規模アンカー · Aramco $7T を中東デジタル資産配分の上限として",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/sovereign-fund-crypto-allocation-pattern",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
      ],
      "markdown_links": [],
      "entity_node": null,
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    },
    {
      "source_path": "fintech/sovereign-fund-crypto-allocation-pattern.md",
      "url": "https://finwiki.zksc.io/fintech/sovereign-fund-crypto-allocation-pattern",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/sovereign-fund-crypto-allocation-pattern.md",
      "title": "ソブリンファンドの暗号インフラ配分パターン",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ソブリンファンドの暗号インフラ配分パターン",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-institutional-custody-five-pillars",
        "fintech/INDEX",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/sovereign-capital-pool-aramco-anchor",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/wall-street-crypto-network-neutrality"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-institutional-custody-five-pillars",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/sovereign-capital-pool-aramco-anchor",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality"
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    },
    {
      "source_path": "fintech/stablecoin-chain-sovereign-currency-divide.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-chain-sovereign-currency-divide.md",
      "title": "ステーブルコイン地政学通貨対立フレームワーク",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 米 / 欧 / 日 「三大円」ステーブルコイングローバルコンプライアンスアーキテクチャ（MRA 相互認証） for peer / contrast context and 日本金融規制 — トークン・暗号資産・決済に関する法体系 for the broader system / regulatory boundary.",
      "headings": [
        "ステーブルコイン地政学通貨対立フレームワーク",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/hkma-stablecoin-licensing-overview",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/wall-street-crypto-network-neutrality",
        "megabanks/mufg",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/hkma-stablecoin-licensing-overview",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/jpyc"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 3309,
      "word_like_tokens": 505,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/stablecoin-chain-token-strategy-trilemma.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-chain-token-strategy-trilemma.md",
      "title": "ステーブルコイン公開チェーン token 戦略 3 状態ゲーム",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ステーブルコイン公開チェーン token 戦略 3 状態ゲーム",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/usd-stablecoin-interchange",
        "systems/cross-chain-five-pole-comparison-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2348,
      "word_like_tokens": 366,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/stablecoin-channel-japan-sbi-jpyc-ring.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-channel-japan-sbi-jpyc-ring.md",
      "title": "SBI × JPYC × Circle 環状持株 — 日本ステーブルコイン配信チャネル",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "SBI × JPYC × Circle 環状持株 — 日本ステーブルコイン配信チャネル",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/INDEX",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/multi-megabank-consortium-governance",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/three-circles-stablecoin-mra-framework",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 3043,
      "word_like_tokens": 552,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/stablecoin-crossborder-b2b-growth.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-crossborder-b2b-growth.md",
      "title": "B2B Stablecoin 跨境決済の爆発的成長（733% YoY、$226B）",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "主要企業の採用：Visa（年 $46 億決済処理）、Stripe（$4,000 億 SC 決済量）、PayPal（PYUSD 供給量 600% 増）。",
      "headings": [
        "B2B Stablecoin 跨境決済の爆発的成長（733% YoY、$226B）",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/skill-market-monetization",
        "exchanges/jp-crypto-bank-credit-facilities",
        "fintech/ai-payment-two-tracks",
        "fintech/cross-border-sc-via-swift-api",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/paypal-pyusd-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/skill-market-monetization",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/cross-border-sc-via-swift-api",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin"
      ],
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      "last_modified": "2026-05-25"
    },
    {
      "source_path": "fintech/stablecoin-issuer-2025-2026-market-consolidation.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-issuer-2025-2026-market-consolidation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-issuer-2025-2026-market-consolidation.md",
      "title": "Stablecoin Issuer 2025-2026 Market Consolidation · USDT/USDC 双寡占と 8 社の挑戦者梯団",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2025-2026 年の米ドルステーブルコイン市場は 「双寡占 + 梯団挑戦者」 構造へ移行する。Tether USDT $145B + Circle USDC $60B が流通量の ~85% を占有するが、2024-2026 年に実質的な成長能力を有する挑戦者が 8 社（PYUSD / RLUSD / FDUSD / USDe / USDG / frxUSD / USDS / USD1）+ 中立インフラ 1 社（M^0）出現。真のセクター分化：USDT がグレーゾーンに留まり · USDC がホワイトゾーンへ · PYUSD/RLUSD がリテールコンプライアンスを獲得 · FDUSD が",
      "headings": [
        "Stablecoin Issuer 2025-2026 Market Consolidation · USDT/USDC 双寡占と 8 社の挑戦者梯団",
        "TL;DR",
        "Wiki route",
        "Market structure snapshot (2026-05)",
        "双寡占は弱体化ではなく強固化している",
        "実質的牽引力を得た 8 社の挑戦者",
        "中立インフラ層",
        "ゾンビ / フェード / 絶滅した issuer",
        "準備資産品質競争",
        "2026 年集約が実際に示すもの"
      ],
      "wikilinks": [
        "business/larry-fink-blackrock-digital-asset-template",
        "business/paolo-ardoino-tether-business-model-template",
        "exchanges/INDEX",
        "exchanges/jp-cex-deposit-token-stablecoin-integration",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cbbtc-institutional-btc-wrapper",
        "fintech/first-digital-fdusd-hk-stablecoin",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/world-liberty-usd1-political-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/business/paolo-ardoino-tether-business-model-template",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-deposit-token-stablecoin-integration",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbbtc-institutional-btc-wrapper",
        "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
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    },
    {
      "source_path": "fintech/stablecoin-revenue-split-economics.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-revenue-split-economics.md",
      "title": "ステーブルコイン利息分配経済学",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ステーブルコイン利息分配経済学",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "fintech/stablecoin-crossborder-b2b-growth",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/usd-stablecoin-interchange",
        "fintech/world-liberty-usd1-political-stablecoin",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-channel-japan-sbi-jpyc-ring",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin",
        "https://finwiki.zksc.io/payment-firms/jpyc"
      ],
      "markdown_links": [],
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      "entity_edges": [],
      "nonspace_chars": 2378,
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/stablecoin-war-articles-2026-05.md",
      "url": "https://finwiki.zksc.io/fintech/stablecoin-war-articles-2026-05",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stablecoin-war-articles-2026-05.md",
      "title": "ステーブルコイン戦争シリーズ · publication-grade 長文 23 篇（2026-05）",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "ステーブルコイン戦争シリーズ · publication-grade 長文 23 篇（2026-05）",
        "Wiki route",
        "Key facts",
        "Mechanism / シリーズ構造",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/2022-three-variable-cascade-thesis",
        "fintech/INDEX",
        "fintech/central-banking-function-unbundling",
        "fintech/four-motive-classes-asymmetric-competition",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/gray-market-dollar-network-formalization",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/2022-three-variable-cascade-thesis",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/four-motive-classes-asymmetric-competition",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/gray-market-dollar-network-formalization",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/state-charter-crypto-arbitrage-2025.md",
      "url": "https://finwiki.zksc.io/fintech/state-charter-crypto-arbitrage-2025",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/state-charter-crypto-arbitrage-2025.md",
      "title": "State-Chartered Crypto Arbitrage · 2025 US Federal vs State Race",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "US crypto firms in 2025-2026 face a four-way regulatory arbitrage: the federal OCC trust bank charter path (Bridge/Stripe pioneered), state-chartered Wyoming SPDI (Custodia, Kraken Financial), Nevada digital asset bank charter (2023-launched, slower uptake), and New York BitLicense (exodus accelerat",
      "headings": [
        "State-Chartered Crypto Arbitrage · 2025 US Federal vs State Race",
        "TL;DR",
        "Wiki route",
        "The four arbitrage paths — comparison",
        "Wyoming SPDI — the speed leader",
        "Custodia Bank — the test case",
        "Kraken Financial — the operational case",
        "Two Ocean Trust and others",
        "Nevada — the second-mover digital asset bank charter",
        "New York BitLicense exit pressure"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/jurisdiction-list-monetary-protectionism",
        "fintech/national-license-private-stablecoin-with-dpi-export",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/regulatory-window-strategic-acquisition"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/jurisdiction-list-monetary-protectionism",
        "https://finwiki.zksc.io/fintech/national-license-private-stablecoin-with-dpi-export",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18225,
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/stripe-usdb-bridge-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/stripe-usdb-bridge-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/stripe-usdb-bridge-stablecoin.md",
      "title": "Stripe USDB · Bridge 買収後の決済会社ステーブルコイン · Tempo L1 + Agent 決済キャリア",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with Circle USDC and PayPal PYUSD for the payment-company-branded stablecoin trio, and with Stripe 5 層 Trojan Horse for the L3 position of USDB in Stripe's vertical stack.",
      "headings": [
        "Stripe USDB · Bridge 買収後の決済会社ステーブルコイン · Tempo L1 + Agent 決済キャリア",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/ap2-overview",
        "agent-economy/coinbase-cdp-developer-platform",
        "agent-economy/privy-embedded-wallet-overview",
        "agent-economy/visa-mastercard-agentic-commerce-pilots",
        "agent-economy/x402-http-payment-overview",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/circle-usdc-stablecoin",
        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/ripple-rlusd-stablecoin",
        "systems/bft-validator-economy-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/ap2-overview",
        "https://finwiki.zksc.io/agent-economy/coinbase-cdp-developer-platform",
        "https://finwiki.zksc.io/agent-economy/privy-embedded-wallet-overview",
        "https://finwiki.zksc.io/agent-economy/visa-mastercard-agentic-commerce-pilots",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-stripe-trojan-horse",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 5374,
      "word_like_tokens": 908,
      "last_modified": "2026-06-24"
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    {
      "source_path": "fintech/tether-business-model-short-treasury-yield.md",
      "url": "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/tether-business-model-short-treasury-yield.md",
      "title": "Tether (USDT) のビジネスモデル = ユーザー資金で短期米国債を買って金利を直接利益化、年間 1.5 兆円・40 人体制",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Tether (USDT) のビジネスモデル = ユーザー資金で短期米国債を買って金利を直接利益化、年間 1.5 兆円・40 人体制",
        "Wiki route",
        "Conclusion",
        "Reasoning",
        "Applicable When",
        "Source",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-revenue-split-economics",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/payment-firms/jpyc"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "fintech/tether-usat-anchorage.md",
      "url": "https://finwiki.zksc.io/fintech/tether-usat-anchorage",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/tether-usat-anchorage.md",
      "title": "Tether USAT · Anchorage 提携の米国コンプライアンスブランチ · USDT 国際/国内デュアルライン分離",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with Tether USDT 経済学 for the parent product whose bifurcation USAT represents, and with GENIUS Act §501 for the U.S. regulatory framework that forced Tether to design a separate U.S.-compliant entity.",
      "headings": [
        "Tether USAT · Anchorage 提携の米国コンプライアンスブランチ · USDT 国際/国内デュアルライン分離",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/chain-level-ofac-freeze-precedent",
        "fintech/circle-usdc-stablecoin",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-reset-2025-usa-crypto-policy",
        "fintech/stripe-usdb-bridge-stablecoin",
        "fintech/tether-business-model-short-treasury-yield"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/chain-level-ofac-freeze-precedent",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-reset-2025-usa-crypto-policy",
        "https://finwiki.zksc.io/fintech/stripe-usdb-bridge-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield"
      ],
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    {
      "source_path": "fintech/three-circles-mra-2030-economic-scale.md",
      "url": "https://finwiki.zksc.io/fintech/three-circles-mra-2030-economic-scale",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/three-circles-mra-2030-economic-scale.md",
      "title": "三円 MRA 経済量化 · $130B コンプライアンスサークル vs $384B グレーサークル共存モデル",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "三円 MRA 経済量化 · $130B コンプライアンスサークル vs $384B グレーサークル共存モデル",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/em-market-crypto-dollarization-pattern",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-cross-border-implications",
        "fintech/mica-overview",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/three-circles-stablecoin-mra-framework",
        "payment-firms/jpyc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/em-market-crypto-dollarization-pattern",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/payment-firms/jpyc"
      ],
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      "url": "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/three-circles-stablecoin-mra-framework.md",
      "title": "米 / 欧 / 日「三大円」ステーブルコイングローバルコンプライアンスアーキテクチャ",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "米 / 欧 / 日「三大円」ステーブルコイングローバルコンプライアンスアーキテクチャ",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/carf-1099da-end-of-crypto-anonymity",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/india-anti-dollar-dpi-alliance",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/mica-overview",
        "fintech/stablecoin-chain-sovereign-currency-divide",
        "megabanks/mufg",
        "payment-firms/jpyc",
        "payment-firms/progmat"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/carf-1099da-end-of-crypto-anonymity",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/india-anti-dollar-dpi-alliance",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-sovereign-currency-divide",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/progmat"
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    {
      "source_path": "fintech/tokenized-deposit-cumulative-volume-scale.md",
      "url": "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/tokenized-deposit-cumulative-volume-scale.md",
      "title": "トークン化預金累計取引規模パターン · Kinexys $1.5T を銀行預金トークンセクターのアンカーとして",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "トークン化預金累計取引規模パターン · Kinexys $1.5T を銀行預金トークンセクターのアンカーとして",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cosmos-ibc-for-financial-institutions",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/stablecoin-revenue-split-economics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics"
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    {
      "source_path": "fintech/tokenized-mmf-issuer-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/fintech/tokenized-mmf-issuer-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/tokenized-mmf-issuer-comparison-matrix.md",
      "title": "Tokenized MMF issuer comparison matrix — BUIDL, BENJI, ACRED, WTGXX, USYC, USTB, OUSG",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the eight-way side-by-side comparison matrix for tokenized money-market and yield-bearing RWA fund issuers. It complements the per-issuer deep dives at BlackRock BUIDL, Franklin BENJI / FOBXX, Apollo ACRED, WisdomTree WTGXX + Hashnote USYC, and Ondo OUSG / USDY",
      "headings": [
        "Tokenized MMF issuer comparison matrix — BUIDL, BENJI, ACRED, WTGXX, USYC, USTB, OUSG",
        "Wiki route",
        "Why an eight-way comparison",
        "Matrix A · Issuer, NAV, AUM, inception",
        "Matrix B · Regulatory wrapper",
        "Matrix C · Underlying, settlement chains, transfer agent, custodian",
        "Matrix D · Distribution channel and target investor",
        "Matrix E · On-chain composability and DeFi integration",
        "Matrix F · Yield mechanism and economics",
        "Matrix G · GENIUS Act §501 compliance status"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/apollo-acred-private-credit-tokenization\\",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/blackrock-buidl-tokenized-mmf-overview\\",
        "fintech/circle-usdc-stablecoin",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/franklin-templeton-stablecoin-migration",
        "fintech/franklin-templeton-stablecoin-migration\\",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "fintech/ondo-finance-rusdy-adoption",
        "fintech/ondo-finance-rusdy-adoption\\",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/three-circles-stablecoin-mra-framework\\",
        "fintech/tokenized-mmf-wisdomtree-hashnote"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/franklin-templeton-stablecoin-migration",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/ondo-finance-rusdy-adoption",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/tokenized-mmf-wisdomtree-hashnote"
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      "url": "https://finwiki.zksc.io/fintech/tokenized-mmf-wisdomtree-hashnote",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/tokenized-mmf-wisdomtree-hashnote.md",
      "title": "Tokenized MMF 拡張 · WisdomTree WTGXX × Hashnote USYC · BUIDL 以外の第二梯団マトリックス",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with BlackRock BUIDL（leader 第一梯団）and Franklin BENJI / Apollo ACRED for the full tokenized-MMF and tokenized-RWA matrix, and with 準備金相互ロックフライホイール for the systemic role tokenized MMF plays as stablecoin yield infrastructure.",
      "headings": [
        "Tokenized MMF 拡張 · WisdomTree WTGXX × Hashnote USYC · BUIDL 以外の第二梯団マトリックス",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/apollo-acred-private-credit-tokenization",
        "fintech/blackrock-buidl-sc-issuer-adoption",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/circle-usdc-stablecoin",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/franklin-templeton-stablecoin-migration",
        "fintech/frax-frxusd-defi-stablecoin",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/ondo-finance-rusdy-adoption",
        "fintech/portfolio-winner-structure-arm-analog",
        "fintech/sky-usds-decentralized-stablecoin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-sc-issuer-adoption",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/franklin-templeton-stablecoin-migration",
        "https://finwiki.zksc.io/fintech/frax-frxusd-defi-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/ondo-finance-rusdy-adoption",
        "https://finwiki.zksc.io/fintech/portfolio-winner-structure-arm-analog",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5882,
      "word_like_tokens": 988,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/treasury-stablecoin-policy-2025.md",
      "url": "https://finwiki.zksc.io/fintech/treasury-stablecoin-policy-2025",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/treasury-stablecoin-policy-2025.md",
      "title": "Treasury 2025 Stablecoin Policy Framework · PWG Recommendations and Dual-Track Charters",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Treasury's 2025 stablecoin policy framework operationalizes the GENIUS Act through three coordinated streams: (1) the President's Working Group on Digital Asset Markets (PWG-DAM) — re-chartered under EO 14178 — published recommendations on issuer eligibility, reserve composition, redemption guarante",
      "headings": [
        "Treasury 2025 Stablecoin Policy Framework · PWG Recommendations and Dual-Track Charters",
        "TL;DR",
        "Wiki route",
        "Why this entry exists",
        "The President's Working Group on Digital Asset Markets",
        "Composition and chair",
        "Initial recommendations (delivered 2025-Q3)",
        "Federal-state dual-track architecture",
        "Reserve composition · T-bill requirement and rationale",
        "Permitted-reserve-asset comparison · GENIUS vs MiCA vs Japan EPI"
      ],
      "wikilinks": [
        "business/larry-fink-blackrock-digital-asset-template",
        "exchanges/us-crypto-licensing-multi-layer-system",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/cftc-sec-crypto-jurisdiction",
        "fintech/circular-reserve-asset-flywheel-overview",
        "fintech/circular-reserve-asset-flywheel-risk-cases",
        "fintech/genius-act-501-actual-implementation",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/mica-cross-border-implications",
        "fintech/mica-overview",
        "fintech/occ-bank-charter-crypto-2025",
        "fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-reset-2025-usa-crypto-policy",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/three-circles-mra-2030-economic-scale",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/exchanges/us-crypto-licensing-multi-layer-system",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cftc-sec-crypto-jurisdiction",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-overview",
        "https://finwiki.zksc.io/fintech/circular-reserve-asset-flywheel-risk-cases",
        "https://finwiki.zksc.io/fintech/genius-act-501-actual-implementation",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/mica-cross-border-implications",
        "https://finwiki.zksc.io/fintech/mica-overview",
        "https://finwiki.zksc.io/fintech/occ-bank-charter-crypto-2025",
        "https://finwiki.zksc.io/fintech/occ-trust-bank-charter-federal-stablecoin-arbitrage",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-reset-2025-usa-crypto-policy",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/three-circles-mra-2030-economic-scale",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 19344,
      "word_like_tokens": 3047,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/usd-stablecoin-interchange.md",
      "url": "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/usd-stablecoin-interchange.md",
      "title": "USD ステーブルコイン互換市場",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it against 日本金融規制 — トークン・暗号資産・決済に関する法体系 for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "USD ステーブルコイン互換市場",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-crypto-bank-credit-facilities",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/circle-usdc-stablecoin",
        "fintech/dual-currency-stablecoin-arbitrage-overview",
        "fintech/japan-ecisb-license",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/stablecoin-crossborder-b2b-growth"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-crypto-bank-credit-facilities",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/dual-currency-stablecoin-arbitrage-overview",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-crossborder-b2b-growth"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2246,
      "word_like_tokens": 366,
      "last_modified": "2026-05-26"
    },
    {
      "source_path": "fintech/usd-stablecoin-issuer-eight-way-matrix.md",
      "url": "https://finwiki.zksc.io/fintech/usd-stablecoin-issuer-eight-way-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/usd-stablecoin-issuer-eight-way-matrix.md",
      "title": "USD stablecoin issuer ten-way comparison matrix — USDT / USDC / PYUSD / RLUSD / USD1 / FDUSD / USDS / USDe / M / USDB",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the cross-issuer side-by-side comparison matrix for the ten most-cited USD-denominated stablecoin products and issuers in the 2026-Q2 dataset. It complements the per-issuer deep dives at Tether USDT, Circle USDC, PayPal PYUSD, Ripple RLUSD, World Liberty USD1,",
      "headings": [
        "USD stablecoin issuer ten-way comparison matrix — USDT / USDC / PYUSD / RLUSD / USD1 / FDUSD / USDS / USDe / M / USDB",
        "Wiki route",
        "Why a ten-way comparison",
        "Matrix A · Supply, market cap, inception",
        "Matrix B · Reserves model",
        "Matrix C · Regulatory home and licensure",
        "Matrix D · Custodian and audit firm",
        "Matrix E · Transfer mechanism (mint/burn vs swap vs hybrid)",
        "Matrix F · Yield distribution and economics",
        "Matrix G · Chain coverage"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/circle-usdc-stablecoin",
        "fintech/circle-usdc-stablecoin\\",
        "fintech/first-digital-fdusd-hk-stablecoin",
        "fintech/first-digital-fdusd-hk-stablecoin\\",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "fintech/issuer-distributor-incentive-realignment-50-50-model",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/m-network-m0-neutral-infrastructure",
        "fintech/m-network-m0-neutral-infrastructure\\",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/paypal-pyusd-stablecoin\\",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/ripple-rlusd-stablecoin\\",
        "fintech/sky-usds-decentralized-stablecoin",
        "fintech/sky-usds-decentralized-stablecoin\\",
        "fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "fintech/stablecoin-revenue-split-economics",
        "fintech/stripe-usdb-bridge-stablecoin",
        "fintech/stripe-usdb-bridge-stablecoin\\",
        "fintech/tether-business-model-short-treasury-yield",
        "fintech/tether-business-model-short-treasury-yield\\",
        "fintech/tether-usat-anchorage",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/world-liberty-usd1-political-stablecoin",
        "fintech/world-liberty-usd1-political-stablecoin\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/first-digital-fdusd-hk-stablecoin",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-50-50-model",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/m-network-m0-neutral-infrastructure",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/sky-usds-decentralized-stablecoin",
        "https://finwiki.zksc.io/fintech/stablecoin-issuer-2025-2026-market-consolidation",
        "https://finwiki.zksc.io/fintech/stablecoin-revenue-split-economics",
        "https://finwiki.zksc.io/fintech/stripe-usdb-bridge-stablecoin",
        "https://finwiki.zksc.io/fintech/tether-business-model-short-treasury-yield",
        "https://finwiki.zksc.io/fintech/tether-usat-anchorage",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 24331,
      "word_like_tokens": 3886,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "fintech/wall-street-crypto-network-neutrality.md",
      "url": "https://finwiki.zksc.io/fintech/wall-street-crypto-network-neutrality",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/wall-street-crypto-network-neutrality.md",
      "title": "Wall Street 暗号資産ネットワーク中立投資戦略",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "Wall Street 暗号資産ネットワーク中立投資戦略",
        "Wiki route",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/privy-aws-agentcore-default-wallet",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/protocol-hedge-strategy-stripe-pattern",
        "fintech/stablecoin-chain-token-strategy-trilemma"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/privy-aws-agentcore-default-wallet",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/issuer-distributor-incentive-realignment-arc-strategy",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/protocol-hedge-strategy-stripe-pattern",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2584,
      "word_like_tokens": 383,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "fintech/wholesale-settlement-network-matrix.md",
      "url": "https://finwiki.zksc.io/fintech/wholesale-settlement-network-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/wholesale-settlement-network-matrix.md",
      "title": "Wholesale settlement network comparison matrix — Fnality / Partior / JPM Kinexys / mBridge / Agorá / Mariana",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index as the six-way side-by-side comparison matrix for the most-cited wholesale settlement networks. It complements the per-network deep dives at Fnality fnPS, Partior, JPM Onyx / Kinexys, mBridge, and BIS Project Agorá. For the governance pattern see 多大银行联邦治理; for the",
      "headings": [
        "Wholesale settlement network comparison matrix — Fnality / Partior / JPM Kinexys / mBridge / Agorá / Mariana",
        "Wiki route",
        "Why a six-way comparison",
        "Matrix A · Settlement asset and finality",
        "Matrix B · Consortium membership",
        "Matrix C · Currencies live (2026-05)",
        "Matrix D · Daily volume and cumulative scale",
        "Matrix E · Regulatory status and central-bank backing",
        "Matrix F · Technology stack",
        "Matrix G · Cross-border PvP / DvP capability"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-overview\\",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/blackrock-buidl-tokenized-mmf-overview\\",
        "fintech/cbdc-multi-tier-architecture-overview",
        "fintech/central-banking-function-unbundling",
        "fintech/circle-usdc-stablecoin",
        "fintech/fnality-wholesale-settlement",
        "fintech/fnality-wholesale-settlement\\",
        "fintech/institutional-stablecoin-deposit-token-thesis",
        "fintech/jpm-onyx-wholesale-network",
        "fintech/jpm-onyx-wholesale-network\\",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/mbridge-bis-multi-cbdc-overview",
        "fintech/mbridge-bis-multi-cbdc-overview\\",
        "fintech/multi-megabank-consortium-governance",
        "fintech/partior-jpm-dbs-temasek-consortium",
        "fintech/partior-jpm-dbs-temasek-consortium\\",
        "fintech/three-circles-stablecoin-mra-framework",
        "fintech/tokenized-deposit-cumulative-volume-scale"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/cbdc-multi-tier-architecture-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/fnality-wholesale-settlement",
        "https://finwiki.zksc.io/fintech/institutional-stablecoin-deposit-token-thesis",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/mbridge-bis-multi-cbdc-overview",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/fintech/partior-jpm-dbs-temasek-consortium",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework",
        "https://finwiki.zksc.io/fintech/tokenized-deposit-cumulative-volume-scale"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20579,
      "word_like_tokens": 3251,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "fintech/world-liberty-usd1-political-stablecoin.md",
      "url": "https://finwiki.zksc.io/fintech/world-liberty-usd1-political-stablecoin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/fintech/world-liberty-usd1-political-stablecoin.md",
      "title": "WLF USD1 · 政治背景ステーブルコイン · 大統領家関連 vs §501 中立性の緊張関係",
      "domain": "fintech",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under fintech index. Read it with 日本金融規制 — トークン・暗号資産・決済に関する法体系 for adjacent context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system boundary.",
      "headings": [
        "WLF USD1 · 政治背景ステーブルコイン · 大統領家関連 vs §501 中立性の緊張関係",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/paypal-pyusd-stablecoin",
        "fintech/regulatory-window-strategic-acquisition",
        "fintech/ripple-rlusd-stablecoin",
        "fintech/three-circles-stablecoin-mra-framework"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/paypal-pyusd-stablecoin",
        "https://finwiki.zksc.io/fintech/regulatory-window-strategic-acquisition",
        "https://finwiki.zksc.io/fintech/ripple-rlusd-stablecoin",
        "https://finwiki.zksc.io/fintech/three-circles-stablecoin-mra-framework"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2970,
      "word_like_tokens": 507,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "foreign-financial-institutions/INDEX.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/INDEX.md",
      "title": "foreign-financial-institutions — Foreign banks & securities/AM in Japan index",
      "domain": "foreign-financial-institutions",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "foreign-financial-institutions/ contains 57 entries (excluding INDEX, 58 total with the registry page) covering foreign banks' Japan branches and subsidiaries and foreign securities / asset-management houses operating in Japan — Tokyo branches of overseas commercial banks, foreign investment banks,",
      "headings": [
        "foreign-financial-institutions — Foreign banks & securities/AM in Japan index",
        "Overview",
        "Registry of record",
        "Members",
        "International central securities depositories (ICSD) (2)",
        "Foreign institutions — North America (3)",
        "Foreign institutions — Europe / UK (8)",
        "Foreign institutions — Greater China / Taiwan (15)",
        "Foreign institutions — Korea (5)",
        "Foreign institutions — Southeast Asia / South Asia (11)"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-licenses/INDEX",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/banco-do-brasil-japan",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/bank-negara-indonesia-japan",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/commonwealth-bank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/icbc-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/metrobank-japan",
        "foreign-financial-institutions/national-australia-bank-japan",
        "foreign-financial-institutions/national-bank-of-pakistan-japan",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/philippine-national-bank-japan",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/taipei-fubon-bank-japan",
        "foreign-financial-institutions/taishin-bank-japan",
        "foreign-financial-institutions/taiwan-business-bank-japan",
        "foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "foreign-financial-institutions/ubaf-japan",
        "foreign-financial-institutions/ubs-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "foreign-financial-institutions/wells-fargo-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/banco-do-brasil-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-negara-indonesia-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commonwealth-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-australia-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-bank-of-pakistan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubaf-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6180,
      "word_like_tokens": 811,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "foreign-financial-institutions/agricultural-bank-of-china-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/agricultural-bank-of-china-japan.md",
      "title": "中国農業銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 中国工商銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中国農業銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/icbc-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2562,
      "word_like_tokens": 392,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/banco-do-brasil-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/banco-do-brasil-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/banco-do-brasil-japan.md",
      "title": "ブラジル銀行日本 (Banco do Brasil Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Banco do Brasil Japan sits under foreign-financial-institutions INDEX and is the Brazil-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with funds-transfer registry, foreign-bank branch route, foreign-bank agency route, and cross-border finance.",
      "headings": [
        "ブラジル銀行日本 (Banco do Brasil Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/metrobank-japan",
        "foreign-financial-institutions/philippine-national-bank-japan",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payments/funds-transfer-service-providers-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4600,
      "word_like_tokens": 721,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/bangkok-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bangkok-bank-japan.md",
      "title": "バンコック銀行日本 (Bangkok Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Bangkok Bank Japan is the Thailand corridor page inside the foreign-bank branch registry. Read it with DBS Japan, OCBC Japan, UOB Japan, and foreign-bank branch license route.",
      "headings": [
        "バンコック銀行日本 (Bangkok Bank Japan)",
        "Wiki route",
        "Overview",
        "Japan-Thailand Corridor Map",
        "ASEAN Peer Context",
        "What To Extract In Research",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/uob-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4650,
      "word_like_tokens": 701,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/bank-negara-indonesia-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-negara-indonesia-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-negara-indonesia-japan.md",
      "title": "バンクネガラインドネシア日本 (Bank Negara Indonesia Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Bank Negara Indonesia Japan is the Indonesia-Japan corridor route in the foreign-bank branch registry. Read it with Bangkok Bank Japan, DBS Japan, UOB Japan, and payments domain for remittance context.",
      "headings": [
        "バンクネガラインドネシア日本 (Bank Negara Indonesia Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "payments/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/payments/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3888,
      "word_like_tokens": 611,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/bank-of-america-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-of-america-japan.md",
      "title": "バンク・オブ・アメリカ日本 (Bank of America Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against ソシエテ・ジェネラル日本 (Societe Generale Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "バンク・オブ・アメリカ日本 (Bank of America Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "finance/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/wells-fargo-japan",
        "securities-firms/goldman-sachs-japan",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
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        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities/INDEX"
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    {
      "source_path": "foreign-financial-institutions/bank-of-china-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-of-china-japan.md",
      "title": "中國銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 中国工商銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中國銀行 東京支店",
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        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
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        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/icbc-japan",
        "regional-banks/chugoku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 2484,
      "word_like_tokens": 395,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/bank-of-communications-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-of-communications-japan.md",
      "title": "交通銀行東京支店 (Bank of Communications Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page upgrades the Bank of Communications row in foreign-bank branch registry into a China-Japan corporate banking route. Read it with Bank of China Japan, ICBC Japan, China Construction Bank Japan, and Agricultural Bank of China Japan.",
      "headings": [
        "交通銀行東京支店 (Bank of Communications Japan)",
        "Wiki route",
        "Overview",
        "China-Japan Corridor Role",
        "Mainland China Bank Peer Map",
        "Registry / License Boundary",
        "Research Checklist",
        "Caveats",
        "Related",
        "Sources"
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        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/icbc-japan",
        "payments/INDEX",
        "payments/account-to-account-payment-japan"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan"
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      "source_path": "foreign-financial-institutions/bank-of-india-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-of-india-japan.md",
      "title": "バンク・オブ・インディア日本 (Bank of India Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Bank of India Japan is the India-corridor peer to State Bank of India Japan inside the foreign-bank branch registry. Use this page for India-Japan trade finance, remittance, forex, loans, syndication, and branch-history context.",
      "headings": [
        "バンク・オブ・インディア日本 (Bank of India Japan)",
        "Wiki route",
        "Overview",
        "Branch / Corridor Snapshot",
        "Corridor Functions",
        "Peer / Contrast",
        "Research Checklist",
        "Caveats",
        "Related",
        "Sources"
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        "INDEX",
        "banking/INDEX",
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        "financial-licenses/foreign-bank-branch-license-route",
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        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payments/account-to-account-payment-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan"
      ],
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    {
      "source_path": "foreign-financial-institutions/bank-of-taiwan-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bank-of-taiwan-japan.md",
      "title": "台湾銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 兆豐國際商業銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "台湾銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "regional-banks/chugoku-bank"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank"
      ],
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      "nonspace_chars": 2144,
      "word_like_tokens": 340,
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    {
      "source_path": "foreign-financial-institutions/barclays-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/barclays-japan.md",
      "title": "バークレイズ日本 (Barclays Japan)",
      "domain": "foreign-financial-institutions",
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      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "バークレイズ日本 (Barclays Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要日本法人",
        "バークレイズ証券（実体情報）^[extracted]",
        "日本拠点の位置づけ",
        "2. 沿革・重要年表",
        "3. 事業セグメント・マップ",
        "親会社の戦略文脈"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/ubs-japan",
        "megabanks/mufg",
        "securities-firms/daiwa-sg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "trust-banks/sumitomo-mitsui-trust"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
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      "nonspace_chars": 6277,
      "word_like_tokens": 985,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/bbva-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bbva-bank-japan.md",
      "title": "ビルバオ・ビスカヤ・アルヘンタリア銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ビルバオ・ビスカヤ・アルヘンタリア銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan"
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan"
      ],
      "markdown_links": [],
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    {
      "source_path": "foreign-financial-institutions/bnp-paribas-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bnp-paribas-japan.md",
      "title": "BNP パリバ日本 (BNP Paribas Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "BNP パリバ日本 (BNP Paribas Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要在日法人",
        "重要年表",
        "親会社の規模感（連結ベース、参考）",
        "2. 事業セグメント・マップ",
        "在日ポジショニング",
        "デジタル戦略"
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      "wikilinks": [
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        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/hsbc-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "securities-firms/daiwa-sg",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
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      "entity_node": {
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        "scope": "japan_branch",
        "status": "anchor"
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      "word_like_tokens": 1199,
      "last_modified": "2026-06-22"
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    {
      "source_path": "foreign-financial-institutions/bny-mellon-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/bny-mellon-japan.md",
      "title": "BNY メロン日本 (BNY Mellon Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 日本マスタートラスト信託銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
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        "1. 会社概要",
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        "3. 事業セグメント・マップ",
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        "主要競合",
        "5. 監督・規制"
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        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/trust-companies-japan-index"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5217,
      "word_like_tokens": 758,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "foreign-financial-institutions/chang-hwa-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/chang-hwa-bank-japan.md",
      "title": "彰化商業銀行日本 (Chang Hwa Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Chang Hwa Bank Japan sits under foreign-financial-institutions INDEX and is a Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with First Commercial Bank Japan, Bank of Taiwan Japan, Mega ICBC Japan, and foreign-bank Japan retreat.",
      "headings": [
        "彰化商業銀行日本 (Chang Hwa Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/foreign-bank-japan-retreat",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/taishin-bank-japan",
        "foreign-financial-institutions/taiwan-business-bank-japan",
        "foreign-financial-institutions/taiwan-cooperative-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-cooperative-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4123,
      "word_like_tokens": 647,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/china-construction-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/china-construction-bank-japan.md",
      "title": "中国建設銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 中国工商銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中国建設銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/icbc-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2422,
      "word_like_tokens": 374,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/citigroup-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/citigroup-japan.md",
      "title": "シティグループ・ジャパン (Citigroup Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against HSBC ジャパン (HSBC Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "シティグループ・ジャパン (Citigroup Japan)",
        "Wiki route",
        "1. 会社概要",
        "日本の主要法人（公開情報ベース）",
        "2. 沿革（年表抜粋）",
        "3. 事業セグメント・マップ",
        "日本でのポジショニング",
        "主要競合",
        "グローバル戦略との接続",
        "5. 監督・規制"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/hsbc-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/smbc-nikko",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
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      "word_like_tokens": 673,
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    },
    {
      "source_path": "foreign-financial-institutions/clearstream-banking-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/clearstream-banking-japan.md",
      "title": "クリアストリーム・バンキング日本 (Clearstream Banking Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This page promotes the Clearstream row in the foreign-bank branch registry into a standalone ICSD route. Read it with Euroclear Bank Japan, market infrastructure map, trust-bank custody map, and foreign financial group adjacent-license route.",
      "headings": [
        "クリアストリーム・バンキング日本 (Clearstream Banking Japan)",
        "Wiki route",
        "Overview",
        "Why It Is Not Registry-only",
        "Function Stack",
        "Comparison With Euroclear",
        "JapanFG Relevance",
        "Research Checklist",
        "Caveats",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/japan-trust-bank-custody-map",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/japan-securities-finance",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-street-japan",
        "securities/INDEX",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 6614,
      "word_like_tokens": 962,
      "last_modified": "2026-06-06"
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    {
      "source_path": "foreign-financial-institutions/commerzbank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/commerzbank-japan.md",
      "title": "コメルツ銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "コメルツ銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 2852,
      "word_like_tokens": 424,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/commonwealth-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/commonwealth-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/commonwealth-bank-japan.md",
      "title": "オーストラリア・コモンウェルス銀行日本 (Commonwealth Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Commonwealth Bank Japan sits under foreign-financial-institutions INDEX and is a foreign-bank branch route inside the Japan foreign-bank branch registry. Read it with ANZ Bank Japan, National Australia Bank Japan, foreign-bank branch licensing, and cross-border finance.",
      "headings": [
        "オーストラリア・コモンウェルス銀行日本 (Commonwealth Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity / License Boundary",
        "Business Role Map",
        "Peer / Contrast Map",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/foreign-bank-japan-retreat",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/national-australia-bank-japan",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "securities-firms/anz-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-australia-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 4659,
      "word_like_tokens": 699,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/credit-agricole-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/credit-agricole-bank-japan.md",
      "title": "クレディ・アグリコル銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against ナティクシス 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "クレディ・アグリコル銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/socgen-japan",
        "life-insurers/credit-agricole-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3009,
      "word_like_tokens": 472,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/ctbc-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/ctbc-bank-japan.md",
      "title": "中國信託商業銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 兆豐國際商業銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中國信託商業銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "regional-banks/sbj-bank",
        "regional-banks/tokyo-star-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/regional-banks/sbj-bank",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4385,
      "word_like_tokens": 692,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "foreign-financial-institutions/dbs-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/dbs-bank-japan.md",
      "title": "DBS銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "DBS銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "banking/foreign-bank-japan-retreat",
        "financial-licenses/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/uob-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2236,
      "word_like_tokens": 363,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/deutsche-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/deutsche-japan.md",
      "title": "ドイチェ・ジャパン (Deutsche Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ドイチェ・ジャパン (Deutsche Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要日本拠点",
        "旧法人（縮小・閉鎖済）",
        "2. 沿革・年表",
        "3. 事業セグメント・マップ",
        "集中領域",
        "競合マッピング"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/ubs-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4814,
      "word_like_tokens": 756,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "foreign-financial-institutions/esun-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/esun-bank-japan.md",
      "title": "玉山銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 兆豐國際商業銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "玉山銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2176,
      "word_like_tokens": 348,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/euroclear-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/euroclear-bank-japan.md",
      "title": "ユーロクリア・バンク日本 (Euroclear Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX and upgrades the Euroclear row in foreign-bank branch registry from registry-only to a standalone ICSD / collateral route. Read it with Clearstream Banking Japan, Japan market infrastructure map, and JGB repo market.",
      "headings": [
        "ユーロクリア・バンク日本 (Euroclear Bank Japan)",
        "Wiki route",
        "Overview",
        "Why It Is Not Registry-only",
        "Function Stack",
        "Japan Asset Route",
        "Peer / Contrast Map",
        "Research Checklist",
        "Caveats",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "financial-regulators/japan-securities-finance",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-street-japan",
        "money-market/jgb-repo-market-japan",
        "securities/japan-market-infrastructure-map",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center",
        "securities/japan-stock-lending-market-route"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/japan-stock-lending-market-route"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 6908,
      "word_like_tokens": 1042,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/first-commercial-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/first-commercial-bank-japan.md",
      "title": "第一商業銀行日本 (First Commercial Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "First Commercial Bank Japan sits under foreign-financial-institutions INDEX and is a Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with Bank of Taiwan Japan, Mega ICBC Japan, CTBC Bank Japan, E.SUN Bank Japan, and Taipei Fubon Bank Japan.",
      "headings": [
        "第一商業銀行日本 (First Commercial Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/taipei-fubon-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4152,
      "word_like_tokens": 622,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/foreign-bank-branches-japan-index.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/foreign-bank-branches-japan-index.md",
      "title": "Foreign bank branches in Japan registry index",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 中国工商銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "Foreign bank branches in Japan registry index",
        "Wiki route",
        "Overview",
        "Coverage summary",
        "Jurisdiction summary",
        "Registry rows",
        "Standalone-page policy",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-regulators/missing-financial-institutions-backlog",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/banco-do-brasil-japan",
        "foreign-financial-institutions/bangkok-bank-japan",
        "foreign-financial-institutions/bank-negara-indonesia-japan",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/bank-of-communications-japan",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/china-construction-bank-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/clearstream-banking-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/commonwealth-bank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/euroclear-bank-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/icbc-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/mega-icbc-japan",
        "foreign-financial-institutions/metrobank-japan",
        "foreign-financial-institutions/national-australia-bank-japan",
        "foreign-financial-institutions/national-bank-of-pakistan-japan",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/ocbc-bank-japan",
        "foreign-financial-institutions/philippine-national-bank-japan",
        "foreign-financial-institutions/rbc-japan",
        "foreign-financial-institutions/socgen-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/taipei-fubon-bank-japan",
        "foreign-financial-institutions/taishin-bank-japan",
        "foreign-financial-institutions/taiwan-business-bank-japan",
        "foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "foreign-financial-institutions/ubaf-japan",
        "foreign-financial-institutions/ubs-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "foreign-financial-institutions/wells-fargo-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "securities-firms/anz-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/banco-do-brasil-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bangkok-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-negara-indonesia-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-communications-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/clearstream-banking-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commonwealth-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/euroclear-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-australia-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/national-bank-of-pakistan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-cooperative-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubaf-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan"
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      "markdown_links": [],
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    },
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      "url": "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/hana-bank-japan.md",
      "title": "ハナ銀行 在日支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against ウリィ銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ハナ銀行 在日支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "regional-banks/sbj-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/regional-banks/sbj-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 386,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/hsbc-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/hsbc-japan.md",
      "title": "HSBC ジャパン (HSBC Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "HSBC ジャパン (HSBC Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要法人",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "アジア ハブ戦略",
        "リテール撤退の戦略インパクト",
        "競合関係"
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      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
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        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/sbi-shinsei-bank"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
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    {
      "source_path": "foreign-financial-institutions/icbc-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/icbc-japan.md",
      "title": "中国工商銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 中国建設銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中国工商銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/agricultural-bank-of-china-japan",
        "foreign-financial-institutions/bank-of-china-japan",
        "foreign-financial-institutions/china-construction-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/agricultural-bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-china-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/china-construction-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2476,
      "word_like_tokens": 409,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/industrial-bank-of-korea-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/industrial-bank-of-korea-japan.md",
      "title": "中小企業銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "中小企業銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
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      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-licenses/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "regional-banks/sbj-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/regional-banks/sbj-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2362,
      "word_like_tokens": 384,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/ing-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/ing-bank-japan.md",
      "title": "アイエヌジーバンク エヌ・ヴイ 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "アイエヌジーバンク エヌ・ヴイ 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/intesa-sanpaolo-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2722,
      "word_like_tokens": 426,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/intesa-sanpaolo-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/intesa-sanpaolo-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/intesa-sanpaolo-japan.md",
      "title": "インテーザ・サンパオロ 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "インテーザ・サンパオロ 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bbva-bank-japan",
        "foreign-financial-institutions/commerzbank-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/ing-bank-japan",
        "foreign-financial-institutions/natixis-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bbva-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/commerzbank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ing-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 3168,
      "word_like_tokens": 488,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/jpmorgan-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/jpmorgan-japan.md",
      "title": "JP モルガン日本 (JPMorgan Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "JP モルガン日本 (JPMorgan Japan)",
        "Wiki route",
        "TL;DR",
        "1. 親会社・グローバル構造",
        "日本主要法人体制（4 軸）^[extracted]",
        "戦前・戦後再進出",
        "2000 年合弁構想（実現せず）",
        "2008-2009 金融危機後の米国最大化",
        "2014 年以降：国際 M&A アドバイザリー",
        "2020-2024：機関投資家サービス・FX・固定収益で日本シェア拡大"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/ubs-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan"
      ],
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      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
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      "last_modified": "2026-06-22"
    },
    {
      "source_path": "foreign-financial-institutions/kb-kookmin-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/kb-kookmin-bank-japan.md",
      "title": "國民銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against ウリィ銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "國民銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "regional-banks/sbj-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/regional-banks/sbj-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2249,
      "word_like_tokens": 361,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/korea-development-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/korea-development-bank-japan.md",
      "title": "韓国産業銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against Woori Bank Tokyo for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "韓国産業銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
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      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/kb-kookmin-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 390,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/mega-icbc-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/mega-icbc-japan.md",
      "title": "兆豐國際商業銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against 玉山銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "兆豐國際商業銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/icbc-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/icbc-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 372,
      "last_modified": "2026-06-08"
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    {
      "source_path": "foreign-financial-institutions/metrobank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/metrobank-japan.md",
      "title": "メトロポリタン銀行日本 (Metrobank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Metrobank Japan sits under foreign-financial-institutions INDEX and is a Philippines-Japan corridor page in the foreign-bank branch registry. Read it with Philippine National Bank Japan, funds-transfer registry, foreign-bank agency route, and settlement-risk controls.",
      "headings": [
        "メトロポリタン銀行日本 (Metrobank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
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      "wikilinks": [
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        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/philippine-national-bank-japan",
        "payment-firms/sbi-remit",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/psp-merchant-settlement-risk"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4460,
      "word_like_tokens": 660,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/national-australia-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/national-australia-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/national-australia-bank-japan.md",
      "title": "ナショナルオーストラリア銀行日本 (National Australia Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "National Australia Bank Japan sits under foreign-financial-institutions INDEX and is an Australia-Japan wholesale bank route in the foreign-bank branch registry. Read it with Commonwealth Bank Japan, ANZ Bank Japan, foreign financial group adjacent licenses, and FIEA operator registry.",
      "headings": [
        "ナショナルオーストラリア銀行日本 (National Australia Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity / License Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/commonwealth-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "securities-firms/anz-bank-japan",
        "securities/financial-instruments-business-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/commonwealth-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4637,
      "word_like_tokens": 693,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/national-bank-of-pakistan-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/national-bank-of-pakistan-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/national-bank-of-pakistan-japan.md",
      "title": "パキスタン・ナショナル銀行日本 (National Bank of Pakistan Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "National Bank of Pakistan Japan sits under foreign-financial-institutions INDEX and is a foreign-bank branch route in the foreign-bank branch registry. Read it with State Bank of India Japan for South Asia corridor comparison, funds-transfer registry for remittance context, and banking index.",
      "headings": [
        "パキスタン・ナショナル銀行日本 (National Bank of Pakistan Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "payments/INDEX",
        "payments/account-to-account-payment-japan",
        "payments/funds-transfer-service-providers-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3885,
      "word_like_tokens": 608,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/natixis-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/natixis-japan.md",
      "title": "ナティクシス 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ナティクシス 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/socgen-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2797,
      "word_like_tokens": 427,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/ocbc-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/ocbc-bank-japan.md",
      "title": "オーバーシー・チャイニーズ銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "オーバーシー・チャイニーズ銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-licenses/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/uob-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2506,
      "word_like_tokens": 399,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/philippine-national-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/philippine-national-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/philippine-national-bank-japan.md",
      "title": "フィリピン・ナショナル・バンク日本 (Philippine National Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Philippine National Bank Japan is a Philippines-Japan corridor bank page inside the foreign-bank branch registry. Read it with Metrobank Japan, funds-transfer registry, account-to-account payment, and foreign-bank branch route.",
      "headings": [
        "フィリピン・ナショナル・バンク日本 (Philippine National Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/metrobank-japan",
        "payment-firms/sbi-remit",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payments/INDEX",
        "payments/account-to-account-payment-japan",
        "payments/funds-transfer-service-providers-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/metrobank-japan",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4144,
      "word_like_tokens": 629,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/rbc-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/rbc-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/rbc-japan.md",
      "title": "カナダロイヤル銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against クレディ・アグリコル銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "カナダロイヤル銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/wells-fargo-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2784,
      "word_like_tokens": 429,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/socgen-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/socgen-japan.md",
      "title": "ソシエテ・ジェネラル日本 (Societe Generale Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against バンク・オブ・アメリカ日本 (Bank of America Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ソシエテ・ジェネラル日本 (Societe Generale Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3450,
      "word_like_tokens": 462,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/standard-chartered-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/standard-chartered-japan.md",
      "title": "スタンダード・チャータード銀行 東京支店 (Standard Chartered Bank Tokyo)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against BNY メロン日本 (BNY Mellon Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "スタンダード・チャータード銀行 東京支店 (Standard Chartered Bank Tokyo)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ・ポジション（親会社）",
        "主要法人（日本関連）",
        "2. 沿革",
        "3. 事業セグメント・マップ（日本拠点）",
        "親会社 PLC のユニーク・ポジション",
        "日本での競争・棲み分け"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/hsbc-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4415,
      "word_like_tokens": 638,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/state-bank-of-india-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/state-bank-of-india-japan.md",
      "title": "インドステイト銀行日本 (State Bank of India Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "State Bank of India Japan is the main India-Japan banking-corridor page in the foreign-bank branch registry. Read it with Bank of India Japan, JBIC, cross-border M&A Japan, and foreign-bank agency route.",
      "headings": [
        "インドステイト銀行日本 (State Bank of India Japan)",
        "Wiki route",
        "Overview",
        "Disambiguation",
        "India-Japan Corridor Role",
        "Peer Map",
        "Research Checklist",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "finance/INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-regulators/jbic",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-india-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/state-bank-of-india-japan",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sbi-hd",
        "megabanks/sumitomo-mitsui-banking-corp",
        "regional-banks/sbi-shinsei-bank",
        "securities-firms/sbi-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-india-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-bank-of-india-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/sbi-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4861,
      "word_like_tokens": 770,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/state-street-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/state-street-japan.md",
      "title": "ステート・ストリート (State Street Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against BNY メロン日本 (BNY Mellon Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ステート・ストリート (State Street Japan)",
        "Wiki route",
        "1. 会社概要",
        "グローバル財務（2025〜2026Q1 期）",
        "日本の主要法人（公開情報ベース）",
        "2. 沿革（年表抜粋）",
        "3. 事業セグメント・マップ",
        "日本でのポジショニング",
        "主要競合",
        "グローバル戦略との接続"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/barclays-japan",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/deutsche-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities-firms/daiwa-sg",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/barclays-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/deutsche-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6417,
      "word_like_tokens": 1002,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "foreign-financial-institutions/taipei-fubon-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/taipei-fubon-bank-japan.md",
      "title": "台北富邦商業銀行日本 (Taipei Fubon Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Taipei Fubon Bank Japan sits under foreign-financial-institutions INDEX and is a current Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with First Commercial Bank Japan, E.SUN Bank Japan, CTBC Bank Japan, Bank of Taiwan Japan, and cross-border finance.",
      "headings": [
        "台北富邦商業銀行日本 (Taipei Fubon Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/mega-icbc-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/mega-icbc-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4482,
      "word_like_tokens": 704,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/taishin-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/taishin-bank-japan.md",
      "title": "台新國際商業銀行日本 (Taishin Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Taishin Bank Japan sits under foreign-financial-institutions INDEX and is a Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with Taipei Fubon Bank Japan, E.SUN Bank Japan, Chang Hwa Bank Japan, and banking index.",
      "headings": [
        "台新國際商業銀行日本 (Taishin Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-taiwan-japan",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/ctbc-bank-japan",
        "foreign-financial-institutions/esun-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/taipei-fubon-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-taiwan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ctbc-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/esun-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3770,
      "word_like_tokens": 568,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/taiwan-business-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/taiwan-business-bank-japan.md",
      "title": "台湾中小企業銀行日本 (Taiwan Business Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Taiwan Business Bank Japan sits under foreign-financial-institutions INDEX and is a Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with Industrial Bank of Korea Japan for SME-bank comparison, Chang Hwa Bank Japan for Taiwan peer context, and banking index for the",
      "headings": [
        "台湾中小企業銀行日本 (Taiwan Business Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/industrial-bank-of-korea-japan",
        "foreign-financial-institutions/taishin-bank-japan",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taishin-bank-japan",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5949,
      "word_like_tokens": 973,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "foreign-financial-institutions/taiwan-cooperative-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-cooperative-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/taiwan-cooperative-bank-japan.md",
      "title": "合作金庫商業銀行日本 (Taiwan Cooperative Bank Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Taiwan Cooperative Bank Japan sits under foreign-financial-institutions INDEX and is a Taiwan-Japan foreign-bank branch route in the foreign-bank branch registry. Read it with Chang Hwa Bank Japan, First Commercial Bank Japan, Taiwan Business Bank Japan, and banking index.",
      "headings": [
        "合作金庫商業銀行日本 (Taiwan Cooperative Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/chang-hwa-bank-japan",
        "foreign-financial-institutions/first-commercial-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/taipei-fubon-bank-japan",
        "foreign-financial-institutions/taiwan-business-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/chang-hwa-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/first-commercial-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/taipei-fubon-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/taiwan-business-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3968,
      "word_like_tokens": 603,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/ubaf-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/ubaf-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/ubaf-japan.md",
      "title": "ユバフーアラブ・フランス連合銀行日本 (UBAF Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "UBAF Japan sits under foreign-financial-institutions INDEX and is a France-linked foreign-bank branch route in the foreign-bank branch registry. Read it with Credit Agricole Bank Japan, BNP Paribas Japan, Natixis Japan, and banking index.",
      "headings": [
        "ユバフーアラブ・フランス連合銀行日本 (UBAF Japan)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-branch-license-route",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/credit-agricole-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/natixis-japan",
        "foreign-financial-institutions/socgen-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/credit-agricole-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/natixis-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/socgen-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3813,
      "word_like_tokens": 598,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/ubs-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/ubs-japan.md",
      "title": "UBS ジャパン (UBS Japan)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "UBS ジャパン (UBS Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 合併歴史・前身",
        "3. 事業セグメント・マップ",
        "グローバル戦略",
        "日本戦略",
        "提携・買収戦略",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/citigroup-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3838,
      "word_like_tokens": 689,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "foreign-financial-institutions/uob-bank-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/uob-bank-japan.md",
      "title": "ユナイテッド・オーバーシーズ銀行 東京支店",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against DBS銀行 東京支店 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ユナイテッド・オーバーシーズ銀行 東京支店",
        "Wiki route",
        "TL;DR",
        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/ocbc-bank-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ocbc-bank-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2574,
      "word_like_tokens": 415,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "foreign-financial-institutions/wells-fargo-japan.md",
      "url": "https://finwiki.zksc.io/foreign-financial-institutions/wells-fargo-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/wells-fargo-japan.md",
      "title": "ウェルズ・ファーゴ銀行 東京支店 (Wells Fargo Bank, N.A., Tokyo Branch)",
      "domain": "foreign-financial-institutions",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under foreign-financial-institutions INDEX. Read it against バンク・オブ・アメリカ日本 (Bank of America Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ウェルズ・ファーゴ銀行 東京支店 (Wells Fargo Bank, N.A., Tokyo Branch)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "親会社 Wells Fargo & Company 概況 ^[extracted]",
        "主要事業ライン（親会社）^[extracted]",
        "2. 事業セグメント・マップ（東京支店）",
        "親会社・米国 Wells Fargo 沿革 ^[extracted]",
        "親会社全体戦略",
        "日本における戦略ポジショニング"
      ],
      "wikilinks": [
        "banking/INDEX",
        "foreign-financial-institutions/INDEX",
        "foreign-financial-institutions/bank-of-america-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bank-of-america-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
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    {
      "source_path": "foreign-financial-institutions/woori-bank-japan.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/foreign-financial-institutions/woori-bank-japan.md",
      "title": "ウリィ銀行 東京支店",
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        "1. License / branch boundary",
        "2. Operating model",
        "3. Why this page matters",
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        "Sources"
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      "wikilinks": [
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        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/INDEX",
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        "foreign-financial-institutions/industrial-bank-of-korea-japan",
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        "https://finwiki.zksc.io/foreign-financial-institutions/industrial-bank-of-korea-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/kb-kookmin-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/regional-banks/sbj-bank"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/frontmatter-canonical-anchor-field-proposal.md",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This proposal sits at FinWiki root next to SCHEMA and INDEX. Read it together with cross-domain anchor convention for the prose rules it would formalize, with mirror-page policy for the case that motivates the field, and with domain bridge navigation guide for the reader-side benefit.",
      "headings": [
        "Frontmatter canonical_anchor Field · 提议 / Proposal",
        "Wiki route",
        "1. Motivation",
        "2. The proposed field",
        "Example: mirror pair",
        "Example: cross-product split (JPM family)",
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        "Pros",
        "Cons",
        "Net assessment"
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      "wikilinks": [
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        "fintech/jpm-onyx-wholesale-network",
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        "leasing-firms/toyota-financial",
        "manufacturer-finance/toyota-financial-services",
        "non-life-insurers/saison-automobile-fire-insurance",
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        "wiki-link-improvement-plan"
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      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/CHANGELOG",
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/SCHEMA",
        "https://finwiki.zksc.io/business/jamie-dimon-anti-crypto-pivot-case",
        "https://finwiki.zksc.io/cross-domain-anchor-convention",
        "https://finwiki.zksc.io/domain-bridge-navigation-guide",
        "https://finwiki.zksc.io/entity-mirror-page-policy",
        "https://finwiki.zksc.io/fintech/circle-usdc-stablecoin",
        "https://finwiki.zksc.io/fintech/jpm-onyx-wholesale-network",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/topic-cluster-reference",
        "https://finwiki.zksc.io/wiki-link-improvement-plan"
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    {
      "source_path": "insurance/INDEX.md",
      "url": "https://finwiki.zksc.io/insurance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/INDEX.md",
      "title": "Insurance domain",
      "domain": "insurance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes insurance-specific concept pages for FinWiki: solvency / ESR, life-insurance distribution, mutual-company governance, internet life insurance, life-insurance big-four comparison, non-life big-three comparison, public-private earthquake insurance, agency / brokerage distribution, n",
      "headings": [
        "Insurance domain",
        "Overview",
        "Start Here",
        "JapanFG Anchors",
        "Research Control",
        "Backlog",
        "Wave 5-6 additions (2026-05)",
        "Comparison matrices (added 2026-05)",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "fintech/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-insurance-system-overview",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-non-life-underwriting-cycle",
        "insurance/japan-nonlife-big-three",
        "insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "insurance/life-insurance-channel-mix",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "insurance/saison-automobile-fire",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/aflac-japan",
        "life-insurers/asahi-life",
        "life-insurers/axa-japan",
        "life-insurers/cardif-life",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/dai-ichi-neo-life",
        "life-insurers/daido-life",
        "life-insurers/fukoku-life",
        "life-insurers/fukokushinrai-life",
        "life-insurers/fwd-life-japan",
        "life-insurers/gibraltar-life",
        "life-insurers/hanasaku-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/medicare-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/meiji-yasuda-trust-life",
        "life-insurers/metlife-japan",
        "life-insurers/midori-life",
        "life-insurers/ms-primary-life",
        "life-insurers/nanairo-life",
        "life-insurers/nippon-life",
        "life-insurers/nissay-wealth-life",
        "life-insurers/nn-life-japan",
        "life-insurers/orix-life",
        "life-insurers/pgf-life",
        "life-insurers/rakuten-life",
        "life-insurers/sbi-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "life-insurers/taiju-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-financial-life",
        "life-insurers/td-hd",
        "life-insurers/tokio-marine-nichido-life",
        "life-insurers/zurich-life",
        "megabanks/sbi-hd",
        "megabanks/sony-fg",
        "non-life-insurers/aig-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/american-home-insurance-japan",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/capital-insurance",
        "non-life-insurers/cardif-nonlife",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/hyundai-marine-fire-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/ji-accident-fire-insurance",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/meiji-yasuda-general-insurance",
        "non-life-insurers/mitsui-direct",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/nisshin-fire",
        "non-life-insurers/ntt-docomo-sompo-hd",
        "non-life-insurers/ntt-docomo-sonpo",
        "non-life-insurers/pet-and-family-insurance",
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        "non-life-insurers/rakuten-insurance-hd",
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        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/secom-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire",
        "non-life-insurers/yamap-naturance-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance",
        "payment-firms/rakuten-fg",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/fintech/INDEX",
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        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-insurance-system-overview",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-non-life-underwriting-cycle",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/cardif-life",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/fukokushinrai-life",
        "https://finwiki.zksc.io/life-insurers/fwd-life-japan",
        "https://finwiki.zksc.io/life-insurers/gibraltar-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/medicare-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda-trust-life",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/midori-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/nanairo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/nissay-wealth-life",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/pgf-life",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/life-insurers/taiju-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/life-insurers/zurich-life",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/american-home-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 1655,
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    },
    {
      "source_path": "insurance/bancassurance-economics-japan.md",
      "url": "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/bancassurance-economics-japan.md",
      "title": "Bancassurance economics in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Bancassurance (銀行窓販 / \"ginkō-madohan\") in Japan is the bank-channel sale of life and annuity insurance products to bank deposit customers, structurally enabled by phased FSA deregulation that culminated in the full deregulation of December 2007 lifting the last product-line restrictions. The channel",
      "headings": [
        "Bancassurance economics in Japan",
        "TL;DR",
        "Wiki route",
        "Deregulation history",
        "Product mix: what actually sells through bank counters",
        "Channel economics: commission split",
        "Megabank-insurer affiliations",
        "Anti-pressure-sales rules",
        "Comparison with other distribution channels",
        "ALM and ESR consequence"
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      "wikilinks": [
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        "asset-managers/asset-management-one",
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        "banking/regional-bank-tier-structure",
        "cooperative-banks/norinchukin",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/fsa",
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        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/kampo-japan-post-insurance",
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        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/sumitomo-life",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/smbc",
        "non-life-insurers/tokio-marine-holdings",
        "regional-banks/japan-post-bank"
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        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
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        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/ja-kyosai-zenkyoren-overview",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/captive-insurance-japan-market.md",
      "url": "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/captive-insurance-japan-market.md",
      "title": "Captive insurance market in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A captive insurance company is an insurer wholly owned by its policyholder — typically a large industrial group — formed to retain the group's own risk on its own balance sheet instead of paying premium to a commercial insurer. Captives are a standard part of corporate risk financing at large Japane",
      "headings": [
        "Captive insurance market in Japan",
        "TL;DR",
        "Wiki route",
        "1. What a captive is, and why corporates form one",
        "Why a Japanese group forms a captive",
        "2. The Japan onshore captive licence gap",
        "3. Known and inferred Japanese-group captives",
        "4. Fronting and the Japan-located-risk problem",
        "5. Tax treatment in Japan",
        "6. Alternative risk transfer (ART) — the wider toolkit"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/japan-pi-club",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-nonlife-big-three",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nonlife-insurer-registry-japan-index",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
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    },
    {
      "source_path": "insurance/cooperative-insurance-system-japan.md",
      "url": "https://finwiki.zksc.io/insurance/cooperative-insurance-system-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/cooperative-insurance-system-japan.md",
      "title": "Cooperative insurance (kyosai) system in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japanese 共済 (kyosai / \"cooperative mutual aid\") sector is a parallel insurance industry of cooperative-form underwriters operating outside the FSA-supervised Insurance Business Act perimeter. The four largest sub-sectors are JA共済 (Zenkyoren) — the agricultural cooperative federation, 全労済 (Zenros",
      "headings": [
        "Cooperative insurance (kyosai) system in Japan",
        "TL;DR",
        "Wiki route",
        "What \"kyosai\" means",
        "The four large sub-sectors",
        "JA共済 (Zenkyoren)",
        "全労済 / こくみん共済 coop (Zenrosai)",
        "県民共済 (Kenmin Kyosai)",
        "COOP共済 (CO・OP共済)",
        "Other notable kyosai"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/coop-kyosai",
        "JapanFG/japan-coop",
        "JapanFG/kenmin-kyosai",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/fsa",
        "insurance/INDEX",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/ja-kyosai-zenkyoren-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/zenrosai"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/ja-kyosai-zenkyoren-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/zenrosai"
      ],
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    {
      "source_path": "insurance/earthquake-insurance-public-private-scheme.md",
      "url": "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/earthquake-insurance-public-private-scheme.md",
      "title": "Japan earthquake insurance public-private scheme",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese household earthquake insurance is not a normal private non-life product. It is a public-private scheme involving private non-life insurers, Japan Earthquake Reinsurance, and the Japanese government. It is normally attached to household fire insurance and is designed for residential building",
      "headings": [
        "Japan earthquake insurance public-private scheme",
        "Overview",
        "Scheme Map",
        "Product Boundary",
        "Reinsurance Mechanics",
        "Difference From Nat-Cat Reinsurance",
        "Scheme Effects",
        "Source Fields",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "insurance/INDEX",
        "insurance/japan-nonlife-big-three",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/economic-value-based-solvency.md",
      "url": "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/economic-value-based-solvency.md",
      "title": "Economic value-based solvency regulation",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's economic value-based solvency regime is the insurance-capital framework that looks through the accounting balance sheet and evaluates assets, liabilities, capital, and risk on a more market-consistent economic basis. FSA frames the regime around three pillars: solvency regulation, insurer ri",
      "headings": [
        "Economic value-based solvency regulation",
        "TL;DR",
        "Regime Map",
        "JapanFG Relevance",
        "Decision Use",
        "Boundary",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/esr-economic-value-solvency",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
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    },
    {
      "source_path": "insurance/esr-economic-value-solvency.md",
      "url": "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/esr-economic-value-solvency.md",
      "title": "ESR (Economic Solvency Ratio)",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index. Read it against Economic value-based solvency regulation for peer / contrast context and insurance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "ESR (Economic Solvency Ratio)",
        "Wiki route",
        "TL;DR",
        "Reading Rule",
        "JapanFG Relevance",
        "Analytical Uses",
        "Cautions",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/foreign-life-affiliate-japan-positioning.md",
      "url": "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/foreign-life-affiliate-japan-positioning.md",
      "title": "Foreign life-insurance affiliates in Japan positioning",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index and is the routing page for foreign-parent life insurers operating in Japan. Read it together with Japan life big four for the domestic-mutual / listed-stock contrast, with Sony Life Lifeplanner / group-life operating model for a Japan-headquartered Lifeplanner-",
      "headings": [
        "Foreign life-insurance affiliates in Japan positioning",
        "Wiki route",
        "TL;DR",
        "AFLAC Japan — cancer insurance dominance",
        "MetLife Japan — multi-channel mass-affluent and foreign-currency",
        "Manulife Japan — multi-channel with Asian-parent strategic context",
        "Prudential Japan / Gibraltar Life — Lifeplanner channel benchmark",
        "AXA, Zurich, Allianz, AIA — European and pan-Asian challenger positions",
        "Capital structure and parent-group repatriation",
        "FSA approach to foreign IAIG perimeter"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/life-insurance-channel-mix",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/gibraltar-life",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/prudential-japan",
        "life-insurers/sony-life",
        "megabanks/sony-fg",
        "non-life-insurers/zurich-japan"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/gibraltar-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/zurich-japan"
      ],
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    {
      "source_path": "insurance/foreign-reinsurer-japan-landscape.md",
      "url": "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/foreign-reinsurer-japan-landscape.md",
      "title": "Foreign reinsurer Japan landscape",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's reinsurance market combines two domestic specialists (Toa Re and Japan Earthquake Reinsurance) with a panel of seven foreign reinsurer branches operating under the FSA's 外国損害保険会社等 license category for non-life and the equivalent 外国生命保険会社等 category for life. The foreign panel — Munich Re, Swi",
      "headings": [
        "Foreign reinsurer Japan landscape",
        "TL;DR",
        "Wiki route",
        "1. Regulatory boundary: 再保険 license vs branch",
        "2. The panel: who is here",
        "3. Cession patterns: proportional vs non-proportional",
        "Proportional (quota share, surplus)",
        "Non-proportional (excess of loss, stop loss, cat XL)",
        "Cession-shape summary",
        "4. Capacity by line of business"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/japan-pi-club",
        "insurance/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/aflac-japan",
        "life-insurers/pacific-life-re-japan",
        "life-insurers/rga-japan",
        "non-life-insurers/gen-re-japan",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nonlife-insurer-registry-japan-index",
        "non-life-insurers/scor-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/pacific-life-re-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/gen-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
        "https://finwiki.zksc.io/non-life-insurers/scor-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10100,
      "word_like_tokens": 1614,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/global-solvency-framework-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/global-solvency-framework-comparison-matrix.md",
      "title": "Global solvency framework comparison matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index and is the cross-jurisdiction comparison page for insurer capital frameworks. Read it against insurance/economic-value-based-solvency and insurance/esr-economic-value-solvency for the Japan-specific economic-value detail, against financial-licenses/insurance-lic",
      "headings": [
        "Global solvency framework comparison matrix",
        "Wiki route",
        "TL;DR",
        "Framework matrix",
        "Identity and effective date",
        "Philosophy and valuation",
        "Capital structure",
        "Risk modules",
        "Disclosure and supervision",
        "Convergence and divergence vs IAIS ICS"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/dai-ichi-life",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14258,
      "word_like_tokens": 2305,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/insurance-agency-and-brokerage-japan.md",
      "url": "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/insurance-agency-and-brokerage-japan.md",
      "title": "Japan insurance agency and brokerage",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Insurance distribution in Japan is mapped by authority and responsibility. An insurer, an insurance agent / solicitor, an insurance broker, a bank counter, a retailer, a platform app, and a comparison site can all touch the customer journey, but they do not carry the same legal role.",
      "headings": [
        "Japan insurance agency and brokerage",
        "Overview",
        "Distribution Role Map",
        "Agency Versus Brokerage",
        "Channel Economics",
        "Why This Matters For FinWiki",
        "Source Fields",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "fintech/INDEX",
        "insurance/INDEX",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/life-insurance-channel-mix",
        "insurance/saison-automobile-fire",
        "life-insurers/lifenet",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-nichido-fire",
        "payments/INDEX",
        "retail/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/retail/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6147,
      "word_like_tokens": 904,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/internet-life-insurance-business-model.md",
      "url": "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/internet-life-insurance-business-model.md",
      "title": "Internet life insurance business model",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index. Read it against Life insurance channel mix for peer / contrast context and insurance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "Internet life insurance business model",
        "Wiki route",
        "TL;DR",
        "Model Components",
        "JapanFG Relevance",
        "Economic Thesis",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/nippon-life",
        "life-insurers/orix-life",
        "life-insurers/sumitomo-life",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3719,
      "word_like_tokens": 566,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/ja-kyosai-zenkyoren-overview.md",
      "url": "https://finwiki.zksc.io/insurance/ja-kyosai-zenkyoren-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/ja-kyosai-zenkyoren-overview.md",
      "title": "JA Kyosai / Zenkyoren overview",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "non-life-insurers/ja-kyosairen",
      "summary": "JA共済 / 全共連 (Zenkyoren — 全国共済農業協同組合連合会) is the federated cooperative insurance underwriter of Japan's agricultural cooperative (JA / 農協) movement, and by reserve / asset scale is the largest non-FSA-supervised insurance entity in Japan. It writes a full kyosai (共済) product line — life-equivalent (who",
      "headings": [
        "JA Kyosai / Zenkyoren overview",
        "TL;DR",
        "Wiki route",
        "What Zenkyoren is and is not",
        "Product perimeter",
        "Scale and balance sheet",
        "Regulator: MAFF, not FSA",
        "Distribution: JA channel",
        "Comparison with FSA life big-four",
        "Decision use"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/japanese-government-bonds",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/fsa",
        "insurance/INDEX",
        "insurance/cooperative-insurance-system-japan",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/nippon-life",
        "non-life-insurers/ja-kyosairen"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/cooperative-insurance-system-japan",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13381,
      "word_like_tokens": 2117,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "insurance/japan-bancassurance-distribution-overlay-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/japan-bancassurance-distribution-overlay-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-bancassurance-distribution-overlay-matrix.md",
      "title": "Japan bancassurance distribution overlay matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese bancassurance (銀行窓販 / 窓販) was liberalised in three stages between 2001 and 2007 and now sits as the dominant channel for foreign-currency annuity, foreign-currency single-premium savings, level-premium foreign-currency whole-life with medical rider, and yen single-premium savings. The overl",
      "headings": [
        "Japan bancassurance distribution overlay matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "MUFG channel — multi-shelf with selected exclusives",
        "SMBC channel — large foreign-currency annuity shelf with SMBC Trust Bank private banking",
        "Mizuho channel — multi-shelf with Asset Management One overlap",
        "Resona / Saitama Resona channel — retail-bancassurance specialty",
        "Japan Post Bank channel — Kampo Life + Aflac cancer + curated foreign-currency shelf",
        "SBI Shinsei Bank channel — SBI Life integration"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/asset-management-one",
        "asset-managers/mufg-asset-management",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-medical-insurance-rider-product-matrix",
        "insurance/kampo-japan-post-insurance",
        "insurance/life-insurance-channel-mix",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "life-insurers/ms-primary-life",
        "life-insurers/prudential-japan",
        "life-insurers/sbi-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "life-insurers/tokio-marine-nichido-life",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/nippon-post",
        "megabanks/resona-bank",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank",
        "megabanks/sbi-hd",
        "megabanks/sony-fg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "non-life-insurers/msad",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/sony-insurance",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/japan-post-bank",
        "regional-banks/kita-nippon-bank",
        "regional-banks/minami-nippon-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/sony-bank",
        "securities-firms/sbi-securities",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-medical-insurance-rider-product-matrix",
        "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/saitama-resona-bank",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/regional-banks/kita-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/minami-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [
        "https://www.boj.or.jp/en/statistics/index.htm",
        "https://www.dai-ichi-frontier.co.jp/",
        "https://www.fsa.go.jp/en/news/index.html",
        "https://www.fsa.go.jp/en/regulated/",
        "https://www.jp-bank.japanpost.jp/en/index.html",
        "https://www.manulife.co.jp/",
        "https://www.mizuho-fg.com/index.html",
        "https://www.mufg.jp/english/",
        "https://www.prudential.co.jp/",
        "https://www.resona-gr.co.jp/english/",
        "https://www.seiho.or.jp/english/about/companies/",
        "https://www.smfg.co.jp/english/",
        "https://www.zenginkyo.or.jp/en/"
      ],
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    {
      "source_path": "insurance/japan-iaig-ics-mapping.md",
      "url": "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-iaig-ics-mapping.md",
      "title": "Japan IAIG and ICS mapping",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index and is the routing page for the intersection of IAIS Internationally Active Insurance Group designation and Insurance Capital Standard reporting for Japan-headquartered groups. Read it together with global solvency framework matrix for the regime comparison, wit",
      "headings": [
        "Japan IAIG and ICS mapping",
        "Wiki route",
        "TL;DR",
        "IAIG designation criteria",
        "Japan-headquartered IAIG perimeter",
        "Non-life side",
        "Life side",
        "ICS 2.0 reporting timeline",
        "FSA group-wide supervisor role",
        "ICS vs ESR — the dual-framework architecture"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "megabanks/sony-fg",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
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        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
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    {
      "source_path": "insurance/japan-insurance-system-overview.md",
      "url": "https://finwiki.zksc.io/insurance/japan-insurance-system-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-insurance-system-overview.md",
      "title": "Japan insurance system overview",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's insurance system spans five major segments: life insurance (生命保険), non-life insurance (損害保険), mutual aid / kyosai (共済), reinsurance (再保険), and the public-private earthquake-insurance scheme (地震保険). Insurers operate under the Insurance Business Act (保険業法), supervised by the Financial Services",
      "headings": [
        "Japan insurance system overview",
        "TL;DR",
        "Wiki route",
        "1. Life insurance (生命保険)",
        "2. Non-life insurance (損害保険)",
        "3. Mutual aid / Kyosai (共済)",
        "4. Reinsurance (再保険)",
        "5. Earthquake-insurance public-private scheme",
        "Regulatory Framework",
        "Market Participants"
      ],
      "wikilinks": [
        "INDEX",
        "derivatives/japan-interest-rate-derivatives-overview",
        "financial-regulators/japan-pi-club",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/captive-insurance-japan-market",
        "insurance/cooperative-insurance-system-japan",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/ja-kyosai-zenkyoren-overview",
        "insurance/japan-bancassurance-distribution-overlay-matrix",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-medical-insurance-rider-product-matrix",
        "insurance/japan-non-life-underwriting-cycle",
        "insurance/japan-nonlife-big-three",
        "insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "insurance/kampo-japan-post-insurance",
        "insurance/life-insurance-channel-mix",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/medical-cancer-insurance-product-economics",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "insurance/saison-automobile-fire",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/aflac-japan",
        "life-insurers/aia-life-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/nippon-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/aig-japan",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/cooperative-insurance-system-japan",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/ja-kyosai-zenkyoren-overview",
        "https://finwiki.zksc.io/insurance/japan-bancassurance-distribution-overlay-matrix",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-medical-insurance-rider-product-matrix",
        "https://finwiki.zksc.io/insurance/japan-non-life-underwriting-cycle",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/aia-life-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
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      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix.md",
      "title": "Japan kyosai vs FSA insurance perimeter matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan runs two parallel risk-pooling perimeters that look similar at the customer-facing product level but sit under completely different regulators, supervisory laws, capital regimes, tax codes, and distribution constraints. The FSA-regulated commercial insurance perimeter, governed by the Insuranc",
      "headings": [
        "Japan kyosai vs FSA insurance perimeter matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "FSA commercial insurance perimeter — Insurance Business Act core",
        "Kyosai perimeter — cooperative laws and sector regulators",
        "Tax, surplus, and capital treatment",
        "Big comparison matrix table",
        "Regulator, law, and licence",
        "Membership / access gate"
      ],
      "wikilinks": [
        "FSA",
        "INDEX",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/cooperative-insurance-system-japan",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/ja-kyosai-zenkyoren-overview",
        "insurance/japan-bancassurance-distribution-overlay-matrix",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-medical-insurance-rider-product-matrix",
        "insurance/japan-nonlife-big-three",
        "insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "insurance/kampo-japan-post-insurance",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/medical-cancer-insurance-product-economics",
        "insurance/saison-automobile-fire",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/ms-primary-life",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sbi-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/msad",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/cooperative-insurance-system-japan",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/ja-kyosai-zenkyoren-overview",
        "https://finwiki.zksc.io/insurance/japan-bancassurance-distribution-overlay-matrix",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-medical-insurance-rider-product-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
        "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [
        "https://coopkyosai.coop/",
        "https://elaws.e-gov.go.jp/document?lawid=340AC0000000033",
        "https://www.fsa.go.jp/en/regulated/",
        "https://www.fsa.go.jp/policy/economic_value-based_solvency/index.html",
        "https://www.ja-kyosai.or.jp/",
        "https://www.kyosai-cc.or.jp/",
        "https://www.maff.go.jp/j/keiei/sosiki/kyosoka/k_kyousai/",
        "https://www.mhlw.go.jp/stf/seisakunitsuite/bunya/0000050991.html",
        "https://www.nta.go.jp/taxes/shiraberu/taxanswer/shotoku/1140.htm",
        "https://www.seiho.or.jp/english/about/companies/",
        "https://www.sonpo.or.jp/about/gaiyo/",
        "https://www.zenrosai.coop/"
      ],
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      "last_modified": "2026-06-08"
    },
    {
      "source_path": "insurance/japan-life-big-four-overlay-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-life-big-four-overlay-comparison-matrix.md",
      "title": "Japan life big-four overlay comparison matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The \"Japan life big four\" — Nippon Life, Dai-ichi Life, Sumitomo Life, and Meiji Yasuda — share long-duration, yen-denominated savings and protection franchises but differ structurally on five axes that matter for analysis: corporate form (three mutuals plus one listed holdco), ESR composition, fore",
      "headings": [
        "Japan life big-four overlay comparison matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Nippon Life — mutual scale and asset-management gravity",
        "Dai-ichi Life Holdings — listed reference case",
        "Sumitomo Life and Meiji Yasuda — mutual peers with diverging strategy tilts",
        "Foreign-bond, ALM, and channel overlays",
        "Big comparison matrix table",
        "Identity, form, and group structure"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/japanese-government-bonds",
        "JapanFG/mufg-life-japan",
        "asset-managers/asset-management-one",
        "asset-managers/nissay-asset-management",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/life-insurance-channel-mix",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/asahi-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/daido-life",
        "life-insurers/fukoku-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/metlife-japan",
        "life-insurers/neo-first-life",
        "life-insurers/nippon-life",
        "life-insurers/prudential-life-japan",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/aig-life-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/asset-managers/nissay-asset-management",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 33652,
      "word_like_tokens": 5241,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/japan-life-insurance-alm-overview.md",
      "url": "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-life-insurance-alm-overview.md",
      "title": "Japan life insurance ALM overview",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index and is the asset-liability management routing page for Japanese life insurers. Read it together with Japan life big four for the entities, with Sony Life Lifeplanner / group-life operating model for the stock-company variant, with economic-value-based solvency f",
      "headings": [
        "Japan life insurance ALM overview",
        "Wiki route",
        "TL;DR",
        "Duration",
        "Crediting rate and guarantee structure",
        "Yen government bonds (JGB)",
        "Foreign bonds, hedged",
        "Foreign bonds, unhedged",
        "Cross-currency basis (CCS basis)",
        "Credit-asset substitution post-2013 NIRP"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15740,
      "word_like_tokens": 2499,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/japan-life-insurance-big-four.md",
      "url": "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-life-insurance-big-four.md",
      "title": "Japan life insurance big four",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "\"Japan life insurance big four\" is a market shorthand, not a formal FSA category. It usually refers to Nippon Life, Dai-ichi Life, Meiji Yasuda, and Sumitomo Life. Public comparison fields include legal form, channel architecture, product mix, overseas expansion, capital disclosure, and policyholder",
      "headings": [
        "Japan life insurance big four",
        "Overview",
        "Comparison Snapshot",
        "Legal Form",
        "Channel Architecture",
        "Product / Balance-Sheet Lens",
        "Company Notes",
        "Nippon Life",
        "Dai-ichi Life",
        "Meiji Yasuda"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/life-insurance-channel-mix",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6874,
      "word_like_tokens": 997,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/japan-medical-insurance-rider-product-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/japan-medical-insurance-rider-product-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-medical-insurance-rider-product-matrix.md",
      "title": "Japan medical insurance rider product matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese medical insurance is a specialty franchise within the broader life-insurance industry, with one foreign affiliate (Aflac Japan) historically holding roughly 70% of the new cancer-insurance market, several other foreign affiliates (AIA Japan, Manulife Japan, Prudential Japan) running large m",
      "headings": [
        "Japan medical insurance rider product matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Aflac Japan — cancer-specific dominance and modern medical menu",
        "AIA Japan — multi-line protection franchise",
        "Tokio Marine Anshin lineage — non-life big-3 life affiliate",
        "Sompo Himawari Life — non-life big-3 life affiliate",
        "Mitsui Sumitomo Aioi Life — MS&AD life affiliate",
        "Foreign affiliates beyond Aflac and AIA — Manulife, Prudential, MetLife, AXA"
      ],
      "wikilinks": [
        "INDEX",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-bancassurance-distribution-overlay-matrix",
        "insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/kampo-japan-post-insurance",
        "insurance/life-insurance-channel-mix",
        "insurance/medical-cancer-insurance-product-economics",
        "insurance/sony-life-group-life-operating-model",
        "life-insurers/aflac-japan",
        "life-insurers/aia-life-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "life-insurers/ms-primary-life",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sbi-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "life-insurers/tokio-marine-nichido-life",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-bancassurance-distribution-overlay-matrix",
        "https://finwiki.zksc.io/insurance/japan-kyosai-vs-fsa-insurance-perimeter-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/aia-life-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [
        "https://www.aflac.co.jp/corp/",
        "https://www.aia.co.jp/ja/about-aia.html",
        "https://www.aioinissaydowa.co.jp/corporate/",
        "https://www.dai-ichi-life-hd.com/en/",
        "https://www.fsa.go.jp/en/regulated/",
        "https://www.himawari-life.co.jp/company/",
        "https://www.manulife.co.jp/about_us/",
        "https://www.mhlw.go.jp/stf/seisakunitsuite/bunya/iryouhoken_iryouhoken01/index.html",
        "https://www.ms-ins.com/company/",
        "https://www.nissay.co.jp/global/",
        "https://www.prudential.co.jp/about/",
        "https://www.seiho.or.jp/english/about/companies/",
        "https://www.sumitomolife.co.jp/english/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 28610,
      "word_like_tokens": 4344,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/japan-non-life-underwriting-cycle.md",
      "url": "https://finwiki.zksc.io/insurance/japan-non-life-underwriting-cycle",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-non-life-underwriting-cycle.md",
      "title": "Japan non-life underwriting cycle",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index and is the underwriting-cycle deep dive for Japanese non-life insurers. Read it together with Japan non-life big three for the entity-level routing, with nat-cat reinsurance Japan for the catastrophe pricing layer, with earthquake insurance public-private scheme",
      "headings": [
        "Japan non-life underwriting cycle",
        "Wiki route",
        "TL;DR",
        "Combined-ratio decomposition",
        "Auto market structure",
        "Tier-rating (型式別料率) reform",
        "Auto loss ratio drivers",
        "Auto expense ratio drivers",
        "Fire / property structure",
        "Catastrophe loading trends"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-nonlife-big-three",
        "insurance/natcat-reinsurance-japan",
        "insurance/saison-automobile-fire",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 16108,
      "word_like_tokens": 2460,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/japan-nonlife-big-three-reinsurance-cat-matrix.md",
      "url": "https://finwiki.zksc.io/insurance/japan-nonlife-big-three-reinsurance-cat-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-nonlife-big-three-reinsurance-cat-matrix.md",
      "title": "Japan non-life big-three reinsurance and cat overlay matrix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The \"Japan non-life big three\" — Tokio Marine Holdings, MS&AD Insurance Group Holdings, and Sompo Holdings — share a Japan-domiciled, multi-line P&C franchise but differ on five overlay axes that drive the analytical readings: catastrophe exposure by peril, reinsurance-program shape, overseas specia",
      "headings": [
        "Japan non-life big-three reinsurance and cat overlay matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Tokio Marine Holdings — overseas-led specialty franchise",
        "MS&AD Insurance Group Holdings — dual-domestic and mobility-tilted",
        "Sompo Holdings — domestic-core with overseas specialty",
        "Cat-peril, reinsurance, and overseas overlay",
        "Combined-ratio and ESR sensitivity decomposition",
        "Big comparison matrix table"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/tokio-marine-asset-management",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-non-life-underwriting-cycle",
        "insurance/japan-nonlife-big-three",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/tokio-marine-asset-management",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-non-life-underwriting-cycle",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 31335,
      "word_like_tokens": 4849,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/japan-nonlife-big-three.md",
      "url": "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/japan-nonlife-big-three.md",
      "title": "Japan non-life big three",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's non-life \"big three\" is a holding-company grouping for Tokio Marine, MS&AD, and Sompo. The operating-company layer includes Tokio Marine & Nichido Fire, Mitsui Sumitomo Insurance, Aioi Nissay Dowa Insurance, and Sompo Japan Insurance.",
      "headings": [
        "Japan non-life big three",
        "Overview",
        "Holding-Company Map",
        "What To Compare",
        "Natural-Catastrophe Lens",
        "Domestic Operating Structure",
        "Governance / Channel Risk",
        "Source Fields",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/earthquake-insurance-public-private-scheme",
        "insurance/economic-value-based-solvency",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/natcat-reinsurance-japan",
        "insurance/saison-automobile-fire",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/earthquake-insurance-public-private-scheme",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6642,
      "word_like_tokens": 990,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/kampo-japan-post-insurance.md",
      "url": "https://finwiki.zksc.io/insurance/kampo-japan-post-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/kampo-japan-post-insurance.md",
      "title": "Kampo / Japan Post Insurance",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "life-insurers/kampo-life",
      "summary": "かんぽ生命保険 (Japan Post Insurance Co., Ltd.; TSE Prime 7181) is one of the largest life-insurance balance sheets in Japan by reserve and asset scale, originated as the postal-savings-era national insurance scheme (郵便貯金 / 簡易保険 / \"Kanpo\") and now a publicly listed subsidiary inside the Japan Post Holdings",
      "headings": [
        "Kampo / Japan Post Insurance",
        "TL;DR",
        "Wiki route",
        "Identity and group structure",
        "Balance sheet and scale",
        "Distribution: postal channel",
        "The 2019 fraudulent-sales scandal",
        "ALM in the low-rate era",
        "Comparison with FSA life big-four",
        "Decision use"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/japanese-government-bonds",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/fsa",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/life-insurance-channel-mix",
        "insurance/medical-cancer-insurance-product-economics",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/nippon-life",
        "megabanks/japan-post-holdings",
        "megabanks/nippon-post",
        "regional-banks/japan-post-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/japan-post-holdings",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
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      "nonspace_chars": 13383,
      "word_like_tokens": 2204,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "insurance/life-insurance-channel-mix.md",
      "url": "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/life-insurance-channel-mix.md",
      "title": "Life insurance channel mix",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index. Read it against Internet life insurance business model for peer / contrast context and insurance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "Life insurance channel mix",
        "Wiki route",
        "TL;DR",
        "Channel Map",
        "JapanFG Patterns",
        "Why It Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/internet-life-insurance-business-model",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/nippon-life",
        "life-insurers/orix-life",
        "life-insurers/sumitomo-life",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
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      "nonspace_chars": 3698,
      "word_like_tokens": 533,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/lloyds-japan-syndicate-operating-model.md",
      "url": "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/lloyds-japan-syndicate-operating-model.md",
      "title": "Lloyd's Japan syndicate operating model",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The key point: Lloyd's capacity in Japan is supplied by London-based syndicates whose capital comes from corporate members and historically from Names. The Japan branch is the regulatory and operational interface, not the risk-bearing balance sheet.",
      "headings": [
        "Lloyd's Japan syndicate operating model",
        "TL;DR",
        "Wiki route",
        "1. What Lloyd's of London actually is",
        "2. Lloyd's Japan Inc. — what it is and what it isn't",
        "3. Distribution and placement flow",
        "4. Syndicate-level capacity coverage",
        "5. Lines where Lloyd's leads in Japan",
        "6. Reinsurance vs direct underwriting boundary",
        "7. Comparison: Lloyd's Japan vs conventional foreign insurer"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/japan-pi-club",
        "insurance/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-nonlife-big-three",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nonlife-insurer-registry-japan-index",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7094,
      "word_like_tokens": 1159,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "insurance/marine-insurance-and-pi-cover-market.md",
      "url": "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/marine-insurance-and-pi-cover-market.md",
      "title": "Marine insurance and P&I cover market in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's marine insurance market splits cleanly into three regulatory and structural pieces. (1) Hull and machinery plus cargo / transit are written by the 大手3社 non-life insurers — Tokio Marine & Nichido Fire (historically Japan's largest marine carrier and the firm whose name still begins with 東京海上",
      "headings": [
        "Marine insurance and P&I cover market in Japan",
        "TL;DR",
        "Wiki route",
        "1. Market structure",
        "2. Hull and machinery (H&M)",
        "3. Cargo / transit",
        "4. P&I cover — the mutual layer",
        "Why P&I is mutual",
        "What P&I covers",
        "International Group of P&I Clubs (IG) pooling"
      ],
      "wikilinks": [
        "INDEX",
        "financial-conglomerates/mitsui-co",
        "financial-regulators/japan-pi-club",
        "financial-regulators/nippon-kaiji-kyokai",
        "insurance/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-nonlife-big-three",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/aig-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nonlife-insurer-registry-japan-index",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/financial-regulators/nippon-kaiji-kyokai",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
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      "last_modified": "2026-06-08"
    },
    {
      "source_path": "insurance/medical-cancer-insurance-product-economics.md",
      "url": "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/medical-cancer-insurance-product-economics.md",
      "title": "Medical / cancer insurance product economics in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Medical (医療保険) and cancer (がん保険) insurance are the dominant individual-protection product lines in the Japanese life-insurance market in number of contracts and in retail visibility, sitting on top of (not as a substitute for) the universal public health-insurance system run under the Ministry of He",
      "headings": [
        "Medical / cancer insurance product economics in Japan",
        "TL;DR",
        "Wiki route",
        "Why these products are a separate product economics",
        "Competitive map",
        "Product economics components",
        "Channel-cost interaction",
        "Public-system overlay",
        "Decision use",
        "Boundary cases / caveats"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/aflac",
        "financial-regulators/fsa",
        "insurance/INDEX",
        "insurance/bancassurance-economics-japan",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-life-big-four-overlay-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/life-insurance-channel-mix",
        "life-insurers/aflac-japan",
        "life-insurers/aia",
        "life-insurers/aia-life-japan",
        "life-insurers/lifenet",
        "life-insurers/metlife-japan",
        "life-insurers/prudential-japan",
        "life-insurers/sompo-himawari-life",
        "life-insurers/tokio-marine-nichido-life",
        "non-life-insurers/ms-ad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-holdings"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-life-big-four-overlay-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/aia-life-japan",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14686,
      "word_like_tokens": 2287,
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    },
    {
      "source_path": "insurance/mutual-vs-stock-life-insurer.md",
      "url": "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/mutual-vs-stock-life-insurer.md",
      "title": "Mutual vs stock life insurer",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index. Read it against Life insurance channel mix for peer / contrast context and insurance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "Mutual vs stock life insurer",
        "Wiki route",
        "TL;DR",
        "Comparison",
        "JapanFG Relevance",
        "Analytical Use",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/esr-economic-value-solvency",
        "insurance/life-insurance-channel-mix",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/orix-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 570,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/natcat-reinsurance-japan.md",
      "url": "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/natcat-reinsurance-japan.md",
      "title": "Nat-cat reinsurance in Japan",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under insurance index. Read it against Saison Automobile & Fire / SOMPO Direct for peer / contrast context and insurance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "Nat-cat reinsurance in Japan",
        "Wiki route",
        "TL;DR",
        "Risk Map",
        "Japan Earthquake Scheme",
        "JapanFG Relevance",
        "Decision Use",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/saison-automobile-fire",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/daido-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4222,
      "word_like_tokens": 625,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "insurance/saison-automobile-fire.md",
      "url": "https://finwiki.zksc.io/insurance/saison-automobile-fire",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/saison-automobile-fire.md",
      "title": "Saison Automobile & Fire / SOMPO Direct",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "non-life-insurers/saison-automobile-fire-insurance",
      "summary": "This entry sits under insurance index. The canonical entity anchor for this insurer is its non-life-insurers entity page; this insurance-domain page is the direct non-life / auto-insurance view of that same entity. Read it against Nat-cat reinsurance in Japan for peer / contrast context and insuranc",
      "headings": [
        "Saison Automobile & Fire / SOMPO Direct",
        "Wiki route",
        "TL;DR",
        "Company Identity",
        "Strategic Meaning",
        "Comparison Points",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "insurance/natcat-reinsurance-japan",
        "megabanks/sony-fg",
        "non-life-insurers/saison-automobile-fire-insurance",
        "non-life-insurers/sompo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3114,
      "word_like_tokens": 498,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "insurance/sony-life-group-life-operating-model.md",
      "url": "https://finwiki.zksc.io/insurance/sony-life-group-life-operating-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/insurance/sony-life-group-life-operating-model.md",
      "title": "Sony Life group-life and Lifeplanner operating model",
      "domain": "insurance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "life-insurers/sony-life",
      "summary": "This entry sits under insurance index and is the channel / operating-model deep dive for Sony Life. Read it together with life insurance channel mix for the macro framing of agent vs bancassurance vs direct, with Japan life big four for the traditional sales-agency contrast, with internet life busin",
      "headings": [
        "Sony Life group-life and Lifeplanner operating model",
        "Wiki route",
        "TL;DR",
        "Lifeplanner channel (tied, consultative, individual life)",
        "Group life (集団保険) channel",
        "What is explicitly not in the channel",
        "Foreign-tech parent governance",
        "Sony FG re-buyout and capital architecture",
        "Persistency and FA productivity",
        "Comparison to big-four sales-agency model"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/esr-economic-value-solvency",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/internet-life-insurance-business-model",
        "insurance/japan-iaig-ics-mapping",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/life-insurance-channel-mix",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/manulife-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/metlife-japan",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/insurance/japan-iaig-ics-mapping",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 19056,
      "word_like_tokens": 3007,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/INDEX.md",
      "url": "https://finwiki.zksc.io/leasing-firms/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/INDEX.md",
      "title": "leasing-firms — Japanese leasing / auto-finance / captive-lessor index",
      "domain": "leasing-firms",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "leasing-firms/ contains 23 active entries (excluding INDEX, 24 total) covering Japanese leasing companies, auto-finance / fleet-leasing operators, and captive lessors — the independent leasing majors, the megabank- and trust-affiliated leasing arms, the vendor / manufacturer-captive lessors, and the",
      "headings": [
        "leasing-firms — Japanese leasing / auto-finance / captive-lessor index",
        "TL;DR",
        "Entries",
        "Tier 0 — Independent leasing majors",
        "Tier 1 — Bank- / trust-affiliated leasing arms",
        "Tier 2 — Auto / fleet finance",
        "Tier 3 — Vendor / manufacturer-captive lessors",
        "Tier 4 — Regional-bank leasing subsidiaries",
        "How the domain reads",
        "Expansion rules"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "card-issuers/jaccs",
        "consumer-finance/INDEX",
        "leasing-firms/chibagin-leasing",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hitachi-capital",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/iyogin-leasing",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mebuki-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-capital-solutions",
        "leasing-firms/nec-leasing",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/sumitomo-mitsui-auto-service",
        "leasing-firms/tokyo-century",
        "leasing-firms/tokyo-century-detail",
        "leasing-firms/toyota-financial",
        "leasing-firms/yamaguchi-leasing",
        "leasing-firms/yokohama-bank-leasing",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/toyota-financial-services",
        "regional-banks/chiba-bank",
        "regional-banks/iyo-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/consumer-finance/INDEX",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hitachi-capital",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-capital-solutions",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/sumitomo-mitsui-auto-service",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century-detail",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/leasing-firms/yamaguchi-leasing",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8277,
      "word_like_tokens": 1238,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "leasing-firms/chibagin-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/chibagin-leasing.md",
      "title": "ちばぎんリース (Chibagin Leasing)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for 千葉銀行 (Chiba Bank). Read it against parent operating bank 千葉銀行 (no-holding 単独銀行 model) and sibling subsidiary ちばぎん証券. Peer comparison: めぶきリース (北関東地銀系リース) / 横浜銀リース (神奈川地銀系リース) / 北海道リース / 山口リース / いよぎ",
      "headings": [
        "ちばぎんリース (Chibagin Leasing)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株ツリー (千葉銀グループ簡略図)",
        "主要業務ライン",
        "グループ内クロスリンク",
        "地銀系リース peer 比較",
        "大手リース・専業リースとの競合",
        "強み・弱み"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/iyogin-leasing",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mebuki-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/yamaguchi-leasing",
        "leasing-firms/yokohama-bank-leasing",
        "regional-banks/chiba-bank",
        "regional-banks/chiba-kogyo-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokkaido-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/shizuoka-fg",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yokohama-bank",
        "securities-firms/chibagin-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/yamaguchi-leasing",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank",
        "https://finwiki.zksc.io/securities-firms/chibagin-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7146,
      "word_like_tokens": 1087,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/fuyo-lease.md",
      "url": "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/fuyo-lease.md",
      "title": "芙蓉総合リース",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against オリックス株式会社 (ORIX Corporation) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "芙蓉総合リース",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業容ポジショニング",
        "主要株主 / 資本関係",
        "主要子会社・関連会社",
        "2. 事業セグメント・マップ",
        "3. 沿革",
        "芙蓉グループ内取引"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3626,
      "word_like_tokens": 617,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/hitachi-capital.md",
      "url": "https://finwiki.zksc.io/leasing-firms/hitachi-capital",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/hitachi-capital.md",
      "title": "日立キャピタル (旧称・現三菱HCキャピタル統合)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 三菱HCキャピタル (現行統合エンティティ) for the surviving entity post-2021 merger and banking index for the broader system / regulatory boundary. As a Hitachi-side historical entity, read it together with MUFG for parent-group context post-merger.",
      "headings": [
        "日立キャピタル (旧称・現三菱HCキャピタル統合)",
        "Wiki route",
        "TL;DR",
        "1. Historical entity / merger status",
        "2. Merger history & business lines (旧)",
        "2021-04 三菱UFJリース統合の背景",
        "3. Strategic significance of this transition",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/orix-corp",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/tokyo-century",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4061,
      "word_like_tokens": 666,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/hokkaido-lease.md",
      "url": "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/hokkaido-lease.md",
      "title": "北海道リース",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 芙蓉総合リース for peer / contrast context (national 準大手 vs regional captive) and banking index for the broader system / regulatory boundary. Read it together with 北海道銀行 and 北洋銀行 for the parent / regional context.",
      "headings": [
        "北海道リース",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mizuho-lease",
        "leasing-firms/tokyo-century",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokuyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3153,
      "word_like_tokens": 463,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "leasing-firms/ibj-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/ibj-leasing.md",
      "title": "興銀リース (旧称・現みずほリース統合)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against Mizuho Leasing / みずほリース (the surviving successor entity post-2019 merger) and banking index for the broader system / regulatory boundary. As a Mizuho-side historical entity, read it together with Mizuho FG for parent-group context.",
      "headings": [
        "興銀リース (旧称・現みずほリース統合)",
        "Wiki route",
        "TL;DR",
        "1. Historical entity / merger status",
        "2. Merger history & business lines (旧)",
        "2019-04 みずほリース統合の背景",
        "3. Strategic significance of this transition",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3435,
      "word_like_tokens": 597,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/iyogin-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/iyogin-leasing.md",
      "title": "いよぎんリース (Iyogin Leasing)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for いよぎん HD グループ (伊予銀行 母体)。Read it against parent operating bank 伊予銀行 and sibling subsidiaries いよぎん DC カード / いよぎん地域経済研究センター (IRC) / いよぎんキャピタル. Peer comparison: めぶきリース (北関東) / 横浜銀リース (神奈川) / ちばぎんリース (千",
      "headings": [
        "いよぎんリース (Iyogin Leasing)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株ツリー (いよぎん HD グループ簡略図)",
        "主要業務ライン",
        "グループ内クロスリンク",
        "地銀系リース peer 比較",
        "大手リース・専業リースとの競合",
        "強み・弱み"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "leasing-firms/INDEX",
        "leasing-firms/chibagin-leasing",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mebuki-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/yamaguchi-leasing",
        "leasing-firms/yokohama-bank-leasing",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/ehime-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokkaido-bank",
        "regional-banks/iyo-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/shizuoka-fg",
        "regional-banks/tomony-hd",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/yamaguchi-leasing",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/ehime-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/tomony-hd",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7320,
      "word_like_tokens": 1156,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/kanematsu-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/kanematsu-leasing.md",
      "title": "兼松リース",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against JA三井リース for peer / contrast context (both are trading-house-linked leasing entities) and banking index for the broader system / regulatory boundary. Read it with 東京センチュリー (伊藤忠系) for the broader trading-house x leasing pattern.",
      "headings": [
        "兼松リース",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3014,
      "word_like_tokens": 474,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "leasing-firms/mebuki-lease.md",
      "url": "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/mebuki-lease.md",
      "title": "めぶきリース (Mebuki Lease)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for めぶき FG. Read it against parent operating banks 常陽銀行 / 足利銀行 and sibling subsidiary めぶき証券. Peer comparison: 北海道リース (北洋・北海道銀行系) and major lessor 三菱 HC キャピタル / みずほリース. For broader system route see reg",
      "headings": [
        "めぶきリース (Mebuki Lease)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "旧 常陽リース系譜（母体）",
        "足利銀行系リース機能との関係 — 確定（2026-05-30 検証）",
        "めぶき FG 設立とグループ統合",
        "4. KPI table (concept)",
        "5. 事業セグメント map"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "regional-banks/ashikaga-bank",
        "regional-banks/joyo-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/tochigi-bank",
        "regional-banks/tsukuba-bank",
        "securities-firms/mebuki-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/tochigi-bank",
        "https://finwiki.zksc.io/regional-banks/tsukuba-bank",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8745,
      "word_like_tokens": 1463,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/mitsubishi-hc-capital.md",
      "url": "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/mitsubishi-hc-capital.md",
      "title": "三菱 HC キャピタル (Mitsubishi HC Capital)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX (its domain route). Read it against オリックス株式会社 (ORIX Corporation) for peer / contrast (independent conglomerate vs. bank/trading-house affiliate), against MUFG for the group / parent context, and against the FSA for the supervisory boundary (lessors register",
      "headings": [
        "三菱 HC キャピタル (Mitsubishi HC Capital)",
        "Wiki route",
        "TL;DR",
        "1. Identity / merger lineage",
        "2. Operating model",
        "3. Strategic read",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2866,
      "word_like_tokens": 428,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "leasing-firms/mizuho-lease.md",
      "url": "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/mizuho-lease.md",
      "title": "Mizuho Leasing",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against SMFL / Sumitomo Mitsui Finance and Leasing for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "Mizuho Leasing",
        "Wiki route",
        "TL;DR",
        "Structure",
        "Alliance mechanics",
        "Mizuho relationship",
        "Marubeni relationship",
        "Business map",
        "Strategic reading",
        "Competitive context"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-licenses/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7697,
      "word_like_tokens": 1208,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "leasing-firms/nec-capital-solutions.md",
      "url": "https://finwiki.zksc.io/leasing-firms/nec-capital-solutions",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/nec-capital-solutions.md",
      "title": "NECキャピタルソリューションズ (NEC Capital Solutions)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 日立キャピタル（旧） / 三菱HCキャピタル for vendor-system-integrator leasing peer context, 東京センチュリー / 三井住友ファイナンス&リース for large general lease peer context, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "NECキャピタルソリューションズ (NEC Capital Solutions)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・業界登録",
        "3. 業務セグメント",
        "4. 親グループ関係（NEC）",
        "5. 競合・業界ポジション",
        "6. 戦略・最近の動向",
        "7. 主要 KPI（概観 / 連結）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/hitachi-capital",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/hitachi-capital",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4518,
      "word_like_tokens": 781,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/nec-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/nec-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/nec-leasing.md",
      "title": "NECキャピタルソリューション",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against リコーリース for peer / contrast context (both are事業会社 captive lease) and banking index for the broader system / regulatory boundary. Read it together with 芙蓉総合リース for the準大手 leasing peer set.",
      "headings": [
        "NECキャピタルソリューション",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/toyota-finance",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/tokyo-century"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3473,
      "word_like_tokens": 618,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/ntt-tc-lease.md",
      "url": "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/ntt-tc-lease.md",
      "title": "NTT TC Leasing",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against SMFL / Sumitomo Mitsui Finance and Leasing for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "NTT TC Leasing",
        "Wiki route",
        "TL;DR",
        "Structure",
        "Strategic Reading",
        "Business Map",
        "Competitive Context",
        "Regulatory / Risk Notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-licenses/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/ndfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/ndfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3855,
      "word_like_tokens": 603,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/orix-corp.md",
      "url": "https://finwiki.zksc.io/leasing-firms/orix-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/orix-corp.md",
      "title": "オリックス株式会社 (ORIX Corporation)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 東京センチュリー株式会社 (Tokyo Century Corporation) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "オリックス株式会社 (ORIX Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "経営体制（2025 年度）^[extracted]",
        "主要株主（2025-03-31 時点）^[extracted]",
        "主要子会社・持分",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ（10 セグメント）",
        "多角化モデル"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4680,
      "word_like_tokens": 788,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/ricoh-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/ricoh-leasing.md",
      "title": "リコーリース",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 芙蓉総合リース for peer / contrast context and banking index for the broader system / regulatory boundary. As a Ricoh / Mizuho-adjacent leasing platform it should be read together with Mizuho FG and Mizuho Leasing when mapping Mizuho-side asset-fin",
      "headings": [
        "リコーリース",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/toyota-finance",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3405,
      "word_like_tokens": 556,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/showa-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/showa-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/showa-leasing.md",
      "title": "昭和リース",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 芙蓉総合リース for peer / contrast context and banking index for the broader system / regulatory boundary. As an SBI新生銀行 グループ傘下の captive leasing entity, it should be read alongside 新生フィナンシャル for the broader Shinsei non-bank finance footprint.",
      "headings": [
        "昭和リース",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines",
        "3. Strategy & competitive position",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "consumer-finance/shinsei-financial",
        "finance/japan-acquisition-finance",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/tokyo-century",
        "regional-banks/sbi-shinsei-bank",
        "trust-banks/sbi-shinsei-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3254,
      "word_like_tokens": 511,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/smfl.md",
      "url": "https://finwiki.zksc.io/leasing-firms/smfl",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/smfl.md",
      "title": "SMFL / Sumitomo Mitsui Finance and Leasing",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against Mizuho Leasing for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SMFL / Sumitomo Mitsui Finance and Leasing",
        "Wiki route",
        "TL;DR",
        "Structure",
        "Business Map",
        "Strategic Reading",
        "Competitive Context",
        "Regulatory / Risk Notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-licenses/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/ntt-tc-lease",
        "leasing-firms/orix-corp",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/ntt-tc-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4146,
      "word_like_tokens": 613,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/sumitomo-mitsui-auto-service.md",
      "url": "https://finwiki.zksc.io/leasing-firms/sumitomo-mitsui-auto-service",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/sumitomo-mitsui-auto-service.md",
      "title": "住友三井オートサービス (Sumitomo Mitsui Auto Service / SMAS)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against SMFL (the sister general-leasing JV between the same parents — SMFG + 住友商事系) and 住友商事フィナンシャルマネジメント (the Sumitomo Corp internal-treasury arm). For peer auto / fleet finance, see トヨタファイナンス (Toyota dealer / auto financing) and TFS. For 商社系金融 pe",
      "headings": [
        "住友三井オートサービス (Sumitomo Mitsui Auto Service / SMAS)",
        "Wiki route",
        "1. 会社概要",
        "「SMFL = 汎用 / SMAS = オート」の二本柱構造",
        "設立経緯 (2007 年合併)",
        "2. 事業セグメント・マップ",
        "オートリース市場の競合構造",
        "商社系金融子会社 ecosystem 内の位置",
        "4. 規制・政策",
        "Related"
      ],
      "wikilinks": [
        "asset-managers/mitsubishi-corp-asset-management",
        "banking/INDEX",
        "card-issuers/toyota-finance",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/INDEX",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/toyota-financial",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/mitsubishi-corp-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4831,
      "word_like_tokens": 735,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "leasing-firms/tokyo-century-detail.md",
      "url": "https://finwiki.zksc.io/leasing-firms/tokyo-century-detail",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/tokyo-century-detail.md",
      "title": "東京センチュリー 事業詳細 (Tokyo Century Operating Profile)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX and complements the company-level summary at 東京センチュリー. Read it against オリックス / 三菱HCキャピタル / 三井住友ファイナンス&リース / みずほリース for general-lease industry peer context, みずほFG for one parent group route, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京センチュリー 事業詳細 (Tokyo Century Operating Profile)",
        "Wiki route",
        "TL;DR",
        "1. 親グループ関係 - 2 軸株主構造",
        "2. 事業セグメント詳細",
        "2.1 国内法人リース・ファイナンス",
        "2.2 国際ビジネス（米州・アジア・欧州）",
        "2.3 航空機ファイナンス（戦略的差別化）",
        "2.4 環境インフラ事業",
        "2.5 自動車・スペシャルティ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-capital-solutions",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-capital-solutions",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4465,
      "word_like_tokens": 746,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "leasing-firms/tokyo-century.md",
      "url": "https://finwiki.zksc.io/leasing-firms/tokyo-century",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/tokyo-century.md",
      "title": "東京センチュリー株式会社 (Tokyo Century Corporation)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against オリックス株式会社 (ORIX Corporation) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京センチュリー株式会社 (Tokyo Century Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要事業セグメント",
        "主要 競合",
        "2 つの前身",
        "年表（抜粋）",
        "コア事業",
        "グローバル展開"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/orix-corp",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3743,
      "word_like_tokens": 618,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/toyota-financial.md",
      "url": "https://finwiki.zksc.io/leasing-firms/toyota-financial",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/toyota-financial.md",
      "title": "トヨタファイナンシャルサービス (TFS)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under leasing-firms INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "トヨタファイナンシャルサービス (TFS)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・グループ会社",
        "業態カテゴリ",
        "2. 沿革・年表",
        "3. 事業セグメント・マップ",
        "総合パッケージ戦略",
        "グローバル分散"
      ],
      "wikilinks": [
        "banking/INDEX",
        "leasing-firms/INDEX",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "manufacturer-finance/toyota-motor",
        "megabanks/mufg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/megabanks/mufg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4483,
      "word_like_tokens": 708,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/yamaguchi-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/yamaguchi-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/yamaguchi-leasing.md",
      "title": "山口リース (Yamaguchi Leasing)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for 山口 FG (YMFG). Read it against parent operating banks 山口 FG 3 行体制 (もみじ銀行 / 北九州銀行 / 山口銀行) and sibling subsidiary ワイエム証券. Peer comparison: めぶきリース (北関東) / 横浜銀リース (神奈川) / ちばぎんリース (千葉) / 北海道リース / いよぎんリー",
      "headings": [
        "山口リース (Yamaguchi Leasing)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株ツリー (YMFG グループ簡略図)",
        "主要業務ライン",
        "グループ内クロスリンク",
        "地銀系リース peer 比較",
        "大手リース・専業リースとの競合",
        "強み・弱み"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "leasing-firms/INDEX",
        "leasing-firms/chibagin-leasing",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/iyogin-leasing",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mebuki-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/yokohama-bank-leasing",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hiroshima-bank",
        "regional-banks/hokkaido-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/kitakyushu-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/momiji-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7703,
      "word_like_tokens": 1214,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "leasing-firms/yokohama-bank-leasing.md",
      "url": "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/leasing-firms/yokohama-bank-leasing.md",
      "title": "横浜銀リース (Yokohama Bank Leasing)",
      "domain": "leasing-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the leasing-firms INDEX as the FG-subsidiary leasing operating-company anchor for 横浜フィナンシャルグループ (旧コンコルディア FG). Read it against parent operating bank 横浜銀行 and sibling subsidiary 東日本銀行. Peer comparison: めぶきリース (北関東地銀系) and major lessor 三菱 HC キャピタル / みずほリース / 東京センチュリー. For broader",
      "headings": [
        "横浜銀リース (Yokohama Bank Leasing)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "横浜銀リース 設立",
        "CFG → YFG 商号変更 (2025-10-01)",
        "4. KPI table (qualitative — no standalone subsidiary financials disclosed)",
        "5. 事業セグメント・マップ",
        "FG 内ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "leasing-firms/INDEX",
        "leasing-firms/fuyo-lease",
        "leasing-firms/hokkaido-lease",
        "leasing-firms/mebuki-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/nec-leasing",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/showa-leasing",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "regional-banks/concordia-fg",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/hokkaido-lease",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/nec-leasing",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/showa-leasing",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/INDEX.md",
      "url": "https://finwiki.zksc.io/life-insurers/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/INDEX.md",
      "title": "life-insurers — Japanese life-insurance operating company index",
      "domain": "life-insurers",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "life-insurers/ is a top-level entity domain holding 46 entries (excluding INDEX): the Japanese life-insurance operating companies — direct life insurers plus the life / health reinsurers registered on the FSA life-insurer list and the Life Insurance Association of Japan (生命保険協会) member directory. Th",
      "headings": [
        "life-insurers — Japanese life-insurance operating company index",
        "Scope",
        "Disambiguation",
        "Domestic mutual majors",
        "Listed groups / holding companies",
        "T&D group operating companies",
        "Nippon Life group operating companies",
        "Dai-ichi Life group sub-brands",
        "Group specialty / sub-brand insurers",
        "P&C-group life subsidiaries"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "financial-regulators/INDEX",
        "insurance/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/aia-life-japan",
        "life-insurers/asahi-life",
        "life-insurers/axa-japan",
        "life-insurers/cardif-life",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/dai-ichi-neo-life",
        "life-insurers/daido-life",
        "life-insurers/fukoku-life",
        "life-insurers/fukokushinrai-life",
        "life-insurers/fwd-life-japan",
        "life-insurers/gibraltar-life",
        "life-insurers/hanasaku-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/manulife-japan",
        "life-insurers/medicare-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/meiji-yasuda-trust-life",
        "life-insurers/metlife-japan",
        "life-insurers/midori-life",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "life-insurers/ms-primary-life",
        "life-insurers/nanairo-life",
        "life-insurers/nippon-life",
        "life-insurers/nissay-wealth-life",
        "life-insurers/nn-life-japan",
        "life-insurers/orix-life",
        "life-insurers/pacific-life-re-japan",
        "life-insurers/pgf-life",
        "life-insurers/prudential-japan",
        "life-insurers/rakuten-life",
        "life-insurers/rga-japan",
        "life-insurers/sbi-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life",
        "life-insurers/taiju-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-financial-life",
        "life-insurers/td-hd",
        "life-insurers/tokio-marine-nichido-life",
        "life-insurers/zurich-life",
        "non-life-insurers/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/aia-life-japan",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/cardif-life",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/fukokushinrai-life",
        "https://finwiki.zksc.io/life-insurers/fwd-life-japan",
        "https://finwiki.zksc.io/life-insurers/gibraltar-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/medicare-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda-trust-life",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/midori-life",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/nanairo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/nissay-wealth-life",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/pacific-life-re-japan",
        "https://finwiki.zksc.io/life-insurers/pgf-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/life-insurers/taiju-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/life-insurers/zurich-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5196,
      "word_like_tokens": 794,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "life-insurers/aflac-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/aflac-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/aflac-japan.md",
      "title": "アフラック生命保険 (Aflac Japan)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "アフラック生命保険 (Aflac Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "Aflac グループ全体 (FY2024 米親会社 10-K ベース) ^[extracted]",
        "主要株主・資本構造 ^[extracted]",
        "主要子会社・グループ",
        "2. 事業セグメント・マップ",
        "沿革年表 ^[extracted]",
        "デジタル戦略"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/metlife-japan",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sumitomo-life",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6393,
      "word_like_tokens": 931,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/aia-life-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/aia-life-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/aia-life-japan.md",
      "title": "AIA Life Japan / AIA生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against MetLife Japan and Manulife Life Insurance Japan for foreign-life-insurer peer context, and insurance index for the broader Japan life insurance market system / regulatory boundary.",
      "headings": [
        "AIA Life Japan / AIA生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/principal-japan",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/nn-life-japan",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/principal-japan",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4493,
      "word_like_tokens": 742,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "life-insurers/asahi-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/asahi-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/asahi-life.md",
      "title": "朝日生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 富国生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "朝日生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/fukoku-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sony-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2173,
      "word_like_tokens": 328,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/axa-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/axa-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/axa-japan.md",
      "title": "アクサ・ジャパン (AXA Japan)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "アクサ・ジャパン (AXA Japan)",
        "Wiki route",
        "TL;DR",
        "1. グループ構造",
        "主要日本法人",
        "重要历史（年表）",
        "2. 業務ライン",
        "ポジショニング",
        "グローバルレバレッジ",
        "競合関係"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/td-hd",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4292,
      "word_like_tokens": 656,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/cardif-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/cardif-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/cardif-life.md",
      "title": "カーディフ生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it alongside クレディ・アグリコル生命 as the closest same-domain peer — both are French-bank-affiliated, bancassurance-oriented Japan life insurers — with insurance index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "カーディフ生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "foreign-financial-institutions/bnp-paribas-japan",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/td-financial-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2266,
      "word_like_tokens": 346,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/credit-agricole-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/credit-agricole-life.md",
      "title": "クレディ・アグリコル生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). Read it against カーディフ生命保険 and PGF生命 for the foreign-affiliated bancassurance peer / contrast, and against the FSA plus 生命保険協会 for the supervisory / industry-body boundary. The bancassurance economics it operates inside are mapped in banca",
      "headings": [
        "クレディ・アグリコル生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/bancassurance-economics-japan",
        "insurance/foreign-life-affiliate-japan-positioning",
        "insurance/japan-life-insurance-alm-overview",
        "life-insurers/INDEX",
        "life-insurers/cardif-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/ms-primary-life",
        "life-insurers/pgf-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/insurance/foreign-life-affiliate-japan-positioning",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/cardif-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/pgf-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3348,
      "word_like_tokens": 460,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/dai-ichi-frontier-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/dai-ichi-frontier-life.md",
      "title": "第一フロンティア生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against T&Dフィナンシャル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "第一フロンティア生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/td-financial-life",
        "megabanks/mizuho-fg",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2302,
      "word_like_tokens": 355,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/dai-ichi-life-insurance.md",
      "url": "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/dai-ichi-life-insurance.md",
      "title": "第一生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). It is the licensed operating company beneath the listed holding page 第一ライフグループ / 旧第一生命HD. Read it against 第一フロンティア生命 and 第一ネオ生命 for the in-group peer / contrast, and against the FSA plus 生命保険協会 for the supervisory / industry-body boundary",
      "headings": [
        "第一生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-neo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3110,
      "word_like_tokens": 476,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/dai-ichi-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/dai-ichi-life.md",
      "title": "第一ライフグループ / 旧 第一生命 HD",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 日本生命保険相互会社 (Nippon Life) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "第一ライフグループ / 旧 第一生命 HD",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要 KPI（FY2024 = 2025-03 期 連結, 2025-05-15 開示）",
        "主要 KPI（概要 / 業態）",
        "主要子会社・持分",
        "主要株主構成（公開情報ベース）",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6349,
      "word_like_tokens": 1188,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/dai-ichi-neo-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/dai-ichi-neo-life.md",
      "title": "第一ネオ生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). It is a specialty operating company under the listed parent 第一ライフグループ, alongside the core underwriter 第一生命保険 and the bancassurance arm 第一フロンティア生命. Read it against the FSA and 生命保険協会 for the supervisory / industry-body boundary; its produc",
      "headings": [
        "第一ネオ生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/japan-life-insurance-alm-overview",
        "insurance/medical-cancer-insurance-product-economics",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/insurance/medical-cancer-insurance-product-economics",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2970,
      "word_like_tokens": 441,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/daido-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/daido-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/daido-life.md",
      "title": "大同生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against T&Dフィナンシャル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "大同生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/jfc",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/taiyo-life",
        "life-insurers/td-financial-life",
        "life-insurers/td-hd",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1998,
      "word_like_tokens": 323,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/fukoku-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/fukoku-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/fukoku-life.md",
      "title": "富国生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 朝日生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "富国生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/asahi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2161,
      "word_like_tokens": 332,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/fukokushinrai-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/fukokushinrai-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/fukokushinrai-life.md",
      "title": "フコクしんらい生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). Its controlling shareholder is the mutual major 富国生命, and its founding parent was the P&C carrier 共栄火災海上保険. Read it against MS Primary 生命 for the FI / bancassurance peer / contrast, and against the FSA plus 生命保険協会 for the supervisory / in",
      "headings": [
        "フコクしんらい生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/bancassurance-economics-japan",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/fukoku-life",
        "life-insurers/ms-primary-life",
        "non-life-insurers/kyoritsu-fire-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3202,
      "word_like_tokens": 450,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/fwd-life-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/fwd-life-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/fwd-life-japan.md",
      "title": "FWD生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against クレディ・アグリコル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "FWD生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/axa-japan",
        "life-insurers/credit-agricole-life",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/nn-life-japan",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2157,
      "word_like_tokens": 346,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/gibraltar-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/gibraltar-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/gibraltar-life.md",
      "title": "ジブラルタ生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against プルデンシャル ジブラルタ ファイナンシャル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "ジブラルタ生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/nn-life-japan",
        "life-insurers/pgf-life",
        "life-insurers/prudential-japan",
        "life-insurers/sony-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/nn-life-japan",
        "https://finwiki.zksc.io/life-insurers/pgf-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sony-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2029,
      "word_like_tokens": 312,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/hanasaku-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/hanasaku-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/hanasaku-life.md",
      "title": "はなさく生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against なないろ生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "はなさく生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/medicare-life",
        "life-insurers/nanairo-life",
        "life-insurers/nippon-life",
        "life-insurers/nissay-wealth-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/medicare-life",
        "https://finwiki.zksc.io/life-insurers/nanairo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/nissay-wealth-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1933,
      "word_like_tokens": 300,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/kampo-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/kampo-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/kampo-life.md",
      "title": "かんぽ生命保険 (Japan Post Insurance)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一ライフグループ / 旧 第一生命 HD for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "かんぽ生命保険 (Japan Post Insurance)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要 KPI（概観）",
        "グループ構造",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "旧簡易保険ブランドと郵便局網",
        "商品多様化と民営化後制約"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4382,
      "word_like_tokens": 666,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/lifenet.md",
      "url": "https://finwiki.zksc.io/life-insurers/lifenet",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/lifenet.md",
      "title": "ライフネット生命保険 (LifeNet Insurance)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一ライフグループ / 旧 第一生命 HD for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "ライフネット生命保険 (LifeNet Insurance)",
        "Wiki route",
        "TL;DR",
        "1. Entity / licence boundary",
        "2. Business model",
        "Direct online economics",
        "3. Shareholder / channel relationship",
        "4. Solvency / insurer capital reading",
        "5. Competitive map",
        "Related"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/internet-life-insurance-business-model",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/orix-life",
        "megabanks/au-fh",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 8216,
      "word_like_tokens": 1336,
      "last_modified": "2026-06-25"
    },
    {
      "source_path": "life-insurers/manulife-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/manulife-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/manulife-japan.md",
      "title": "マニュライフ生命保険 (Manulife Life Insurance Japan)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "マニュライフ生命保険 (Manulife Life Insurance Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "親会社 Manulife Financial Corporation 概要 ^[extracted]",
        "グループ構造",
        "旧 第百生命 系譜（1880〜1999）^[extracted]",
        "GE 救済〜マニュライフ移管 系譜（1999〜2009）^[extracted]",
        "3. 事業セグメント map",
        "チャネル戦略 ^[extracted]"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/metlife-japan",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4949,
      "word_like_tokens": 707,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/medicare-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/medicare-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/medicare-life.md",
      "title": "メディケア生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "メディケア生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/hanasaku-life",
        "life-insurers/nanairo-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/nanairo-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1994,
      "word_like_tokens": 299,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/meiji-yasuda-trust-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/meiji-yasuda-trust-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/meiji-yasuda-trust-life.md",
      "title": "明治安田トラスト生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). Its controlling parent is the mutual major 明治安田生命; the group's P&C arm is 明治安田損害保険. Read it against クレディ・アグリコル生命 for the specialty / single-product peer / contrast, and against the FSA plus 生命保険協会 for the supervisory / industry-body bound",
      "headings": [
        "明治安田トラスト生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/credit-agricole-life",
        "life-insurers/meiji-yasuda",
        "non-life-insurers/meiji-yasuda-general-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/non-life-insurers/meiji-yasuda-general-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2885,
      "word_like_tokens": 417,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/meiji-yasuda.md",
      "url": "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/meiji-yasuda.md",
      "title": "明治安田生命保険相互会社",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 日本生命保険相互会社 (Nippon Life) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "明治安田生命保険相互会社",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "相互会社形態のポイント",
        "前身 2 系統",
        "重要年表",
        "主要子会社・関連",
        "3. 事業セグメント map",
        "経営方針（中計「MY ミューチュアル Way Ⅱ」）"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4064,
      "word_like_tokens": 622,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/metlife-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/metlife-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/metlife-japan.md",
      "title": "メットライフ生命保険 (MetLife Japan)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "メットライフ生命保険 (MetLife Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "親会社 MetLife, Inc.（米）参考スペック ^[extracted]",
        "2. 重要歴史（年表）",
        "商品戦略",
        "チャネル戦略（3 チャネル並走モデル）",
        "主要競合",
        "4. 規制・政策"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/manulife-japan",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sumitomo-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4021,
      "word_like_tokens": 612,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/midori-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/midori-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/midori-life.md",
      "title": "みどり生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). Read it against the mid-size mutual carrier 朝日生命 and the specialty sub-brand メディケア生命 for peer / contrast, and against the FSA plus 生命保険協会 for the supervisory / industry-body boundary. Small carriers that escape large-group pages are track",
      "headings": [
        "みどり生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/missing-financial-institutions-backlog",
        "financial-regulators/seiho-kyokai",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-alm-overview",
        "life-insurers/INDEX",
        "life-insurers/asahi-life",
        "life-insurers/medicare-life",
        "life-insurers/nanairo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/medicare-life",
        "https://finwiki.zksc.io/life-insurers/nanairo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2941,
      "word_like_tokens": 409,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/mitsui-sumitomo-aioi-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/mitsui-sumitomo-aioi-life.md",
      "title": "三井住友海上あいおい生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 三井住友海上プライマリー生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "三井住友海上あいおい生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/ms-primary-life",
        "life-insurers/sompo-himawari-life",
        "life-insurers/tokio-marine-nichido-life",
        "non-life-insurers/msad"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/non-life-insurers/msad"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2107,
      "word_like_tokens": 338,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/ms-primary-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/ms-primary-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/ms-primary-life.md",
      "title": "三井住友海上プライマリー生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). Its parent is the listed P&C group holding company MS&AD ホールディングス; the group's protection-focused life arm is 三井住友海上あいおい生命. Read it against PGF生命 and 第一フロンティア生命 for the FI-channel annuity peer / contrast, and against the FSA plus 生命保険協会 f",
      "headings": [
        "三井住友海上プライマリー生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/bancassurance-economics-japan",
        "life-insurers/INDEX",
        "life-insurers/credit-agricole-life",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "life-insurers/pgf-life",
        "non-life-insurers/msad"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/life-insurers/pgf-life",
        "https://finwiki.zksc.io/non-life-insurers/msad"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3152,
      "word_like_tokens": 470,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/nanairo-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/nanairo-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/nanairo-life.md",
      "title": "なないろ生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against はなさく生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "なないろ生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/asahi-life",
        "life-insurers/hanasaku-life",
        "life-insurers/medicare-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/medicare-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1970,
      "word_like_tokens": 303,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/nippon-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/nippon-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/nippon-life.md",
      "title": "日本生命保険相互会社 (Nippon Life)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 明治安田生命保険相互会社 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "日本生命保険相互会社 (Nippon Life)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "形態の特徴：相互会社",
        "主要子会社・関連",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "グループ連結ベース",
        "子会社業績ハイライト"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/esr-economic-value-solvency",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/nippon-post",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/esr-economic-value-solvency",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6971,
      "word_like_tokens": 1219,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/nissay-wealth-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/nissay-wealth-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/nissay-wealth-life.md",
      "title": "ニッセイ・ウェルス生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it with insurance index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "ニッセイ・ウェルス生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/hanasaku-life",
        "life-insurers/nippon-life",
        "life-insurers/td-financial-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2022,
      "word_like_tokens": 305,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/nn-life-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/nn-life-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/nn-life-japan.md",
      "title": "NN生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against クレディ・アグリコル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "NN生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/credit-agricole-life",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2133,
      "word_like_tokens": 324,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/orix-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/orix-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/orix-life.md",
      "title": "オリックス生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against ライフネット生命 for direct-online contrast, ORIX Corporation for group context, and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "オリックス生命保険",
        "Wiki route",
        "TL;DR",
        "1. Entity / licence boundary",
        "2. Business model / channel map",
        "3. Products / group role",
        "4. Solvency / capital reading",
        "5. Peer / contrast map",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "leasing-firms/orix-corp",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/prudential-japan",
        "life-insurers/sumitomo-life",
        "megabanks/sbi-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/sbi-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6835,
      "word_like_tokens": 1114,
      "last_modified": "2026-06-25"
    },
    {
      "source_path": "life-insurers/pacific-life-re-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/pacific-life-re-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/pacific-life-re-japan.md",
      "title": "Pacific Life Re Japan / パシフィック・ライフ・リー・ジャパン",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against its closest same-domain peer RGA Japan — the other foreign life / health reinsurer registered on the FSA life-insurer list — as well as Swiss Re Japan and Hannover Re Japan for multi-line reinsurer peer context, and insurance index for the b",
      "headings": [
        "Pacific Life Re Japan / パシフィック・ライフ・リー・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-life-insurance-big-four",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/manulife-japan",
        "life-insurers/metlife-japan",
        "life-insurers/rga-japan",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/manulife-japan",
        "https://finwiki.zksc.io/life-insurers/metlife-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5196,
      "word_like_tokens": 832,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "life-insurers/pgf-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/pgf-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/pgf-life.md",
      "title": "プルデンシャル ジブラルタ ファイナンシャル生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX (its domain route). It belongs to the Prudential Financial (US) cluster alongside the advisor-led brands プルデンシャル生命 and ジブラルタ生命. Read it against MS Primary 生命 and 第一フロンティア生命 for the FI-channel / single-premium peer / contrast, and against the FSA plus 生命保険協会",
      "headings": [
        "プルデンシャル ジブラルタ ファイナンシャル生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/seiho-kyokai",
        "insurance/bancassurance-economics-japan",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/gibraltar-life",
        "life-insurers/ms-primary-life",
        "life-insurers/prudential-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/seiho-kyokai",
        "https://finwiki.zksc.io/insurance/bancassurance-economics-japan",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/gibraltar-life",
        "https://finwiki.zksc.io/life-insurers/ms-primary-life",
        "https://finwiki.zksc.io/life-insurers/prudential-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3225,
      "word_like_tokens": 456,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "life-insurers/prudential-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/prudential-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/prudential-japan.md",
      "title": "プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against アクサ・ジャパン (AXA Japan) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "プルデンシャル・ジブラルタ・ファイナンシャル (Prudential Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "3 生保の連結ポジション ^[extracted]",
        "主要構造図",
        "合併歴史・買収譜系",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "ライフプランナー（LP）モデル"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5414,
      "word_like_tokens": 790,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/rakuten-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/rakuten-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/rakuten-life.md",
      "title": "楽天生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 楽天損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "楽天生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/rakuten-card",
        "insurance/INDEX",
        "insurance/internet-life-insurance-business-model",
        "life-insurers/INDEX",
        "life-insurers/lifenet",
        "life-insurers/sbi-life",
        "life-insurers/sony-life",
        "non-life-insurers/rakuten-general-insurance",
        "payment-firms/rakuten-edy",
        "payment-firms/rakuten-fg",
        "securities-firms/rakuten-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2278,
      "word_like_tokens": 337,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/rga-japan.md",
      "url": "https://finwiki.zksc.io/life-insurers/rga-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/rga-japan.md",
      "title": "RGA リインシュアランス・カンパニー日本支店",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against ジェネラル再保険日本支店 as a US-headquartered reinsurer peer, and against スイス再保険日本支店 / ハノーバー再保険日本支店 for life-reinsurance competitive context. The domestic-reinsurer contrast remains トーア再保険, and broader system map is insurance index.",
      "headings": [
        "RGA リインシュアランス・カンパニー日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "non-life-insurers/gen-re-japan",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/scor-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/non-life-insurers/gen-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/scor-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2923,
      "word_like_tokens": 425,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/sbi-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/sbi-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/sbi-life.md",
      "title": "SBI生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "SBI生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/internet-life-insurance-business-model",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/lifenet",
        "life-insurers/rakuten-life",
        "life-insurers/sony-life",
        "megabanks/sbi-hd",
        "non-life-insurers/sbi-insurance-group",
        "regional-banks/sbi-shinsei-bank",
        "securities-firms/sbi-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/sbi-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2151,
      "word_like_tokens": 339,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/sompo-himawari-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/sompo-himawari-life.md",
      "title": "SOMPOひまわり生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "SOMPOひまわり生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/tokio-marine-nichido-life",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2222,
      "word_like_tokens": 359,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/sony-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/sony-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/sony-life.md",
      "title": "ソニー生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "ソニー生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/sony-bank",
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/rakuten-life",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/sony-bank",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2221,
      "word_like_tokens": 352,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/sumitomo-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/sumitomo-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/sumitomo-life.md",
      "title": "住友生命保険相互会社 (Sumitomo Life)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 日本生命保険相互会社 (Nippon Life) for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "住友生命保険相互会社 (Sumitomo Life)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業界位置",
        "主要子会社・関連 ^[extracted]",
        "沿革 ^[extracted]",
        "2. 事業セグメント・マップ",
        "「Vitality」健康増進型保険でリーディング差別化",
        "海外 2 軸プラットフォーム"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3753,
      "word_like_tokens": 577,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "life-insurers/taiju-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/taiju-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/taiju-life.md",
      "title": "大樹生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against はなさく生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "大樹生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/INDEX",
        "life-insurers/asahi-life",
        "life-insurers/fukoku-life",
        "life-insurers/hanasaku-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/fukoku-life",
        "https://finwiki.zksc.io/life-insurers/hanasaku-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2096,
      "word_like_tokens": 320,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/taiyo-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/taiyo-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/taiyo-life.md",
      "title": "太陽生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 大同生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "太陽生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/economic-value-based-solvency",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/daido-life",
        "life-insurers/td-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/td-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2079,
      "word_like_tokens": 334,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/td-financial-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/td-financial-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/td-financial-life.md",
      "title": "T&Dフィナンシャル生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "T&Dフィナンシャル生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/daido-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2110,
      "word_like_tokens": 345,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/td-hd.md",
      "url": "https://finwiki.zksc.io/life-insurers/td-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/td-hd.md",
      "title": "T&D ホールディングス (T&D Holdings)",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一ライフグループ / 旧 第一生命 HD for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "T&D ホールディングス (T&D Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要 KPI（直近公開ベース）^[extracted]",
        "主要子会社・持分",
        "主要株主構成（公開情報ベース）",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "3 セグメント差別化戦略（最大特徴）"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/kampo-life",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "megabanks/sony-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3668,
      "word_like_tokens": 641,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/tokio-marine-nichido-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/tokio-marine-nichido-life.md",
      "title": "東京海上日動あんしん生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against 第一フロンティア生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "東京海上日動あんしん生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/life-insurance-channel-mix",
        "life-insurers/INDEX",
        "life-insurers/dai-ichi-frontier-life",
        "life-insurers/sompo-himawari-life",
        "non-life-insurers/msad",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/life-insurance-channel-mix",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-frontier-life",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2199,
      "word_like_tokens": 348,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "life-insurers/zurich-life.md",
      "url": "https://finwiki.zksc.io/life-insurers/zurich-life",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/life-insurers/zurich-life.md",
      "title": "チューリッヒ生命保険",
      "domain": "life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under life-insurers INDEX. Read it against クレディ・アグリコル生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "チューリッヒ生命保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/internet-life-insurance-business-model",
        "life-insurers/INDEX",
        "life-insurers/credit-agricole-life",
        "life-insurers/lifenet",
        "life-insurers/orix-life",
        "life-insurers/sbi-life",
        "non-life-insurers/zurich-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/internet-life-insurance-business-model",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/life-insurers/credit-agricole-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/orix-life",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/non-life-insurers/zurich-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2131,
      "word_like_tokens": 335,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "loyalty/INDEX.md",
      "url": "https://finwiki.zksc.io/loyalty/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/INDEX.md",
      "title": "loyalty domain",
      "domain": "loyalty",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes point programs, loyalty liabilities, campaign economics, and retail / payment data loops. The current anchor is Japan points and loyalty landscape.",
      "headings": [
        "loyalty domain",
        "TL;DR",
        "Route Map",
        "Active Entries",
        "Expansion Backlog",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "card-issuers/jal-card",
        "card-issuers/jr-east-financial",
        "financial-licenses/INDEX",
        "fintech/INDEX",
        "loyalty/au-pay-loyalty-ecosystem-deep",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation\\",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "loyalty/japan-points-landscape",
        "loyalty/jre-point-and-jre-bank-ecosystem",
        "loyalty/point-economy-funding-source-comparison",
        "loyalty/point-exchange-network-risk",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/point-program-unit-economics",
        "loyalty/ponta-points-deep-dive",
        "loyalty/rakuten-point-ecosystem-deep",
        "loyalty/retail-media-points-data-loop",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/card-issuers/jal-card",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/loyalty/au-pay-loyalty-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/jre-point-and-jre-bank-ecosystem",
        "https://finwiki.zksc.io/loyalty/point-economy-funding-source-comparison",
        "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/point-program-unit-economics",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/rakuten-point-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/retail-media-points-data-loop",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7447,
      "word_like_tokens": 1155,
      "last_modified": "2026-06-15"
    },
    {
      "source_path": "loyalty/au-pay-loyalty-ecosystem-deep.md",
      "url": "https://finwiki.zksc.io/loyalty/au-pay-loyalty-ecosystem-deep",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/au-pay-loyalty-ecosystem-deep.md",
      "title": "au PAY loyalty ecosystem deep — au PAY + Ponta + au Smart Pass + UQ Mobile + au Card + au Jibun Bank integrated stack",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the operator-deep page for the KDDI au-economic-zone loyalty stack, complementing d Point / au / docomo telco-point consolidation case (the cross-telco comparison view) and d Point detailed ecosystem (the docomo-side deep dive). Pair it with Ponta points deep d",
      "headings": [
        "au PAY loyalty ecosystem deep — au PAY + Ponta + au Smart Pass + UQ Mobile + au Card + au Jibun Bank integrated stack",
        "Wiki route",
        "TL;DR",
        "The six-layer integrated stack",
        "Pontaポイント — the loyalty-currency anchor (post-2020 \"au Ponta\")",
        "au PAY — the QR / barcode wallet layer",
        "au PAY Card — the credit-card layer",
        "au Smart Pass + au Smart Pass Premium — the bundled-subscription layer",
        "UQ Mobile + povo — the multi-line mobile-subscription strategy",
        "au じぶん銀行 — the bank-deposit anchor"
      ],
      "wikilinks": [
        "INDEX",
        "banking/rakuten-bank",
        "card-issuers/paypay-card",
        "financial-conglomerates/mitsubishi-corp",
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        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "loyalty/japan-points-landscape",
        "loyalty/jre-point-and-jre-bank-ecosystem",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "non-life-insurers/au-insurance",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/familymart-itochu-financial-integration",
        "retail/japan-retail-financial-distribution-wedge-matrix",
        "retail/lawson-kddi-retail-finance",
        "retail/lawson-mitsubishi-corporation-tie-up-2024-deep",
        "retail/seven-i-holdings-finance-deep-dive",
        "securities-firms/paypay-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/jre-point-and-jre-bank-ecosystem",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/familymart-itochu-financial-integration",
        "https://finwiki.zksc.io/retail/japan-retail-financial-distribution-wedge-matrix",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep",
        "https://finwiki.zksc.io/retail/seven-i-holdings-finance-deep-dive",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-08"
    },
    {
      "source_path": "loyalty/d-point-au-kddi-docomo-telco-point-consolidation.md",
      "url": "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/d-point-au-kddi-docomo-telco-point-consolidation.md",
      "title": "dポイント (NTT docomo) vs au PAY ポイント (KDDI) — telco-anchored Japan point consolidation",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty INDEX and is the telco-anchored counterpart to the finance-anchored V Point (SMBC × CCC) case. Read with Japan points and loyalty landscape for the cross-ecosystem map, point liability accounting boundary for the breakage / IFRS-15 treatment, and Japan code-payment comp",
      "headings": [
        "dポイント (NTT docomo) vs au PAY ポイント (KDDI) — telco-anchored Japan point consolidation",
        "Wiki route",
        "TL;DR",
        "Telco-anchored model — what subscriber identity buys",
        "Side-by-side comparison",
        "The Lawson question — overlapping retail anchor",
        "NTT docomo — d Point as the front-end of NDFG",
        "KDDI — au Point inside au FH",
        "Contrast with V Point — finance-anchored vs telco-anchored",
        "Issuance and accrual mechanics"
      ],
      "wikilinks": [
        "INDEX",
        "loyalty/INDEX",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "non-life-insurers/au-insurance",
        "payment-firms/au-payment",
        "payment-firms/rakuten-fg",
        "payments/japan-code-payment-competitive-map",
        "retail/INDEX",
        "retail/lawson-kddi-retail-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance"
      ],
      "markdown_links": [],
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      "entity_edges": [],
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      "word_like_tokens": 2349,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/d-point-detailed-ecosystem.md",
      "url": "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/d-point-detailed-ecosystem.md",
      "title": "d Point detailed ecosystem (NTT docomo) — accrual mechanics, d Card / d払い convergence, 2025 reform",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the operator-deep page for dポイント, pairing with d Point / au telco-point consolidation case for the comparative telco-anchor view, V Point (SMBC × CCC) case for the bank-anchored contrast, Japan points and loyalty landscape for the ecosystem map, point liability",
      "headings": [
        "d Point detailed ecosystem (NTT docomo) — accrual mechanics, d Card / d払い convergence, 2025 reform",
        "Wiki route",
        "TL;DR",
        "d-account, dポイントクラブ, and member scale",
        "2025 dポイントクラブ reform — rank-system overhaul",
        "Accrual rate at docomo services vs partner merchants",
        "d Card GOLD — the gold-status hurdle and economics",
        "d払い convergence — wallet, card, and bill payment",
        "Accounting recognition timing — IFRS 15 contract liability",
        "Coalition partner network — Lawson contention and others"
      ],
      "wikilinks": [
        "INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/INDEX",
        "retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison.md",
      "url": "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison.md",
      "title": "JAL Mileage Bank vs ANA Mileage Club — accrual, redemption, partner network, status tier, deferred-revenue accounting",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the frequent-flyer-program (FFP) comparison page for the two anchor Japanese airline loyalty programs. Pair it with Japan points landscape for the cross-loyalty-ecosystem context, point liability accounting boundary for the IFRS-15 contract-liability treatment",
      "headings": [
        "JAL Mileage Bank vs ANA Mileage Club — accrual, redemption, partner network, status tier, deferred-revenue accounting",
        "Wiki route",
        "TL;DR",
        "Program scale and identity layer",
        "Flight accrual",
        "Non-flight accrual",
        "Mileage redemption — seat inventory dominant",
        "Status-tier dynamics — FOP / PP and JGC / SFC",
        "Deferred-revenue accounting — IFRS 15 contract liability",
        "Partner-network depth — beyond alliance"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/jal-card",
        "card-issuers/jr-east-financial",
        "loyalty/INDEX",
        "loyalty/au-pay-loyalty-ecosystem-deep",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/jre-point-and-jre-bank-ecosystem",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "payment-firms/jal-payment-port",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/jal-card",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/au-pay-loyalty-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/jre-point-and-jre-bank-ecosystem",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/jal-payment-port",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/japan-points-landscape.md",
      "url": "https://finwiki.zksc.io/loyalty/japan-points-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/japan-points-landscape.md",
      "title": "Japan points and loyalty landscape",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's point economy is a payment distribution system, not just a discount habit. Rakuten Point, V Point, d Point, PayPay Point, WAON POINT, nanaco point, and card points decide which wallet, card, bank, mobile carrier, and retail app gets opened first.",
      "headings": [
        "Japan points and loyalty landscape",
        "TL;DR",
        "Main Programs",
        "Legal / Accounting Boundary",
        "Strategic Pattern",
        "Rakuten",
        "V Point / SMBC",
        "d Point / NDFG",
        "WAON / nanaco",
        "JapanFG Relevance"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/credit-saison",
        "card-issuers/jcb",
        "financial-licenses/INDEX",
        "loyalty/INDEX",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "regional-banks/seven-bank",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6282,
      "word_like_tokens": 1037,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/jre-point-and-jre-bank-ecosystem.md",
      "url": "https://finwiki.zksc.io/loyalty/jre-point-and-jre-bank-ecosystem",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/jre-point-and-jre-bank-ecosystem.md",
      "title": "JRE Point + JRE Bank ecosystem — Mobile Suica, ViewCard, and the JR-East loyalty stack",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the transit-anchored loyalty ecosystem deep dive for the JR-East group, extending the JR-East Financial Subsidiaries page with the loyalty / point-ecosystem perspective. Pair it with Japan points landscape for the cross-loyalty context, d Point detailed ecosyst",
      "headings": [
        "JRE Point + JRE Bank ecosystem — Mobile Suica, ViewCard, and the JR-East loyalty stack",
        "Wiki route",
        "TL;DR",
        "Ecosystem perimeter — the four anchors",
        "Mobile Suica + JRE POINT integration",
        "ViewCard — the captive credit-card layer",
        "JRE BANK — the 2024 BaaS-based bank brand",
        "The four-layer LTV ladder",
        "Comparison with peer loyalty ecosystems",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/tokyu-card",
        "banking/rakuten-bank",
        "card-issuers/aeon-bank",
        "card-issuers/jal-card",
        "card-issuers/jr-east-financial",
        "loyalty/INDEX",
        "loyalty/au-pay-loyalty-ecosystem-deep",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "payments/cashless-jp-landscape",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/seven-i-holdings-finance-deep-dive"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/rakuten-bank",
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        "https://finwiki.zksc.io/card-issuers/jal-card",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/au-pay-loyalty-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/seven-i-holdings-finance-deep-dive"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "loyalty/point-economy-funding-source-comparison.md",
      "url": "https://finwiki.zksc.io/loyalty/point-economy-funding-source-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/point-economy-funding-source-comparison.md",
      "title": "Japan point economy funding-source comparison (V / Rakuten / d / PayPay / Ponta anchors)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the cross-system comparison page: it reads the five major common-point systems side by side by the dimension that actually decides their economics — what anchors the program and who funds the point — rather than per-operator depth. It is the comparative complem",
      "headings": [
        "Japan point economy funding-source comparison (V / Rakuten / d / PayPay / Ponta anchors)",
        "Wiki route",
        "TL;DR",
        "The five anchors at a glance",
        "Funding source by anchor",
        "Why the anchor decides the economics",
        "Shared liabilities, different accounting pressure",
        "Why this matters for JapanFG / financial analysis",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-exchange-network-risk",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/point-program-unit-economics",
        "loyalty/ponta-points-deep-dive",
        "loyalty/rakuten-point-ecosystem-deep",
        "loyalty/retail-media-points-data-loop",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/point-program-unit-economics",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/rakuten-point-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/retail-media-points-data-loop",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8551,
      "word_like_tokens": 1405,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "loyalty/point-exchange-network-risk.md",
      "url": "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/point-exchange-network-risk.md",
      "title": "Point exchange network risk (JP cross-program conversion economics)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the cross-program exchange page — the mechanism layer beneath the program directory in Japan points and loyalty landscape. It pairs with point liability accounting boundary (which defines how a conversion splits into a liability-transfer event plus a settlement",
      "headings": [
        "Point exchange network risk (JP cross-program conversion economics)",
        "Wiki route",
        "TL;DR",
        "Why exchange turns a point into a network",
        "The five risk surfaces",
        "Settlement and counterparty risk",
        "Rate / FX-like exposure",
        "Breakage mis-estimation",
        "Arbitrage and laundering vectors",
        "Cash-equivalence drift"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-licenses/payment-license-stack",
        "loyalty/INDEX",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10497,
      "word_like_tokens": 1797,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/point-liability-accounting-boundary.md",
      "url": "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/point-liability-accounting-boundary.md",
      "title": "Point liability accounting boundary (JP loyalty programs)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "\"Points\" in Japan are not one accounting concept. The same word covers (1) marketing-promotional grants that are pure expense, (2) loyalty liabilities that are deferred revenue under IFRS 15 / ASBJ Statement No.29, (3) breakage assumptions that drive when revenue is finally recognised, (4) purchased",
      "headings": [
        "Point liability accounting boundary (JP loyalty programs)",
        "TL;DR",
        "Five accounting buckets",
        "1. Marketing-promotional cost (no contract liability)",
        "2. Loyalty liability under IFRS 15 / ASBJ Statement No.29",
        "3. Breakage assumption (when deferred revenue is recognised)",
        "4. Purchased / charged value (prepaid boundary)",
        "5. Cross-program exchange points (settlement leg + accounting timing)",
        "Operator examples",
        "Why this boundary matters for JapanFG analysis"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "financial-licenses/INDEX",
        "financial-licenses/payment-license-stack",
        "fintech/INDEX",
        "loyalty/INDEX",
        "loyalty/japan-points-landscape",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10233,
      "word_like_tokens": 1686,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/point-program-unit-economics.md",
      "url": "https://finwiki.zksc.io/loyalty/point-program-unit-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/point-program-unit-economics.md",
      "title": "Point program unit economics (JP loyalty funding, float, breakage, CPA)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the unit-economics / funding-mechanics page. It is the economic complement to point liability accounting boundary: that page asks how a point is classified, this page asks whether the program makes money and who pays. It reads alongside the program map in Japan",
      "headings": [
        "Point program unit economics (JP loyalty funding, float, breakage, CPA)",
        "Wiki route",
        "TL;DR",
        "The unit-economics equation",
        "Funding: who actually pays for the point",
        "Breakage: the margin engine",
        "Float: the interest-free funding balance",
        "Balance-sheet view: the liability as customer-funded float",
        "How it differs from prepaid stored value",
        "The risk side of the float"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-exchange-network-risk",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/point-program-unit-economics",
        "loyalty/retail-media-points-data-loop",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-prepaid-electronic-money-operator-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/point-program-unit-economics",
        "https://finwiki.zksc.io/loyalty/retail-media-points-data-loop",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-prepaid-electronic-money-operator-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11401,
      "word_like_tokens": 1877,
      "last_modified": "2026-06-15"
    },
    {
      "source_path": "loyalty/ponta-points-deep-dive.md",
      "url": "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/ponta-points-deep-dive.md",
      "title": "Ponta points deep dive — Loyalty Marketing Inc., KDDI au PAY integration, Lawson + Mitsubishi anchor",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the deep operator page for Pontaポイント, pairing with d Point / au (KDDI) telco-point consolidation case for the strategic framing of au PAY ポイント (the unified brand that absorbed Ponta on the wallet side in 2024-12), V Point (SMBC × CCC) case for the bank-anchored",
      "headings": [
        "Ponta points deep dive — Loyalty Marketing Inc., KDDI au PAY integration, Lawson + Mitsubishi anchor",
        "Wiki route",
        "TL;DR",
        "Loyalty Marketing, Inc. — the operator entity",
        "KDDI au PAY linkage — 2024-12 brand unification",
        "Lawson + Ponta + au — the integration triangle",
        "Recruit ecosystem — じゃらん, Hot Pepper, GEO",
        "Comparison with d-Point, PayPay Points, and V-Point",
        "JAL mileage exchange — airline alliance",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "non-life-insurers/au-insurance",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/INDEX",
        "retail/lawson-kddi-retail-finance",
        "retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12359,
      "word_like_tokens": 2037,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/rakuten-point-ecosystem-deep.md",
      "url": "https://finwiki.zksc.io/loyalty/rakuten-point-ecosystem-deep",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/rakuten-point-ecosystem-deep.md",
      "title": "Rakuten Point ecosystem deep (楽天ポイント / 楽天経済圏 SPU flywheel)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the single-operator deep dive for Rakuten Point — the EC-anchored counterpart to the bank-led V Point (SMBC × CCC) case, the telco-led d Point detailed ecosystem, and the wallet-led SoftBank / Yahoo / PayPay unified points. It expands the Rakuten row in Japan p",
      "headings": [
        "Rakuten Point ecosystem deep (楽天ポイント / 楽天経済圏 SPU flywheel)",
        "Wiki route",
        "TL;DR",
        "Program shape",
        "The SPU flywheel: why \"reward rate\" is endogenous",
        "Funding and economics",
        "Accounting and legal boundary",
        "Where Rakuten sits among the majors",
        "Why this matters for JapanFG / financial analysis",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-exchange-network-risk",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/point-program-unit-economics",
        "loyalty/ponta-points-deep-dive",
        "loyalty/retail-media-points-data-loop",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/edy-rakuten-prepaid",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/point-program-unit-economics",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/retail-media-points-data-loop",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/edy-rakuten-prepaid",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9025,
      "word_like_tokens": 1514,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/retail-media-points-data-loop.md",
      "url": "https://finwiki.zksc.io/loyalty/retail-media-points-data-loop",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/retail-media-points-data-loop.md",
      "title": "Retail-media points data loop (JP point programs as ID-graph infrastructure)",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the data-loop / ID-graph economics page — the layer that explains why the program directory in Japan points and loyalty landscape exists at all once you look past the discount. It pairs with point exchange network risk (the value-transfer network) and point lia",
      "headings": [
        "Retail-media points data loop (JP point programs as ID-graph infrastructure)",
        "Wiki route",
        "TL;DR",
        "The four-stage loop",
        "Why points beat a plain loyalty card for data",
        "Retail media: closing the measurement loop",
        "Where this sits against the other point networks",
        "The binding constraint: APPI and consent",
        "Why this matters for JapanFG / financial analysis",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "loyalty/INDEX",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-exchange-network-risk",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/japan-merchant-psp-competitive-scorecard",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/japan-retail-financial-distribution-wedge-matrix",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-exchange-network-risk",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/japan-merchant-psp-competitive-scorecard",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/japan-retail-financial-distribution-wedge-matrix",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/sb-yahoo-paypay-points-unified-ecosystem.md",
      "url": "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/sb-yahoo-paypay-points-unified-ecosystem.md",
      "title": "SoftBank / Yahoo / PayPay unified points ecosystem — 2022 unification, 2025 LY integration, accounting",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the wallet-anchored common-point deep page, complementing the bank-anchored V Point case, the telco-anchored d Point detailed ecosystem and d Point / au telco-point consolidation case, the coalition-anchored Ponta points deep dive, and the post-merger detail in",
      "headings": [
        "SoftBank / Yahoo / PayPay unified points ecosystem — 2022 unification, 2025 LY integration, accounting",
        "Wiki route",
        "TL;DR",
        "2022 unification — the consolidation event",
        "2023-10 LY Corporation integration — parent-level alignment",
        "2025 LINE Yahoo points integration — LINE Pay termination consequences",
        "Member ID base and reach",
        "Accounting treatment — campaign cost vs contract liability",
        "Comparison with other major common points",
        "PayPay Card integration"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/paypay-card",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/t-point-v-point-post-2024-merger",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/famipay-valucreate-strategy",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/INDEX",
        "securities-firms/paypay-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12721,
      "word_like_tokens": 2062,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/t-point-v-point-post-2024-merger.md",
      "url": "https://finwiki.zksc.io/loyalty/t-point-v-point-post-2024-merger",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/t-point-v-point-post-2024-merger.md",
      "title": "T-Point + V-Point post-2024 merger — dual-brand transition, CCCMK Holdings, points-liability transfer",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under loyalty index as the post-2024-04-22 operational detail page for the T-Point + V-Point unification, complementing the strategic V Point (SMBC × CCC) bank-led common-point case entry that documents the structural framing. Read with Japan points and loyalty landscape for the ecos",
      "headings": [
        "T-Point + V-Point post-2024 merger — dual-brand transition, CCCMK Holdings, points-liability transfer",
        "Wiki route",
        "TL;DR",
        "Timeline of the merger and the dual-brand transition",
        "CCCMK Holdings — the joint venture vehicle",
        "Dual-brand mechanics — what's TSUTAYA-branded vs SMBC-branded",
        "Comparison with PayPay Points",
        "Points-liability transfer mechanics — IFRS 15 / ASBJ 29 framing",
        "SBI alliance — investment-product attachment as the bank-led differentiation",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/smbc-card",
        "loyalty/INDEX",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "retail/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/sb-yahoo-paypay-points-unified-ecosystem",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/retail/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12819,
      "word_like_tokens": 2197,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "loyalty/v-point-smbc-ccc-case.md",
      "url": "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/loyalty/v-point-smbc-ccc-case.md",
      "title": "V Point (SMBC × CCC) — bank-led common-point case",
      "domain": "loyalty",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "V Point in its current form (2024-04-22 onward) is the bank-led common-point case of Japan: SMBC's existing V Point and CCCMK Holdings' T Point unified into a single point under the V Point brand, with SMFG's SMBC Card (SMCC) as the issuing financial backbone and the payments / retail partner networ",
      "headings": [
        "V Point (SMBC × CCC) — bank-led common-point case",
        "TL;DR",
        "Timeline",
        "Players",
        "Mechanics",
        "Scale and partner-merchant rollover",
        "Competitive positioning",
        "Why this matters for JapanFG analysis",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/smbc-card",
        "loyalty/INDEX",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7706,
      "word_like_tokens": 1362,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "manufacturer-finance/INDEX.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/INDEX.md",
      "title": "manufacturing — Japanese manufacturing company index",
      "domain": "manufacturer-finance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "manufacturer-finance/ contains 13 active entries (excluding INDEX, 14 total). The domain scope is manufacturer-finance: the captive, vendor, export, and floorplan finance MECHANISMS plus the captive / vendor / export finance arms run by industrial groups, and the operating-company anchors they sit b",
      "headings": [
        "manufacturing — Japanese manufacturing company index",
        "TL;DR",
        "Entries",
        "Tier 0 — Finance mechanisms",
        "Tier 1a — Japanese-OEM auto captives",
        "Tier 1b — Industrial-conglomerate finance arms",
        "Tier 2 — Operating-company / regional anchors",
        "Expansion rules",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "finance/INDEX",
        "leasing-firms/toyota-financial",
        "manufacturer-finance/export-finance-mechanism",
        "manufacturer-finance/floorplan-finance-mechanism",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/komatsu-captive-finance",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/nissan-financial-services",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/seiko-epson",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "manufacturer-finance/vendor-finance-mechanism",
        "regional-banks/hachijuni-bank",
        "structured-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/floorplan-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/komatsu-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/nissan-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5429,
      "word_like_tokens": 764,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "manufacturer-finance/export-finance-mechanism.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/export-finance-mechanism.md",
      "title": "Export Finance Mechanism (輸出金融の仕組み — buyer credit / supplier credit / ECA)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index as the mechanism page behind export-oriented manufacturer finance. The Japanese manufacturer that runs this mechanism most visibly is documented in MHI 輸出金融; Hitachi 産業金融 uses the same ECA stack for rail and energy exports. It is the cross-border sibling of",
      "headings": [
        "Export Finance Mechanism (輸出金融の仕組み — buyer credit / supplier credit / ECA)",
        "Wiki route",
        "TL;DR",
        "1. buyer credit と supplier credit",
        "2. ECA の「公的支援」3 形態",
        "3. OECD Arrangement (国際ルール)",
        "4. 案件組成の流れ (典型例)",
        "5. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/vendor-finance-mechanism",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement",
        "structured-finance/infrastructure-finance-spv-japan",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/structured-finance/infrastructure-finance-spv-japan",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6249,
      "word_like_tokens": 921,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/floorplan-finance-mechanism.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/floorplan-finance-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/floorplan-finance-mechanism.md",
      "title": "Floorplan / Wholesale Finance Mechanism (フロアプラン・在庫金融の仕組み)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index as a mechanism page, focused on the upstream (dealer-inventory) half of manufacturer finance. It is the wholesale-side complement to the downstream (consumer) captive / vendor finance mechanism, and a sibling to export finance mechanism. The OEM finance arms",
      "headings": [
        "Floorplan / Wholesale Finance Mechanism (フロアプラン・在庫金融の仕組み)",
        "Wiki route",
        "TL;DR",
        "1. floorplan finance とは何か",
        "2. なぜ floorplan が必要か (ディーラー視点 / メーカー視点)",
        "3. curtailment と audit (滞留・不正の管理)",
        "4. 主体別の floorplan 提供パターン",
        "5. 規制・政策・funding",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/export-finance-mechanism",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/komatsu-captive-finance",
        "manufacturer-finance/nissan-financial-services",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/vendor-finance-mechanism",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/komatsu-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/nissan-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6963,
      "word_like_tokens": 986,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/hitachi-industrial-finance-platform.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/hitachi-industrial-finance-platform.md",
      "title": "Hitachi Industrial Finance Platform (日立グループ産業金融プラットフォーム)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index. Read it against Toyota Motor and Mitsubishi Heavy export finance for peer industrial-finance contrast, 旧 日立キャピタル for the legacy captive-leasing entity history, 三菱HCキャピタル for the post-2021 surviving merged entity, and manufacturer-finance INDEX for the broad",
      "headings": [
        "Hitachi Industrial Finance Platform (日立グループ産業金融プラットフォーム)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と金融部門の位置",
        "金融部門の位置 (post-2021)",
        "2. 事業ライン × 金融組成パターン",
        "3. KPI (FY2024, 連結ベース)",
        "4. 戦略 (Connect, Build, Finance)",
        "5. 規制・政策",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "leasing-firms/hitachi-capital",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/nexi"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/leasing-firms/hitachi-capital",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/nexi"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6048,
      "word_like_tokens": 943,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/honda-finance.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/honda-finance.md",
      "title": "Honda Finance (ホンダ captive auto-finance arm / American Honda Finance Corporation)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index and is the Honda-side complement to Toyota Financial Services — the two largest Japanese-OEM auto captives. Read it against Toyota Motor for the parent-OEM contrast, and against Panasonic 顧客金融, Sony FG, Hitachi 産業金融, MHI 輸出金融 for peer industrial-conglomerate",
      "headings": [
        "Honda Finance (ホンダ captive auto-finance arm / American Honda Finance Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と製造業視点",
        "製造業視点のグループ構造",
        "Honda Motor 本体との関係",
        "2. 製品 / 事業ライン × 製造業視点での意義",
        "自動車 ABS との接続",
        "3. 主要指標 (定性 + 公開ベース)",
        "4. 戦略 (Residual Value + EV + Brand-Split)"
      ],
      "wikilinks": [
        "INDEX",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/export-finance-mechanism",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "manufacturer-finance/vendor-finance-mechanism",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8004,
      "word_like_tokens": 1238,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/komatsu-captive-finance.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/komatsu-captive-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/komatsu-captive-finance.md",
      "title": "Komatsu Captive Finance (コマツ顧客金融 / Komatsu Financial)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index as the construction- / heavy-equipment captive, complementing the auto captives Toyota Financial Services, Honda Finance, and Nissan Financial Services. Because Komatsu's finance is B2B equipment finance, the closest mechanism page is captive / vendor financ",
      "headings": [
        "Komatsu Captive Finance (コマツ顧客金融 / Komatsu Financial)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と製造業視点",
        "製造業視点のグループ構造",
        "Komatsu Ltd 本体との関係",
        "2. 製品 / 事業ライン × 製造業視点での意義",
        "設備リース ABS との接続",
        "3. 主要指標 (定性 + 公開ベース)",
        "4. 戦略 (Residual Value + B2B + Lifecycle)"
      ],
      "wikilinks": [
        "INDEX",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/export-finance-mechanism",
        "manufacturer-finance/floorplan-finance-mechanism",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/nissan-financial-services",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/vendor-finance-mechanism",
        "structured-finance/japan-equipment-lease-abs"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/floorplan-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/nissan-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8014,
      "word_like_tokens": 1109,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/mitsubishi-heavy-export-finance.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/mitsubishi-heavy-export-finance.md",
      "title": "Mitsubishi Heavy Export Finance (三菱重工 輸出金融プラットフォーム)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index. Read it against Hitachi 産業金融, Panasonic 顧客金融, Sony FG, and Toyota Financial Services for peer industrial-conglomerate finance arms. Pair with JBIC・NEXI for the policy-finance counterpart, JETRO vs NEXI vs JBIC for the export-support stack overview, and 三菱商事",
      "headings": [
        "Mitsubishi Heavy Export Finance (三菱重工 輸出金融プラットフォーム)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と金融部門の位置",
        "金融組成の位置 (プログラム別)",
        "2. 製品 / 事業ライン × 輸出金融組成パターン",
        "主要プログラム (2024-2026)",
        "3. KPI (FY2024 連結)",
        "4. 戦略 (Energy Transition + Defense + Project Finance)",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "leasing-firms/mitsubishi-hc-capital",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/seiko-epson",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/nexi",
        "trade/jetro-vs-nexi-vs-jbic-comparison",
        "trading-company-finance/mitsubishi-corp-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6898,
      "word_like_tokens": 1058,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/nissan-financial-services.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/nissan-financial-services",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/nissan-financial-services.md",
      "title": "Nissan Financial Services (日産系 captive auto-finance arm / Nissan Motor Acceptance Company)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index and is the third pillar of the Japanese-OEM auto-captive trio alongside Toyota Financial Services and Honda Finance. Read it against Toyota Motor for the parent-OEM contrast, and against Panasonic 顧客金融, Sony FG, MHI 輸出金融 for peer industrial-conglomerate fina",
      "headings": [
        "Nissan Financial Services (日産系 captive auto-finance arm / Nissan Motor Acceptance Company)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と製造業視点",
        "製造業視点のグループ構造",
        "Nissan Motor 本体との関係",
        "2. 製品 / 事業ライン × 製造業視点での意義",
        "自動車 ABS との接続",
        "3. 主要指標 (定性 + 公開ベース)",
        "4. 戦略 (Residual Value + EV + Brand-Split + Wholesale)"
      ],
      "wikilinks": [
        "INDEX",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/floorplan-finance-mechanism",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "manufacturer-finance/vendor-finance-mechanism",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/floorplan-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8255,
      "word_like_tokens": 1253,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/panasonic-captive-finance.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/panasonic-captive-finance.md",
      "title": "Panasonic Captive Finance (パナソニック顧客金融)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index. Read it against Hitachi 産業金融, Sony FG, MHI 輸出金融, and Toyota Financial Services for peer industrial-conglomerate finance arms. Pair with SMFL (三井住友ファイナンス&リース) and MUFG for the bank-side counterpart of Panasonic's B2B vendor-finance flows, manufacturer-financ",
      "headings": [
        "Panasonic Captive Finance (パナソニック顧客金融)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と金融部門の位置",
        "金融部門の位置 (2022 持株会社制移行後)",
        "2. 製品 / 事業ライン × 金融組成パターン",
        "3. KPI (FY2024 連結)",
        "4. 戦略 (Operational Excellence + Energy)",
        "5. 規制・政策",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/seiko-epson",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/nexi"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/nexi"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5930,
      "word_like_tokens": 921,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/seiko-epson.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/seiko-epson.md",
      "title": "Seiko Epson Corporation (セイコーエプソン)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index. Read it with hachijuni-bank for Nagano regional-bank / manufacturer context, Toyota Motor Corporation (トヨタ自動車) for adjacent manufacturer-finance anchors, and FinWiki index for the broader system boundary.",
      "headings": [
        "Seiko Epson Corporation (セイコーエプソン)",
        "Wiki route",
        "TL;DR",
        "1. Company / operating-segment boundary",
        "2. Treasury / balance-sheet anchor",
        "3. Why it matters for finance pages",
        "4. Risk / policy map",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "leasing-firms/INDEX",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/toyota-motor",
        "regional-banks/hachijuni-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/leasing-firms/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6610,
      "word_like_tokens": 1007,
      "last_modified": "2026-06-25"
    },
    {
      "source_path": "manufacturer-finance/sony-group-finance-arm.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/sony-group-finance-arm.md",
      "title": "Sony Group Finance Arm (ソニーグループ 金融事業アーム)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "megabanks/sony-fg",
      "summary": "This entry sits under manufacturing index. Read it against Hitachi industrial finance, Panasonic captive finance, Toyota Financial Services, and MHI 輸出金融 for peer industrial-conglomerate finance arms. Pair with ソニーフィナンシャルグループ (SFG) for the entity profile, Sony FG partial spinoff case for the 2025 ca",
      "headings": [
        "Sony Group Finance Arm (ソニーグループ 金融事業アーム)",
        "Wiki route",
        "TL;DR",
        "1. ソニーグループにおける金融部門の位置",
        "主要子会社 (FY2025 想定)",
        "2. 製品 / 事業ライン (グループ全体マップ)",
        "3. KPI (FY2024 連結 + SFG セグメント)",
        "4. 戦略 (金融分離と再上場)",
        "5. 規制・政策",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "business/sony-fg-partial-spinoff-case",
        "corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "life-insurers/sony-life",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/toyota-financial-services",
        "megabanks/sony-fg",
        "non-life-insurers/sony-insurance",
        "regional-banks/sony-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/sony-fg-partial-spinoff-case",
        "https://finwiki.zksc.io/corporate-strategy/japan-kabushiki-bunpai-spinoff-regime",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/regional-banks/sony-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5672,
      "word_like_tokens": 929,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "manufacturer-finance/toyota-financial-services.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/toyota-financial-services.md",
      "title": "Toyota Financial Services (トヨタファイナンシャルサービス 製造業視点アンカー)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "leasing-firms/toyota-financial",
      "summary": "This entry sits under manufacturing index and complements Toyota Financial Services (JapanFG entity profile) and トヨタファイナンス (国内オペレーティング会社). The manufacturing entry exists to look at TFS from the parent OEM's manufacturing/strategy perspective: how Toyota uses the largest auto captive finance in the w",
      "headings": [
        "Toyota Financial Services (トヨタファイナンシャルサービス 製造業視点アンカー)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造と製造業視点",
        "製造業視点のグループ構造",
        "Toyota Motor 本体との関係",
        "2. 製品 / 事業ライン × 製造業視点での意義",
        "自動車 ABS との接続",
        "3. KPI (FY2024 連結 + 金融セグメント)",
        "4. 戦略 (Residual Value + EV + Mobility)"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/toyota-finance",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "leasing-firms/toyota-financial",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/sony-group-finance-arm",
        "manufacturer-finance/toyota-motor",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "trading-company-finance/toyota-tsusho-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/sony-group-finance-arm",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7288,
      "word_like_tokens": 1131,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "manufacturer-finance/toyota-motor.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/toyota-motor.md",
      "title": "Toyota Motor Corporation (トヨタ自動車)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index. Read it against Seiko Epson Corporation (セイコーエプソン) for peer / contrast context and manufacturer-finance INDEX for the broader system / regulatory boundary.",
      "headings": [
        "Toyota Motor Corporation (トヨタ自動車)",
        "Wiki route",
        "TL;DR",
        "1. 会社構造",
        "2. 事業ライン map",
        "3. 戦略と競合",
        "4. 規制と政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "leasing-firms/toyota-financial",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/seiko-epson",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2900,
      "word_like_tokens": 441,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "manufacturer-finance/vendor-finance-mechanism.md",
      "url": "https://finwiki.zksc.io/manufacturer-finance/vendor-finance-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/manufacturer-finance/vendor-finance-mechanism.md",
      "title": "Captive / Vendor Finance Mechanism (captive・vendor finance の仕組み)",
      "domain": "manufacturer-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under manufacturing index as the mechanism page behind the domain's company profiles. The OEM finance arms that run this mechanism are documented in Toyota Financial Services, Honda Finance, Panasonic 顧客金融, and Hitachi 産業金融. For the cross-border variant — exporting capital goods with",
      "headings": [
        "Captive / Vendor Finance Mechanism (captive・vendor finance の仕組み)",
        "Wiki route",
        "TL;DR",
        "1. captive と vendor finance の定義",
        "2. なぜメーカーは captive を持つのか (4 つの動機)",
        "3. Residual Value (残価) リスクの仕組み",
        "4. Funding: captive はどう資金を調達するか",
        "5. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "manufacturer-finance/INDEX",
        "manufacturer-finance/export-finance-mechanism",
        "manufacturer-finance/hitachi-industrial-finance-platform",
        "manufacturer-finance/honda-finance",
        "manufacturer-finance/mitsubishi-heavy-export-finance",
        "manufacturer-finance/panasonic-captive-finance",
        "manufacturer-finance/seiko-epson",
        "manufacturer-finance/toyota-financial-services",
        "manufacturer-finance/toyota-motor",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "structured-finance/japan-equipment-lease-abs"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/manufacturer-finance/export-finance-mechanism",
        "https://finwiki.zksc.io/manufacturer-finance/hitachi-industrial-finance-platform",
        "https://finwiki.zksc.io/manufacturer-finance/honda-finance",
        "https://finwiki.zksc.io/manufacturer-finance/mitsubishi-heavy-export-finance",
        "https://finwiki.zksc.io/manufacturer-finance/panasonic-captive-finance",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-financial-services",
        "https://finwiki.zksc.io/manufacturer-finance/toyota-motor",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7071,
      "word_like_tokens": 1024,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "megabanks/INDEX.md",
      "url": "https://finwiki.zksc.io/megabanks/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/INDEX.md",
      "title": "megabanks — Japan megabanks and financial-group holding companies index",
      "domain": "megabanks",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "megabanks/ is a standalone top-level domain, split out of the former JapanFG entity umbrella. It covers Japan's mega-bank groups and financial-group holding companies: the three mega-bank groups (MUFG / SMFG / Mizuho) and their core banks, the Resona group, telecom / platform financial groups, the p",
      "headings": [
        "megabanks — Japan megabanks and financial-group holding companies index",
        "Scope",
        "Disambiguation",
        "Placement Rule",
        "Members",
        "Three megabank groups and core banks (10)",
        "Telecom / platform financial groups (4)",
        "Postal financial group (2)",
        "Internet financial group (2)",
        "Conglomerate structure overview (1)"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "cooperative-banks/INDEX",
        "financial-licenses/INDEX",
        "megabanks/au-fh",
        "megabanks/japan-financial-conglomerate-structure-overview",
        "megabanks/japan-post-holdings",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/ndfg",
        "megabanks/nippon-post",
        "megabanks/paypay-fg",
        "megabanks/resona-bank",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank",
        "megabanks/sbi-hd",
        "megabanks/sbi-regional-bank-hd",
        "megabanks/slug",
        "megabanks/smbc",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "regional-banks/INDEX",
        "trust-banks/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/japan-financial-conglomerate-structure-overview",
        "https://finwiki.zksc.io/megabanks/japan-post-holdings",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/saitama-resona-bank",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3084,
      "word_like_tokens": 473,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "megabanks/au-fh.md",
      "url": "https://finwiki.zksc.io/megabanks/au-fh",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/au-fh.md",
      "title": "au フィナンシャルホールディングス (au-FH)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against PayPay 金融グループ for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "au フィナンシャルホールディングス (au-FH)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "KPI 実績（KDDI 公式 IR・auじぶん銀行 公式 PR ベース）",
        "主要子会社・持分（公開情報ベース）",
        "重要年表（抜粋）^[extracted]",
        "沿革トピック",
        "2. 事業セグメント・マップ",
        "戦略コア：通信 × コンビニ × 金融 経済圏 + IPO 独立化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "life-insurers/lifenet",
        "megabanks/INDEX",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 10229,
      "word_like_tokens": 1977,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/japan-financial-conglomerate-structure-overview.md",
      "url": "https://finwiki.zksc.io/megabanks/japan-financial-conglomerate-structure-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/japan-financial-conglomerate-structure-overview.md",
      "title": "Japan financial conglomerate structure overview",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A Japanese financial conglomerate (金融コングロマリット / 金融グループ) is a group of regulated financial entities organized under a single ultimate parent — typically a financial holding company (持株会社 / FHC) — that consolidates bank, trust, securities, insurance, payment, consumer-finance, asset-management, and (i",
      "headings": [
        "Japan financial conglomerate structure overview",
        "TL;DR",
        "Wiki route",
        "1. Mega-bank FG (G-SIB tier)",
        "2. Trust-dominant FG (independent trust line)",
        "3. Postal and policy-finance institutions",
        "4. Communications and payment FG (telecom / EC-origin conglomerates)",
        "5. Independent securities / asset-management FG",
        "6. Regional bank FG",
        "FSA Conglomerate Supervision"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/mufg-asset-management",
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-master-trust-and-custody-bank-landscape",
        "banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "banking/jf-marine-bank-system-japan",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "banking/sony-bank",
        "card-issuers/mufg-nicos",
        "card-issuers/paypay-card",
        "cooperative-banks/norinchukin",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-licenses/INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "fintech/embedded-wallet-fintech-disintermediation-overview",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "life-insurers/kampo-life",
        "life-insurers/sony-life",
        "megabanks/INDEX",
        "megabanks/au-fh",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/ndfg",
        "megabanks/nippon-post",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "non-life-insurers/au-insurance",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokuhoku-fg",
        "regional-banks/kyoto-fg",
        "regional-banks/kyushu-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yucho",
        "securities-firms/daiwa-sg",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/paypay-securities",
        "securities-firms/smbc-nikko",
        "trust-banks/sumitomo-mitsui-trust"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-master-trust-and-custody-bank-landscape",
        "https://finwiki.zksc.io/banking/japan-regional-bank-m-a-consolidation-family-tree-matrix",
        "https://finwiki.zksc.io/banking/japan-trust-bank-vs-global-custodian-comparison-matrix",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/banking/sony-bank",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/fintech/embedded-wallet-fintech-disintermediation-overview",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/regional-banks/yucho",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/paypay-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11986,
      "word_like_tokens": 1827,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "megabanks/japan-post-holdings.md",
      "url": "https://finwiki.zksc.io/megabanks/japan-post-holdings",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/japan-post-holdings.md",
      "title": "日本郵政株式会社",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against ゆうちょ銀行 (7182) and かんぽ生命 (7181) for its main金融子会社, and against 金融庁 / 日本銀行 for the broader system / regulatory boundary.",
      "headings": [
        "日本郵政株式会社",
        "Wiki route",
        "TL;DR",
        "1. 法人構造",
        "グループ構造",
        "重要年表",
        "2. 事業セグメント",
        "法律上の保有義務",
        "政府保有比率推移",
        "トリプル IPO（2015-11-04）"
      ],
      "wikilinks": [
        "corporate-strategy/parent-subsidiary-listing",
        "financial-regulators/boj",
        "financial-regulators/fsa",
        "financial-regulators/japan-exchange-group",
        "life-insurers/kampo-life",
        "megabanks/INDEX",
        "megabanks/japan-post-co",
        "regional-banks/japan-post-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4256,
      "word_like_tokens": 650,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "megabanks/mizuho-bank.md",
      "url": "https://finwiki.zksc.io/megabanks/mizuho-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/mizuho-bank.md",
      "title": "みずほ銀行 (Mizuho Bank)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX (its domain route). Read it against 三菱UFJ銀行 (MUFG Bank) for peer / contrast (another 都市銀行 megabank operating company), and against the FSA for the supervisory / regulatory boundary. The group / parent view lives on みずほ FG; the trust and securities siblings on みず",
      "headings": [
        "みずほ銀行 (Mizuho Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/asset-management-one",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg-bank",
        "securities-firms/mizuho-securities",
        "trust-banks/mizuho-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/mizuho-fg",
          "evidence": "official_profile",
          "source": "https://www.mizuhobank.co.jp/company/info/profile/index.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "member_of_sro",
          "target": "financial-regulators/zenginkyo",
          "evidence": "industry_body_member_list",
          "source": "https://www.zenginkyo.or.jp/en/members/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2724,
      "word_like_tokens": 416,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/mizuho-fg.md",
      "url": "https://finwiki.zksc.io/megabanks/mizuho-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/mizuho-fg.md",
      "title": "みずほ FG (Mizuho FG)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "みずほ FG (Mizuho FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結）^[extracted]",
        "主要株主（2025-03-31）^[extracted]",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/INDEX",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 7732,
      "word_like_tokens": 1399,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/mufg-bank.md",
      "url": "https://finwiki.zksc.io/megabanks/mufg-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/mufg-bank.md",
      "title": "三菱UFJ銀行 (MUFG Bank)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX (its domain route). Read it against 三井住友銀行 (SMBC) for peer / contrast (the other 都市銀行 megabank operating company), and against the FSA for the supervisory / regulatory boundary. The group / parent view lives on MUFG; the trust sibling on 三菱UFJ信託銀行.",
      "headings": [
        "三菱UFJ銀行 (MUFG Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/post-megabank-positioning",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/mufg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "securities-firms/mufg-mums",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/mufg",
          "evidence": "official_profile",
          "source": "https://www.mufg.jp/profile/biz_and_network/group/index.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "member_of_sro",
          "target": "financial-regulators/zenginkyo",
          "evidence": "industry_body_member_list",
          "source": "https://www.zenginkyo.or.jp/en/members/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2678,
      "word_like_tokens": 429,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/mufg.md",
      "url": "https://finwiki.zksc.io/megabanks/mufg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/mufg.md",
      "title": "三菱 UFJ FG (MUFG)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against 三井住友 FG (SMFG / SMBC グループ) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "三菱 UFJ FG (MUFG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2026-03 期決算 (FY2026・連結, 2026-05-15 公表) ^[extracted]",
        "FY2027/3 業績予想 ^[extracted]",
        "2025-03 期決算（連結・前期比較用）^[extracted]",
        "主要株主（2025-03-31）^[extracted]",
        "主要子会社・持分",
        "合併歴史・前身"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 14148,
      "word_like_tokens": 2949,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/ndfg.md",
      "url": "https://finwiki.zksc.io/megabanks/ndfg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/ndfg.md",
      "title": "NTT ドコモ・フィナンシャルグループ (NDFG)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against 楽天インシュアランスホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "NTT ドコモ・フィナンシャルグループ (NDFG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "設立スキーム（公開資料ベース）^[extracted]",
        "親会社チェーン",
        "主要子会社・持分予定（公開発表ベース）",
        "重要年表（公開発表ベース）^[extracted]",
        "2. 事業セグメント・マップ",
        "通信系 FG「第 4 極」の位置付け"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/INDEX",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "non-life-insurers/rakuten-insurance-hd",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6934,
      "word_like_tokens": 1243,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "megabanks/nippon-post.md",
      "url": "https://finwiki.zksc.io/megabanks/nippon-post",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/nippon-post.md",
      "title": "日本郵政 (Japan Post Holdings)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against かんぽ生命保険 (Japan Post Insurance) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "日本郵政 (Japan Post Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "株主構造（民営化法上の特例）^[extracted]",
        "主要子会社・持分",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "グループ統合シナジー",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/kampo-life",
        "megabanks/INDEX",
        "megabanks/japan-post-holdings",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/yucho"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/japan-post-holdings",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/yucho"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5592,
      "word_like_tokens": 920,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "megabanks/paypay-fg.md",
      "url": "https://finwiki.zksc.io/megabanks/paypay-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/paypay-fg.md",
      "title": "PayPay 金融グループ",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against au フィナンシャルホールディングス (au-FH) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "PayPay 金融グループ",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "コア事業者一覧",
        "主要 KPI（公開資料ベース、2025 年最新）",
        "資本関係（公開資料）",
        "合併歴史・前身",
        "重要年表",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/INDEX",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 8163,
      "word_like_tokens": 1600,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/resona-bank.md",
      "url": "https://finwiki.zksc.io/megabanks/resona-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/resona-bank.md",
      "title": "りそな銀行 (Resona Bank)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX (its domain route). Read it against 埼玉りそな銀行 (Saitama Resona Bank) for peer / contrast (its separately licensed Saitama-market sibling), and against the FSA for the supervisory / regulatory boundary. The group / parent view lives on りそな HD.",
      "headings": [
        "りそな銀行 (Resona Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/post-megabank-positioning",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/saitama-resona-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2074,
      "word_like_tokens": 310,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "megabanks/resona-hd.md",
      "url": "https://finwiki.zksc.io/megabanks/resona-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/resona-hd.md",
      "title": "りそなホールディングス (Resona Holdings)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against シティグループ・ジャパン (Citigroup Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "りそなホールディングス (Resona Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "公的資金注入・完済（再生史の核）^[extracted]",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "FY2024 連結決算（2025-03 期、IR 確認済）^[extracted]"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/post-megabank-positioning",
        "foreign-financial-institutions/citigroup-japan",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/minato-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/minato-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4636,
      "word_like_tokens": 785,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/saitama-resona-bank.md",
      "url": "https://finwiki.zksc.io/megabanks/saitama-resona-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/saitama-resona-bank.md",
      "title": "埼玉りそな銀行 (Saitama Resona Bank)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX (its domain route). Read it against りそな銀行 (Resona Bank) for peer / contrast (its sibling Resona-group core bank), and against the FSA for the supervisory / regulatory boundary. The group / parent view lives on りそな HD.",
      "headings": [
        "埼玉りそな銀行 (Saitama Resona Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/resona-bank",
        "megabanks/resona-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2041,
      "word_like_tokens": 301,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "megabanks/sbi-hd.md",
      "url": "https://finwiki.zksc.io/megabanks/sbi-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/sbi-hd.md",
      "title": "SBI ホールディングス (SBI HD)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SBI ホールディングス (SBI HD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "連結財務 KPI（FY2024/3 期 = 2025-03 期）^[extracted]",
        "主要株主（2025-07-17 時点）^[extracted]",
        "主要子会社・持分",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "「第 4 のメガバンク構想」（2020〜）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/shimane-bank",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/shimane-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 7685,
      "word_like_tokens": 1471,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/sbi-regional-bank-hd.md",
      "url": "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/sbi-regional-bank-hd.md",
      "title": "SBI 地銀ホールディングス",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SBI 地銀ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要構成要素",
        "2020 統合プラットフォーム化の戦略意図",
        "2. 主要事業",
        "パートナー地銀網（主要、時系列に出資した順）^[extracted]",
        "構想前史（2010 年代後半）",
        "「第 4 のメガバンク構想」提唱と SBI 地銀 HD への商号変更"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/jimoto-hd",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/shimane-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/shimane-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5898,
      "word_like_tokens": 989,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/smbc.md",
      "url": "https://finwiki.zksc.io/megabanks/smbc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/smbc.md",
      "title": "株式会社三井住友銀行 (SMBC)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against SMFG (親会社), MUFG 銀行, みずほ銀行 for peer / contrast (3 大メガバンク), and 金融庁 / 日本銀行 for the broader regulatory boundary.",
      "headings": [
        "株式会社三井住友銀行 (SMBC)",
        "Wiki route",
        "TL;DR",
        "1. 法人構造",
        "沿革・前身",
        "重要年表",
        "2. グループ内分業",
        "3. 業務セグメント",
        "主要拠点",
        "4. 競争上の位置付け"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/jcb",
        "card-issuers/smbc-card",
        "consumer-finance/smbc-consumer-finance",
        "financial-regulators/boj",
        "financial-regulators/dic",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/smfg",
        "regional-banks/japan-post-bank",
        "securities-firms/smbc-nikko",
        "trust-banks/smbc-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/dic",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4852,
      "word_like_tokens": 788,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "megabanks/smfg.md",
      "url": "https://finwiki.zksc.io/megabanks/smfg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/smfg.md",
      "title": "三井住友 FG (SMFG / SMBC グループ)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it with banking index for adjacent context and securities index for the broader system boundary.",
      "headings": [
        "三井住友 FG (SMFG / SMBC グループ)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2026-03 期決算（連結, 2026-05-13 公表）^[extracted from 決算短信]",
        "主要株主（2025-03-31）^[extracted]",
        "主要子会社・持分 + 戦略提携先",
        "合併歴史・前身",
        "重要年表（抜粋）^[extracted]",
        "SMBC-SBI アライアンス の詳細（2022〜）^[extracted from SBI HD Wikipedia]"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "card-issuers/smbc-card",
        "consumer-finance/smbc-consumer-finance",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "regional-banks/ssnb",
        "securities-firms/monex-group",
        "securities-firms/smbc-nikko",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 14035,
      "word_like_tokens": 2866,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/sony-fg.md",
      "url": "https://finwiki.zksc.io/megabanks/sony-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/sony-fg.md",
      "title": "ソニーフィナンシャルグループ (Sony FG)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX. Read it against ソニー生命保険 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ソニーフィナンシャルグループ (Sony FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・グループ構造（再上場後想定）",
        "主要株主（パーシャルスピンオフ後の構造、開示スキームベース）",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "B2C ブランド戦略",
        "競合ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/minna-bank-baas-model",
        "banking/rakuten-bank",
        "insurance/saison-automobile-fire",
        "life-insurers/sony-life",
        "megabanks/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5121,
      "word_like_tokens": 870,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "megabanks/sumitomo-mitsui-banking-corp.md",
      "url": "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/megabanks/sumitomo-mitsui-banking-corp.md",
      "title": "三井住友銀行 (SMBC)",
      "domain": "megabanks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under megabanks INDEX (its domain route). Read it against 三菱UFJ銀行 (MUFG Bank) for peer / contrast (another 都市銀行 megabank operating company), and against the FSA for the supervisory / regulatory boundary. The group / parent view lives on SMFG; the trust and securities siblings on SMBC",
      "headings": [
        "三井住友銀行 (SMBC)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/smd-am",
        "financial-regulators/fsa",
        "megabanks/INDEX",
        "megabanks/mufg-bank",
        "megabanks/smfg",
        "securities-firms/smbc-nikko",
        "trust-banks/smbc-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/smd-am",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/smfg",
          "evidence": "official_profile",
          "source": "https://www.smbc.co.jp/aboutus/profile/group.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "member_of_sro",
          "target": "financial-regulators/zenginkyo",
          "evidence": "industry_body_member_list",
          "source": "https://www.zenginkyo.or.jp/en/members/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2680,
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        "TL;DR",
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        "Backlog",
        "Related",
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      "title": "BOJ-NET Funds Transfer System and RTGS settlement",
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        "Related",
        "Sources"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/boj-post-2024-floor-system-complementary-deposit-facility.md",
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        "Boundary Cases"
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        "https://finwiki.zksc.io/money-market/japan-mmf-money-market-mutual-fund",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market",
        "https://finwiki.zksc.io/money-market/japan-tbill-treasury-discount-bill",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center",
        "https://finwiki.zksc.io/securities/japan-underwriting-market-structure"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "money-market/japan-mmf-money-market-mutual-fund.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-mmf-money-market-mutual-fund.md",
      "title": "Japan MMF / MRF (money market mutual funds)",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against Japan NCD market for peer / contrast context and BoJ post-2024 floor system for the broader system / regulatory boundary.",
      "headings": [
        "Japan MMF / MRF (money market mutual funds)",
        "Wiki route",
        "TL;DR",
        "Product Map",
        "Historical Arc",
        "MRF vs Old MMF",
        "Current Substitutes",
        "Investment Holdings",
        "Zero-Rate Era Impact",
        "JapanFG Relevance"
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        "money-market/boj-open-market-operations",
        "money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "money-market/call-market-structure",
        "money-market/japan-cp-commercial-paper-market",
        "money-market/japan-money-market",
        "money-market/japan-ncd-negotiable-cd-market",
        "money-market/japan-tbill-treasury-discount-bill",
        "money-market/jgb-repo-market-japan",
        "securities-firms/daiwa-sg",
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        "securities-firms/smbc-nikko",
        "securities/japan-asset-manager-landscape-matrix",
        "securities/japan-online-brokerage-competition",
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        "securities/nisa-2025-tax-reform-update",
        "securities/tokyo-stock-exchange"
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        "https://finwiki.zksc.io/asset-managers/mufg-asset-management",
        "https://finwiki.zksc.io/asset-managers/nikko-asset-management",
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-cp-commercial-paper-market",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market",
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        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
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        "https://finwiki.zksc.io/securities-firms/sbi-securities",
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        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/nisa-2024-flow",
        "https://finwiki.zksc.io/securities/nisa-2025-tax-reform-update",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
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    {
      "source_path": "money-market/japan-money-market-benchmark-reform-tona.md",
      "url": "https://finwiki.zksc.io/money-market/japan-money-market-benchmark-reform-tona",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-money-market-benchmark-reform-tona.md",
      "title": "Japan money-market benchmark reform (TONA and the multi-rate world)",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against TIBOR for the surviving term benchmark and Call market structure for the cash market that TONA is computed from; the derivative-pricing expression is the OIS TONA curve.",
      "headings": [
        "Japan money-market benchmark reform (TONA and the multi-rate world)",
        "Wiki route",
        "TL;DR",
        "The Reform Bodies",
        "Why TONA Sits on the Call Market",
        "Transition Timeline",
        "The Resulting Multi-Rate World",
        "How Legacy Contracts Were Handled",
        "Reading Checklist",
        "JapanFG Relevance"
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      "wikilinks": [
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        "derivatives/isda-2020-protocol-japan-implementation",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/ois-tona-curve",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/japan-tibor-benchmark-rate",
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        "securities-firms/mufg-mums"
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        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-tibor-benchmark-rate",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "word_like_tokens": 1381,
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    {
      "source_path": "money-market/japan-money-market.md",
      "url": "https://finwiki.zksc.io/money-market/japan-money-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-money-market.md",
      "title": "Japan money market",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against Call market structure for peer / contrast context and BoJ open market operations for the broader system / regulatory boundary.",
      "headings": [
        "Japan money market",
        "Wiki route",
        "TL;DR",
        "Market Map",
        "Why It Matters",
        "Post-YCC Reading Rule",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/boj-monetary-policy",
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        "financial-regulators/ueda-yagi-tanshi",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 3744,
      "word_like_tokens": 585,
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    {
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      "url": "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-ncd-negotiable-cd-market.md",
      "title": "Japan NCD (negotiable certificate of deposit) market",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against Japan CP market for peer / contrast context and BoJ open market operations for the broader system / regulatory boundary.",
      "headings": [
        "Japan NCD (negotiable certificate of deposit) market",
        "Wiki route",
        "TL;DR",
        "Market Map",
        "Instrument Mechanics",
        "Secondary Market Liquidity",
        "MMF / MRF Eligibility",
        "Current Outstanding Scale",
        "Post-2024 Floor-System Context",
        "JapanFG Relevance"
      ],
      "wikilinks": [
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        "banking/INDEX",
        "financial-regulators/boj-monetary-policy",
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        "financial-regulators/ueda-yagi-tanshi",
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        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "money-market/call-market-structure",
        "money-market/japan-cp-commercial-paper-market",
        "money-market/japan-mmf-money-market-mutual-fund",
        "money-market/japan-money-market",
        "money-market/japan-tbill-treasury-discount-bill",
        "money-market/jgb-repo-market-japan",
        "money-market/tanshi-company-business-model",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "securities/japan-underwriting-market-structure"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-cp-commercial-paper-market",
        "https://finwiki.zksc.io/money-market/japan-mmf-money-market-mutual-fund",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-tbill-treasury-discount-bill",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/japan-underwriting-market-structure"
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    {
      "source_path": "money-market/japan-repo-transaction-structures-gensaki-cash-collateralized-securities-lending.md",
      "url": "https://finwiki.zksc.io/money-market/japan-repo-transaction-structures-gensaki-cash-collateralized-securities-lending",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-repo-transaction-structures-gensaki-cash-collateralized-securities-lending.md",
      "title": "Japan repo transaction structures: gensaki vs cash-collateralized securities lending",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against JGB repo market in Japan for the market-level overview it drills into, uncollateralized vs collateralized call market for the secured-vs-unsecured boundary, and route securities-lending overlap to the stock-lending market route. The clearing",
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        "Wiki route",
        "TL;DR",
        "The Two Legal Forms",
        "New Gensaki vs Older Practice",
        "GC and SC Across Both Forms",
        "Settlement and Clearing",
        "Why This Matters for FinWiki",
        "Reading Checklist",
        "JapanFG Relevance"
      ],
      "wikilinks": [
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        "derivatives/japan-irs-market",
        "financial-regulators/boj-monetary-policy",
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        "money-market/call-market-structure",
        "money-market/japan-money-market",
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        "securities/japan-margin-trading-and-securities-finance",
        "securities/japan-securities-clearing-corp",
        "securities/japan-stock-lending-market-route"
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        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-net-funds-transfer-system-rtgs-settlement",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
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        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
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        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/japan-margin-trading-and-securities-finance",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
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      "url": "https://finwiki.zksc.io/money-market/japan-short-term-funding-instrument-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-short-term-funding-instrument-matrix.md",
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      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's short-term funding market is not one product. The uncollateralized and collateralized call markets, the GC and SC repo legs of JGB securities financing, commercial paper (CP), negotiable certificates of deposit (NCD), Treasury Discount Bills (TBill / TDB), the BoJ complementary deposit facil",
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        "Wiki route",
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        "Instrument 1 — Uncollateralized call money (無担保コール)",
        "Instrument 2 — Collateralized call money (有担保コール)",
        "Instrument 3 — GC repo (general collateral)",
        "Instrument 4 — SC repo (special collateral)",
        "Instrument 5 — Commercial paper (CP)",
        "Instrument 6 — Negotiable certificate of deposit (NCD)"
      ],
      "wikilinks": [
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        "banking/INDEX",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
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        "financial-regulators/boj-monetary-policy",
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        "financial-regulators/yokin-hoken-kiko",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "money-market/call-market-structure",
        "money-market/japan-cp-commercial-paper-market",
        "money-market/japan-mmf-money-market-mutual-fund",
        "money-market/japan-money-market",
        "money-market/japan-ncd-negotiable-cd-market",
        "money-market/japan-tbill-treasury-discount-bill",
        "money-market/jgb-repo-market-japan",
        "money-market/tanshi-company-business-model",
        "securities/japan-securities-clearing-corp",
        "securities/japan-securities-depository-center"
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      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
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        "https://finwiki.zksc.io/money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-cp-commercial-paper-market",
        "https://finwiki.zksc.io/money-market/japan-mmf-money-market-mutual-fund",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market",
        "https://finwiki.zksc.io/money-market/japan-tbill-treasury-discount-bill",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-securities-depository-center"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 25480,
      "word_like_tokens": 4217,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "money-market/japan-tbill-treasury-discount-bill.md",
      "url": "https://finwiki.zksc.io/money-market/japan-tbill-treasury-discount-bill",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-tbill-treasury-discount-bill.md",
      "title": "Japan Treasury Discount Bills (TDB / 国庫短期証券)",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against Japan CP market for peer / contrast context and JGB repo market for the broader system / regulatory boundary.",
      "headings": [
        "Japan Treasury Discount Bills (TDB / 国庫短期証券)",
        "Wiki route",
        "TL;DR",
        "Market Map",
        "Issuance Mechanics",
        "Auction Cadence",
        "Investor Composition",
        "BoJ and TDB",
        "Reading TDB Yields",
        "Post-2024 Context"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/local-bond-market",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "money-market/call-market-structure",
        "money-market/japan-cp-commercial-paper-market",
        "money-market/japan-mmf-money-market-mutual-fund",
        "money-market/japan-money-market",
        "money-market/japan-ncd-negotiable-cd-market",
        "money-market/jgb-repo-market-japan",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/boj-post-2024-floor-system-complementary-deposit-facility",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-cp-commercial-paper-market",
        "https://finwiki.zksc.io/money-market/japan-mmf-money-market-mutual-fund",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7630,
      "word_like_tokens": 1287,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "money-market/japan-tibor-benchmark-rate.md",
      "url": "https://finwiki.zksc.io/money-market/japan-tibor-benchmark-rate",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-tibor-benchmark-rate.md",
      "title": "TIBOR (Tokyo Interbank Offered Rate)",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against Japan money-market benchmark reform for peer / contrast context with the TONA risk-free rate, Call market structure for the actual transacted overnight market, and the Japanese Bankers Association for the administering institution.",
      "headings": [
        "TIBOR (Tokyo Interbank Offered Rate)",
        "Wiki route",
        "TL;DR",
        "What TIBOR Measures",
        "D-TIBOR vs Z-TIBOR",
        "TIBOR vs TONA",
        "Where TIBOR Is Used",
        "Governance and Reform Context",
        "Reading Checklist",
        "JapanFG Relevance"
      ],
      "wikilinks": [
        "INDEX",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/ois-tona-curve",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/japan-money-market-benchmark-reform-tona",
        "money-market/japan-ncd-negotiable-cd-market"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-money-market-benchmark-reform-tona",
        "https://finwiki.zksc.io/money-market/japan-ncd-negotiable-cd-market"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8456,
      "word_like_tokens": 1367,
      "last_modified": "2026-06-15"
    },
    {
      "source_path": "money-market/japan-torf-term-risk-free-rate.md",
      "url": "https://finwiki.zksc.io/money-market/japan-torf-term-risk-free-rate",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/japan-torf-term-risk-free-rate.md",
      "title": "TORF (Tokyo Term Risk Free Rate)",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against TIBOR for the quote-based credit-sensitive contrast, Japan money-market benchmark reform (TONA) for how the JPY risk-free-rate complex was built, and the OIS TONA curve for the derivative inputs TORF is computed from. The supervisory anchor i",
      "headings": [
        "TORF (Tokyo Term Risk Free Rate)",
        "Wiki route",
        "TL;DR",
        "What TORF Measures",
        "TORF vs TONA vs TIBOR",
        "Why a Term RFR Was Needed",
        "Where TORF Fits in Cash Products",
        "Governance Context",
        "Reading Checklist",
        "JapanFG Relevance"
      ],
      "wikilinks": [
        "INDEX",
        "derivatives/japan-interest-rate-derivatives-overview",
        "derivatives/japan-irs-market",
        "derivatives/ois-tona-curve",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/japan-money-market-benchmark-reform-tona",
        "money-market/japan-tibor-benchmark-rate"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/derivatives/japan-interest-rate-derivatives-overview",
        "https://finwiki.zksc.io/derivatives/japan-irs-market",
        "https://finwiki.zksc.io/derivatives/ois-tona-curve",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/japan-money-market-benchmark-reform-tona",
        "https://finwiki.zksc.io/money-market/japan-tibor-benchmark-rate"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8370,
      "word_like_tokens": 1417,
      "last_modified": "2026-06-15"
    },
    {
      "source_path": "money-market/jgb-repo-market-japan.md",
      "url": "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/jgb-repo-market-japan.md",
      "title": "JGB repo market in Japan",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against BoJ open market operations for peer / contrast context and Japan money market for the broader system / regulatory boundary.",
      "headings": [
        "JGB repo market in Japan",
        "Wiki route",
        "TL;DR",
        "Market Mechanics",
        "GC vs SC",
        "Data Surface",
        "BoJ and Market Functioning",
        "JapanFG Relevance",
        "Reading Rules",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/local-bond-market",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5346,
      "word_like_tokens": 863,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "money-market/tanshi-company-business-model.md",
      "url": "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/money-market/tanshi-company-business-model.md",
      "title": "Tanshi company business model",
      "domain": "money-market",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under money-market index. Read it against call market structure for the peer / contrast surface where tanshi brokerage actually happens, and against BoJ open market operations for the broader system / regulatory boundary where tanshi flows interact with central-bank policy implementa",
      "headings": [
        "Tanshi company business model",
        "Wiki route",
        "TL;DR",
        "What Tanshi Do",
        "The Three Firms and Their Differentiation",
        "Relationship to BoJ Open Market Operations",
        "Fee / Revenue Model",
        "Historical Context",
        "Regulatory Framing",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/boj-monetary-policy",
        "financial-regulators/central-tanshi",
        "financial-regulators/local-bond-market",
        "financial-regulators/tokyo-tanshi",
        "financial-regulators/ueda-yagi-tanshi",
        "money-market/INDEX",
        "money-market/boj-open-market-operations",
        "money-market/call-market-structure",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/financial-regulators/central-tanshi",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/tokyo-tanshi",
        "https://finwiki.zksc.io/financial-regulators/ueda-yagi-tanshi",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/boj-open-market-operations",
        "https://finwiki.zksc.io/money-market/call-market-structure",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9654,
      "word_like_tokens": 1588,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "non-life-insurers/INDEX.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/INDEX.md",
      "title": "non-life-insurers — Japanese non-life / P&C insurer + kyosai domain index",
      "domain": "non-life-insurers",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "non-life-insurers/ is the entity domain for Japanese non-life (損害 / P&C) insurance carriers and kyosai (共済) mutuals — every entity licensed under Japan's Insurance Business Act (保険業法) to underwrite non-life risk, plus the cooperative-insurance federations that sit alongside the licensed market. It h",
      "headings": [
        "non-life-insurers — Japanese non-life / P&C insurer + kyosai domain index",
        "Scope",
        "Disambiguation",
        "Registry",
        "Members",
        "A. 大手3社 — holding + operating companies",
        "B. Direct (digital / telco / EC) non-life insurers",
        "C. Specialty / niche — pet insurers",
        "D. Specialty / niche — other non-life insurers",
        "E. Foreign-affiliated direct non-life insurers (外国損害保険会社等)"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "financial-regulators/INDEX",
        "insurance/INDEX",
        "life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/american-home-insurance-japan",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/capital-insurance",
        "non-life-insurers/cardif-nonlife",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/fm-global-japan",
        "non-life-insurers/gen-re-japan",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/hyundai-marine-fire-japan",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/ji-accident-fire-insurance",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/meiji-yasuda-general-insurance",
        "non-life-insurers/mitsui-direct",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nisshin-fire",
        "non-life-insurers/nonlife-insurer-registry-japan-index",
        "non-life-insurers/ntt-docomo-sompo-hd",
        "non-life-insurers/ntt-docomo-sonpo",
        "non-life-insurers/pet-and-family-insurance",
        "non-life-insurers/qbe-japan",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/rakuten-insurance-hd",
        "non-life-insurers/rescue-insurance",
        "non-life-insurers/saison-automobile-fire-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/scor-japan",
        "non-life-insurers/secom-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/starr-insurance-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire",
        "non-life-insurers/yamap-naturance-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance",
        "non-life-insurers/zenrosai",
        "non-life-insurers/zurich-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/american-home-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/capital-insurance",
        "https://finwiki.zksc.io/non-life-insurers/cardif-nonlife",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance",
        "https://finwiki.zksc.io/non-life-insurers/daido-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/fm-global-japan",
        "https://finwiki.zksc.io/non-life-insurers/gen-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hs-insurance",
        "https://finwiki.zksc.io/non-life-insurers/hyundai-marine-fire-japan",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/meiji-yasuda-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-direct",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nisshin-fire",
        "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sompo-hd",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sonpo",
        "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance",
        "https://finwiki.zksc.io/non-life-insurers/qbe-japan",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
        "https://finwiki.zksc.io/non-life-insurers/rescue-insurance",
        "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
        "https://finwiki.zksc.io/non-life-insurers/scor-japan",
        "https://finwiki.zksc.io/non-life-insurers/secom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/starr-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
        "https://finwiki.zksc.io/non-life-insurers/yamap-naturance-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenrosai",
        "https://finwiki.zksc.io/non-life-insurers/zurich-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6127,
      "word_like_tokens": 932,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "non-life-insurers/aig-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/aig-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/aig-japan.md",
      "title": "AIG ジャパン (AIG 損害保険)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against アクサ・ジャパン (AXA Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "AIG ジャパン (AIG 損害保険)",
        "Wiki route",
        "1. グループ構造",
        "主要日本法人",
        "重要历史（年表）",
        "2. 業務ライン",
        "ポジショニング",
        "グローバルレバレッジ",
        "競合関係",
        "4. 規制と政策"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/aflac-japan",
        "life-insurers/axa-japan",
        "life-insurers/prudential-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/aflac-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3928,
      "word_like_tokens": 648,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/aioi-nissay-dowa-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/aioi-nissay-dowa-insurance.md",
      "title": "あいおいニッセイ同和損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 三井住友海上火災保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "あいおいニッセイ同和損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2157,
      "word_like_tokens": 332,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/allianz-fire-marine-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/allianz-fire-marine-japan.md",
      "title": "Allianz Fire and Marine Japan / アリアンツ火災海上保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/allianz-fire-marine-japan",
      "headings": [
        "Allianz Fire and Marine Japan / アリアンツ火災海上保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/japan-nonlife-big-three",
        "life-insurers/axa-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2458,
      "word_like_tokens": 376,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/american-home-insurance-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/american-home-insurance-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/american-home-insurance-japan.md",
      "title": "American Home Insurance Japan / アメリカンホーム医療・損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/american-home-insurance-japan",
      "headings": [
        "American Home Insurance Japan / アメリカンホーム医療・損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/american-home-insurance-japan",
        "non-life-insurers/sony-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/american-home-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2461,
      "word_like_tokens": 402,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/anicom-hd.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/anicom-hd.md",
      "title": "アニコム ホールディングス",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX (its domain route). Read it against its own operating subsidiary アニコム損害保険 for the holding-company / operating-company split, against the other pet-insurance underwriters ペット&ファミリー損保 and アイペット損保 for peer / contrast, and against the FSA for the supervisory",
      "headings": [
        "アニコム ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/pet-and-family-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance",
        "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2854,
      "word_like_tokens": 432,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-life-insurers/anicom-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/anicom-insurance.md",
      "title": "アニコム損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上日動火災保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "アニコム損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/missing-financial-institutions-backlog",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2186,
      "word_like_tokens": 337,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/au-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/au-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/au-insurance.md",
      "title": "au損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against ソニー損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "au損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/lifenet",
        "megabanks/au-fh",
        "non-life-insurers/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sony-insurance",
        "retail/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/retail/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2157,
      "word_like_tokens": 341,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/capital-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/capital-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/capital-insurance.md",
      "title": "Capital Insurance / キャピタル損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/capital-insurance",
      "headings": [
        "Capital Insurance / キャピタル損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/cci-group",
        "insurance/INDEX",
        "leasing-firms/mitsubishi-hc-capital",
        "non-life-insurers/INDEX",
        "non-life-insurers/capital-insurance",
        "non-life-insurers/sakura-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/cci-group",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/capital-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2259,
      "word_like_tokens": 357,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/cardif-nonlife.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/cardif-nonlife",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/cardif-nonlife.md",
      "title": "Cardif Non-Life Japan / カーディフ損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/cardif-nonlife",
      "headings": [
        "Cardif Non-Life Japan / カーディフ損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "foreign-financial-institutions/bnp-paribas-japan",
        "insurance/INDEX",
        "insurance/life-insurance-distribution-japan",
        "life-insurers/cardif-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/cardif-nonlife",
        "non-life-insurers/ji-accident-fire-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/cardif-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/cardif-nonlife",
        "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2613,
      "word_like_tokens": 413,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/chubb-insurance-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/chubb-insurance-japan.md",
      "title": "Chubb Insurance Japan / Chubb損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/chubb-insurance-japan",
      "headings": [
        "Chubb Insurance Japan / Chubb損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/japan-nonlife-big-three",
        "life-insurers/axa-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2379,
      "word_like_tokens": 389,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/dai-ichi-ipet-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/dai-ichi-ipet-insurance.md",
      "title": "第一アイペット損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with 第一ライフグループ, アニコム損害保険, ペット＆ファミリー損害保険, and insurance index.",
      "headings": [
        "第一アイペット損害保険",
        "Wiki route",
        "Overview",
        "1. License / group boundary",
        "2. Operating model",
        "3. Strategic reading",
        "4. Boundary notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/dai-ichi-life-insurance",
        "life-insurers/dai-ichi-neo-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/pet-and-family-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life-insurance",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-neo-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3625,
      "word_like_tokens": 601,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/daido-fire-marine.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/daido-fire-marine",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/daido-fire-marine.md",
      "title": "大同火災海上保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SOMPO ホールディングス (Sompo Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "大同火災海上保険",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要業務・支店網",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "地場優位の源泉",
        "大手 3 損保との競合",
        "災害リスク管理"
      ],
      "wikilinks": [
        "banking/INDEX",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3319,
      "word_like_tokens": 444,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/fm-global-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/fm-global-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/fm-global-japan.md",
      "title": "FM Global Japan / FMグローバル・ジャパン",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against Lloyd's Japan and Chubb Insurance Japan for foreign-commercial-insurer peer context, and insurance index for the broader Japan non-life market system / regulatory boundary.",
      "headings": [
        "FM Global Japan / FMグローバル・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-nonlife-big-three",
        "insurance/mutual-vs-stock-life-insurer",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/qbe-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/qbe-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5091,
      "word_like_tokens": 783,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/gen-re-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/gen-re-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/gen-re-japan.md",
      "title": "ジェネラル再保険日本支店",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against RGA リインシュアランス・カンパニー日本支店 as a US-headquartered peer (RGA: life specialist; Gen Re: P&C + life via subsidiary), and contrast with ミュンヘン再保険日本支店 / スイス再保険日本支店 as the European \"Big 2\". Domestic peer remains トーア再保険 and broader system is nat-cat",
      "headings": [
        "ジェネラル再保険日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/rga-japan",
        "mitsubishi-corporation",
        "non-life-insurers/INDEX",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2967,
      "word_like_tokens": 455,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/hannover-re-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/hannover-re-japan.md",
      "title": "ハノーバー再保険日本支店",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against ミュンヘン再保険日本支店 and スイス再保険日本支店 as the \"Big 2 + Hannover\" trio of European reinsurers in Japan, and トーア再保険 as the domestic peer. The system page nat-cat reinsurance Japan frames how all of these fit into Japan's catastrophe risk transfer arc",
      "headings": [
        "ハノーバー再保険日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/rga-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/scor-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/scor-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2885,
      "word_like_tokens": 446,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/hs-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/hs-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/hs-insurance.md",
      "title": "HS Insurance / エイチ・エス損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/hs-insurance",
      "headings": [
        "HS Insurance / エイチ・エス損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/ji-accident-fire-insurance",
        "non-life-insurers/pet-and-family-insurance",
        "non-life-insurers/sony-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/hs-insurance",
        "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance",
        "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2334,
      "word_like_tokens": 378,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/hyundai-marine-fire-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/hyundai-marine-fire-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/hyundai-marine-fire-japan.md",
      "title": "Hyundai Marine & Fire Japan / 現代海上火災保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/hyundai-marine-fire-japan",
      "headings": [
        "Hyundai Marine & Fire Japan / 現代海上火災保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-licenses/insurance-license-and-solvency",
        "foreign-financial-institutions/hana-bank-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/hyundai-marine-fire-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/foreign-financial-institutions/hana-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/hyundai-marine-fire-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2523,
      "word_like_tokens": 401,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/ja-kyosairen.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/ja-kyosairen.md",
      "title": "JA 共済連 (全国共済農業協同組合連合会 / National Mutual Insurance Federation of Agricultural Cooperatives)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX as the JA Group cooperative-insurance federation, parallel to 農林中央金庫 (信用) / JA 全農 (経済) / JA 全中 (代表). Read with insurance domain for cooperative-vs-stock insurance form, 共栄火災海上保険 (JA 共済連が筆頭株主) for the損保補完, and JA Bank system for the JA Group system bounda",
      "headings": [
        "JA 共済連 (全国共済農業協同組合連合会 / National Mutual Insurance Federation of Agricultural Cooperatives)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "共済事業 vs 保険業法 (区別) ^[extracted]",
        "JA グループ 4 大全国連の役割分担",
        "重要年表 ^[extracted]",
        "主力共済商品 ^[extracted]",
        "共済 vs 保険のチャネル",
        "損保補完の親会社機能"
      ],
      "wikilinks": [
        "banking/ja-bank-system-japan",
        "cooperative-banks/ja-shinnoren",
        "cooperative-banks/ja-zen-noh",
        "cooperative-banks/ja-zenchu",
        "cooperative-banks/jf-zengyoren",
        "cooperative-banks/norinchukin",
        "insurance/INDEX",
        "insurance/japan-life-insurance-big-four",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/zenrosai"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/cooperative-banks/ja-zen-noh",
        "https://finwiki.zksc.io/cooperative-banks/ja-zenchu",
        "https://finwiki.zksc.io/cooperative-banks/jf-zengyoren",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/zenrosai"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5698,
      "word_like_tokens": 914,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/japan-earthquake-reinsurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/japan-earthquake-reinsurance.md",
      "title": "日本地震再保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against トーア再保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "日本地震再保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2353,
      "word_like_tokens": 348,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/ji-accident-fire-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/ji-accident-fire-insurance.md",
      "title": "JI Accident & Fire Insurance / ジェイアイ傷害火災保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/ji-accident-fire-insurance",
      "headings": [
        "JI Accident & Fire Insurance / ジェイアイ傷害火災保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/direct-nonlife-insurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/ji-accident-fire-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/hs-insurance",
        "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2306,
      "word_like_tokens": 367,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/kyoritsu-fire-marine.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/kyoritsu-fire-marine.md",
      "title": "共栄火災海上保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SOMPO ホールディングス (Sompo Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "共栄火災海上保険",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2023-03 期業績（第 82 期）^[extracted]",
        "主要株主（2023-03-31 現在）^[extracted]",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "販売チャネル ^[extracted]",
        "地域特性 ^[extracted]"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/axa-japan",
        "life-insurers/kampo-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/kampo-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4199,
      "word_like_tokens": 674,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/lloyd-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/lloyd-japan.md",
      "title": "Lloyd's Japan / ロイズ・ジャパン",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against FM Global Japan and AIG Japan for foreign-specialty-insurer peer context, and insurance index for the broader Japan non-life market system / regulatory boundary.",
      "headings": [
        "Lloyd's Japan / ロイズ・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-nonlife-big-three",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/fm-global-japan",
        "non-life-insurers/qbe-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/fm-global-japan",
        "https://finwiki.zksc.io/non-life-insurers/qbe-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4639,
      "word_like_tokens": 761,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/meiji-yasuda-general-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/meiji-yasuda-general-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/meiji-yasuda-general-insurance.md",
      "title": "明治安田損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with insurance index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "明治安田損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/meiji-yasuda",
        "non-life-insurers/INDEX",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/nisshin-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance",
        "https://finwiki.zksc.io/non-life-insurers/nisshin-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2154,
      "word_like_tokens": 339,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/mitsui-direct.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/mitsui-direct",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/mitsui-direct.md",
      "title": "三井ダイレクト損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against あいおいニッセイ同和損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "三井ダイレクト損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/sony-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2082,
      "word_like_tokens": 325,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/mitsui-sumitomo-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/mitsui-sumitomo-insurance.md",
      "title": "三井住友海上火災保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against あいおいニッセイ同和損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "三井住友海上火災保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/mitsui-sumitomo-aioi-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/msad"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/mitsui-sumitomo-aioi-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "non-life-insurers/msad",
          "evidence": "official_profile",
          "source": "https://www.ms-ins.com/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2698,
      "word_like_tokens": 425,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/msad.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/msad",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/msad.md",
      "title": "MS&AD インシュアランス グループ ホールディングス",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SOMPO ホールディングス (Sompo Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "MS&AD インシュアランス グループ ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表",
        "1.5 財務 KPI（FY2024 = 2025-03 期）",
        "2. 事業セグメント・マップ",
        "国内 3 ブランド戦略の特異性 → 2027 終焉"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mufg",
        "non-life-insurers/INDEX",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5623,
      "word_like_tokens": 952,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/munich-re-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/munich-re-japan.md",
      "title": "ミュンヘン再保険日本支店",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against トーア再保険 for peer / contrast context as a Japanese domestic reinsurer, and nat-cat reinsurance Japan for the broader system / regulatory boundary. The Japan branch is one channel through which global reinsurance capacity reaches Japanese p",
      "headings": [
        "ミュンヘン再保険日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3261,
      "word_like_tokens": 473,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/nisshin-fire.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/nisshin-fire",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/nisshin-fire.md",
      "title": "日新火災海上保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上日動火災保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "日新火災海上保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2041,
      "word_like_tokens": 319,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/nonlife-insurer-registry-japan-index.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/nonlife-insurer-registry-japan-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/nonlife-insurer-registry-japan-index.md",
      "title": "Japan non-life insurer registry index",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "FSA's non-life insurer license list (損害保険会社免許一覧, songai.pdf) is the single registry surface for every entity licensed under Japan's Insurance Business Act (保険業法) to underwrite non-life (損害) insurance. This page is the routing surface for that registry — it organises the list by ownership cluster (大手",
      "headings": [
        "Japan non-life insurer registry index",
        "TL;DR",
        "Wiki route",
        "Boundary",
        "Registry snapshot",
        "A. 大手3社 — domestic holding-company groups (元受)",
        "B. Direct (digital / telco / EC) non-life insurers",
        "C. Specialty / niche / regional non-life insurers",
        "D. Foreign-affiliated direct non-life insurers (外国損害保険会社等)",
        "E. Lloyd's Japan (marketplace platform)"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "financial-regulators/japan-pi-club",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "insurance/INDEX",
        "insurance/captive-insurance-japan-market",
        "insurance/economic-value-based-solvency",
        "insurance/foreign-reinsurer-japan-landscape",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/insurance-agency-and-brokerage-japan",
        "insurance/japan-life-insurance-big-four",
        "insurance/japan-nonlife-big-three",
        "insurance/lloyds-japan-syndicate-operating-model",
        "insurance/marine-insurance-and-pi-cover-market",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/axa-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/meiji-yasuda",
        "life-insurers/pacific-life-re-japan",
        "life-insurers/rga-japan",
        "megabanks/au-fh",
        "megabanks/sbi-hd",
        "megabanks/sony-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/american-home-insurance-japan",
        "non-life-insurers/anicom-hd",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/capital-insurance",
        "non-life-insurers/cardif-nonlife",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/dai-ichi-ipet-insurance",
        "non-life-insurers/daido-fire-marine",
        "non-life-insurers/gen-re-japan",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/hs-insurance",
        "non-life-insurers/hyundai-marine-fire-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/ji-accident-fire-insurance",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/meiji-yasuda-general-insurance",
        "non-life-insurers/mitsui-direct",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/nisshin-fire",
        "non-life-insurers/ntt-docomo-sompo-hd",
        "non-life-insurers/ntt-docomo-sonpo",
        "non-life-insurers/pet-and-family-insurance",
        "non-life-insurers/rakuten-general-insurance",
        "non-life-insurers/rakuten-insurance-hd",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/sbi-insurance",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/scor-japan",
        "non-life-insurers/secom-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/starr-insurance-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire",
        "non-life-insurers/yamap-naturance-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance",
        "payment-firms/rakuten-fg",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/financial-regulators/japan-pi-club",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/captive-insurance-japan-market",
        "https://finwiki.zksc.io/insurance/economic-value-based-solvency",
        "https://finwiki.zksc.io/insurance/foreign-reinsurer-japan-landscape",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/insurance-agency-and-brokerage-japan",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/lloyds-japan-syndicate-operating-model",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/pacific-life-re-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/american-home-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/anicom-hd",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/capital-insurance",
        "https://finwiki.zksc.io/non-life-insurers/cardif-nonlife",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance",
        "https://finwiki.zksc.io/non-life-insurers/daido-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/gen-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/hs-insurance",
        "https://finwiki.zksc.io/non-life-insurers/hyundai-marine-fire-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/ji-accident-fire-insurance",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/meiji-yasuda-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-direct",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/nisshin-fire",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sompo-hd",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sonpo",
        "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
        "https://finwiki.zksc.io/non-life-insurers/scor-japan",
        "https://finwiki.zksc.io/non-life-insurers/secom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/starr-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
        "https://finwiki.zksc.io/non-life-insurers/yamap-naturance-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14921,
      "word_like_tokens": 2301,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/ntt-docomo-sompo-hd.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sompo-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/ntt-docomo-sompo-hd.md",
      "title": "NTTドコモ損害保険ホールディングス",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with insurance index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "NTTドコモ損害保険ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/INDEX",
        "financial-regulators/missing-financial-institutions-backlog",
        "insurance/INDEX",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/au-insurance",
        "non-life-insurers/sompo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2411,
      "word_like_tokens": 382,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/ntt-docomo-sonpo.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sonpo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/ntt-docomo-sonpo.md",
      "title": "NTTドコモ損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with NTTドコモ損害保険ホールディングス, SOMPO, 損害保険ジャパン, ヤマップネイチャランス損害保険, and insurance index.",
      "headings": [
        "NTTドコモ損害保険",
        "Wiki route",
        "Overview",
        "1. License / group boundary",
        "2. Operating model",
        "3. Strategic reading",
        "4. Boundary notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "megabanks/ndfg",
        "non-life-insurers/INDEX",
        "non-life-insurers/au-insurance",
        "non-life-insurers/ntt-docomo-sompo-hd",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/yamap-naturance-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sompo-hd",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/yamap-naturance-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3741,
      "word_like_tokens": 615,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/pet-and-family-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/pet-and-family-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/pet-and-family-insurance.md",
      "title": "ペット＆ファミリー損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with T&D Holdings, 第一アイペット損害保険, アニコム損害保険, and insurance index.",
      "headings": [
        "ペット＆ファミリー損害保険",
        "Wiki route",
        "Overview",
        "1. License / group boundary",
        "2. Operating model",
        "3. Strategic reading",
        "4. Boundary notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/daido-life",
        "life-insurers/taiyo-life",
        "life-insurers/td-financial-life",
        "life-insurers/td-hd",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/dai-ichi-ipet-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/life-insurers/taiyo-life",
        "https://finwiki.zksc.io/life-insurers/td-financial-life",
        "https://finwiki.zksc.io/life-insurers/td-hd",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/dai-ichi-ipet-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3359,
      "word_like_tokens": 576,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/qbe-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/qbe-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/qbe-japan.md",
      "title": "QBE Japan / QBEインシュアランス・ジャパン",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against Lloyd's Japan and FM Global Japan for foreign-specialty-insurer peer context, and insurance index for the broader Japan non-life market system / regulatory boundary.",
      "headings": [
        "QBE Japan / QBEインシュアランス・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-nonlife-big-three",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/fm-global-japan",
        "non-life-insurers/lloyd-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/fm-global-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4411,
      "word_like_tokens": 698,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/rakuten-general-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/rakuten-general-insurance.md",
      "title": "楽天損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 楽天生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "楽天損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/rakuten-card",
        "insurance/INDEX",
        "life-insurers/rakuten-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/rakuten-insurance-hd",
        "payment-firms/rakuten-edy",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2200,
      "word_like_tokens": 338,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/rakuten-insurance-hd.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/rakuten-insurance-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/rakuten-insurance-hd.md",
      "title": "楽天インシュアランスホールディングス",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 楽天生命保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "楽天インシュアランスホールディングス",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/rakuten-card",
        "insurance/INDEX",
        "life-insurers/rakuten-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/rakuten-general-insurance",
        "payment-firms/rakuten-edy",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/rakuten-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/rakuten-general-insurance",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2059,
      "word_like_tokens": 304,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/rescue-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/rescue-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/rescue-insurance.md",
      "title": "Rescue Insurance / レスキュー損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/rescue-insurance",
      "headings": [
        "Rescue Insurance / レスキュー損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/rescue-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/secom-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/rescue-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/secom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2299,
      "word_like_tokens": 362,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/saison-automobile-fire-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/saison-automobile-fire-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/saison-automobile-fire-insurance.md",
      "title": "セゾン自動車火災保険 / SOMPOダイレクト (Saison Automobile & Fire / SOMPO Direct)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX as the operating-company anchor for the direct non-life insurer historically known as セゾン自動車火災保険, now operating as ＳＯＭＰＯダイレクト損害保険. Read it against SOMPO HD for the parent group context, Sony FG for the direct-auto peer comparison, and Credit Saison for t",
      "headings": [
        "セゾン自動車火災保険 / SOMPOダイレクト (Saison Automobile & Fire / SOMPO Direct)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "2. 商号変遷と SOMPO 入り",
        "3.1 主力：「おとなの自動車保険」",
        "3.2 サブ商品",
        "3.3 SOMPO グループ内の役割",
        "4. 親会社関係（SOMPO 連結内）",
        "5. KPI（公式公開情報ベース）"
      ],
      "wikilinks": [
        "card-issuers/credit-saison",
        "insurance/INDEX",
        "insurance/axa-direct",
        "insurance/mitsui-direct",
        "insurance/saa",
        "insurance/saison-automobile-fire",
        "insurance/sompo-himawari-life",
        "insurance/sony-assurance",
        "megabanks/sony-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-direct",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/sompo"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6035,
      "word_like_tokens": 944,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/sakura-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sakura-insurance.md",
      "title": "Sakura Insurance / さくら損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/sakura-insurance",
      "headings": [
        "Sakura Insurance / さくら損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/rescue-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/rescue-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2329,
      "word_like_tokens": 357,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/sbi-insurance-group.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sbi-insurance-group.md",
      "title": "SBI インシュアランスグループ (SBI Insurance Group)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SBI証券 (SBI Securities) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SBI インシュアランスグループ (SBI Insurance Group)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社",
        "沿革 ^[extracted]",
        "2. 事業セグメント・マップ",
        "コアコンセプト",
        "提携・買収戦略",
        "競合"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/axa-japan",
        "life-insurers/lifenet",
        "life-insurers/prudential-japan",
        "megabanks/sbi-hd",
        "megabanks/sony-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/zurich-japan",
        "payment-firms/rakuten-fg",
        "regional-banks/sbi-shinsei-bank",
        "securities-firms/sbi-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/zurich-japan",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/sbi-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4438,
      "word_like_tokens": 756,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/sbi-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sbi-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sbi-insurance.md",
      "title": "SBI損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against ソニー損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "SBI損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "life-insurers/sbi-life",
        "megabanks/sbi-hd",
        "non-life-insurers/INDEX",
        "non-life-insurers/sbi-insurance-group",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-direct",
        "securities-firms/sbi-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/life-insurers/sbi-life",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/sbi-insurance-group",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
        "https://finwiki.zksc.io/securities-firms/sbi-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2248,
      "word_like_tokens": 359,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/scor-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/scor-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/scor-japan.md",
      "title": "スコール再保険日本支店",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against ハノーバー再保険日本支店 as a fellow \"European third-tier\" reinsurer, and the \"Big 2\" peers ミュンヘン再保険日本支店 and スイス再保険日本支店. The system anchor is nat-cat reinsurance Japan, with domestic contrast トーア再保険.",
      "headings": [
        "スコール再保険日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/rga-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/swiss-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2711,
      "word_like_tokens": 428,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/secom-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/secom-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/secom-insurance.md",
      "title": "セコム損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上日動火災保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "セコム損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2297,
      "word_like_tokens": 352,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/sompo-direct.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sompo-direct.md",
      "title": "SOMPOダイレクト損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 損害保険ジャパン for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "SOMPOダイレクト損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/saison-automobile-fire",
        "non-life-insurers/INDEX",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine-direct"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2107,
      "word_like_tokens": 323,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/sompo-japan-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sompo-japan-insurance.md",
      "title": "損害保険ジャパン",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SOMPOダイレクト損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "損害保険ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/sompo-himawari-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/sompo-himawari-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "non-life-insurers/sompo",
          "evidence": "official_profile",
          "source": "https://www.sompo-japan.co.jp/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2567,
      "word_like_tokens": 405,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/sompo.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sompo",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sompo.md",
      "title": "SOMPO ホールディングス (Sompo Holdings)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against MS&AD インシュアランス グループ ホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SOMPO ホールディングス (Sompo Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表（抜粋）^[extracted]",
        "1.5 最新財務 (FY2024 = 2025-03 期, 連結) ^[extracted]",
        "主要株主構成 ^[extracted]",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "non-life-insurers/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [
        "https://www.sompo-hd.com/"
      ],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6505,
      "word_like_tokens": 1091,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/sony-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/sony-insurance.md",
      "title": "ソニー損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上ダイレクト損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "ソニー損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/sony-bank",
        "insurance/INDEX",
        "insurance/saison-automobile-fire",
        "life-insurers/sony-life",
        "megabanks/sony-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/tokio-marine-direct"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/sony-bank",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/saison-automobile-fire",
        "https://finwiki.zksc.io/life-insurers/sony-life",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2014,
      "word_like_tokens": 312,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/starr-insurance-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/starr-insurance-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/starr-insurance-japan.md",
      "title": "Starr Insurance Japan / スター・インシュアランス・ジャパン",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against AIG Japan and Chubb Insurance Japan for foreign-specialty-insurer peer context, and insurance index for the broader Japan non-life market system / regulatory boundary.",
      "headings": [
        "Starr Insurance Japan / スター・インシュアランス・ジャパン",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "insurance/global-solvency-framework-comparison-matrix",
        "insurance/japan-nonlife-big-three",
        "non-life-insurers/INDEX",
        "non-life-insurers/aig-japan",
        "non-life-insurers/allianz-fire-marine-japan",
        "non-life-insurers/chubb-insurance-japan",
        "non-life-insurers/fm-global-japan",
        "non-life-insurers/lloyd-japan",
        "non-life-insurers/qbe-japan"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/insurance/japan-nonlife-big-three",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aig-japan",
        "https://finwiki.zksc.io/non-life-insurers/allianz-fire-marine-japan",
        "https://finwiki.zksc.io/non-life-insurers/chubb-insurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/fm-global-japan",
        "https://finwiki.zksc.io/non-life-insurers/lloyd-japan",
        "https://finwiki.zksc.io/non-life-insurers/qbe-japan"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4664,
      "word_like_tokens": 731,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/swiss-re-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/swiss-re-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/swiss-re-japan.md",
      "title": "スイス再保険日本支店",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against ミュンヘン再保険日本支店 for direct peer (\"Big 2\" global reinsurer) and トーア再保険 for the Japanese domestic-reinsurer contrast. The broader system anchor is nat-cat reinsurance Japan, and historical reference 日本地震再保険 explains the public-private earthqu",
      "headings": [
        "スイス再保険日本支店",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/rga-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/hannover-re-japan",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/munich-re-japan",
        "non-life-insurers/toa-reinsurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/rga-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/hannover-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/munich-re-japan",
        "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3018,
      "word_like_tokens": 450,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/toa-reinsurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/toa-reinsurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/toa-reinsurance.md",
      "title": "トーア再保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 日本地震再保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "トーア再保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "non-life-insurers/INDEX",
        "non-life-insurers/japan-earthquake-reinsurance",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/japan-earthquake-reinsurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2200,
      "word_like_tokens": 337,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/tokio-marine-direct.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/tokio-marine-direct.md",
      "title": "東京海上ダイレクト損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上日動火災保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "東京海上ダイレクト損害保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sony-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sony-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2182,
      "word_like_tokens": 342,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-life-insurers/tokio-marine-nichido-fire.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/tokio-marine-nichido-fire.md",
      "title": "東京海上日動火災保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against 東京海上ダイレクト損害保険 for peer / contrast context and insurance index for the broader system / regulatory boundary.",
      "headings": [
        "東京海上日動火災保険",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "insurance/natcat-reinsurance-japan",
        "life-insurers/tokio-marine-nichido-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/aioi-nissay-dowa-insurance",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/natcat-reinsurance-japan",
        "https://finwiki.zksc.io/life-insurers/tokio-marine-nichido-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/aioi-nissay-dowa-insurance",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "non-life-insurers/tokio-marine",
          "evidence": "official_profile",
          "source": "https://www.tokiomarine-nichido.co.jp/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/songai.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2709,
      "word_like_tokens": 420,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/tokio-marine.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/tokio-marine.md",
      "title": "東京海上ホールディングス (Tokio Marine Holdings)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against SOMPO ホールディングス (Sompo Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京海上ホールディングス (Tokio Marine Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・グループ会社",
        "合併歴史・前身",
        "重要年表(抜粋)",
        "連結業績(FY2024 = 2025-03 期、確認済)",
        "2. 事業セグメント・マップ",
        "海外 M&A 主導の成長戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "non-life-insurers/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5293,
      "word_like_tokens": 929,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "non-life-insurers/yamap-naturance-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/yamap-naturance-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/yamap-naturance-insurance.md",
      "title": "ヤマップネイチャランス損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it with insurance index, NTTドコモ損害保険, au損害保険, and アニコム損害保険 as specialty / embedded non-life comparison routes.",
      "headings": [
        "ヤマップネイチャランス損害保険",
        "Wiki route",
        "Overview",
        "1. License / operating boundary",
        "2. Operating model",
        "3. Strategic reading",
        "4. Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/anicom-insurance",
        "non-life-insurers/au-insurance",
        "non-life-insurers/msad",
        "non-life-insurers/ntt-docomo-sonpo",
        "non-life-insurers/sompo",
        "non-life-insurers/sompo-direct",
        "non-life-insurers/sompo-japan-insurance",
        "non-life-insurers/tokio-marine",
        "non-life-insurers/tokio-marine-direct",
        "non-life-insurers/tokio-marine-nichido-fire"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/anicom-insurance",
        "https://finwiki.zksc.io/non-life-insurers/au-insurance",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/ntt-docomo-sonpo",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/sompo-direct",
        "https://finwiki.zksc.io/non-life-insurers/sompo-japan-insurance",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-direct",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine-nichido-fire"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3682,
      "word_like_tokens": 598,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/zenkankyo-reiwa-insurance.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/zenkankyo-reiwa-insurance.md",
      "title": "Zenkankyo Reiwa Insurance / 全管協れいわ損害保険",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: non-life-insurers/INDEX -> insurance/INDEX -> non-life-insurers/zenkankyo-reiwa-insurance",
      "headings": [
        "Zenkankyo Reiwa Insurance / 全管協れいわ損害保険",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/insurance-license-and-solvency",
        "insurance/INDEX",
        "non-life-insurers/INDEX",
        "non-life-insurers/rescue-insurance",
        "non-life-insurers/sakura-insurance",
        "non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/insurance-license-and-solvency",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/rescue-insurance",
        "https://finwiki.zksc.io/non-life-insurers/sakura-insurance",
        "https://finwiki.zksc.io/non-life-insurers/zenkankyo-reiwa-insurance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2653,
      "word_like_tokens": 446,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/zenrosai.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/zenrosai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/zenrosai.md",
      "title": "全労済 / こくみん共済 coop (全国労働者共済生活協同組合連合会 / National Federation of Workers and Consumers Insurance Cooperatives)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX as a workers' / consumer-cooperative-based mutual-aid (共済) federation outside the JA / JF / shinkin / shinkumi axis. Read with JA 共済連 for the agricultural cooperative kyosai peer, 共栄火災海上保険 for cooperative-system non-life adjacency, insurance domain for t",
      "headings": [
        "全労済 / こくみん共済 coop (全国労働者共済生活協同組合連合会 / National Federation of Workers and Consumers Insurance Cooperatives)",
        "Wiki route",
        "TL;DR",
        "1. 組織構造",
        "生協系共済 vs 農協系共済 ^[extracted]",
        "重要年表 ^[extracted]",
        "主力共済商品 ^[extracted]",
        "販売チャネル",
        "規模感 (2024 年度決算 / 2025-05-31 期末)",
        "「こくみん共済 coop」ブランド戦略"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "cooperative-banks/norinchukin",
        "cooperative-banks/rokin-renraku",
        "financial-regulators/zenchugin-kyo",
        "insurance/INDEX",
        "insurance/mutual-vs-stock-life-insurer",
        "life-insurers/dai-ichi-life",
        "life-insurers/lifenet",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "life-insurers/sumitomo-life",
        "non-life-insurers/INDEX",
        "non-life-insurers/ja-kyosairen",
        "non-life-insurers/kyoritsu-fire-marine",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/rokin-renraku",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/insurance/mutual-vs-stock-life-insurer",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/ja-kyosairen",
        "https://finwiki.zksc.io/non-life-insurers/kyoritsu-fire-marine",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5251,
      "word_like_tokens": 810,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-life-insurers/zurich-japan.md",
      "url": "https://finwiki.zksc.io/non-life-insurers/zurich-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-life-insurers/zurich-japan.md",
      "title": "チューリッヒ保険会社 (Zurich Japan)",
      "domain": "non-life-insurers",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-life-insurers INDEX. Read it against アクサ・ジャパン (AXA Japan) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "チューリッヒ保険会社 (Zurich Japan)",
        "Wiki route",
        "TL;DR",
        "1. グループ構造",
        "主要法人ストラクチャ",
        "重要历史（年表）",
        "2. 業務ライン",
        "ポジショニング",
        "グローバルレバレッジ",
        "競合関係"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/axa-japan",
        "life-insurers/lifenet",
        "life-insurers/prudential-japan",
        "megabanks/sbi-hd",
        "megabanks/sony-fg",
        "non-life-insurers/INDEX",
        "non-life-insurers/msad",
        "non-life-insurers/sompo",
        "non-life-insurers/tokio-marine"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/axa-japan",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/non-life-insurers/INDEX",
        "https://finwiki.zksc.io/non-life-insurers/msad",
        "https://finwiki.zksc.io/non-life-insurers/sompo",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4327,
      "word_like_tokens": 621,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "non-profit/INDEX.md",
      "url": "https://finwiki.zksc.io/non-profit/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/INDEX.md",
      "title": "Governance domain",
      "domain": "non-profit",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes non-profit / public-interest legal structures and research-funding plumbing in Japan — primarily the 一般財団法人 / 公益財団法人 establishment route, the 公益 vs 一般 decision, the 一般社団 / NPO / 認定NPO landscape, and the institutional map for research grants. All entries are operational reference p",
      "headings": [
        "Governance domain",
        "TL;DR",
        "Entries",
        "Start here",
        "Research control",
        "Related domains",
        "Backlog",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "exchanges/INDEX",
        "finance/INDEX",
        "non-profit/japan-gakkou-houjin",
        "non-profit/japan-gakkou-houjin\\",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-general-foundation-establishment-requirements\\",
        "non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "non-profit/japan-ippan-vs-koeki-shadan-houjin\\",
        "non-profit/japan-iryou-houjin",
        "non-profit/japan-iryou-houjin\\",
        "non-profit/japan-josei-zaidan-grant-making",
        "non-profit/japan-josei-zaidan-grant-making\\",
        "non-profit/japan-koeki-houjin-accounting-standard",
        "non-profit/japan-koeki-houjin-accounting-standard\\",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-koeki-vs-general-zaidan-comparison\\",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-nintei-npo-houjin-tax-benefits\\",
        "non-profit/japan-npo-houjin-overview",
        "non-profit/japan-npo-houjin-overview\\",
        "non-profit/japan-research-grant-map-2026",
        "non-profit/japan-research-grant-map-2026\\",
        "non-profit/japan-shakai-fukushi-houjin",
        "non-profit/japan-shakai-fukushi-houjin\\",
        "non-profit/japan-shuukyou-houjin",
        "non-profit/japan-shuukyou-houjin\\",
        "policy-finance/INDEX",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-gakkou-houjin",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "https://finwiki.zksc.io/non-profit/japan-iryou-houjin",
        "https://finwiki.zksc.io/non-profit/japan-josei-zaidan-grant-making",
        "https://finwiki.zksc.io/non-profit/japan-koeki-houjin-accounting-standard",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026",
        "https://finwiki.zksc.io/non-profit/japan-shakai-fukushi-houjin",
        "https://finwiki.zksc.io/non-profit/japan-shuukyou-houjin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10197,
      "word_like_tokens": 1709,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-gakkou-houjin.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-gakkou-houjin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-gakkou-houjin.md",
      "title": "日本 学校法人 — educational corporation governance and tax treatment under the 私立学校法",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the education-specific non-profit legal person, created under its own statute (私立学校法) rather than the 一般法人法 family compared in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison. Like the foundation forms it is endowment/asset-governed rather than membership-governed,",
      "headings": [
        "日本 学校法人 — educational corporation governance and tax treatment under the 私立学校法",
        "Wiki route",
        "TL;DR",
        "Who authorises, and the 所轄庁 split",
        "Governing organs and the 2023 governance reform",
        "私学助成 — public subsidy as a defining feature",
        "Tax treatment",
        "How it differs from the other non-profit forms",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-npo-houjin-overview",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6240,
      "word_like_tokens": 1043,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-general-foundation-establishment-requirements.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-general-foundation-establishment-requirements.md",
      "title": "日本 一般財団法人 設立要件・プロセス",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under 日本 研究助成金 map（2026 年度） and should be read with FinWiki index.",
      "headings": [
        "日本 一般財団法人 設立要件・プロセス",
        "Wiki route",
        "法的根拠",
        "必要機関（全て強制）",
        "兼任禁止（重要）",
        "財産要件",
        "任期",
        "理事会開催頻度の実質要件",
        "設立費用（ミニマム）",
        "標準設立期間：1〜2 ヶ月"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "finance/INDEX",
        "fintech/japan-financial-regulation",
        "non-profit/INDEX",
        "non-profit/japan-research-grant-map-2026",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2581,
      "word_like_tokens": 470,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "non-profit/japan-ippan-vs-koeki-shadan-houjin.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-ippan-vs-koeki-shadan-houjin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-ippan-vs-koeki-shadan-houjin.md",
      "title": "日本 一般社団法人 vs 公益社団法人 — general vs public-interest incorporated association",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX and is the membership-based (社団) companion to the endowment-based foundation page Japan 一般財団法人 establishment requirements. It expands the 社団 columns of the cross-form table in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison, and contrasts with the separate-statute civ",
      "headings": [
        "日本 一般社団法人 vs 公益社団法人 — general vs public-interest incorporated association",
        "Wiki route",
        "TL;DR",
        "一般社団法人 — the base form",
        "非営利型 vs 普通法人扱い (tax sub-types)",
        "公益社団法人 — the public-interest upgrade",
        "Side-by-side",
        "社団 vs 財団 — choosing the axis",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/japan-financial-regulation",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-npo-houjin-overview",
        "non-profit/japan-research-grant-map-2026"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6936,
      "word_like_tokens": 1130,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "non-profit/japan-iryou-houjin.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-iryou-houjin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-iryou-houjin.md",
      "title": "日本 医療法人 — medical corporation types, the non-profit constraint, and tax treatment",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the healthcare-specific legal person under the 医療法 (Medical Care Act) — a non-profit-by-statute form that nonetheless can have ownership-like 持分, which makes it a partial peer to, not a member of, the 一般法人法 family in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison.",
      "headings": [
        "日本 医療法人 — medical corporation types, the non-profit constraint, and tax treatment",
        "Wiki route",
        "TL;DR",
        "Two structural axes: 社団 vs 財団, and 持分あり vs 持分なし",
        "The non-profit constraint (and why it is not a 公益法人)",
        "社会医療法人 — the public-mission upper tier",
        "Governance organs",
        "How it differs from the other non-profit forms",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-shakai-fukushi-houjin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-shakai-fukushi-houjin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6435,
      "word_like_tokens": 1147,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-josei-zaidan-grant-making.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-josei-zaidan-grant-making",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-josei-zaidan-grant-making.md",
      "title": "日本 助成財団 — grant-making foundations: structure, the 公益 grant-making test, and donor economics",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the grantor-side vehicle — the foundation that gives research/scholarship money — and is the deliberate companion to the grantee-side directory in Japan research grant map 2026 (which maps the public programmes you apply to). Structurally a 助成財団 is almost al",
      "headings": [
        "日本 助成財団 — grant-making foundations: structure, the 公益 grant-making test, and donor economics",
        "Wiki route",
        "TL;DR",
        "Grant-making vs operating foundations",
        "What makes grant-making a 公益目的事業",
        "Funding sources of a 助成財団",
        "Donor / sponsor economics — why 公益 status matters here",
        "Grant-making mechanics",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "corporate-strategy/INDEX",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-research-grant-map-2026",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6826,
      "word_like_tokens": 1170,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-koeki-houjin-accounting-standard.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-koeki-houjin-accounting-standard",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-koeki-houjin-accounting-standard.md",
      "title": "日本 公益法人会計基準 — the accounting standard for public-interest corporations",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the accounting / disclosure layer beneath the legal forms — it is what a 公益財団 / 公益社団 actually files, so it is the natural companion to 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison (which forms must report) and to Japan 一般財団法人 establishment requirements (who audi",
      "headings": [
        "日本 公益法人会計基準 — the accounting standard for public-interest corporations",
        "Wiki route",
        "TL;DR",
        "Why a special standard exists",
        "Core statements",
        "The 指定 / 一般 正味財産 split",
        "Segment accounting — 区分経理",
        "Audit and who applies the standard",
        "How it differs from for-profit and NPO accounting",
        "Strategic reading"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/cpaaob",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-npo-houjin-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/cpaaob",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6840,
      "word_like_tokens": 1123,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-koeki-vs-general-zaidan-comparison.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-koeki-vs-general-zaidan-comparison.md",
      "title": "公益財団 vs 一般財団 vs 一般社団 vs NPO法人 — Japan non-profit / public-interest legal form comparison",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under governance INDEX and routes into corporate-strategy INDEX for entity selection in mission-driven structures. Read with Japan 一般財団法人 establishment requirements for the foundation-mechanics detail and Japan research grant map 2026 for the downstream grant-eligibility question.",
      "headings": [
        "公益財団 vs 一般財団 vs 一般社団 vs NPO法人 — Japan non-profit / public-interest legal form comparison",
        "Wiki route",
        "TL;DR",
        "Side-by-Side Comparison Table",
        "Choosing Between Foundation and Association",
        "When Public-Interest 公益 Status Matters",
        "NPO法人 — Different Statute, Different Logic",
        "A Decision Tree",
        "Governance Comparison — Required Organs",
        "Tax Treatment in More Detail"
      ],
      "wikilinks": [
        "INDEX",
        "corporate-strategy/INDEX",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-research-grant-map-2026"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12961,
      "word_like_tokens": 2141,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "non-profit/japan-nintei-npo-houjin-tax-benefits.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-nintei-npo-houjin-tax-benefits.md",
      "title": "日本 認定NPO法人 — certification route and donor tax benefits",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX and is the tax-upgrade companion to the base form described in Japan NPO法人 overview. The donor-deductibility prize it unlocks parallels the 公益 advantage covered in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison, and matters most for organisations pursuing the public-",
      "headings": [
        "日本 認定NPO法人 — certification route and donor tax benefits",
        "Wiki route",
        "TL;DR",
        "Who certifies, and under what law",
        "The Public Support Test (PST)",
        "特例認定 — the PST waiver for young NPOs",
        "Donor tax benefits — the asymmetric prize",
        "How this compares to 公益 status",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "non-profit/INDEX",
        "non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-npo-houjin-overview",
        "non-profit/japan-research-grant-map-2026",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
        "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6740,
      "word_like_tokens": 1162,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "non-profit/japan-npo-houjin-overview.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-npo-houjin-overview.md",
      "title": "日本 NPO法人（特定非営利活動法人）— legal structure overview",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the standalone deep-dive on the 特定非営利活動法人 (NPO法人) form. It is the member-driven, civic-activity counterpart to the foundation route in Japan 一般財団法人 establishment requirements, and the donor-deductibility upgrade (認定NPO法人) is covered in Japan 認定NPO法人 tax bene",
      "headings": [
        "日本 NPO法人（特定非営利活動法人）— legal structure overview",
        "Wiki route",
        "TL;DR",
        "Governing law and supervisor",
        "The 20 permitted activity categories",
        "Establishment requirements",
        "Mandatory public disclosure",
        "Tax treatment",
        "When NPO法人 is (and isn't) the right form",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "finance/INDEX",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "policy-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-ippan-vs-koeki-shadan-houjin",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/policy-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7228,
      "word_like_tokens": 1197,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "non-profit/japan-research-grant-map-2026.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-research-grant-map-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-research-grant-map-2026.md",
      "title": "日本 研究助成金 map（2026 年度）",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under 日本 一般財団法人 設立要件・プロセス and should be read with FinWiki index.",
      "headings": [
        "日本 研究助成金 map（2026 年度）",
        "Wiki route",
        "主要候補（2026 年度）",
        "重要注意",
        "1. 金額は年度ごとに変動する",
        "2. 「1 件あたり上限額」の記載がない場合",
        "3. 応募期間は 12 月〜翌 4 月に集中",
        "適用案",
        "関連 wiki",
        "来源"
      ],
      "wikilinks": [
        "INDEX",
        "business/INDEX",
        "finance/INDEX",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "policy-finance/INDEX",
        "policy-finance/japan-student-services-organization"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2792,
      "word_like_tokens": 433,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "non-profit/japan-shakai-fukushi-houjin.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-shakai-fukushi-houjin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-shakai-fukushi-houjin.md",
      "title": "日本 社会福祉法人 — social welfare corporation governance, supervision, and tax treatment",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the social-welfare-specific legal form, governed by its own statute outside the 一般法人法 family tabulated in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison. It is the welfare-sector peer to the civic-activity form in Japan NPO法人 overview, and its donor-deductibility",
      "headings": [
        "日本 社会福祉法人 — social welfare corporation governance, supervision, and tax treatment",
        "Wiki route",
        "TL;DR",
        "What it is for — 第一種 / 第二種 社会福祉事業",
        "Establishment and asset requirement",
        "社会福祉充実残額 — the \"surplus must be reinvested\" rule",
        "Tax treatment",
        "How it differs from the other non-profit forms",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "non-profit/INDEX",
        "non-profit/japan-general-foundation-establishment-requirements",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-npo-houjin-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6795,
      "word_like_tokens": 1154,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "non-profit/japan-shuukyou-houjin.md",
      "url": "https://finwiki.zksc.io/non-profit/japan-shuukyou-houjin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/non-profit/japan-shuukyou-houjin.md",
      "title": "日本 宗教法人 — religious corporation status, supervision, and tax treatment",
      "domain": "non-profit",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under non-profit INDEX as the religion-specific legal person under the 宗教法人法 (Religious Corporations Act) — a public-interest-type non-profit that, like the 公益法人 in 公益財団 vs 一般財団 vs 一般社団 vs NPO法人 comparison, is corporation-tax-favoured on its core (religious) activity but taxed on enu",
      "headings": [
        "日本 宗教法人 — religious corporation status, supervision, and tax treatment",
        "Wiki route",
        "TL;DR",
        "Establishment — 認証, not licence",
        "The 1995 reform — disclosure and oversight after Aum",
        "Tax treatment — the religious-vs-収益事業 boundary",
        "Donor side",
        "How it differs from the other non-profit forms",
        "Strategic reading",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/INDEX",
        "financial-regulators/fsa",
        "non-profit/INDEX",
        "non-profit/japan-koeki-vs-general-zaidan-comparison",
        "non-profit/japan-nintei-npo-houjin-tax-benefits",
        "non-profit/japan-npo-houjin-overview",
        "non-profit/japan-shakai-fukushi-houjin"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/non-profit/INDEX",
        "https://finwiki.zksc.io/non-profit/japan-koeki-vs-general-zaidan-comparison",
        "https://finwiki.zksc.io/non-profit/japan-nintei-npo-houjin-tax-benefits",
        "https://finwiki.zksc.io/non-profit/japan-npo-houjin-overview",
        "https://finwiki.zksc.io/non-profit/japan-shakai-fukushi-houjin"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6584,
      "word_like_tokens": 1127,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/INDEX.md",
      "url": "https://finwiki.zksc.io/payment-firms/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/INDEX.md",
      "title": "payment-firms — Japanese payment-service operator index",
      "domain": "payment-firms",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "payment-firms/ contains 53 entity entries (excluding this INDEX, 54 total) for Japanese payment-service operating companies — the regulated and operating-company layer split out of the former JapanFG umbrella. The domain covers:",
      "headings": [
        "payment-firms — Japanese payment-service operator index",
        "Scope",
        "Disambiguation",
        "Start here",
        "Code-payment & wallet operators",
        "Acquirers / PSP / payment gateway",
        "International card-brand / scheme operators",
        "Prepaid / e-money / travel-finance wallet",
        "BNPL / 後払い (atobarai)",
        "Crypto-asset exchanges & stablecoin / tokenization"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "card-issuers/jcb",
        "fintech/INDEX",
        "leasing-firms/orix-corp",
        "payment-firms/airwallex-japan",
        "payment-firms/american-express-international-japan",
        "payment-firms/atone",
        "payment-firms/au-payment",
        "payment-firms/bitflyer",
        "payment-firms/bittrade",
        "payment-firms/bnpl-landscape",
        "payment-firms/dg-financial-technology",
        "payment-firms/diners-club-japan",
        "payment-firms/dock-financial",
        "payment-firms/famima-digital-one",
        "payment-firms/freee",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-coin",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/gmo-postpay",
        "payment-firms/ibank-marketing",
        "payment-firms/infcurion",
        "payment-firms/jal-payment-port",
        "payment-firms/jcb-international",
        "payment-firms/jpyc",
        "payment-firms/kuroneko-atobarai",
        "payment-firms/kyash",
        "payment-firms/mastercard-japan",
        "payment-firms/mercari-hd",
        "payment-firms/merpay",
        "payment-firms/money-forward",
        "payment-firms/net-protections-hd",
        "payment-firms/netstars",
        "payment-firms/olta",
        "payment-firms/paidy",
        "payment-firms/payoneer-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypay",
        "payment-firms/pring",
        "payment-firms/progmat",
        "payment-firms/rakuten-edy",
        "payment-firms/rakuten-fg",
        "payment-firms/recruit-mufg-business",
        "payment-firms/revolut-technologies-japan",
        "payment-firms/sb-payment-service",
        "payment-firms/sbi-remit",
        "payment-firms/seven-payment-service",
        "payment-firms/smartbank",
        "payment-firms/travelex-japan",
        "payment-firms/unionpay-international-japan",
        "payment-firms/visa-worldwide-japan",
        "payment-firms/wealthnavi",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payment-firms/zaim",
        "payments/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/payment-firms/airwallex-japan",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/atone",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/bittrade",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/diners-club-japan",
        "https://finwiki.zksc.io/payment-firms/dock-financial",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/gmo-postpay",
        "https://finwiki.zksc.io/payment-firms/ibank-marketing",
        "https://finwiki.zksc.io/payment-firms/infcurion",
        "https://finwiki.zksc.io/payment-firms/jal-payment-port",
        "https://finwiki.zksc.io/payment-firms/jcb-international",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/kuroneko-atobarai",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/olta",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/payoneer-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/pring",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/revolut-technologies-japan",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payment-firms/travelex-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payment-firms/wealthnavi",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payment-firms/zaim",
        "https://finwiki.zksc.io/payments/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7251,
      "word_like_tokens": 1047,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payment-firms/airwallex-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/airwallex-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/airwallex-japan.md",
      "title": "Airwallex Japan",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against Wise Payments Japan for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "Airwallex Japan",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/payoneer-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/wise-payments-japan",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/payoneer-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2265,
      "word_like_tokens": 346,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/american-express-international-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/american-express-international-japan.md",
      "title": "アメリカン・エキスプレス・インターナショナル日本支店 (American Express International Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (JCB と Amex は両方 3-party scheme + 提携歴あり) and Japan card issuer / acquirer / processor split for the broader system / regulatory boundary.",
      "headings": [
        "アメリカン・エキスプレス・インターナショナル日本支店 (American Express International Japan)",
        "Wiki route",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "3. Strategy & competitive position vs JCB / domestic schemes",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/aplus",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/diners-club-japan",
        "payment-firms/mastercard-japan",
        "payment-firms/unionpay-international-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-interchange-and-merchant-fee-stack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/diners-club-japan",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3858,
      "word_like_tokens": 590,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/atone.md",
      "url": "https://finwiki.zksc.io/payment-firms/atone",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/atone.md",
      "title": "atone (アトネ)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a consumer BNPL wallet brand. Read it together with the Japan BNPL landscape system note, the Net Protections HD corporate parent for ownership context, and the Paidy peer for direct comparator. The BNPL and credit-purchase boundary page sets the regu",
      "headings": [
        "atone (アトネ)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/famima-digital-one",
        "payment-firms/merpay",
        "payment-firms/net-protections-hd",
        "payment-firms/paidy",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2621,
      "word_like_tokens": 390,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/au-payment.md",
      "url": "https://finwiki.zksc.io/payment-firms/au-payment",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/au-payment.md",
      "title": "auペイメント (au Payment)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "auペイメント (au Payment)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "loyalty/japan-points-landscape",
        "megabanks/au-fh",
        "payment-firms/INDEX",
        "payment-firms/paypay",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/au-fh",
          "evidence": "official_profile",
          "source": "https://www.au-payment.co.jp/company/profile.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 2616,
      "word_like_tokens": 436,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/bitflyer.md",
      "url": "https://finwiki.zksc.io/payment-firms/bitflyer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/bitflyer.md",
      "title": "bitFlyer (株式会社ビットフライヤー / bitFlyer Holdings)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against マネックスグループ (Monex Group) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "bitFlyer (株式会社ビットフライヤー / bitFlyer Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ構造（公開情報ベース）",
        "主要株主・資金調達（公開情報）",
        "2. 沿革・重要年表",
        "3. 事業セグメント・マップ",
        "コア戦略",
        "競合関係"
      ],
      "wikilinks": [
        "banking/INDEX",
        "exchanges/jp-exchange-bitbank",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-rakuten-wallet",
        "exchanges/jp-exchange-sbi-vc-trade",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "payment-firms/INDEX",
        "payment-firms/gmo-coin",
        "securities-firms/monex-group",
        "systems/bitflyer-blockchain"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-bitbank",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-rakuten-wallet",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/systems/bitflyer-blockchain"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5093,
      "word_like_tokens": 811,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/bittrade.md",
      "url": "https://finwiki.zksc.io/payment-firms/bittrade",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/bittrade.md",
      "title": "ビットトレード (BitTrade)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against マネックスグループ (Monex Group) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ビットトレード (BitTrade)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "沿革（公開情報ベース）^[extracted]",
        "2. 事業セグメント・マップ",
        "ポジショニング",
        "競合マップ",
        "戦略テーマ",
        "4. 規制・政策"
      ],
      "wikilinks": [
        "banking/INDEX",
        "exchanges/jp-exchange-coincheck",
        "exchanges/jp-exchange-sbi-vc-trade",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/bitflyer",
        "payment-firms/gmo-coin",
        "securities-firms/monex-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-coincheck",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/securities-firms/monex-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3881,
      "word_like_tokens": 620,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/bnpl-landscape.md",
      "url": "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/bnpl-landscape.md",
      "title": "Japan BNPL landscape",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 楽天カード (Rakuten Card) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "Japan BNPL landscape",
        "Wiki route",
        "TL;DR",
        "Market Map",
        "Legal / Product Boundary",
        "Paidy Anchor",
        "Why BNPL Is Different In Japan",
        "JapanFG Relevance",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "card-issuers/rakuten-card",
        "financial-licenses/INDEX",
        "megabanks/paypay-fg",
        "payment-firms/INDEX",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/paidy",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4686,
      "word_like_tokens": 720,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/dg-financial-technology.md",
      "url": "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/dg-financial-technology.md",
      "title": "DGフィナンシャルテクノロジー (DGFT)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against SBペイメントサービス (SB Payment Service) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "DGフィナンシャルテクノロジー (DGFT)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2199,
      "word_like_tokens": 332,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/diners-club-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/diners-club-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/diners-club-japan.md",
      "title": "ダイナースクラブ ジャパン (Diners Club Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (両者とも 3-party 系・プレミアム志向) and Japan card issuer / acquirer / processor split for the broader system / regulatory boundary.",
      "headings": [
        "ダイナースクラブ ジャパン (Diners Club Japan)",
        "Wiki route",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "3. Strategy & competitive position vs JCB / domestic schemes",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/jcb",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/american-express-international-japan",
        "payment-firms/mastercard-japan",
        "payment-firms/unionpay-international-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-interchange-and-merchant-fee-stack",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3855,
      "word_like_tokens": 582,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/dock-financial.md",
      "url": "https://finwiki.zksc.io/payment-firms/dock-financial",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/dock-financial.md",
      "title": "SBペイメントサービス (SoftBank Payment Service)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX as the operating-company anchor for ソフトバンク株式会社（東証 PRIME 9434、コア通信事業）グループの 決済代行・金融サービス子会社 SB ペイメントサービス（SBPS）. Read it against PayPay 金融グループ for the sister SoftBank-affiliated payment / fintech cluster, au フィナンシャル HD for the telco-captive financial group peer,",
      "headings": [
        "SBペイメントサービス (SoftBank Payment Service)",
        "Wiki route",
        "TL;DR",
        "1. 法人概要",
        "2.1 オンライン決済サービス（PSP）",
        "2.2 加盟店規模",
        "2.3 サブセグメント",
        "3. 親会社関係（SoftBank Group の金融構造内）",
        "SBPS vs PayPay 金融グループ の棲み分け",
        "4. KPI（公開情報ベース、参考値）"
      ],
      "wikilinks": [
        "banking/paypay-bank",
        "card-issuers/paypay-card",
        "megabanks/au-fh",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "payment-firms/INDEX",
        "payment-firms/digital-garage",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/paypay",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/paypay",
        "payments/suica-prepaid-jr-east",
        "securities-firms/paypay-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/suica-prepaid-jr-east",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5939,
      "word_like_tokens": 988,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/famima-digital-one.md",
      "url": "https://finwiki.zksc.io/payment-firms/famima-digital-one",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/famima-digital-one.md",
      "title": "ファミマデジタルワン (FamiMa Digital One)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against GMO ペイメントゲートウェイ for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "ファミマデジタルワン (FamiMa Digital One)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "親会社・株主構造（2026 時点）",
        "重要年表",
        "2. 事業セグメント・マップ",
        "コア戦略",
        "競合構図",
        "中計の重要転換点"
      ],
      "wikilinks": [
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4413,
      "word_like_tokens": 756,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/freee.md",
      "url": "https://finwiki.zksc.io/payment-firms/freee",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/freee.md",
      "title": "freee 株式会社 (freee K.K.)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 株式会社マネーフォワード (Money Forward) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "freee 株式会社 (freee K.K.)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態",
        "重要年表（公開情報ベース）^[extracted]",
        "2. 事業セグメント・マップ",
        "「中小企業 + フリーランス」特化",
        "法人 BPaaS 化",
        "競合構図"
      ],
      "wikilinks": [
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/gmo-aozora-net",
        "payment-firms/money-forward"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/money-forward"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4668,
      "word_like_tokens": 749,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/gmo-aozora-net.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-aozora-net.md",
      "title": "GMO あおぞらネット銀行",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 住信 SBI ネット銀行 (SBI Sumishin Net Bank) → ドコモ SMTB ネット銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "GMO あおぞらネット銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主（2026-02-20 時点・公式会社概要）",
        "グループ内ポジション",
        "沿革 ^[extracted]",
        "2. 事業セグメント・マップ",
        "法人 BaaS 軸の差別化",
        "親 GMO とのシナジー"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/baas-japan-landscape",
        "banking/mercari-bank",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "payment-firms/INDEX",
        "payment-firms/gmo-coin",
        "regional-banks/aozora-bank",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/mercari-bank",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5383,
      "word_like_tokens": 943,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/gmo-coin.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-coin",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-coin.md",
      "title": "GMO コイン (GMO Coin)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against マネックスグループ (Monex Group) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "GMO コイン (GMO Coin)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ構造",
        "2. 事業セグメント・マップ",
        "3. 沿革",
        "GMO 金融エコシステム連携",
        "競合ポジション",
        "Web3 / DeFi 拡張"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/bitflyer",
        "payment-firms/bittrade",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-payment-gateway",
        "securities-firms/monex-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/bittrade",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/securities-firms/monex-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4424,
      "word_like_tokens": 764,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/gmo-epsilon.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-epsilon.md",
      "title": "GMOイプシロン (GMO Epsilon)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against SBペイメントサービス (SB Payment Service) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "GMOイプシロン (GMO Epsilon)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "business/gmo-internet-group",
        "payment-firms/INDEX",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2114,
      "word_like_tokens": 325,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/gmo-financial-hd.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-financial-hd.md",
      "title": "GMO フィナンシャルホールディングス (GMO FHD)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 楽天グループ金融事業 (Rakuten FG) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "GMO フィナンシャルホールディングス (GMO FHD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ構造（GMO 金融セグメント）",
        "2. 事業セグメント・マップ",
        "3. 沿革",
        "GMO 金融経済圏の中核",
        "競合ポジション",
        "海外戦略"
      ],
      "wikilinks": [
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/bitflyer",
        "payment-firms/freee",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-coin",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/money-forward",
        "payment-firms/rakuten-fg",
        "securities-firms/daiwa-sg",
        "securities-firms/matsui-sec",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6885,
      "word_like_tokens": 1162,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/gmo-payment-gateway.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-payment-gateway.md",
      "title": "GMO ペイメントゲートウェイ",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against ファミマデジタルワン (FamiMa Digital One) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "GMO ペイメントゲートウェイ",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 沿革",
        "国内戦略",
        "海外戦略",
        "競合マップ",
        "5. 規制・政策"
      ],
      "wikilinks": [
        "business/gmo-internet-group",
        "card-issuers/jcb",
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/famima-digital-one",
        "payment-firms/freee",
        "payment-firms/mercari-hd",
        "payment-firms/money-forward",
        "payment-firms/paidy"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/paidy"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4152,
      "word_like_tokens": 752,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/gmo-postpay.md",
      "url": "https://finwiki.zksc.io/payment-firms/gmo-postpay",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/gmo-postpay.md",
      "title": "GMO後払い (GMO Postpay)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a PSP-side BNPL product. Read it against the Japan BNPL landscape system note, with the GMO ペイメントゲートウェイ sibling explaining the merchant-acquiring stack and the Net Protections HD / Paidy peers showing pure-play BNPL. The BNPL and credit-purchase bound",
      "headings": [
        "GMO後払い (GMO Postpay)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/atone",
        "payment-firms/bnpl-landscape",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/gmo-postpay",
        "payment-firms/kuroneko-atobarai",
        "payment-firms/net-protections-hd",
        "payment-firms/paidy",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/atone",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/gmo-postpay",
        "https://finwiki.zksc.io/payment-firms/kuroneko-atobarai",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2979,
      "word_like_tokens": 476,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/ibank-marketing.md",
      "url": "https://finwiki.zksc.io/payment-firms/ibank-marketing",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/ibank-marketing.md",
      "title": "iBank マーケティング (iBank Marketing)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as the FG-subsidiary fintech / wallet-app operating-company anchor for ふくおか FG (FFG). Read it against parent operating bank 福岡銀行 / 十八親和銀行 / 熊本銀行 and the wallet-app peer PayPay FG / au フィナンシャル HD / 楽天 FG context. For broader system route see regional-bank",
      "headings": [
        "iBank マーケティング (iBank Marketing)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "iBank マーケティング 設立",
        "Wallet+ アプリ 展開",
        "グループ拡大",
        "4. KPI table (concept)",
        "5. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/regional-bank-api-digital-partnership-route",
        "megabanks/au-fh",
        "megabanks/paypay-fg",
        "payment-firms/INDEX",
        "payment-firms/freee",
        "payment-firms/mercari-hd",
        "payment-firms/money-forward",
        "payment-firms/rakuten-fg",
        "regional-banks/18-shinwa-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kumamoto-bank",
        "securities-firms/ffg-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/securities-firms/ffg-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6013,
      "word_like_tokens": 950,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/infcurion.md",
      "url": "https://finwiki.zksc.io/payment-firms/infcurion",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/infcurion.md",
      "title": "インフキュリオン (Infcurion)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a white-label fintech vendor that sits one layer below the consumer-facing wallets. Read it together with the Japan BNPL landscape for the BNPL-adjacent payment context, the DG Financial Technology and FamiMa Digital One peers for white-label / mercha",
      "headings": [
        "インフキュリオン (Infcurion)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/dg-financial-technology",
        "payment-firms/famima-digital-one",
        "payment-firms/freee",
        "payment-firms/kyash",
        "payment-firms/merpay",
        "payment-firms/money-forward",
        "payment-firms/net-protections-hd",
        "payment-firms/paidy",
        "payment-firms/smartbank",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3006,
      "word_like_tokens": 435,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/jal-payment-port.md",
      "url": "https://finwiki.zksc.io/payment-firms/jal-payment-port",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/jal-payment-port.md",
      "title": "JALペイメント・ポート",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with funds-transfer registry for regulatory context, funds-transfer vs prepaid for wallet classification, and SBI / Sumishin SBI Net Bank for group-adjacent banking infrastructure.",
      "headings": [
        "JALペイメント・ポート",
        "Wiki route",
        "Overview",
        "1. 法人・ライセンス境界",
        "2. Business Role",
        "3. Why This Standalone Page Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "loyalty/japan-points-landscape",
        "megabanks/sbi-hd",
        "payment-firms/INDEX",
        "payment-firms/seven-payment-service",
        "payments/INDEX",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3132,
      "word_like_tokens": 518,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/jcb-international.md",
      "url": "https://finwiki.zksc.io/payment-firms/jcb-international",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/jcb-international.md",
      "title": "ジェーシービー・インターナショナル (JCB International)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (parent / scheme operator relationship) and Japan card issuer / acquirer / processor split for the broader system / regulatory boundary.",
      "headings": [
        "ジェーシービー・インターナショナル (JCB International)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "3. Strategy & competitive position vs JCB / domestic schemes",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/american-express-international-japan",
        "payment-firms/mastercard-japan",
        "payment-firms/unionpay-international-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/japan-card-issuer-acquirer-processor-split"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3230,
      "word_like_tokens": 507,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/jpyc.md",
      "url": "https://finwiki.zksc.io/payment-firms/jpyc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/jpyc.md",
      "title": "JPYC株式会社",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against Wise Payments Japan for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "JPYC株式会社",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-jpyc",
        "exchanges/jp-exchange-sbi-vc-trade",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-trust-type-sc-architecture",
        "payment-firms/INDEX",
        "payment-firms/progmat",
        "payment-firms/wise-payments-japan",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-exchange-jpyc",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2082,
      "word_like_tokens": 336,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/kuroneko-atobarai.md",
      "url": "https://finwiki.zksc.io/payment-firms/kuroneko-atobarai",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/kuroneko-atobarai.md",
      "title": "クロネコ代金後払いサービス (Kuroneko Atobarai)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a logistics-anchored BNPL product. Read it against the Japan BNPL landscape system note, the Net Protections HD / Paidy BNPL peer set, and the Japan BNPL and credit-purchase boundary for the regulatory question. The METI credit-purchase registry is th",
      "headings": [
        "クロネコ代金後払いサービス (Kuroneko Atobarai)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/jcb",
        "megabanks/nippon-post",
        "payment-firms/INDEX",
        "payment-firms/atone",
        "payment-firms/bnpl-landscape",
        "payment-firms/net-protections-hd",
        "payment-firms/paidy",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/megabanks/nippon-post",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/atone",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2730,
      "word_like_tokens": 397,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/kyash.md",
      "url": "https://finwiki.zksc.io/payment-firms/kyash",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/kyash.md",
      "title": "Kyash",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against pring for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "Kyash",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/mufg-nicos",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/paypay",
        "payment-firms/pring",
        "payment-firms/smartbank",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/pring",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2053,
      "word_like_tokens": 331,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/mastercard-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/mastercard-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/mastercard-japan.md",
      "title": "マスターカードジャパン (Mastercard Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (4-party global scheme vs JCB の 3-party hybrid) and Japan interchange and merchant fee stack for the broader system / regulatory boundary.",
      "headings": [
        "マスターカードジャパン (Mastercard Japan)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/aplus",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/rakuten-card",
        "payment-firms/INDEX",
        "payment-firms/american-express-international-japan",
        "payment-firms/unionpay-international-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-interchange-and-merchant-fee-stack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3112,
      "word_like_tokens": 478,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/mercari-hd.md",
      "url": "https://finwiki.zksc.io/payment-firms/mercari-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/mercari-hd.md",
      "title": "メルカリ HD（株式会社メルカリ）",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against マネックスグループ (Monex Group) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "メルカリ HD（株式会社メルカリ）",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・新規事業",
        "重要年表",
        "2. 事業セグメント・マップ",
        "サービス連携の特徴",
        "垂直統合戦略",
        "海外戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/merpay",
        "payment-firms/rakuten-fg",
        "securities-firms/monex-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/monex-group"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6547,
      "word_like_tokens": 1209,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/merpay.md",
      "url": "https://finwiki.zksc.io/payment-firms/merpay",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/merpay.md",
      "title": "メルペイ (Merpay)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "メルペイ (Merpay)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "loyalty/japan-points-landscape",
        "payment-firms/INDEX",
        "payment-firms/mercari-hd",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "payment-firms/mercari-hd",
          "evidence": "official_profile",
          "source": "https://jp.merpay.com/about/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 3248,
      "word_like_tokens": 507,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "payment-firms/money-forward.md",
      "url": "https://finwiki.zksc.io/payment-firms/money-forward",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/money-forward.md",
      "title": "株式会社マネーフォワード (Money Forward)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against freee 株式会社 (freee K.K.) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "株式会社マネーフォワード (Money Forward)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "創業者・辻庸介",
        "主要株主・資本提携 (時点変動あり)",
        "主要子会社・サービス構造",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "個人 PFM × 法人 SaaS 両軸戦略"
      ],
      "wikilinks": [
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/freee"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/freee"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4153,
      "word_like_tokens": 762,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/net-protections-hd.md",
      "url": "https://finwiki.zksc.io/payment-firms/net-protections-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/net-protections-hd.md",
      "title": "ネットプロテクションズHD (Net Protections HD)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a pure-play BNPL operator. Read it against the Japan BNPL landscape system note and the Paidy peer for contrast, with the Japan BNPL and credit-purchase boundary page setting the regulatory lens and the credit-purchase / card operator registry anchori",
      "headings": [
        "ネットプロテクションズHD (Net Protections HD)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "payment-firms/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/merpay",
        "payment-firms/paidy",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4251,
      "word_like_tokens": 675,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "payment-firms/netstars.md",
      "url": "https://finwiki.zksc.io/payment-firms/netstars",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/netstars.md",
      "title": "ネットスターズ",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with GMO Payment Gateway and DG Financial Technology for PSP peer context, and with funds-transfer registry for the broader regulatory boundary.",
      "headings": [
        "ネットスターズ",
        "Wiki route",
        "Overview",
        "1. 法人・ライセンス境界",
        "2. Business Role",
        "3. Why This Standalone Page Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/japan-code-payment-competitive-map",
        "payments/psp-merchant-settlement-risk"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3225,
      "word_like_tokens": 507,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/olta.md",
      "url": "https://finwiki.zksc.io/payment-firms/olta",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/olta.md",
      "title": "OLTA (オルタ)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a B2B factoring fintech that sits next to BNPL in the wider working-capital stack. Read it together with the Japan BNPL landscape system note, the Net Protections HD BtoB BNPL peer (NP 掛け払い), and the Money Forward / Biz Forward sibling for the SaaS-le",
      "headings": [
        "OLTA (オルタ)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "payment-firms/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/freee",
        "payment-firms/money-forward",
        "payment-firms/net-protections-hd",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2633,
      "word_like_tokens": 391,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/paidy.md",
      "url": "https://finwiki.zksc.io/payment-firms/paidy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/paidy.md",
      "title": "株式会社ペイディ (Paidy)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 楽天グループ金融事業 (Rakuten FG) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "株式会社ペイディ (Paidy)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要サービスライン",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "与信モデル",
        "競合マップ",
        "グローバル比較"
      ],
      "wikilinks": [
        "card-issuers/installment-sales-act-2020-amendment",
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/bnpl-landscape",
        "payment-firms/mercari-hd",
        "payment-firms/rakuten-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 4127,
      "word_like_tokens": 688,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/payoneer-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/payoneer-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/payoneer-japan.md",
      "title": "Payoneer Japan",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against Wise Payments Japan and Airwallex Japan for peer / contrast (cross-border business-payment fintech), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "Payoneer Japan",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "payment-firms/INDEX",
        "payment-firms/airwallex-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/wise-payments-japan",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/airwallex-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2539,
      "word_like_tokens": 382,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/paypal-pte-ltd-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/paypal-pte-ltd-japan.md",
      "title": "PayPal Pte. Ltd. Japan service boundary",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against REVOLUT TECHNOLOGIES JAPAN for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "PayPal Pte. Ltd. Japan service boundary",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/airwallex-japan",
        "payment-firms/payoneer-japan",
        "payment-firms/paypay",
        "payment-firms/revolut-technologies-japan",
        "payment-firms/wise-payments-japan",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/airwallex-japan",
        "https://finwiki.zksc.io/payment-firms/payoneer-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/revolut-technologies-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2337,
      "word_like_tokens": 361,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/paypay.md",
      "url": "https://finwiki.zksc.io/payment-firms/paypay",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/paypay.md",
      "title": "PayPay株式会社",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against PayPal Pte. Ltd. Japan service boundary for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "PayPay株式会社",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/paypay-card",
        "megabanks/paypay-fg",
        "payment-firms/INDEX",
        "payment-firms/paypal-pte-ltd-japan",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary",
        "securities-firms/paypay-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/securities-firms/paypay-securities"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/paypay-fg",
          "evidence": "official_profile",
          "source": "https://about.paypay.ne.jp/about/",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 3107,
      "word_like_tokens": 494,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "payment-firms/pring.md",
      "url": "https://finwiki.zksc.io/payment-firms/pring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/pring.md",
      "title": "pring",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against Kyash for peer / contrast (another P2P-wallet funds-transfer operator), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "pring",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "payment-firms/INDEX",
        "payment-firms/kyash",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2467,
      "word_like_tokens": 381,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/progmat.md",
      "url": "https://finwiki.zksc.io/payment-firms/progmat",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/progmat.md",
      "title": "株式会社Progmat",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for adjacent context and payments index for the broader system boundary.",
      "headings": [
        "株式会社Progmat",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/INDEX",
        "financial-regulators/japan-exchange-group",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-progmat",
        "fintech/jp-trust-type-sc-architecture",
        "megabanks/mufg",
        "payment-firms/INDEX",
        "payment-firms/jpyc",
        "payments/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/fintech/jp-trust-type-sc-architecture",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2413,
      "word_like_tokens": 371,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/rakuten-edy.md",
      "url": "https://finwiki.zksc.io/payment-firms/rakuten-edy",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/rakuten-edy.md",
      "title": "楽天Edy",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against Rakuten financial ecosystem for the group / parent context and セブン・ペイメントサービス / nanaco-style prepaid peers for contrast, and against the funds-transfer vs prepaid boundary plus the FSA for the supervisory / system boundary.",
      "headings": [
        "楽天Edy",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/rakuten-card",
        "financial-regulators/fsa",
        "loyalty/japan-points-landscape",
        "payment-firms/INDEX",
        "payment-firms/rakuten-fg",
        "payment-firms/seven-payment-service",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-prepaid-electronic-money-operator-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-prepaid-electronic-money-operator-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2621,
      "word_like_tokens": 404,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/rakuten-fg.md",
      "url": "https://finwiki.zksc.io/payment-firms/rakuten-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/rakuten-fg.md",
      "title": "楽天グループ金融事業 (Rakuten FG)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against GMO ペイメントゲートウェイ for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "楽天グループ金融事業 (Rakuten FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ規模（直近公開ベース・連結）",
        "主要子会社・関連（金融セグメント中心）",
        "重要年表（金融セグメント中心・公開情報ベース）",
        "2. 事業セグメント・マップ",
        "「楽天経済圏」モデル",
        "EC 軸の独自性（vs 通信系 / メガバンク系）"
      ],
      "wikilinks": [
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/gmo-payment-gateway"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 6421,
      "word_like_tokens": 1243,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "payment-firms/recruit-mufg-business.md",
      "url": "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/recruit-mufg-business.md",
      "title": "リクルートMUFGビジネス",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with MUFG for bank-group context, funds-transfer registry for the regulatory route, and Japan code-payment competitive map for wallet competition.",
      "headings": [
        "リクルートMUFGビジネス",
        "Wiki route",
        "Overview",
        "1. 法人・ライセンス境界",
        "2. Business Role",
        "3. Why This Standalone Page Matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "payment-firms/INDEX",
        "payment-firms/au-payment",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/prepaid-payment-instrument-issuers-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3021,
      "word_like_tokens": 497,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/revolut-technologies-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/revolut-technologies-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/revolut-technologies-japan.md",
      "title": "REVOLUT TECHNOLOGIES JAPAN",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against PayPal Pte. Ltd. Japan service boundary for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "REVOLUT TECHNOLOGIES JAPAN",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/airwallex-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypay",
        "payment-firms/wise-payments-japan",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/airwallex-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2121,
      "word_like_tokens": 332,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/sb-payment-service.md",
      "url": "https://finwiki.zksc.io/payment-firms/sb-payment-service",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/sb-payment-service.md",
      "title": "SBペイメントサービス (SB Payment Service)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against GMOイプシロン (GMO Epsilon) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "SBペイメントサービス (SB Payment Service)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/paypay-card",
        "megabanks/paypay-fg",
        "payment-firms/INDEX",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 3080,
      "word_like_tokens": 486,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "payment-firms/sbi-remit.md",
      "url": "https://finwiki.zksc.io/payment-firms/sbi-remit",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/sbi-remit.md",
      "title": "SBIレミット",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against ウエスタンユニオンジャパン and Wise Payments Japan for peer / contrast (cross-border remittance), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "SBIレミット",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "megabanks/sbi-hd",
        "payment-firms/INDEX",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2551,
      "word_like_tokens": 406,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/seven-payment-service.md",
      "url": "https://finwiki.zksc.io/payment-firms/seven-payment-service",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/seven-payment-service.md",
      "title": "セブン・ペイメントサービス",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it with payments index for adjacent context and Funds transfer vs prepaid boundary in Japan for the broader system boundary.",
      "headings": [
        "セブン・ペイメントサービス",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/seven-card-service",
        "payment-firms/INDEX",
        "payment-firms/jal-payment-port",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary",
        "regional-banks/seven-bank",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/jal-payment-port",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1916,
      "word_like_tokens": 322,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/smartbank.md",
      "url": "https://finwiki.zksc.io/payment-firms/smartbank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/smartbank.md",
      "title": "スマートバンク (SmartBank)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against Kyash for peer / contrast (prepaid + app-led fintech), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "スマートバンク (SmartBank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/baas-japan-landscape",
        "financial-regulators/fsa",
        "payment-firms/INDEX",
        "payment-firms/kyash",
        "payment-firms/paypay",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2436,
      "word_like_tokens": 384,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/travelex-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/travelex-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/travelex-japan.md",
      "title": "トラベレックスジャパン (Travelex Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against ウエスタンユニオンジャパン and SBIレミット for peer / contrast (remittance / money-movement), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "トラベレックスジャパン (Travelex Japan)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "payment-firms/INDEX",
        "payment-firms/sbi-remit",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2474,
      "word_like_tokens": 373,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/unionpay-international-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/unionpay-international-japan.md",
      "title": "銀聯インターナショナル日本支社 (UnionPay International Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (JCB と銀聯は 2006 年に相互利用提携を結んだ歴史) and Japan card issuer / acquirer / processor split for the broader system / regulatory boundary.",
      "headings": [
        "銀聯インターナショナル日本支社 (UnionPay International Japan)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/american-express-international-japan",
        "payment-firms/diners-club-japan",
        "payment-firms/mastercard-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-interchange-and-merchant-fee-stack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/diners-club-japan",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2978,
      "word_like_tokens": 431,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/visa-worldwide-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/visa-worldwide-japan.md",
      "title": "ビザ・ワールドワイド・ジャパン (Visa Worldwide Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against JCB for peer / contrast context (Visa は global pure-scheme、JCB は Japan-origin hybrid) and Japan card issuer / acquirer / processor split for the broader system / regulatory boundary.",
      "headings": [
        "ビザ・ワールドワイド・ジャパン (Visa Worldwide Japan)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Business lines in Japan",
        "3. Strategy & competitive position vs JCB / domestic schemes",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "payment-firms/INDEX",
        "payment-firms/american-express-international-japan",
        "payment-firms/mastercard-japan",
        "payment-firms/unionpay-international-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-interchange-and-merchant-fee-stack"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/unionpay-international-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3509,
      "word_like_tokens": 568,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payment-firms/wealthnavi.md",
      "url": "https://finwiki.zksc.io/payment-firms/wealthnavi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/wealthnavi.md",
      "title": "ウェルスナビ株式会社 (WealthNavi)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against 楽天グループ金融事業 (Rakuten FG) for peer / contrast context and 日本 Stablecoin 法制度の三層構造（JPYC・USDC・Project Pax） for the broader system / regulatory boundary.",
      "headings": [
        "ウェルスナビ株式会社 (WealthNavi)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "創業者背景 ^[extracted]",
        "主要事業数値（公開情報ベース）",
        "主要提携サービス（ホワイトラベル展開）^[extracted]",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "運用方針"
      ],
      "wikilinks": [
        "fintech/japan-stablecoin-regulatory-landscape",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/INDEX",
        "payment-firms/rakuten-fg",
        "securities-firms/daiwa-sg",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5418,
      "word_like_tokens": 922,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "payment-firms/western-union-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/western-union-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/western-union-japan.md",
      "title": "ウエスタンユニオンジャパン (Western Union Japan)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX (its domain route). Read it against SBIレミット and トラベレックスジャパン for peer / contrast (cross-border remittance / money-movement), and against the FSA plus the funds-transfer vs prepaid boundary for the supervisory / system boundary.",
      "headings": [
        "ウエスタンユニオンジャパン (Western Union Japan)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "payment-firms/INDEX",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/sbi-remit",
        "payment-firms/travelex-japan",
        "payment-firms/wise-payments-japan",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/travelex-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2621,
      "word_like_tokens": 414,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "payment-firms/wise-payments-japan.md",
      "url": "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/wise-payments-japan.md",
      "title": "Wise Payments Japan",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payment-firms INDEX. Read it against ウエスタンユニオンジャパン (Western Union Japan) for peer / contrast context and payments index for the broader system / regulatory boundary.",
      "headings": [
        "Wise Payments Japan",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/INDEX",
        "payment-firms/merpay",
        "payment-firms/payoneer-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypay",
        "payment-firms/revolut-technologies-japan",
        "payment-firms/sbi-remit",
        "payment-firms/western-union-japan",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/payoneer-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/revolut-technologies-japan",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2948,
      "word_like_tokens": 478,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "payment-firms/zaim.md",
      "url": "https://finwiki.zksc.io/payment-firms/zaim",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payment-firms/zaim.md",
      "title": "Zaim (ザイム)",
      "domain": "payment-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the payment-firms INDEX as a PFM (Personal Financial Management) app sitting next to the much larger Money Forward ME peer. Read it with the Japan BNPL landscape for adjacent consumer-finance context, the freee / SmartBank sibling household-finance set, and the au フィナンシャル HD co",
      "headings": [
        "Zaim (ザイム)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why this standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "megabanks/au-fh",
        "payment-firms/INDEX",
        "payment-firms/au-payment",
        "payment-firms/bnpl-landscape",
        "payment-firms/famima-digital-one",
        "payment-firms/freee",
        "payment-firms/money-forward",
        "payment-firms/smartbank",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/INDEX",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/payment-firms/freee",
        "https://finwiki.zksc.io/payment-firms/money-forward",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2594,
      "word_like_tokens": 410,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payments/INDEX.md",
      "url": "https://finwiki.zksc.io/payments/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/INDEX.md",
      "title": "payments domain",
      "domain": "payments",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes Japan payment and settlement pages. The current anchor is Japan cashless payment landscape, which connects card, code payment, account-to-account payment, prepaid electronic money, PSP, bank-linked payment, loyalty points, and stablecoin / EPI adjacency. Major operating-company pa",
      "headings": [
        "payments domain",
        "Overview",
        "Route Map",
        "JapanFG Operator Anchors",
        "Active Entries",
        "Expansion Backlog",
        "Wave 5-6 additions (2026-05)",
        "Comparison matrices (added 2026-05)",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/mercari-bank-license-stack",
        "banking/quick-deposit-four-methods",
        "business/gmo-internet-group",
        "card-issuers/aeon-financial-service",
        "card-issuers/aplus",
        "card-issuers/epos-card",
        "card-issuers/jaccs",
        "card-issuers/life-card",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/paypay-card",
        "card-issuers/pocket-card",
        "card-issuers/rakuten-card",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "card-issuers/toyota-finance",
        "card-issuers/ucs-card",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "consumer-finance/shinsei-financial",
        "consumer-finance/smbc-consumer-finance",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-licenses/INDEX",
        "financial-licenses/payment-license-stack",
        "fintech/INDEX",
        "fintech/japan-ecisb-license",
        "fintech/japan-stablecoin-regulatory-landscape",
        "loyalty/INDEX",
        "loyalty/japan-points-landscape",
        "payment-firms/airwallex-japan",
        "payment-firms/au-payment",
        "payment-firms/bnpl-landscape",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/jal-payment-port",
        "payment-firms/jpyc",
        "payment-firms/kyash",
        "payment-firms/merpay",
        "payment-firms/netstars",
        "payment-firms/payoneer-japan",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypay",
        "payment-firms/pring",
        "payment-firms/progmat",
        "payment-firms/rakuten-edy",
        "payment-firms/recruit-mufg-business",
        "payment-firms/revolut-technologies-japan",
        "payment-firms/sb-payment-service",
        "payment-firms/sbi-remit",
        "payment-firms/seven-payment-service",
        "payment-firms/smartbank",
        "payment-firms/travelex-japan",
        "payment-firms/western-union-japan",
        "payment-firms/wise-payments-japan",
        "payments/account-to-account-payment-japan",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/famipay-valucreate-strategy",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-bank-api-incident-and-fraud-control",
        "payments/japan-bank-api-payment-agency-route",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-bnpl-pay-later-operator-registry-matrix",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-consumer-credit-operator-comparison-matrix",
        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "payments/japan-merchant-psp-competitive-scorecard",
        "payments/japan-payment-clearing-and-settlement-infrastructure",
        "payments/japan-payment-fraud-incident-timeline-2023-2025",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-prepaid-electronic-money-operator-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/jcb-three-party-operating-model",
        "payments/merchant-bank-pay-account-direct-acquiring",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/psp-merchant-settlement-risk",
        "payments/waon-nanaco-retail-prepaid-comparison",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/card-issuers/ucs-card",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/airwallex-japan",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/jal-payment-port",
        "https://finwiki.zksc.io/payment-firms/jpyc",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/payoneer-japan",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/pring",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/revolut-technologies-japan",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payment-firms/sbi-remit",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payment-firms/travelex-japan",
        "https://finwiki.zksc.io/payment-firms/western-union-japan",
        "https://finwiki.zksc.io/payment-firms/wise-payments-japan",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bank-api-incident-and-fraud-control",
        "https://finwiki.zksc.io/payments/japan-bank-api-payment-agency-route",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-bnpl-pay-later-operator-registry-matrix",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-consumer-credit-operator-comparison-matrix",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "https://finwiki.zksc.io/payments/japan-merchant-psp-competitive-scorecard",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure",
        "https://finwiki.zksc.io/payments/japan-payment-fraud-incident-timeline-2023-2025",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
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    },
    {
      "source_path": "payments/account-to-account-payment-japan.md",
      "url": "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/account-to-account-payment-japan.md",
      "title": "Japan account-to-account payment route",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan account-to-account payments sit between classic bank transfer, wallet balance, card acquiring, and code payment. The important control question is: is value moving directly from a deposit account, through a funds-transfer / prepaid balance, or through a merchant acquiring / card network layer?",
      "headings": [
        "Japan account-to-account payment route",
        "Overview",
        "Rail Map",
        "Cotra System Reading",
        "Bank Pay / J-Debit Reading",
        "Product Boundary",
        "JapanFG Relevance",
        "Risks and Caveats",
        "Research Checklist",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/quick-deposit-four-methods",
        "financial-licenses/INDEX",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/resona-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payment-firms/au-payment",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payment-firms/rakuten-edy",
        "payment-firms/recruit-mufg-business",
        "payments/INDEX",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/psp-merchant-settlement-risk",
        "regional-banks/fukuoka-fg",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/ssnb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/quick-deposit-four-methods",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/ssnb"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "payments/amazon-gift-card-japan.md",
      "url": "https://finwiki.zksc.io/payments/amazon-gift-card-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/amazon-gift-card-japan.md",
      "title": "Amazon Gift Card Japan: closed-loop e-commerce prepaid",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Amazon Japan gift-card prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view. Compare with Apple Gift Card Japan, Google Play Gift Card Japan (peer platform-anchored closed-loop gift cards), QUO Card (mul",
      "headings": [
        "Amazon Gift Card Japan: closed-loop e-commerce prepaid",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 自家型前払式支払手段 (closed-loop / single-merchant)",
        "Distribution rails and use cases",
        "Gift-card fraud / scam concern",
        "KPI snapshot",
        "Strategy: closed-loop cashless on-ramp + gift distribution",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "payments/INDEX",
        "payments/apple-gift-card-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/google-play-gift-card-japan",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/nanaco-prepaid-seven-i",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/quo-card-prepaid",
        "payments/visa-gift-card-japan",
        "payments/waon-prepaid-aeon"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/apple-gift-card-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/google-play-gift-card-japan",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/quo-card-prepaid",
        "https://finwiki.zksc.io/payments/visa-gift-card-japan",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon"
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    {
      "source_path": "payments/apple-gift-card-japan.md",
      "url": "https://finwiki.zksc.io/payments/apple-gift-card-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/apple-gift-card-japan.md",
      "title": "Apple Gift Card Japan: closed-loop Apple-ecosystem prepaid",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Apple Gift Card Japan closed-loop prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view. Compare with Amazon Gift Card Japan, Google Play Gift Card Japan (peer platform-anchored closed-loop gift cards), Q",
      "headings": [
        "Apple Gift Card Japan: closed-loop Apple-ecosystem prepaid",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 自家型前払式支払手段 (closed-loop)",
        "Unified consolidation (2021-09)",
        "Distribution rails",
        "Gift-card fraud / scam concern",
        "KPI snapshot",
        "Strategy: Apple-ecosystem cashless on-ramp"
      ],
      "wikilinks": [
        "INDEX",
        "payments/INDEX",
        "payments/amazon-gift-card-japan",
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        "payments/google-play-gift-card-japan",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/nanaco-prepaid-seven-i",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/quo-card-prepaid",
        "payments/visa-gift-card-japan",
        "payments/waon-prepaid-aeon"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/amazon-gift-card-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/google-play-gift-card-japan",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/quo-card-prepaid",
        "https://finwiki.zksc.io/payments/visa-gift-card-japan",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon"
      ],
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    {
      "source_path": "payments/card-acquiring-japan-stack.md",
      "url": "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/card-acquiring-japan-stack.md",
      "title": "Japan card acquiring stack",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan card acquiring should be read as a merchant-contracting and card-data-control stack, not only as a payment-processing feature. METI's Installment Sales Act materials define the registered merchant-contracting role as the business of concluding contracts that allow merchants to handle credit ca",
      "headings": [
        "Japan card acquiring stack",
        "TL;DR",
        "Core Stack",
        "Registration Boundary",
        "Operating Duties",
        "Business Model Lens",
        "JapanFG Relevance",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "card-issuers/jcb",
        "financial-licenses/INDEX",
        "megabanks/paypay-fg",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
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    {
      "source_path": "payments/cashless-jp-landscape.md",
      "url": "https://finwiki.zksc.io/payments/cashless-jp-landscape",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/cashless-jp-landscape.md",
      "title": "Japan cashless payment landscape",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index. Read it against Funds transfer vs prepaid boundary in Japan for peer / contrast context and Japan card acquiring stack for the broader system / regulatory boundary.",
      "headings": [
        "Japan cashless payment landscape",
        "Wiki route",
        "TL;DR",
        "Market Structure",
        "2025 Baseline",
        "Competitive Map",
        "Legal Stack",
        "Why This Matters For JapanFG",
        "Related",
        "Sources"
      ],
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        "business/gmo-internet-group",
        "card-issuers/aeon-bank",
        "card-issuers/jcb",
        "financial-licenses/INDEX",
        "fintech/japan-ecisb-license",
        "fintech/japan-epi-three-types-overview",
        "fintech/japan-financial-regulation",
        "fintech/japan-stablecoin-regulatory-landscape",
        "loyalty/japan-points-landscape",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/mercari-hd",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-vs-prepaid-boundary",
        "regional-banks/seven-bank",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/business/gmo-internet-group",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/fintech/japan-ecisb-license",
        "https://finwiki.zksc.io/fintech/japan-epi-three-types-overview",
        "https://finwiki.zksc.io/fintech/japan-financial-regulation",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
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    {
      "source_path": "payments/credit-purchase-card-operators-japan-index.md",
      "url": "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/credit-purchase-card-operators-japan-index.md",
      "title": "Japan credit purchase and card operator registry index",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "METI's Installment Sales Act public lists are the control surface for Japanese credit-card issuing, shopping credit, individual installment credit, and merchant-contracting / card-number handling. As of 2026-04 month-end, METI lists 241 registered comprehensive credit purchase intermediaries, 0 smal",
      "headings": [
        "Japan credit purchase and card operator registry index",
        "Overview",
        "Registry Snapshot",
        "Boundary",
        "Existing Material Wiki Routes",
        "Analysis Lens",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "card-issuers/aeon-financial-service",
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        "card-issuers/epos-card",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/life-card",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
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        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/psp-merchant-settlement-risk",
        "trust-banks/mitsubishi-ufj-trust-bank"
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        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/pocket-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
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        "https://finwiki.zksc.io/card-issuers/ucs-card",
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        "https://finwiki.zksc.io/consumer-finance/aiful",
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        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
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        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/jal-payment-port",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
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    {
      "source_path": "payments/edy-rakuten-prepaid.md",
      "url": "https://finwiki.zksc.io/payments/edy-rakuten-prepaid",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/edy-rakuten-prepaid.md",
      "title": "Rakuten Edy: platform-agnostic FeliCa prepaid e-money",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Rakuten Edy prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view and with Japan payment scheme economics matrix for the four-class scheme comparison. Compare with retail-anchored (WAON / nanaco) and tran",
      "headings": [
        "Rakuten Edy: platform-agnostic FeliCa prepaid e-money",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 第三者型 prepaid",
        "Pioneer / legacy position vs successor entrants",
        "Acceptance footprint",
        "Rakuten Card + Edy + Rakuten Points integration",
        "KPI snapshot",
        "Strategy: platform-agnostic FeliCa with Rakuten integration"
      ],
      "wikilinks": [
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        "card-issuers/rakuten-card",
        "card-issuers/rakuten-card\\",
        "loyalty/japan-points-landscape",
        "payment-firms/rakuten-edy",
        "payments/INDEX",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/nanaco-prepaid-seven-i",
        "payments/pasmo-prepaid-tokyo-metro",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/suica-prepaid-jr-east",
        "payments/waon-nanaco-retail-prepaid-comparison",
        "payments/waon-prepaid-aeon"
      ],
      "resolved_wikilinks": [
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/famipay-valucreate-strategy.md",
      "title": "FamiPay: FamilyMart wallet and Itochu group payment strategy",
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      "summary": "This entry sits under payments index as the FamilyMart-anchored code-payment operator page that pairs with Japan code-payment competitive map for the wallet-class competitive context, with Japan payment scheme economics matrix for the four-class economic comparison, with prepaid payment instrument i",
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        "FamilyMart loyalty integration",
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        "Bill-payment and 払い込み票 functionality",
        "Comparison with the discontinued Seven Pay 2019"
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        "payments/japan-payment-scheme-economics-matrix",
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      "title": "Japan funds transfer service providers registry index",
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      "summary": "FSA's funds transfer service provider list contains 83 registered operators as of 2026-04-30. This page is the registry-control route for funds-transfer vs prepaid analysis; it does not reproduce all row-level registry data.",
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      "summary": "This entry sits under payments index as the Google Play Gift Card Japan closed-loop prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view. Compare with Amazon Gift Card Japan, Apple Gift Card Japan (peer platform-anchored closed-loop gift cards), Q",
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      "entry_type": "wiki_entry",
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      "summary": "BNPL in Japan is best treated as a checkout-credit boundary, not as a separate magic category. A product can look like \"あと払い\" while its legal / operating route touches installment sales, credit purchase intermediation, merchant acquiring, consumer screening, convenience-store repayment, wallet linka",
      "headings": [
        "Japan BNPL and credit-purchase boundary",
        "Overview",
        "Boundary Map",
        "Why Japan Is Different",
        "Risk Questions",
        "JapanFG Relevance",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/installment-sales-act-2020-amendment",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/orico",
        "card-issuers/paypay-card",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "card-issuers/toyota-finance",
        "consumer-finance/shinsei-financial",
        "payment-firms/bnpl-landscape",
        "payment-firms/mercari-hd",
        "payment-firms/paidy",
        "payment-firms/paypay",
        "payment-firms/rakuten-fg",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/psp-merchant-settlement-risk"
      ],
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        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/installment-sales-act-2020-amendment",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/consumer-finance/shinsei-financial",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk"
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    {
      "source_path": "payments/japan-bnpl-pay-later-operator-registry-matrix.md",
      "url": "https://finwiki.zksc.io/payments/japan-bnpl-pay-later-operator-registry-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-bnpl-pay-later-operator-registry-matrix.md",
      "title": "Japan BNPL / pay-later operator registry matrix",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's BNPL / 後払い landscape is governed mainly by the 割賦販売法 (Installment Sales Act) through the 個別信用購入あっせん業者 (individual credit-purchase intermediary) registration line, with METI as the primary regulator. The METI 登録個別信用購入あっせん業者 list contains around 138 registered operators as of 2026-04 month-end",
      "headings": [
        "Japan BNPL / pay-later operator registry matrix",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Net Protections HD (NP 後払い, TSE PRIME 7383)",
        "atone (Net Protections subsidiary)",
        "Kuroneko Atobarai (Yamato Financial Holdings)",
        "GMO Postpay (GMO Payment Gateway group)",
        "Paidy (PayPal-owned)",
        "Komoju Atobarai (Degica)"
      ],
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        "INDEX",
        "business/gmo-internet-group",
        "business/gmo-internet-group\\",
        "card-issuers/aplus",
        "card-issuers/aplus\\",
        "card-issuers/credit-saison",
        "card-issuers/credit-saison\\",
        "card-issuers/jaccs",
        "card-issuers/jaccs\\",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/orico\\",
        "card-issuers/paypay-card",
        "card-issuers/paypay-card\\",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "megabanks/mizuho-fg",
        "megabanks/mizuho-fg\\",
        "megabanks/mufg",
        "megabanks/mufg\\",
        "payment-firms/atone",
        "payment-firms/atone\\",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/gmo-payment-gateway\\",
        "payment-firms/gmo-postpay",
        "payment-firms/gmo-postpay\\",
        "payment-firms/kuroneko-atobarai",
        "payment-firms/kuroneko-atobarai\\",
        "payment-firms/mercari-hd",
        "payment-firms/mercari-hd\\",
        "payment-firms/merpay",
        "payment-firms/merpay\\",
        "payment-firms/net-protections-hd",
        "payment-firms/net-protections-hd\\",
        "payment-firms/paidy",
        "payment-firms/paidy\\",
        "payment-firms/paypal-pte-ltd-japan",
        "payment-firms/paypal-pte-ltd-japan\\",
        "payment-firms/paypay",
        "payment-firms/paypay\\",
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        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "payments/japan-merchant-psp-competitive-scorecard",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/psp-merchant-settlement-risk",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/sbi-shinsei-bank\\"
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        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
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        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/atone",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/gmo-postpay",
        "https://finwiki.zksc.io/payment-firms/kuroneko-atobarai",
        "https://finwiki.zksc.io/payment-firms/mercari-hd",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/net-protections-hd",
        "https://finwiki.zksc.io/payment-firms/paidy",
        "https://finwiki.zksc.io/payment-firms/paypal-pte-ltd-japan",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-consumer-credit-operator-comparison-matrix",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "https://finwiki.zksc.io/payments/japan-merchant-psp-competitive-scorecard",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
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      "source_path": "payments/japan-card-issuer-acquirer-processor-split.md",
      "url": "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-card-issuer-acquirer-processor-split.md",
      "title": "Japan card issuer, acquirer, and processor split",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan card payments is split into at least five roles: issuer, international / domestic brand, acquirer, card-number contract / merchant-contracting operator, and processor / PSP. A single group can hold several roles, but FinWiki does not flatten them into \"credit-card company.\"",
      "headings": [
        "Japan card issuer, acquirer, and processor split",
        "Overview",
        "Role Map",
        "Legal / Registry Boundary",
        "Security Control Stack",
        "Common Misreadings",
        "Research Checklist",
        "Related",
        "Sources"
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      "wikilinks": [
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        "card-issuers/aeon-financial-service",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/paypay-card",
        "card-issuers/rakuten-card",
        "card-issuers/smbc-card",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/account-to-account-payment-japan",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-card-security-authentication-controls",
        "payments/psp-merchant-settlement-risk",
        "retail/INDEX"
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        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
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        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
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      "source_path": "payments/japan-card-security-authentication-controls.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-card-security-authentication-controls.md",
      "title": "Japan card security and authentication controls",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan EC card security is not only \"3-D Secure.\" The useful control stack is: card-data protection -> merchant vulnerability control -> EMV 3-D Secure authentication -> fraud monitoring -> acquirer / PSP / merchant information sharing -> chargeback and remediation.",
      "headings": [
        "Japan card security and authentication controls",
        "Overview",
        "Guideline Snapshot",
        "Actor And Responsibility Map",
        "Control Stack",
        "EMV 3-D Secure Route",
        "Non-retention, Tokenization, And PCI DSS",
        "EC Merchant Fraud Controls",
        "JapanFG Relevance",
        "Red Flags For Wiki Research"
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        "card-issuers/jcb",
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        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/netstars",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bank-api-incident-and-fraud-control",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/psp-merchant-settlement-risk"
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        "https://finwiki.zksc.io/card-issuers/jaccs",
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        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
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    {
      "source_path": "payments/japan-code-payment-competitive-map.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-code-payment-competitive-map.md",
      "title": "Japan code-payment competitive map",
      "domain": "payments",
      "entry_type": "wiki_entry",
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      "summary": "Japan's code-payment market is recorded as a battle among wallet ecosystems, merchant acceptance networks, loyalty budgets, and settlement / funds-transfer capabilities. METI's 2025 cashless-payment release reports a 58.0% cashless ratio and identifies code payment as 10.2% of cashless payment value",
      "headings": [
        "Japan code-payment competitive map",
        "Overview",
        "Competitive Lanes",
        "What Actually Drives Competition",
        "Operator Lens",
        "Related",
        "Sources"
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        "payment-firms/netstars",
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        "payment-firms/rakuten-fg",
        "payment-firms/recruit-mufg-business",
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        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/prepaid-payment-instrument-issuers-japan-index",
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        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/paypay",
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        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
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        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
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    {
      "source_path": "payments/japan-code-payment-operator-2025-market-share-matrix.md",
      "url": "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-code-payment-operator-2025-market-share-matrix.md",
      "title": "Japan code-payment operator 2025 market share matrix",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the operator-level 2025 share matrix that pairs with Japan code-payment competitive map for the strategic lanes view, Japan payment scheme economics matrix for the cross-scheme economics view, funds transfer service providers Japan index for the EPI / licensin",
      "headings": [
        "Japan code-payment operator 2025 market share matrix",
        "Wiki route",
        "TL;DR",
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      "title": "Japan consumer-credit operator comparison matrix",
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      "summary": "\"Consumer credit\" in Japan is not one industry — it is at least nine operator categories that look similar at checkout but sit on different licenses, different regulators, different lending caps, different interest-rate ceilings, and different consumer-protection regimes. A reader who flattens カードロー",
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      "title": "Japan interchange and merchant fee stack",
      "domain": "payments",
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      "summary": "This page records the public structure of Japan card merchant-fee and interchange-related disclosures. The scope is card merchant fee composition, issuer-fee / interchange disclosure, acquirer economics, and related public-policy materials. Broader merchant PSP pricing, settlement reserves, chargeba",
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        "Japan interchange and merchant fee stack",
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        "Public Disclosure Timeline",
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        "Related",
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      "title": "Japan JCB issuer ecosystem positioning matrix",
      "domain": "payments",
      "entry_type": "wiki_entry",
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      "summary": "\"JCB\" is not a single card company — it is (a) a domestic Japanese card brand and international payment network (株式会社ジェーシービー / JCB Co., Ltd.) plus (b) a population of Japanese issuers that put the JCB brand on cards they themselves issue. The brand sits in a hybrid 3-party / 4-party shape: for \"prop",
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        "Wiki route",
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        "Sumitomo Mitsui Card — JCB issuance line",
        "AEON Financial Service — JCB issuance line",
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        "Credit Saison — JCB issuance line"
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      "title": "Japan merchant PSP competitive scorecard",
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      "summary": "Japan's merchant PSP (Payment Service Provider) market is more fragmented and more layered than the consumer-visible cashless landscape suggests. The market splits along at least four dimensions — (a) traditional card-gateway PSPs (GMO Payment Gateway, SB Payment Service, DG Financial Technology, GM",
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        "payments/japan-card-security-authentication-controls",
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      "source_path": "payments/japan-payment-clearing-and-settlement-infrastructure.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-payment-clearing-and-settlement-infrastructure.md",
      "title": "Japan payment clearing and settlement infrastructure",
      "domain": "payments",
      "entry_type": "wiki_entry",
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      "summary": "Japan payment infrastructure includes central-bank settlement assets, BOJ-NET, interbank transfer clearing, small-value transfer infrastructure, account-direct payment, debit payment, card settlement, wallet settlement, and private-sector clearing arrangements. This page separates customer-facing pa",
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        "Japan payment clearing and settlement infrastructure",
        "Overview",
        "Infrastructure Map",
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        "Zengin System Route",
        "Cotra Route",
        "JEPPO, J-Debit, and Bank Pay Route",
        "Product-To-Infrastructure Crosswalk",
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        "Related Routes"
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        "payments/japan-bank-api-payment-agency-route",
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      "source_path": "payments/japan-payment-fraud-incident-timeline-2023-2025.md",
      "url": "https://finwiki.zksc.io/payments/japan-payment-fraud-incident-timeline-2023-2025",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-payment-fraud-incident-timeline-2023-2025.md",
      "title": "Japan payment fraud incident timeline 2023-2025",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the chronological incident-and-enforcement page that pairs with Japan card security and authentication controls for the J-CSC guideline 6.0 / 6.1 control framework, with Japan bank API incident and fraud control for the bank-rail specific fraud surface, and wi",
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        "2024 events",
        "2025 events",
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        "Who bears the loss",
        "Regulatory response architecture"
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        "payments/japan-bank-api-incident-and-fraud-control",
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        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-payment-scheme-economics-matrix",
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      "title": "Japan payment scheme economics matrix",
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      "summary": "Japan retail payment now runs on four parallel scheme classes — card (Visa / Mastercard / JCB / Amex / Diners), code (PayPay / d払い / au PAY / 楽天ペイ / メルペイ / FamiPay), account-to-account (Bank Pay / J-Debit / Cotra), and prepaid electronic money (Suica / PASMO / WAON / nanaco / Edy). Each sits on a di",
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        "Four-class scheme map",
        "Scheme operator and settlement venue",
        "License under Japan law",
        "Acquirer model (single-acquirer vs multi-acquirer)",
        "Merchant fee range (MDR + per-transaction)",
        "Issuer fee / interchange — who earns what",
        "Settlement cycle"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-prepaid-electronic-money-operator-matrix.md",
      "title": "Japan prepaid electronic money operator matrix",
      "domain": "payments",
      "entry_type": "wiki_entry",
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      "summary": "Japan's prepaid electronic-money landscape is not one industry — it is at least three distinct stacks (retail-prepaid, transit-prepaid, and digital-wallet-prepaid) that look similar at checkout but sit on different prepaid-license categories under the Payment Services Act (資金決済法), different technolo",
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        "Edy — Rakuten Edy (Rakuten Group 4755)",
        "nanaco — Seven Card Service (Seven & i HD 3382)",
        "WAON — AEON Group (AEON 8267 / AEON Financial Service 8570)",
        "Suica — JR East (East Japan Railway 9020)",
        "PASMO — PASMO Co."
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      "url": "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/japan-transit-prepaid-suica-pasmo-icoca-economics.md",
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      "domain": "payments",
      "entry_type": "wiki_entry",
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      "summary": "This entry sits under payments index as the transit-prepaid scheme reference page that pairs with prepaid payment instrument issuers registry for the FSA-registered prepaid-issuer view, with Japan payment scheme economics matrix for the four-class scheme comparison, with funds-transfer vs prepaid bo",
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        "FeliCa technology stack",
        "Cyberne settlement system",
        "Mobile rail: Apple Pay and Osaifu Keitai",
        "Prepaid Payment Instrument Act treatment",
        "Merchant acceptance footprint",
        "Mobile Suica deposit elimination (2024)"
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        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/regional-banks/seven-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15102,
      "word_like_tokens": 2463,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/jcb-three-party-operating-model.md",
      "url": "https://finwiki.zksc.io/payments/jcb-three-party-operating-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/jcb-three-party-operating-model.md",
      "title": "JCB three-party brand operating model",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the JCB-specific operating-model page that pairs with Japan card issuer / acquirer / processor split for the cross-brand role map and with Japan payment scheme economics matrix for the four-class comparison view. JCB is the only domestic brand that consistentl",
      "headings": [
        "JCB three-party brand operating model",
        "Wiki route",
        "TL;DR",
        "Three-party vs four-party scheme distinction",
        "Corporate split: JCB Co Ltd vs JCB International",
        "Issuer ecosystem under JCB licensing",
        "Merchant-acquiring control vs four-party scheme",
        "2023 fee-allocation disclosure",
        "Why three-party persists when four-party dominates globally",
        "Domestic-brand vs international-brand dimension"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/aeon-financial-service\\",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/mufg-nicos\\",
        "card-issuers/rakuten-card",
        "card-issuers/rakuten-card\\",
        "loyalty/japan-points-landscape",
        "payment-firms/american-express-international-japan",
        "payment-firms/jcb-international",
        "payment-firms/mastercard-japan",
        "payment-firms/visa-worldwide-japan",
        "payments/INDEX",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-bnpl-credit-purchase-boundary",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-consumer-credit-operator-comparison-matrix",
        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-payment-scheme-economics-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/jcb-international",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-bnpl-credit-purchase-boundary",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-consumer-credit-operator-comparison-matrix",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15403,
      "word_like_tokens": 2512,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/merchant-bank-pay-account-direct-acquiring.md",
      "url": "https://finwiki.zksc.io/payments/merchant-bank-pay-account-direct-acquiring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/merchant-bank-pay-account-direct-acquiring.md",
      "title": "Merchant bank-account direct acquiring in Japan",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Merchant bank-account direct acquiring is the merchant-side reading of Japan account-to-account payment route. Bank Pay and J-Debit can look like ordinary QR / debit acceptance at checkout, but the control surface is different from card acquiring, prepaid wallets, and funds-transfer wallets: the pay",
      "headings": [
        "Merchant bank-account direct acquiring in Japan",
        "Overview",
        "Merchant Route Map",
        "Bank Pay Participant Stack",
        "Control Matrix",
        "Comparison With Card And Wallet Acquiring",
        "JapanFG Relevance",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/resona-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "payment-firms/au-payment",
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-epsilon",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/merpay",
        "payment-firms/netstars",
        "payment-firms/paypay",
        "payment-firms/recruit-mufg-business",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/account-to-account-payment-japan",
        "payments/card-acquiring-japan-stack",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/psp-merchant-settlement-risk"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-epsilon",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7823,
      "word_like_tokens": 1189,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/nanaco-prepaid-seven-i.md",
      "url": "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/nanaco-prepaid-seven-i.md",
      "title": "nanaco: Seven & i Group convenience-store-anchored prepaid e-money",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Seven & i-anchored prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view and with WAON vs nanaco retail prepaid comparison for the head-to-head retail anchor comparison. Compare with WAON (AEON counterpar",
      "headings": [
        "nanaco: Seven & i Group convenience-store-anchored prepaid e-money",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 前払式支払手段 (third-party prepaid payment instrument)",
        "Acceptance footprint",
        "KPI snapshot",
        "Strategy: convenience-store cashless anchor",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "card-issuers/seven-card-service",
        "card-issuers/seven-card-service\\",
        "fintech/japan-stablecoin-regulatory-landscape",
        "loyalty/japan-points-landscape",
        "payment-firms/seven-payment-service",
        "payment-firms/seven-payment-service\\",
        "payments/INDEX",
        "payments/famipay-valucreate-strategy",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/waon-nanaco-retail-prepaid-comparison",
        "payments/waon-prepaid-aeon",
        "regional-banks/seven-bank",
        "regional-banks/seven-bank\\",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/waon-nanaco-retail-prepaid-comparison",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8371,
      "word_like_tokens": 1364,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/pasmo-prepaid-tokyo-metro.md",
      "url": "https://finwiki.zksc.io/payments/pasmo-prepaid-tokyo-metro",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/pasmo-prepaid-tokyo-metro.md",
      "title": "PASMO: Tokyo private-rail and bus consortium prepaid IC",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Tokyo private-rail / bus consortium prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view and with transit-prepaid e-money economics for the 10 IC mutual-use scheme context. Compare with Suica (JR East co",
      "headings": [
        "PASMO: Tokyo private-rail and bus consortium prepaid IC",
        "Wiki route",
        "TL;DR",
        "Issuer and consortium structure",
        "Legal basis: 前払式支払手段",
        "Consortium-coordination vs single-issuer comparison",
        "The 10 IC mutual-use scheme",
        "Mobile PASMO generations",
        "KPI snapshot",
        "Strategy: consortium-anchored Tokyo cashless"
      ],
      "wikilinks": [
        "INDEX",
        "loyalty/japan-points-landscape",
        "payments/INDEX",
        "payments/edy-rakuten-prepaid",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/nanaco-prepaid-seven-i",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/suica-prepaid-jr-east",
        "payments/waon-prepaid-aeon"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/edy-rakuten-prepaid",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/suica-prepaid-jr-east",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8183,
      "word_like_tokens": 1342,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "payments/prepaid-payment-instrument-issuers-japan-index.md",
      "url": "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/prepaid-payment-instrument-issuers-japan-index.md",
      "title": "Japan third-party prepaid payment instrument issuers registry index",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "FSA's third-party prepaid payment instrument issuer list contains 803 issuers as of 2026-04-30. This page is the registry-control route for the prepaid issuer surface. It does not reproduce all 803 rows; the official FSA workbook remains the complete row-level source of truth.",
      "headings": [
        "Japan third-party prepaid payment instrument issuers registry index",
        "TL;DR",
        "Boundary",
        "Registry Snapshot",
        "Jurisdiction Counts",
        "Existing Material Wiki Routes",
        "Promotion Rules",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/epos-card",
        "card-issuers/life-card",
        "card-issuers/mufg-nicos",
        "card-issuers/seven-card-service",
        "card-issuers/smbc-card",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-licenses/INDEX",
        "financial-regulators/missing-financial-institutions-backlog",
        "fintech/japan-stablecoin-regulatory-landscape",
        "loyalty/INDEX",
        "payment-firms/au-payment",
        "payment-firms/kyash",
        "payment-firms/merpay",
        "payment-firms/paypay",
        "payment-firms/rakuten-edy",
        "payment-firms/sb-payment-service",
        "payment-firms/smartbank",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/loyalty/INDEX",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payment-firms/smartbank",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4372,
      "word_like_tokens": 665,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "payments/psp-merchant-settlement-risk.md",
      "url": "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/psp-merchant-settlement-risk.md",
      "title": "PSP merchant settlement risk",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Merchant PSP risk is the risk that sits between checkout success and final money movement: merchant onboarding, card-number handling, fraud monitoring, chargebacks, reserves, settlement timing, refunds, and platform or wallet failures. In Japan, the analysis must combine METI's card-number handling",
      "headings": [
        "PSP merchant settlement risk",
        "Overview",
        "Risk Stack",
        "Japan Regulatory Routes",
        "Company Lens",
        "Practical Reading Rules",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "payment-firms/dg-financial-technology",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/merpay",
        "payment-firms/netstars",
        "payment-firms/paypay",
        "payment-firms/recruit-mufg-business",
        "payment-firms/sb-payment-service",
        "payments/INDEX",
        "payments/card-acquiring-japan-stack",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/funds-transfer-service-providers-japan-index",
        "payments/japan-code-payment-competitive-map",
        "payments/prepaid-payment-instrument-issuers-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/merpay",
        "https://finwiki.zksc.io/payment-firms/netstars",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/card-acquiring-japan-stack",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/funds-transfer-service-providers-japan-index",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5446,
      "word_like_tokens": 780,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/quo-card-prepaid.md",
      "url": "https://finwiki.zksc.io/payments/quo-card-prepaid",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/quo-card-prepaid.md",
      "title": "QUO Card: gift-card and paper / digital prepaid franchise",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the QUO Card gift-card prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view. Compare with Amazon Gift Card Japan, Apple Gift Card Japan, Google Play Gift Card Japan, and Visa Gift Card Japan as gift-card pre",
      "headings": [
        "QUO Card: gift-card and paper / digital prepaid franchise",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 前払式支払手段",
        "Use cases: where QUO Card dominates",
        "Acceptance footprint",
        "QUO Card Pay: digital extension",
        "KPI snapshot",
        "Strategy: corporate gift distribution franchise"
      ],
      "wikilinks": [
        "INDEX",
        "payments/INDEX",
        "payments/amazon-gift-card-japan",
        "payments/apple-gift-card-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/google-play-gift-card-japan",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/nanaco-prepaid-seven-i",
        "payments/pasmo-prepaid-tokyo-metro",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/suica-prepaid-jr-east",
        "payments/visa-gift-card-japan",
        "payments/waon-prepaid-aeon"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/amazon-gift-card-japan",
        "https://finwiki.zksc.io/payments/apple-gift-card-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/google-play-gift-card-japan",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/pasmo-prepaid-tokyo-metro",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/suica-prepaid-jr-east",
        "https://finwiki.zksc.io/payments/visa-gift-card-japan",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8587,
      "word_like_tokens": 1388,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "payments/suica-prepaid-jr-east.md",
      "url": "https://finwiki.zksc.io/payments/suica-prepaid-jr-east",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/suica-prepaid-jr-east.md",
      "title": "Suica: JR East transit and general-purpose IC prepaid",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the JR East-anchored prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view and with transit-prepaid e-money economics for the cross-issuer scheme view (10 IC mutual-use, Cyberne settlement). Compare with PASM",
      "headings": [
        "Suica: JR East transit and general-purpose IC prepaid",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 前払式支払手段",
        "The 10 IC mutual-use scheme",
        "Mobile Suica generations",
        "KPI snapshot",
        "Strategy: transit-anchored cashless platform",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/jr-east-financial",
        "loyalty/japan-points-landscape",
        "payments/INDEX",
        "payments/edy-rakuten-prepaid",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/nanaco-prepaid-seven-i",
        "payments/pasmo-prepaid-tokyo-metro",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/waon-prepaid-aeon"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/jr-east-financial",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/edy-rakuten-prepaid",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/pasmo-prepaid-tokyo-metro",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8466,
      "word_like_tokens": 1385,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/visa-gift-card-japan.md",
      "url": "https://finwiki.zksc.io/payments/visa-gift-card-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/visa-gift-card-japan.md",
      "title": "Visa Gift Card Japan: Visa-branded open-loop prepaid",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the Visa-branded prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view, with Japan card issuer / acquirer / processor split for the brand-network role context, and with Japan payment scheme economics matrix f",
      "headings": [
        "Visa Gift Card Japan: Visa-branded open-loop prepaid",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 第三者型 prepaid (Visa brand network access)",
        "Visa brand network advantage",
        "Use cases",
        "Distribution rails",
        "Other Visa-branded prepaid in Japan",
        "KPI snapshot"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/life-card",
        "card-issuers/life-card\\",
        "payment-firms/au-payment",
        "payment-firms/kyash",
        "payment-firms/paypay",
        "payment-firms/visa-worldwide-japan",
        "payment-firms/visa-worldwide-japan\\",
        "payments/INDEX",
        "payments/amazon-gift-card-japan",
        "payments/apple-gift-card-japan",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/google-play-gift-card-japan",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/quo-card-prepaid"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/life-card",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/kyash",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/amazon-gift-card-japan",
        "https://finwiki.zksc.io/payments/apple-gift-card-japan",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/google-play-gift-card-japan",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/quo-card-prepaid"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10080,
      "word_like_tokens": 1643,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/visa-mastercard-amex-jcb-japan-operating-comparison.md",
      "url": "https://finwiki.zksc.io/payments/visa-mastercard-amex-jcb-japan-operating-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/visa-mastercard-amex-jcb-japan-operating-comparison.md",
      "title": "Visa Mastercard AMEX JCB Japan operating comparison",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the four-brand cross-comparison page that pairs with JCB three-party operating model for the JCB-specific deep dive, Japan card issuer / acquirer / processor split for the role-separation framework, Japan interchange and merchant fee stack for the fee-flow con",
      "headings": [
        "Visa Mastercard AMEX JCB Japan operating comparison",
        "Wiki route",
        "TL;DR",
        "Why this comparison matters",
        "Big four-brand comparison matrix",
        "Visa (Visa Worldwide Pte Ltd Japan branch)",
        "Mastercard (Mastercard Japan K.K.)",
        "American Express (American Express International Inc. Japan)",
        "JCB (JCB Co Ltd + JCB International Co Ltd)",
        "Issuer / acquirer cross-ownership matrix"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-financial-service",
        "card-issuers/aeon-financial-service\\",
        "card-issuers/credit-saison",
        "card-issuers/credit-saison\\",
        "card-issuers/epos-card",
        "card-issuers/epos-card\\",
        "card-issuers/jaccs",
        "card-issuers/jaccs\\",
        "card-issuers/jcb",
        "card-issuers/jcb\\",
        "card-issuers/mufg-nicos",
        "card-issuers/mufg-nicos\\",
        "card-issuers/orico",
        "card-issuers/orico\\",
        "card-issuers/paypay-card",
        "card-issuers/paypay-card\\",
        "card-issuers/rakuten-card",
        "card-issuers/rakuten-card\\",
        "card-issuers/smbc-card",
        "card-issuers/smbc-card\\",
        "payment-firms/american-express-international-japan",
        "payment-firms/american-express-international-japan\\",
        "payment-firms/dg-financial-technology",
        "payment-firms/dg-financial-technology\\",
        "payment-firms/gmo-payment-gateway",
        "payment-firms/gmo-payment-gateway\\",
        "payment-firms/jcb-international",
        "payment-firms/jcb-international\\",
        "payment-firms/mastercard-japan",
        "payment-firms/mastercard-japan\\",
        "payment-firms/sb-payment-service",
        "payment-firms/sb-payment-service\\",
        "payment-firms/visa-worldwide-japan",
        "payment-firms/visa-worldwide-japan\\",
        "payments/INDEX",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/japan-card-issuer-acquirer-processor-split",
        "payments/japan-card-security-authentication-controls",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "payments/japan-merchant-psp-competitive-scorecard",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/jcb-three-party-operating-model"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/epos-card",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/paypay-card",
        "https://finwiki.zksc.io/card-issuers/rakuten-card",
        "https://finwiki.zksc.io/card-issuers/smbc-card",
        "https://finwiki.zksc.io/payment-firms/american-express-international-japan",
        "https://finwiki.zksc.io/payment-firms/dg-financial-technology",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/payment-firms/jcb-international",
        "https://finwiki.zksc.io/payment-firms/mastercard-japan",
        "https://finwiki.zksc.io/payment-firms/sb-payment-service",
        "https://finwiki.zksc.io/payment-firms/visa-worldwide-japan",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/japan-card-issuer-acquirer-processor-split",
        "https://finwiki.zksc.io/payments/japan-card-security-authentication-controls",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-jcb-issuer-ecosystem-positioning-matrix",
        "https://finwiki.zksc.io/payments/japan-merchant-psp-competitive-scorecard",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/jcb-three-party-operating-model"
      ],
      "markdown_links": [],
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      "entity_edges": [],
      "nonspace_chars": 28948,
      "word_like_tokens": 4600,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/waon-nanaco-retail-prepaid-comparison.md",
      "url": "https://finwiki.zksc.io/payments/waon-nanaco-retail-prepaid-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/waon-nanaco-retail-prepaid-comparison.md",
      "title": "WAON vs nanaco: retail prepaid e-money comparison",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the AEON vs Seven & i retail-prepaid comparison page that pairs with prepaid payment instrument issuers registry for the FSA-registered third-party prepaid view and with Japan payment scheme economics matrix for the four-class scheme comparison. Compare with t",
      "headings": [
        "WAON vs nanaco: retail prepaid e-money comparison",
        "Wiki route",
        "TL;DR",
        "Side-by-side issuer overview",
        "Charge / funding rails comparison",
        "Group retail integration",
        "AEON / WAON integration touchpoints",
        "Seven & i / nanaco integration touchpoints",
        "Comparison with Rakuten Edy",
        "Prepaid Payment Instrument Act treatment"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/aeon-bank\\",
        "card-issuers/aeon-financial-service",
        "card-issuers/aeon-financial-service\\",
        "card-issuers/seven-card-service",
        "card-issuers/seven-card-service\\",
        "loyalty/japan-points-landscape",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payment-firms/rakuten-edy",
        "payment-firms/seven-payment-service",
        "payment-firms/seven-payment-service\\",
        "payments/INDEX",
        "payments/famipay-valucreate-strategy",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-competitive-map",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "regional-banks/seven-bank",
        "regional-banks/seven-bank\\",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/seven-card-service",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payment-firms/rakuten-edy",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12448,
      "word_like_tokens": 2053,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "payments/waon-prepaid-aeon.md",
      "url": "https://finwiki.zksc.io/payments/waon-prepaid-aeon",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/payments/waon-prepaid-aeon.md",
      "title": "WAON: AEON Group nationwide IC prepaid e-money",
      "domain": "payments",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under payments index as the AEON-anchored prepaid issuer page that pairs with prepaid payment instrument issuers registry for the FSA registry view and with WAON vs nanaco retail prepaid comparison for the head-to-head retail anchor comparison. Compare with nanaco (Seven & i counterp",
      "headings": [
        "WAON: AEON Group nationwide IC prepaid e-money",
        "Wiki route",
        "TL;DR",
        "Issuer and operational structure",
        "Legal basis: 前払式支払手段 (third-party prepaid payment instrument)",
        "Acceptance footprint",
        "KPI snapshot",
        "Strategy: closed-loop loyalty anchor",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "card-issuers/aeon-bank\\",
        "card-issuers/aeon-financial-service",
        "card-issuers/aeon-financial-service\\",
        "fintech/japan-stablecoin-regulatory-landscape",
        "loyalty/japan-points-landscape",
        "payment-firms/au-payment",
        "payment-firms/paypay",
        "payments/INDEX",
        "payments/edy-rakuten-prepaid",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-payment-scheme-economics-matrix",
        "payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "payments/nanaco-prepaid-seven-i",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/waon-nanaco-retail-prepaid-comparison",
        "retail/aeon-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/paypay",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/edy-rakuten-prepaid",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/waon-nanaco-retail-prepaid-comparison",
        "https://finwiki.zksc.io/retail/aeon-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8275,
      "word_like_tokens": 1324,
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    },
    {
      "source_path": "policy-finance/INDEX.md",
      "url": "https://finwiki.zksc.io/policy-finance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/INDEX.md",
      "title": "policy-finance — Japan public finance / export credit index",
      "domain": "policy-finance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "policy-finance/ contains 34 entries mapping Japan's public-finance, ODA, export-credit, resource-security, housing-finance, SME credit-guarantee, agriculture / fisheries public-credit, regional-finance, and education-finance institutions. Batch I now adds the public-credit adjacency layer around JHF",
      "headings": [
        "policy-finance — Japan public finance / export credit index",
        "TL;DR",
        "Start here",
        "Institution lanes",
        "Public-credit / guarantee systems",
        "Rule / system layer",
        "Wave 5-6 additions (2026-05)",
        "Comparison matrices (added 2026-05)",
        "Backlog"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/aichi-credit-guarantee-corp",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/fukuoka-credit-guarantee-corp",
        "policy-finance/hokkaido-credit-guarantee-corp",
        "policy-finance/hyogo-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-finance-organization-municipalities",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-local-bond-association",
        "policy-finance/japan-local-government-bond-market-issuance-matrix",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/japan-student-services-organization",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jfc-agriculture-forestry-fisheries-division",
        "policy-finance/jfc-sme-division-operating-model",
        "policy-finance/jica",
        "policy-finance/jogmec",
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        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "policy-finance/tokyo-metropolitan-bond"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
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        "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/hyogo-credit-guarantee-corp",
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        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
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        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/kanagawa-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/local-government-bond-market",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/nexi",
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        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-metropolitan-bond"
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    {
      "source_path": "policy-finance/agriculture-credit-guarantee-system.md",
      "url": "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/agriculture-credit-guarantee-system.md",
      "title": "Agriculture credit guarantee system in Japan",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index. Read it against Japan credit guarantee system for SME-side contrast, fisheries credit guarantee system for the sister sector system, and Japan policy finance system for the broader public-credit perimeter. The deposit-and-lending counterpart for farmers is",
      "headings": [
        "Agriculture credit guarantee system in Japan",
        "Wiki route",
        "TL;DR",
        "1. 系統金融との位置関係",
        "2. 機関概要 — 農業信用基金協会",
        "3. 機関概要 — JAFFIC (農林漁業信用基金)",
        "4. 主要保証商品",
        "5. Operating logic — guarantee, subrogation, reinsurance",
        "6. 保証料 economics",
        "7. Year evolution"
      ],
      "wikilinks": [
        "INDEX",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/norinchukin",
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        "financial-regulators/jfc\\",
        "financial-regulators/shoko-chukin",
        "policy-finance/INDEX",
        "policy-finance/fisheries-credit-guarantee-system",
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        "policy-finance/japan-credit-guarantee-system\\",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/national-federation-credit-guarantee-corporations\\"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
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        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations"
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    {
      "source_path": "policy-finance/aichi-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/aichi-credit-guarantee-corp.md",
      "title": "愛知県信用保証協会 (Aichi Credit Guarantee Corporation)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the 51 prefecture / city-level members of Japan's credit guarantee system. Read it alongside the system overview at Japan credit guarantee system and the coordinating body at Japan Federation of Credit Guarantee Corporations. Peer-compare against",
      "headings": [
        "愛知県信用保証協会 (Aichi Credit Guarantee Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 主要保証商品",
        "3. 県内産業構造との関係",
        "4. Co-lending and JFC overlay",
        "5. 代位弁済と求償",
        "6. Crisis-era response",
        "7. Federation-system anchor"
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      "wikilinks": [
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        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
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        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
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        "https://finwiki.zksc.io/regional-banks/aichi-fg",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/dbj-mandate-deep-dive.md",
      "title": "DBJ mandate deep dive — 特定投資業務 ¥3tn framework, GX/DX criteria, crisis-response facility, vs JFC/JBIC/NEXI",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the operating-mechanics deep dive on 株式会社日本政策投資銀行 (DBJ). The original DBJ profile at JapanFG/dbj focuses on corporate structure, history, and high-level business-line map; this entry goes one layer deeper into the operating mechanics of the 特定投資業務 framew",
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        "DBJ mandate deep dive — 特定投資業務 ¥3tn framework, GX/DX criteria, crisis-response facility, vs JFC/JBIC/NEXI",
        "Wiki route",
        "TL;DR",
        "1. 株式会社 + 政策金融機関 のハイブリッド構造",
        "2. 特定投資業務 (Special Investment Operations) framework",
        "2.1 法的構造と授権枠",
        "2.2 リスクマネー (risk money) の operating 定義",
        "2.3 投資選別基準",
        "2.4 投資先 vertical の現代分布",
        "3. 民間補完原則 (private-sector-complementing principle)"
      ],
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        "financial-regulators/jbic",
        "financial-regulators/jbic\\",
        "financial-regulators/jfc",
        "financial-regulators/jfc\\",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jfc-sme-division-operating-model",
        "policy-finance/jogmec",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/nexi\\"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
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        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
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        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
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        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products"
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      "url": "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/fisheries-credit-guarantee-system.md",
      "title": "Fisheries credit guarantee system in Japan",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index. Read it against Japan credit guarantee system for SME-side contrast, agriculture credit guarantee system for the sister sector (same JAFFIC parent), and Japan policy finance system for the broader public-credit boundary. The fisheries deposit-and-lending c",
      "headings": [
        "Fisheries credit guarantee system in Japan",
        "Wiki route",
        "TL;DR",
        "1. 系統金融との位置関係 (fisheries variant)",
        "2. 機関概要 — 漁業信用基金協会",
        "3. 機関概要 — JAFFIC 漁業信用保険業務",
        "4. 主要保証商品",
        "5. 製品ミックス characteristics",
        "6. Geographic concentration",
        "7. Year evolution"
      ],
      "wikilinks": [
        "INDEX",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
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        "policy-finance/japan-policy-finance-system",
        "policy-finance/national-federation-credit-guarantee-corporations"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
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        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
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        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
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      "url": "https://finwiki.zksc.io/policy-finance/fukuoka-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/fukuoka-credit-guarantee-corp.md",
      "title": "福岡県信用保証協会 (Fukuoka Credit Guarantee Corporation)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the 51 prefecture / city-level members of Japan's credit guarantee system. Read it alongside the system overview at Japan credit guarantee system and the coordinating body at Japan Federation of Credit Guarantee Corporations. Peer-compare against",
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        "TL;DR",
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        "2. 主要保証商品",
        "3. 県内産業構造との関係",
        "4. Co-lending and JFC overlay",
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        "6. Crisis-era response",
        "7. Federation-system anchor"
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        "megabanks/mufg",
        "megabanks/smfg",
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        "policy-finance/hokkaido-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
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        "policy-finance/tokyo-credit-guarantee-corp",
        "regional-banks/18-shinwa-bank",
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        "regional-banks/fukuoka-chuo-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuyo-bank",
        "regional-banks/nishi-nippon-city-bank",
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        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
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        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
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        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
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        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
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        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
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        "https://finwiki.zksc.io/regional-banks/fukuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
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      "source_path": "policy-finance/hokkaido-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/hokkaido-credit-guarantee-corp.md",
      "title": "北海道信用保証協会 (Hokkaido Credit Guarantee Corporation)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the 51 prefecture / city-level members of Japan's credit guarantee system. Read it alongside the system overview at Japan credit guarantee system and the coordinating body at Japan Federation of Credit Guarantee Corporations. Peer-compare against",
      "headings": [
        "北海道信用保証協会 (Hokkaido Credit Guarantee Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 主要保証商品",
        "3. 道内産業構造との関係",
        "4. Co-lending and JFC overlay",
        "5. 代位弁済と求償",
        "6. Crisis-era response",
        "7. Federation-system anchor"
      ],
      "wikilinks": [
        "INDEX",
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        "megabanks/smfg",
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        "policy-finance/agriculture-credit-guarantee-system",
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        "policy-finance/hyogo-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/hyogo-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank"
      ],
      "markdown_links": [],
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      "nonspace_chars": 12497,
      "word_like_tokens": 1882,
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    },
    {
      "source_path": "policy-finance/hyogo-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/hyogo-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/hyogo-credit-guarantee-corp.md",
      "title": "兵庫県信用保証協会 (Hyogo Credit Guarantee Corporation)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the 51 prefecture / city-level members of Japan's credit guarantee system. Read it alongside the system overview at Japan credit guarantee system and the coordinating body at Japan Federation of Credit Guarantee Corporations. Peer-compare with the",
      "headings": [
        "兵庫県信用保証協会 (Hyogo Credit Guarantee Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 主要保証商品",
        "3. 県内産業構造との関係",
        "4. Co-lending and JFC overlay",
        "5. 代位弁済と求償",
        "6. Crisis-era response",
        "7. Federation-system anchor"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/aichi-credit-guarantee-corp",
        "policy-finance/fukuoka-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/kanagawa-credit-guarantee-corp",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "regional-banks/minato-bank",
        "regional-banks/tajima-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/fukuoka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/kanagawa-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/regional-banks/minato-bank",
        "https://finwiki.zksc.io/regional-banks/tajima-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
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    {
      "source_path": "policy-finance/japan-credit-guarantee-system.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-credit-guarantee-system.md",
      "title": "Japan credit guarantee system",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the SME-finance mechanism page. Read it against Japan Federation of Credit Guarantee Corporations (JFG) for the coordinating-body view, Japan policy finance system for the broader perimeter, and the sector-specific counterparts agriculture / fisheries. L",
      "headings": [
        "Japan credit guarantee system",
        "Wiki route",
        "TL;DR",
        "1. System architecture (the 信用補完制度 stack)",
        "2. 機関概要 — local Credit Guarantee Corporations",
        "3. 主要保証商品 (system-level menu)",
        "4. Guarantee ratio mechanics (責任共有制度)",
        "5. Safety-Net Guarantee programs (セーフティネット保証)",
        "6. ZeroZero loan unwind status (2020 → 2026)",
        "7. Funding source"
      ],
      "wikilinks": [
        "INDEX",
        "banking/credit-cooperative-registry-japan",
        "banking/regional-bank-consolidation-pattern",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "policy-finance/INDEX",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/aichi-credit-guarantee-corp",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/hokkaido-credit-guarantee-corp",
        "policy-finance/hyogo-credit-guarantee-corp",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/hyogo-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12856,
      "word_like_tokens": 1950,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-eximbank-history.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-eximbank-history.md",
      "title": "Japan Export-Import Bank (historical predecessor of JBIC)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japan Export-Import Bank (日本輸出入銀行 / JEXIM) was Japan's principal state export-credit and overseas-investment lending institution from 1950 to 1999. In 1999 it merged with the Overseas Economic Cooperation Fund (海外経済協力基金 / OECF) to form the original Japan Bank for International Cooperation (JBIC)",
      "headings": [
        "Japan Export-Import Bank (historical predecessor of JBIC)",
        "TL;DR",
        "1. Institutional boundary",
        "2. Why this page exists separately",
        "3. Function map (historical)",
        "4. Historical trajectory",
        "5. Institutional significance",
        "6. Boundary cases",
        "7. Open questions",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jica",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6751,
      "word_like_tokens": 1047,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-finance-organization-municipalities.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-finance-organization-municipalities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-finance-organization-municipalities.md",
      "title": "Japan Finance Organization for Municipalities (JFM)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan Finance Organization for Municipalities is the joint-funded public credit institution that supplies long-term low-cost loans to all 47 prefectures and municipalities for water, sewerage, transport, hospital, school, disaster-recovery, and general local-finance needs. It is not a national-gover",
      "headings": [
        "Japan Finance Organization for Municipalities (JFM)",
        "TL;DR",
        "1. Institutional boundary",
        "2. Function map",
        "3. System position",
        "4. Historical trajectory",
        "5. Why it matters",
        "6. Boundary cases",
        "7. Open questions",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "money-market/INDEX",
        "policy-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7161,
      "word_like_tokens": 1103,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-housing-finance-agency.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-housing-finance-agency.md",
      "title": "Japan Housing Finance Agency (JHF)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as Japan's housing-finance policy institution. Read it against Japan policy finance system for the broader public-credit boundary and pair it with JHF MBS mechanics for the securitization plumbing. JHF is structurally distinct from JFC (SME / agriculture-fo",
      "headings": [
        "Japan Housing Finance Agency (JHF)",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 業務マップ",
        "3. Flat 35 product family",
        "4. Year evolution and the 2007 privatization-then-recreated arc",
        "5. Securitization linkage (JHF MBS)",
        "6. ARR / 政策金利 spread economics",
        "7. Regional-bank servicing partnerships"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/okinawa-development-finance-corp",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread"
      ],
      "markdown_links": [],
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    {
      "source_path": "policy-finance/japan-local-bond-association.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-local-bond-association",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-local-bond-association.md",
      "title": "Japan Local Government Bond Association (Chihousai Kyoukai)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japan Local Government Bond Association (公益社団法人地方債協会) is the public-interest incorporated association that coordinates, researches, and publishes on Japan's local-government bond market. It is the canonical published source for local-bond-market structure, issuance statistics, joint-issuance arr",
      "headings": [
        "Japan Local Government Bond Association (Chihousai Kyoukai)",
        "TL;DR",
        "1. Institutional boundary",
        "2. Function map",
        "3. Why it matters for FinWiki",
        "4. System position",
        "5. Boundary cases",
        "6. Open questions",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jfc",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "money-market/INDEX",
        "policy-finance/INDEX",
        "policy-finance/japan-finance-organization-municipalities",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/local-government-bond-market",
        "policy-finance/national-federation-credit-guarantee-corporations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-finance-organization-municipalities",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/local-government-bond-market",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5684,
      "word_like_tokens": 818,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-local-government-bond-market-issuance-matrix.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-local-government-bond-market-issuance-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-local-government-bond-market-issuance-matrix.md",
      "title": "Japan local-government bond market issuance matrix (prefectures / 政令指定都市 / municipalities / special districts)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's local-government bond market is not one issuer class. It is layered across four issuer tiers — 47 prefectures (都道府県), 20 政令指定都市 (designated cities), roughly 1,700 ordinary cities / towns / villages (市町村), and special districts / public enterprise authorities — with very different issuance sc",
      "headings": [
        "Japan local-government bond market issuance matrix (prefectures / 政令指定都市 / municipalities / special districts)",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Issuer Tier 1 — Tokyo Metropolis (東京都 / 都債)",
        "Issuer Tier 2 — Major prefectures (大規模都道府県 — Osaka, Aichi, Kanagawa, Hokkaido, Saitama, Chiba, etc.)",
        "Issuer Tier 3 — Mid- and small-prefecture issuers",
        "Issuer Tier 4 — 政令指定都市 (designated cities — 20 cities)",
        "Issuer Tier 5 — Ordinary cities / towns / villages (一般市町村)",
        "Issuer Tier 6 — Special districts / public-enterprise authorities / JFM"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "cooperative-banks/norinchukin",
        "cooperative-banks/shinkin-central",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "money-market/INDEX",
        "money-market/japan-money-market",
        "money-market/jgb-repo-market-japan",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-finance-organization-municipalities",
        "policy-finance/japan-local-bond-association",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/local-government-bond-market",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "policy-finance/tokyo-metropolitan-bond"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/cooperative-banks/shinkin-central",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-finance-organization-municipalities",
        "https://finwiki.zksc.io/policy-finance/japan-local-bond-association",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/local-government-bond-market",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-metropolitan-bond"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 33636,
      "word_like_tokens": 5141,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-policy-finance-institution-mandate-matrix.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-policy-finance-institution-mandate-matrix.md",
      "title": "Japan policy-finance institution mandate matrix (JFC / DBJ / JBIC / JICA / NEXI / JOGMEC / JHF / ODFC / JASSO)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's policy-finance toolkit is nine institutions, not one. Each has a distinct statute, ownership shape, supervising minister(s), product envelope, geographic perimeter, and counterparty stack. A single overseas LNG, mining, semiconductor, or critical-minerals deal can touch JOGMEC for resource e",
      "headings": [
        "Japan policy-finance institution mandate matrix (JFC / DBJ / JBIC / JICA / NEXI / JOGMEC / JHF / ODFC / JASSO)",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Institution 1 — JFC (日本政策金融公庫) — domestic SME / agriculture / education / crisis-response lender",
        "Institution 2 — DBJ (日本政策投資銀行) — mid-cap to large-cap structured policy lender / GX investor",
        "Institution 3 — JBIC (国際協力銀行) — overseas buyer-credit / overseas-investment / untied-loan / equity policy bank",
        "Institution 4 — JICA (国際協力機構) — ODA implementation agency",
        "Institution 5 — NEXI (日本貿易保険) — export-credit / overseas-investment insurer",
        "Institution 6 — JOGMEC (エネルギー・金属鉱物資源機構) — resource-security equity / guarantee / stockpiling agency"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/regional-bank-consolidation-pattern",
        "cooperative-banks/norinchukin",
        "cooperative-banks/norinchukin\\",
        "finance/INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jbic\\",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-eximbank-history\\",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/japan-student-services-organization",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jfc-agriculture-forestry-fisheries-division",
        "policy-finance/jfc-sme-division-operating-model",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/jogmec\\",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/nexi\\",
        "policy-finance/oecd-export-credit-arrangement",
        "policy-finance/okinawa-development-finance-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-fg\\",
        "regional-banks/okinawa-kaiho-bank",
        "regional-banks/okinawa-kaiho-bank\\",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jfc-agriculture-forestry-fisheries-division",
        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 42447,
      "word_like_tokens": 6410,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-policy-finance-system.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-policy-finance-system.md",
      "title": "Japan policy finance system",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's policy-finance system is not a single bank. It is a layered state-finance toolkit: JFC for domestic SME / agriculture / education-adjacent credit, JBIC for overseas investment and export finance, JICA for ODA implementation, NEXI for trade and investment insurance, JOGMEC for resource securi",
      "headings": [
        "Japan policy finance system",
        "TL;DR",
        "System map",
        "Strategic read",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-student-services-organization",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement",
        "policy-finance/okinawa-development-finance-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4733,
      "word_like_tokens": 663,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-project-finance-stack-diagram.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-project-finance-stack-diagram.md",
      "title": "Japan project finance stack diagram (JOGMEC / JBIC / NEXI / megabank / SPV)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the cross-institution map of how Japan finances overseas resource and infrastructure projects. Read it with financial-regulators/jbic, policy-finance/nexi, and policy-finance/jogmec for each institution in isolation, with policy-finance/oecd-export-credi",
      "headings": [
        "Japan project finance stack diagram (JOGMEC / JBIC / NEXI / megabank / SPV)",
        "Wiki route",
        "TL;DR",
        "ASCII diagram of the stack",
        "JOGMEC — equity / exploration risk",
        "JBIC — sovereign-aligned overseas investment loan, untied loan, export buyer credit",
        "NEXI — political-risk / commercial-risk insurance",
        "Megabank syndicate — commercial bank loans, agent-bank role",
        "Sponsor SPV — project company, equity sponsors",
        "Typical deal flow timeline"
      ],
      "wikilinks": [
        "finance/japan-acquisition-finance",
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13585,
      "word_like_tokens": 2133,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/japan-student-services-organization.md",
      "url": "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/japan-student-services-organization.md",
      "title": "JASSO (Japan Student Services Organization)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the education-finance / human-capital node of the Japanese state-finance system. Read it against 日本政策金融公庫 (JFC) for the household-education-loan adjacency that JFC's 国民生活事業 教育一般貸付 product overlaps with on the household side; with JFC 国民生活事業 for the opera",
      "headings": [
        "JASSO (Japan Student Services Organization)",
        "Wiki route",
        "TL;DR",
        "1. Institutional structure",
        "1.1 What JASSO does — and what it does not",
        "2. Mandate by line of business",
        "2.1 Scholarship program tier structure",
        "2.2 International student support",
        "2.3 Student life support",
        "2.4 Statistical and research disclosure"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/jfc",
        "financial-regulators/jfc\\",
        "policy-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jfc-kokumin-life-finance-division",
        "policy-finance/jica",
        "policy-finance/okinawa-development-finance-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jfc-kokumin-life-finance-division",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18118,
      "word_like_tokens": 2758,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jbic-overseas-investment-underwriting-process.md",
      "url": "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jbic-overseas-investment-underwriting-process.md",
      "title": "JBIC overseas investment loan underwriting process",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the underwriting-process deep dive on 国際協力銀行 (JBIC). Read it with Japan project finance stack diagram for how JBIC loans sit alongside NEXI insurance, JOGMEC equity, and megabank commercial debt; with OECD Export Credit Arrangement for the term ceiling u",
      "headings": [
        "JBIC overseas investment loan underwriting process",
        "Wiki route",
        "TL;DR",
        "1. 機関 / 部門位置",
        "2.1 Product taxonomy",
        "2.2 ODA 円借款 vs Special Operations — the dividing line",
        "2.3 Sector categories that show up most often",
        "3. 審査 / underwriting プロセス",
        "3.1 Phase 1 — Policy / pipeline screening",
        "3.2 Phase 2 — Initial credit and country-risk screening"
      ],
      "wikilinks": [
        "cooperative-banks/norinchukin",
        "finance/japan-acquisition-finance",
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jica",
        "policy-finance/jica\\",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 22448,
      "word_like_tokens": 3432,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jfc-agriculture-forestry-fisheries-division.md",
      "url": "https://finwiki.zksc.io/policy-finance/jfc-agriculture-forestry-fisheries-division",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jfc-agriculture-forestry-fisheries-division.md",
      "title": "JFC Agriculture, Forestry and Fisheries Division operating model (農林水産事業)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the three product-bearing divisions inside 日本政策金融公庫 (JFC). Read it alongside JFC SME Division operating model for the peer division, against Agriculture credit guarantee system and Fisheries credit guarantee system for the parallel public-credit c",
      "headings": [
        "JFC Agriculture, Forestry and Fisheries Division operating model (農林水産事業)",
        "Wiki route",
        "TL;DR",
        "1. 部門位置 within JFC",
        "2.1 Product menu table",
        "2.2 経営体育成 (management-body development) framing",
        "2.3 Forestry — the long-tenor anomaly",
        "2.4 Fisheries — coastal vs offshore split",
        "2.5 Food industry — the downstream tail",
        "3. 審査 / underwriting プロセス"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "cooperative-banks/norinchukin",
        "cooperative-banks/norinchukin\\",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jfc-sme-division-operating-model"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 21252,
      "word_like_tokens": 3322,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jfc-kokumin-life-finance-division.md",
      "url": "https://finwiki.zksc.io/policy-finance/jfc-kokumin-life-finance-division",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jfc-kokumin-life-finance-division.md",
      "title": "JFC 国民生活事業 (National Life Finance Division) operating model",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the third product-bearing division inside 日本政策金融公庫 (JFC), alongside JFC SME Division (中小企業事業) and JFC Agriculture, Forestry and Fisheries Division (農林水産事業). Read it against Japan credit guarantee system and JFG for the parallel public-credit channel that",
      "headings": [
        "JFC 国民生活事業 (National Life Finance Division) operating model",
        "Wiki route",
        "TL;DR",
        "1. 部門位置 within JFC",
        "2.1 Loan-product table",
        "2.2 創業融資 — the 新創業融資制度 anchor",
        "2.3 マル経融資 (Marukei Loan) — the 商工会議所 / 商工会 channel",
        "2.4 教育貸付 — the 国の教育ローン anchor",
        "2.5 セーフティネット and 災害貸付 — the safety lane",
        "Scale of COVID lending"
      ],
      "wikilinks": [
        "banking/cooperative-banking-japan",
        "banking/credit-cooperative-registry-japan",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system\\",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-student-services-organization",
        "policy-finance/japan-student-services-organization\\",
        "policy-finance/jfc-agriculture-forestry-fisheries-division",
        "policy-finance/jfc-sme-division-operating-model",
        "policy-finance/jfc-sme-division-operating-model\\",
        "policy-finance/national-federation-credit-guarantee-corporations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/jfc-agriculture-forestry-fisheries-division",
        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17099,
      "word_like_tokens": 2691,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jfc-sme-division-operating-model.md",
      "url": "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jfc-sme-division-operating-model.md",
      "title": "JFC SME Division operating model (中小企業事業)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the three product-bearing divisions inside 日本政策金融公庫 (JFC). Read it alongside JFC Agriculture, Forestry and Fisheries Division as a peer JFC division, against Japan credit guarantee system and JFG for the parallel public-credit channel that operate",
      "headings": [
        "JFC SME Division operating model (中小企業事業)",
        "Wiki route",
        "TL;DR",
        "1. 部門位置 within JFC",
        "2.1 Loan-product table",
        "2.2 創業融資 (startup-credit) lane",
        "2.3 事業承継 (business-succession) lane",
        "2.4 共済関連 sub-products",
        "2.5 利子補給 (interest-rate-subsidy) mechanics",
        "3. 審査 / underwriting プロセス"
      ],
      "wikilinks": [
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "financial-regulators/shoko-chukin\\",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system\\",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/jfc-agriculture-forestry-fisheries-division",
        "policy-finance/jogmec",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/national-federation-credit-guarantee-corporations\\",
        "policy-finance/nexi"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/jfc-agriculture-forestry-fisheries-division",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/nexi"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 19509,
      "word_like_tokens": 3277,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jica.md",
      "url": "https://finwiki.zksc.io/policy-finance/jica",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jica.md",
      "title": "JICA (Japan International Cooperation Agency)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the ODA-implementation node of the Japanese state-finance system. Read it against 国際協力銀行 (JBIC) for the export-credit / overseas-investment counterpart on the same overseas perimeter; with JBIC overseas-investment underwriting process for the lender-side",
      "headings": [
        "JICA (Japan International Cooperation Agency)",
        "Wiki route",
        "TL;DR",
        "1. Institutional structure",
        "1.1 What JICA does — and what it does not",
        "2. Mandate by line of business",
        "2.1 Product lane summary",
        "2.2 ODA loans (円借款)",
        "2.3 Technical cooperation (技術協力)",
        "2.4 Grant aid (無償資金協力)"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "financial-regulators/jbic\\",
        "megabanks/mizuho-fg\\",
        "megabanks/mufg\\",
        "megabanks/smfg\\",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/japan-student-services-organization",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jfc-sme-division-operating-model",
        "policy-finance/jogmec",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20342,
      "word_like_tokens": 3229,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jogmec-equity-and-offtake-mechanics.md",
      "url": "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jogmec-equity-and-offtake-mechanics.md",
      "title": "JOGMEC equity and offtake mechanics",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the operating-mechanics deep dive on JOGMEC (Japan Organization for Metals and Energy Security). Read it with Japan project finance stack diagram for how JOGMEC's equity / exploration risk sits underneath JBIC loans, NEXI insurance, and megabank commerci",
      "headings": [
        "JOGMEC equity and offtake mechanics",
        "Wiki route",
        "TL;DR",
        "1. 機関 / 部門位置",
        "1.1 What JOGMEC does — and what it does not",
        "2.1 Product / instrument table",
        "2.2 探鉱出資 — exploration equity",
        "2.3 開発出資 — development equity",
        "2.4 鉱物備蓄 — mineral stockpiling",
        "2.5 Technology development and geological survey"
      ],
      "wikilinks": [
        "finance/japan-acquisition-finance",
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 23992,
      "word_like_tokens": 3632,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/jogmec.md",
      "url": "https://finwiki.zksc.io/policy-finance/jogmec",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/jogmec.md",
      "title": "JOGMEC (Japan Organization for Metals and Energy Security)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the resource-security node of the Japanese state-finance system. Read it against JBIC for the lender-side overseas-investment counterpart on the same upstream-resource project axis; with NEXI for the political-risk insurance overlay that frequently sits",
      "headings": [
        "JOGMEC (Japan Organization for Metals and Energy Security)",
        "Wiki route",
        "TL;DR",
        "1. Institutional structure",
        "1.1 What JOGMEC does — and what it does not",
        "1.2 ODA-grade vs commercial-grade financing — JOGMEC's place",
        "2. Mandate by line of business",
        "2.1 Product / instrument summary",
        "2.2 Oil-gas vs metals/critical-mineral divisional split",
        "2.3 Stockpiling"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jica",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 19728,
      "word_like_tokens": 3039,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/kanagawa-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/kanagawa-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/kanagawa-credit-guarantee-corp.md",
      "title": "神奈川県信用保証協会 (Kanagawa Credit Guarantee Corporation)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as one of the 51 prefecture / city-level members of Japan's credit guarantee system. Read it alongside the system overview at Japan credit guarantee system and the coordinating body at Japan Federation of Credit Guarantee Corporations. Peer-compare against",
      "headings": [
        "神奈川県信用保証協会 (Kanagawa Credit Guarantee Corporation)",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 主要保証商品",
        "3. 県内産業構造との関係",
        "4. Co-lending and JFC overlay",
        "5. 代位弁済と求償",
        "6. Crisis-era response",
        "7. Federation-system anchor"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "banking/shinkin-bank-registry-japan",
        "cooperative-banks/yokohama-shinkin",
        "financial-regulators/jfc",
        "financial-regulators/shoko-chukin",
        "leasing-firms/yokohama-bank-leasing",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/aichi-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/chukyo-bank",
        "regional-banks/kanagawa-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/cooperative-banks/yokohama-shinkin",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/chukyo-bank",
        "https://finwiki.zksc.io/regional-banks/kanagawa-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13052,
      "word_like_tokens": 1985,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/local-government-bond-market.md",
      "url": "https://finwiki.zksc.io/policy-finance/local-government-bond-market",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/local-government-bond-market.md",
      "title": "Local government bond market (Japan policy-finance perspective)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japanese local government bond market is the capital-market interface for prefecture and municipality finance. It is structurally distinct from JGBs: issuance volumes are smaller, credit analysis incorporates the Local Allocation Tax fiscal-equalization layer, and a meaningful share of debt is f",
      "headings": [
        "Local government bond market (Japan policy-finance perspective)",
        "TL;DR",
        "1. Issuance channels",
        "2. Issuer / credit logic",
        "3. Why it sits in policy-finance",
        "4. Connection to other markets",
        "5. Boundary cases",
        "6. Counterpoints",
        "7. Open questions",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/dbj",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "financial-regulators/local-bond-market",
        "financial-regulators/local-govt-finance",
        "money-market/INDEX",
        "money-market/jgb-repo-market-japan",
        "policy-finance/INDEX",
        "policy-finance/japan-finance-organization-municipalities",
        "policy-finance/japan-policy-finance-system"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/local-bond-market",
        "https://finwiki.zksc.io/financial-regulators/local-govt-finance",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/money-market/jgb-repo-market-japan",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-finance-organization-municipalities",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6887,
      "word_like_tokens": 1066,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/national-federation-credit-guarantee-corporations.md",
      "url": "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/national-federation-credit-guarantee-corporations.md",
      "title": "Japan Federation of Credit Guarantee Corporations",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the federation / coordinating-body page for Japan's credit guarantee system. Pair it with Japan credit guarantee system (the mechanism page) and the Japan policy finance system (the broader perimeter). Compare its role with the sector-specific federation",
      "headings": [
        "Japan Federation of Credit Guarantee Corporations",
        "Wiki route",
        "TL;DR",
        "1. 機関概要",
        "2. 51 会員 CGC list",
        "3. JFG role map",
        "4. ZeroZero national rollout 2020 → exit framework 2025",
        "5. Member CGC ranking by guarantee outstanding",
        "6. Interaction with JFC 信用保険",
        "7. Year evolution"
      ],
      "wikilinks": [
        "INDEX",
        "banking/credit-cooperative-registry-japan",
        "banking/regional-bank-consolidation-pattern",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/jfc",
        "financial-regulators/jfc\\",
        "financial-regulators/shoko-chukin",
        "policy-finance/INDEX",
        "policy-finance/INDEX\\",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/aichi-credit-guarantee-corp",
        "policy-finance/aichi-credit-guarantee-corp\\",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/hokkaido-credit-guarantee-corp",
        "policy-finance/hokkaido-credit-guarantee-corp\\",
        "policy-finance/hyogo-credit-guarantee-corp",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/osaka-credit-guarantee-corp",
        "policy-finance/osaka-credit-guarantee-corp\\",
        "policy-finance/tokyo-credit-guarantee-corp",
        "policy-finance/tokyo-credit-guarantee-corp\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/credit-cooperative-registry-japan",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/shoko-chukin",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/agriculture-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/aichi-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/fisheries-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/hokkaido-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/hyogo-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11696,
      "word_like_tokens": 1748,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/nexi-export-credit-insurance-products.md",
      "url": "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/nexi-export-credit-insurance-products.md",
      "title": "NEXI export credit insurance products",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the product-side deep dive on NEXI (Nippon Export and Investment Insurance). Read it with Japan project finance stack diagram for how NEXI sits alongside JBIC loans, JOGMEC equity, and megabank commercial debt; with OECD Export Credit Arrangement for the",
      "headings": [
        "NEXI export credit insurance products",
        "Wiki route",
        "TL;DR",
        "1. 機関 / 部門位置",
        "1.1 OECD Arrangement compliance",
        "2. 主要事業 / 商品メニュー",
        "2.1 Product taxonomy",
        "2.2 Buyer credit vs supplier credit — the structural distinction",
        "2.3 Overseas Investment Insurance — equity political-risk cover",
        "2.4 海外事業資金貸付保険 — loan insurance on overseas lending"
      ],
      "wikilinks": [
        "finance/japan-acquisition-finance",
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 22923,
      "word_like_tokens": 3554,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/nexi.md",
      "url": "https://finwiki.zksc.io/policy-finance/nexi",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/nexi.md",
      "title": "NEXI (Nippon Export and Investment Insurance)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the insurance node of the Japanese state-finance system. Read it against 国際協力銀行 (JBIC) for the direct-lending counterpart whose loans NEXI commonly wraps; with NEXI export-credit insurance products for the product-side operating-mechanics deep dive (sibl",
      "headings": [
        "NEXI (Nippon Export and Investment Insurance)",
        "Wiki route",
        "TL;DR",
        "1. Institutional structure",
        "1.1 The 2017 corporatisation — why it matters",
        "1.2 NEXI vs JBIC division of labor",
        "2. Mandate by line of business",
        "2.1 Product family summary",
        "3. KPI table (public-source numbers)",
        "4. Year-by-year evolution"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17133,
      "word_like_tokens": 2668,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/oecd-export-credit-arrangement.md",
      "url": "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/oecd-export-credit-arrangement.md",
      "title": "OECD Arrangement on Officially Supported Export Credits",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the international rule-book that constrains Japan's official export credit and investment support stack. Read it against NEXI for the Japanese insurance institution constrained by Arrangement minimum premia / tenor caps; with NEXI export-credit insurance",
      "headings": [
        "OECD Arrangement on Officially Supported Export Credits",
        "Wiki route",
        "TL;DR",
        "1. Rule framework",
        "1.1 What the Arrangement disciplines (and does not)",
        "2. Core disciplines",
        "2.1 Maximum repayment tenor",
        "2.2 Minimum Premium Rate (MPR) — keyed to Country Risk Classification (CRC)",
        "2.3 Minimum interest rates — Commercial Interest Reference Rate (CIRR)",
        "2.4 Good-governance disciplines"
      ],
      "wikilinks": [
        "financial-regulators/jbic",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/jogmec-equity-and-offtake-mechanics",
        "policy-finance/nexi",
        "policy-finance/nexi-export-credit-insurance-products",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/jogmec-equity-and-offtake-mechanics",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 25242,
      "word_like_tokens": 3947,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "policy-finance/okinawa-development-finance-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/okinawa-development-finance-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/okinawa-development-finance-corp.md",
      "title": "沖縄振興開発金融公庫 (ODFC)",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under policy-finance index as the consolidated Okinawa-specific policy-finance institution in the Japanese state-finance system. Read it against 日本政策金融公庫 (JFC) for the mainland Japan counterpart whose three functional divisions (国民生活 / 中小企業 / 農林水産) ODFC consolidates into a single reg",
      "headings": [
        "沖縄振興開発金融公庫 (ODFC)",
        "Wiki route",
        "TL;DR",
        "1. Institutional structure",
        "1.1 What makes ODFC structurally unique",
        "1.2 ODFC vs JFC division of labor",
        "2. Mandate by line of business",
        "2.1 Product lane summary",
        "2.2 Okinawa-specific industrial structure features",
        "3. KPI table (public-source numbers)"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/bank-of-okinawa",
        "financial-regulators/jfc",
        "financial-regulators/jfc\\",
        "financial-regulators/okinawa-shinko",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-housing-finance-agency\\",
        "policy-finance/japan-policy-finance-institution-mandate-matrix",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-student-services-organization",
        "policy-finance/jfc-agriculture-forestry-fisheries-division",
        "policy-finance/jfc-kokumin-life-finance-division",
        "policy-finance/jfc-sme-division-operating-model",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-kaiho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/okinawa-shinko",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-institution-mandate-matrix",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/japan-student-services-organization",
        "https://finwiki.zksc.io/policy-finance/jfc-agriculture-forestry-fisheries-division",
        "https://finwiki.zksc.io/policy-finance/jfc-kokumin-life-finance-division",
        "https://finwiki.zksc.io/policy-finance/jfc-sme-division-operating-model",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17868,
      "word_like_tokens": 2715,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/osaka-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/osaka-credit-guarantee-corp.md",
      "title": "Osaka Credit Guarantee Corporation",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Osaka Credit Guarantee Corporation (大阪信用保証協会) is the Osaka-prefecture member of Japan's 51-corporation local credit guarantee system. It is typically the second-largest local corporation by guarantee balance after Tokyo Credit Guarantee Corporation, reflecting Osaka's status as the Kansai SME / manu",
      "headings": [
        "Osaka Credit Guarantee Corporation",
        "TL;DR",
        "1. Institutional boundary",
        "2. Function map",
        "3. Why it matters",
        "4. Boundary cases",
        "5. Comparison with Tokyo CGC",
        "6. Open questions",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/jfc",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/tokyo-credit-guarantee-corp"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/shinkin-bank-registry-japan",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/national-federation-credit-guarantee-corporations",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6003,
      "word_like_tokens": 901,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "policy-finance/tokyo-credit-guarantee-corp.md",
      "url": "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/policy-finance/tokyo-credit-guarantee-corp.md",
      "title": "Tokyo Credit Guarantee Corporation",
      "domain": "policy-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Tokyo Credit Guarantee Corporation (東京信用保証協会) is the Tokyo-metropolis member of Japan's 51-corporation local credit guarantee system. It is consistently the largest single corporation in the federation by guarantee balance, eligible-borrower count, and policy-program scale, because the Tokyo metropo",
      "headings": [
        "Tokyo Credit Guarantee Corporation",
        "TL;DR",
        "1. Institutional boundary",
        "2. Function map",
        "3. Why it matters",
        "4. System anchoring",
        "5. Boundary cases",
        "6. Open questions",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/credit-cooperative-registry-japan",
        "banking/shinkin-bank-registry-japan",
        "financial-regulators/jfc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/agriculture-credit-guarantee-system",
        "policy-finance/fisheries-credit-guarantee-system",
        "policy-finance/japan-credit-guarantee-system",
        "policy-finance/japan-housing-finance-agency",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/national-federation-credit-guarantee-corporations",
        "policy-finance/nexi",
        "policy-finance/osaka-credit-guarantee-corp"
      ],
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      "title": "Tokyo Metropolitan Bond (Tokyo-to-sai)",
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      "summary": "Tokyo Metropolitan Bonds (東京都債 / Tokyo-to-sai) are debt securities issued by the Tokyo Metropolitan Government. As the largest single local-government issuer in Japan by tax base and issuance volume, Tokyo Metropolis is the benchmark issuer for the Japanese local government bond market and is treate",
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        "6. Counterpoints",
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      "title": "Real Estate Finance Index",
      "domain": "real-estate-finance",
      "entry_type": "domain_index",
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      "summary": "Real estate finance is the lane where private real-estate balance sheets meet the capital markets. In Japan this means J-REIT, private REIT, GK-TK SPV securitization, developer corporate finance, and the bank-led real-estate lending stack underneath all of it. Use this index to route between the J-R",
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      "summary": "AEON Group's mall arm — AEON Mall Co., Ltd. (TSE Prime 8905) — is the largest shopping-mall developer-operator in Japan and a textbook case of the listed developer / sponsor J-REIT two-layer financing model. AEON Mall develops and operates large suburban malls on a corporate balance sheet funded by",
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      "title": "Japan bank commercial real estate lending",
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      "summary": "Japan commercial real-estate (CRE) lending is a layered system. Megabanks anchor large project finance and J-REIT sponsor loans. Trust banks bridge balance-sheet lending with real-estate trust functions, appraisal, and asset administration. Regional banks have grown CRE concentration to offset core",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/gk-tk-bond-real-estate-spv.md",
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      "domain": "real-estate-finance",
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      "canonical_anchor": "",
      "summary": "The GK-TK structure (合同会社 + 匿名組合) is the dominant private-SPV vehicle for Japanese real-estate investment by professional and foreign investors. A 合同会社 (GK — Japanese LLC) is the legal-entity layer that holds the asset (typically a 信託受益権 on the underlying real estate), and the 匿名組合 (TK — silent part",
      "headings": [
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        "Two layers, one vehicle",
        "Why GK and not KK or LLP",
        "The 信託受益権 layer",
        "Structure",
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        "How it differs from CMBS",
        "TK distribution as deductible expense"
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        "JapanFG/sp-global-ratings-japan",
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        "financial-regulators/rating-and-investment",
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        "insurance/japan-life-insurance-alm-overview",
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        "real-estate-finance/top-10-j-reit-overview-matrix",
        "securities/japan-securities-depository-center",
        "trust-banks/custody-bank",
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        "trust-banks/mizuho-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
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        "https://finwiki.zksc.io/real-estate-finance/japan-cmbs-rmbs-securitization",
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        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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      "source_path": "real-estate-finance/glp-j-reit-3281.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/glp-j-reit-3281.md",
      "title": "GLP J-REIT (3281)",
      "domain": "real-estate-finance",
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      "canonical_anchor": "",
      "summary": "GLP J-REIT's structural identity rests on three pillars: (i) sponsor pipeline — GLP develops modern logistics assets on the sponsor balance sheet and feeds stabilized properties into GLP J-REIT through preferential-supply agreements; (ii) active asset rotation — periodic disposition of properties no",
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        "TL;DR",
        "Wiki route",
        "1. Corporate identity",
        "2. Sponsor platform — GLP",
        "3. Portfolio composition",
        "4. Capital and leverage",
        "5. Asset rotation strategy",
        "6. Tenant economics",
        "7. GLP J-REIT vs Nippon Prologis REIT"
      ],
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        "real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
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        "real-estate-finance/j-reit-market-overview",
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        "real-estate-finance/j-reit-vs-us-reit-governance-comparison",
        "real-estate-finance/japan-real-estate-j-reit-8952",
        "real-estate-finance/logistics-j-reit-vs-office-j-reit-asset-class-comparison",
        "real-estate-finance/nippon-building-fund-j-reit-8951",
        "real-estate-finance/nippon-prologis-reit-3283",
        "real-estate-finance/nomura-real-estate-master-fund-nmf",
        "real-estate-finance/real-estate-cap-rate-compression-2026",
        "real-estate-finance/top-10-j-reit-overview-matrix"
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        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-sponsor-structure-conflict",
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        "https://finwiki.zksc.io/real-estate-finance/nippon-building-fund-j-reit-8951",
        "https://finwiki.zksc.io/real-estate-finance/nippon-prologis-reit-3283",
        "https://finwiki.zksc.io/real-estate-finance/nomura-real-estate-master-fund-nmf",
        "https://finwiki.zksc.io/real-estate-finance/real-estate-cap-rate-compression-2026",
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      "url": "https://finwiki.zksc.io/real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/j-reit-dividend-yield-vs-jgb-spread.md",
      "title": "J-REIT dividend yield vs JGB spread",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The J-REIT dividend yield minus 10Y JGB yield spread is a primary watch metric for Japan real-estate-investor positioning. Historically the spread has sat in a roughly 200 - 400bp band around the TSE REIT Index average dividend yield. NIRP / YCC compression pinned the 10Y JGB near zero and pushed th",
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        "Spread Definition",
        "Historical Spread Range Map",
        "Spread Mechanics",
        "Post-NIRP Compression Pattern",
        "BoJ YCC Unwind Impact",
        "Life-Insurer J-REIT vs JGB Allocation Trade-Off",
        "Other Domestic Buyer Reads"
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        "trust-banks/sumitomo-mitsui-trust"
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        "https://finwiki.zksc.io/real-estate-finance/real-estate-cap-rate-compression-2026",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/j-reit-foreign-investor-ownership.md",
      "title": "J-REIT foreign investor ownership",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Foreign investors hold approximately one-quarter to one-third of total J-REIT investment units outstanding by value, with weekly flows publicly trackable on the JPX investor-type statistics for J-REIT trading. The foreign-investor base is structurally three-pronged: (1) global REIT specialist funds",
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        "TL;DR",
        "Wiki route",
        "Headline scale",
        "How the share is observed",
        "Segment 1 — Global REIT specialist funds",
        "Segment 2 — Sovereign wealth and large pension",
        "Segment 3 — Hedge funds and trading-style investors",
        "Why the hedging cost dominates",
        "Cross-currency basis swap"
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        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/j-reit-market-overview.md",
      "title": "J-REIT market overview",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "J-REIT (Japan Real Estate Investment Trust) is the Japan listed-real-estate market layer. It is organized as an investment corporation (投資法人) under the Investment Trust Act rather than as an operating real-estate company. The TSE REIT Index covers around 60 listed J-REIT names with combined market c",
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        "Wiki route",
        "1. Institutional boundary",
        "2. Market structure",
        "3. Classification by asset class",
        "4. Sponsor types",
        "5. Why it matters",
        "6. Boundary cases",
        "7. Source-control checklist"
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        "real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison",
        "real-estate-finance/top-10-j-reit-overview-matrix",
        "retail/aeon-group",
        "retail/aeon-group\\",
        "retail/seven-and-i-hd",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank\\",
        "trust-banks/mizuho-trust-bank\\",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/sumitomo-mitsui-trust\\"
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      "source_path": "real-estate-finance/j-reit-sponsor-structure-conflict.md",
      "url": "https://finwiki.zksc.io/real-estate-finance/j-reit-sponsor-structure-conflict",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/j-reit-sponsor-structure-conflict.md",
      "title": "J-REIT sponsor structure and conflict of interest",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A typical J-REIT looks like a single entity from the outside but is a three-party structure: the investment corporation that issues units, the asset-management company that runs it, and the sponsor (usually a developer) that sits behind both. The sponsor owns the asset-management company, supplies t",
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        "Wiki route",
        "1. The three-party structure",
        "2. Sponsor-support agreement — what it usually includes",
        "3. Named sponsors — public mapping",
        "4. Conflict-of-interest channels",
        "5. FSA scrutiny lane",
        "6. Unit-holder protection toolkit",
        "7. Why this matters for investors"
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        "banking/trust-bank-custody-operating-comparison",
        "banking/trust-bank-custody-operating-comparison\\",
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        "finance/japan-listed-financial-groups-investable-universe",
        "insurance/INDEX",
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      "title": "J-REIT top 20 detailed matrix",
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      "summary": "This matrix maps the top 20 listed J-REITs by approximate market capitalization (as of 2026-05) into a single comparison table covering ticker, sponsor, asset focus, AUM scale, market-cap band, LTV policy zone, distribution-per-unit (DPU) yield zone, sponsor type, top-tenant exposure pattern, and 20",
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      "summary": "The single biggest structural difference between J-REIT and US REIT is the management model. J-REIT use an external-management structure: an investment corporation outsources asset management to a separately incorporated asset-management company, typically owned by the developer sponsor. US REIT, af",
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      "summary": "Japan's mortgage-backed securitization market splits cleanly into two strands. RMBS (residential mortgage-backed securities) is dominated by Japan Housing Finance Agency (JHF) monthly Monthly Pass-Through MBS issuance backed by Flat 35 fixed-rate housing loans originated through private bank channel",
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      "summary": "Japan real-estate appraisal practice follows the 不動産鑑定評価基準 (Real Estate Appraisal Standards) issued by MLIT, which requires three approaches to value — income approach (DCF + direct capitalization), comparison approach (transaction comparables), and cost approach (replacement cost net of depreciatio",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/japan-real-estate-j-reit-8952.md",
      "title": "Japan Real Estate Investment (JRE, J-REIT 8952)",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The MEC vs Mitsui rivalry expressed at the listed-REIT layer through JRE vs NBF is the defining feature: both are conservative-LTV (low-to-mid 40% zone), AA-rated, premium-yield (low end of J-REIT yield distribution), foreign-investor-benchmark office J-REIT. The key contrast is sponsor pipeline sou",
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        "Wiki route",
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      "summary": "The Tokyo Stock Exchange REIT Index (東証REIT指数) is JPX's headline benchmark for the J-REIT market, a market-cap-weighted index of all listed J-REITs. It is the standard reference index for J-REIT performance attribution, ETF tracking, and sector-allocation comparisons. The investable derivatives laye",
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        "Wiki route",
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        "ETF surface — primary investable wrapper",
        "Index futures listing status",
        "Hedging real-estate equity exposure via short ETF / short futures",
        "Options market depth",
        "Dealer hedging activity",
        "Comparison to equity-index derivatives"
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      "summary": "Foreign investment in Japan real estate carries distinct Japanese tax treatment that varies by investor type (non-resident corporate vs individual), holding structure (direct vs through TK / GK-TK / TMK vs through J-REIT), income type (rental vs capital gain), permanent-establishment (PE) status, an",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/logistics-j-reit-vs-office-j-reit-asset-class-comparison.md",
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      "summary": "The Japanese J-REIT market is bifurcated by asset class, with logistics and office representing the two largest and most liquid sectors after the diversified / mixed segment. Logistics J-REITs — including Industrial & Infrastructure Fund Investment Corporation (IIF, 3249), GLP J-REIT (3281), Nippon",
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        "Office J-REITs (selected major)",
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      "summary": "For FinWiki, Mitsubishi Estate is the premium-office concentration template — the contrast case to Mitsui Fudosan's broader asset-class diversification. The financing question is how a single-district concentration (Marunouchi) can sustain top-tier credit while funding overseas growth, large redevel",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/mitsui-fudosan-financing-model.md",
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        "https://finwiki.zksc.io/real-estate-finance/bank-commercial-real-estate-lending-japan",
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        "https://finwiki.zksc.io/real-estate-finance/top-10-j-reit-overview-matrix",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
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      "source_path": "real-estate-finance/nippon-building-fund-j-reit-8951.md",
      "url": "https://finwiki.zksc.io/real-estate-finance/nippon-building-fund-j-reit-8951",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/nippon-building-fund-j-reit-8951.md",
      "title": "Nippon Building Fund (NBF, J-REIT 8951)",
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      "summary": "NBF's investor profile combines (i) a conservative LTV in the low-to-mid-40% range, (ii) AA-domestic-rating-zone credit that supports tight investment-corporation-bond pricing, (iii) DPU yield at the low end of the J-REIT distribution (reflecting the sponsor + Tokyo CBD office + scale + liquidity pr",
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        "1. Corporate identity",
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        "3. Capital and leverage",
        "4. Top-tenant exposure",
        "5. NBF vs JRE — the MEC vs Mitsui rivalry proxy",
        "6. Counterpoints",
        "Related"
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        "real-estate-finance/j-reit-market-overview",
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        "https://finwiki.zksc.io/real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
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        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-sponsor-structure-conflict",
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        "https://finwiki.zksc.io/real-estate-finance/japan-real-estate-j-reit-8952",
        "https://finwiki.zksc.io/real-estate-finance/logistics-j-reit-vs-office-j-reit-asset-class-comparison",
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        "https://finwiki.zksc.io/real-estate-finance/mitsui-fudosan-financing-model",
        "https://finwiki.zksc.io/real-estate-finance/nippon-prologis-reit-3283",
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        "https://finwiki.zksc.io/real-estate-finance/top-10-j-reit-overview-matrix",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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      "source_path": "real-estate-finance/nippon-prologis-reit-3283.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/nippon-prologis-reit-3283.md",
      "title": "Nippon Prologis REIT (3283)",
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      "entry_type": "wiki_entry",
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      "summary": "NPR's portfolio is concentrated in AAA-grade modern logistics facilities — high-spec multi-tenant warehouses in Greater Tokyo, Osaka, and Aichi/Nagoya logistics submarkets developed by Prologis Japan on the sponsor balance sheet. The AAA-grade designation refers to facility specifications: large flo",
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        "4. Portfolio composition",
        "5. Capital and leverage",
        "6. NPR vs GLP J-REIT",
        "7. Why foreign sponsors anchor the modern-logistics segment"
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        "real-estate-finance/j-reit-foreign-investor-ownership",
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        "real-estate-finance/nippon-building-fund-j-reit-8951",
        "real-estate-finance/nomura-real-estate-master-fund-nmf",
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        "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
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        "https://finwiki.zksc.io/real-estate-finance/glp-j-reit-3281",
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        "https://finwiki.zksc.io/real-estate-finance/j-reit-vs-us-reit-governance-comparison",
        "https://finwiki.zksc.io/real-estate-finance/japan-real-estate-j-reit-8952",
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        "https://finwiki.zksc.io/real-estate-finance/nippon-building-fund-j-reit-8951",
        "https://finwiki.zksc.io/real-estate-finance/nomura-real-estate-master-fund-nmf",
        "https://finwiki.zksc.io/real-estate-finance/real-estate-cap-rate-compression-2026",
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      "source_path": "real-estate-finance/nomura-real-estate-master-fund-nmf.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/nomura-real-estate-master-fund-nmf.md",
      "title": "Nomura Real Estate Master Fund (NMF, J-REIT 3462)",
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      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "For FinWiki, NMF is the diversified-J-REIT template — the contrast to pure-play office J-REIT like NBF and JRE and to pure-play logistics J-REIT like GLP J-REIT and Nippon Prologis REIT. The diversified profile gives smoother DPU through cycles but at the cost of less crisp asset-class exposure for",
      "headings": [
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        "1. Corporate identity",
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        "3. Portfolio composition",
        "4. Capital and leverage",
        "5. Diversified vs pure-play J-REIT",
        "6. NMF's role in the J-REIT ecosystem",
        "Related"
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        "real-estate-finance/mitsui-fudosan-financing-model",
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        "real-estate-finance/nippon-prologis-reit-3283",
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        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-sponsor-structure-conflict",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-vs-us-reit-governance-comparison",
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        "https://finwiki.zksc.io/real-estate-finance/nippon-building-fund-j-reit-8951",
        "https://finwiki.zksc.io/real-estate-finance/nippon-prologis-reit-3283",
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      "source_path": "real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison.md",
      "title": "Private REIT Japan vs listed J-REIT comparison",
      "domain": "real-estate-finance",
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      "summary": "Private REIT (私募リート / 非上場REIT) and listed J-REIT are structurally the same kind of investment corporation under the Investment Trust Act, but the listing status changes almost everything about how they are used in practice. Listed J-REIT trade continuously on JPX with full continuing-disclosure obli",
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        "3. Fee structure trade-off",
        "4. Pension and institutional allocation use cases",
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        "real-estate-finance/j-reit-vs-us-reit-governance-comparison",
        "real-estate-finance/top-10-j-reit-overview-matrix",
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      "source_path": "real-estate-finance/real-estate-bridge-fund-japan.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/real-estate-bridge-fund-japan.md",
      "title": "Real-estate bridge fund (Japan)",
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      "summary": "A real-estate bridge fund (also called warehousing fund or pre-REIT vehicle) is a temporary SPV that acquires a property and holds it for a short period — typically 6 to 18 months — before transferring it to a long-term institutional owner such as a J-REIT, a private REIT, or a corporate pension or",
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        "https://finwiki.zksc.io/real-estate-finance/japan-real-estate-appraisal-methodology",
        "https://finwiki.zksc.io/real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison",
        "https://finwiki.zksc.io/real-estate-finance/top-10-j-reit-overview-matrix",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12277,
      "word_like_tokens": 2060,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "real-estate-finance/real-estate-cap-rate-compression-2026.md",
      "url": "https://finwiki.zksc.io/real-estate-finance/real-estate-cap-rate-compression-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/real-estate-cap-rate-compression-2026.md",
      "title": "Japan real estate cap rate compression 2026",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan real-estate cap rates have compressed across asset classes through the BoJ NIRP / YCC era to historically low absolute levels. As of 2026, expected (forward) cap-rate ranges sit at approximately: Tokyo prime CBD office 3.0 - 3.5%, Osaka prime office 3.5 - 4.0%, Tokyo / Greater-Tokyo logistics",
      "headings": [
        "Japan real estate cap rate compression 2026",
        "TL;DR",
        "Wiki route",
        "Cap Rate Definition (Short Form)",
        "2026 Cap-Rate Range Map",
        "Comparison to BoJ NIRP-Era Lows",
        "Post-NIRP Normalisation Impact",
        "Foreign-Buyer Cap-Rate Floor",
        "Cap-Rate Component Decomposition",
        "Cap-Rate-Sensitivity in J-REIT NAV"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "finance/INDEX",
        "finance/japan-private-equity-fund-structure-matrix",
        "finance/japan-private-equity-operating-model",
        "financial-regulators/dbj",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/japan-money-market",
        "real-estate-finance/INDEX",
        "real-estate-finance/bank-commercial-real-estate-lending-japan",
        "real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
        "real-estate-finance/j-reit-foreign-investor-ownership",
        "real-estate-finance/j-reit-market-overview",
        "real-estate-finance/japan-real-estate-appraisal-methodology",
        "real-estate-finance/jrei-foreign-investment-tax-treatment",
        "real-estate-finance/real-estate-private-credit-japan",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-private-equity-fund-structure-matrix",
        "https://finwiki.zksc.io/finance/japan-private-equity-operating-model",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/bank-commercial-real-estate-lending-japan",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-foreign-investor-ownership",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/japan-real-estate-appraisal-methodology",
        "https://finwiki.zksc.io/real-estate-finance/jrei-foreign-investment-tax-treatment",
        "https://finwiki.zksc.io/real-estate-finance/real-estate-private-credit-japan",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11083,
      "word_like_tokens": 1864,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "real-estate-finance/real-estate-private-credit-japan.md",
      "url": "https://finwiki.zksc.io/real-estate-finance/real-estate-private-credit-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/real-estate-private-credit-japan.md",
      "title": "Japan real estate private credit",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan real-estate private credit is a layered non-bank financing market sitting alongside bank CRE lending. The market has two distinct deployment routes: foreign general-partner (GP) entrants (Blackstone, KKR, Apollo, Brookfield, and others) running cross-border real-estate-debt strategies into Jap",
      "headings": [
        "Japan real estate private credit",
        "TL;DR",
        "Wiki route",
        "Product Stack",
        "Target Return Bands (Indicative)",
        "Foreign GP Entrants",
        "Japan-Incorporated Private Credit",
        "Capital Stack Example",
        "Bridge Financing Use Cases",
        "Mezz and Preferred Equity Structuring"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "finance/INDEX",
        "finance/japan-private-equity-fund-structure-matrix",
        "finance/japan-private-equity-operating-model",
        "financial-regulators/dbj",
        "insurance/japan-life-insurance-alm-overview",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/sumitomo-mitsui-banking-corp",
        "money-market/japan-money-market",
        "real-estate-finance/INDEX",
        "real-estate-finance/bank-commercial-real-estate-lending-japan",
        "real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
        "real-estate-finance/j-reit-foreign-investor-ownership",
        "real-estate-finance/j-reit-market-overview",
        "real-estate-finance/japan-real-estate-appraisal-methodology",
        "real-estate-finance/jrei-foreign-investment-tax-treatment",
        "real-estate-finance/real-estate-cap-rate-compression-2026",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-private-equity-fund-structure-matrix",
        "https://finwiki.zksc.io/finance/japan-private-equity-operating-model",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-alm-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/money-market/japan-money-market",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/bank-commercial-real-estate-lending-japan",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-dividend-yield-vs-jgb-spread",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-foreign-investor-ownership",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/japan-real-estate-appraisal-methodology",
        "https://finwiki.zksc.io/real-estate-finance/jrei-foreign-investment-tax-treatment",
        "https://finwiki.zksc.io/real-estate-finance/real-estate-cap-rate-compression-2026",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13526,
      "word_like_tokens": 2073,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "real-estate-finance/top-10-j-reit-overview-matrix.md",
      "url": "https://finwiki.zksc.io/real-estate-finance/top-10-j-reit-overview-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/real-estate-finance/top-10-j-reit-overview-matrix.md",
      "title": "Top 10 J-REIT overview matrix",
      "domain": "real-estate-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Use this entry as the named-name matrix companion to J-REIT market overview. It maps the top 10 listed J-REIT by approximate market capitalization to their sponsor, asset class, asset-class concentration, AUM scale, LTV range, DPU yield zone, and foreign-investor relevance. Specific numeric ranks sh",
      "headings": [
        "Top 10 J-REIT overview matrix",
        "TL;DR",
        "Wiki route",
        "1. Representative top-of-market J-REIT (alphabetical)",
        "2.1 Sponsor and asset focus",
        "2.2 Scale and leverage",
        "2.3 DPU yield and foreign-investor relevance",
        "3. Trustee mapping — public-surface reference",
        "4. Comparison reading guide",
        "5. Source-control checklist"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/trust-bank-custody-operating-comparison",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "insurance/INDEX",
        "policy-finance/INDEX",
        "real-estate-finance/INDEX",
        "real-estate-finance/j-reit-market-overview",
        "real-estate-finance/j-reit-sponsor-structure-conflict",
        "real-estate-finance/j-reit-vs-us-reit-governance-comparison",
        "real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison",
        "retail/aeon-group",
        "retail/seven-and-i-hd",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank\\",
        "trust-banks/mizuho-trust-bank\\",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/sumitomo-mitsui-trust\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/trust-bank-custody-operating-comparison",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/insurance/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-sponsor-structure-conflict",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-vs-us-reit-governance-comparison",
        "https://finwiki.zksc.io/real-estate-finance/private-reit-japan-vs-listed-j-reit-comparison",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 9321,
      "word_like_tokens": 1527,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "regional-banks/01-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/01-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/01-bank.md",
      "title": "01銀行 (01Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against UI銀行 (UI Bank) and みんなの銀行 for peer / contrast context (the two preceding 地銀デジタル銀行), 池田泉州ホールディングス for parent group context, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "01銀行 (01Bank)",
        "Wiki route",
        "1. 法人・ライセンス境界",
        "3. 重要年表",
        "4. 親会社 池田泉州 HD との関係",
        "5. 業務モデル — データドリブン SME finance",
        "6. ピア比較 — 地銀デジタル子会社の系譜",
        "7. 監督・規制",
        "9. Open questions",
        "Related"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/minna-bank-baas-model",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokkoku-fhd",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/ui-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/ui-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5400,
      "word_like_tokens": 941,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/18-shinwa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/18-shinwa-bank.md",
      "title": "株式会社十八親和銀行 (Eighteenth Shinwa Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社十八親和銀行 (Eighteenth Shinwa Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kyushu-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2100,
      "word_like_tokens": 330,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/77-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/77-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/77-bank.md",
      "title": "七十七銀行 (77 Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "七十七銀行 (77 Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態の特徴",
        "主要関連会社（主な系列）^[extracted]",
        "黎明期: 国立銀行条例から株式会社銀行へ",
        "戦後〜バブル期",
        "東日本大震災以降（最重要）",
        "地理的地盤"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/fidea-hd",
        "regional-banks/jimoto-hd",
        "regional-banks/joyo-bank",
        "regional-banks/kyoto-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/proclair-hd",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/proclair-hd",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4841,
      "word_like_tokens": 737,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/INDEX.md",
      "url": "https://finwiki.zksc.io/regional-banks/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/INDEX.md",
      "title": "regional-banks — Japan regional and second-regional banks index",
      "domain": "regional-banks",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "regional-banks/ is a standalone top-level domain, split out of the former JapanFG entity umbrella. It covers Japan's regional banks (地銀) and second-regional banks (第二地銀): regional-bank holding companies (地銀 FG / HD), digital / net / retail-platform banks, and prefecture-based operating banks grouped",
      "headings": [
        "regional-banks — Japan regional and second-regional banks index",
        "Scope",
        "Disambiguation",
        "Placement Rule",
        "Members",
        "Regional bank holding companies (FG / HD) (23)",
        "Digital / net / retail-platform banks (10)",
        "Regional banks — Hokkaido / Tohoku (14)",
        "Regional banks — Kanto (11)",
        "Regional banks — Chubu / Hokuriku / Tokai (13)"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "cooperative-banks/INDEX",
        "financial-licenses/INDEX",
        "megabanks/INDEX",
        "regional-banks/01-bank",
        "regional-banks/18-shinwa-bank",
        "regional-banks/77-bank",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/akita-bank",
        "regional-banks/aozora-bank",
        "regional-banks/aozora-bank-detail",
        "regional-banks/ashikaga-bank",
        "regional-banks/au-jibun-bank",
        "regional-banks/awa-bank",
        "regional-banks/chiba-bank",
        "regional-banks/chiba-kogyo-bank",
        "regional-banks/chikuho-bank",
        "regional-banks/chugin-okayama",
        "regional-banks/chugoku-bank",
        "regional-banks/chukyo-bank",
        "regional-banks/concordia-fg",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/daishi-hokuetsu-bank",
        "regional-banks/daito-bank",
        "regional-banks/daiwa-next-bank",
        "regional-banks/ehime-bank",
        "regional-banks/fidea-hd",
        "regional-banks/fukui-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-chuo-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/fukushima-bank",
        "regional-banks/gunma-bank",
        "regional-banks/hachijuni-bank",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/hamagin-research",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/higo-bank",
        "regional-banks/hirogin-hd",
        "regional-banks/hiroshima-bank",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokkoku-bank",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank",
        "regional-banks/hokuto-bank",
        "regional-banks/hokuyo-bank",
        "regional-banks/howa-bank",
        "regional-banks/hyakugo-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/iwate-bank",
        "regional-banks/iyo-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/japan-post-bank",
        "regional-banks/jimoto-hd",
        "regional-banks/joyo-bank",
        "regional-banks/juroku-bank",
        "regional-banks/juroku-fg",
        "regional-banks/kagawa-bank",
        "regional-banks/kagoshima-bank",
        "regional-banks/kanagawa-bank",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/keiyo-bank",
        "regional-banks/kiraboshi-bank",
        "regional-banks/kiraboshi-fg",
        "regional-banks/kirayaka-bank",
        "regional-banks/kita-nippon-bank",
        "regional-banks/kitakyushu-bank",
        "regional-banks/kiyo-bank",
        "regional-banks/kochi-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/kyoto-bank",
        "regional-banks/kyoto-fg",
        "regional-banks/kyushu-fg",
        "regional-banks/lawson-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/minami-nippon-bank",
        "regional-banks/minato-bank",
        "regional-banks/miyazaki-bank",
        "regional-banks/miyazaki-taiyo-bank",
        "regional-banks/momiji-bank",
        "regional-banks/musashino-bank",
        "regional-banks/nagasaki-bank",
        "regional-banks/nagoya-bank",
        "regional-banks/nanto-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/oita-bank",
        "regional-banks/okinawa-bank",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-kaiho-bank",
        "regional-banks/proclair-hd",
        "regional-banks/ryukyu-bank",
        "regional-banks/saga-bank",
        "regional-banks/saga-kyoei-bank",
        "regional-banks/saikyo-bank",
        "regional-banks/san-in-godo-bank",
        "regional-banks/san-jusan-bank",
        "regional-banks/san-jusan-fg",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/sbj-bank",
        "regional-banks/sendai-bank",
        "regional-banks/seven-bank",
        "regional-banks/shiga-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/shimane-bank",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/shonai-bank",
        "regional-banks/slug",
        "regional-banks/sony-bank",
        "regional-banks/ssjbank",
        "regional-banks/ssnb",
        "regional-banks/suruga-bank",
        "regional-banks/taiko-bank",
        "regional-banks/tajima-bank",
        "regional-banks/tochigi-bank",
        "regional-banks/toho-bank",
        "regional-banks/tohoku-bank",
        "regional-banks/tokushima-taisho-bank",
        "regional-banks/tokyo-star-bank",
        "regional-banks/tomato-bank",
        "regional-banks/tomony-hd",
        "regional-banks/tottori-bank",
        "regional-banks/towa-bank",
        "regional-banks/toyama-bank",
        "regional-banks/toyama-first-bank",
        "regional-banks/tsukuba-bank",
        "regional-banks/ui-bank",
        "regional-banks/yamagata-bank",
        "regional-banks/yamaguchi-fg",
        "regional-banks/yamanashi-chuo-bank",
        "regional-banks/yokohama-bank",
        "regional-banks/yucho",
        "trust-banks/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/INDEX",
        "https://finwiki.zksc.io/regional-banks/01-bank",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/aozora-bank-detail",
        "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
        "https://finwiki.zksc.io/regional-banks/au-jibun-bank",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
        "https://finwiki.zksc.io/regional-banks/chikuho-bank",
        "https://finwiki.zksc.io/regional-banks/chugin-okayama",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/chukyo-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank",
        "https://finwiki.zksc.io/regional-banks/daito-bank",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/ehime-bank",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/fukui-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/fukushima-bank",
        "https://finwiki.zksc.io/regional-banks/gunma-bank",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
        "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
        "https://finwiki.zksc.io/regional-banks/hamagin-research",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/hokuto-bank",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank",
        "https://finwiki.zksc.io/regional-banks/howa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakugo-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/kagawa-bank",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kanagawa-bank",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/keiyo-bank",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-bank",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-fg",
        "https://finwiki.zksc.io/regional-banks/kirayaka-bank",
        "https://finwiki.zksc.io/regional-banks/kita-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/kiyo-bank",
        "https://finwiki.zksc.io/regional-banks/kochi-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/lawson-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7083,
      "word_like_tokens": 1008,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "regional-banks/aichi-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/aichi-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/aichi-bank.md",
      "title": "あいち銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 名古屋銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "あいち銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/aichi-fg",
        "regional-banks/juroku-bank",
        "regional-banks/nagoya-bank",
        "regional-banks/ogaki-kyoritsu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1893,
      "word_like_tokens": 296,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/aichi-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/aichi-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/aichi-fg.md",
      "title": "あいち FG (Aichi FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 八十二長野銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "あいち FG (Aichi FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・グループ構成",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "中京経済圏集中戦略",
        "合併シナジー（2022-10 統合 → 2025-01 銀行合併）",
        "競合構図"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/aichi-bank",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/juroku-fg",
        "regional-banks/nagoya-bank",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/san-jusan-fg",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3885,
      "word_like_tokens": 625,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/akita-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/akita-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/akita-bank.md",
      "title": "株式会社秋田銀行 (The Akita Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社秋田銀行 (The Akita Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/iwate-bank",
        "regional-banks/jimoto-hd",
        "regional-banks/proclair-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/proclair-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2207,
      "word_like_tokens": 347,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/aozora-bank-detail.md",
      "url": "https://finwiki.zksc.io/regional-banks/aozora-bank-detail",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/aozora-bank-detail.md",
      "title": "あおぞら銀行 事業詳細 (Aozora Bank Operating Profile)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX and complements the company-level summary at あおぞら銀行. Read it against SBI 新生銀行 for post-rehabilitation peer context, 三菱UFJ銀行 / SMBC / みずほ銀行 for mega-bank contrast, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "あおぞら銀行 事業詳細 (Aozora Bank Operating Profile)",
        "Wiki route",
        "TL;DR",
        "1. 法人沿革・所有構造の現状",
        "2. ライセンス・規制境界",
        "3. 事業セグメント詳細",
        "3.1 ホールセール法人銀行",
        "3.2 不動産ファイナンス",
        "3.3 投資銀行・市場性業務",
        "3.4 国際金融"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-bank",
        "megabanks/mufg-bank",
        "megabanks/smbc",
        "regional-banks/INDEX",
        "regional-banks/aozora-bank",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/tokyo-star-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smbc",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4610,
      "word_like_tokens": 737,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/aozora-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/aozora-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/aozora-bank.md",
      "title": "あおぞら銀行 (Aozora Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against SBI 新生銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "あおぞら銀行 (Aozora Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主構成（推移）^[extracted]",
        "主要子会社・関連会社 ^[extracted]",
        "重要年表 ^[extracted]",
        "関連事業（個人向けブランド）",
        "2. 事業セグメント・マップ",
        "「中堅独立銀行」モデル"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4003,
      "word_like_tokens": 640,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/ashikaga-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ashikaga-bank.md",
      "title": "足利銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 横浜銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "足利銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/joyo-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/tochigi-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/tochigi-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1869,
      "word_like_tokens": 296,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/au-jibun-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/au-jibun-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/au-jibun-bank.md",
      "title": "au じぶん銀行 (au Jibun Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ソニー銀行 / オリックス銀行 / 楽天銀行 for peer internet bank context, 三菱UFJ銀行 as parent group co-investor, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "au じぶん銀行 (au Jibun Bank)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・規制境界",
        "3. 業務セグメント",
        "4. 親会社・グループ関係",
        "5. 競合・業界ポジション",
        "6. 戦略・最近の動向",
        "7. 主要 KPI（概観）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "regional-banks/INDEX",
        "regional-banks/sbi-sumishin-net-bank",
        "regional-banks/sony-bank",
        "trust-banks/orix-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/trust-banks/orix-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4209,
      "word_like_tokens": 743,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/awa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/awa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/awa-bank.md",
      "title": "阿波銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 徳島大正銀行 for the same-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "阿波銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/tokushima-taisho-bank",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank",
        "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2781,
      "word_like_tokens": 392,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chiba-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/chiba-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chiba-bank.md",
      "title": "千葉銀行 (Chiba Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 群馬銀行 (The Gunma Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "千葉銀行 (Chiba Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要数値（2025-03 期・連結）^[extracted]",
        "主要子会社・関連会社（公開）",
        "前身・統合歴史",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "TSUBASA アライアンス主導戦略 ★"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/gunma-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/mebuki-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/gunma-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4260,
      "word_like_tokens": 727,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chiba-kogyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chiba-kogyo-bank.md",
      "title": "千葉興業銀行 (Chiba Kogyo Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "千葉興業銀行 (Chiba Kogyo Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要数値（公開）^[extracted]",
        "主要株主（公開ベース）^[extracted]",
        "主要子会社・関連会社（公開）",
        "前身・統合歴史",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/jimoto-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/musashino-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/musashino-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5617,
      "word_like_tokens": 935,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chikuho-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/chikuho-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chikuho-bank.md",
      "title": "筑邦銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "筑邦銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/nishi-nippon-city-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1975,
      "word_like_tokens": 305,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chugin-okayama.md",
      "url": "https://finwiki.zksc.io/regional-banks/chugin-okayama",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chugin-okayama.md",
      "title": "ちゅうぎん FG / 中国銀行 historical group page",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ちゅうぎん FG / 中国銀行 historical group page",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結・ちゅうぎん FG）^[extracted]",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "営業エリア"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chugoku-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hirogin-hd",
        "regional-banks/iyogin-hd",
        "regional-banks/san-in-godo-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5839,
      "word_like_tokens": 1042,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chugoku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/chugoku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chugoku-bank.md",
      "title": "中国銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 広島銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "中国銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/chugin-okayama",
        "regional-banks/hiroshima-bank",
        "regional-banks/tomato-bank",
        "regional-banks/tottori-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugin-okayama",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/tomato-bank",
        "https://finwiki.zksc.io/regional-banks/tottori-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1969,
      "word_like_tokens": 303,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/chukyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/chukyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/chukyo-bank.md",
      "title": "中京銀行 (Chukyo Bank, historical)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the regional-banks INDEX as the historical predecessor anchor for current operating bank あいち銀行 under あいち FG. Read it against the 名古屋銀行 in-prefecture rival and 三十三銀行 / 十六銀行 Chubu peers, and against regional-bank consolidation pattern for the broader system / regulatory boundary.",
      "headings": [
        "中京銀行 (Chukyo Bank, historical)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 統合・解散プロセス (持株ツリー)",
        "戦前・戦時源流",
        "中京銀行 設立 (1953)",
        "普通銀行転換と上場",
        "経営統合と消滅",
        "4. KPI table (historical, 2024-03 期最終決算ベース)"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/zenshin-kyo",
        "regional-banks/INDEX",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/hyakugo-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/juroku-bank",
        "regional-banks/juroku-fg",
        "regional-banks/nagoya-bank",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/san-jusan-bank",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/zenshin-kyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/hyakugo-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5143,
      "word_like_tokens": 872,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/concordia-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/concordia-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/concordia-fg.md",
      "title": "横浜フィナンシャルグループ（旧 コンコルディア・フィナンシャルグループ）",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "横浜フィナンシャルグループ（旧 コンコルディア・フィナンシャルグループ）",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（FY2024 通期 連結実績）^[extracted]",
        "2026-03 期見通し（FY2025 通期 連結予想 / 2025-11-13 開示）^[extracted]",
        "主要株主（大株主 上位 10、2026-03-31 基準）^[extracted]",
        "主要子会社・組織",
        "合併歴史・前身",
        "重要年表（抜粋）^[extracted]"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7828,
      "word_like_tokens": 1378,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/dai-shi-hokuetsu-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/dai-shi-hokuetsu-fg.md",
      "title": "第四北越 FG",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "第四北越 FG",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表",
        "2. 事業セグメント・マップ",
        "地盤統合戦略（県内一行型）",
        "県外進出戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/yucho"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/yucho"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3791,
      "word_like_tokens": 601,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/daishi-hokuetsu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/daishi-hokuetsu-bank.md",
      "title": "第四北越銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 八十二長野銀行 for the neighbouring-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent 第四北越フィナンシャルグループ page.",
      "headings": [
        "第四北越銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/taiko-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/taiko-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2738,
      "word_like_tokens": 388,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/daito-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/daito-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/daito-bank.md",
      "title": "大東銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 福島銀行 for the same-prefecture second-regional peer / contrast, and against the FSA plus banking for the supervisory / system boundary. 福島県の第一地銀 anchor は 東邦銀行。",
      "headings": [
        "大東銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/fukushima-bank",
        "regional-banks/toho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukushima-bank",
        "https://finwiki.zksc.io/regional-banks/toho-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2689,
      "word_like_tokens": 378,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/daiwa-next-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/daiwa-next-bank.md",
      "title": "大和ネクスト銀行 (Daiwa Next Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route — listed there in the digital / net / retail-platform banks group). Read it against ソニー銀行 (Sony Bank) for the net-bank peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Parent group context lives in 大",
      "headings": [
        "大和ネクスト銀行 (Daiwa Next Bank)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Regulatory & system positioning",
        "4. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/post-megabank-positioning",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/sony-bank",
        "securities-firms/daiwa-sg",
        "trust-banks/orix-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/sony-bank",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/trust-banks/orix-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2654,
      "word_like_tokens": 386,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/ehime-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ehime-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ehime-bank.md",
      "title": "愛媛銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 伊予銀行 for the same-prefecture first/second-regional peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "愛媛銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/shikoku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2603,
      "word_like_tokens": 373,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fidea-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/fidea-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fidea-hd.md",
      "title": "フィデア HD (Fidea Holdings)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "フィデア HD (Fidea Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分 ^[extracted]",
        "合併歴史・前身 ^[extracted]",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ ^[extracted]",
        "北東北広域連合戦略",
        "産業金融特化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/akita-bank",
        "regional-banks/concordia-fg",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuto-bank",
        "regional-banks/iwate-bank",
        "regional-banks/jimoto-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/proclair-hd",
        "regional-banks/shonai-bank",
        "regional-banks/tohoku-bank",
        "regional-banks/yamagata-bank",
        "regional-banks/yucho"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuto-bank",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/proclair-hd",
        "https://finwiki.zksc.io/regional-banks/shonai-bank",
        "https://finwiki.zksc.io/regional-banks/tohoku-bank",
        "https://finwiki.zksc.io/regional-banks/yamagata-bank",
        "https://finwiki.zksc.io/regional-banks/yucho"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4669,
      "word_like_tokens": 713,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fukui-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/fukui-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fukui-bank.md",
      "title": "福井銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北陸銀行 for the neighbouring-Hokuriku peer / contrast, and against the FSA plus banking for the supervisory / system boundary. License-type context lives in financial licenses.",
      "headings": [
        "福井銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/daishi-hokuetsu-bank",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2853,
      "word_like_tokens": 410,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fukuoka-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fukuoka-bank.md",
      "title": "福岡銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 西日本シティ銀行 for the same-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent ふくおかフィナンシャルグループ page.",
      "headings": [
        "福岡銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/chikuho-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kitakyushu-bank",
        "regional-banks/nishi-nippon-city-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chikuho-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3120,
      "word_like_tokens": 445,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fukuoka-chuo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/fukuoka-chuo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fukuoka-chuo-bank.md",
      "title": "福岡中央銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "福岡中央銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/chikuho-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/nishi-nippon-city-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chikuho-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2053,
      "word_like_tokens": 322,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fukuoka-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fukuoka-fg.md",
      "title": "ふくおか FG (FFG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 千葉銀行 (Chiba Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ふくおか FG (FFG)",
        "Wiki route",
        "TL;DR",
        "0. 直近決算サマリー（FY2025 / 2026 年 3 月期 実績、2026-05-13 開示）",
        "1. 会社概要",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表",
        "2. 事業セグメント・マップ",
        "銀行 3 行合算 KPI（FY2025 / 2025-12 末時点、Q3 短信ベース）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/mebuki-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6000,
      "word_like_tokens": 1132,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/fukushima-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/fukushima-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/fukushima-bank.md",
      "title": "福島銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 大東銀行 for the same-prefecture second-regional peer / contrast, and against the FSA plus banking for the supervisory / system boundary. 福島県の第一地銀 anchor は 東邦銀行。",
      "headings": [
        "福島銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/daito-bank",
        "regional-banks/toho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/daito-bank",
        "https://finwiki.zksc.io/regional-banks/toho-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2766,
      "word_like_tokens": 397,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/gunma-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/gunma-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/gunma-bank.md",
      "title": "群馬銀行 (The Gunma Bank, Ltd.)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 千葉銀行 (Chiba Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "群馬銀行 (The Gunma Bank, Ltd.)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株会社化していない論点",
        "主要子会社・関連事業 ^[likely]",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "営業エリア地理",
        "産業基盤特性"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/towa-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/towa-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4007,
      "word_like_tokens": 598,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hachijuni-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hachijuni-bank.md",
      "title": "株式会社八十二銀行 (The Hachijuni Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社八十二銀行 (The Hachijuni Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "県内地盤戦略",
        "県内同業との関係：3 つ巴 → 1 強体制へ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "manufacturer-finance/seiko-epson",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/manufacturer-finance/seiko-epson",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4927,
      "word_like_tokens": 758,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hachijuni-nagano-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hachijuni-nagano-bank.md",
      "title": "八十二長野銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 清水銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "八十二長野銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/daishi-hokuetsu-bank",
        "regional-banks/fukui-bank",
        "regional-banks/hachijuni-bank",
        "regional-banks/shimizu-bank",
        "regional-banks/yamanashi-chuo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank",
        "https://finwiki.zksc.io/regional-banks/fukui-bank",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/yamanashi-chuo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1989,
      "word_like_tokens": 300,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hamagin-research.md",
      "url": "https://finwiki.zksc.io/regional-banks/hamagin-research",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hamagin-research.md",
      "title": "はまぎん総合研究所 (Hamagin Research Institute)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the regional-banks INDEX as the FG-subsidiary think-tank / research operating-company anchor for 横浜フィナンシャルグループ (旧コンコルディア FG). Read it against parent operating bank 横浜銀行 and sibling subsidiary 横浜銀リース. For peer regional-bank think-tank context, contrast with major think tanks (野村",
      "headings": [
        "はまぎん総合研究所 (Hamagin Research Institute)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "はまぎん総研 設立",
        "CFG → YFG 商号変更 (2025-10-01)",
        "4. KPI table",
        "5. 事業セグメント・マップ",
        "FG 内ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "leasing-firms/mebuki-lease",
        "leasing-firms/yokohama-bank-leasing",
        "payment-firms/ibank-marketing",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/yokohama-bank",
        "securities-firms/ffg-securities",
        "securities-firms/mebuki-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/leasing-firms/mebuki-lease",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/payment-firms/ibank-marketing",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank",
        "https://finwiki.zksc.io/securities-firms/ffg-securities",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5404,
      "word_like_tokens": 799,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/higashi-nippon-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/higashi-nippon-bank.md",
      "title": "東日本銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 横浜銀行 for the same-group peer / contrast (the FG's other operating bank), and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent コンコルディア・フィナンシャルグループ page.",
      "headings": [
        "東日本銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/tokyo-star-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2847,
      "word_like_tokens": 407,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/higo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/higo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/higo-bank.md",
      "title": "肥後銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "肥後銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/kagoshima-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/miyazaki-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1987,
      "word_like_tokens": 304,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hirogin-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/hirogin-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hirogin-hd.md",
      "title": "ひろぎん HD (Hirogin Holdings)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ひろぎん HD (Hirogin Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社（連結）",
        "沿革",
        "2. 事業セグメント・マップ",
        "地盤戦略",
        "中国地方競合構図",
        "持株会社化の戦略意義"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chugin-okayama",
        "regional-banks/chugoku-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hiroshima-bank",
        "regional-banks/san-in-godo-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugin-okayama",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3724,
      "word_like_tokens": 605,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hiroshima-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hiroshima-bank.md",
      "title": "広島銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 中国銀行 for the neighbouring-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent ひろぎんホールディングス page.",
      "headings": [
        "広島銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/chugoku-bank",
        "regional-banks/hirogin-hd",
        "regional-banks/momiji-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2869,
      "word_like_tokens": 409,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hokkaido-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokkaido-bank.md",
      "title": "北海道銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北陸銀行 for the sibling-FG peer / contrast (the other Hokuhoku banking wing), and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent ほくほくフィナンシャルグループ page.",
      "headings": [
        "北海道銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank",
        "regional-banks/hokuyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/hokuyo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2673,
      "word_like_tokens": 376,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hokkoku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokkoku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokkoku-bank.md",
      "title": "北國銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北陸銀行 for the same-region peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent 北國フィナンシャルホールディングス page.",
      "headings": [
        "北國銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokuriku-bank",
        "regional-banks/toyama-bank",
        "regional-banks/toyama-first-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/toyama-bank",
        "https://finwiki.zksc.io/regional-banks/toyama-first-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2743,
      "word_like_tokens": 386,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hokkoku-fhd.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokkoku-fhd.md",
      "title": "北國 FHD (Hokkoku FHD)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "北國 FHD (Hokkoku FHD)",
        "Wiki route",
        "Overview",
        "1. 会社概要",
        "主要子会社・持分",
        "2. 合併・沿革",
        "3. 事業セグメント・マップ",
        "「地銀発デジタルプラットフォーマー」志向",
        "Microsoft 長期提携",
        "競合・参照対象"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "financial-regulators/cci-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokuhoku-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/financial-regulators/cci-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4442,
      "word_like_tokens": 697,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "regional-banks/hokuhoku-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokuhoku-fg.md",
      "title": "ほくほく FG (Hokuhoku FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ほくほく FG (Hokuhoku FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "Dual-bank operating model",
        "合併経緯・前身",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "地理ロングテール戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5061,
      "word_like_tokens": 810,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "regional-banks/hokuriku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokuriku-bank.md",
      "title": "北陸銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北海道銀行 for the sibling-FG peer / contrast (the other Hokuhoku banking wing), and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent ほくほくフィナンシャルグループ page.",
      "headings": [
        "北陸銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/hokkaido-bank",
        "regional-banks/hokkoku-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/toyama-bank",
        "regional-banks/toyama-first-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/toyama-bank",
        "https://finwiki.zksc.io/regional-banks/toyama-first-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2985,
      "word_like_tokens": 421,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hokuto-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokuto-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokuto-bank.md",
      "title": "北都銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 荘内銀行 for the same-group merger counterparty, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent フィデアホールディングス page.",
      "headings": [
        "北都銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/akita-bank",
        "regional-banks/fidea-hd",
        "regional-banks/shonai-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/shonai-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2946,
      "word_like_tokens": 443,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hokuyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hokuyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hokuyo-bank.md",
      "title": "北洋銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "北洋銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結）",
        "主要子会社・グループ会社",
        "合併・前身経緯",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "競合環境"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/hokuhoku-fg",
        "regional-banks/jimoto-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3839,
      "word_like_tokens": 691,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/howa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/howa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/howa-bank.md",
      "title": "豊和銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 大分銀行 for the same-prefecture first/second-regional peer / contrast, and against the FSA plus banking for the supervisory / system boundary. License-type context lives in financial licenses.",
      "headings": [
        "豊和銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/oita-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/regional-banks/oita-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2616,
      "word_like_tokens": 382,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hyakugo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hyakugo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hyakugo-bank.md",
      "title": "百五銀行 (Hyakugo Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "百五銀行 (Hyakugo Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社",
        "沿革（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "地盤・競争構造",
        "産業特性",
        "単独経営の戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/hyakujushi-bank",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3036,
      "word_like_tokens": 439,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/hyakujushi-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/hyakujushi-bank.md",
      "title": "百十四銀行 (Hyakujushi Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 伊予銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "百十四銀行 (Hyakujushi Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社",
        "沿革（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "地盤・競争構造",
        "産業特性",
        "TSUBASA アライアンス参加"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/chiba-bank",
        "regional-banks/iyo-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/kagawa-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/tokushima-taisho-bank",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/kagawa-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank",
        "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3340,
      "word_like_tokens": 484,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/ikeda-senshu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ikeda-senshu-bank.md",
      "title": "池田泉州銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 関西みらい銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "池田泉州銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/kiyo-bank",
        "regional-banks/kyoto-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/kiyo-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1935,
      "word_like_tokens": 299,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/ikeda-senshu-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ikeda-senshu-hd.md",
      "title": "池田泉州ホールディングス",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 京都フィナンシャルグループ for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "池田泉州ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結ベース）",
        "主要子会社・組織",
        "合併経緯・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "戦略軸"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hirogin-hd",
        "regional-banks/kyoto-fg",
        "regional-banks/shizuoka-fg",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5836,
      "word_like_tokens": 1007,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/iwate-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/iwate-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/iwate-bank.md",
      "title": "株式会社岩手銀行 (The Bank of Iwate)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社岩手銀行 (The Bank of Iwate)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/akita-bank",
        "regional-banks/fidea-hd",
        "regional-banks/proclair-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/akita-bank",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/proclair-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2214,
      "word_like_tokens": 366,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/iyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/iyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/iyo-bank.md",
      "title": "伊予銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 愛媛銀行 for the same-prefecture first/second-regional peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Group context lives in the parent いよぎんホールディングス page.",
      "headings": [
        "伊予銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/ehime-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/shikoku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/ehime-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2825,
      "word_like_tokens": 406,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/iyogin-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/iyogin-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/iyogin-hd.md",
      "title": "いよぎん HD (Iyogin Holdings)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 伊予銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "いよぎん HD (Iyogin Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社 (公開情報)",
        "2. 沿革",
        "3. 事業セグメント・マップ",
        "地域基盤",
        "デジタル戦略",
        "競争マップ (四国 4 県)"
      ],
      "wikilinks": [
        "banking/INDEX",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/ehime-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/kagawa-bank",
        "regional-banks/kochi-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/tokushima-taisho-bank",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/ehime-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/kagawa-bank",
        "https://finwiki.zksc.io/regional-banks/kochi-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank",
        "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3294,
      "word_like_tokens": 502,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/japan-post-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/japan-post-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/japan-post-bank.md",
      "title": "Japan Post Bank (株式会社ゆうちょ銀行 / 7182) operating profile",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "regional-banks/yucho",
      "summary": "This entry sits under regional-banks INDEX as the operating-profile companion to the entity anchor at ゆうちょ銀行 (Japan Post Bank) entity anchor. Read it against MUFG · SMFG · Mizuho FG for the megabank-asset-class peer comparison, against りそなホールディングス for the listed non-megabank universal-bank peer, aga",
      "headings": [
        "Japan Post Bank (株式会社ゆうちょ銀行 / 7182) operating profile",
        "Wiki route",
        "1. Group and ownership position",
        "Three-bank parent chain (post-IPO)",
        "Reference timeline",
        "Asset-side: deposit-funded but not loan-led",
        "Why no big loan book",
        "Securities portfolio — the policy-rate-exposure problem",
        "How the post-office counter actually works",
        "Why the agency model both anchors and constrains the franchise"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/au-jibun-bank",
        "banking/cooperative-banking-japan",
        "banking/japan-banking-license-tier-comparison-matrix",
        "banking/japan-net-bank-competition-map",
        "banking/paypay-bank",
        "banking/post-megabank-positioning",
        "banking/rakuten-bank",
        "life-insurers/kanpo-life",
        "megabanks/japan-post",
        "megabanks/japan-post-holdings",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "policy-finance/japan-policy-finance-system",
        "regional-banks/INDEX",
        "regional-banks/ssnb",
        "regional-banks/yucho"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/au-jibun-bank",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/banking/japan-net-bank-competition-map",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/megabanks/japan-post-holdings",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/regional-banks/yucho"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13165,
      "word_like_tokens": 2200,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "regional-banks/jimoto-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/jimoto-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/jimoto-hd.md",
      "title": "じもとホールディングス (JIMOTO HD)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "じもとホールディングス (JIMOTO HD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "グループ構造",
        "連結決算（公開ベース）^[extracted]",
        "主要株主（2024-06-20 以降）^[extracted]",
        "沿革年表 ^[extracted]",
        "前身銀行詳細",
        "経営戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-licenses/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5545,
      "word_like_tokens": 1012,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/joyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/joyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/joyo-bank.md",
      "title": "株式会社常陽銀行 (Joyo Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 足利銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社常陽銀行 (Joyo Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2. 事業セグメント・マップ",
        "3. 戦略・競争",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/ashikaga-bank",
        "regional-banks/chiba-bank",
        "regional-banks/mebuki-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2186,
      "word_like_tokens": 366,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/juroku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/juroku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/juroku-bank.md",
      "title": "十六銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 名古屋銀行 for the same Chukyo-area peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "十六銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/aichi-bank",
        "regional-banks/juroku-fg",
        "regional-banks/nagoya-bank",
        "regional-banks/ogaki-kyoritsu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/nagoya-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2682,
      "word_like_tokens": 391,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/juroku-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/juroku-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/juroku-fg.md",
      "title": "十六 FG (Juroku Financial Group)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "十六 FG (Juroku Financial Group)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社",
        "旧 十六銀行系 (源流)",
        "持株会社化",
        "周辺関係",
        "3. 事業セグメント・マップ",
        "地理ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mufg",
        "regional-banks/INDEX",
        "regional-banks/aichi-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hokuhoku-fg",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/san-jusan-fg",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4363,
      "word_like_tokens": 666,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "regional-banks/kagawa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kagawa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kagawa-bank.md",
      "title": "香川銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 百十四銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "香川銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/tokushima-taisho-bank",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2743,
      "word_like_tokens": 402,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kagoshima-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kagoshima-bank.md",
      "title": "鹿児島銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "鹿児島銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/higo-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/miyazaki-bank",
        "regional-banks/oita-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank",
        "https://finwiki.zksc.io/regional-banks/oita-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1967,
      "word_like_tokens": 303,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kanagawa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kanagawa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kanagawa-bank.md",
      "title": "神奈川銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 横浜銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "神奈川銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2522,
      "word_like_tokens": 357,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kansai-mirai-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kansai-mirai-bank.md",
      "title": "関西みらい銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 池田泉州銀行 for the same Osaka / Kansai peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "関西みらい銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "megabanks/resona-bank",
        "megabanks/resona-hd",
        "megabanks/saitama-resona-bank",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/kyoto-bank",
        "regional-banks/minato-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/saitama-resona-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank",
        "https://finwiki.zksc.io/regional-banks/minato-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2781,
      "word_like_tokens": 396,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/keiyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/keiyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/keiyo-bank.md",
      "title": "株式会社京葉銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社京葉銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "概要数値（公開ベース・概数）",
        "沿革（抜粋）",
        "2. 事業セグメント・マップ",
        "千葉県内市場構造",
        "独立路線 — TSUBASA 未参加",
        "中小企業 + 個人ローン特化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/chiba-kogyo-bank",
        "regional-banks/concordia-fg",
        "regional-banks/jimoto-hd",
        "regional-banks/mebuki-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3575,
      "word_like_tokens": 561,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kiraboshi-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kiraboshi-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kiraboshi-bank.md",
      "title": "きらぼし銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 横浜銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "きらぼし銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "banking/ui-bank",
        "regional-banks/INDEX",
        "regional-banks/kiraboshi-fg",
        "regional-banks/tokyo-star-bank",
        "regional-banks/yokohama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/banking/ui-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-fg",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1938,
      "word_like_tokens": 298,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kiraboshi-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/kiraboshi-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kiraboshi-fg.md",
      "title": "東京きらぼし FG (Tokyo Kiraboshi FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京きらぼし FG (Tokyo Kiraboshi FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社 ^[extracted]",
        "重要年表（前身含む統合史）^[extracted]",
        "統合背景：3 行合併の経緯",
        "名称由来",
        "2. 事業セグメント・マップ",
        "「東京特化地銀」モデル"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4120,
      "word_like_tokens": 669,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kirayaka-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kirayaka-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kirayaka-bank.md",
      "title": "きらやか銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 仙台銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "きらやか銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/jimoto-hd",
        "regional-banks/sendai-bank",
        "regional-banks/yamagata-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/sendai-bank",
        "https://finwiki.zksc.io/regional-banks/yamagata-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2012,
      "word_like_tokens": 312,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kita-nippon-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kita-nippon-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kita-nippon-bank.md",
      "title": "北日本銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 岩手銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "北日本銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/iwate-bank",
        "regional-banks/tohoku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/tohoku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2552,
      "word_like_tokens": 365,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kitakyushu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kitakyushu-bank.md",
      "title": "北九州銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 福岡銀行 for the same-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "北九州銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/momiji-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2898,
      "word_like_tokens": 412,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kiyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kiyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kiyo-bank.md",
      "title": "株式会社紀陽銀行 (The Kiyo Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 池田泉州ホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社紀陽銀行 (The Kiyo Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "合併経緯・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "県内地盤戦略",
        "関西経済圏での競合構造",
        "持株会社解散の戦略意義"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "cooperative-banks/norinchukin",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/kyoto-fg",
        "regional-banks/nanto-bank",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/nanto-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5195,
      "word_like_tokens": 806,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kochi-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kochi-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kochi-bank.md",
      "title": "高知銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 四国銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "高知銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/ehime-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/shikoku-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/ehime-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2641,
      "word_like_tokens": 380,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kumamoto-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kumamoto-bank.md",
      "title": "熊本銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 肥後銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "熊本銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/higo-bank",
        "regional-banks/kyushu-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2054,
      "word_like_tokens": 322,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kyoto-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/kyoto-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kyoto-bank.md",
      "title": "京都銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 関西みらい銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "京都銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/kyoto-fg",
        "regional-banks/nanto-bank",
        "regional-banks/shiga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/nanto-bank",
        "https://finwiki.zksc.io/regional-banks/shiga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2016,
      "word_like_tokens": 317,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kyoto-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/kyoto-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kyoto-fg.md",
      "title": "京都フィナンシャルグループ",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 池田泉州ホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "京都フィナンシャルグループ",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結・有価証券報告書ベース）^[extracted]",
        "主要子会社・組織",
        "合併経緯・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "戦略軸"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hirogin-hd",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/shizuoka-fg",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6808,
      "word_like_tokens": 1063,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/kyushu-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/kyushu-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/kyushu-fg.md",
      "title": "九州 FG (Kyushu FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "九州 FG (Kyushu FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表",
        "2. 事業セグメント・マップ",
        "TSMC 関連特需（2022〜2024 の最大トピック）★",
        "地盤戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/higo-bank",
        "regional-banks/kagoshima-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/minami-nippon-bank",
        "regional-banks/miyazaki-bank",
        "regional-banks/nishi-nippon-fhd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/minami-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4112,
      "word_like_tokens": 660,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/lawson-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/lawson-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/lawson-bank.md",
      "title": "ローソン銀行 (Lawson Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against セブン銀行 (Seven Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ローソン銀行 (Lawson Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "重要年表",
        "2. 事業セグメント・マップ",
        "コンビニ ATM 三強構造",
        "KDDI au 経済圏統合可能性",
        "vs セブン銀行（regional-banks/seven-bank）",
        "4. 規制・政策"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/seven-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/seven-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4606,
      "word_like_tokens": 767,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "regional-banks/mebuki-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/mebuki-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/mebuki-fg.md",
      "title": "めぶき FG (Mebuki FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "めぶき FG (Mebuki FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "「メガリージョナルバンクグループ」志向",
        "首都圏進出戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4050,
      "word_like_tokens": 656,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/minami-nippon-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/minami-nippon-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/minami-nippon-bank.md",
      "title": "南日本銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 鹿児島銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "南日本銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/kagoshima-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/miyazaki-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2650,
      "word_like_tokens": 378,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/minato-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/minato-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/minato-bank.md",
      "title": "みなと銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 但馬銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "みなと銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "megabanks/resona-bank",
        "megabanks/resona-hd",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/kyoto-bank",
        "regional-banks/tajima-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/megabanks/resona-bank",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/kyoto-bank",
        "https://finwiki.zksc.io/regional-banks/tajima-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1914,
      "word_like_tokens": 302,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/miyazaki-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/miyazaki-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/miyazaki-bank.md",
      "title": "宮崎銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 宮崎太陽銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "宮崎銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/higo-bank",
        "regional-banks/kagoshima-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/miyazaki-taiyo-bank",
        "regional-banks/oita-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/miyazaki-taiyo-bank",
        "https://finwiki.zksc.io/regional-banks/oita-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2627,
      "word_like_tokens": 373,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/miyazaki-taiyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/miyazaki-taiyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/miyazaki-taiyo-bank.md",
      "title": "宮崎太陽銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 宮崎銀行 for the same-prefecture peer / contrast (second vs first regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "宮崎太陽銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/kagoshima-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/minami-nippon-bank",
        "regional-banks/miyazaki-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/kagoshima-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/minami-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2646,
      "word_like_tokens": 378,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/momiji-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/momiji-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/momiji-bank.md",
      "title": "もみじ銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 広島銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "もみじ銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/chugoku-bank",
        "regional-banks/hirogin-hd",
        "regional-banks/hiroshima-bank",
        "regional-banks/kitakyushu-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2856,
      "word_like_tokens": 406,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/musashino-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/musashino-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/musashino-bank.md",
      "title": "武蔵野銀行 (The Musashino Bank, Ltd.)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "武蔵野銀行 (The Musashino Bank, Ltd.)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "沿革ハイライト ^[extracted]",
        "グループ構造",
        "2. 事業セグメント・マップ",
        "地盤特性 — 埼玉県という商圏",
        "県内競合構造 ★",
        "TSUBASA アライアンス参加（2015〜）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/gunma-bank",
        "regional-banks/hokuhoku-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/gunma-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3019,
      "word_like_tokens": 436,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/nagasaki-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/nagasaki-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/nagasaki-bank.md",
      "title": "長崎銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 西日本シティ銀行 for the same-group peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "長崎銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/nishi-nippon-fhd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2950,
      "word_like_tokens": 434,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/nagoya-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/nagoya-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/nagoya-bank.md",
      "title": "名古屋銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against あいち銀行 for the same Chukyo-area peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "名古屋銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/juroku-bank",
        "regional-banks/ogaki-kyoritsu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2619,
      "word_like_tokens": 379,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/nanto-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/nanto-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/nanto-bank.md",
      "title": "株式会社南都銀行 (The Nanto Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 池田泉州ホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社南都銀行 (The Nanto Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要財務（FY2023、2024-03-31 現在）",
        "主要子会社・持分",
        "合併経緯・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "県内地盤戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/hachijuni-bank",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/kyoto-fg",
        "regional-banks/shizuoka-fg",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5183,
      "word_like_tokens": 805,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/nishi-nippon-city-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/nishi-nippon-city-bank.md",
      "title": "西日本シティ銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 福岡銀行 for the same-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "西日本シティ銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/chikuho-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kitakyushu-bank",
        "regional-banks/nagasaki-bank",
        "regional-banks/nishi-nippon-fhd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chikuho-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/nagasaki-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3018,
      "word_like_tokens": 436,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/nishi-nippon-fhd.md",
      "url": "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/nishi-nippon-fhd.md",
      "title": "西日本 FHD (Nishi-Nippon FHD)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "西日本 FHD (Nishi-Nippon FHD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分 ^[extracted]",
        "合併経緯・前身 ^[extracted]",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "福岡 2 大地銀構造",
        "法人融資強化"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-chuo-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/higo-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/nagasaki-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/oita-bank",
        "regional-banks/saga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/nagasaki-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/oita-bank",
        "https://finwiki.zksc.io/regional-banks/saga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4451,
      "word_like_tokens": 676,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/ogaki-kyoritsu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ogaki-kyoritsu-bank.md",
      "title": "大垣共立銀行 (OKB)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "大垣共立銀行 (OKB)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要数値 (2025年3月末・連結)",
        "グループ構造",
        "重要年表 (抜粋) ^[extracted]",
        "2. 事業セグメント・マップ",
        "「楽しい銀行」ブランディング",
        "「日本一の女性活躍銀行」"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/juroku-fg",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4175,
      "word_like_tokens": 662,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/oita-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/oita-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/oita-bank.md",
      "title": "大分銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 豊和銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "大分銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/higo-bank",
        "regional-banks/howa-bank",
        "regional-banks/miyazaki-bank",
        "regional-banks/saga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/higo-bank",
        "https://finwiki.zksc.io/regional-banks/howa-bank",
        "https://finwiki.zksc.io/regional-banks/miyazaki-bank",
        "https://finwiki.zksc.io/regional-banks/saga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2604,
      "word_like_tokens": 379,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/okinawa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/okinawa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/okinawa-bank.md",
      "title": "沖縄銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 福岡銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "沖縄銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-kaiho-bank",
        "regional-banks/ryukyu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank",
        "https://finwiki.zksc.io/regional-banks/ryukyu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1928,
      "word_like_tokens": 302,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/okinawa-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/okinawa-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/okinawa-fg.md",
      "title": "おきなわ FG (Okinawa FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 株式会社琉球銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "おきなわ FG (Okinawa FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "2025-03 期決算（連結）",
        "主要株主（2022-03-31 時点・公開）",
        "主要子会社・持分",
        "沖縄銀行 前身・合併歴",
        "重要年表",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/kyushu-fg",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/okinawa-bank",
        "regional-banks/okinawa-kaiho-bank",
        "regional-banks/ryukyu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/regional-banks/okinawa-bank",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank",
        "https://finwiki.zksc.io/regional-banks/ryukyu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6994,
      "word_like_tokens": 1291,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "regional-banks/okinawa-kaiho-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/okinawa-kaiho-bank.md",
      "title": "株式会社沖縄海邦銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社沖縄海邦銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "設立から普通銀行転換までの沿革",
        "沖縄県内 3 行寡占構造での位置",
        "主要子会社・関連会社（公開情報の概要）",
        "2. 事業セグメント・マップ",
        "第二地銀ゆえの戦略テーマ",
        "沖縄経済特性との連動"
      ],
      "wikilinks": [
        "banking/INDEX",
        "financial-regulators/okinawa-shinko",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/jimoto-hd",
        "regional-banks/okinawa-fg",
        "regional-banks/ryukyu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/okinawa-shinko",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/ryukyu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5000,
      "word_like_tokens": 722,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/proclair-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/proclair-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/proclair-hd.md",
      "title": "プロクレアホールディングス (ProCrea HD)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "プロクレアホールディングス (ProCrea HD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社（統合直後の構造）",
        "統合の経緯（重要）",
        "青森銀行 系譜",
        "みちのく銀行 系譜",
        "3. 事業セグメント・マップ",
        "統合シナジー"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4625,
      "word_like_tokens": 695,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/ryukyu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ryukyu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ryukyu-bank.md",
      "title": "株式会社琉球銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against おきなわ FG (Okinawa FG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社琉球銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "設立の特殊性",
        "主要子会社・関連会社（概要）",
        "2. 事業セグメント・マップ",
        "中期経営計画（直近）",
        "競合構造（沖縄県内）",
        "沖縄経済との連動"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/okinawa-fg",
        "regional-banks/okinawa-kaiho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/okinawa-fg",
        "https://finwiki.zksc.io/regional-banks/okinawa-kaiho-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3635,
      "word_like_tokens": 505,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/saga-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/saga-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/saga-bank.md",
      "title": "佐賀銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 十八親和銀行 for the adjacent-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "佐賀銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/nishi-nippon-fhd",
        "regional-banks/oita-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/regional-banks/oita-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2703,
      "word_like_tokens": 394,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/saga-kyoei-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/saga-kyoei-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/saga-kyoei-bank.md",
      "title": "佐賀共栄銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "佐賀共栄銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/saga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/saga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1841,
      "word_like_tokens": 290,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/saikyo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/saikyo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/saikyo-bank.md",
      "title": "西京銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against もみじ銀行 for the adjacent YMFG-group peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "西京銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Regulatory & system positioning",
        "4. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "financial-regulators/zenginkyo",
        "regional-banks/INDEX",
        "regional-banks/hiroshima-bank",
        "regional-banks/kitakyushu-bank",
        "regional-banks/momiji-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/zenginkyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2798,
      "word_like_tokens": 403,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/san-in-godo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/san-in-godo-bank.md",
      "title": "山陰合同銀行 (San-in Godo Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 鳥取銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "山陰合同銀行 (San-in Godo Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "合併歴史・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "地理戦略",
        "競合関係",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chugin-okayama",
        "regional-banks/hirogin-hd",
        "regional-banks/shimane-bank",
        "regional-banks/tottori-bank",
        "regional-banks/yamaguchi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugin-okayama",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/shimane-bank",
        "https://finwiki.zksc.io/regional-banks/tottori-bank",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3640,
      "word_like_tokens": 558,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/san-jusan-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/san-jusan-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/san-jusan-bank.md",
      "title": "三十三銀行 (San ju San Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the regional-banks INDEX as the bank-license operating-company anchor for the 三十三 FG holding-company route. Read it against the 百五銀行 in-prefecture rival and the 十六銀行 / あいち銀行 Chubu peer banks, and against the regional-bank consolidation pattern for the broader system / regulator",
      "headings": [
        "三十三銀行 (San ju San Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "旧 第三銀行系譜",
        "旧 三重銀行系譜",
        "経営統合プロセス",
        "4. KPI table (FY2025.3)",
        "5. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/zenchugin-kyo",
        "regional-banks/INDEX",
        "regional-banks/aichi-bank",
        "regional-banks/aichi-fg",
        "regional-banks/hyakugo-bank",
        "regional-banks/juroku-bank",
        "regional-banks/juroku-fg",
        "regional-banks/kyoto-fg",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/zenchugin-kyo",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aichi-bank",
        "https://finwiki.zksc.io/regional-banks/aichi-fg",
        "https://finwiki.zksc.io/regional-banks/hyakugo-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5169,
      "word_like_tokens": 887,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/san-jusan-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/san-jusan-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/san-jusan-fg.md",
      "title": "三十三 FG (San ju San Financial Group)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "三十三 FG (San ju San Financial Group)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社",
        "旧 第三銀行系",
        "旧 三重銀行系",
        "統合",
        "3. 事業セグメント・マップ",
        "地理ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mufg",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-fg",
        "regional-banks/hyakugo-bank",
        "regional-banks/juroku-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hyakugo-bank",
        "https://finwiki.zksc.io/regional-banks/juroku-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2627,
      "word_like_tokens": 434,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/sbi-shinsei-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/sbi-shinsei-bank.md",
      "title": "SBI 新生銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against あおぞら銀行 (Aozora Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SBI 新生銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態の特殊性 ^[extracted]",
        "主要子会社（連結）",
        "重要年表（抜粋）^[extracted]",
        "公的資金未返済問題 ^[extracted]",
        "2. 事業セグメント・マップ",
        "「第 4 のメガバンク構想」"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/aozora-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aozora-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4057,
      "word_like_tokens": 674,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/sbj-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/sbj-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/sbj-bank.md",
      "title": "SBJ銀行 (Shinhan Bank Japan)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 三菱UFJ信託銀行 (MUTB) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "SBJ銀行 (Shinhan Bank Japan)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/hsbc-japan",
        "foreign-financial-institutions/korea-development-bank-japan",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/woori-bank-japan",
        "regional-banks/INDEX",
        "regional-banks/tokyo-star-bank",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/hsbc-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/korea-development-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/woori-bank-japan",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2901,
      "word_like_tokens": 462,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "regional-banks/sendai-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/sendai-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/sendai-bank.md",
      "title": "仙台銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against きらやか銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "仙台銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/jimoto-hd",
        "regional-banks/kirayaka-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/kirayaka-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1928,
      "word_like_tokens": 301,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/seven-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/seven-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/seven-bank.md",
      "title": "セブン銀行 (Seven Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ローソン銀行 (Lawson Bank) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "セブン銀行 (Seven Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・グループ ^[extracted]",
        "株主構造",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "収益モデル（B2B2C）",
        "コアプラットフォーム戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "card-issuers/aeon-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/lawson-bank",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5452,
      "word_like_tokens": 941,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/shiga-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shiga-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shiga-bank.md",
      "title": "株式会社滋賀銀行 (The Shiga Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 池田泉州ホールディングス for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社滋賀銀行 (The Shiga Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要財務（第138期 / FY2024、2025-03-31 現在）",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "ESG リーダー戦略 ★"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/hachijuni-bank",
        "regional-banks/ikeda-senshu-hd",
        "regional-banks/juroku-fg",
        "regional-banks/kyoto-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/nanto-bank",
        "regional-banks/ogaki-kyoritsu-bank",
        "regional-banks/san-jusan-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hachijuni-bank",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-hd",
        "https://finwiki.zksc.io/regional-banks/juroku-fg",
        "https://finwiki.zksc.io/regional-banks/kyoto-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/nanto-bank",
        "https://finwiki.zksc.io/regional-banks/ogaki-kyoritsu-bank",
        "https://finwiki.zksc.io/regional-banks/san-jusan-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6789,
      "word_like_tokens": 1064,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/shikoku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shikoku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shikoku-bank.md",
      "title": "四国銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 高知銀行 for the same-prefecture peer / contrast (first vs second regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "四国銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/kochi-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/kochi-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2427,
      "word_like_tokens": 368,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/shimane-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shimane-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shimane-bank.md",
      "title": "島根銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against もみじ銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "島根銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "megabanks/sbi-hd",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/momiji-bank",
        "regional-banks/san-in-godo-bank",
        "regional-banks/tottori-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
        "https://finwiki.zksc.io/regional-banks/tottori-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2028,
      "word_like_tokens": 322,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/shimizu-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shimizu-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shimizu-bank.md",
      "title": "清水銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 静岡銀行 for the same-prefecture peer / contrast (county-leader vs smaller 地銀), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "清水銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/shizuoka-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/suruga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/suruga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2613,
      "word_like_tokens": 391,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/shizuoka-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shizuoka-bank.md",
      "title": "静岡銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 清水銀行 and スルガ銀行 for same-prefecture peer / contrast, and against the FSA plus banking for the supervisory / system boundary. The group-strategy view lives on 静岡フィナンシャルグループ.",
      "headings": [
        "静岡銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/shizuoka-fg",
        "regional-banks/suruga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/suruga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2670,
      "word_like_tokens": 393,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/shizuoka-chuo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shizuoka-chuo-bank.md",
      "title": "静岡中央銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 静岡銀行 for the same-prefecture first-regional-bank peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "静岡中央銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/kanagawa-bank",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-bank",
        "regional-banks/suruga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/kanagawa-bank",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
        "https://finwiki.zksc.io/regional-banks/suruga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2488,
      "word_like_tokens": 355,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/shizuoka-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shizuoka-fg.md",
      "title": "しずおか FG (Shizuoka FG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "しずおか FG (Shizuoka FG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "県内地盤戦略",
        "海外戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/minna-bank-baas-model",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/suruga-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/suruga-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4041,
      "word_like_tokens": 629,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/shonai-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/shonai-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/shonai-bank.md",
      "title": "荘内銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北都銀行 for the same-group peer / contrast (the planned merger counterparty) and 山形銀行 for the same-prefecture rival, and against the FSA plus banking for the supervisory / system boundary. The holding-company view lives on フ",
      "headings": [
        "荘内銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Registry / boundary note",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/hokuto-bank",
        "regional-banks/yamagata-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/hokuto-bank",
        "https://finwiki.zksc.io/regional-banks/yamagata-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2937,
      "word_like_tokens": 456,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/sony-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/sony-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/sony-bank.md",
      "title": "ソニー銀行 (Sony Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 大和ネクスト銀行 for the peer / contrast (asset-formation-led net bank vs payment-led net bank) and against the FSA plus banking for the supervisory / system boundary. The net-bank field as a whole is mapped from banking.",
      "headings": [
        "ソニー銀行 (Sony Bank)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "financial-regulators/fsa",
        "life-insurers/lifenet",
        "megabanks/sony-fg",
        "regional-banks/INDEX",
        "regional-banks/au-jibun-bank",
        "regional-banks/daiwa-next-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/life-insurers/lifenet",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/au-jibun-bank",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2469,
      "word_like_tokens": 390,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/ssjbank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ssjbank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ssjbank.md",
      "title": "ssjbank 誤リンク監査",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 三菱 UFJ FG (MUFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ssjbank 誤リンク監査",
        "Wiki route",
        "TL;DR",
        "判定",
        "Graph repair note",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "megabanks/mufg",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/proclair-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/proclair-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1748,
      "word_like_tokens": 274,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "regional-banks/ssnb.md",
      "url": "https://finwiki.zksc.io/regional-banks/ssnb",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ssnb.md",
      "title": "住信 SBI ネット銀行 (SBI Sumishin Net Bank) → ドコモ SMTB ネット銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against GMO あおぞらネット銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "住信 SBI ネット銀行 (SBI Sumishin Net Bank) → ドコモ SMTB ネット銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "数値（FY2024 = 2025-03 期、連結ベース）",
        "資本関係の変遷",
        "重要年表",
        "2. 事業セグメント・マップ",
        "NEOBANK サービス（BaaS）一覧",
        "親会社入替の戦略含意（2025）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/mercari-bank-license-stack",
        "banking/minna-bank-baas-model",
        "banking/paypay-bank",
        "banking/rakuten-bank",
        "exchanges/jp-crypto-exchange-overview",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/gmo-aozora-net",
        "regional-banks/INDEX",
        "regional-banks/sbi-shinsei-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/mercari-bank-license-stack",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/banking/rakuten-bank",
        "https://finwiki.zksc.io/exchanges/jp-crypto-exchange-overview",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6389,
      "word_like_tokens": 1231,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/suruga-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/suruga-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/suruga-bank.md",
      "title": "スルガ銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "スルガ銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主（直近 公開ベース）^[extracted]",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "信頼回復フェーズの戦略",
        "競合関係",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/paypay-fg",
        "megabanks/smfg",
        "megabanks/sony-fg",
        "regional-banks/INDEX",
        "regional-banks/aozora-bank",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "regional-banks/sbi-shinsei-bank",
        "regional-banks/shimizu-bank",
        "regional-banks/shizuoka-bank",
        "regional-banks/shizuoka-chuo-bank",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sony-fg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/aozora-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/regional-banks/shimizu-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-chuo-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4305,
      "word_like_tokens": 638,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/taiko-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/taiko-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/taiko-bank.md",
      "title": "大光銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it with banking index for adjacent context and JapanFG index for the broader system boundary.",
      "headings": [
        "大光銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-licenses/INDEX",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/dai-shi-hokuetsu-fg",
        "regional-banks/daishi-hokuetsu-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/dai-shi-hokuetsu-fg",
        "https://finwiki.zksc.io/regional-banks/daishi-hokuetsu-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1883,
      "word_like_tokens": 299,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/tajima-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tajima-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tajima-bank.md",
      "title": "但馬銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against みなと銀行 for the same-prefecture peer / contrast (Hyogo first-regional-bank vs second-regional-bank) and 関西みらい銀行 for the larger Kansai-group rival, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "但馬銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/ikeda-senshu-bank",
        "regional-banks/kansai-mirai-bank",
        "regional-banks/minato-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ikeda-senshu-bank",
        "https://finwiki.zksc.io/regional-banks/kansai-mirai-bank",
        "https://finwiki.zksc.io/regional-banks/minato-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2374,
      "word_like_tokens": 361,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/tochigi-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tochigi-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tochigi-bank.md",
      "title": "栃木銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 東京スター銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "栃木銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/ashikaga-bank",
        "regional-banks/mebuki-fg",
        "regional-banks/tokyo-star-bank",
        "regional-banks/towa-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
        "https://finwiki.zksc.io/regional-banks/towa-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1855,
      "word_like_tokens": 290,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/toho-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/toho-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/toho-bank.md",
      "title": "東邦銀行 (Toho Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東邦銀行 (Toho Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態の特徴",
        "主要関連会社 ^[extracted]",
        "戦時統合期: 一県一行政策下の発足",
        "戦後〜バブル期",
        "東日本大震災 + 原発事故(最重要)★",
        "地理的地盤"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-regional-bank-hd",
        "megabanks/smfg",
        "regional-banks/77-bank",
        "regional-banks/INDEX",
        "regional-banks/chiba-bank",
        "regional-banks/fidea-hd",
        "regional-banks/jimoto-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/proclair-hd",
        "regional-banks/shizuoka-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/proclair-hd",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4807,
      "word_like_tokens": 735,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/tohoku-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tohoku-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tohoku-bank.md",
      "title": "東北銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 岩手銀行 for the same-prefecture peer / contrast (Iwate lead regional bank vs second channel) and 北日本銀行 for the same-prefecture second-regional bank, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "東北銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Boundary note",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/iwate-bank",
        "regional-banks/kita-nippon-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/iwate-bank",
        "https://finwiki.zksc.io/regional-banks/kita-nippon-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2573,
      "word_like_tokens": 391,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/tokushima-taisho-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tokushima-taisho-bank.md",
      "title": "徳島大正銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 阿波銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "徳島大正銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/hyakujushi-bank",
        "regional-banks/kagawa-bank",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/kagawa-bank",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2043,
      "word_like_tokens": 318,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/tokyo-star-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tokyo-star-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tokyo-star-bank.md",
      "title": "東京スター銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 神奈川銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東京スター銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "regional-banks/INDEX",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/kanagawa-bank",
        "regional-banks/kiraboshi-bank",
        "regional-banks/sbj-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/kanagawa-bank",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-bank",
        "https://finwiki.zksc.io/regional-banks/sbj-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2012,
      "word_like_tokens": 322,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/tomato-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tomato-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tomato-bank.md",
      "title": "トマト銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 中国銀行 for the same-prefecture peer / contrast (Okayama first-regional bank vs second-regional bank), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "トマト銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/chugin-okayama",
        "regional-banks/chugoku-bank",
        "regional-banks/hiroshima-bank",
        "regional-banks/tottori-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugin-okayama",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/tottori-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2428,
      "word_like_tokens": 357,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/tomony-hd.md",
      "url": "https://finwiki.zksc.io/regional-banks/tomony-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tomony-hd.md",
      "title": "トモニホールディングス (Tomony HD)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "トモニホールディングス (Tomony HD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併歴史・前身 ^[extracted]",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "クロス地盤戦略",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/awa-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hyakujushi-bank",
        "regional-banks/iyo-bank",
        "regional-banks/iyogin-hd",
        "regional-banks/kagawa-bank",
        "regional-banks/shikoku-bank",
        "regional-banks/tokushima-taisho-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/awa-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hyakujushi-bank",
        "https://finwiki.zksc.io/regional-banks/iyo-bank",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/kagawa-bank",
        "https://finwiki.zksc.io/regional-banks/shikoku-bank",
        "https://finwiki.zksc.io/regional-banks/tokushima-taisho-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3936,
      "word_like_tokens": 648,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/tottori-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tottori-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tottori-bank.md",
      "title": "鳥取銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 山陰合同銀行 for the same-region peer / contrast (the larger 山陰 regional bank) and トマト銀行 for a neighbouring second-regional bank, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "鳥取銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/chugoku-bank",
        "regional-banks/hiroshima-bank",
        "regional-banks/san-in-godo-bank",
        "regional-banks/tomato-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/chugoku-bank",
        "https://finwiki.zksc.io/regional-banks/hiroshima-bank",
        "https://finwiki.zksc.io/regional-banks/san-in-godo-bank",
        "https://finwiki.zksc.io/regional-banks/tomato-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2408,
      "word_like_tokens": 368,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/towa-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/towa-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/towa-bank.md",
      "title": "東和銀行 (The Towa Bank, Ltd.)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against じもとホールディングス (JIMOTO HD) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "東和銀行 (The Towa Bank, Ltd.)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株会社化していない論点",
        "関連事業・子会社 ^[likely]",
        "沿革年表 ^[extracted]",
        "業態変遷の系譜",
        "3. 事業セグメント・マップ",
        "営業エリア地理"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/gunma-bank",
        "regional-banks/jimoto-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/proclair-hd",
        "regional-banks/tomony-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/gunma-bank",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/proclair-hd",
        "https://finwiki.zksc.io/regional-banks/tomony-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4474,
      "word_like_tokens": 655,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/toyama-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/toyama-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/toyama-bank.md",
      "title": "富山銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 北陸銀行 for the dominant in-prefecture peer / contrast and 富山第一銀行 for the same-prefecture second-regional bank, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "富山銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank",
        "regional-banks/toyama-first-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/toyama-first-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2437,
      "word_like_tokens": 367,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/toyama-first-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/toyama-first-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/toyama-first-bank.md",
      "title": "富山第一銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 富山銀行 for the same-prefecture peer / contrast (first vs second regional bank) and 北陸銀行 for the dominant in-prefecture bank, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "富山第一銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/hokkoku-bank",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank",
        "regional-banks/toyama-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hokkoku-bank",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/toyama-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2543,
      "word_like_tokens": 378,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/tsukuba-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/tsukuba-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/tsukuba-bank.md",
      "title": "筑波銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 常陽銀行 for the same-prefecture peer / contrast (Ibaraki lead regional bank vs second channel), and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "筑波銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "megabanks/sbi-regional-bank-hd",
        "regional-banks/INDEX",
        "regional-banks/joyo-bank",
        "regional-banks/mebuki-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/sbi-regional-bank-hd",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2397,
      "word_like_tokens": 364,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/ui-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/ui-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/ui-bank.md",
      "title": "UI銀行 (UI Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 01銀行 and みんなの銀行 for the peer / contrast (regional-group-launched digital banks), and against the FSA plus banking for the supervisory / system boundary. The parent group view lives on 東京きらぼしフィナンシャルグループ.",
      "headings": [
        "UI銀行 (UI Bank)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. Business role",
        "3. Why standalone page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/baas-japan-landscape",
        "banking/minna-bank-baas-model",
        "financial-regulators/fsa",
        "regional-banks/01-bank",
        "regional-banks/INDEX",
        "regional-banks/kiraboshi-bank",
        "regional-banks/kiraboshi-fg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/baas-japan-landscape",
        "https://finwiki.zksc.io/banking/minna-bank-baas-model",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/01-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-bank",
        "https://finwiki.zksc.io/regional-banks/kiraboshi-fg"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2431,
      "word_like_tokens": 400,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/yamagata-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/yamagata-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/yamagata-bank.md",
      "title": "株式会社山形銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against フィデア HD (Fidea Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "株式会社山形銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "FY2024 (2025-03 期) 決算 (公表ベース・連結) ^[likely]",
        "主要株主 (^[likely]、地方銀行の典型構成)",
        "グループ・関連会社",
        "重要年表 (公開情報) ^[extracted]",
        "2. 事業セグメント・マップ",
        "競合構図 (山形県・東北地区)"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/fidea-hd",
        "regional-banks/jimoto-hd",
        "regional-banks/sbi-shinsei-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fidea-hd",
        "https://finwiki.zksc.io/regional-banks/jimoto-hd",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4217,
      "word_like_tokens": 625,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/yamaguchi-fg.md",
      "url": "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/yamaguchi-fg.md",
      "title": "山口 FG (YMFG)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against ふくおか FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "山口 FG (YMFG)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・持分",
        "合併歴史・前身",
        "重要年表",
        "2. 事業セグメント・マップ",
        "「YMFG ZONE プランニング」3 行体制",
        "山陽・関門海峡経済圏"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/resona-hd",
        "megabanks/smfg",
        "regional-banks/18-shinwa-bank",
        "regional-banks/INDEX",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/kitakyushu-bank",
        "regional-banks/kumamoto-bank",
        "regional-banks/momiji-bank",
        "regional-banks/saikyo-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/kitakyushu-bank",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/momiji-bank",
        "https://finwiki.zksc.io/regional-banks/saikyo-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3846,
      "word_like_tokens": 591,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/yamanashi-chuo-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/yamanashi-chuo-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/yamanashi-chuo-bank.md",
      "title": "山梨中央銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX (its domain route). Read it against 八十二銀行 and 静岡銀行 for neighbouring central-Japan peer / contrast, and against the FSA plus banking for the supervisory / system boundary.",
      "headings": [
        "山梨中央銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/fsa",
        "regional-banks/INDEX",
        "regional-banks/hachijuni-nagano-bank",
        "regional-banks/shizuoka-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/hachijuni-nagano-bank",
        "https://finwiki.zksc.io/regional-banks/shizuoka-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2404,
      "word_like_tokens": 360,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "regional-banks/yokohama-bank.md",
      "url": "https://finwiki.zksc.io/regional-banks/yokohama-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/yokohama-bank.md",
      "title": "横浜銀行",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against 東日本銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "横浜銀行",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "regional-banks/INDEX",
        "regional-banks/concordia-fg",
        "regional-banks/higashi-nippon-bank",
        "regional-banks/kanagawa-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/higashi-nippon-bank",
        "https://finwiki.zksc.io/regional-banks/kanagawa-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1915,
      "word_like_tokens": 301,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "regional-banks/yucho.md",
      "url": "https://finwiki.zksc.io/regional-banks/yucho",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/regional-banks/yucho.md",
      "title": "ゆうちょ銀行 (Japan Post Bank)",
      "domain": "regional-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under regional-banks INDEX. Read it against りそなホールディングス (Resona Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "ゆうちょ銀行 (Japan Post Bank)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要数値（公開ベース・2025-03-31 実績）",
        "親会社・グループ構造",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "デジタル戦略",
        "提携・買収戦略"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/INDEX",
        "regional-banks/japan-post-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4510,
      "word_like_tokens": 723,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "releases/v2026.05.20-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-2.md",
      "title": "v2026.05.20-2 Release運用ルール更新",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、FinWiki の GitHub Release 運用を明確化するための更新 snapshot です。 主な変更は、Release title を日本語のみにすること、および 今後すべての push で README / CHANGELOG / Releases を同時更新することです。",
      "headings": [
        "v2026.05.20-2 Release運用ルール更新",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳",
        "概要"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1997,
      "word_like_tokens": 336,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-3.md",
      "title": "v2026.05.20-3 公開面プライバシー監査",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、FinWiki の公開面から個人情報、ローカル環境情報、非公開会話、内部案件由来の内容を取り除くための privacy cleanup snapshot です。",
      "headings": [
        "v2026.05.20-3 公開面プライバシー監査",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳",
        "概要"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2019,
      "word_like_tokens": 336,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-4.md",
      "title": "v2026.05.20-4 GitHub履歴プライバシーrewrite",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、公開 repository 上の個人情報残留リスクを下げるため、FinWiki の Git history と release tags を privacy rewrite した snapshot です。",
      "headings": [
        "v2026.05.20-4 GitHub履歴プライバシーrewrite",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳",
        "概要"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2267,
      "word_like_tokens": 405,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-5.md",
      "title": "v2026.05.20-5 GitHub Pages公開開始",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、FinWiki を GitHub Pages で公開し、finwiki.zksc.io を custom domain として接続した snapshot です。",
      "headings": [
        "v2026.05.20-5 GitHub Pages公開開始",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳",
        "概要"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2338,
      "word_like_tokens": 421,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-6.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-6",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-6.md",
      "title": "v2026.05.20-6 Portalページ英語追加と多言語分離化",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、GitHub Pages のポータルページ（index.html）を更新し、日本語・英語・中国語を完全に分離した上で「日本語、英語、中国語」の順に閲覧できるモダンなセグメントUI（タブ型レイアウト）を構築したスナップショットです。",
      "headings": [
        "v2026.05.20-6 Portalページ英語追加と多言語分離化",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳",
        "概要"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2358,
      "word_like_tokens": 315,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-7.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-7",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-7.md",
      "title": "v2026.05.20-7 README英語セクション追加と多言語ルール（日・英・中）の適用",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、GitHub 上の README に英語の翻訳セクションを追加し、さらにリポジトリ全体のエージェント指示書および運用ルールとして、日本語・英語・中国語の3言語維持および並び順（JP-EN-ZH）を明文化して適用したスナップショットです。",
      "headings": [
        "v2026.05.20-7 README英語セクション追加と多言語ルール（日・英・中）の適用",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "English 🌐",
        "Overview",
        "Scope",
        "Major Changes"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2364,
      "word_like_tokens": 351,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-8.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-8",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-8.md",
      "title": "v2026.05.20-8 GitHub Pages ポータルステータスカードの三言語化",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、GitHub Pages ポータルページ（index.html）の下部にあるステータスカード（キー指標）を更新し、以前の「二言語維持・中国語維持」の表記から、今回制定された「日本語・英語・中国語」の三言語維持および並び順（JP-EN-ZH）に基づいた表記へと完全に同期・刷新したスナップショットです。",
      "headings": [
        "v2026.05.20-8 GitHub Pages ポータルステータスカードの三言語化",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "English 🌐",
        "Overview",
        "Scope",
        "Major Changes"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2314,
      "word_like_tokens": 331,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20-9.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20-9",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20-9.md",
      "title": "v2026.05.20-9 グローバルヘルスチェックの実施とフロントマターおよび壊れたリンクの修正 / 全局健康检查实施与前置元数据及损坏链接修复",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、知識庫（Wiki）全体の完全な整合性を保証するためのグローバルヘルスチェック（整合性スキャン）を実行し、不整合が検出されたフロントマター（frontmatter）のスキーマ修正、および壊れたウィキリンク（broken wikilinks）の完全な解決を行ったスナップショットです。また、参照関係の欠落を補うために、2つのコアフレームワークに関する新規Wikiページを追加しました。",
      "headings": [
        "v2026.05.20-9 グローバルヘルスチェックの実施とフロントマターおよび壊れたリンクの修正 / 全局健康检查实施与前置元数据及损坏链接修复",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主要変更",
        "検証",
        "English 🌐",
        "Overview",
        "Scope",
        "Major Changes"
      ],
      "wikilinks": [
        "JapanFG",
        "JapanFG/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/JapanFG/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4398,
      "word_like_tokens": 642,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.20.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.20",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.20.md",
      "title": "v2026.05.20 FinWiki 初回公開",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の初回 GitHub Release です。 この release は、金融・フィンテック・暗号資産・日本金融機関を中心とする公開情報ベースの知識ベースを、GitHub 上で参照可能な公開 snapshot として固定するものです。📚💴🧭",
      "headings": [
        "v2026.05.20 FinWiki 初回公開",
        "日本語 🇯🇵",
        "概要",
        "対象範囲",
        "主な内容",
        "この release で固定した運用ルール",
        "検証",
        "既知の注意点",
        "次の作業",
        "中文 🇨🇳"
      ],
      "wikilinks": [
        "wikilink"
      ],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2603,
      "word_like_tokens": 381,
      "last_modified": "2026-05-20"
    },
    {
      "source_path": "releases/v2026.05.21.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.21",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.21.md",
      "title": "日本金融機関拡張と registry-index 同期 2026-05-21/22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、2026-05-21〜22 の日本金融機関・政策金融・協同組織金融・決済・証券 registry 拡張をまとめる公開知識庫 snapshot です。",
      "headings": [
        "日本金融機関拡張と registry-index 同期 2026-05-21/22",
        "日本語",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Release Scope",
        "Major Changes"
      ],
      "wikilinks": [
        "wikilink"
      ],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10596,
      "word_like_tokens": 1691,
      "last_modified": "2026-05-22"
    },
    {
      "source_path": "releases/v2026.05.22-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-2.md",
      "title": "公開ホームページ内容地図更新 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の公開ホームページ index.html を、公開面ルール中心の案内から、wiki 全体の現在の収録内容を説明する内容地図へ更新しました。",
      "headings": [
        "公開ホームページ内容地図更新 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3378,
      "word_like_tokens": 566,
      "last_modified": "2026-05-22"
    },
    {
      "source_path": "releases/v2026.05.22-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-3.md",
      "title": "公開ホームページ言語表現修正 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "公開ホームページと README の日本語・中国語セクションを、英語の列挙ではなく各言語で読める内容地図へ修正しました。",
      "headings": [
        "公開ホームページ言語表現修正 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2651,
      "word_like_tokens": 409,
      "last_modified": "2026-05-22"
    },
    {
      "source_path": "releases/v2026.05.22-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-4.md",
      "title": "公開ホームページ長文紹介拡張 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の公開ホームページを、短い導入と領域一覧だけのページから、人間が初回閲覧で目的・読み方・収録範囲を理解できる長文紹介ページへ拡張しました。",
      "headings": [
        "公開ホームページ長文紹介拡張 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値記録",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3303,
      "word_like_tokens": 561,
      "last_modified": "2026-05-22"
    },
    {
      "source_path": "releases/v2026.05.22-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-5.md",
      "title": "外国銀行 registry-only 解消と信託会社優先度整理 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "外国銀行支店 registry に残っていた 6 行を、公開ソースに基づく短い standalone route として追加し、57 行すべてが standalone / umbrella route を持つ状態にしました。あわせて、信託会社 registry に今後の拡張優先度マップを追加しました。",
      "headings": [
        "外国銀行 registry-only 解消と信託会社優先度整理 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4767,
      "word_like_tokens": 789,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.22-6.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-6",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-6.md",
      "title": "信託会社 Priority A standalone 化 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "信託会社 registry の priority A 6 社を、公開ソースに基づく standalone route として追加しました。これにより、FSA 38-row trust-company registry は 12 rows が standalone / existing group route、26 rows が registry-only という状態になりました。",
      "headings": [
        "信託会社 Priority A standalone 化 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4266,
      "word_like_tokens": 723,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.22-7.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-7",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-7.md",
      "title": "信託会社 Priority B standalone 化 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "信託会社 registry の priority B 7 社を、公開ソースに基づく standalone route として追加しました。FSA 38-row trust-company registry は 19 rows が standalone / existing group route、19 rows が registry-only という状態になりました。",
      "headings": [
        "信託会社 Priority B standalone 化 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
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      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4263,
      "word_like_tokens": 724,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.22-8.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22-8",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22-8.md",
      "title": "信託会社 Priority C 完了 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "信託会社 registry の priority C 19 社を、公開ソースに基づく concise standalone route として追加しました。FSA 38-row trust-company registry は 38 rows すべてが standalone / existing group route を持ち、registry-only rows は 0 になりました。",
      "headings": [
        "信託会社 Priority C 完了 2026-05-22",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
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      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5525,
      "word_like_tokens": 924,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.22.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.22",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.22.md",
      "title": "日本金融 wiki 客観事実拡張 2026-05-22",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "この release は、2026-05-22 の日本金融機関、銀行 / BaaS、決済 license、決済清算・決済 infrastructure、証券 disclosure、security token secondary market、fair disclosure / insider trading、shareholder proposal / AGM voting の公開 wiki 拡張をまとめる snapshot です。",
      "headings": [
        "日本金融 wiki 客観事実拡張 2026-05-22",
        "日本語",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Release Scope",
        "Major Changes"
      ],
      "wikilinks": [
        "finance/japan-fair-disclosure-and-insider-trading-controls",
        "finance/japan-shareholder-proposal-and-agm-voting-route",
        "payments/japan-interchange-and-merchant-fee-stack",
        "payments/japan-payment-clearing-and-settlement-infrastructure",
        "securities/japan-ipo-listing-disclosure-route",
        "securities/japan-security-token-secondary-market-route"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/japan-fair-disclosure-and-insider-trading-controls",
        "https://finwiki.zksc.io/finance/japan-shareholder-proposal-and-agm-voting-route",
        "https://finwiki.zksc.io/payments/japan-interchange-and-merchant-fee-stack",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure",
        "https://finwiki.zksc.io/securities/japan-ipo-listing-disclosure-route",
        "https://finwiki.zksc.io/securities/japan-security-token-secondary-market-route"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7716,
      "word_like_tokens": 1206,
      "last_modified": "2026-05-22"
    },
    {
      "source_path": "releases/v2026.05.23-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.23-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.23-2.md",
      "title": "ホームページ数値サマリー 2026-05-23",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki homepage の FinWiki とは section に、repository scale を説明する quantitative summary を追加しました。Markdown file count、topic-domain count、link-audited entry count、text volume を、初見の読者が wiki の規模を把握しやすい形で表示します。",
      "headings": [
        "ホームページ数値サマリー 2026-05-23",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値サマリー",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4148,
      "word_like_tokens": 700,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.23-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.23-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.23-3.md",
      "title": "ホームページ可読性デザイン改善 2026-05-23",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の公開 homepage を、長文中心の説明ページから、数値カード、短い concept cards、展開式 domain cards を持つ読みやすい入口へ調整しました。既存の公開情報ベースの wiki content は変更せず、トップページの初期表示密度を下げています。",
      "headings": [
        "ホームページ可読性デザイン改善 2026-05-23",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4253,
      "word_like_tokens": 738,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.23-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.23-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.23-4.md",
      "title": "AI 発見性サーフェス追加 2026-05-23",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の homepage は人間向けに読みやすく保ちつつ、AI / crawler が全公開 content を安定して発見・巡回できる machine-readable entry points を追加しました。今後 wiki content、indexes、domain counts、public snapshots を更新するたびに、同じ作業内で AI discovery files も再生成します。",
      "headings": [
        "AI 発見性サーフェス追加 2026-05-23",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
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      "nonspace_chars": 5642,
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      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.23-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.23-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.23-5.md",
      "title": "AI 向け corpus 方針追記 2026-05-23",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の homepage lead と README overview に、homepage は人間が入口を理解するためのものだが、wiki 本文 corpus は AI が読み取り、検索し、引用し、接続するための knowledge graph として設計している、という方針を追記しました。",
      "headings": [
        "AI 向け corpus 方針追記 2026-05-23",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3823,
      "word_like_tokens": 688,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.23.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.23",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.23.md",
      "title": "損害保険特化会社 D9 拡張と CHANGELOG 言語順序修正 2026-05-23",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FSA 損害保険会社一覧の long-tail から、旅行、賃貸住宅、商品特化、外資系 / クロスボーダー文脈を持つ specialty / foreign-affiliated non-life insurers 11 社を、公開ソースに基づく standalone route として追加しました。あわせて、公開 CHANGELOG.md の冒頭と旧作業記録を、日本語、英語、中国語の順に正規化しました。",
      "headings": [
        "損害保険特化会社 D9 拡張と CHANGELOG 言語順序修正 2026-05-23",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7363,
      "word_like_tokens": 1228,
      "last_modified": "2026-05-23"
    },
    {
      "source_path": "releases/v2026.05.24-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.24-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.24-2.md",
      "title": "Wave 3 並列 9 agents 大規模拡張 — 海外 reinsurer / 商社 finance / 業界団体 / 中堅証券 / 4 新 matrix 2026-05-24",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-24 JST 同日 2 回目の release です。Wave 1+2 (v2026.05.24) 公開直後、wave 3 として 10 並列 agent を起動し、46 件新規 entry (JapanFG 42 + insurance 1 + securities 1 + payments 1 + finance 1) を追加しました。Wave 3 の重点は institutional / market-structure ギャップ埋め: 海外 reinsurer + marine P&I、商社系 finance arms、業界団体 / SRO / 統制機構、中堅証券 +",
      "headings": [
        "Wave 3 並列 9 agents 大規模拡張 — 海外 reinsurer / 商社 finance / 業界団体 / 中堅証券 / 4 新 matrix 2026-05-24",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [
        "megabanks/smfg",
        "regional-banks/aichi-bank",
        "smfg"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/aichi-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11945,
      "word_like_tokens": 2231,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "releases/v2026.05.24-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.24-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.24-3.md",
      "title": "Wave 4 並列 10 agents 大規模拡張 — 商社 parent / JA 系統 / 外資保険 / BNPL / 監査法人 / policy-finance + 3 新 matrix 2026-05-24",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-24 JST 同日 3 回目の release です。Wave 3 (v2026.05.24-2) 公開後、wave 4 として 10 並列 agent を起動し、44 件新規 entry + 56 件既存 entry の link-density 強化を一括で実施しました。Wave 4 の重点は institutional 残量 (商社 parent / JA 系統中央会 / 海外保険 / BNPL pure-play / 監査法人 FS practice / policy-finance 残量) + 3 件新規 comparison matrix。",
      "headings": [
        "Wave 4 並列 10 agents 大規模拡張 — 商社 parent / JA 系統 / 外資保険 / BNPL / 監査法人 / policy-finance + 3 新 matrix 2026-05-24",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [
        "banking/regional-bank-consolidation-pattern",
        "insurance/global-solvency-framework-comparison-matrix",
        "payments/japan-payment-scheme-economics-matrix",
        "securities/japan-asset-manager-landscape-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/insurance/global-solvency-framework-comparison-matrix",
        "https://finwiki.zksc.io/payments/japan-payment-scheme-economics-matrix",
        "https://finwiki.zksc.io/securities/japan-asset-manager-landscape-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12991,
      "word_like_tokens": 2425,
      "last_modified": "2026-05-24"
    },
    {
      "source_path": "releases/v2026.05.24.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.24",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.24.md",
      "title": "並列 10 agent × 2 wave 大規模拡張 2026-05-24",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-24 JST の単日 release です。並列 10 agent を 2 wave 連続で稼働させ、ロードマップ ABCDE (backlog 既知 entry / 不足 INDEX / link-density 増強 / 新規 batch / housekeeping) を一括完了しました。合計 54 件の新規 entry、6 件の新規 domain INDEX、~200 件の既存 entry への inline body wikilink 追加、空 placeholder ディレクトリ 6 件の削除、root INDEX / README / index.html / A",
      "headings": [
        "並列 10 agent × 2 wave 大規模拡張 2026-05-24",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [
        "exchanges/global-vasp-regulatory-comparison-matrix",
        "financial-regulators/fsa-supervision-bureau",
        "fintech/global-stablecoin-regulatory-five-pole-matrix",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/v-point-smbc-ccc-case",
        "money-market/tanshi-company-business-model",
        "policy-finance/japan-project-finance-stack-diagram",
        "retail/lawson-kddi-retail-finance",
        "systems/cross-chain-five-pole-comparison-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/global-vasp-regulatory-comparison-matrix",
        "https://finwiki.zksc.io/financial-regulators/fsa-supervision-bureau",
        "https://finwiki.zksc.io/fintech/global-stablecoin-regulatory-five-pole-matrix",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/money-market/tanshi-company-business-model",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13848,
      "word_like_tokens": 2513,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "releases/v2026.05.25-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.25-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.25-2.md",
      "title": "Wave 6 並列 10 agents 跨領域 comparison matrix 25 件一括出荷 — banking 3 / exchanges 5 / payments 3 / securities 2 / insurance 2 / policy-finance 2 / finance 2 / systems 3 / cross-cutting 2 + fintech 1 2026-05-25",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-25 JST 2 回目の release です。Wave 5 (v2026.05.25) 落盤直後、wave 6 として 10 並列 agent を起動し、25 件新規 comparison matrix を一括出荷しました。FinWiki の comparison matrix 在庫は 9 → 34 になり、3.78x 拡張。Wave 6 の戦略意義は「matrix tier が 1100 件超の scattered entity page を strategically queryable にする」: 個別 entity page (機関 X が何か) と aggregat",
      "headings": [
        "Wave 6 並列 10 agents 跨領域 comparison matrix 25 件一括出荷 — banking 3 / exchanges 5 / payments 3 / securities 2 / insurance 2 / policy-finance 2 / finance 2 / systems 3 / cross-cutting 2 + fintech 1 2026-05-25",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 18210,
      "word_like_tokens": 3421,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "releases/v2026.05.25-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.25-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.25-3.md",
      "title": "Wave 7 並列 10 agents 2025-2026 freshness + 規制 reset 40 件 — US crypto reset / stablecoin consolidation / CBDC update / SE Asia + LatAm / agent-economy P1 / embedded wallet / systems 2026 protocol reality 2026-05-25",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-25 JST 3 回目の release です。Wave 6 (v2026.05.25-2) 完了直後、wave 7 として 10 並列 agent を起動し、40 件の 2025-2026 actual-events entries を一括出荷しました (W7-A から W7-J、各 4 件 = 40)。Wave 7 の time-sensitivity は最大: 過去 12 ヶ月の real events (Trump-era SAB 121 repeal / Bitcoin Strategic Reserve EO / Solana Firedancer / ERC-77",
      "headings": [
        "Wave 7 並列 10 agents 2025-2026 freshness + 規制 reset 40 件 — US crypto reset / stablecoin consolidation / CBDC update / SE Asia + LatAm / agent-economy P1 / embedded wallet / systems 2026 protocol reality 2026-05-25",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20929,
      "word_like_tokens": 3869,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "releases/v2026.05.25-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.25-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.25-4.md",
      "title": "Wave 8 並列 10 agents 3 新 domain 一括 greenlight — derivatives × 20 + real-estate-finance × 20 + structured-finance × 20 = 60 件新規 entry + 3 INDEX 2026-05-25",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-25 JST 4 回目の release です。Wave 7 (v2026.05.25-3) 落盤直後、wave 8 として 3 つの new domain (derivatives / real-estate-finance / structured-finance) を greenlight し、各 20 entries × 3 = 60 entries + 3 件 INDEX.md = 63 件新規 file を 10 並列 agent で同時並行出荷しました。FinWiki は「日本金融制度 registry」から「跨資産類 financial knowledge gr",
      "headings": [
        "Wave 8 並列 10 agents 3 新 domain 一括 greenlight — derivatives × 20 + real-estate-finance × 20 + structured-finance × 20 = 60 件新規 entry + 3 INDEX 2026-05-25",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [
        "banking/japan-banking-license-tier-comparison-matrix",
        "securities/japan-vs-global-prime-broker-matrix"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 21632,
      "word_like_tokens": 3756,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "releases/v2026.05.25-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.25-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.25-5.md",
      "title": "Wave 9 5-day cumulative consolidation — 17 INDEX sync + wikilinkaudit + AI discovery regenerate + 5 release notes 2026-05-25",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-25 JST 5 回目 (最終) の release です。Wave 5-8 (v2026.05.25 / -2 / -3 / -4) で 178 件の新 file (50 entries + 25 matrices + 40 freshness + 60 derivatives/RE/SF + 3 INDEX) を投入した直後の consolidation wave。Wave 9 では新 entry を追加せず、infrastructure synchronization に集中:",
      "headings": [
        "Wave 9 5-day cumulative consolidation — 17 INDEX sync + wikilinkaudit + AI discovery regenerate + 5 release notes 2026-05-25",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 20273,
      "word_like_tokens": 4024,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "releases/v2026.05.25.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.25",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.25.md",
      "title": "Wave 5 並列 10 agents 残量収口 — JapanFG 非寿命 / 再保険 / 地方 FG 子会社 / 信用保証協会 / 政策金融 operating / Trust custody / Payments / Securities / Insurance analytical / Finance + 50 件新規 entry 2026-05-25",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-25 JST 1 回目の release です。Wave 4 (v2026.05.24-3) 公開直後、wave 5 として 10 並列 agent を起動し、50 件新規 entry + 8 件 INDEX 更新を一括で実施しました。Wave 5 のテーマは「残量収口」: 単独で立てるほどの量はないが institutional registry として欠かせない 10 領域 (JapanFG 非寿命 specialty / 海外再保険現地法人残量 / 地方 FG 子会社 / 信用保証協会 / 政策金融 operating arm / Trust bank custody o",
      "headings": [
        "Wave 5 並列 10 agents 残量収口 — JapanFG 非寿命 / 再保険 / 地方 FG 子会社 / 信用保証協会 / 政策金融 operating / Trust custody / Payments / Securities / Insurance analytical / Finance + 50 件新規 entry 2026-05-25",
        "日本語",
        "概要",
        "対象範囲",
        "主要変更",
        "数値スナップショット",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English"
      ],
      "wikilinks": [
        "JapanFG/osaka-credit-guarantee-corp",
        "JapanFG/tokyo-credit-guarantee-corp",
        "banking/japan-banking-license-tier-comparison-matrix",
        "cooperative-banks/ja-shinnoren",
        "financial-regulators/jbic",
        "financial-regulators/jfc"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/policy-finance/osaka-credit-guarantee-corp",
        "https://finwiki.zksc.io/policy-finance/tokyo-credit-guarantee-corp",
        "https://finwiki.zksc.io/banking/japan-banking-license-tier-comparison-matrix",
        "https://finwiki.zksc.io/cooperative-banks/ja-shinnoren",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 16172,
      "word_like_tokens": 3037,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "releases/v2026.05.31-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.31-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.31-2.md",
      "title": "公開ルート・カバーホームページ導入",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-31 JST の公開サイト入口更新です。finwiki.zksc.io/ を単純な日本語ページへの redirect から、FinWiki の三語入口、主要領域、現在の翻訳状況、AI discovery surface を一画面で確認できるカバーホームページへ変更しました。",
      "headings": [
        "公開ルート・カバーホームページ導入",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3309,
      "word_like_tokens": 579,
      "last_modified": "2026-05-31"
    },
    {
      "source_path": "releases/v2026.05.31-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.31-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.31-3.md",
      "title": "GPT i18n 翻訳バッチ継続・610/610 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-31 JST の GPT/Codex i18n 継続バッチです。前回の zh/en 483 件から、placeholder verify を通過した訳文だけを公開 i18n surface に追加し、累計を zh 610 / en 610 へ進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・610/610 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3195,
      "word_like_tokens": 579,
      "last_modified": "2026-05-31"
    },
    {
      "source_path": "releases/v2026.05.31.md",
      "url": "https://finwiki.zksc.io/releases/v2026.05.31",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.05.31.md",
      "title": "GPT i18n 翻訳バッチ安全収集・483/483 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-05-31 JST の i18n 翻訳バッチです。ユーザー指示に従い、Sonnet ではなく GPT/Codex worker で site/src/content/i18n/{zh,en}/ の増分機械翻訳を進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ安全収集・483/483 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3774,
      "word_like_tokens": 667,
      "last_modified": "2026-05-31"
    },
    {
      "source_path": "releases/v2026.06.01-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-2.md",
      "title": "GPT i18n 翻訳バッチ継続・883/883 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 継続バッチです。Sonnet ではなく GPT/Codex worker で recovery し、placeholder verify を通過した訳文だけを公開 i18n surface に追加しました。累計は zh 883 / en 883 です。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・883/883 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3497,
      "word_like_tokens": 638,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-3.md",
      "title": "GPT i18n 翻訳バッチ継続・1013/1013 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 継続バッチです。zh/en 883 の release 後、次の 130 source entries を GPT/Codex worker で処理し、累計を zh 1013 / en 1013 へ進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・1013/1013 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3312,
      "word_like_tokens": 631,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-4.md",
      "title": "GPT i18n 翻訳バッチ継続・1143/1143 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 継続バッチです。zh/en 1013 の release 後、次の 130 source entries を GPT/Codex worker で処理し、累計進捗を zh 1143 / en 1143 に進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・1143/1143 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3227,
      "word_like_tokens": 596,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-5.md",
      "title": "GPT i18n 翻訳バッチ継続・1273/1273 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 継続バッチです。zh/en 1143 release 後、次の 130 source entries を GPT/Codex worker で処理し、累計進捗を zh 1273 / en 1273 に進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・1273/1273 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3753,
      "word_like_tokens": 695,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01-6.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-6",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-6.md",
      "title": "GPT i18n 全量完了・1380/1380 と封面ホーム更新",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 最終バッチです。残り 107 source entries を処理し、累計 i18n を zh 1380 / en 1380 まで完了しました。あわせて finwiki.zksc.io のトップページを三語対応の封面ホームページへ更新しました。",
      "headings": [
        "GPT i18n 全量完了・1380/1380 と封面ホーム更新",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3829,
      "word_like_tokens": 675,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01-7.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01-7",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01-7.md",
      "title": "三語語彙品質監査と専門語彙 polish",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の FinWiki 三語 i18n 語彙品質リリースです。GPT/Codex worker を 10 並列で使い、日文原文、簡体中文訳、English 訳の語彙・語調・専門表現を監査し、大学学部水準を超える金融・制度・インフラ語彙へ寄せました。",
      "headings": [
        "三語語彙品質監査と専門語彙 polish",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4655,
      "word_like_tokens": 784,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.01.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.01",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.01.md",
      "title": "GPT i18n 翻訳バッチ継続・740/740 進捗",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-01 JST の GPT/Codex i18n 継続バッチです。前回の zh/en 610 件から、placeholder verify を通過した訳文だけを公開 i18n surface に追加し、累計を zh 740 / en 740 へ進めました。",
      "headings": [
        "GPT i18n 翻訳バッチ継続・740/740 進捗",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3427,
      "word_like_tokens": 622,
      "last_modified": "2026-06-01"
    },
    {
      "source_path": "releases/v2026.06.02-2.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-2",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-2.md",
      "title": "deploy-pages 警告抑制と CI ログ仕上げ",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki CI ログ仕上げリリースです。v2026.06.02 で Node.js 20 runtime annotation は消えましたが、actions/deploy-pages@v5 の内部依存が Node.js 24 上で DEP0040 punycode deprecation warning を出したため、deploy step に限定して抑制しました。",
      "headings": [
        "deploy-pages 警告抑制と CI ログ仕上げ",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3465,
      "word_like_tokens": 627,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-3.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-3",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-3.md",
      "title": "i18n 残存レビュー完了と語彙破損修復",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki i18n 品質仕上げリリースです。全量 zh/en 1380 件完了後に残っていた fidelity: needs_review 54 件を解消し、公開 i18n surface をレビュー残 0 の状態へ戻しました。",
      "headings": [
        "i18n 残存レビュー完了と語彙破損修復",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3068,
      "word_like_tokens": 558,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-4.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-4",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-4.md",
      "title": "Wikiリンク実在性ゲート追加と死リンク修復",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki graph integrity リリースです。本文内 wikilink が存在しない target を指す場合も release-blocking issue として検出するよう、wiki-link audit と CI gate を強化しました。",
      "headings": [
        "Wikiリンク実在性ゲート追加と死リンク修復",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [
        "...",
        "wikilink"
      ],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5334,
      "word_like_tokens": 950,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-5.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-5",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-5.md",
      "title": "Vercel shadow deployment 準備",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki hosting migration 準備リリースです。finwiki.zksc.io の本番配信は GitHub Pages のまま維持し、Vercel ecosystem へ移行するための shadow deployment 設定と静的出力 assembly を追加しました。",
      "headings": [
        "Vercel shadow deployment 準備",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6149,
      "word_like_tokens": 1030,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-6.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-6",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-6.md",
      "title": "Pagefind静的全文検索追加",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki 静的検索追加リリースです。FinWiki は引き続き完全静的サイトとして運用し、データベース、検索 API、外部検索サービスを追加せず、Pagefind による build-time index を /pagefind/* として生成します。",
      "headings": [
        "Pagefind静的全文検索追加",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5589,
      "word_like_tokens": 976,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-7.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-7",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-7.md",
      "title": "Bun工具体系への全面移行",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki root tooling migration release です。Vercel shadow deployment と Pagefind 静的検索を追加した後に残っていた Python / Node .mjs の root tooling entry points を、Bun + TypeScript に統一しました。",
      "headings": [
        "Bun工具体系への全面移行",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5783,
      "word_like_tokens": 996,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02-8.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02-8",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02-8.md",
      "title": "静的サイト構造の第一段階整理",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "FinWiki の静的サイト構造 Phase 1 release です。Astro が root domain corpus を直接読む構造へ移行し、generated mirror と build-time corpus sync への依存を外しました。",
      "headings": [
        "静的サイト構造の第一段階整理",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4615,
      "word_like_tokens": 769,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.02.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.02",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.02.md",
      "title": "CI 警告整理と HTML ID 検証ゲート追加",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "2026-06-02 JST の FinWiki CI 品質リリースです。前回 release の残タスクだった Astro duplicate id warning と GitHub Actions Node.js 20 deprecation annotation を整理しました。",
      "headings": [
        "CI 警告整理と HTML ID 検証ゲート追加",
        "日本語",
        "概要",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Overview"
      ],
      "wikilinks": [],
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      "entity_node": null,
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      "nonspace_chars": 4139,
      "word_like_tokens": 747,
      "last_modified": "2026-06-02"
    },
    {
      "source_path": "releases/v2026.06.03-10.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.03-10",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.03-10.md",
      "title": "開発文書システム docs/ の新設",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "",
      "headings": [
        "開発文書システム docs/ の新設",
        "日本語",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Release Scope",
        "Major Changes"
      ],
      "wikilinks": [],
      "resolved_wikilinks": [],
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      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5040,
      "word_like_tokens": 867,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "releases/v2026.06.03-11.md",
      "url": "https://finwiki.zksc.io/releases/v2026.06.03-11",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/releases/v2026.06.03-11.md",
      "title": "開発進度ドキュメント拡充と canonical_anchor Phase 2 起動",
      "domain": "releases",
      "entry_type": "release_note",
      "canonical_anchor": "",
      "summary": "",
      "headings": [
        "開発進度ドキュメント拡充と canonical_anchor Phase 2 起動",
        "日本語",
        "公開範囲",
        "主要変更",
        "検証結果",
        "既知の注意点",
        "次の作業",
        "English",
        "Release Scope",
        "Major Changes"
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      "wikilinks": [],
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      "entity_node": null,
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      "summary": "This domain routes retail groups when they matter to finance: store traffic, card issuing, prepaid electronic money, loyalty points, ATM networks, retail media, and embedded financial distribution.",
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      "source_path": "retail/aeon-group.md",
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      "summary": "AEON is a retail group whose financial-services value comes from daily-life distribution: supermarkets, malls, credit cards, WAON electronic money, AEON Pay, insurance counters, and Aeon Bank / AEON Financial Service. For FinWiki, AEON is the strongest example of a Japanese retail-to-finance operati",
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      "title": "Japan Retail Economic-Sphere Comparison",
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        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payment-firms/recruit-mufg-business",
        "https://finwiki.zksc.io/payment-firms/seven-payment-service",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/japan-code-payment-competitive-map",
        "https://finwiki.zksc.io/payments/japan-transit-prepaid-suica-pasmo-icoca-economics",
        "https://finwiki.zksc.io/payments/waon-nanaco-retail-prepaid-comparison",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 32320,
      "word_like_tokens": 5435,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "retail/japan-retail-media-finance-loop.md",
      "url": "https://finwiki.zksc.io/retail/japan-retail-media-finance-loop",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/japan-retail-media-finance-loop.md",
      "title": "Japan Retail Media and Finance Data Loop",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry routes from the retail INDEX and explains a convergence the group pages only touch: in Japanese retail-finance ecosystems, retail media (in-store and app advertising), loyalty points, payment, and card data are collapsing into a single data loop. It is the data-and-advertising companion t",
      "headings": [
        "Japan Retail Media and Finance Data Loop",
        "Wiki route",
        "What \"retail media\" means here",
        "The loop",
        "Why finance is inside the loop, not beside it",
        "Governance and boundary notes",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "payments/credit-purchase-card-operators-japan-index",
        "payments/famipay-valucreate-strategy",
        "payments/nanaco-prepaid-seven-i",
        "payments/waon-prepaid-aeon",
        "retail/INDEX",
        "retail/familymart-itochu-financial-integration",
        "retail/japan-retail-economic-sphere-comparison",
        "retail/store-traffic-as-financial-distribution"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/credit-purchase-card-operators-japan-index",
        "https://finwiki.zksc.io/payments/famipay-valucreate-strategy",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/familymart-itochu-financial-integration",
        "https://finwiki.zksc.io/retail/japan-retail-economic-sphere-comparison",
        "https://finwiki.zksc.io/retail/store-traffic-as-financial-distribution"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5485,
      "word_like_tokens": 885,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "retail/lawson-kddi-retail-finance.md",
      "url": "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/lawson-kddi-retail-finance.md",
      "title": "Lawson + KDDI Retail Finance",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "After the February 2024 joint tender offer in which KDDI and Mitsubishi Corp each took 50% of Lawson at ¥10,360 per share, Lawson became a telco-anchored convenience-store finance case rather than a pure trading-house retail asset. For FinWiki, this is the third convenience-store finance model, sitt",
      "headings": [
        "Lawson + KDDI Retail Finance",
        "TL;DR",
        "Ownership and structure",
        "Finance assets in the channel",
        "Comparison with Seven & i and AEON",
        "Why this is a third model, not a copy",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "loyalty/japan-points-landscape",
        "megabanks/au-fh",
        "megabanks/mitsubishi-ufj-bank",
        "payment-firms/au-payment",
        "payments/cashless-jp-landscape",
        "regional-banks/lawson-bank",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [
        "https://www.kddi.com/corporate/newsrelease/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6355,
      "word_like_tokens": 1102,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "retail/lawson-mitsubishi-corporation-tie-up-2024-deep.md",
      "url": "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/lawson-mitsubishi-corporation-tie-up-2024-deep.md",
      "title": "Lawson + Mitsubishi Corporation 2024 take-private deep — KDDI 50/50 tie-up, Ponta deepening, au telco-payment integration",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under retail index as the strategic-restructuring deep dive for the 2024-02 Lawson take-private. It extends Lawson + KDDI retail finance (the structural overview page) with the deal mechanics, the post-private capital structure, and the longer-arc strategic logic of moving a listed C",
      "headings": [
        "Lawson + Mitsubishi Corporation 2024 take-private deep — KDDI 50/50 tie-up, Ponta deepening, au telco-payment integration",
        "Wiki route",
        "TL;DR",
        "Deal mechanics",
        "KDDI side",
        "Mitsubishi Corporation side",
        "Ponta integration deepening",
        "au telco-payment integration",
        "Comparison vs Seven & i HD and FamilyMart-Itochu",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-conglomerates/itochu-corp",
        "financial-conglomerates/mitsubishi-corp",
        "loyalty/au-pay-loyalty-ecosystem-deep",
        "loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "loyalty/japan-points-landscape",
        "loyalty/ponta-points-deep-dive",
        "loyalty/v-point-smbc-ccc-case",
        "megabanks/au-fh",
        "payment-firms/au-payment",
        "payments/cashless-jp-landscape",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "regional-banks/lawson-bank",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/familymart-itochu-financial-integration",
        "retail/japan-retail-financial-distribution-wedge-matrix",
        "retail/lawson-kddi-retail-finance",
        "retail/seven-and-i-hd",
        "retail/seven-i-holdings-finance-deep-dive",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/mitsubishi-corp-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/itochu-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/loyalty/au-pay-loyalty-ecosystem-deep",
        "https://finwiki.zksc.io/loyalty/d-point-au-kddi-docomo-telco-point-consolidation",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/jal-mileage-bank-vs-ana-mileage-club-comparison",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/payment-firms/au-payment",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/familymart-itochu-financial-integration",
        "https://finwiki.zksc.io/retail/japan-retail-financial-distribution-wedge-matrix",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/seven-and-i-hd",
        "https://finwiki.zksc.io/retail/seven-i-holdings-finance-deep-dive",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 13380,
      "word_like_tokens": 2196,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "retail/seven-and-i-hd.md",
      "url": "https://finwiki.zksc.io/retail/seven-and-i-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/seven-and-i-hd.md",
      "title": "Seven & i Holdings",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Seven & i is a convenience-store-centered retail platform whose finance stack is anchored by Seven Bank ATM infrastructure, Seven Card Service, and nanaco. In JapanFG terms, Seven & i is less a universal financial group and more a retail infrastructure owner: high-frequency convenience-store traffic",
      "headings": [
        "Seven & i Holdings",
        "TL;DR",
        "Structure",
        "Financial-Services Model",
        "Key Financial Assets",
        "Competitive Position",
        "Regulatory / Legal Reading",
        "Strategic Reading",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "loyalty/japan-points-landscape",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "regional-banks/lawson-bank",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/aeon-group"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4902,
      "word_like_tokens": 773,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "retail/seven-i-holdings-finance-deep-dive.md",
      "url": "https://finwiki.zksc.io/retail/seven-i-holdings-finance-deep-dive",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/seven-i-holdings-finance-deep-dive.md",
      "title": "Seven & i Holdings finance deep dive — 7-Bank, ATM platform, nanaco, EC acquiring, 2024 York reorganization",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under retail index as the finance-stack deep dive for Seven & i Holdings, extending the parent retail-group page with the full subsidiary map (7-Bank holdco perimeter, Seven Card Service, Seven CS Card Service, Seven Payment Service, nanaco). Pair it with AEON Group and the comparabl",
      "headings": [
        "Seven & i Holdings finance deep dive — 7-Bank, ATM platform, nanaco, EC acquiring, 2024 York reorganization",
        "Wiki route",
        "TL;DR",
        "Subsidiary perimeter — the four financial arms",
        "Seven Bank as the financial-profit anchor",
        "nanaco — group-internal prepaid + point program",
        "Seven Card Service vs Seven CS Card Service",
        "Seven Payment Service — ATM-receipt B2B2C payouts and EC acquiring",
        "2024 York Holdings reorganization — impact on financial flows",
        "Comparison vs AEON Financial Service"
      ],
      "wikilinks": [
        "INDEX",
        "card-issuers/aeon-bank",
        "loyalty/d-point-detailed-ecosystem",
        "loyalty/japan-points-landscape",
        "loyalty/point-liability-accounting-boundary",
        "loyalty/ponta-points-deep-dive",
        "loyalty/v-point-smbc-ccc-case",
        "payments/cashless-jp-landscape",
        "payments/funds-transfer-vs-prepaid-boundary",
        "payments/japan-code-payment-operator-2025-market-share-matrix",
        "regional-banks/lawson-bank",
        "regional-banks/seven-bank",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/japan-retail-financial-distribution-wedge-matrix",
        "retail/lawson-kddi-retail-finance",
        "retail/lawson-mitsubishi-corporation-tie-up-2024-deep",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/card-issuers/aeon-bank",
        "https://finwiki.zksc.io/loyalty/d-point-detailed-ecosystem",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/loyalty/point-liability-accounting-boundary",
        "https://finwiki.zksc.io/loyalty/ponta-points-deep-dive",
        "https://finwiki.zksc.io/loyalty/v-point-smbc-ccc-case",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/funds-transfer-vs-prepaid-boundary",
        "https://finwiki.zksc.io/payments/japan-code-payment-operator-2025-market-share-matrix",
        "https://finwiki.zksc.io/regional-banks/lawson-bank",
        "https://finwiki.zksc.io/regional-banks/seven-bank",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/japan-retail-financial-distribution-wedge-matrix",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/lawson-mitsubishi-corporation-tie-up-2024-deep",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14008,
      "word_like_tokens": 2295,
      "last_modified": "2026-06-06"
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    {
      "source_path": "retail/store-traffic-as-financial-distribution.md",
      "url": "https://finwiki.zksc.io/retail/store-traffic-as-financial-distribution",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/retail/store-traffic-as-financial-distribution.md",
      "title": "Store Traffic as Financial Distribution",
      "domain": "retail",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This is the control / concept page behind the retail-finance group entries on the retail INDEX. Where the group pages (AEON Group, Seven & i Holdings, Lawson + KDDI) describe who owns which finance stack, this page isolates the underlying mechanism they all share: physical store traffic is a distrib",
      "headings": [
        "Store Traffic as Financial Distribution",
        "Wiki route",
        "The core claim",
        "Why the CAC advantage is real",
        "The conversion ladder",
        "Limits and risks",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/payment-license-stack",
        "loyalty/japan-points-landscape",
        "megabanks/paypay-fg",
        "payment-firms/rakuten-fg",
        "payments/cashless-jp-landscape",
        "payments/nanaco-prepaid-seven-i",
        "payments/waon-prepaid-aeon",
        "retail/INDEX",
        "retail/aeon-group",
        "retail/japan-retail-financial-distribution-wedge-matrix",
        "retail/lawson-kddi-retail-finance",
        "retail/seven-and-i-hd"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/payment-license-stack",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/payments/nanaco-prepaid-seven-i",
        "https://finwiki.zksc.io/payments/waon-prepaid-aeon",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/retail/aeon-group",
        "https://finwiki.zksc.io/retail/japan-retail-financial-distribution-wedge-matrix",
        "https://finwiki.zksc.io/retail/lawson-kddi-retail-finance",
        "https://finwiki.zksc.io/retail/seven-and-i-hd"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5232,
      "word_like_tokens": 868,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "securities-firms/INDEX.md",
      "url": "https://finwiki.zksc.io/securities-firms/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/INDEX.md",
      "title": "securities-firms — Japanese securities brokers / FIEA 第一種 operator index",
      "domain": "securities-firms",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "securities-firms/ is the top-level domain for Japanese securities broker / dealer operating companies — the entity layer of the FIEA 第一種金融商品取引業 (Type I Financial Instruments Business) world. It covers independent securities groups (野村 HD, 大和証券グループ), megabank-affiliated securities (SMBC 日興, みずほ証券, MU",
      "headings": [
        "securities-firms — Japanese securities brokers / FIEA 第一種 operator index",
        "Scope",
        "Disambiguation",
        "Members",
        "Independent securities groups (大手・独立系)",
        "Megabank- / FG-affiliated securities",
        "Online / smartphone brokers",
        "FX / leveraged 第一種 operators",
        "Regional securities subsidiaries",
        "Mid / small-cap independent broker tail"
      ],
      "wikilinks": [
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        "JapanFG/INDEX",
        "asset-managers/INDEX",
        "financial-regulators/INDEX",
        "securities-firms/aizawa-securities",
        "securities-firms/aizawa-sg",
        "securities-firms/akatsuki-hq",
        "securities-firms/anz-bank-japan",
        "securities-firms/chibagin-securities",
        "securities-firms/daiwa-sg",
        "securities-firms/dmm-com-securities",
        "securities-firms/ffg-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/imamura-securities",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/iwai-cosmo-securities",
        "securities-firms/japan-asia-securities",
        "securities-firms/kyokuto-securities",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/mebuki-securities",
        "securities-firms/mizuho-securities",
        "securities-firms/monex-group",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/mufg-esmart-securities",
        "securities-firms/mufg-mums",
        "securities-firms/mufg-securities",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/paypay-securities",
        "securities-firms/rakuten-securities",
        "securities-firms/saxo-bank-securities",
        "securities-firms/sbi-fx-trade",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
        "securities-firms/tachibana-securities",
        "securities-firms/tokai-tokyo-fh",
        "securities-firms/tokai-tokyo-securities",
        "securities-firms/traders-securities",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/asset-managers/INDEX",
        "https://finwiki.zksc.io/financial-regulators/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-securities",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/akatsuki-hq",
        "https://finwiki.zksc.io/securities-firms/anz-bank-japan",
        "https://finwiki.zksc.io/securities-firms/chibagin-securities",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
        "https://finwiki.zksc.io/securities-firms/ffg-securities",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/imamura-securities",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-securities",
        "https://finwiki.zksc.io/securities-firms/japan-asia-securities",
        "https://finwiki.zksc.io/securities-firms/kyokuto-securities",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/mufg-esmart-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/paypay-securities",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/saxo-bank-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tachibana-securities",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-securities",
        "https://finwiki.zksc.io/securities-firms/traders-securities",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
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      "word_like_tokens": 685,
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    },
    {
      "source_path": "securities-firms/aizawa-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/aizawa-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/aizawa-securities.md",
      "title": "アイザワ証券 (Aizawa Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against アイザワ証券グループ for parent holding context, 岩井コスモ証券 / 東海東京証券 / 岡三証券グループ for peer mid-tier independent securities, and securities index for the broader market-structure boundary.",
      "headings": [
        "アイザワ証券 (Aizawa Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・登録",
        "3. 営業基盤",
        "4. 業務セグメント",
        "5. 親会社・グループ関係",
        "6. 競合・業界ポジション",
        "7. 戦略・最近の動向"
      ],
      "wikilinks": [
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/iwai-cosmo-securities",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/monex-group",
        "securities-firms/okasan-sg",
        "securities-firms/tokai-tokyo-securities",
        "securities/INDEX",
        "securities/japan-securities-clearing-corp",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-securities",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-securities",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "last_modified": "2026-06-06"
    },
    {
      "source_path": "securities-firms/aizawa-sg.md",
      "url": "https://finwiki.zksc.io/securities-firms/aizawa-sg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/aizawa-sg.md",
      "title": "アイザワ証券グループ (Aizawa Securities Group)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 岡三証券グループ (Okasan Securities Group) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "アイザワ証券グループ (Aizawa Securities Group)",
        "Wiki route",
        "TL;DR",
        "1. Holding-company boundary",
        "Operating securities subsidiary",
        "2. Business model",
        "Asia-equity positioning",
        "Group-business map",
        "3. Strategy / peer reading",
        "4. Regulation / policy"
      ],
      "wikilinks": [
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/matsui-sec",
        "securities-firms/monex-group",
        "securities-firms/okasan-sg",
        "securities-firms/smbc-nikko",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "securities-firms/akatsuki-hq.md",
      "url": "https://finwiki.zksc.io/securities-firms/akatsuki-hq",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/akatsuki-hq.md",
      "title": "あかつき本社 (Akatsuki Honsha)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 野村ホールディングス (Nomura HD) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "あかつき本社 (Akatsuki Honsha)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "競争ポジション",
        "アライアンス・パートナーズグループとの連携",
        "中計（2024）"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/matsui-sec",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
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      "nonspace_chars": 2146,
      "word_like_tokens": 321,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "securities-firms/anz-bank-japan.md",
      "url": "https://finwiki.zksc.io/securities-firms/anz-bank-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/anz-bank-japan.md",
      "title": "ANZ銀行日本 (ANZ Bank Japan)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "ANZ Japan sits between foreign-bank branch registry, FIEA operator registry, and foreign financial group adjacent-license route. It is linked with Standard Chartered Japan, DBS Japan, UOB Japan, and securities license stack.",
      "headings": [
        "ANZ銀行日本 (ANZ Bank Japan)",
        "Wiki route",
        "Overview",
        "Entity / License Stack",
        "Business Role Map",
        "Peer / Contrast Map",
        "Research Checklist",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "finance/cross-border-m-a-japan",
        "financial-licenses/foreign-bank-agency-business-route",
        "financial-licenses/foreign-bank-branch-license-route",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-licenses/securities-license-stack",
        "foreign-financial-institutions/bnp-paribas-japan",
        "foreign-financial-institutions/dbs-bank-japan",
        "foreign-financial-institutions/foreign-bank-branches-japan-index",
        "foreign-financial-institutions/standard-chartered-japan",
        "foreign-financial-institutions/uob-bank-japan",
        "securities-firms/INDEX",
        "securities-firms/goldman-sachs-japan",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-agency-business-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-bank-branch-license-route",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/foreign-financial-institutions/bnp-paribas-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/dbs-bank-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/foreign-bank-branches-japan-index",
        "https://finwiki.zksc.io/foreign-financial-institutions/standard-chartered-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/uob-bank-japan",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5507,
      "word_like_tokens": 808,
      "last_modified": "2026-06-06"
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    {
      "source_path": "securities-firms/chibagin-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/chibagin-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/chibagin-securities.md",
      "title": "ちばぎん証券 (Chibagin Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the securities-firms INDEX as the FG-subsidiary securities operating-company anchor for 千葉銀行 (Chiba Bank). Read it against parent operating bank 千葉銀行 (no-holding-company 単独銀行 model) and sibling subsidiary ちばぎんリース. Peer comparison: めぶき証券 under めぶき FG (北関東地銀系証券) and FFG 証券 under",
      "headings": [
        "ちばぎん証券 (Chibagin Securities)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "持株ツリー (千葉銀グループ簡略図)",
        "2. 業務ラインと収益構造",
        "グループ内クロスリンク",
        "地銀系証券 peer 比較",
        "大手 / ネット証券との競合",
        "強み・弱み"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-api-digital-partnership-route",
        "banking/regional-bank-consolidation-pattern",
        "finance/INDEX",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-regulators/jsda",
        "leasing-firms/chibagin-leasing",
        "regional-banks/chiba-bank",
        "regional-banks/chiba-kogyo-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/iyogin-hd",
        "regional-banks/mebuki-fg",
        "regional-banks/shizuoka-fg",
        "regional-banks/yamaguchi-fg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/ffg-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/mebuki-securities",
        "securities-firms/mizuho-securities",
        "securities-firms/nomura-hd",
        "securities-firms/paypay-securities",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-api-digital-partnership-route",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-kogyo-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/iyogin-hd",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/shizuoka-fg",
        "https://finwiki.zksc.io/regional-banks/yamaguchi-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/ffg-securities",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/paypay-securities",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6907,
      "word_like_tokens": 965,
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    {
      "source_path": "securities-firms/daiwa-sg.md",
      "url": "https://finwiki.zksc.io/securities-firms/daiwa-sg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/daiwa-sg.md",
      "title": "大和証券グループ本社 (Daiwa Securities Group)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 野村ホールディングス (Nomura HD) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "大和証券グループ本社 (Daiwa Securities Group)",
        "Wiki route",
        "TL;DR",
        "0. 最新業績 (FY2024 = 2025-03 期、連結)",
        "大和ネクスト銀行 (子会社、2026-03 末時点)",
        "1. 会社概要",
        "業態の特徴",
        "主要子会社・持分",
        "重要年表（公開情報ベース）",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "megabanks/au-fh",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "regional-banks/fukuoka-fg",
        "securities-firms/INDEX",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
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      "entity_edges": [],
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      "word_like_tokens": 914,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/dmm-com-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/dmm-com-securities.md",
      "title": "DMM.com証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against GMOクリック証券 for the closest retail FX / CFD peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The crypto-asset operator view lives separately on the DMM exchange page.",
      "headings": [
        "DMM.com証券",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-exchange-dmm-com-securities",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "securities-firms/INDEX",
        "securities-firms/gmo-click-securities",
        "securities-firms/saxo-bank-securities",
        "securities-firms/sbi-fx-trade",
        "securities-firms/traders-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-dmm-com-securities",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/saxo-bank-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/traders-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2473,
      "word_like_tokens": 403,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "securities-firms/ffg-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/ffg-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/ffg-securities.md",
      "title": "FFG 証券 (FFG Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the securities-firms INDEX as the FG-subsidiary securities operating-company anchor for ふくおか FG (FFG). Read it against parent operating bank 福岡銀行 and sibling subsidiaries 十八親和銀行 / 熊本銀行. For peer FG-securities comparison see めぶき証券 under regional-banks/mebuki-fg and the broader r",
      "headings": [
        "FFG 証券 (FFG Securities)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "FFG 設立とグループ統合",
        "FFG 証券 設立・展開",
        "4. KPI table (concept)",
        "5. 事業セグメント・マップ",
        "FG 内ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/jsda",
        "payment-firms/ibank-marketing",
        "regional-banks/18-shinwa-bank",
        "regional-banks/fukuoka-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/hirogin-hd",
        "regional-banks/kumamoto-bank",
        "regional-banks/kyushu-fg",
        "regional-banks/mebuki-fg",
        "regional-banks/nishi-nippon-fhd",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/matsui-sec",
        "securities-firms/mebuki-securities",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/payment-firms/ibank-marketing",
        "https://finwiki.zksc.io/regional-banks/18-shinwa-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/hirogin-hd",
        "https://finwiki.zksc.io/regional-banks/kumamoto-bank",
        "https://finwiki.zksc.io/regional-banks/kyushu-fg",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-fhd",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mebuki-securities",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7252,
      "word_like_tokens": 1206,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "securities-firms/gmo-click-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/gmo-click-securities.md",
      "title": "GMOクリック証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against DMM.com証券 for the closest retail FX / CFD peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The retail-FX market map lives across SBI FXトレード and トレイダーズ証券.",
      "headings": [
        "GMOクリック証券",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "payment-firms/gmo-aozora-net",
        "payment-firms/gmo-coin",
        "payment-firms/gmo-financial-hd",
        "payment-firms/gmo-payment-gateway",
        "securities-firms/INDEX",
        "securities-firms/dmm-com-securities",
        "securities-firms/sbi-fx-trade",
        "securities-firms/traders-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/payment-firms/gmo-aozora-net",
        "https://finwiki.zksc.io/payment-firms/gmo-coin",
        "https://finwiki.zksc.io/payment-firms/gmo-financial-hd",
        "https://finwiki.zksc.io/payment-firms/gmo-payment-gateway",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/traders-securities"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2548,
      "word_like_tokens": 419,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/goldman-sachs-japan.md",
      "url": "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/goldman-sachs-japan.md",
      "title": "ゴールドマン・サックス・ジャパン (Goldman Sachs Japan)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against モルガン・スタンレー・ジャパン (Morgan Stanley Japan) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "ゴールドマン・サックス・ジャパン (Goldman Sachs Japan)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要日本法人グループ ^[extracted]",
        "親会社 Goldman Sachs Group 概要（参考、NYSE: GS） ^[extracted]",
        "重要年表 ^[extracted]",
        "本社・主要拠点",
        "2. 事業セグメント・マップ",
        "顧客セグメント"
      ],
      "wikilinks": [
        "finance/cross-border-m-a-japan",
        "finance/japan-ib-league-table",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/morgan-stanley-japan",
        "securities-firms/nomura-hd",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "branch",
        "scope": "japan_branch",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 5744,
      "word_like_tokens": 904,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/imamura-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/imamura-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/imamura-securities.md",
      "title": "今村証券 (Imamura Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 丸三証券 for peer / contrast context, FSA 金融商品取引業者 index for the regulatory-license layer, and securities license stack for FIEA license boundary.",
      "headings": [
        "今村証券 (Imamura Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. 会社概要",
        "業態の特徴",
        "重要年表 (公開情報ベース)",
        "3. 事業セグメント・マップ",
        "地域密着型独立証券としてのポジション",
        "競合関係"
      ],
      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "financial-regulators/jsda",
        "regional-banks/hokkoku-fhd",
        "regional-banks/hokuriku-bank",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/kyokuto-securities",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
        "securities-firms/tokai-tokyo-fh",
        "securities/financial-instruments-business-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/regional-banks/hokkoku-fhd",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/kyokuto-securities",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3429,
      "word_like_tokens": 482,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "securities-firms/iwai-cosmo-hd.md",
      "url": "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/iwai-cosmo-hd.md",
      "title": "岩井コスモホールディングス",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 岡三証券グループ (Okasan Securities Group) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "岩井コスモホールディングス",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "基本戦略",
        "競合ポジション",
        "中計（2024）"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/matsui-sec",
        "securities-firms/okasan-sg",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3754,
      "word_like_tokens": 550,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "securities-firms/iwai-cosmo-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/iwai-cosmo-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/iwai-cosmo-securities.md",
      "title": "岩井コスモ証券 (IwaiCosmo Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 岩井コスモホールディングス for parent holding context, 岡三証券グループ / 東海東京FH for peer mid-tier independent securities, and securities index for the broader market-structure boundary.",
      "headings": [
        "岩井コスモ証券 (IwaiCosmo Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・登録",
        "3. 営業基盤",
        "4. 取扱商品",
        "5. 業界ポジション",
        "6. 沿革",
        "7. 関連企業"
      ],
      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-securities-group",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-msms",
        "securities-firms/nomura-holdings",
        "securities-firms/okasan-sg",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-online-brokerage-competition",
        "securities/japannext-securities",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/japannext-securities",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [
        "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.xlsx",
        "https://www.iwaicosmo-hd.jp/company/outline.html",
        "https://www.iwaicosmo.co.jp/corporate/about/",
        "https://www.iwaicosmo.co.jp/corporate/history/"
      ],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5174,
      "word_like_tokens": 828,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "securities-firms/japan-asia-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/japan-asia-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/japan-asia-securities.md",
      "title": "日本アジア証券 (Japan Asia Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against アイザワ証券 / 岩井コスモ証券 for peer mid-cap independent securities with Asian-emerging focus, 丸三証券 for old-line independent broker context, and securities index for the broader market-structure boundary.",
      "headings": [
        "日本アジア証券 (Japan Asia Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・基本情報",
        "2. ライセンス・登録",
        "3. 業務セグメント（中小独立証券一般形態）",
        "4. 競合・業界ポジション（中小独立証券セグメント）",
        "5. 業界構造的論点",
        "6. 業界再編・戦略選択肢",
        "7. 関連規制・参照"
      ],
      "wikilinks": [
        "securities-firms/INDEX",
        "securities-firms/aizawa-securities",
        "securities-firms/aizawa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/iwai-cosmo-securities",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/monex-group",
        "securities-firms/okasan-sg",
        "securities-firms/tokai-tokyo-fh",
        "securities-firms/tokai-tokyo-securities",
        "securities/INDEX",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-securities",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-securities",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-securities",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3845,
      "word_like_tokens": 516,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "securities-firms/kyokuto-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/kyokuto-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/kyokuto-securities.md",
      "title": "極東証券 (Kyokuto Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 丸三証券 for peer / contrast context, FSA 金融商品取引業者 index for the regulatory-license layer, and securities license stack for FIEA license boundary.",
      "headings": [
        "極東証券 (Kyokuto Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. 会社構造",
        "業態の特徴",
        "重要年表 (公開情報ベース)",
        "3. 事業セグメント map",
        "外債特化型ニッチ",
        "中堅独立証券枠でのポジション"
      ],
      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "financial-regulators/jsda",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/marusan-securities",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/smbc-nikko",
        "securities-firms/tachibana-securities",
        "securities-firms/tokai-tokyo-fh",
        "securities/financial-instruments-business-operators-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tachibana-securities",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index"
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      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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    },
    {
      "source_path": "securities-firms/marusan-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/marusan-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/marusan-securities.md",
      "title": "丸三証券 (Marusan Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against アイザワ証券グループ for peer / contrast context, FSA 金融商品取引業者 index for the regulatory-license layer, and securities license stack for the FIEA license boundary.",
      "headings": [
        "丸三証券 (Marusan Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. 会社構造",
        "業態の特徴",
        "重要年表 (公開情報ベース)",
        "3. 事業セグメント map",
        "老舗中堅独立証券としてのポジション",
        "競争環境 (japan-online-brokerage-competition 文脈)"
      ],
      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "financial-regulators/jsda",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/matsui-sec",
        "securities-firms/mizuho-securities",
        "securities-firms/monex-group",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
        "securities-firms/tokai-tokyo-fh",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-online-brokerage-competition"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition"
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      "entity_node": null,
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    },
    {
      "source_path": "securities-firms/matsui-sec.md",
      "url": "https://finwiki.zksc.io/securities-firms/matsui-sec",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/matsui-sec.md",
      "title": "松井証券株式会社 (Matsui Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against SBI証券 (SBI Securities) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "松井証券株式会社 (Matsui Securities)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "License / registration boundary",
        "2. Business model",
        "Online brokerage economics",
        "Self-directed retail strategy",
        "Historical inflection",
        "3. Segment map"
      ],
      "wikilinks": [
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "payment-firms/rakuten-fg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
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      "entity_edges": [],
      "nonspace_chars": 6656,
      "word_like_tokens": 1062,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "securities-firms/mebuki-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/mebuki-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/mebuki-securities.md",
      "title": "めぶき証券 (Mebuki Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under the securities-firms INDEX as the FG-subsidiary securities operating-company anchor for めぶき FG. Read it against 常陽銀行 and 足利銀行 (parent bank subsidiaries) and the regional-bank consolidation pattern for system / regulatory boundary. Adjacent peer is FFG 証券 under regional-banks/fu",
      "headings": [
        "めぶき証券 (Mebuki Securities)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. 持株ツリー",
        "旧 常陽証券系譜",
        "めぶき FG 設立とグループ統合",
        "4. KPI table (concept)",
        "5. 事業セグメント map",
        "FG 内ポジション"
      ],
      "wikilinks": [
        "banking/INDEX",
        "banking/regional-bank-consolidation-pattern",
        "financial-regulators/jsda",
        "regional-banks/77-bank",
        "regional-banks/ashikaga-bank",
        "regional-banks/chiba-bank",
        "regional-banks/fukuoka-fg",
        "regional-banks/joyo-bank",
        "regional-banks/mebuki-fg",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/daiwa-sg",
        "securities-firms/ffg-securities",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/matsui-sec",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/okasan-sg",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/regional-bank-consolidation-pattern",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/regional-banks/77-bank",
        "https://finwiki.zksc.io/regional-banks/ashikaga-bank",
        "https://finwiki.zksc.io/regional-banks/chiba-bank",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/regional-banks/joyo-bank",
        "https://finwiki.zksc.io/regional-banks/mebuki-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/ffg-securities",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
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    {
      "source_path": "securities-firms/mizuho-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/mizuho-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/mizuho-securities.md",
      "title": "Mizuho Securities",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Mizuho Securities is the securities arm of Mizuho Financial Group. It is a registered Financial Instruments Business Operator; FSA's financial instruments business operator list identifies みずほ証券株式会社 as Kanto Local Finance Bureau (FIBO) No. 94, with Type I / Type II / investment advisory & agency / i",
      "headings": [
        "Mizuho Securities",
        "TL;DR",
        "Positioning",
        "JapanFG Relevance",
        "Boundary Cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "finance/japan-ib-league-table",
        "financial-licenses/INDEX",
        "financial-regulators/jsda",
        "megabanks/mizuho-fg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "securities/INDEX",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
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      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
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        "status": "anchor"
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          "target": "megabanks/mizuho-fg",
          "evidence": "official_profile",
          "source": "https://www.mizuhogroup.com/jp/securities/who-we-are/profile",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
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        {
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          "target": "financial-regulators/jsda",
          "evidence": "industry_body_member_list",
          "source": "https://www.jsda.or.jp/en/about/members-list/index.html",
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      "source_path": "securities-firms/monex-group.md",
      "url": "https://finwiki.zksc.io/securities-firms/monex-group",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/monex-group.md",
      "title": "マネックスグループ (Monex Group)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 野村ホールディングス (Nomura HD) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "マネックスグループ (Monex Group)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "業態",
        "主要子会社・持分",
        "重要年表（公開情報ベース）",
        "2. 事業セグメント・マップ",
        "3 軸構造（マネックスグループの公式コンセプト）",
        "NTT ドコモ提携（2024 年公表）"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/paypay-fg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/nomura-hd",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
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        "scope": "japan_core",
        "status": "anchor"
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      "word_like_tokens": 702,
      "last_modified": "2026-06-22"
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    {
      "source_path": "securities-firms/morgan-stanley-japan.md",
      "url": "https://finwiki.zksc.io/securities-firms/morgan-stanley-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/morgan-stanley-japan.md",
      "title": "モルガン・スタンレー・ジャパン (Morgan Stanley Japan)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against ゴールドマン・サックス・ジャパン (Goldman Sachs Japan) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "モルガン・スタンレー・ジャパン (Morgan Stanley Japan)",
        "Wiki route",
        "TL;DR",
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        "2. 事業セグメント・マップ",
        "競合ポジショニング",
        "戦前〜統合前 (1970s〜2007)",
        "MUFG 資本提携と統合 (2008〜2010) ★ 核心"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/nomura-hd",
        "securities/INDEX"
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      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX"
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      "word_like_tokens": 1017,
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    },
    {
      "source_path": "securities-firms/mufg-esmart-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/mufg-esmart-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/mufg-esmart-securities.md",
      "title": "三菱UFJ eスマート証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against SBI証券 for the closest online-broker peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The group-strategy view sits with MUFG and the wholesale-securities sibling 三菱UFJモル",
      "headings": [
        "三菱UFJ eスマート証券",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "megabanks/au-fh",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "securities-firms/INDEX",
        "securities-firms/mufg-mums",
        "securities-firms/sbi-securities",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/au-fh",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2577,
      "word_like_tokens": 444,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "securities-firms/mufg-mums.md",
      "url": "https://finwiki.zksc.io/securities-firms/mufg-mums",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/mufg-mums.md",
      "title": "Mitsubishi UFJ Morgan Stanley Securities",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Mitsubishi UFJ Morgan Stanley Securities is the core MUFG securities company created around the MUFG / Morgan Stanley strategic alliance. Its role is different from a pure online brokerage: it is a bank-affiliated comprehensive securities firm covering wealth management, investment banking, sales an",
      "headings": [
        "Mitsubishi UFJ Morgan Stanley Securities",
        "TL;DR",
        "Positioning",
        "JV Boundary",
        "JapanFG Relevance",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-ib-league-table",
        "financial-licenses/INDEX",
        "financial-regulators/jsda",
        "megabanks/mufg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko",
        "securities/INDEX",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-ib-league-table",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/mufg",
          "evidence": "official_profile",
          "source": "https://www.hd.sc.mufg.jp/english/company/group_mumss.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.pdf",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "member_of_sro",
          "target": "financial-regulators/jsda",
          "evidence": "industry_body_member_list",
          "source": "https://www.jsda.or.jp/en/about/members-list/index.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 3686,
      "word_like_tokens": 550,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/mufg-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/mufg-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/mufg-securities.md",
      "title": "MUFG 証券ホールディングス",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against MUFG (8306、親会社), SMBC 日興証券 / みずほ証券 for peer / contrast (メガバンク系証券)、野村 HD / 大和証券 for independent rival context, and 金融庁 for the regulatory boundary.",
      "headings": [
        "MUFG 証券ホールディングス",
        "Wiki route",
        "TL;DR",
        "1. 法人構造",
        "傘下構造",
        "重要年表",
        "なぜ 2 社に分けたか",
        "Morgan Stanley との戦略的関係",
        "3. 海外現法の機能",
        "米国でのプレゼンス"
      ],
      "wikilinks": [
        "financial-regulators/fsa",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jsda",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/smbc-nikko"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4951,
      "word_like_tokens": 799,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "securities-firms/nomura-hd.md",
      "url": "https://finwiki.zksc.io/securities-firms/nomura-hd",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/nomura-hd.md",
      "title": "野村ホールディングス (Nomura HD)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 大和証券グループ本社 (Daiwa Securities Group) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "野村ホールディングス (Nomura HD)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "FY2025 (2025-03 期) 決算（連結、米国会計基準）^[extracted]",
        "主要株主（2025-03-31）^[extracted]",
        "主要子会社・持分",
        "創業・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/resona-hd",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities/INDEX",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/resona-hd",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "financial_group",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 7046,
      "word_like_tokens": 1272,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/okasan-sg.md",
      "url": "https://finwiki.zksc.io/securities-firms/okasan-sg",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/okasan-sg.md",
      "title": "岡三証券グループ (Okasan Securities Group)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 東海東京フィナンシャル・ホールディングス (Tokai Tokyo FH) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "岡三証券グループ (Okasan Securities Group)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社（公開情報ベース）",
        "合併歴史・前身",
        "重要年表（抜粋）^[extracted]",
        "2. 事業セグメント・マップ",
        "中堅独立ポジショニング",
        "対面 × ネット ハイブリッド戦略"
      ],
      "wikilinks": [
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/smfg",
        "securities-firms/INDEX",
        "securities-firms/monex-group",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3089,
      "word_like_tokens": 487,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "securities-firms/paypay-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/paypay-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/paypay-securities.md",
      "title": "PayPay証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against 楽天証券 for the closest ポイント経済圏連動型 online-broker peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The embedded-finance funnel runs through PayPay銀行 and cashless Japan land",
      "headings": [
        "PayPay証券",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/paypay-bank",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "megabanks/paypay-fg",
        "payments/cashless-jp-landscape",
        "securities-firms/INDEX",
        "securities-firms/rakuten-securities",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/paypay-bank",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/paypay-fg",
        "https://finwiki.zksc.io/payments/cashless-jp-landscape",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2629,
      "word_like_tokens": 383,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/rakuten-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/rakuten-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/rakuten-securities.md",
      "title": "Rakuten Securities",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Rakuten Securities is the online brokerage arm associated with Rakuten's financial ecosystem. FSA's financial instruments business operator list identifies 楽天証券株式会社 as Kanto Local Finance Bureau (FIBO) No. 195. Rakuten's own April 2024 release said Rakuten Securities surpassed 11 million general sec",
      "headings": [
        "Rakuten Securities",
        "TL;DR",
        "Positioning",
        "Strategic Meaning",
        "JapanFG Relevance",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/INDEX",
        "financial-regulators/jsda",
        "loyalty/japan-points-landscape",
        "payment-firms/rakuten-fg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd",
        "securities/INDEX",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/loyalty/japan-points-landscape",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [],
      "nonspace_chars": 2753,
      "word_like_tokens": 402,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/saxo-bank-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/saxo-bank-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/saxo-bank-securities.md",
      "title": "サクソバンク証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against GMOクリック証券 for the closest domestic retail FX / CFD peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. As a foreign-parented FIEA arm, contrast it with Goldman Sachs Japan",
      "headings": [
        "サクソバンク証券",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "foreign-financial-institutions/citigroup-japan",
        "securities-firms/INDEX",
        "securities-firms/dmm-com-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/goldman-sachs-japan",
        "securities-firms/sbi-fx-trade",
        "securities-firms/traders-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/goldman-sachs-japan",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities-firms/traders-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2424,
      "word_like_tokens": 376,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "securities-firms/sbi-fx-trade.md",
      "url": "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/sbi-fx-trade.md",
      "title": "SBI FXトレード",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against トレイダーズ証券 for the closest FX-specialist peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The comprehensive-broker sibling is SBI証券.",
      "headings": [
        "SBI FXトレード",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "megabanks/sbi-hd",
        "securities-firms/INDEX",
        "securities-firms/dmm-com-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/sbi-securities",
        "securities-firms/traders-securities"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities-firms/traders-securities"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2459,
      "word_like_tokens": 416,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "securities-firms/sbi-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/sbi-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/sbi-securities.md",
      "title": "SBI証券 (SBI Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against 楽天証券 for the closest online-broker peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The retail-competition map lives on 日本ネット証券競争.",
      "headings": [
        "SBI証券 (SBI Securities)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-exchange-sbi-vc-trade",
        "financial-regulators/fsa",
        "financial-regulators/jsda",
        "megabanks/sbi-hd",
        "securities-firms/INDEX",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-fx-trade",
        "securities/japan-online-brokerage-competition",
        "securities/nisa-2024-flow"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/nisa-2024-flow"
      ],
      "markdown_links": [],
      "entity_node": {
        "kind": "operating_company",
        "scope": "japan_core",
        "status": "anchor"
      },
      "entity_edges": [
        {
          "relation": "subsidiary_of",
          "target": "megabanks/sbi-hd",
          "evidence": "official_profile",
          "source": "https://www.sbigroup.co.jp/company/group/sbisec.php",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "regulated_by",
          "target": "financial-regulators/fsa",
          "evidence": "official_registry",
          "source": "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.xlsx",
          "as_of": "2026-06-22",
          "confidence": "likely"
        },
        {
          "relation": "member_of_sro",
          "target": "financial-regulators/jsda",
          "evidence": "industry_body_member_list",
          "source": "https://www.jsda.or.jp/en/about/members-list/index.html",
          "as_of": "2026-06-22",
          "confidence": "likely"
        }
      ],
      "nonspace_chars": 3123,
      "word_like_tokens": 500,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/smbc-nikko.md",
      "url": "https://finwiki.zksc.io/securities-firms/smbc-nikko",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/smbc-nikko.md",
      "title": "SMBC 日興証券 (SMBC Nikko Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 野村ホールディングス (Nomura HD) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "SMBC 日興証券 (SMBC Nikko Securities)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・関連会社（公開情報ベース）",
        "重要年表（公開情報ベース）",
        "2. 事業セグメント・マップ",
        "グループ内ポジション（megabanks/smfg 内）",
        "リテール戦略",
        "ホールセール / IB 戦略"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jsda",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "payment-firms/rakuten-fg",
        "securities-firms/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/monex-group",
        "securities-firms/nomura-hd",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": {
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      "word_like_tokens": 1064,
      "last_modified": "2026-06-22"
    },
    {
      "source_path": "securities-firms/tachibana-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/tachibana-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/tachibana-securities.md",
      "title": "立花証券 (Tachibana Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 丸三証券 for peer / contrast context, FSA 金融商品取引業者 index for the regulatory-license layer, and securities license stack for FIEA license boundary.",
      "headings": [
        "立花証券 (Tachibana Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・ライセンス境界",
        "2. 会社概要",
        "業態の特徴",
        "重要年表 (公開情報ベース)",
        "3. 事業セグメント・マップ",
        "信用取引特化型ニッチ",
        "中堅独立証券枠でのポジション (japan-online-brokerage-competition 文脈)"
      ],
      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "financial-regulators/jsda",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/iwai-cosmo-hd",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/monex-group",
        "securities-firms/rakuten-securities",
        "securities-firms/sbi-securities",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-margin-trading-and-securities-finance",
        "securities/japan-online-brokerage-competition"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-hd",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/securities-firms/rakuten-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-margin-trading-and-securities-finance",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3619,
      "word_like_tokens": 481,
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    },
    {
      "source_path": "securities-firms/tokai-tokyo-fh.md",
      "url": "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/tokai-tokyo-fh.md",
      "title": "東海東京 FH (Tokai Tokyo Financial Holdings)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 岡三証券グループ (Okasan Securities Group) for peer / contrast context and securities index for the broader system / regulatory boundary.",
      "headings": [
        "東海東京 FH (Tokai Tokyo Financial Holdings)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要子会社・合弁",
        "前身・沿革",
        "地銀連合・海外展開期",
        "業界での位置",
        "地銀合弁モデル (最大の差別化)",
        "4 軸戦略"
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      "wikilinks": [
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        "megabanks/mufg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/concordia-fg",
        "regional-banks/fukuoka-fg",
        "securities-firms/INDEX",
        "securities-firms/okasan-sg",
        "securities/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/fukuoka-fg",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3765,
      "word_like_tokens": 613,
      "last_modified": "2026-06-08"
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    {
      "source_path": "securities-firms/tokai-tokyo-securities.md",
      "url": "https://finwiki.zksc.io/securities-firms/tokai-tokyo-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/tokai-tokyo-securities.md",
      "title": "東海東京証券 (Tokai Tokyo Securities)",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX. Read it against 東海東京フィナンシャル・ホールディングス for parent holding context, 岡三証券グループ / 岩井コスモ証券 for peer mid-tier independent securities, and securities index for the broader market-structure boundary.",
      "headings": [
        "東海東京証券 (Tokai Tokyo Securities)",
        "Wiki route",
        "TL;DR",
        "1. 法人・株主",
        "2. ライセンス・登録",
        "3. 営業基盤",
        "4. 取扱商品",
        "5. 業界ポジション",
        "6. 沿革",
        "7. 関連企業・合弁証券"
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      "wikilinks": [
        "financial-licenses/securities-license-stack",
        "megabanks/mufg-bank",
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        "regional-banks/hokkaido-bank",
        "regional-banks/hokuhoku-fg",
        "regional-banks/hokuriku-bank",
        "regional-banks/nishi-nippon-city-bank",
        "regional-banks/oita-bank",
        "regional-banks/yokohama-bank",
        "securities-firms/INDEX",
        "securities-firms/aizawa-sg",
        "securities-firms/iwai-cosmo-securities",
        "securities-firms/marusan-securities",
        "securities-firms/matsui-sec",
        "securities-firms/mizuho-securities",
        "securities-firms/okasan-sg",
        "securities-firms/smbc-nikko",
        "securities-firms/tokai-tokyo-fh",
        "securities/INDEX",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-online-brokerage-competition",
        "securities/japan-securities-clearing-corp",
        "securities/japan-underwriting-market-structure",
        "securities/osaka-exchange",
        "securities/tokyo-stock-exchange"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/regional-banks/concordia-fg",
        "https://finwiki.zksc.io/regional-banks/hokkaido-bank",
        "https://finwiki.zksc.io/regional-banks/hokuhoku-fg",
        "https://finwiki.zksc.io/regional-banks/hokuriku-bank",
        "https://finwiki.zksc.io/regional-banks/nishi-nippon-city-bank",
        "https://finwiki.zksc.io/regional-banks/oita-bank",
        "https://finwiki.zksc.io/regional-banks/yokohama-bank",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/aizawa-sg",
        "https://finwiki.zksc.io/securities-firms/iwai-cosmo-securities",
        "https://finwiki.zksc.io/securities-firms/marusan-securities",
        "https://finwiki.zksc.io/securities-firms/matsui-sec",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/okasan-sg",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/securities-firms/tokai-tokyo-fh",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-online-brokerage-competition",
        "https://finwiki.zksc.io/securities/japan-securities-clearing-corp",
        "https://finwiki.zksc.io/securities/japan-underwriting-market-structure",
        "https://finwiki.zksc.io/securities/osaka-exchange",
        "https://finwiki.zksc.io/securities/tokyo-stock-exchange"
      ],
      "markdown_links": [
        "https://www.fsa.go.jp/menkyo/menkyoj/kinyushohin.xlsx",
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        "https://www.tokaitokyo.co.jp/company/profile/history.html",
        "https://www.tokaitokyo.co.jp/company/profile/outline.html"
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      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5911,
      "word_like_tokens": 919,
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    {
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      "url": "https://finwiki.zksc.io/securities-firms/traders-securities",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities-firms/traders-securities.md",
      "title": "トレイダーズ証券",
      "domain": "securities-firms",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under securities-firms INDEX (its domain route). Read it against SBI FXトレード for the closest FX-specialist peer / contrast, and against the FSA plus JSDA for the FIEA supervisory / self-regulatory boundary. The broader retail-FX field includes GMOクリック証券 and DMM.com証券.",
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        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
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        "financial-regulators/jsda",
        "securities-firms/INDEX",
        "securities-firms/dmm-com-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/saxo-bank-securities",
        "securities-firms/sbi-fx-trade"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/securities-firms/INDEX",
        "https://finwiki.zksc.io/securities-firms/dmm-com-securities",
        "https://finwiki.zksc.io/securities-firms/gmo-click-securities",
        "https://finwiki.zksc.io/securities-firms/saxo-bank-securities",
        "https://finwiki.zksc.io/securities-firms/sbi-fx-trade"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2381,
      "word_like_tokens": 366,
      "last_modified": "2026-06-05"
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    {
      "source_path": "securities/INDEX.md",
      "url": "https://finwiki.zksc.io/securities/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/securities/INDEX.md",
      "title": "Securities domain",
      "domain": "securities",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes securities-market and household-investment pages. Listed financial groups and broad company pages usually stay in JapanFG, while this domain explains securities-market mechanisms and infrastructure such as NISA flows, IPO listing disclosure, exchange venues, PTS, security-token se",
      "headings": [
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        "Overview",
        "Start Here",
        "JapanFG Anchors",
        "Registry Control",
        "Research Control",
        "Backlog",
        "Wave 5-6 additions (2026-05)",
        "Comparison matrices (added 2026-05)",
        "Related"
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      "wikilinks": [
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        "securities-firms/daiwa-sg",
        "securities-firms/dmm-com-securities",
        "securities-firms/gmo-click-securities",
        "securities-firms/mizuho-securities",
        "securities-firms/monex-group",
        "securities-firms/mufg-esmart-securities",
        "securities-firms/mufg-mums",
        "securities-firms/nomura-hd",
        "securities-firms/paypay-securities",
        "securities-firms/rakuten-securities",
        "securities-firms/saxo-bank-securities",
        "securities-firms/sbi-fx-trade",
        "securities-firms/sbi-securities",
        "securities-firms/smbc-nikko",
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        "securities/financial-instruments-business-operators-japan-index",
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        "securities/japan-best-execution-sor-pts",
        "securities/japan-capital-markets-ecosystem-overview",
        "securities/japan-equity-analyst-and-sell-side-research-ecosystem",
        "securities/japan-fiea-operator-registry-segment-matrix",
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        "securities/japan-prime-brokerage-and-institutional-financing-matrix",
        "securities/japan-pts-liquidity-data-guide",
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        "securities/japan-underwriting-market-structure",
        "securities/japannext-securities",
        "securities/japannext-sor-routing-deep-dive",
        "securities/nisa-2024-flow",
        "securities/odx-start-stb-secondary-market",
        "securities/osaka-digital-exchange",
        "securities/osaka-exchange",
        "securities/progmat-tokenized-securities-infrastructure",
        "securities/tokyo-commodity-exchange",
        "securities/tokyo-stock-exchange"
      ],
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        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
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        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
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      "summary": "FSA's financial instruments business operator list contains 1,945 operators as of 2026-04-30. This page is the registry-control route for the FIEA / FIBO population. It does not reproduce all 1,945 rows; the official FSA workbook remains the complete row-level source of truth.",
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      "title": "Japan asset manager landscape matrix",
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      "summary": "Japan's asset-management (AM) industry is a four-lane race: megabank-affiliated AMs anchor distribution-led scale; insurance-affiliated AMs sit at the intersection of premium float and run-off liabilities; independent / online AMs ride NISA and online-broker funnel growth; and foreign-affiliated AMs",
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        "Lane 2 — Insurance-affiliated AMs",
        "Lane 3 — Independent / online AMs",
        "Lane 4 — Foreign-affiliated AMs in Japan"
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      "summary": "Best execution in Japan is the control layer behind retail stock-fee competition. A broker's \"zero commission\" message does not by itself explain whether a customer order is routed to Tokyo Stock Exchange, a proprietary trading system (PTS), or another execution path, nor whether price, cost, speed,",
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        "SOR Is Not A Magic Word",
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        "Broker Comparison Questions",
        "JapanFG Relevance",
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      "summary": "Japan's capital markets ecosystem comprises five interconnected layers: issuance (primary), trading (secondary), clearing, settlement / depository, and regulation / self-regulation. The system spans equity, bond (JGB and corporate), derivative (listed and OTC), securitized-products, and security-tok",
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      "summary": "Japan's Financial Instruments and Exchange Act (FIEA / 金融商品取引法) administers a single registry of 1,945 financial instruments business operators (金融商品取引業者) as of 2026-04-30, but that single registry hides nine functionally distinct segments with very different capital floors, permitted-activity envel",
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        "Segment 3 — 投資助言・代理業 (Investment Advisory / Agency Business)",
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      "title": "Japan IPO 2024-2025 case study: Tokyo Metro and Kioxia",
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      "summary": "Stock lending in Japan is a market-infrastructure route that connects custodians, institutional investors, brokers, securities finance companies, margin trading, short selling, collateral, clearing, settlement, and corporate actions. It is analyzed as plumbing before it is analyzed as a bearish sign",
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        "Sources"
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      "title": "チームの真の身元フォレンジック・アンカーチェーン — 多源指紋の合成",
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        "When NOT to Use",
        "Provenance"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/security/fork-and-rebrand-5-layer-audit-framework.md",
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      "entry_type": "wiki_entry",
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      "summary": "This entry sits under スマートコントラクト bytecode フォレンジック — 三層 verify 技術. Read it against systems index for peer / contrast context and FinWiki index for the broader system / regulatory boundary.",
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        "Layer 3: コンパイル指紋 & バイトコード比較 (Compilation Fingerprint & Diff)",
        "Layer 4: チーム & デプロイヤー起源 (Team & Deployer Provenance)",
        "Layer 5: コンプライアンス & ライセンス監査 (License & Copyleft Verification)",
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        "関連の制約と境界"
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        "security/module-path-confusion-supply-chain-attack.md",
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        "Sources"
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        "識別 checklist",
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        "When NOT to Use",
        "Provenance"
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        "systems/canton-overview"
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        "The rug sequence",
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        "When NOT to over-index on this",
        "Related",
        "Sources"
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        "security/fork-and-rebrand-5-layer-audit-framework",
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        "systems/erc-4337-overview",
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        "https://finwiki.zksc.io/security/INDEX",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/etherscan-verified-source-poisoning",
        "https://finwiki.zksc.io/security/fork-and-rebrand-5-layer-audit-framework",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/security/typosquatting-package-detection-checklist.md",
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        "Related",
        "Sources"
      ],
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      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/exchanges/jp-vasp-security-audit-certification",
        "https://finwiki.zksc.io/security/INDEX",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
        "https://finwiki.zksc.io/security/fork-and-rebrand-5-layer-audit-framework",
        "https://finwiki.zksc.io/security/module-path-confusion-supply-chain-attack"
      ],
      "markdown_links": [
        "https://osv.dev/",
        "https://owasp.org/www-project-top-ten/"
      ],
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    {
      "source_path": "security/wayback-machine-as-forensic-tool.md",
      "url": "https://finwiki.zksc.io/security/wayback-machine-as-forensic-tool",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/security/wayback-machine-as-forensic-tool.md",
      "title": "能動的に de-publishされた内容の救出 — Wayback Machineをフォレンジック武器として使う",
      "domain": "security",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under FinWiki index. Read it with forensic identity anchor chain for peer context and systems index for the broader evidence boundary.",
      "headings": [
        "能動的に de-publishされた内容の救出 — Wayback Machineをフォレンジック武器として使う",
        "Wiki route",
        "操作手順",
        "When to Use",
        "When NOT to Use",
        "Provenance"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/global-crypto-forensics-vendor-layer",
        "exchanges/jp-vasp-incident-history",
        "exchanges/mtgox-bankruptcy-processing-timeline",
        "security/bytecode-forensic-three-tier-verify",
        "security/forensic-identity-anchor-chain",
        "security/fork-and-rebrand-5-layer-audit-framework",
        "systems/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-crypto-forensics-vendor-layer",
        "https://finwiki.zksc.io/exchanges/jp-vasp-incident-history",
        "https://finwiki.zksc.io/exchanges/mtgox-bankruptcy-processing-timeline",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/security/forensic-identity-anchor-chain",
        "https://finwiki.zksc.io/security/fork-and-rebrand-5-layer-audit-framework",
        "https://finwiki.zksc.io/systems/INDEX"
      ],
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    {
      "source_path": "structured-finance/INDEX.md",
      "url": "https://finwiki.zksc.io/structured-finance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/INDEX.md",
      "title": "Structured Finance Index",
      "domain": "structured-finance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "This domain routes structured-finance knowledge: how Japan's asset-backed securities, residential and commercial mortgage-backed deals, securitization SPVs, trust beneficial interests, and credit-rating methodologies fit together. It connects originator banks and finance companies in banking/INDEX a",
      "headings": [
        "Structured Finance Index",
        "TL;DR",
        "Start here",
        "Routing",
        "Routing principles",
        "JapanFG anchors",
        "Related domains",
        "Research control",
        "Maintenance",
        "Sources"
      ],
      "wikilinks": [
        "JapanFG/INDEX",
        "JapanFG/jhf",
        "banking/INDEX",
        "card-issuers/aplus",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/toyota-finance",
        "finance/INDEX",
        "financial-regulators/jfc",
        "financial-regulators/jsda",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/toyota-financial",
        "money-market/INDEX",
        "policy-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "real-estate-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda\\",
        "structured-finance/consumer-loan-abs-japan-card-issuer\\",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/credit-rating-methodology-jcr-r-and-i\\",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-abs-market-overview\\",
        "structured-finance/japan-cmbs-issuance-structure\\",
        "structured-finance/japan-rmbs-issuance-structure\\",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/japan-trust-beneficial-interest-vs-spv\\",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/jhf-mbs-mechanics\\",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread\\",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "structured-finance/spv-tk-gk-vehicle-japan-tax\\",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/financial-regulators/jsda",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/money-market/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4975,
      "word_like_tokens": 758,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/abcp-conduit-japan-megabank.md",
      "url": "https://finwiki.zksc.io/structured-finance/abcp-conduit-japan-megabank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/abcp-conduit-japan-megabank.md",
      "title": "ABCP conduit (asset-backed commercial paper) — Japan megabank-sponsored programs",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "ABCP conduits are off-balance-sheet special-purpose vehicles (TK / GK SPV structures) that buy short-tenor receivables from corporate sellers and fund the purchases by issuing yen-denominated commercial paper into the JSDA-overseen domestic CP market, with a liquidity backstop from the sponsor megab",
      "headings": [
        "ABCP conduit (asset-backed commercial paper) — Japan megabank-sponsored programs",
        "TL;DR",
        "Wiki route",
        "1. What an ABCP conduit looks like",
        "2. Japan megabank conduit programs",
        "3. Liquidity backstop — the structural anchor",
        "4. Post-2008 contraction",
        "5. Current market size and structure",
        "6. Foreign-investor base",
        "7. Comparison to term ABS"
      ],
      "wikilinks": [
        "finance/INDEX",
        "financial-conglomerates/toyota-tsusho-corp",
        "financial-regulators/boj",
        "financial-regulators/japan-exchange-group",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/toyota-tsusho-corp",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10990,
      "word_like_tokens": 1824,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/aircraft-leasing-financing-japan-shosha.md",
      "url": "https://finwiki.zksc.io/structured-finance/aircraft-leasing-financing-japan-shosha",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/aircraft-leasing-financing-japan-shosha.md",
      "title": "Aircraft leasing financing — Japan sōgō shōsha and leasing-company involvement",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese aircraft leasing has two intertwined channels: (1) Japanese operating-lessor platforms (Mitsubishi HC Capital aircraft division, SMFL aircraft, Mizuho Leasing, Tokyo Century via stake in ACG/Aviation Capital Group) holding aircraft on balance sheet and leasing to global airlines, and (2) Ja",
      "headings": [
        "Aircraft leasing financing — Japan sōgō shōsha and leasing-company involvement",
        "TL;DR",
        "Wiki route",
        "1. The aircraft-leasing market — short refresher",
        "2. Japanese operating-lessor platforms",
        "3. JOL / JOLCO — the tax-structured ownership market",
        "JOL vs JOLCO",
        "4. Cross-border SPV tax structure",
        "5. Sōgō shōsha role",
        "6. Aircraft aviation captives"
      ],
      "wikilinks": [
        "finance/INDEX",
        "financial-conglomerates/marubeni-corp",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sumitomo-corp",
        "financial-regulators/boj",
        "financial-regulators/japan-exchange-group",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-project-finance-stack-diagram",
        "real-estate-finance/INDEX",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-securities",
        "securities-firms/smbc-nikko",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/ship-financing-japan-megabank",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/marubeni-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/ship-financing-japan-megabank",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 12676,
      "word_like_tokens": 1940,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/auto-loan-abs-japan-toyota-honda.md",
      "url": "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/auto-loan-abs-japan-toyota-honda.md",
      "title": "Auto-loan ABS Japan (Toyota Finance, Honda Finance, Nissan Credit)",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Auto-loan ABS in Japan are issued by captive finance subsidiaries of the Japanese auto OEMs and by bank-affiliated auto-finance companies. The largest repeat issuers are card-issuers/toyota-finance, leasing-firms/toyota-financial (for cross-border), Honda Finance, Nissan Credit, Mitsubishi UFJ Capit",
      "headings": [
        "Auto-loan ABS Japan (Toyota Finance, Honda Finance, Nissan Credit)",
        "TL;DR",
        "Wiki route",
        "1. Repeat issuers",
        "2. Typical structure",
        "3. Weighted-average APR",
        "4. Default modeling",
        "5. Lease ABS — residual-value risk",
        "6. Investor base",
        "7. Dealer floorplan ABS"
      ],
      "wikilinks": [
        "card-issuers/toyota-finance",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/toyota-financial",
        "structured-finance/INDEX",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6620,
      "word_like_tokens": 1062,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "structured-finance/consumer-loan-abs-japan-card-issuer.md",
      "url": "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/consumer-loan-abs-japan-card-issuer.md",
      "title": "Consumer-loan / card-receivable ABS Japan (Aplus, Orico, JACCS, MUFG NICOS)",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Consumer-loan and card-receivable ABS in Japan are issued by major consumer-finance and card-issuing companies — card-issuers/aplus, card-issuers/orico, card-issuers/jaccs, card-issuers/mufg-nicos, and others — and use revolving-pool structures with early-amortization triggers. The asset class is st",
      "headings": [
        "Consumer-loan / card-receivable ABS Japan (Aplus, Orico, JACCS, MUFG NICOS)",
        "TL;DR",
        "Wiki route",
        "1. Repeat issuers",
        "2. Revolving structure",
        "3. Early-amortization triggers",
        "4. Cyclical default rate",
        "5. Tranching",
        "6. Credit enhancement",
        "7. Vehicle choice"
      ],
      "wikilinks": [
        "card-issuers/aeon-financial-service",
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6766,
      "word_like_tokens": 1032,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "structured-finance/credit-rating-methodology-jcr-r-and-i.md",
      "url": "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/credit-rating-methodology-jcr-r-and-i.md",
      "title": "Credit rating methodology (JCR, R&I) for Japan structured finance",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JCR (Japan Credit Rating Agency) and R&I (Rating and Investment Information) are Japan's two dominant domestic credit rating agencies for structured finance. Both are FSA-designated as credit rating agencies (the Japanese equivalent of NRSRO designation), and both publish detailed structured-finance",
      "headings": [
        "Credit rating methodology (JCR, R&I) for Japan structured finance",
        "TL;DR",
        "Wiki route",
        "1. JCR — Japan Credit Rating Agency",
        "2. R&I — Rating and Investment Information",
        "3. FSA designation (NRSRO equivalent)",
        "4. Methodology vs S&P / Moody's / Fitch",
        "5. Structured-finance criteria — common elements",
        "6. RMBS criteria specifics",
        "7. CMBS criteria specifics"
      ],
      "wikilinks": [
        "banking/INDEX",
        "finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 1176,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "structured-finance/fitch-moody-sp-japan-criteria.md",
      "url": "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/fitch-moody-sp-japan-criteria.md",
      "title": "Fitch / Moody's / S&P Japan structured-finance criteria — global agencies vs JCR / R&I",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese securitisations are dual-rated: the domestic agencies JCR and R&I cover the yen-denominated investor base (life insurers, regional banks, Japan Post Bank), while Moody's, S&P, and Fitch are added when the deal targets foreign investors or USD-denominated tranches. The split-rating gap can b",
      "headings": [
        "Fitch / Moody's / S&P Japan structured-finance criteria — global agencies vs JCR / R&I",
        "TL;DR",
        "Wiki route",
        "1. The three global agencies — Japan structured-finance footprint",
        "2. Sovereign-rating cap — the structural ceiling",
        "3. Differences in modelling assumptions",
        "3a. Default frequency / transition matrix",
        "3b. Recovery assumption",
        "3c. Cash-flow stress",
        "4. Transition matrix differences — empirical observation"
      ],
      "wikilinks": [
        "cooperative-banks/norinchukin",
        "derivatives/japan-cds-market-overview",
        "finance/INDEX",
        "financial-regulators/boj",
        "financial-regulators/japan-exchange-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-securities",
        "securities-firms/smbc-nikko",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10842,
      "word_like_tokens": 1831,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/infrastructure-finance-spv-japan.md",
      "url": "https://finwiki.zksc.io/structured-finance/infrastructure-finance-spv-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/infrastructure-finance-spv-japan.md",
      "title": "Infrastructure finance SPV in Japan — PFI, PPP, toll roads, airports, telecom towers",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese infrastructure financing combines (1) traditional public-works financing (central / local government, JFC, JBIC, DBJ) for sovereign-backed projects, (2) PFI (Private Finance Initiative) structures since the 1999 PFI Law that involve private SPVs delivering and financing public-purpose infra",
      "headings": [
        "Infrastructure finance SPV in Japan — PFI, PPP, toll roads, airports, telecom towers",
        "TL;DR",
        "Wiki route",
        "1. The PFI framework (1999+)",
        "2. PFI SPV structure",
        "3. Airport concessions — the flagship PFI segment",
        "4. Toll roads — NEXCO public-corporation structure",
        "5. Telecom towers — emerging asset class",
        "6. Infrastructure-J-REIT and Infrastructure-Fund market",
        "6a. J-REIT infrastructure-flavour funds"
      ],
      "wikilinks": [
        "finance/INDEX",
        "financial-regulators/boj",
        "financial-regulators/dbj",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jbic",
        "leasing-firms/orix-corp",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/nexi",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/aircraft-leasing-financing-japan-shosha",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/project-finance-spv-japan-renewable",
        "structured-finance/ship-financing-japan-megabank",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/aircraft-leasing-financing-japan-shosha",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable",
        "https://finwiki.zksc.io/structured-finance/ship-financing-japan-megabank",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11946,
      "word_like_tokens": 1805,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-abs-market-overview.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-abs-market-overview.md",
      "title": "Japan ABS market overview",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan's asset-backed securities market is split into three rough layers: the very large JHF MBS layer (Japan Housing Finance Agency, government-supported senior class), the private RMBS layer (jumbo mortgage pools originated by megabanks and trust banks), and the consumer / auto / CMBS / project lay",
      "headings": [
        "Japan ABS market overview",
        "TL;DR",
        "Wiki route",
        "1. Market layer map",
        "2. Originator landscape",
        "3. Dealer / arranger landscape",
        "4. Total market size signals",
        "5. Rating-agency criteria",
        "6. Post-2008 evolution",
        "7. Why it matters"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/aplus",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/toyota-finance",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/toyota-financial",
        "life-insurers/asahi-life",
        "life-insurers/daido-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-housing-finance-agency",
        "real-estate-finance/INDEX",
        "securities-firms/daiwa-sg",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-mums",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/life-insurers/asahi-life",
        "https://finwiki.zksc.io/life-insurers/daido-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-mums",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6383,
      "word_like_tokens": 1021,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "structured-finance/japan-auto-loan-abs-waterfall-mechanics.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-auto-loan-abs-waterfall-mechanics.md",
      "title": "Japan auto-loan ABS waterfall mechanics — originator-servicer split, sub-class economics",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan auto-loan ABS — the ~JPY 1.5–2 trillion annual issuance segment dominated by captive originators (Toyota Finance, Toyota Financial Services cross-border shelf, Honda Finance, Nissan Credit) and bank-affiliated multi-brand originators (Sumitomo Mitsui Auto Service, Orient Corporation, MUFG Capi",
      "headings": [
        "Japan auto-loan ABS waterfall mechanics — originator-servicer split, sub-class economics",
        "TL;DR",
        "Wiki route",
        "1. Originator–servicer split — who does what",
        "2. Pool composition — new-car vs used-car split",
        "3. The interest waterfall — collection order",
        "4. The principal waterfall — sequential vs pro-rata",
        "4a. Sequential pay (most common — ~80% of Japan domestic auto-loan ABS)",
        "4b. Pro-rata pay (selective — Toyota Financial Services cross-border shelf, some captive deals)",
        "5. Credit enhancement stack — overcollateralization, subordination, spread account"
      ],
      "wikilinks": [
        "card-issuers/orico",
        "card-issuers/toyota-finance",
        "leasing-firms/sumitomo-mitsui-auto-service",
        "leasing-firms/toyota-financial",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-securities",
        "securities-firms/smbc-nikko",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/fitch-moody-sp-japan-criteria",
        "structured-finance/japan-consumer-loan-abs-structure",
        "structured-finance/japan-credit-card-receivable-abs",
        "structured-finance/japan-equipment-lease-abs",
        "structured-finance/japan-securitization-product-matrix",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/nochu-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/leasing-firms/sumitomo-mitsui-auto-service",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
        "https://finwiki.zksc.io/structured-finance/japan-consumer-loan-abs-structure",
        "https://finwiki.zksc.io/structured-finance/japan-credit-card-receivable-abs",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs",
        "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 17342,
      "word_like_tokens": 2940,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-clo-issuance-japanese-banks.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-clo-issuance-japanese-banks",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-clo-issuance-japanese-banks.md",
      "title": "Japanese banks as CLO investors — Norinchukin, JPost, regional banks",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese banks — led by Norinchukin, with Japan Post Bank and a tier of regional banks behind it — became the world's single largest holder of US broadly-syndicated-loan (BSL) CLOs over the 2010s, drawn by the rate pickup over yen JGBs and the perceived AAA / AA security of the senior tranches. The",
      "headings": [
        "Japanese banks as CLO investors — Norinchukin, JPost, regional banks",
        "TL;DR",
        "Wiki route",
        "1. What CLOs are — short refresher",
        "2. The Japanese buyer base — three concentric tiers",
        "Tier 1: Norinchukin",
        "Tier 2: Japan Post Bank",
        "Tier 3: Regional banks",
        "3. Dodd-Frank Section 941 risk-retention — the 2010s regulatory arc",
        "2014–2016: Initial implementation"
      ],
      "wikilinks": [
        "cooperative-banks/norinchukin",
        "derivatives/japan-cds-market-overview",
        "finance/INDEX",
        "finance/japan-leveraged-buyout-economics",
        "financial-regulators/japan-exchange-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
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      "nonspace_chars": 11176,
      "word_like_tokens": 1892,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-cmbs-issuance-structure.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-cmbs-issuance-structure.md",
      "title": "Japan CMBS issuance structure",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan CMBS is split between single-borrower (single-asset or small-pool, one sponsor) and conduit (multiple uncorrelated borrowers, larger pool) structures. The market peaked in 2006-2007, was devastated by the 2008-2010 global financial crisis with many defaults at maturity rollover, and stayed lar",
      "headings": [
        "Japan CMBS issuance structure",
        "TL;DR",
        "Wiki route",
        "1. Structure types",
        "2. Tranching",
        "3. B-piece buyer market",
        "4. Recovery scenarios",
        "5. Post-2008 issuance drop",
        "6. Market revival 2020s",
        "7. Vehicle choice"
      ],
      "wikilinks": [
        "banking/INDEX",
        "finance/japan-acquisition-finance",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6030,
      "word_like_tokens": 971,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "structured-finance/japan-consumer-loan-abs-structure.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-consumer-loan-abs-structure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-consumer-loan-abs-structure.md",
      "title": "Japan consumer-loan ABS structure — dynamic-pool, interest-rate ceiling, early-amortization",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan consumer-loan ABS — issued in modest annual volumes (~JPY 300–600 bn) by the surviving consumer-finance and shopping-credit originators (Acom under MUFG, Aiful, SMBC Consumer Finance, Aplus under SBI / others, Orient Corp under Mizuho-Itochu, JACCS) — uses dynamic-pool revolving structures wit",
      "headings": [
        "Japan consumer-loan ABS structure — dynamic-pool, interest-rate ceiling, early-amortization",
        "TL;DR",
        "Wiki route",
        "1. The five repeat issuers — post-2006 survivor set",
        "2. Pool composition — unsecured vs secured, mukotei vs yutei",
        "3. Dynamic-pool replenishment — the revolving phase",
        "4. The early-amortization trigger structure — investor protection",
        "5. Credit enhancement stack — deeper than secured ABS",
        "6. The waterfall — interest priority then sequential principal",
        "7. Default modelling — vintage curves and the 2006 reset"
      ],
      "wikilinks": [
        "JapanFG/funds",
        "JapanFG/lendable",
        "banking/INDEX",
        "card-issuers/aplus",
        "card-issuers/jaccs",
        "card-issuers/orico",
        "consumer-finance/acom",
        "consumer-finance/aiful",
        "consumer-finance/smbc-consumer-finance",
        "finance/INDEX",
        "payment-firms/bnpl-landscape",
        "regional-banks/sbi-shinsei",
        "structured-finance/INDEX",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/fitch-moody-sp-japan-criteria",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "structured-finance/japan-credit-card-receivable-abs",
        "structured-finance/japan-equipment-lease-abs",
        "structured-finance/japan-securitization-product-matrix",
        "structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/aplus",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/consumer-finance/acom",
        "https://finwiki.zksc.io/consumer-finance/aiful",
        "https://finwiki.zksc.io/consumer-finance/smbc-consumer-finance",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "https://finwiki.zksc.io/structured-finance/japan-credit-card-receivable-abs",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs",
        "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
        "https://finwiki.zksc.io/structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15073,
      "word_like_tokens": 2415,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-covered-bond-mufg-smbc.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-covered-bond-mufg-smbc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-covered-bond-mufg-smbc.md",
      "title": "Japanese megabank covered bonds — MUFG, SMBC EUR/USD programs",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japanese megabanks — led by MUFG Bank and SMBC — issue EUR and USD covered bonds to international investors as a USD/EUR-denominated funding source positioned between senior unsecured bonds and traditional RMBS securitization. The covered-bond programs are contractually structured (rather than s",
      "headings": [
        "Japanese megabank covered bonds — MUFG, SMBC EUR/USD programs",
        "TL;DR",
        "Wiki route",
        "1. What a covered bond is — short refresher",
        "2. European statutory vs Japanese contractual structure",
        "MUFG Bank covered bond program",
        "SMBC covered bond program",
        "4. Cover pool composition — residential mortgages",
        "5. Pricing vs senior unsecured",
        "6. Covered bond vs RMBS — funding-instrument choice"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/moodys-japan",
        "JapanFG/sp-global-ratings-japan",
        "finance/INDEX",
        "financial-regulators/jcr",
        "financial-regulators/rating-and-investment",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-clo-issuance-japanese-banks",
        "structured-finance/japan-green-securitization",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "structured-finance/synthetic-securitization-japan-bank-rwa-relief",
        "structured-finance/tmk-special-purpose-company-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jcr",
        "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-clo-issuance-japanese-banks",
        "https://finwiki.zksc.io/structured-finance/japan-green-securitization",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/structured-finance/synthetic-securitization-japan-bank-rwa-relief",
        "https://finwiki.zksc.io/structured-finance/tmk-special-purpose-company-mechanics"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11460,
      "word_like_tokens": 1784,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-credit-card-receivable-abs.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-credit-card-receivable-abs",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-credit-card-receivable-abs.md",
      "title": "Japan credit-card receivable ABS — master trust framework, 期間延長, default triggers",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan credit-card receivable ABS — issued in modest annual volumes (~JPY 400–700 bn) by JCB, Mitsubishi UFJ Nicos, Credit Saison, Orient Corp, AEON Financial Service, and JACCS — uses a master-trust framework in which a single trust structure issues multiple series of senior bonds over time backed b",
      "headings": [
        "Japan credit-card receivable ABS — master trust framework, 期間延長, default triggers",
        "TL;DR",
        "Wiki route",
        "1. The six repeat issuers — Japan card-receivable ABS landscape",
        "2. The master-trust framework — what it is",
        "3. Card-receivable pool composition",
        "4. The 期間延長 (term extension) mechanism",
        "5. The series-issuance mechanics",
        "6. Default trigger structure",
        "Pool-level triggers (master-trust-wide)"
      ],
      "wikilinks": [
        "card-issuers/aeon-financial-service",
        "card-issuers/credit-saison",
        "card-issuers/jaccs",
        "card-issuers/jcb",
        "card-issuers/mufg-nicos",
        "card-issuers/orico",
        "card-issuers/sumitomo-mitsui-card",
        "payment-firms/bnpl-landscape",
        "payments/INDEX",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-securities",
        "securities-firms/smbc-nikko",
        "structured-finance/INDEX",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/fitch-moody-sp-japan-criteria",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "structured-finance/japan-consumer-loan-abs-structure",
        "structured-finance/japan-equipment-lease-abs",
        "structured-finance/japan-securitization-product-matrix",
        "structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/card-issuers/aeon-financial-service",
        "https://finwiki.zksc.io/card-issuers/credit-saison",
        "https://finwiki.zksc.io/card-issuers/jaccs",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/mufg-nicos",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/payment-firms/bnpl-landscape",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "https://finwiki.zksc.io/structured-finance/japan-consumer-loan-abs-structure",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs",
        "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
        "https://finwiki.zksc.io/structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 15442,
      "word_like_tokens": 2493,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-equipment-lease-abs.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-equipment-lease-abs.md",
      "title": "Japan equipment lease ABS — residual-value risk, true-lease vs finance-lease split",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan equipment lease ABS — issued in modest annual volumes (~JPY 200–400 bn) by the three major independent leasing companies (Mitsubishi HC Capital, Tokyo Century, ORIX) and bank-affiliated leasing arms (Fuyo Lease under Mizuho-Marubeni, Sumitomo Mitsui Finance & Leasing under SMFG, IBJ Leasing un",
      "headings": [
        "Japan equipment lease ABS — residual-value risk, true-lease vs finance-lease split",
        "TL;DR",
        "Wiki route",
        "1. The repeat issuer landscape",
        "2. Pool composition — equipment-type mix",
        "3. True-lease vs finance-lease — the central distinction",
        "4. Residual-value risk modelling",
        "5. Comparison with auto-lease ABS",
        "6. Credit enhancement stack",
        "7. The waterfall — split between rental and residual"
      ],
      "wikilinks": [
        "finance/INDEX",
        "leasing-firms/chibagin-leasing",
        "leasing-firms/fuyo-lease",
        "leasing-firms/ibj-leasing",
        "leasing-firms/iyogin-leasing",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/orix-corp",
        "leasing-firms/ricoh-leasing",
        "leasing-firms/tokyo-century",
        "leasing-firms/yokohama-bank-leasing",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/aircraft-leasing-financing-japan-shosha",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/fitch-moody-sp-japan-criteria",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "structured-finance/japan-consumer-loan-abs-structure",
        "structured-finance/japan-credit-card-receivable-abs",
        "structured-finance/japan-securitization-product-matrix",
        "structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/leasing-firms/chibagin-leasing",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/ibj-leasing",
        "https://finwiki.zksc.io/leasing-firms/iyogin-leasing",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/ricoh-leasing",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/yokohama-bank-leasing",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/aircraft-leasing-financing-japan-shosha",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "https://finwiki.zksc.io/structured-finance/japan-consumer-loan-abs-structure",
        "https://finwiki.zksc.io/structured-finance/japan-credit-card-receivable-abs",
        "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
        "https://finwiki.zksc.io/structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 16724,
      "word_like_tokens": 2666,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-green-securitization.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-green-securitization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-green-securitization.md",
      "title": "Green securitization in Japan — Green RMBS, ABS, SLB, Climate Bonds certification",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The market operates under the ICMA Green Bond Principles / Sustainability Bond Guidelines framework supplemented by Japan-specific FSA principles (most notably the FSA / METI / MOE Green Bond Guidelines) and increasingly Climate Bonds Initiative (CBI) certification for global investor recognition. T",
      "headings": [
        "Green securitization in Japan — Green RMBS, ABS, SLB, Climate Bonds certification",
        "TL;DR",
        "Wiki route",
        "1. Green / sustainable securitization — framework",
        "2. Japanese regulatory framework",
        "3. Green RMBS — JHF green Flat-35-S anchor",
        "Megabank green RMBS",
        "4. Green ABS — renewable and EV-charging receivables",
        "5. Sustainability-linked bond (SLB) overlay",
        "6. Climate Bonds Initiative (CBI) certification"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-covered-bond-mufg-smbc",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/project-finance-spv-japan-renewable",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "structured-finance/tmk-special-purpose-company-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-covered-bond-mufg-smbc",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/structured-finance/tmk-special-purpose-company-mechanics"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 12053,
      "word_like_tokens": 1848,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/japan-rmbs-issuance-structure.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-rmbs-issuance-structure.md",
      "title": "Japan RMBS issuance structure",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Private RMBS in Japan are usually jumbo deals backed by megabank-originated residential mortgages. They sit alongside but distinct from JHF MBS: JHF MBS is government-supported and backed by Flat 35 fixed-rate loans, while private RMBS are megabank originations with their own credit enhancement and",
      "headings": [
        "Japan RMBS issuance structure",
        "TL;DR",
        "Wiki route",
        "1. Originators",
        "2. Comparison to JHF MBS",
        "3. Structure — typical tranching",
        "4. Credit enhancement",
        "5. Prepayment modeling",
        "6. Vehicle choice",
        "7. Servicing"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-housing-finance-agency",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
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        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
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      "url": "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-securitization-product-matrix.md",
      "title": "Japan securitization product matrix",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This matrix compares the major ABS-class securitization products issued in Japan across a single set of dimensions: typical issuer / sponsor, originator asset pool, SPV vehicle choice (TMK / GK-TK / TK only / trust beneficial interest / none), typical AAA-tranche rating, rating-agency split (JCR / R",
      "headings": [
        "Japan securitization product matrix",
        "TL;DR",
        "Wiki route",
        "1. The product matrix — single-table master",
        "2. Vehicle-choice matrix — which SPV is used",
        "3. Rating-agency split matrix",
        "4. Distributor channel matrix",
        "5. Regulatory-home matrix",
        "6. Risk-transfer-type matrix",
        "Investor-side appetite matrix"
      ],
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        "card-issuers/credit-saison",
        "card-issuers/credit-saison\\",
        "card-issuers/jaccs",
        "card-issuers/jaccs\\",
        "card-issuers/jcb",
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      "source_path": "structured-finance/japan-trust-beneficial-interest-vs-spv.md",
      "url": "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/japan-trust-beneficial-interest-vs-spv.md",
      "title": "Trust beneficial interest vs SPV (Japan securitization vehicle)",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese securitization deals can use either an SPV (TK-GK, TMK, etc.) or a trust beneficial interest (信託受益権) as the issuance vehicle. Trust beneficial interest is its own securitization vehicle, not just a wrapper: the originator transfers assets to a trust, the trust holds the assets, and trust be",
      "headings": [
        "Trust beneficial interest vs SPV (Japan securitization vehicle)",
        "TL;DR",
        "Wiki route",
        "1. Trust beneficial interest as securitization vehicle",
        "2. Single-asset trust (信託受益権の流動化)",
        "3. Multi-asset trust",
        "4. Trust vs SPV comparison",
        "5. Why trust is used for RMBS",
        "6. Why SPV is used for auto / consumer ABS",
        "7. Dual-listed / combined structures"
      ],
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        "banking/master-trust-bank-operating-model",
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        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/jhf-mbs-mechanics",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/sumitomo-mitsui-trust"
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        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
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        "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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    {
      "source_path": "structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook.md",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/jcr-ri-japan-securitization-rating-methodology-operating-playbook.md",
      "title": "JCR / R&I Japan securitization rating methodology operating playbook",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JCR (株式会社日本格付研究所) and R&I (格付投資情報センター) are the two FSA-designated domestic credit rating agencies dominating Japan structured finance. Their operating methodology for ABS / RMBS / CMBS / consumer / card / lease ratings follows a four-step playbook: (1) asset-class-specific stressed default rate (SDR",
      "headings": [
        "JCR / R&I Japan securitization rating methodology operating playbook",
        "TL;DR",
        "Wiki route",
        "1. JCR and R&I — the agency identities",
        "2. The asset-class methodology architecture",
        "3. The stressed default rate (SDR) calculation",
        "3a. Base-case default frequency",
        "3b. Stress multipliers by rating category",
        "3c. Adjustments for pool-specific features",
        "4. Cash-flow modeling"
      ],
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        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-auto-loan-abs-waterfall-mechanics",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-consumer-loan-abs-structure",
        "structured-finance/japan-credit-card-receivable-abs",
        "structured-finance/japan-equipment-lease-abs",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-securitization-product-matrix",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "trust-banks/nochu-trust-bank",
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        "https://finwiki.zksc.io/structured-finance/japan-auto-loan-abs-waterfall-mechanics",
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        "https://finwiki.zksc.io/structured-finance/japan-consumer-loan-abs-structure",
        "https://finwiki.zksc.io/structured-finance/japan-credit-card-receivable-abs",
        "https://finwiki.zksc.io/structured-finance/japan-equipment-lease-abs",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-securitization-product-matrix",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
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      "url": "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/jhf-mbs-mechanics.md",
      "title": "JHF MBS mechanics (Japan Housing Finance Agency)",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "The Japan Housing Finance Agency (JHF) runs a monthly MBS issuance program backed by Flat 35 fixed-rate residential mortgages originated by private financial institutions. JHF buys the loans via its securitization-support program, packages them into an \"MBS Trust\" structure, and issues MBS where the",
      "headings": [
        "JHF MBS mechanics (Japan Housing Finance Agency)",
        "TL;DR",
        "Wiki route",
        "1. Flat 35 origination",
        "2. Monthly MBS issuance cadence",
        "3. MBS Trust structure",
        "4. Government-supported senior class",
        "5. Subordinated portion",
        "6. Prepayment behavior",
        "7. Investor base"
      ],
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        "financial-regulators/jfc",
        "policy-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
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        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
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      "url": "https://finwiki.zksc.io/structured-finance/jhf-mbs-vs-private-rmbs-spread",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/jhf-mbs-vs-private-rmbs-spread.md",
      "title": "JHF MBS vs private RMBS spread",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
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      "summary": "JHF MBS senior tranches trade tight vs JGB — typically in the 10-30bp range — reflecting effective sovereign-linked credit and predictable monthly supply. Private RMBS senior tranches trade meaningfully wider — typically 50-100bp vs JGB — reflecting the absence of government support and reliance on",
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        "1. Spread benchmarks",
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        "3. Government-support spread component",
        "4. Prepayment behavior difference",
        "5. Institutional investor preference",
        "6. Curve dynamics",
        "7. Implications for structuring decisions"
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        "money-market/INDEX",
        "policy-finance/INDEX",
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        "structured-finance/INDEX",
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        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/jhf-mbs-mechanics"
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        "https://finwiki.zksc.io/money-market/INDEX",
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        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
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    {
      "source_path": "structured-finance/npl-securitization-japan.md",
      "url": "https://finwiki.zksc.io/structured-finance/npl-securitization-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/npl-securitization-japan.md",
      "title": "NPL securitisation in Japan — post-1997 cycle, RCC, and distressed-debt buyers",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "NPL (non-performing loan) securitisation in Japan was the structural mechanism that processed the massive bad-debt overhang of the post-1997 banking crisis: failing banks transferred problem loans to the Resolution and Collection Corporation (RCC), which then sold pools of loans (often via TK / GK S",
      "headings": [
        "NPL securitisation in Japan — post-1997 cycle, RCC, and distressed-debt buyers",
        "TL;DR",
        "Wiki route",
        "1. Post-1997 NPL crisis — the setup",
        "2. RCC's role",
        "3. Securitisation structure for NPL pools",
        "4. The foreign distressed-debt buyers",
        "5. Decline of the cycle (2005–2019)",
        "6. Post-pandemic mini-cycle (2020–present)",
        "7. Mechanics — illustrative NPL securitisation"
      ],
      "wikilinks": [
        "derivatives/japan-cds-market-overview",
        "finance/INDEX",
        "finance/japan-leveraged-buyout-economics",
        "financial-regulators/boj",
        "financial-regulators/jbic",
        "financial-regulators/rcc",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-project-finance-stack-diagram",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/rcc",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11389,
      "word_like_tokens": 1833,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/project-finance-spv-japan-renewable.md",
      "url": "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/project-finance-spv-japan-renewable.md",
      "title": "Project finance SPV for renewables in Japan — solar, wind, geothermal",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japanese renewable-energy projects — solar (utility-scale PV), onshore and offshore wind, geothermal, and biomass — are typically financed through limited-recourse TK / GK SPV structures with equity from sōgō shōsha consortia, debt from a megabank-led syndicate often joined by regional banks, and re",
      "headings": [
        "Project finance SPV for renewables in Japan — solar, wind, geothermal",
        "TL;DR",
        "Wiki route",
        "1. The FIT era (2012–2022) — context",
        "2. Typical FIT-era utility-scale solar SPV structure",
        "3. Wind onshore — structure",
        "4. Offshore wind — the new centre of gravity",
        "5. Geothermal — small but strategically supported",
        "6. The 2022 FIT → FIP transition",
        "7. Refinancing cycle"
      ],
      "wikilinks": [
        "finance/INDEX",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sumitomo-corp",
        "financial-regulators/boj",
        "financial-regulators/dbj",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jbic",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/INDEX",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jbic-overseas-investment-underwriting-process",
        "policy-finance/nexi",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/dbj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jbic-overseas-investment-underwriting-process",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 11287,
      "word_like_tokens": 1804,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/repackaging-note-japan.md",
      "url": "https://finwiki.zksc.io/structured-finance/repackaging-note-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/repackaging-note-japan.md",
      "title": "Repackaging note in Japan (リパッケージ債) — SPV-wrapped bond / loan repackaging",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "A repackaging note (リパッケージ債, \"repack\") is a structured-credit product in which an SPV purchases an underlying debt asset (a bond, a loan, a basket of bonds), enters into derivative overlays (currency swap, interest-rate swap, sometimes credit-default swap), and reissues new notes to investors with a",
      "headings": [
        "Repackaging note in Japan (リパッケージ債) — SPV-wrapped bond / loan repackaging",
        "TL;DR",
        "Wiki route",
        "1. The repack — basic mechanics",
        "2. Institutional vs retail repacks",
        "3. Use cases — what gets repackaged",
        "4. Dealer franchise — megabank securities vs foreign IB",
        "5. SPV / legal structure",
        "6. Rating treatment",
        "7. The post-2008 evolution"
      ],
      "wikilinks": [
        "derivatives/japan-cds-market-overview",
        "finance/INDEX",
        "financial-regulators/boj",
        "financial-regulators/japan-exchange-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "securities-firms/daiwa-securities",
        "securities-firms/mizuho-securities",
        "securities-firms/mufg-securities",
        "securities-firms/nomura-securities",
        "securities-firms/smbc-nikko",
        "structured-finance/INDEX",
        "structured-finance/abcp-conduit-japan-megabank",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/securities-firms/mufg-securities",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/abcp-conduit-japan-megabank",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11587,
      "word_like_tokens": 1789,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/ship-financing-japan-megabank.md",
      "url": "https://finwiki.zksc.io/structured-finance/ship-financing-japan-megabank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/ship-financing-japan-megabank.md",
      "title": "Ship financing in Japan — megabank ship-finance desks and shōsha lease subsidiaries",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Ship financing in Japan combines several layers: (1) megabank ship-finance desks at MUFG, SMBC, and Mizuho FG that have historically been top-tier global ship-lenders, providing senior secured loans to global and Japanese owners; (2) Japanese leasing companies (Mitsubishi HC Capital, SMFL, Mizuho Le",
      "headings": [
        "Ship financing in Japan — megabank ship-finance desks and shōsha lease subsidiaries",
        "TL;DR",
        "Wiki route",
        "1. The ship-finance market — short refresher",
        "2. Megabank ship-finance desks",
        "3. Post-2008 deleveraging and the European-bank exit",
        "4. Japanese leasing-company ship division",
        "5. KG / KS structures — the historical European analogue",
        "6. The Big-3 Japanese shipping companies — NYK, MOL, K-Line",
        "2018 container-arm merger into ONE"
      ],
      "wikilinks": [
        "JapanFG/k-line",
        "JapanFG/mitsui-osk-lines",
        "JapanFG/nyk-line",
        "finance/INDEX",
        "financial-conglomerates/mitsubishi-corp",
        "financial-conglomerates/mitsui-co",
        "financial-conglomerates/sumitomo-corp",
        "financial-regulators/boj",
        "financial-regulators/japan-exchange-group",
        "financial-regulators/jbic",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/orix-corp",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-project-finance-stack-diagram",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/aircraft-leasing-financing-japan-shosha",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "structured-finance/synthetic-securitization-japan-bank-rwa-relief"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/financial-conglomerates/mitsubishi-corp",
        "https://finwiki.zksc.io/financial-conglomerates/mitsui-co",
        "https://finwiki.zksc.io/financial-conglomerates/sumitomo-corp",
        "https://finwiki.zksc.io/financial-regulators/boj",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/aircraft-leasing-financing-japan-shosha",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/structured-finance/synthetic-securitization-japan-bank-rwa-relief"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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      "word_like_tokens": 2037,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/spv-tk-gk-vehicle-japan-tax.md",
      "url": "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/spv-tk-gk-vehicle-japan-tax.md",
      "title": "SPV TK / GK / TMK / SPC vehicle choice (Japan tax)",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Japan securitization deals use one of four main SPV structures: TK (匿名組合, silent partnership), GK (合同会社, LLC), TMK (特定目的会社, specified-purpose company under the asset-securitization law), or generic SPC. The most common private-placement structure is \"TK-GK\" — a GK acts as the asset-holding entity an",
      "headings": [
        "SPV TK / GK / TMK / SPC vehicle choice (Japan tax)",
        "TL;DR",
        "Wiki route",
        "1. Vehicle types — overview",
        "2. TK-GK scheme — the workhorse",
        "3. TMK — asset-securitization-law specified-purpose company",
        "4. Tax pass-through mechanics",
        "5. Off-balance-sheet criteria",
        "6. Asset-securitization-law SPC vs general SPC",
        "7. Public vs private placement"
      ],
      "wikilinks": [
        "banking/INDEX",
        "finance/INDEX",
        "real-estate-finance/INDEX",
        "structured-finance/INDEX",
        "structured-finance/auto-loan-abs-japan-toyota-honda",
        "structured-finance/consumer-loan-abs-japan-card-issuer",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/jhf-mbs-mechanics"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/auto-loan-abs-japan-toyota-honda",
        "https://finwiki.zksc.io/structured-finance/consumer-loan-abs-japan-card-issuer",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/jhf-mbs-mechanics"
      ],
      "markdown_links": [],
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      "nonspace_chars": 7881,
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      "last_modified": "2026-05-29"
    },
    {
      "source_path": "structured-finance/synthetic-securitization-japan-bank-rwa-relief.md",
      "url": "https://finwiki.zksc.io/structured-finance/synthetic-securitization-japan-bank-rwa-relief",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/synthetic-securitization-japan-bank-rwa-relief.md",
      "title": "Synthetic securitisation in Japan — bank RWA relief via CLN / CDS on reference loan portfolios",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Synthetic securitisation — where a bank transfers credit risk on a reference loan portfolio to outside investors via a credit-default swap (CDS) or credit-linked note (CLN) structure without selling the underlying loans — is the modern Basel III tool for risk-weighted asset (RWA) relief on bank bala",
      "headings": [
        "Synthetic securitisation in Japan — bank RWA relief via CLN / CDS on reference loan portfolios",
        "TL;DR",
        "Wiki route",
        "1. The problem — bank capital constraints on loan growth",
        "2. The two paths to RWA relief",
        "3. Synthetic securitisation structure",
        "4. FSA capital-relief approval — the structural test",
        "5. Japanese megabank synthetic-SRT activity",
        "6. Investor base",
        "7. Comparison to true-sale ABS"
      ],
      "wikilinks": [
        "cooperative-banks/norinchukin",
        "derivatives/japan-cds-market-overview",
        "finance/INDEX",
        "finance/japan-leveraged-buyout-economics",
        "financial-regulators/japan-exchange-group",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "policy-finance/japan-project-finance-stack-diagram",
        "real-estate-finance/INDEX",
        "regional-banks/japan-post-bank",
        "structured-finance/INDEX",
        "structured-finance/abcp-conduit-japan-megabank",
        "structured-finance/aircraft-leasing-financing-japan-shosha",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/fitch-moody-sp-japan-criteria",
        "structured-finance/infrastructure-finance-spv-japan",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-clo-issuance-japanese-banks",
        "structured-finance/npl-securitization-japan",
        "structured-finance/project-finance-spv-japan-renewable",
        "structured-finance/repackaging-note-japan",
        "structured-finance/ship-financing-japan-megabank",
        "structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/derivatives/japan-cds-market-overview",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-leveraged-buyout-economics",
        "https://finwiki.zksc.io/financial-regulators/japan-exchange-group",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/regional-banks/japan-post-bank",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/abcp-conduit-japan-megabank",
        "https://finwiki.zksc.io/structured-finance/aircraft-leasing-financing-japan-shosha",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/fitch-moody-sp-japan-criteria",
        "https://finwiki.zksc.io/structured-finance/infrastructure-finance-spv-japan",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-clo-issuance-japanese-banks",
        "https://finwiki.zksc.io/structured-finance/npl-securitization-japan",
        "https://finwiki.zksc.io/structured-finance/project-finance-spv-japan-renewable",
        "https://finwiki.zksc.io/structured-finance/repackaging-note-japan",
        "https://finwiki.zksc.io/structured-finance/ship-financing-japan-megabank",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax"
      ],
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      "word_like_tokens": 1959,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "structured-finance/tmk-special-purpose-company-mechanics.md",
      "url": "https://finwiki.zksc.io/structured-finance/tmk-special-purpose-company-mechanics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/structured-finance/tmk-special-purpose-company-mechanics.md",
      "title": "TMK (特定目的会社) special-purpose-company mechanics",
      "domain": "structured-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "For FinWiki, TMK is the regulated-statutory-SPV node in the Japan securitization landscape. The choice between TMK and GK-TK is the foundational securitization-vehicle-choice decision for arrangers — TMK for public-bond issuance, regulatory-disclosure deals, listed CMBS, complex structures; GK-TK fo",
      "headings": [
        "TMK (特定目的会社) special-purpose-company mechanics",
        "TL;DR",
        "Wiki route",
        "1. Legal basis — Act on Securitization of Assets",
        "2. Issuance instruments",
        "3. Tax treatment — the distinctive feature",
        "4. Comparison with GK-TK",
        "5. TMK in current J-REIT structure",
        "6. TMK in listed CMBS",
        "7. TMK governance and ongoing obligations"
      ],
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        "INDEX",
        "JapanFG/moodys-japan",
        "JapanFG/sp-global-ratings-japan",
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        "real-estate-finance/INDEX",
        "real-estate-finance/gk-tk-bond-real-estate-spv",
        "real-estate-finance/j-reit-market-overview",
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        "structured-finance/INDEX",
        "structured-finance/credit-rating-methodology-jcr-r-and-i",
        "structured-finance/japan-abs-market-overview",
        "structured-finance/japan-cmbs-issuance-structure",
        "structured-finance/japan-covered-bond-mufg-smbc",
        "structured-finance/japan-green-securitization",
        "structured-finance/japan-rmbs-issuance-structure",
        "structured-finance/japan-trust-beneficial-interest-vs-spv",
        "structured-finance/spv-tk-gk-vehicle-japan-tax",
        "structured-finance/synthetic-securitization-japan-bank-rwa-relief"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jcr",
        "https://finwiki.zksc.io/financial-regulators/rating-and-investment",
        "https://finwiki.zksc.io/real-estate-finance/INDEX",
        "https://finwiki.zksc.io/real-estate-finance/gk-tk-bond-real-estate-spv",
        "https://finwiki.zksc.io/real-estate-finance/j-reit-market-overview",
        "https://finwiki.zksc.io/real-estate-finance/japan-cmbs-rmbs-securitization",
        "https://finwiki.zksc.io/structured-finance/INDEX",
        "https://finwiki.zksc.io/structured-finance/credit-rating-methodology-jcr-r-and-i",
        "https://finwiki.zksc.io/structured-finance/japan-abs-market-overview",
        "https://finwiki.zksc.io/structured-finance/japan-cmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-covered-bond-mufg-smbc",
        "https://finwiki.zksc.io/structured-finance/japan-green-securitization",
        "https://finwiki.zksc.io/structured-finance/japan-rmbs-issuance-structure",
        "https://finwiki.zksc.io/structured-finance/japan-trust-beneficial-interest-vs-spv",
        "https://finwiki.zksc.io/structured-finance/spv-tk-gk-vehicle-japan-tax",
        "https://finwiki.zksc.io/structured-finance/synthetic-securitization-japan-bank-rwa-relief"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
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    },
    {
      "source_path": "systems/INDEX.md",
      "url": "https://finwiki.zksc.io/systems/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/INDEX.md",
      "title": "systems — Protocol / Infrastructure / Technical Systems Index",
      "domain": "systems",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "systems/ contains 61 entries (excluding INDEX, 62 total) about blockchain infrastructure, cross-chain protocols, account abstraction, validator economics, institutional DLT, Ethereum upgrades, formal specification, and protocol implementation topics.",
      "headings": [
        "systems — Protocol / Infrastructure / Technical Systems Index",
        "TL;DR",
        "Routing Map",
        "Start Here",
        "Cross-Chain / Interoperability",
        "Ethereum / AA / Protocol Upgrades",
        "BFT / Validator Economics / L1 Architecture",
        "Institutional DLT / Enterprise Chains",
        "Formal Methods / Compliance",
        "Wave 6-7 additions (2026-05)"
      ],
      "wikilinks": [
        "systems/bft-validator-economy-four-variables",
        "systems/bft-validator-economy-overview",
        "systems/bft-validator-economy-tempo-vs-arc",
        "systems/bitcoin-scaling-2026-stacks-lightning-bitvm",
        "systems/bitflyer-blockchain",
        "systems/canton-daml-technical-spec",
        "systems/canton-mmf-coalition",
        "systems/canton-overview",
        "systems/cctp-v2-overview",
        "systems/cctp-v2-technical-spec",
        "systems/cctp-v2-vs-canton",
        "systems/chain-abstraction-pattern-overview",
        "systems/chain-abstraction-pattern-three-solutions",
        "systems/chain-abstraction-pattern-value-capture",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-bridge-security-insurance-matrix-2026",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-ccip-institutional",
        "systems/cross-chain-four-poles-overview",
        "systems/cross-chain-four-poles-selection-decision",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/data-availability-celestia-eigenda-blob-comparison",
        "systems/eigenlayer-avs-mechanism",
        "systems/eigenlayer-l1-bootstrapping",
        "systems/eigenlayer-overview",
        "systems/eip-4844-blob-economics-impact-2026",
        "systems/eip-7708-native-asset-erc20-event-compat",
        "systems/erc-4337-embedded-wallet-adoption",
        "systems/erc-4337-overview",
        "systems/erc-4337-userop-bundler-flow",
        "systems/erc-7702-overview",
        "systems/erc-7702-vs-erc-4337",
        "systems/formal-spec-implementation-codesign",
        "systems/hook-enforced-compliance",
        "systems/hyperlane-ism-modular-security",
        "systems/hyperlane-overview",
        "systems/hyperlane-vs-layerzero-ccip",
        "systems/hyperledger-besu-overview",
        "systems/hyperledger-besu-vs-canton-migration",
        "systems/institutional-dlt-adoption-comparison-2026",
        "systems/l1-progressive-decentralization-three-phase",
        "systems/l2-agent-economics-arbitrum-base-op-comparison",
        "systems/layerzero-v2-omnichain-messaging",
        "systems/multi-proof-aggregation-fault-prover",
        "systems/pectra-eip-7251-institutional-staking",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/pectra-upgrade-overview",
        "systems/polygon-agglayer-architecture-rollout",
        "systems/post-quantum-blockchain-day1-integration",
        "systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "systems/rollup-market-share-2026-arbitrum-optimism-base",
        "systems/solana-firedancer-validator-economics",
        "systems/threshold-bft-consensus-rust-implementations",
        "systems/vitalik-l1-l2-strategy-anchor",
        "systems/zk-evm-rollup-maturity-comparison-matrix-2026"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/bft-validator-economy-tempo-vs-arc",
        "https://finwiki.zksc.io/systems/bitcoin-scaling-2026-stacks-lightning-bitvm",
        "https://finwiki.zksc.io/systems/bitflyer-blockchain",
        "https://finwiki.zksc.io/systems/canton-daml-technical-spec",
        "https://finwiki.zksc.io/systems/canton-mmf-coalition",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-technical-spec",
        "https://finwiki.zksc.io/systems/cctp-v2-vs-canton",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-three-solutions",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-value-capture",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/data-availability-celestia-eigenda-blob-comparison",
        "https://finwiki.zksc.io/systems/eigenlayer-avs-mechanism",
        "https://finwiki.zksc.io/systems/eigenlayer-l1-bootstrapping",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/eip-4844-blob-economics-impact-2026",
        "https://finwiki.zksc.io/systems/eip-7708-native-asset-erc20-event-compat",
        "https://finwiki.zksc.io/systems/erc-4337-embedded-wallet-adoption",
        "https://finwiki.zksc.io/systems/erc-4337-overview",
        "https://finwiki.zksc.io/systems/erc-4337-userop-bundler-flow",
        "https://finwiki.zksc.io/systems/erc-7702-overview",
        "https://finwiki.zksc.io/systems/erc-7702-vs-erc-4337",
        "https://finwiki.zksc.io/systems/formal-spec-implementation-codesign",
        "https://finwiki.zksc.io/systems/hook-enforced-compliance",
        "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
        "https://finwiki.zksc.io/systems/hyperledger-besu-overview",
        "https://finwiki.zksc.io/systems/hyperledger-besu-vs-canton-migration",
        "https://finwiki.zksc.io/systems/institutional-dlt-adoption-comparison-2026",
        "https://finwiki.zksc.io/systems/l1-progressive-decentralization-three-phase",
        "https://finwiki.zksc.io/systems/l2-agent-economics-arbitrum-base-op-comparison",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging",
        "https://finwiki.zksc.io/systems/multi-proof-aggregation-fault-prover",
        "https://finwiki.zksc.io/systems/pectra-eip-7251-institutional-staking",
        "https://finwiki.zksc.io/systems/pectra-eip-7691-blob-l2-impact",
        "https://finwiki.zksc.io/systems/pectra-upgrade-overview",
        "https://finwiki.zksc.io/systems/polygon-agglayer-architecture-rollout",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration",
        "https://finwiki.zksc.io/systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "https://finwiki.zksc.io/systems/rollup-market-share-2026-arbitrum-optimism-base",
        "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations",
        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor",
        "https://finwiki.zksc.io/systems/zk-evm-rollup-maturity-comparison-matrix-2026"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7518,
      "word_like_tokens": 1023,
      "last_modified": "2026-05-25"
    },
    {
      "source_path": "systems/bft-validator-economy-four-variables.md",
      "url": "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/bft-validator-economy-four-variables.md",
      "title": "BFT validator 経済の4変数",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against BFT validator 経済学概観 · 4変数と機関チェーンの退化 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "BFT validator 経済の4変数",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "systems/INDEX",
        "systems/bft-validator-economy-overview",
        "systems/bft-validator-economy-tempo-vs-arc"
      ],
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/bft-validator-economy-tempo-vs-arc"
      ],
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      "word_like_tokens": 471,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/bft-validator-economy-overview.md",
      "url": "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/bft-validator-economy-overview.md",
      "title": "BFT validator 経済学概観",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against BFT validator 経済の4変数 · yield / slashing / MEV / 集中度 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "BFT validator 経済学概観",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/protocol-renewal-trigger-as-event-anchor",
        "systems/INDEX",
        "systems/bft-validator-economy-four-variables",
        "systems/bft-validator-economy-tempo-vs-arc",
        "systems/chain-abstraction-pattern-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/protocol-renewal-trigger-as-event-anchor",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
        "https://finwiki.zksc.io/systems/bft-validator-economy-tempo-vs-arc",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview"
      ],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/bft-validator-economy-tempo-vs-arc.md",
      "url": "https://finwiki.zksc.io/systems/bft-validator-economy-tempo-vs-arc",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/bft-validator-economy-tempo-vs-arc.md",
      "title": "Tempo vs Arc · 機関チェーン validator 設計の2経路",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against EigenLayer による新 L1 起動期セキュリティ支援 · Tempo/Arc 潜在経路 for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Tempo vs Arc · 機関チェーン validator 設計の2経路",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
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        "INDEX",
        "fintech/INDEX",
        "fintech/jpmorgan-jpmd-coin",
        "systems/INDEX",
        "systems/bft-validator-economy-four-variables",
        "systems/bft-validator-economy-overview",
        "systems/chain-abstraction-pattern-overview",
        "systems/eigenlayer-l1-bootstrapping"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview",
        "https://finwiki.zksc.io/systems/eigenlayer-l1-bootstrapping"
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    {
      "source_path": "systems/bitcoin-scaling-2026-stacks-lightning-bitvm.md",
      "url": "https://finwiki.zksc.io/systems/bitcoin-scaling-2026-stacks-lightning-bitvm",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/bitcoin-scaling-2026-stacks-lightning-bitvm.md",
      "title": "Bitcoin Scaling 2026 · Stacks + Lightning + BitVM + Babylon 並列スタック",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Bitcoin 2026 の scaling は「L2 を 1 つ選ぶ」ものではなく、4 つの並列スタックがそれぞれ異なる需要を取り込む:Lightning はマイクロペイメント + 国際送金、Stacks は BTC ネイティブ DeFi + sBTC 1:1 アンカー、BitVM は trust-minimized な汎用計算(EVM 風 L2 を含む)、Babylon は Bitcoin staking による PoS チェーンへの安全共有を担う。Ordinals/Inscriptions や Runes 等のメタプロトコルは従来の「scaling」範疇には属さないが、L1 fee の基",
      "headings": [
        "Bitcoin Scaling 2026 · Stacks + Lightning + BitVM + Babylon 並列スタック",
        "TL;DR",
        "Wiki route",
        "Bitcoin scaling 4 スタック対照",
        "Stack 1: Lightning Network",
        "Stack 2: Stacks(sBTC + Nakamoto Release)",
        "Stack 3: BitVM / BitVM2",
        "Stack 4: Babylon(Bitcoin Staking)",
        "ソフトフォークの状況:CTV / CSFS / drivechain",
        "Post-2024 Bitcoin L2 TVL 分布"
      ],
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        "agent-economy/x402-cloudflare-aws-edge-integration",
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        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/eigenlayer-overview",
        "systems/erc-4337-overview",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/polygon-agglayer-architecture-rollout",
        "systems/vitalik-l1-l2-strategy-anchor"
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        "https://finwiki.zksc.io/systems/cctp-v2-overview",
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        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/erc-4337-overview",
        "https://finwiki.zksc.io/systems/pectra-eip-7691-blob-l2-impact",
        "https://finwiki.zksc.io/systems/polygon-agglayer-architecture-rollout",
        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor"
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    },
    {
      "source_path": "systems/bitflyer-blockchain.md",
      "url": "https://finwiki.zksc.io/systems/bitflyer-blockchain",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/bitflyer-blockchain.md",
      "title": "bitFlyer Blockchain",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Hyperledger Besu · EVM 兼容企业链(Quorum 进化) for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "bitFlyer Blockchain",
        "Wiki route",
        "TL;DR",
        "System profile",
        "Strategic read",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "exchanges/jp-exchange-bitflyer",
        "fintech/INDEX",
        "payment-firms/bitflyer",
        "systems/INDEX",
        "systems/canton-overview",
        "systems/formal-spec-implementation-codesign",
        "systems/hyperledger-besu-overview"
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        "https://finwiki.zksc.io/exchanges/jp-exchange-bitflyer",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/payment-firms/bitflyer",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/formal-spec-implementation-codesign",
        "https://finwiki.zksc.io/systems/hyperledger-besu-overview"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/chain-abstraction-pattern-three-solutions.md",
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        "systems/cctp-v2-vs-canton",
        "systems/chain-abstraction-pattern-overview",
        "systems/chain-abstraction-pattern-three-solutions",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-bridge-security-insurance-matrix-2026",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-ccip-institutional",
        "systems/cross-chain-four-poles-overview",
        "systems/cross-chain-four-poles-selection-decision",
        "systems/eigenlayer-overview",
        "systems/hyperlane-ism-modular-security",
        "systems/hyperlane-overview",
        "systems/hyperlane-vs-layerzero-ccip",
        "systems/ibc-cosmos-cross-chain",
        "systems/institutional-dlt-adoption-comparison-2026",
        "systems/layerzero-v2-omnichain-messaging",
        "systems/polkadot-xcm-parachain-messaging",
        "systems/post-quantum-blockchain-day1-integration",
        "systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bitcoin-scaling-2026-stacks-lightning-bitvm",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-technical-spec",
        "https://finwiki.zksc.io/systems/cctp-v2-vs-canton",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-three-solutions",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
        "https://finwiki.zksc.io/systems/ibc-cosmos-cross-chain",
        "https://finwiki.zksc.io/systems/institutional-dlt-adoption-comparison-2026",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging",
        "https://finwiki.zksc.io/systems/polkadot-xcm-parachain-messaging",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration",
        "https://finwiki.zksc.io/systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic"
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    {
      "source_path": "systems/cross-chain-bridge-security-insurance-matrix-2026.md",
      "url": "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/cross-chain-bridge-security-insurance-matrix-2026.md",
      "title": "クロスチェーンブリッジセキュリティ・保険マトリクス 2026 · 14 プロトコル trust model / hack history / coverage 全景",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against クロスチェーン 5 極対照マトリクス for the general 9-axis bridge comparison, and use クロスチェーン 4 極アーキテクチャ概観 for the underlying architecture taxonomy. For protocol-specific deep dives see CCTP V2 overview · CCTP V2 technical spec · Hyperlane overview · Hyperlane ISM",
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        "クロスチェーンブリッジセキュリティ・保険マトリクス 2026 · 14 プロトコル trust model / hack history / coverage 全景",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-protocol sections",
        "CCTP V2 (Circle)",
        "Hyperlane",
        "LayerZero v2",
        "Wormhole",
        "Chainlink CCIP"
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        "systems/chain-abstraction-pattern-overview",
        "systems/chain-abstraction-pattern-three-solutions",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-ccip-institutional",
        "systems/cross-chain-four-poles-overview",
        "systems/cross-chain-four-poles-selection-decision",
        "systems/eigenlayer-overview",
        "systems/formal-spec-implementation-codesign",
        "systems/hyperlane-ism-modular-security",
        "systems/hyperlane-overview",
        "systems/hyperlane-vs-layerzero-ccip",
        "systems/layerzero-v2-omnichain-messaging",
        "systems/multi-proof-aggregation-fault-prover",
        "systems/post-quantum-blockchain-day1-integration"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/security/INDEX",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-technical-spec",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-overview",
        "https://finwiki.zksc.io/systems/chain-abstraction-pattern-three-solutions",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/formal-spec-implementation-codesign",
        "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging",
        "https://finwiki.zksc.io/systems/multi-proof-aggregation-fault-prover",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration"
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      "source_path": "systems/cross-chain-five-pole-comparison-matrix.md",
      "url": "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/cross-chain-five-pole-comparison-matrix.md",
      "title": "クロスチェーン 5 極対照マトリクス · CCTP V2 / CCIP / LayerZero v2 / Hyperlane / Wormhole の 9 次元",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "このページは systems index 配下の比較マトリクスであり、systems/cross-chain-four-poles-overview を親概観、クロスチェーン選定意思決定ツリー を実務上の選択軸として読む。個別プロトコルは systems/cctp-v2-overview、systems/chainlink-ccip-institutional-messaging、systems/layerzero-v2-omnichain-messaging、systems/hyperlane-overview と接続し、ステーブルコイン移転の需要側文脈は fintech/usd-stabl",
      "headings": [
        "クロスチェーン 5 極対照マトリクス · CCTP V2 / CCIP / LayerZero v2 / Hyperlane / Wormhole の 9 次元",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/usd-stablecoin-interchange",
        "systems/INDEX",
        "systems/cctp-v2-overview",
        "systems/cctp-v2-vs-canton",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-four-poles-overview",
        "systems/cross-chain-four-poles-selection-decision",
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        "systems/hyperlane-vs-layerzero-ccip",
        "systems/layerzero-v2-omnichain-messaging"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-vs-canton",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging"
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    },
    {
      "source_path": "systems/cross-chain-four-poles-ccip-institutional.md",
      "url": "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/cross-chain-four-poles-ccip-institutional.md",
      "title": "CCIP institutional デフォルト · TradFi → DeFi データブリッジの堀",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Chainlink CCIP · 機関級クロスチェーンメッセージング(SWIFT/DTCC メイントラック) for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "CCIP institutional デフォルト · TradFi → DeFi データブリッジの堀",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
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      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/ai-payment-two-tracks",
        "fintech/apollo-acred-private-credit-tokenization",
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        "fintech/central-banking-function-unbundling",
        "fintech/onchain-finance-vs-crypto-bifurcation",
        "systems/INDEX",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-four-poles-overview",
        "systems/cross-chain-four-poles-selection-decision"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/apollo-acred-private-credit-tokenization",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/central-banking-function-unbundling",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision"
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      "url": "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/cross-chain-four-poles-overview.md",
      "title": "クロスチェーン 4 極アーキテクチャ · LayerZero / CCIP / Wormhole / Hyperlane + CCTP V2",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against クロスチェーン選定意思決定ツリー · 主役次元でプロトコルをマッチング for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "クロスチェーン 4 極アーキテクチャ · LayerZero / CCIP / Wormhole / Hyperlane + CCTP V2",
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        "Key facts",
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        "Origin & evolution",
        "Related",
        "Sources"
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      "wikilinks": [
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        "exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "fintech/INDEX",
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        "fintech/usd-stablecoin-interchange",
        "systems/INDEX",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-ccip-institutional",
        "systems/cross-chain-four-poles-selection-decision",
        "systems/threshold-bft-consensus-rust-implementations"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/cross-chain-bridge-cex-deposit-withdrawal",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/onchain-finance-vs-crypto-bifurcation",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
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      "url": "https://finwiki.zksc.io/systems/cross-chain-four-poles-selection-decision",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/cross-chain-four-poles-selection-decision.md",
      "title": "クロスチェーン選定意思決定ツリー · 主役次元でプロトコルをマッチング",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against cross chain four poles overview for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "クロスチェーン選定意思決定ツリー · 主役次元でプロトコルをマッチング",
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        "Related",
        "Sources"
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        "fintech/INDEX",
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        "systems/cross-chain-five-pole-comparison-matrix",
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        "systems/cross-chain-four-poles-overview"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/ai-payment-two-tracks",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-ccip-institutional",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview"
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      "url": "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/dag-bft-vs-chain-bft-architecture.md",
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      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it with fintech index for adjacent context and スマートコントラクト bytecode forensic — 3 層 verify 技術 for the broader system boundary.",
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        "Related",
        "Sources"
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        "exchanges/global-dex-major-five-comparison",
        "fintech/INDEX",
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        "systems/INDEX",
        "systems/post-quantum-blockchain-day1-integration",
        "systems/threshold-bft-consensus-rust-implementations"
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        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/global-dex-major-five-comparison",
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        "https://finwiki.zksc.io/fintech/protocol-renewal-trigger-as-event-anchor",
        "https://finwiki.zksc.io/security/bytecode-forensic-three-tier-verify",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration",
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/data-availability-celestia-eigenda-blob-comparison.md",
      "title": "DA layer 全景対照 2026 · Celestia · EigenDA · Ethereum blobs · Avail · NEAR DA",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against EIP-4844 blob 経済と 2026 市場影響 for the Ethereum-native DA path that competes with all alt-DA, Pectra EIP-7691 · blob 倍増と L2 経済連鎖 for the blob capacity expansion that affects all DA price competition, and EigenLayer overview for the restaking economic",
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        "NEAR DA",
        "Big comparison matrix table"
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        "INDEX",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "systems/INDEX",
        "systems/chainlink-ccip-institutional-messaging",
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        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/eigenlayer-avs-mechanism",
        "systems/eigenlayer-overview",
        "systems/eip-4844-blob-economics-impact-2026",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/pectra-upgrade-overview",
        "systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "systems/rollup-market-share-2026-arbitrum-optimism-base",
        "systems/threshold-bft-consensus-rust-implementations",
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        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
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        "https://finwiki.zksc.io/systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "https://finwiki.zksc.io/systems/rollup-market-share-2026-arbitrum-optimism-base",
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        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor",
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        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1282,
      "word_like_tokens": 195,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hook-enforced-compliance.md",
      "url": "https://finwiki.zksc.io/systems/hook-enforced-compliance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hook-enforced-compliance.md",
      "title": "Hook-Enforced Compliance",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Threshold BFT 共识 Rust 化潮流（Tempo Simplex / Arc Malachite） for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hook-Enforced Compliance",
        "Wiki route",
        "5 層防御モデル（personal OS）",
        "首次 verification pattern",
        "昇級階段（違反頻度に応じた強制度上昇）",
        "応用可能性",
        "認知特性との関係",
        "関連",
        "出典",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/fsa-business-improvement-orders-history",
        "exchanges/jvcea-self-regulatory-overview",
        "fintech/INDEX",
        "systems/INDEX",
        "systems/threshold-bft-consensus-rust-implementations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/fsa-business-improvement-orders-history",
        "https://finwiki.zksc.io/exchanges/jvcea-self-regulatory-overview",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2355,
      "word_like_tokens": 383,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hyperlane-ism-modular-security.md",
      "url": "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hyperlane-ism-modular-security.md",
      "title": "Hyperlane Interchain Security Modules(ISM)· プラガブルな検証レイヤー",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against cross chain four poles overview for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hyperlane Interchain Security Modules(ISM)· プラガブルな検証レイヤー",
        "Wiki route",
        "Key facts",
        "ISM Security Composition",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "fintech/INDEX",
        "systems/INDEX",
        "systems/cross-chain-four-poles-overview",
        "systems/eigenlayer-avs-mechanism",
        "systems/hyperlane-overview",
        "systems/hyperlane-vs-layerzero-ccip"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/eigenlayer-avs-mechanism",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2720,
      "word_like_tokens": 386,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hyperlane-overview.md",
      "url": "https://finwiki.zksc.io/systems/hyperlane-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hyperlane-overview.md",
      "title": "Hyperlane 概観 · Permissionless Cross-chain Interoperability",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against cross chain four poles overview for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hyperlane 概観 · Permissionless Cross-chain Interoperability",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cosmos-ibc-for-financial-institutions",
        "systems/INDEX",
        "systems/cross-chain-four-poles-overview",
        "systems/eigenlayer-overview",
        "systems/hyperlane-ism-modular-security",
        "systems/hyperlane-vs-layerzero-ccip"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2611,
      "word_like_tokens": 386,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hyperlane-vs-layerzero-ccip.md",
      "url": "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hyperlane-vs-layerzero-ccip.md",
      "title": "Hyperlane vs LayerZero/CCIP · Permissionless vs Gated ルート対照",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against cross chain four poles overview for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hyperlane vs LayerZero/CCIP · Permissionless vs Gated ルート対照",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/cosmos-ibc-for-financial-institutions",
        "systems/INDEX",
        "systems/cctp-v2-overview",
        "systems/cross-chain-four-poles-overview",
        "systems/hyperlane-ism-modular-security",
        "systems/hyperlane-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/hyperlane-ism-modular-security",
        "https://finwiki.zksc.io/systems/hyperlane-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2571,
      "word_like_tokens": 410,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hyperledger-besu-overview.md",
      "url": "https://finwiki.zksc.io/systems/hyperledger-besu-overview",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hyperledger-besu-overview.md",
      "title": "Hyperledger Besu · EVM 互換エンタープライズチェーン(Quorum の進化形)",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Canton(機関向け DLT の対照) for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hyperledger Besu · EVM 互換エンタープライズチェーン(Quorum の進化形)",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/cosmos-ibc-for-financial-institutions",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/multi-megabank-consortium-governance",
        "systems/INDEX",
        "systems/canton-overview",
        "systems/hyperledger-besu-vs-canton-migration"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/cosmos-ibc-for-financial-institutions",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/hyperledger-besu-vs-canton-migration"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2602,
      "word_like_tokens": 459,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/hyperledger-besu-vs-canton-migration.md",
      "url": "https://finwiki.zksc.io/systems/hyperledger-besu-vs-canton-migration",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/hyperledger-besu-vs-canton-migration.md",
      "title": "Hyperledger Besu vs Canton · JPM 主戦場移行経路",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Hyperledger Besu · EVM 互換エンタープライズチェーン(Quorum の進化形) for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Hyperledger Besu vs Canton · JPM 主戦場移行経路",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "fintech/jpmorgan-jpmd-coin",
        "fintech/multi-megabank-consortium-governance",
        "systems/INDEX",
        "systems/canton-overview",
        "systems/hyperledger-besu-overview"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/fintech/jpmorgan-jpmd-coin",
        "https://finwiki.zksc.io/fintech/multi-megabank-consortium-governance",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/hyperledger-besu-overview"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2337,
      "word_like_tokens": 359,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/ibc-cosmos-cross-chain.md",
      "url": "https://finwiki.zksc.io/systems/ibc-cosmos-cross-chain",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/ibc-cosmos-cross-chain.md",
      "title": "IBC · Cosmos Inter-Blockchain Communication protocol",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against cross-chain four poles overview and cross-chain five-pole matrix for peer / contrast, CCTP V2 for the alternative trust-minimized model, and Hyperlane vs LayerZero / CCIP for the broader interop comparison.",
      "headings": [
        "IBC · Cosmos Inter-Blockchain Communication protocol",
        "Wiki route",
        "Key facts",
        "Trust model — light clients on both sides",
        "IBC v1 vs IBC v2",
        "Comparison vs other interop protocols",
        "IBC channel and packet lifecycle",
        "Origin and evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "systems/INDEX",
        "systems/cctp-v2-overview",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-bridge-security-insurance-matrix-2026",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/cross-chain-four-poles-overview",
        "systems/data-availability-celestia-eigenda-blob-comparison",
        "systems/hyperlane-overview",
        "systems/hyperlane-vs-layerzero-ccip",
        "systems/layerzero-v2-omnichain-messaging",
        "systems/polkadot-xcm-parachain-messaging"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/cross-chain-four-poles-overview",
        "https://finwiki.zksc.io/systems/data-availability-celestia-eigenda-blob-comparison",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/hyperlane-vs-layerzero-ccip",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging",
        "https://finwiki.zksc.io/systems/polkadot-xcm-parachain-messaging"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6058,
      "word_like_tokens": 944,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "systems/institutional-dlt-adoption-comparison-2026.md",
      "url": "https://finwiki.zksc.io/systems/institutional-dlt-adoption-comparison-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/institutional-dlt-adoption-comparison-2026.md",
      "title": "機関 DLT プラットフォーム採用比較 2026 · Canton vs Fabric vs Corda vs パブリックチェーン vs Avalanche vs Polygon",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2026 年の機関 DLT 選定は「パイロットフェーズ」から 「Canton + パブリックチェーン Ethereum の二大中心 + Corda がロングテール + Fabric の衰退」 という成熟した分化構造に入った:Canton(Digital Asset / R3 合併後)は G-SIB トークン化の主戦場を獲得(JPM Kinexys + Goldman DAP + DTCC + BNY)、パブリックチェーン Ethereum L1 は BlackRock BUIDL + Franklin BENJI + Ondo 等の RWA を通じて「公開取引可能なトークン化ファンド」の一極を",
      "headings": [
        "機関 DLT プラットフォーム採用比較 2026 · Canton vs Fabric vs Corda vs パブリックチェーン vs Avalanche vs Polygon",
        "TL;DR",
        "Wiki route",
        "1. Canton(Digital Asset + R3 合併陣営)",
        "2. Public Ethereum L1(BlackRock + Franklin + Ondo 主導)",
        "3. Corda(R3、2025 統合後)",
        "4. Hyperledger Fabric(IBM-led)",
        "5. Hyperledger Besu(EVM 互換機関チェーン)",
        "6. Avalanche Subnets(機関 RWA ロングテール)",
        "7. Polygon Enterprise(基本的に撤退済み)"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/bis-project-agora-overview",
        "fintech/bis-project-agora-overview\\",
        "fintech/blackrock-buidl-tokenized-mmf-overview",
        "systems/INDEX",
        "systems/canton-daml-technical-spec",
        "systems/canton-mmf-coalition",
        "systems/canton-overview",
        "systems/cctp-v2-overview",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/hyperledger-besu-overview",
        "systems/hyperledger-besu-vs-canton-migration",
        "systems/polygon-agglayer-architecture-rollout"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/bis-project-agora-overview",
        "https://finwiki.zksc.io/fintech/blackrock-buidl-tokenized-mmf-overview",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/canton-daml-technical-spec",
        "https://finwiki.zksc.io/systems/canton-mmf-coalition",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/hyperledger-besu-overview",
        "https://finwiki.zksc.io/systems/hyperledger-besu-vs-canton-migration",
        "https://finwiki.zksc.io/systems/polygon-agglayer-architecture-rollout"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 10945,
      "word_like_tokens": 1752,
      "last_modified": "2026-05-29"
    },
    {
      "source_path": "systems/l1-progressive-decentralization-three-phase.md",
      "url": "https://finwiki.zksc.io/systems/l1-progressive-decentralization-three-phase",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/l1-progressive-decentralization-three-phase.md",
      "title": "L1 渐进式去中心化三阶段路径",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Threshold BFT 共识 Rust 化潮流（Tempo Simplex / Arc Malachite） for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "L1 渐进式去中心化三阶段路径",
        "Wiki route",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/genius-act-501-denylist-mandate",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "systems/INDEX",
        "systems/threshold-bft-consensus-rust-implementations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/genius-act-501-denylist-mandate",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1520,
      "word_like_tokens": 226,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/l2-agent-economics-arbitrum-base-op-comparison.md",
      "url": "https://finwiki.zksc.io/systems/l2-agent-economics-arbitrum-base-op-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/l2-agent-economics-arbitrum-base-op-comparison.md",
      "title": "L2 Agent 経済学 · Arbitrum vs Base vs Optimism の AI agent ワークロード比較",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "2026 年の AI agent ワークロードにおける L2 選定は Base がデフォルト に収束し、Arbitrum + Optimism がそれぞれ一部のニッチ(Arbitrum は DeFi-heavy agent + 機関向け、Optimism は OP Stack エコシステム + 公共財)を獲得している。3 つの L2 の per-transaction cost は Pectra EIP-7691 blob 拡張 後、いずれも $0.001-0.01 の範囲に入るが、Base は Coinbase CDP + USDC Native + Coinbase Smart Walle",
      "headings": [
        "L2 Agent 経済学 · Arbitrum vs Base vs Optimism の AI agent ワークロード比較",
        "TL;DR",
        "Wiki route",
        "3 L2 基礎パラメータ対照(2026-Q1)",
        "Per-transaction cost · agent ワークロード視点",
        "Sequencer MEV implications for agents",
        "Gas sponsorship / Paymaster の可用性",
        "Base + Coinbase CDP Paymaster",
        "Arbitrum + Alchemy / Pimlico / Biconomy",
        "Optimism + Arbitrum 同様のサードパーティ"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/INDEX",
        "agent-economy/coinbase-cdp-developer-platform",
        "agent-economy/embedded-wallet-network-effects-moat",
        "agent-economy/erc-7715-overview",
        "agent-economy/privy-aws-agentcore-default-wallet",
        "agent-economy/x402-cloudflare-aws-edge-integration",
        "systems/INDEX",
        "systems/cctp-v2-overview",
        "systems/chain-abstraction-pattern-overview",
        "systems/chain-abstraction-pattern-three-solutions",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/erc-4337-embedded-wallet-adoption",
        "systems/erc-4337-overview",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/polygon-agglayer-architecture-rollout"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/INDEX",
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        "https://finwiki.zksc.io/agent-economy/privy-aws-agentcore-default-wallet",
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        "https://finwiki.zksc.io/systems/erc-4337-overview",
        "https://finwiki.zksc.io/systems/pectra-eip-7691-blob-l2-impact",
        "https://finwiki.zksc.io/systems/polygon-agglayer-architecture-rollout"
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        "Key facts",
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        "Key facts",
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        "Pre-Merge → Post-Merge architecture",
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        "https://finwiki.zksc.io/systems/rollup-market-share-2026-arbitrum-optimism-base",
        "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
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        "Key facts",
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        "Origin & evolution",
        "Related",
        "Sources"
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        "Key facts",
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        "Origin & evolution",
        "Related",
        "Sources"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/pectra-upgrade-overview.md",
      "title": "Ethereum Pectra アップグレード · 4 EIP デュアルトラック戦略総覧",
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      "canonical_anchor": "",
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        "Sources"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/polkadot-xcm-parachain-messaging.md",
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        "Sources"
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      "title": "Polygon AggLayer アーキテクチャと 2024-2026 rollout · CDK + 統一ブリッジ + ZK 集約",
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      "canonical_anchor": "",
      "summary": "Polygon 2024-2026 年の戦略的転換は 「Polygon PoS sidechain」 から 「AggLayer + CDK マルチチェーンプロトコル層」 への変革である:Polygon CDK により任意のチームが独自の ZK rollup を構築可能、AggLayer は CDK チェーン間に統一ブリッジ + pessimistic proof + ZK 証明集約を提供し、クロスチェーン五極 における「intra-stack interop」の極を取り込むことを目指す。MATIC → POL 移行(2024-09 メインネット)はトークンモデルを「Polygon PoS ga",
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        "Wiki route",
        "Polygon 歴史段階 · PoS → zkEVM → AggLayer",
        "AggLayer アーキテクチャ",
        "Polygon CDK(Chain Development Kit)",
        "Partner chains · リストと流出",
        "MATIC → POL 移行とビジネスモデル",
        "AggLayer vs クロスチェーンプロトコル対照",
        "Polygon の RWA / 機関シナリオでの位置"
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      "title": "Restaking と AVS 全景マトリクス · EigenLayer vs Symbiotic vs Karak vs Mellow vs EtherFi vs Lido CSM",
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      "summary": "This entry sits under systems index. Read it against EigenLayer overview as the canonical anchor, EigenLayer AVS mechanism · Operator · Slashing · EIGEN 仲裁 for the slashing + AVS economics depth, and EigenLayer L1 bootstrapping for how new chains use restaking to launch security. For the validator e",
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        "EigenLayer",
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        "Karak",
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        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/eigenlayer-avs-mechanism",
        "systems/eigenlayer-l1-bootstrapping",
        "systems/eigenlayer-overview",
        "systems/hyperlane-overview",
        "systems/pectra-eip-7251-institutional-staking",
        "systems/threshold-bft-consensus-rust-implementations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/eigenlayer-avs-mechanism",
        "https://finwiki.zksc.io/systems/eigenlayer-l1-bootstrapping",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/hyperlane-overview",
        "https://finwiki.zksc.io/systems/pectra-eip-7251-institutional-staking",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
      ],
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    },
    {
      "source_path": "systems/rollup-market-share-2026-arbitrum-optimism-base.md",
      "url": "https://finwiki.zksc.io/systems/rollup-market-share-2026-arbitrum-optimism-base",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/rollup-market-share-2026-arbitrum-optimism-base.md",
      "title": "Rollup 市場シェア 2026 · Arbitrum vs Optimism vs Base vs zkSync vs Polygon zkEVM vs Scroll vs Linea",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against ZK-EVM rollup maturity matrix 2026 for the technical maturity dimension that this entry's market share table summarizes economically, and EIP-4844 blob 経済と 2026 市場影響 for the underlying DA cost structure that determines rollup unit economics. Pair",
      "headings": [
        "Rollup 市場シェア 2026 · Arbitrum vs Optimism vs Base vs zkSync vs Polygon zkEVM vs Scroll vs Linea",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Base (Coinbase)",
        "Arbitrum (Offchain Labs)",
        "Optimism (OP Labs)",
        "zkSync Era (Matter Labs)",
        "Linea (Consensys)",
        "Polygon zkEVM / AggLayer (Polygon Labs)"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "exchanges/solana-ecosystem-dex-comparison",
        "systems/INDEX",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-bridge-security-insurance-matrix-2026",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/data-availability-celestia-eigenda-blob-comparison",
        "systems/eigenlayer-overview",
        "systems/eip-4844-blob-economics-impact-2026",
        "systems/erc-4337-embedded-wallet-adoption",
        "systems/erc-4337-overview",
        "systems/erc-7702-overview",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/pectra-upgrade-overview",
        "systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "systems/solana-firedancer-validator-economics",
        "systems/vitalik-l1-l2-strategy-anchor",
        "systems/zk-evm-rollup-maturity-comparison-matrix-2026"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-bridge-security-insurance-matrix-2026",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/data-availability-celestia-eigenda-blob-comparison",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/eip-4844-blob-economics-impact-2026",
        "https://finwiki.zksc.io/systems/erc-4337-embedded-wallet-adoption",
        "https://finwiki.zksc.io/systems/erc-4337-overview",
        "https://finwiki.zksc.io/systems/erc-7702-overview",
        "https://finwiki.zksc.io/systems/pectra-eip-7691-blob-l2-impact",
        "https://finwiki.zksc.io/systems/pectra-upgrade-overview",
        "https://finwiki.zksc.io/systems/restaking-avs-landscape-matrix-eigenlayer-vs-symbiotic",
        "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor",
        "https://finwiki.zksc.io/systems/zk-evm-rollup-maturity-comparison-matrix-2026"
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    {
      "source_path": "systems/solana-firedancer-validator-economics.md",
      "url": "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/solana-firedancer-validator-economics.md",
      "title": "Solana Firedancer · Jump Crypto 第二クライアント 2026 メインネット · validator 経済と MEV 再構築",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against BFT validator 経済学概観 as the validator economics anchor and BFT validator economy 4 変数 for the yield / slashing / MEV / 集中度 framework that Firedancer disrupts. For consensus architecture context, see DAG-BFT vs Chain-BFT architecture —— Solana Tower",
      "headings": [
        "Solana Firedancer · Jump Crypto 第二クライアント 2026 メインネット · validator 経済と MEV 再構築",
        "TL;DR",
        "Wiki route",
        "3 クライアント構造(2026-Q2)",
        "Firedancer 性能特徴",
        "Tile-based 並列アーキテクチャ",
        "Jito 現在の主導地位",
        "Firedancer 導入による MEV 再構築",
        "Stake-weighted QoS · validator 経済側の再配分",
        "Validator centralization risk"
      ],
      "wikilinks": [
        "INDEX",
        "exchanges/jp-cex-staking-lending-regulation",
        "exchanges/jp-crypto-staking-as-a-service-operators",
        "exchanges/liquid-staking-restaking-cex-exposure",
        "exchanges/solana-ecosystem-dex-comparison",
        "systems/INDEX",
        "systems/bft-validator-economy-four-variables",
        "systems/bft-validator-economy-overview",
        "systems/bft-validator-economy-tempo-vs-arc",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/pectra-eip-7251-institutional-staking",
        "systems/pectra-upgrade-overview",
        "systems/threshold-bft-consensus-rust-implementations",
        "systems/vitalik-l1-l2-strategy-anchor",
        "systems/zk-evm-rollup-maturity-comparison-matrix-2026"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/exchanges/jp-cex-staking-lending-regulation",
        "https://finwiki.zksc.io/exchanges/jp-crypto-staking-as-a-service-operators",
        "https://finwiki.zksc.io/exchanges/liquid-staking-restaking-cex-exposure",
        "https://finwiki.zksc.io/exchanges/solana-ecosystem-dex-comparison",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-four-variables",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/bft-validator-economy-tempo-vs-arc",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/pectra-eip-7251-institutional-staking",
        "https://finwiki.zksc.io/systems/pectra-upgrade-overview",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations",
        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor",
        "https://finwiki.zksc.io/systems/zk-evm-rollup-maturity-comparison-matrix-2026"
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    {
      "source_path": "systems/sui-aptos-move-l1-ecosystem.md",
      "url": "https://finwiki.zksc.io/systems/sui-aptos-move-l1-ecosystem",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/sui-aptos-move-l1-ecosystem.md",
      "title": "Sui and Aptos · Move L1 ecosystem",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against DAG-BFT vs chain-BFT for the consensus framing, BFT validator economics for token / staking dynamics, and threshold BFT for the implementation-language context.",
      "headings": [
        "Sui and Aptos · Move L1 ecosystem",
        "Wiki route",
        "Key facts",
        "Move language origin and design",
        "Sui vs Aptos architectural divergence",
        "Parallel execution — why Move L1s matter",
        "Financial / agent-payment use cases",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "systems/INDEX",
        "systems/bft-validator-economy-overview",
        "systems/canton-overview",
        "systems/cctp-v2-overview",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/hyperledger-besu-overview",
        "systems/l2-agent-economics-arbitrum-base-op-comparison",
        "systems/layerzero-v2-omnichain-messaging",
        "systems/solana-firedancer-validator-economics",
        "systems/threshold-bft-consensus-rust-implementations"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/canton-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/hyperledger-besu-overview",
        "https://finwiki.zksc.io/systems/l2-agent-economics-arbitrum-base-op-comparison",
        "https://finwiki.zksc.io/systems/layerzero-v2-omnichain-messaging",
        "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
        "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "systems/threshold-bft-consensus-rust-implementations.md",
      "url": "https://finwiki.zksc.io/systems/threshold-bft-consensus-rust-implementations",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/threshold-bft-consensus-rust-implementations.md",
      "title": "Threshold BFT 共识 Rust 化潮流",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against DAG-BFT vs Chain-BFT 架构本质分歧（mempool 抽象之争） for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "Threshold BFT 共识 Rust 化潮流",
        "Wiki route",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "fintech/INDEX",
        "fintech/stablecoin-chain-token-strategy-trilemma",
        "systems/INDEX",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/post-quantum-blockchain-day1-integration"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/stablecoin-chain-token-strategy-trilemma",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration"
      ],
      "markdown_links": [],
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      "last_modified": "2026-06-24"
    },
    {
      "source_path": "systems/ton-telegram-openwallet-ecosystem.md",
      "url": "https://finwiki.zksc.io/systems/ton-telegram-openwallet-ecosystem",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/ton-telegram-openwallet-ecosystem.md",
      "title": "TON · Telegram Open Network ecosystem",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Sui and Aptos and Solana for peer L1 context, BFT validator economics for consensus framing, and agent-economy index for the bot / agent UX angle.",
      "headings": [
        "TON · Telegram Open Network ecosystem",
        "Wiki route",
        "Key facts",
        "Telegram + TON architectural fit",
        "TON architecture in brief",
        "USDT-TON growth thesis",
        "Agent-payment volume on TON",
        "TON vs Solana vs Tron for stablecoin mass distribution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "agent-economy/INDEX",
        "agent-economy/coinbase-cdp-developer-platform",
        "agent-economy/privy-embedded-wallet-overview",
        "agent-economy/solana-saga-seeker-mobile-stack-overview",
        "agent-economy/x402-http-payment-overview",
        "fintech/usd-stablecoin-interchange",
        "systems/INDEX",
        "systems/bft-validator-economy-overview",
        "systems/cctp-v2-overview",
        "systems/l2-agent-economics-arbitrum-base-op-comparison",
        "systems/solana-firedancer-validator-economics",
        "systems/sui-aptos-move-l1-ecosystem"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/agent-economy/INDEX",
        "https://finwiki.zksc.io/agent-economy/coinbase-cdp-developer-platform",
        "https://finwiki.zksc.io/agent-economy/privy-embedded-wallet-overview",
        "https://finwiki.zksc.io/agent-economy/solana-saga-seeker-mobile-stack-overview",
        "https://finwiki.zksc.io/agent-economy/x402-http-payment-overview",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/bft-validator-economy-overview",
        "https://finwiki.zksc.io/systems/cctp-v2-overview",
        "https://finwiki.zksc.io/systems/l2-agent-economics-arbitrum-base-op-comparison",
        "https://finwiki.zksc.io/systems/solana-firedancer-validator-economics",
        "https://finwiki.zksc.io/systems/sui-aptos-move-l1-ecosystem"
      ],
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    },
    {
      "source_path": "systems/vitalik-l1-l2-strategy-anchor.md",
      "url": "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/vitalik-l1-l2-strategy-anchor.md",
      "title": "L1/L2 デュアルトラック戦略の進化 anchor · Ethereum ロードマップと独立 L1 経済インセンティブの攻防",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against ERC-7702 概観 · EOA が一時的に SCW 機能を獲得する Pectra アップグレード for peer / contrast context and fintech index for the broader system / regulatory boundary.",
      "headings": [
        "L1/L2 デュアルトラック戦略の進化 anchor · Ethereum ロードマップと独立 L1 経済インセンティブの攻防",
        "Wiki route",
        "Key facts",
        "Mechanism / How it works",
        "Origin & evolution",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "business/larry-fink-blackrock-digital-asset-template",
        "fintech/INDEX",
        "fintech/usd-stablecoin-interchange",
        "systems/INDEX",
        "systems/dag-bft-vs-chain-bft-architecture",
        "systems/eip-7708-native-asset-erc20-event-compat",
        "systems/erc-7702-overview",
        "systems/l1-progressive-decentralization-three-phase"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/business/larry-fink-blackrock-digital-asset-template",
        "https://finwiki.zksc.io/fintech/INDEX",
        "https://finwiki.zksc.io/fintech/usd-stablecoin-interchange",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/dag-bft-vs-chain-bft-architecture",
        "https://finwiki.zksc.io/systems/eip-7708-native-asset-erc20-event-compat",
        "https://finwiki.zksc.io/systems/erc-7702-overview",
        "https://finwiki.zksc.io/systems/l1-progressive-decentralization-three-phase"
      ],
      "markdown_links": [],
      "entity_node": null,
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    },
    {
      "source_path": "systems/zk-evm-rollup-maturity-comparison-matrix-2026.md",
      "url": "https://finwiki.zksc.io/systems/zk-evm-rollup-maturity-comparison-matrix-2026",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/systems/zk-evm-rollup-maturity-comparison-matrix-2026.md",
      "title": "ZK-EVM Rollup 成熟度対照マトリクス 2026 · 9 個の rollup の proving system / TVL / DA / decentralization",
      "domain": "systems",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under systems index. Read it against Pectra EIP-7691 · blob 倍増と L2 経済連鎖 for the L1 blob capacity context that drives rollup gas cost, and Pectra upgrade overview for the broader Ethereum upgrade landscape. Pair with Vitalik L1/L2 strategy anchor for the meta-strategy that frames \"L2",
      "headings": [
        "ZK-EVM Rollup 成熟度対照マトリクス 2026 · 9 個の rollup の proving system / TVL / DA / decentralization",
        "TL;DR",
        "Wiki route",
        "Why this matrix matters",
        "Per-rollup sections",
        "Polygon zkEVM / AggLayer",
        "zkSync Era (Matter Labs)",
        "StarkNet",
        "Scroll",
        "Linea (Consensys)"
      ],
      "wikilinks": [
        "INDEX",
        "systems/INDEX",
        "systems/chainlink-ccip-institutional-messaging",
        "systems/cross-chain-five-pole-comparison-matrix",
        "systems/eigenlayer-overview",
        "systems/formal-spec-implementation-codesign",
        "systems/multi-proof-aggregation-fault-prover",
        "systems/pectra-eip-7691-blob-l2-impact",
        "systems/pectra-upgrade-overview",
        "systems/post-quantum-blockchain-day1-integration",
        "systems/vitalik-l1-l2-strategy-anchor"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/systems/INDEX",
        "https://finwiki.zksc.io/systems/chainlink-ccip-institutional-messaging",
        "https://finwiki.zksc.io/systems/cross-chain-five-pole-comparison-matrix",
        "https://finwiki.zksc.io/systems/eigenlayer-overview",
        "https://finwiki.zksc.io/systems/formal-spec-implementation-codesign",
        "https://finwiki.zksc.io/systems/multi-proof-aggregation-fault-prover",
        "https://finwiki.zksc.io/systems/pectra-eip-7691-blob-l2-impact",
        "https://finwiki.zksc.io/systems/pectra-upgrade-overview",
        "https://finwiki.zksc.io/systems/post-quantum-blockchain-day1-integration",
        "https://finwiki.zksc.io/systems/vitalik-l1-l2-strategy-anchor"
      ],
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      "last_modified": "2026-06-01"
    },
    {
      "source_path": "topic-cluster-reference.md",
      "url": "https://finwiki.zksc.io/topic-cluster-reference",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/topic-cluster-reference.md",
      "title": "Topic Cluster Reference · FinWiki 主题集群索引",
      "domain": "root",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This reference sits at FinWiki root next to INDEX and SCHEMA. Read it together with domain bridge navigation guide for the journey view and cross-domain anchor convention for the anchor / mirror rules.",
      "headings": [
        "Topic Cluster Reference · FinWiki 主题集群索引",
        "Wiki route",
        "1. Why clusters matter",
        "2. Cluster A — Stablecoin / tokenized-money macro tracking (waves 8-9)",
        "3. Cluster B — Stablecoin issuers and tokenized products",
        "4. Cluster C — Japan capital-markets stack",
        "5. Cluster D — Japan policy / banking interface",
        "6. Cluster E — Japan payments and cashless",
        "7. Cluster F — Insurance perimeter",
        "8. Cluster G — Trust bank and custody"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "SCHEMA",
        "agent-economy/INDEX",
        "banking/INDEX",
        "banking/aeon-bank",
        "banking/au-jibun-bank",
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      "title": "Trade domain",
      "domain": "trade",
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      "summary": "This domain routes two complementary clusters. The first is Japan trade-promotion institutional structure — anchored on JETRO (日本貿易振興機構, the Japan External Trade Organization) and the wider METI/MOF export-support orbit: a decision page that splits JETRO, NEXI, and JBIC (the promotion / insurance /",
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        "TL;DR",
        "Entries",
        "Start here",
        "Research control",
        "Related domains",
        "Backlog",
        "Sources"
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        "trade/letter-of-credit-documentary-mechanism\\",
        "trade/nexi-trade-insurance-mechanism",
        "trade/nexi-trade-insurance-mechanism\\",
        "trade/supply-chain-finance-reverse-factoring",
        "trade/supply-chain-finance-reverse-factoring\\"
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      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/documentary-collection-vs-letter-of-credit.md",
      "title": "Documentary collection vs letter of credit — trade settlement methods compared",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and is the direct comparison partner to the letter of credit / documentary credit mechanism. Both are document-driven settlement methods, but they differ sharply in who carries risk. Read alongside Incoterms 2020 (which fixes the delivery point the documents evidenc",
      "headings": [
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        "Wiki route",
        "TL;DR",
        "What a documentary collection is",
        "The two collection types: D/P and D/A",
        "The parties under URC 522",
        "Side-by-side comparison",
        "The settlement-method spectrum",
        "How the choice is actually made",
        "Limitations of documentary collections"
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        "insurance/marine-insurance-and-pi-cover-market",
        "payments/japan-payment-clearing-and-settlement-infrastructure",
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        "policy-finance/nexi-export-credit-insurance-products",
        "trade/INDEX",
        "trade/incoterms-2020-trade-terms-framework",
        "trade/jetro-vs-nexi-vs-jbic-comparison",
        "trade/letter-of-credit-documentary-mechanism"
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        "https://finwiki.zksc.io/trade/letter-of-credit-documentary-mechanism"
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    {
      "source_path": "trade/electronic-bill-of-lading-mletr.md",
      "url": "https://finwiki.zksc.io/trade/electronic-bill-of-lading-mletr",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/electronic-bill-of-lading-mletr.md",
      "title": "電子提単 (electronic bill of lading) and trade digitalization — the MLETR shift from paper to data",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and documents the digitalization of the documents that the rest of the domain assumes are paper. Its closest same-domain peer is documentary collection vs letter of credit — both settlement methods route a paper bill of lading, and the electronic bill of lading (eBL",
      "headings": [
        "電子提単 (electronic bill of lading) and trade digitalization — the MLETR shift from paper to data",
        "Wiki route",
        "TL;DR",
        "Why the bill of lading resisted digitization",
        "MLETR — the legal keystone",
        "What changes when the B/L goes electronic",
        "The wider trade-digitalization programme",
        "Why adoption is gradual",
        "Related",
        "Sources"
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        "payments/INDEX",
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        "trade/INDEX",
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        "trade/incoterms-2020-trade-terms-framework",
        "trade/japan-customs-tariff-origin-clearance",
        "trade/letter-of-credit-documentary-mechanism"
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        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
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    {
      "source_path": "trade/forfaiting-international-factoring.md",
      "url": "https://finwiki.zksc.io/trade/forfaiting-international-factoring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/forfaiting-international-factoring.md",
      "title": "フォーフェイティング・国際ファクタリング (forfaiting and international factoring) — selling trade receivables for cash",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and covers the receivables-finance instruments an exporter uses to get paid now on a later-dated sale. Its same-domain peer is documentary collection vs letter of credit — those are settlement methods (how the buyer pays); forfaiting and factoring are financing meth",
      "headings": [
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        "Wiki route",
        "TL;DR",
        "The core idea: a true sale of the receivable",
        "Factoring vs forfaiting",
        "How international (two-factor) factoring works",
        "How forfaiting works",
        "Where these sit relative to insurance and settlement",
        "The Japanese trading-house angle",
        "Boundary cases"
      ],
      "wikilinks": [
        "INDEX",
        "trade/INDEX",
        "trade/documentary-collection-vs-letter-of-credit",
        "trade/japan-customs-tariff-origin-clearance",
        "trade/letter-of-credit-documentary-mechanism",
        "trade/nexi-trade-insurance-mechanism",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/mitsubishi-corp-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
        "https://finwiki.zksc.io/trade/japan-customs-tariff-origin-clearance",
        "https://finwiki.zksc.io/trade/letter-of-credit-documentary-mechanism",
        "https://finwiki.zksc.io/trade/nexi-trade-insurance-mechanism",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8249,
      "word_like_tokens": 1344,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trade/incoterms-2020-trade-terms-framework.md",
      "url": "https://finwiki.zksc.io/trade/incoterms-2020-trade-terms-framework",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/incoterms-2020-trade-terms-framework.md",
      "title": "Incoterms 2020 — the ICC trade-terms framework",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and pairs directly with the letter of credit / documentary credit mechanism, because the Incoterms rule a contract chooses determines which transport and insurance documents an L/C must call for. It also connects to the cargo risk-transfer layer in marine cargo / P&",
      "headings": [
        "Incoterms 2020 — the ICC trade-terms framework",
        "Wiki route",
        "TL;DR",
        "The 11 rules of Incoterms 2020",
        "Rules for any mode (including multimodal)",
        "Rules for sea and inland waterway only",
        "The cost / risk transfer point — the core idea",
        "What changed from Incoterms 2010 to 2020",
        "Interaction with letters of credit and trade finance",
        "What Incoterms deliberately leave out"
      ],
      "wikilinks": [
        "INDEX",
        "insurance/marine-insurance-and-pi-cover-market",
        "policy-finance/INDEX",
        "policy-finance/nexi-export-credit-insurance-products",
        "trade/INDEX",
        "trade/documentary-collection-vs-letter-of-credit",
        "trade/jetro-vs-nexi-vs-jbic-comparison",
        "trade/letter-of-credit-documentary-mechanism"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison",
        "https://finwiki.zksc.io/trade/letter-of-credit-documentary-mechanism"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8342,
      "word_like_tokens": 1494,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "trade/japan-customs-tariff-origin-clearance.md",
      "url": "https://finwiki.zksc.io/trade/japan-customs-tariff-origin-clearance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/japan-customs-tariff-origin-clearance.md",
      "title": "通関・関税・原産地証明 (customs clearance, tariff, certificate of origin) — the gate every cross-border shipment passes",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and documents the border-clearance layer that sits underneath every trade transaction. Read it against its same-domain peer Incoterms 2020 — the Incoterms rule fixes who is responsible for clearing the goods (export and import customs), and this entry explains what",
      "headings": [
        "通関・関税・原産地証明 (customs clearance, tariff, certificate of origin) — the gate every cross-border shipment passes",
        "Wiki route",
        "TL;DR",
        "The three questions customs asks every shipment",
        "HS classification — the universal product language",
        "Tariff (関税) — the duty layered on import",
        "Certificate of origin (原産地証明) — proving economic nationality",
        "How clearance interacts with the Incoterms rule",
        "Boundary cases and pitfalls",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "policy-finance/INDEX",
        "trade/INDEX",
        "trade/incoterms-2020-trade-terms-framework",
        "trade/japan-fta-epa-rcep-utilization",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/incoterms-2020-trade-terms-framework",
        "https://finwiki.zksc.io/trade/japan-fta-epa-rcep-utilization",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7558,
      "word_like_tokens": 1287,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trade/japan-fta-epa-rcep-utilization.md",
      "url": "https://finwiki.zksc.io/trade/japan-fta-epa-rcep-utilization",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/japan-fta-epa-rcep-utilization.md",
      "title": "FTA / EPA / RCEP utilization — preferential trade agreements and how Japanese firms actually claim them",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and explains the preferential-tariff regime that determines whether a trader pays the MFN duty or a lower (often zero) rate. Its direct same-domain peer is customs, tariff and certificate of origin — that entry covers the general tariff machinery; this one covers th",
      "headings": [
        "FTA / EPA / RCEP utilization — preferential trade agreements and how Japanese firms actually claim them",
        "Wiki route",
        "TL;DR",
        "FTA vs EPA vs the multilateral baseline",
        "Rules of origin — the gate to the preference",
        "Claiming the preference — certification models",
        "The utilization gap — why available ≠ used",
        "Japan's agreement landscape (shape, not exhaustive)",
        "Boundary cases",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "policy-finance/INDEX",
        "trade/INDEX",
        "trade/incoterms-2020-trade-terms-framework",
        "trade/japan-customs-tariff-origin-clearance",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/incoterms-2020-trade-terms-framework",
        "https://finwiki.zksc.io/trade/japan-customs-tariff-origin-clearance",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7530,
      "word_like_tokens": 1273,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trade/jetro-members-gateway-model.md",
      "url": "https://finwiki.zksc.io/trade/jetro-members-gateway-model",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/jetro-members-gateway-model.md",
      "title": "JETRO Members 有料会員制は B2B 提案の入口ゲート",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under JETRO は会員組織ではなく経産省傘下の独立行政法人 and should be read with FinWiki index.",
      "headings": [
        "JETRO Members 有料会員制は B2B 提案の入口ゲート",
        "Wiki route",
        "入会後の利用範囲",
        "Sources",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/jetro-organization-structure"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/jetro-organization-structure"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1597,
      "word_like_tokens": 228,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "trade/jetro-organization-structure.md",
      "url": "https://finwiki.zksc.io/trade/jetro-organization-structure",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/jetro-organization-structure.md",
      "title": "JETRO は会員組織ではなく経産省傘下の独立行政法人",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under JETRO Members 有料会員制は B2B 提案の入口ゲート and should be read with FinWiki index.",
      "headings": [
        "JETRO は会員組織ではなく経産省傘下の独立行政法人",
        "Wiki route",
        "Sources",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "finance/cross-border-m-a-japan",
        "financial-regulators/jbic",
        "fintech/japan-stablecoin-regulatory-landscape",
        "policy-finance/japan-policy-finance-system",
        "policy-finance/nexi",
        "trade/jetro-members-gateway-model"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/policy-finance/japan-policy-finance-system",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/trade/jetro-members-gateway-model"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 1733,
      "word_like_tokens": 270,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "trade/jetro-vs-nexi-vs-jbic-comparison.md",
      "url": "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/jetro-vs-nexi-vs-jbic-comparison.md",
      "title": "JETRO vs NEXI vs JBIC — Japan export-promotion / insurance / financing three-pillar comparison",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and routes into the broader policy-finance INDEX. Read with JETRO 独立行政法人 organisation structure for the JETRO-specific anatomy and Japan project-finance stack diagram for where credit pieces plug into deals.",
      "headings": [
        "JETRO vs NEXI vs JBIC — Japan export-promotion / insurance / financing three-pillar comparison",
        "Wiki route",
        "TL;DR",
        "Three-Pillar Comparison Table",
        "When a Japanese Exporter Uses Which",
        "JETRO — Information and Promotion",
        "NEXI — Export and Investment Insurance",
        "JBIC — The Policy Bank",
        "Domain Boundary — Where JBIC Ends and JICA Begins",
        "Eligibility — Who Can Use Each Institution"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "financial-regulators/jfc",
        "policy-finance/INDEX",
        "policy-finance/japan-eximbank-history",
        "policy-finance/japan-project-finance-stack-diagram",
        "policy-finance/jica",
        "policy-finance/jogmec",
        "policy-finance/nexi",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/INDEX",
        "trade/jetro-members-gateway-model",
        "trade/jetro-organization-structure"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/financial-regulators/jfc",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-eximbank-history",
        "https://finwiki.zksc.io/policy-finance/japan-project-finance-stack-diagram",
        "https://finwiki.zksc.io/policy-finance/jica",
        "https://finwiki.zksc.io/policy-finance/jogmec",
        "https://finwiki.zksc.io/policy-finance/nexi",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/jetro-members-gateway-model",
        "https://finwiki.zksc.io/trade/jetro-organization-structure"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 14853,
      "word_like_tokens": 2330,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "trade/letter-of-credit-documentary-mechanism.md",
      "url": "https://finwiki.zksc.io/trade/letter-of-credit-documentary-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/letter-of-credit-documentary-mechanism.md",
      "title": "Letter of credit (documentary credit) — the trade-settlement mechanism",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and is the trade-finance counterpart to the institutional pages anchored on JETRO vs NEXI vs JBIC. Read it alongside Incoterms 2020 (which defines the delivery point a credit's documents must evidence) and documentary collection vs letter of credit (the lighter, ban",
      "headings": [
        "Letter of credit (documentary credit) — the trade-settlement mechanism",
        "Wiki route",
        "TL;DR",
        "What problem it solves",
        "The parties",
        "The lifecycle",
        "Independence and strict compliance — the two governing doctrines",
        "The rulebook: UCP 600, ISBP, and eUCP",
        "Common credit variants",
        "Where the L/C sits in the trade-finance and settlement stack"
      ],
      "wikilinks": [
        "INDEX",
        "insurance/marine-insurance-and-pi-cover-market",
        "payments/japan-payment-clearing-and-settlement-infrastructure",
        "policy-finance/INDEX",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/INDEX",
        "trade/documentary-collection-vs-letter-of-credit",
        "trade/incoterms-2020-trade-terms-framework",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/payments/japan-payment-clearing-and-settlement-infrastructure",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
        "https://finwiki.zksc.io/trade/incoterms-2020-trade-terms-framework",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 11410,
      "word_like_tokens": 1908,
      "last_modified": "2026-06-03"
    },
    {
      "source_path": "trade/nexi-trade-insurance-mechanism.md",
      "url": "https://finwiki.zksc.io/trade/nexi-trade-insurance-mechanism",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/nexi-trade-insurance-mechanism.md",
      "title": "貿易保険 (export-credit insurance) — the NEXI trade-insurance mechanism that backstops cross-border non-payment",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and explains the insurance layer that sits beside trade settlement. Read it against its same-domain peer documentary collection vs letter of credit — where collections leave the exporter holding buyer-default risk, 貿易保険 (trade insurance) is how that residual risk ge",
      "headings": [
        "貿易保険 (export-credit insurance) — the NEXI trade-insurance mechanism that backstops cross-border non-payment",
        "Wiki route",
        "TL;DR",
        "Why trade insurance exists: the two risk buckets",
        "How the mechanism works",
        "Trade insurance vs the letter of credit",
        "The OECD discipline — why ECAs do not undercut each other",
        "Where it plugs into the Japanese export stack",
        "Boundary cases",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/jbic",
        "insurance/marine-insurance-and-pi-cover-market",
        "policy-finance/INDEX",
        "policy-finance/nexi-export-credit-insurance-products",
        "policy-finance/oecd-export-credit-arrangement",
        "trade/INDEX",
        "trade/documentary-collection-vs-letter-of-credit",
        "trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/jbic",
        "https://finwiki.zksc.io/insurance/marine-insurance-and-pi-cover-market",
        "https://finwiki.zksc.io/policy-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/nexi-export-credit-insurance-products",
        "https://finwiki.zksc.io/policy-finance/oecd-export-credit-arrangement",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
        "https://finwiki.zksc.io/trade/jetro-vs-nexi-vs-jbic-comparison"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 8210,
      "word_like_tokens": 1388,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trade/supply-chain-finance-reverse-factoring.md",
      "url": "https://finwiki.zksc.io/trade/supply-chain-finance-reverse-factoring",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trade/supply-chain-finance-reverse-factoring.md",
      "title": "サプライチェーンファイナンス (supply-chain finance) — buyer-led reverse factoring and the payables-side liquidity layer",
      "domain": "trade",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trade INDEX and covers the buyer-led, payables-side financing programme that complements seller-led receivables finance. Its same-domain peer is forfaiting and international factoring — that entry is seller-initiated (a supplier sells its own receivable); supply-chain finance (",
      "headings": [
        "サプライチェーンファイナンス (supply-chain finance) — buyer-led reverse factoring and the payables-side liquidity layer",
        "Wiki route",
        "TL;DR",
        "Reverse factoring — how it works",
        "Reverse factoring vs factoring — who initiates",
        "Why buyers run SCF programmes",
        "The accounting / disclosure controversy",
        "Where SCF sits in the trade-finance picture",
        "Boundary cases",
        "Related"
      ],
      "wikilinks": [
        "INDEX",
        "payments/INDEX",
        "trade/INDEX",
        "trade/documentary-collection-vs-letter-of-credit",
        "trade/forfaiting-international-factoring",
        "trade/nexi-trade-insurance-mechanism",
        "trading-company-finance/INDEX"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/INDEX",
        "https://finwiki.zksc.io/trade/INDEX",
        "https://finwiki.zksc.io/trade/documentary-collection-vs-letter-of-credit",
        "https://finwiki.zksc.io/trade/forfaiting-international-factoring",
        "https://finwiki.zksc.io/trade/nexi-trade-insurance-mechanism",
        "https://finwiki.zksc.io/trading-company-finance/INDEX"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7918,
      "word_like_tokens": 1320,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trading-company-finance/INDEX.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/INDEX.md",
      "title": "trading-company-finance — 商社系グループ財務 (sogo-shosha group-treasury arms) index",
      "domain": "trading-company-finance",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "trading-company-finance/ holds the internal finance / treasury / factoring arms of the sōgō shōsha (general trading companies) — the non-listed, wholly-owned group-treasury subsidiaries that run cash-management services (CMS), 一括ファクタリング (bulk factoring), intra-group lending, FX / rate-hedge brokerag",
      "headings": [
        "trading-company-finance — 商社系グループ財務 (sogo-shosha group-treasury arms) index",
        "Scope",
        "Disambiguation",
        "Members",
        "Cross-domain bridges",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "cooperative-banks/ja-mitsui-leasing\\",
        "corporate-strategy/INDEX",
        "finance/INDEX",
        "finance/japan-acquisition-finance",
        "finance/japan-listed-financial-groups-investable-universe",
        "financial-conglomerates/INDEX",
        "financial-conglomerates/itochu-corp\\",
        "financial-conglomerates/marubeni-corp\\",
        "financial-conglomerates/mitsubishi-corp\\",
        "financial-conglomerates/mitsui-co\\",
        "financial-conglomerates/sojitz-corp\\",
        "financial-conglomerates/sumitomo-corp\\",
        "financial-conglomerates/toyota-tsusho-corp\\",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mitsubishi-hc-capital\\",
        "leasing-firms/mizuho-lease",
        "leasing-firms/mizuho-lease\\",
        "leasing-firms/smfl",
        "leasing-firms/smfl\\",
        "leasing-firms/tokyo-century",
        "leasing-firms/tokyo-century\\",
        "leasing-firms/toyota-financial",
        "leasing-firms/toyota-financial\\",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/itochu-finance\\",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/marubeni-financial-services\\",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsubishi-corp-finance\\",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/mitsui-bussan-financial-services\\",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sojitz-finance\\",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/sumitomo-corp-financial-management\\",
        "trading-company-finance/toyota-tsusho-finance",
        "trading-company-finance/toyota-tsusho-finance\\"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/corporate-strategy/INDEX",
        "https://finwiki.zksc.io/finance/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-listed-financial-groups-investable-universe",
        "https://finwiki.zksc.io/financial-conglomerates/INDEX",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6047,
      "word_like_tokens": 887,
      "last_modified": "2026-06-04"
    },
    {
      "source_path": "trading-company-finance/itochu-finance.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/itochu-finance.md",
      "title": "伊藤忠ファイナンス (ITOCHU Finance Corporation)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against 東京センチュリー (the same-parent 外向けリース・asset finance platform — 伊藤忠 + みずほ FG の 2 軸株主構造、上場 8439) and 三菱商事フィナンシャルサービス (the closest peer 商社系 group-treasury arm). For the broader peer set, see 三井物産FS, 丸紅フィナンス, 住友商事FM. See banking index for t",
      "headings": [
        "伊藤忠ファイナンス (ITOCHU Finance Corporation)",
        "Wiki route",
        "1. 会社概要",
        "伊藤忠系金融機能の構造",
        "2. 事業セグメント・マップ",
        "伊藤忠商事の事業構造との関係",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "payment-firms/famima-digital-one",
        "trading-company-finance/INDEX",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/payment-firms/famima-digital-one",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3904,
      "word_like_tokens": 560,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/marubeni-financial-services.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/marubeni-financial-services.md",
      "title": "丸紅フィナンス (Marubeni Finance Corporation)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against みずほリース (the listed leasing arm where 丸紅 became a strategic shareholder in 2024) and 芙蓉総合リース (the 芙蓉グループ peer leasing arm — 丸紅 is part of the 芙蓉 community). For peer 商社系 group-treasury arms, see 三菱商事FS, 三井物産FS, 住友商事FM, 伊藤忠ファイナンス. Se",
      "headings": [
        "丸紅フィナンス (Marubeni Finance Corporation)",
        "Wiki route",
        "1. 会社概要",
        "丸紅系金融機能の配置",
        "2. 事業セグメント・マップ",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "non-life-insurers/tokio-marine",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4005,
      "word_like_tokens": 596,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/mitsubishi-corp-finance.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/mitsubishi-corp-finance.md",
      "title": "三菱商事フィナンシャルサービス (Mitsubishi Corporation Financial Services)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against 三菱商事アセットマネジメント for the asset-management adjacent within the same parent, and 三井物産フィナンシャルサービス for the closest peer trading-company group-treasury arm. For the leasing peer set already covered in this wiki — 三菱HCキャピタル (the Mitsubishi",
      "headings": [
        "三菱商事フィナンシャルサービス (Mitsubishi Corporation Financial Services)",
        "Wiki route",
        "1. 会社概要",
        "三菱グループ金融機能の三層構造",
        "2. 事業セグメント・マップ",
        "商社系 group-treasury の典型像",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "asset-managers/mitsubishi-corp-asset-management",
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/fuyo-lease",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/mitsubishi-corp-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/fuyo-lease",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4758,
      "word_like_tokens": 680,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/mitsui-bussan-financial-services.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/mitsui-bussan-financial-services.md",
      "title": "三井物産フィナンシャルサービス (Mitsui & Co. Financial Services)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against 三菱商事フィナンシャルサービス (the closest peer trading-company group-treasury arm) and JA三井リース (the same-parent leasing arm, 三井物産系 + 農林中金 JV). For the broader peer set, see 丸紅フィナンス, 住友商事FM, 伊藤忠ファイナンス. The Mitsui-group banking side is SMBC under",
      "headings": [
        "三井物産フィナンシャルサービス (Mitsui & Co. Financial Services)",
        "Wiki route",
        "1. 会社概要",
        "三井物産の金融機能配置",
        "2. 事業セグメント・マップ",
        "三井物産の事業構造と金融機能",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4223,
      "word_like_tokens": 614,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/sojitz-finance.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/sojitz-finance.md",
      "title": "双日フィナンス (Sojitz Finance)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against 丸紅フィナンス (the closest mid-tier 商社系 group-treasury peer) and 伊藤忠ファイナンス (another peer 商社系 internal-treasury arm). For the mid-tier 商社 captive 比較, see 兼松リース (smaller mid-tier 商社系リース). For 5 大商社系の比較 baseline, see 三菱商事FS / 三井物産FS / 住友商事F",
      "headings": [
        "双日フィナンス (Sojitz Finance)",
        "Wiki route",
        "1. 会社概要",
        "双日と銀行系列",
        "双日系金融機能の配置",
        "2. 事業セグメント・マップ",
        "双日の事業構造と金融機能",
        "競合 / Peer",
        "4. 規制・政策",
        "Related"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/kanematsu-leasing",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/smfg",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sumitomo-corp-financial-management",
        "trading-company-finance/toyota-tsusho-finance"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/kanematsu-leasing",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4113,
      "word_like_tokens": 608,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/sumitomo-corp-financial-management.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/sumitomo-corp-financial-management.md",
      "title": "住友商事フィナンシャルマネジメント (Sumitomo Corporation Financial Management)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against SMFL (the same-parent 外向けリース・asset finance JV with SMFG) and 三菱商事フィナンシャルサービス (the closest peer 商社系 group-treasury arm). For the broader peer set, see 三井物産FS, 伊藤忠ファイナンス, 丸紅フィナンス. See banking index for the broader regulatory boundary",
      "headings": [
        "住友商事フィナンシャルマネジメント (Sumitomo Corporation Financial Management)",
        "Wiki route",
        "1. 会社概要",
        "住友グループ + SMFG 金融機能の配置",
        "2. 事業セグメント・マップ",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "life-insurers/sumitomo-life",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "non-life-insurers/mitsui-sumitomo-insurance",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/toyota-tsusho-finance",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/life-insurers/sumitomo-life",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/non-life-insurers/mitsui-sumitomo-insurance",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4109,
      "word_like_tokens": 586,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trading-company-finance/toyota-tsusho-finance.md",
      "url": "https://finwiki.zksc.io/trading-company-finance/toyota-tsusho-finance",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trading-company-finance/toyota-tsusho-finance.md",
      "title": "豊田通商フィナンス (Toyota Tsusho Finance)",
      "domain": "trading-company-finance",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trading-company-finance INDEX. Read it against トヨタファイナンシャルサービス (TFS) (the Toyota-group captive auto-finance holding, distinct from this 商社系 internal-treasury arm) and トヨタファイナンス (the auto-loan / Toyota dealer finance operating company). For peer 商社系 group-treasury arms, see 三菱商事",
      "headings": [
        "豊田通商フィナンス (Toyota Tsusho Finance)",
        "Wiki route",
        "1. 会社概要",
        "トヨタグループ金融機能の三系統",
        "2. 事業セグメント・マップ",
        "豊田通商の事業構造と金融機能",
        "競合 / Peer",
        "4. 規制・政策",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "banking/INDEX",
        "card-issuers/jcb",
        "card-issuers/toyota-finance",
        "cooperative-banks/ja-mitsui-leasing",
        "finance/japan-acquisition-finance",
        "financial-regulators/boj-monetary-policy",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/mizuho-lease",
        "leasing-firms/smfl",
        "leasing-firms/tokyo-century",
        "leasing-firms/toyota-financial",
        "megabanks/mufg",
        "trading-company-finance/INDEX",
        "trading-company-finance/itochu-finance",
        "trading-company-finance/marubeni-financial-services",
        "trading-company-finance/mitsubishi-corp-finance",
        "trading-company-finance/mitsui-bussan-financial-services",
        "trading-company-finance/sojitz-finance",
        "trading-company-finance/sumitomo-corp-financial-management"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/card-issuers/jcb",
        "https://finwiki.zksc.io/card-issuers/toyota-finance",
        "https://finwiki.zksc.io/cooperative-banks/ja-mitsui-leasing",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/financial-regulators/boj-monetary-policy",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/mizuho-lease",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/leasing-firms/tokyo-century",
        "https://finwiki.zksc.io/leasing-firms/toyota-financial",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/trading-company-finance/INDEX",
        "https://finwiki.zksc.io/trading-company-finance/itochu-finance",
        "https://finwiki.zksc.io/trading-company-finance/marubeni-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/mitsubishi-corp-finance",
        "https://finwiki.zksc.io/trading-company-finance/mitsui-bussan-financial-services",
        "https://finwiki.zksc.io/trading-company-finance/sojitz-finance",
        "https://finwiki.zksc.io/trading-company-finance/sumitomo-corp-financial-management"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4458,
      "word_like_tokens": 632,
      "last_modified": "2026-06-24"
    },
    {
      "source_path": "trust-banks/INDEX.md",
      "url": "https://finwiki.zksc.io/trust-banks/INDEX",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/INDEX.md",
      "title": "trust-banks — Japanese trust banks & trust companies index",
      "domain": "trust-banks",
      "entry_type": "domain_index",
      "canonical_anchor": "",
      "summary": "trust-banks/ contains 47 entries (excluding INDEX, 48 total with the registry page) covering Japanese trust banks (信託銀行) and trust companies (信託会社) — licensed full-service and asset-administration trust banks, plus the long tail of management-type and operating-type trust companies (real-estate / es",
      "headings": [
        "trust-banks — Japanese trust banks & trust companies index",
        "Overview",
        "Registry of record",
        "Members",
        "Trust banks (信託銀行) (13)",
        "Real-estate / estate-planning trust companies (19)",
        "Other trust companies (信託会社) (14)",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "JapanFG/INDEX",
        "banking/INDEX",
        "financial-licenses/INDEX",
        "securities/INDEX",
        "trust-banks/alterna-trust",
        "trust-banks/asahi-trust",
        "trust-banks/capital-trust",
        "trust-banks/castglobal-trust",
        "trust-banks/custody-bank",
        "trust-banks/daito-mirai-trust",
        "trust-banks/daiwa-living-trust",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/fintech-global-trust",
        "trust-banks/first-trust",
        "trust-banks/fpg-trust",
        "trust-banks/fukushi-trust",
        "trust-banks/greif-trust",
        "trust-banks/hogaraka-trust",
        "trust-banks/jia-trust",
        "trust-banks/jsf-trust-bank",
        "trust-banks/jvalue-trust",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/kotaeru-trust",
        "trust-banks/kyodo-trust",
        "trust-banks/lgt-wealth-management-trust",
        "trust-banks/lombard-odier-trust",
        "trust-banks/master-trust-bank",
        "trust-banks/midori-trust",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/miyoshi-smile-trust",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/mizuho-trust-bank-detail",
        "trust-banks/nichizei-trust",
        "trust-banks/nochu-trust-bank",
        "trust-banks/nomura-trust-bank",
        "trust-banks/oag-trust",
        "trust-banks/orient-trust-japan",
        "trust-banks/orix-bank",
        "trust-banks/pasona-ip-trust",
        "trust-banks/ryugaku-anshin-trust",
        "trust-banks/sbi-shinsei-trust-bank",
        "trust-banks/sekisui-house-trust",
        "trust-banks/smbc-trust-bank",
        "trust-banks/smtb",
        "trust-banks/starts-trust",
        "trust-banks/sumire-regional-trust",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/trust-companies-japan-index",
        "trust-banks/uk-trust",
        "trust-banks/yamada-escrow-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/JapanFG/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/trust-banks/alterna-trust",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/capital-trust",
        "https://finwiki.zksc.io/trust-banks/castglobal-trust",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/daito-mirai-trust",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/fintech-global-trust",
        "https://finwiki.zksc.io/trust-banks/first-trust",
        "https://finwiki.zksc.io/trust-banks/fpg-trust",
        "https://finwiki.zksc.io/trust-banks/fukushi-trust",
        "https://finwiki.zksc.io/trust-banks/greif-trust",
        "https://finwiki.zksc.io/trust-banks/hogaraka-trust",
        "https://finwiki.zksc.io/trust-banks/jia-trust",
        "https://finwiki.zksc.io/trust-banks/jsf-trust-bank",
        "https://finwiki.zksc.io/trust-banks/jvalue-trust",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/kotaeru-trust",
        "https://finwiki.zksc.io/trust-banks/kyodo-trust",
        "https://finwiki.zksc.io/trust-banks/lgt-wealth-management-trust",
        "https://finwiki.zksc.io/trust-banks/lombard-odier-trust",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/midori-trust",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/miyoshi-smile-trust",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank-detail",
        "https://finwiki.zksc.io/trust-banks/nichizei-trust",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank",
        "https://finwiki.zksc.io/trust-banks/oag-trust",
        "https://finwiki.zksc.io/trust-banks/orient-trust-japan",
        "https://finwiki.zksc.io/trust-banks/orix-bank",
        "https://finwiki.zksc.io/trust-banks/pasona-ip-trust",
        "https://finwiki.zksc.io/trust-banks/ryugaku-anshin-trust",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/starts-trust",
        "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index",
        "https://finwiki.zksc.io/trust-banks/uk-trust",
        "https://finwiki.zksc.io/trust-banks/yamada-escrow-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3968,
      "word_like_tokens": 604,
      "last_modified": "2026-06-23"
    },
    {
      "source_path": "trust-banks/alterna-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/alterna-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/alterna-trust.md",
      "title": "オルタナ信託 (Alterna Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Alterna Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Progmat, Progmat stablecoin / digital asset route, ODX, and SMTB.",
      "headings": [
        "オルタナ信託 (Alterna Trust)",
        "Wiki route",
        "TL;DR",
        "Entity boundary",
        "Digital securities trust role",
        "Group / alliance relationship",
        "MDM side",
        "Sumitomo Mitsui Trust side",
        "Progmat boundary",
        "Why standalone page matters"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/securities-license-stack",
        "fintech/jp-stablecoin-progmat",
        "payment-firms/progmat",
        "securities/osaka-digital-exchange",
        "trust-banks/INDEX",
        "trust-banks/smtb",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 6309,
      "word_like_tokens": 1015,
      "last_modified": "2026-06-25"
    },
    {
      "source_path": "trust-banks/asahi-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/asahi-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/asahi-trust.md",
      "title": "Asahi Trust / 朝日信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/asahi-trust",
      "headings": [
        "Asahi Trust / 朝日信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "insurance/japan-life-insurance-big-four",
        "trust-banks/INDEX",
        "trust-banks/asahi-trust",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/nichizei-trust",
        "trust-banks/oag-trust",
        "trust-banks/smtb",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nichizei-trust",
        "https://finwiki.zksc.io/trust-banks/oag-trust",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2425,
      "word_like_tokens": 400,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/capital-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/capital-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/capital-trust.md",
      "title": "Capital Trust / キャピタル信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/capital-trust",
      "headings": [
        "Capital Trust / キャピタル信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-acquisition-finance",
        "securities/japan-market-infrastructure-map",
        "trust-banks/INDEX",
        "trust-banks/asahi-trust",
        "trust-banks/capital-trust",
        "trust-banks/lombard-odier-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/capital-trust",
        "https://finwiki.zksc.io/trust-banks/lombard-odier-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2453,
      "word_like_tokens": 377,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/castglobal-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/castglobal-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/castglobal-trust.md",
      "title": "CastGlobal Trust / キャストグローバル信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/castglobal-trust",
      "headings": [
        "CastGlobal Trust / キャストグローバル信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "payments/account-to-account-payment-japan",
        "trust-banks/INDEX",
        "trust-banks/castglobal-trust",
        "trust-banks/kyodo-trust",
        "trust-banks/trust-companies-japan-index",
        "trust-banks/yamada-escrow-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/castglobal-trust",
        "https://finwiki.zksc.io/trust-banks/kyodo-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index",
        "https://finwiki.zksc.io/trust-banks/yamada-escrow-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2276,
      "word_like_tokens": 349,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/custody-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/custody-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/custody-bank.md",
      "title": "日本カストディ銀行 (CBJ)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX. Read it against 日本マスタートラスト信託銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "日本カストディ銀行 (CBJ)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主（公開資料、2020-07-27 現在）^[extracted]",
        "重要性 ★",
        "合併歴史・前身",
        "2. 事業セグメント・マップ",
        "専業ポジション",
        "競合・国内 2 強体制"
      ],
      "wikilinks": [
        "banking/INDEX",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "trust-banks/INDEX",
        "trust-banks/master-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5605,
      "word_like_tokens": 956,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "trust-banks/daito-mirai-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/daito-mirai-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/daito-mirai-trust.md",
      "title": "Daito Mirai Trust / 大東みらい信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/daito-mirai-trust",
      "headings": [
        "Daito Mirai Trust / 大東みらい信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "trust-banks/INDEX",
        "trust-banks/daito-mirai-trust",
        "trust-banks/daiwa-living-trust",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/starts-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/daito-mirai-trust",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/starts-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2233,
      "word_like_tokens": 356,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/daiwa-living-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/daiwa-living-trust.md",
      "title": "大和リビング信託 (Daiwa Living Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Daiwa Living Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan trust-bank custody map, Japan acquisition finance, and Starts Trust.",
      "headings": [
        "大和リビング信託 (Daiwa Living Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/japan-acquisition-finance",
        "policy-finance/japan-housing-finance-agency",
        "trust-banks/INDEX",
        "trust-banks/starts-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/starts-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3068,
      "word_like_tokens": 496,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/escrow-agent-japan-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/escrow-agent-japan-trust.md",
      "title": "エスクロー・エージェント・ジャパン信託 (Escrow Agent Japan Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Escrow Agent Japan Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan MBO / squeeze-out process, Japan acquisition finance, and Japan trust-bank custody map.",
      "headings": [
        "エスクロー・エージェント・ジャパン信託 (Escrow Agent Japan Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/japan-acquisition-finance",
        "finance/japan-mbo-and-squeeze-out-process",
        "trust-banks/INDEX",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3274,
      "word_like_tokens": 519,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/fintech-global-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/fintech-global-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/fintech-global-trust.md",
      "title": "フィンテックグローバル信託 (Fintech Global Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Fintech Global Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan acquisition finance, cross-border M&A Japan, and Japan trust-bank custody map.",
      "headings": [
        "フィンテックグローバル信託 (Fintech Global Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
        "trust-banks/INDEX",
        "trust-banks/fpg-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/fpg-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3059,
      "word_like_tokens": 495,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/first-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/first-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/first-trust.md",
      "title": "First Trust Japan / ファースト信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/first-trust",
      "headings": [
        "First Trust Japan / ファースト信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "trust-banks/INDEX",
        "trust-banks/first-trust",
        "trust-banks/jvalue-trust",
        "trust-banks/kyodo-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/first-trust",
        "https://finwiki.zksc.io/trust-banks/jvalue-trust",
        "https://finwiki.zksc.io/trust-banks/kyodo-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2011,
      "word_like_tokens": 332,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/fpg-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/fpg-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/fpg-trust.md",
      "title": "FPG信託 (FPG Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "FPG Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan acquisition finance, cross-border M&A Japan, and Japan trust-bank custody map.",
      "headings": [
        "FPG信託 (FPG Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/cross-border-m-a-japan",
        "finance/japan-acquisition-finance",
        "trust-banks/INDEX",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/cross-border-m-a-japan",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3268,
      "word_like_tokens": 549,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/fukushi-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/fukushi-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/fukushi-trust.md",
      "title": "ふくし信託 (Fukushi Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Fukushi Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan trust-bank custody map, Japan foundation requirements, and Hogaraka Trust.",
      "headings": [
        "ふくし信託 (Fukushi Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "non-profit/japan-general-foundation-establishment-requirements",
        "trust-banks/INDEX",
        "trust-banks/hogaraka-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/non-profit/japan-general-foundation-establishment-requirements",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/hogaraka-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3169,
      "word_like_tokens": 476,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/greif-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/greif-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/greif-trust.md",
      "title": "Greif Trust / グライフ信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/greif-trust",
      "headings": [
        "Greif Trust / グライフ信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/securities-license-stack",
        "trust-banks/INDEX",
        "trust-banks/greif-trust",
        "trust-banks/miyoshi-smile-trust",
        "trust-banks/sumire-regional-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/greif-trust",
        "https://finwiki.zksc.io/trust-banks/miyoshi-smile-trust",
        "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2115,
      "word_like_tokens": 325,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/hogaraka-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/hogaraka-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/hogaraka-trust.md",
      "title": "ほがらか信託 (Hogaraka Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Hogaraka Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with retail, Japan trust-bank custody map, and Daiwa Living Trust.",
      "headings": [
        "ほがらか信託 (Hogaraka Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "retail/INDEX",
        "trust-banks/INDEX",
        "trust-banks/daiwa-living-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/retail/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3015,
      "word_like_tokens": 476,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/jia-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/jia-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/jia-trust.md",
      "title": "JIA Trust / JIA信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/jia-trust",
      "headings": [
        "JIA Trust / JIA信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-acquisition-finance",
        "securities/financial-instruments-business-operators-japan-index",
        "trust-banks/INDEX",
        "trust-banks/capital-trust",
        "trust-banks/jia-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/capital-trust",
        "https://finwiki.zksc.io/trust-banks/jia-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2191,
      "word_like_tokens": 351,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/jsf-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/jsf-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/jsf-trust-bank.md",
      "title": "日証金信託銀行 (JSF Trust and Banking)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "JSF Trust and Banking is the trust-bank subsidiary route for Japan Securities Finance. Read it with margin trading / securities finance, stock lending, Japan market infrastructure, and trust-bank custody map.",
      "headings": [
        "日証金信託銀行 (JSF Trust and Banking)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Line Map",
        "Public Context",
        "Regulatory / Research Notes",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "exchanges/INDEX",
        "financial-licenses/securities-license-stack",
        "financial-regulators/japan-securities-finance",
        "securities/financial-instruments-business-operators-japan-index",
        "securities/japan-margin-trading-and-securities-finance",
        "securities/japan-market-infrastructure-map",
        "securities/japan-stock-lending-market-route",
        "securities/osaka-digital-exchange",
        "trust-banks/INDEX",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/sbi-shinsei-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/exchanges/INDEX",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/financial-regulators/japan-securities-finance",
        "https://finwiki.zksc.io/securities/financial-instruments-business-operators-japan-index",
        "https://finwiki.zksc.io/securities/japan-margin-trading-and-securities-finance",
        "https://finwiki.zksc.io/securities/japan-market-infrastructure-map",
        "https://finwiki.zksc.io/securities/japan-stock-lending-market-route",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5208,
      "word_like_tokens": 798,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/jvalue-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/jvalue-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/jvalue-trust.md",
      "title": "JValue Trust / ジェイバリュー信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/jvalue-trust",
      "headings": [
        "JValue Trust / ジェイバリュー信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "trust-banks/INDEX",
        "trust-banks/capital-trust",
        "trust-banks/first-trust",
        "trust-banks/jvalue-trust",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/capital-trust",
        "https://finwiki.zksc.io/trust-banks/first-trust",
        "https://finwiki.zksc.io/trust-banks/jvalue-trust",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2122,
      "word_like_tokens": 352,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/kainuma-trust-real-estate.md",
      "url": "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/kainuma-trust-real-estate.md",
      "title": "Kainuma Trust Real Estate / 貝沼信託不動産",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/kainuma-trust-real-estate",
      "headings": [
        "Kainuma Trust Real Estate / 貝沼信託不動産",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "trust-banks/INDEX",
        "trust-banks/daito-mirai-trust",
        "trust-banks/daiwa-living-trust",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/sekisui-house-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/daito-mirai-trust",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2280,
      "word_like_tokens": 360,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/kiriu-real-estate-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/kiriu-real-estate-trust.md",
      "title": "Kiriu Real Estate Trust / きりう不動産信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/kiriu-real-estate-trust",
      "headings": [
        "Kiriu Real Estate Trust / きりう不動産信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "trust-banks/INDEX",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/sekisui-house-trust",
        "trust-banks/sumire-regional-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
        "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2327,
      "word_like_tokens": 375,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/kotaeru-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/kotaeru-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/kotaeru-trust.md",
      "title": "Kotaeru Trust / コタエル信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/kotaeru-trust",
      "headings": [
        "Kotaeru Trust / コタエル信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-large-shareholding-disclosure",
        "finance/japan-shareholder-proposal-and-agm-voting",
        "financial-licenses/securities-license-stack",
        "trust-banks/INDEX",
        "trust-banks/kotaeru-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-large-shareholding-disclosure",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/kotaeru-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2416,
      "word_like_tokens": 377,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/kyodo-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/kyodo-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/kyodo-trust.md",
      "title": "Kyodo Trust / 共同信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/kyodo-trust",
      "headings": [
        "Kyodo Trust / 共同信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "payments/account-to-account-payment-japan",
        "trust-banks/INDEX",
        "trust-banks/castglobal-trust",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/kyodo-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/account-to-account-payment-japan",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/castglobal-trust",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/kyodo-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2205,
      "word_like_tokens": 357,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/lgt-wealth-management-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/lgt-wealth-management-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/lgt-wealth-management-trust.md",
      "title": "LGTウェルスマネジメント信託 (LGT Wealth Management Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "LGT Wealth Management Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with UBS Japan, SMBC Trust Bank, Mitsubishi UFJ Trust Bank, and Japan trust-bank custody map.",
      "headings": [
        "LGTウェルスマネジメント信託 (LGT Wealth Management Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "foreign-financial-institutions/ubs-japan",
        "trust-banks/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3537,
      "word_like_tokens": 565,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/lombard-odier-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/lombard-odier-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/lombard-odier-trust.md",
      "title": "Lombard Odier Trust Japan / ロンバー・オディエ信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/lombard-odier-trust",
      "headings": [
        "Lombard Odier Trust Japan / ロンバー・オディエ信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-licenses/foreign-financial-group-adjacent-licenses",
        "financial-licenses/securities-license-stack",
        "trust-banks/INDEX",
        "trust-banks/lgt-wealth-management-trust",
        "trust-banks/lombard-odier-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-licenses/foreign-financial-group-adjacent-licenses",
        "https://finwiki.zksc.io/financial-licenses/securities-license-stack",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/lgt-wealth-management-trust",
        "https://finwiki.zksc.io/trust-banks/lombard-odier-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2549,
      "word_like_tokens": 405,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/master-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/master-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/master-trust-bank.md",
      "title": "日本マスタートラスト信託銀行",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX. Read it against 日本カストディ銀行 (CBJ) for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "日本マスタートラスト信託銀行",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "主要株主（公開資料）^[extracted]",
        "機能ポジション",
        "重要年表 ^[extracted]",
        "2. 事業セグメント・マップ",
        "業界構造 — カストディ 2 強体制",
        "「信託口」名義の意味"
      ],
      "wikilinks": [
        "banking/INDEX",
        "cooperative-banks/norinchukin",
        "life-insurers/meiji-yasuda",
        "life-insurers/nippon-life",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "trust-banks/INDEX",
        "trust-banks/custody-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/life-insurers/meiji-yasuda",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4839,
      "word_like_tokens": 733,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "trust-banks/midori-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/midori-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/midori-trust.md",
      "title": "Midori Trust / みどり信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/midori-trust",
      "headings": [
        "Midori Trust / みどり信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "insurance/japan-life-insurance-big-four",
        "life-insurers/midori-life",
        "trust-banks/INDEX",
        "trust-banks/asahi-trust",
        "trust-banks/midori-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/insurance/japan-life-insurance-big-four",
        "https://finwiki.zksc.io/life-insurers/midori-life",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/midori-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2365,
      "word_like_tokens": 401,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/mitsubishi-ufj-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/mitsubishi-ufj-trust-bank.md",
      "title": "三菱UFJ信託銀行 (MUTB)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三井住友信託銀行 (SMTB) and みずほ信託銀行 for peer / contrast (the other megabank-group trust banks), and against the FSA plus banking for the supervisory / system boundary. The commercial-bank sibling in the same group is 三菱UFJ銀行.",
      "headings": [
        "三菱UFJ信託銀行 (MUTB)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-regulators/fsa",
        "fintech/jp-stablecoin-progmat",
        "megabanks/mufg",
        "megabanks/mufg-bank",
        "trust-banks/INDEX",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/mufg-bank",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2587,
      "word_like_tokens": 384,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/miyoshi-smile-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/miyoshi-smile-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/miyoshi-smile-trust.md",
      "title": "Miyoshi Smile Trust / 三好スマイル信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/miyoshi-smile-trust",
      "headings": [
        "Miyoshi Smile Trust / 三好スマイル信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "policy-finance/japan-housing-finance-agency",
        "trust-banks/INDEX",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/miyoshi-smile-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/miyoshi-smile-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2320,
      "word_like_tokens": 376,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/mizuho-trust-bank-detail.md",
      "url": "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank-detail",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/mizuho-trust-bank-detail.md",
      "title": "みずほ信託銀行 事業詳細 (Mizuho Trust & Banking Operating Profile)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX and complements the company-level summary at みずほ信託銀行. Read it against 三菱UFJ信託銀行 (MUTB) / 三井住友信託銀行 for peer trust-bank competitor context, みずほFG / みずほ銀行 for parent-group sister context, and banking index for the broader system / regulatory boundary.",
      "headings": [
        "みずほ信託銀行 事業詳細 (Mizuho Trust & Banking Operating Profile)",
        "Wiki route",
        "TL;DR",
        "1. 親グループ関係（みずほ FG）",
        "2. 法人沿革",
        "3. ライセンス・規制境界",
        "4. 事業セグメント詳細",
        "4.1 年金信託・年金運用",
        "4.2 不動産信託・不動産仲介",
        "4.3 証券代行（株主名簿管理）"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "securities-firms/mizuho-securities",
        "trust-banks/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5045,
      "word_like_tokens": 759,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/mizuho-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/mizuho-trust-bank.md",
      "title": "みずほ信託銀行 (Mizuho Trust & Banking)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三菱UFJ信託銀行 (MUTB) and 三井住友信託銀行 (SMTB) for peer / contrast (the other megabank-group trust banks), and against the FSA plus banking for the supervisory / system boundary. The commercial-bank sibling in the same group is みずほ銀行.",
      "headings": [
        "みずほ信託銀行 (Mizuho Trust & Banking)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "asset-managers/asset-management-one",
        "banking/INDEX",
        "financial-regulators/fsa",
        "megabanks/mizuho-bank",
        "megabanks/mizuho-fg",
        "securities-firms/mizuho-securities",
        "trust-banks/INDEX",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/asset-managers/asset-management-one",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/mizuho-bank",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/securities-firms/mizuho-securities",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2539,
      "word_like_tokens": 358,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/nichizei-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/nichizei-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/nichizei-trust.md",
      "title": "Nichizei Trust / 日税信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/nichizei-trust",
      "headings": [
        "Nichizei Trust / 日税信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "trust-banks/INDEX",
        "trust-banks/asahi-trust",
        "trust-banks/midori-trust",
        "trust-banks/nichizei-trust",
        "trust-banks/oag-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/midori-trust",
        "https://finwiki.zksc.io/trust-banks/nichizei-trust",
        "https://finwiki.zksc.io/trust-banks/oag-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2090,
      "word_like_tokens": 331,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/nochu-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/nochu-trust-bank.md",
      "title": "農中信託銀行 (Norinchukin Trust & Banking)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三菱UFJ信託銀行 (MUTB) for megabank-group peer / contrast, and against the FSA plus banking for the supervisory / system boundary. Its parent — the cooperative central bank — is 農林中央金庫.",
      "headings": [
        "農中信託銀行 (Norinchukin Trust & Banking)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/cooperative-banking-japan",
        "banking/ja-bank-system-japan",
        "banking/jf-marine-bank-system-japan",
        "cooperative-banks/norinchukin",
        "financial-regulators/fsa",
        "trust-banks/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/cooperative-banking-japan",
        "https://finwiki.zksc.io/banking/ja-bank-system-japan",
        "https://finwiki.zksc.io/banking/jf-marine-bank-system-japan",
        "https://finwiki.zksc.io/cooperative-banks/norinchukin",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2461,
      "word_like_tokens": 342,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/nomura-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/nomura-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/nomura-trust-bank.md",
      "title": "野村信託銀行 (Nomura Trust Bank)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX. Read it with banking index for adjacent context, 野村 HD for parent group context, SMTB / MUTB for peer trust-bank comparison, and 金融ライセンス INDEX for the broader regulatory boundary.",
      "headings": [
        "野村信託銀行 (Nomura Trust Bank)",
        "Wiki route",
        "1. 法人・ライセンス境界",
        "2. 親会社 野村 HD 構造",
        "4. 主要業務 — 証券グループ付随の信託機能",
        "5. 重要年表",
        "6. ピア比較 — 信託銀行マーケット",
        "7. 監督・規制",
        "8. Counterpoints",
        "9. Open questions"
      ],
      "wikilinks": [
        "asset-managers/nomura-asset-management",
        "banking/INDEX",
        "banking/post-megabank-positioning",
        "financial-licenses/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "regional-banks/daiwa-next-bank",
        "regional-banks/sbi-shinsei-bank",
        "securities-firms/daiwa-securities-group",
        "securities-firms/nomura-hd",
        "securities-firms/nomura-securities",
        "securities/INDEX",
        "trust-banks/INDEX",
        "trust-banks/japan-trustee-services-bank",
        "trust-banks/master-trust-bank-of-japan",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-banking",
        "trust-banks/sbi-shinsei-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/asset-managers/nomura-asset-management",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-licenses/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/nomura-hd",
        "https://finwiki.zksc.io/securities/INDEX",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4725,
      "word_like_tokens": 763,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/oag-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/oag-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/oag-trust.md",
      "title": "OAG信託 (OAG Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "OAG Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan trust-bank custody map, Japan acquisition finance, and Yamada Escrow Trust.",
      "headings": [
        "OAG信託 (OAG Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/japan-acquisition-finance",
        "trust-banks/INDEX",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/trust-companies-japan-index",
        "trust-banks/yamada-escrow-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index",
        "https://finwiki.zksc.io/trust-banks/yamada-escrow-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3227,
      "word_like_tokens": 532,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/orient-trust-japan.md",
      "url": "https://finwiki.zksc.io/trust-banks/orient-trust-japan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/orient-trust-japan.md",
      "title": "ノーザン・トラスト・ジャパン (Northern Trust Japan)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX as a foreign-affiliated trust / asset-servicing subsidiary anchor. Read it against State Street Japan / BNY Mellon Japan / JPMorgan Japan for the foreign custodian / asset-servicing peer cluster, マスタートラスト信託銀行 / 三菱 UFJ 信託銀行 for the domestic trust peer cluster,",
      "headings": [
        "ノーザン・トラスト・ジャパン (Northern Trust Japan)",
        "Wiki route",
        "1. 親会社概要",
        "2. 日本拠点法人構成（公開情報ベース）",
        "3. 業務ライン",
        "主要顧客タイプ",
        "4. 親会社・日本の競合関係",
        "米 3 大カストディの相対位置",
        "5. KPI（親会社は SEC 開示ベース、日本拠点は非開示）",
        "6.1 米 3 大カストディの末尾としての差別化"
      ],
      "wikilinks": [
        "asset-managers/daiwa-am",
        "asset-managers/mitsubishi-ufj-am",
        "asset-managers/nomura-am",
        "banking/japan-trust-bank-custody-map",
        "card-issuers/orico",
        "foreign-financial-institutions/bny-mellon-japan",
        "foreign-financial-institutions/citigroup-japan",
        "foreign-financial-institutions/jpmorgan-japan",
        "foreign-financial-institutions/state-street-japan",
        "foreign-financial-institutions/ubs-japan",
        "life-insurers/dai-ichi-life",
        "life-insurers/nippon-life",
        "non-life-insurers/tokio-marine",
        "trust-banks/INDEX",
        "trust-banks/lgt-wealth-management-trust",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/card-issuers/orico",
        "https://finwiki.zksc.io/foreign-financial-institutions/bny-mellon-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/citigroup-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/jpmorgan-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/state-street-japan",
        "https://finwiki.zksc.io/foreign-financial-institutions/ubs-japan",
        "https://finwiki.zksc.io/life-insurers/dai-ichi-life",
        "https://finwiki.zksc.io/life-insurers/nippon-life",
        "https://finwiki.zksc.io/non-life-insurers/tokio-marine",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/lgt-wealth-management-trust",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 7268,
      "word_like_tokens": 1109,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/orix-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/orix-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/orix-bank.md",
      "title": "オリックス銀行 (ORIX Bank)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三菱UFJ信託銀行 (MUTB) for the contrast with a full-service megabank-group trust bank — ORIX Bank is a different animal — and against the FSA plus banking for the supervisory / system boundary. Its current parent is ORIX.",
      "headings": [
        "オリックス銀行 (ORIX Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/post-megabank-positioning",
        "financial-regulators/fsa",
        "leasing-firms/orix-corp",
        "regional-banks/daiwa-next-bank",
        "securities-firms/daiwa-sg",
        "trust-banks/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/post-megabank-positioning",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/leasing-firms/orix-corp",
        "https://finwiki.zksc.io/regional-banks/daiwa-next-bank",
        "https://finwiki.zksc.io/securities-firms/daiwa-sg",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3080,
      "word_like_tokens": 466,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/pasona-ip-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/pasona-ip-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/pasona-ip-trust.md",
      "title": "パソナ知財信託 (Pasona IP Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Pasona IP Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan acquisition finance, business cases, and Japan trust-bank custody map.",
      "headings": [
        "パソナ知財信託 (Pasona IP Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "business/INDEX",
        "finance/japan-acquisition-finance",
        "trust-banks/INDEX",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/business/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3272,
      "word_like_tokens": 514,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/ryugaku-anshin-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/ryugaku-anshin-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/ryugaku-anshin-trust.md",
      "title": "Ryugaku Anshin Trust / 留学安心信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/ryugaku-anshin-trust",
      "headings": [
        "Ryugaku Anshin Trust / 留学安心信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "payments/prepaid-payment-instrument-issuers-japan-index",
        "payments/psp-merchant-settlement-risk",
        "trust-banks/INDEX",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/ryugaku-anshin-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/payments/prepaid-payment-instrument-issuers-japan-index",
        "https://finwiki.zksc.io/payments/psp-merchant-settlement-risk",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/ryugaku-anshin-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2359,
      "word_like_tokens": 389,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/sbi-shinsei-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/sbi-shinsei-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/sbi-shinsei-trust-bank.md",
      "title": "SBI新生信託銀行 (SBI Shinsei Trust Bank)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "SBI Shinsei Trust Bank is a licensed trust-bank operating-company page under trust-banks INDEX. Read it with SBI Shinsei Bank, SBI Holdings, Mitsubishi UFJ Trust Bank, Progmat, Japan stablecoin regulation, and Japan trust-bank custody map.",
      "headings": [
        "SBI新生信託銀行 (SBI Shinsei Trust Bank)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Line Map",
        "Public Context",
        "Regulatory / Research Notes",
        "Caveats",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "exchanges/jp-exchange-sbi-vc-trade",
        "finance/japan-acquisition-finance",
        "fintech/japan-stablecoin-regulatory-landscape",
        "fintech/jp-stablecoin-progmat",
        "megabanks/sbi-hd",
        "payment-firms/progmat",
        "regional-banks/sbi-shinsei-bank",
        "securities-firms/sbi-securities",
        "securities/osaka-digital-exchange",
        "trust-banks/INDEX",
        "trust-banks/jsf-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/exchanges/jp-exchange-sbi-vc-trade",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/fintech/japan-stablecoin-regulatory-landscape",
        "https://finwiki.zksc.io/fintech/jp-stablecoin-progmat",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/progmat",
        "https://finwiki.zksc.io/regional-banks/sbi-shinsei-bank",
        "https://finwiki.zksc.io/securities-firms/sbi-securities",
        "https://finwiki.zksc.io/securities/osaka-digital-exchange",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/jsf-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 5965,
      "word_like_tokens": 937,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/sekisui-house-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/sekisui-house-trust.md",
      "title": "積水ハウス信託 (Sekisui House Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Sekisui House Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan trust-bank custody map, Japan Housing Finance Agency, and Daiwa Living Trust.",
      "headings": [
        "積水ハウス信託 (Sekisui House Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "manufacturer-finance/INDEX",
        "policy-finance/japan-housing-finance-agency",
        "trust-banks/INDEX",
        "trust-banks/daiwa-living-trust",
        "trust-banks/starts-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/manufacturer-finance/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-housing-finance-agency",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/starts-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3271,
      "word_like_tokens": 515,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/smbc-trust-bank.md",
      "url": "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/smbc-trust-bank.md",
      "title": "SMBC信託銀行 (SMBC Trust Bank)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三菱UFJ信託銀行 (MUTB) for peer / contrast and — critically — against 三井住友信託銀行 (SMTB), a similarly-named but separate-group trust bank. For the supervisory / system boundary see the FSA plus banking. The commercial-bank sibling in",
      "headings": [
        "SMBC信託銀行 (SMBC Trust Bank)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "banking/foreign-bank-japan-retreat",
        "financial-regulators/fsa",
        "megabanks/smfg",
        "megabanks/sumitomo-mitsui-banking-corp",
        "securities-firms/smbc-nikko",
        "trust-banks/INDEX",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/smtb"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/banking/foreign-bank-japan-retreat",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/megabanks/sumitomo-mitsui-banking-corp",
        "https://finwiki.zksc.io/securities-firms/smbc-nikko",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2594,
      "word_like_tokens": 389,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/smtb.md",
      "url": "https://finwiki.zksc.io/trust-banks/smtb",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/smtb.md",
      "title": "三井住友信託銀行 (SMTB)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX (its domain route). Read it against 三菱UFJ信託銀行 (MUTB) and みずほ信託銀行 for peer / contrast, and — critically — against SMBC信託銀行, a similarly-named but separate-group trust bank. For the supervisory / system boundary see the FSA plus banking. Its holding-company pare",
      "headings": [
        "三井住友信託銀行 (SMTB)",
        "Wiki route",
        "TL;DR",
        "1. License / group boundary",
        "2. Operating model",
        "3. Why this page matters",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/INDEX",
        "financial-regulators/fsa",
        "megabanks/smfg",
        "trust-banks/INDEX",
        "trust-banks/custody-bank",
        "trust-banks/master-trust-bank",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/smbc-trust-bank",
        "trust-banks/sumitomo-mitsui-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/financial-regulators/fsa",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/custody-bank",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2700,
      "word_like_tokens": 405,
      "last_modified": "2026-06-05"
    },
    {
      "source_path": "trust-banks/starts-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/starts-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/starts-trust.md",
      "title": "スターツ信託 (Starts Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Starts Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan trust-bank custody map, Japan acquisition finance, and Escrow Agent Japan Trust.",
      "headings": [
        "スターツ信託 (Starts Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "finance/japan-acquisition-finance",
        "trust-banks/INDEX",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3213,
      "word_like_tokens": 530,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/sumire-regional-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/sumire-regional-trust.md",
      "title": "Sumire Regional Trust / すみれ地域信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/sumire-regional-trust",
      "headings": [
        "Sumire Regional Trust / すみれ地域信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "policy-finance/japan-credit-guarantee-system",
        "trust-banks/INDEX",
        "trust-banks/greif-trust",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/sumire-regional-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/policy-finance/japan-credit-guarantee-system",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/greif-trust",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 2324,
      "word_like_tokens": 361,
      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/sumitomo-mitsui-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/sumitomo-mitsui-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/sumitomo-mitsui-trust.md",
      "title": "三井住友トラストグループ (SuMi TRUST)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "This entry sits under trust-banks INDEX. Read it against 日本マスタートラスト信託銀行 for peer / contrast context and banking index for the broader system / regulatory boundary.",
      "headings": [
        "三井住友トラストグループ (SuMi TRUST)",
        "Wiki route",
        "TL;DR",
        "1. 会社概要",
        "最新財務サマリ（FY2024 / 2025-03 期、連結）",
        "主要子会社・関連会社",
        "合併歴史・前身",
        "重要年表（抜粋）",
        "2. 事業セグメント・マップ",
        "信託専業独立路線"
      ],
      "wikilinks": [
        "banking/INDEX",
        "megabanks/mizuho-fg",
        "megabanks/mufg",
        "megabanks/ndfg",
        "megabanks/sbi-hd",
        "megabanks/smfg",
        "regional-banks/ssnb",
        "trust-banks/INDEX",
        "trust-banks/master-trust-bank"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/banking/INDEX",
        "https://finwiki.zksc.io/megabanks/mizuho-fg",
        "https://finwiki.zksc.io/megabanks/mufg",
        "https://finwiki.zksc.io/megabanks/ndfg",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/megabanks/smfg",
        "https://finwiki.zksc.io/regional-banks/ssnb",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/master-trust-bank"
      ],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 4701,
      "word_like_tokens": 765,
      "last_modified": "2026-06-08"
    },
    {
      "source_path": "trust-banks/trust-companies-japan-index.md",
      "url": "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/trust-companies-japan-index.md",
      "title": "Japan trust companies registry index",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "FSA's trust-company list contains 38 trust companies as of 2026-03-31. This page is the registry route for the independent / group trust-company surface. It is separate from licensed trust banks such as trust-banks/mitsubishi-ufj-trust-bank, trust-banks/mizuho-trust-bank, trust-banks/smtb, trust-ban",
      "headings": [
        "Japan trust companies registry index",
        "TL;DR",
        "Boundary",
        "Registry Snapshot",
        "Promotion Priority Map",
        "Official Registry Rows",
        "Standalone Promotion Rules",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "financial-regulators/missing-financial-institutions-backlog",
        "leasing-firms/mitsubishi-hc-capital",
        "leasing-firms/smfl",
        "life-insurers/prudential-japan",
        "megabanks/sbi-hd",
        "payment-firms/rakuten-fg",
        "securities-firms/monex-group",
        "trust-banks/INDEX",
        "trust-banks/alterna-trust",
        "trust-banks/asahi-trust",
        "trust-banks/capital-trust",
        "trust-banks/castglobal-trust",
        "trust-banks/daito-mirai-trust",
        "trust-banks/daiwa-living-trust",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/fintech-global-trust",
        "trust-banks/first-trust",
        "trust-banks/fpg-trust",
        "trust-banks/fukushi-trust",
        "trust-banks/greif-trust",
        "trust-banks/hogaraka-trust",
        "trust-banks/jia-trust",
        "trust-banks/jvalue-trust",
        "trust-banks/kainuma-trust-real-estate",
        "trust-banks/kiriu-real-estate-trust",
        "trust-banks/kotaeru-trust",
        "trust-banks/kyodo-trust",
        "trust-banks/lgt-wealth-management-trust",
        "trust-banks/lombard-odier-trust",
        "trust-banks/midori-trust",
        "trust-banks/mitsubishi-ufj-trust-bank",
        "trust-banks/miyoshi-smile-trust",
        "trust-banks/mizuho-trust-bank",
        "trust-banks/nichizei-trust",
        "trust-banks/nochu-trust-bank",
        "trust-banks/nomura-trust-bank",
        "trust-banks/oag-trust",
        "trust-banks/pasona-ip-trust",
        "trust-banks/ryugaku-anshin-trust",
        "trust-banks/sekisui-house-trust",
        "trust-banks/smbc-trust-bank",
        "trust-banks/smtb",
        "trust-banks/starts-trust",
        "trust-banks/sumire-regional-trust",
        "trust-banks/uk-trust",
        "trust-banks/yamada-escrow-trust"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/financial-regulators/missing-financial-institutions-backlog",
        "https://finwiki.zksc.io/leasing-firms/mitsubishi-hc-capital",
        "https://finwiki.zksc.io/leasing-firms/smfl",
        "https://finwiki.zksc.io/life-insurers/prudential-japan",
        "https://finwiki.zksc.io/megabanks/sbi-hd",
        "https://finwiki.zksc.io/payment-firms/rakuten-fg",
        "https://finwiki.zksc.io/securities-firms/monex-group",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/alterna-trust",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/capital-trust",
        "https://finwiki.zksc.io/trust-banks/castglobal-trust",
        "https://finwiki.zksc.io/trust-banks/daito-mirai-trust",
        "https://finwiki.zksc.io/trust-banks/daiwa-living-trust",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/fintech-global-trust",
        "https://finwiki.zksc.io/trust-banks/first-trust",
        "https://finwiki.zksc.io/trust-banks/fpg-trust",
        "https://finwiki.zksc.io/trust-banks/fukushi-trust",
        "https://finwiki.zksc.io/trust-banks/greif-trust",
        "https://finwiki.zksc.io/trust-banks/hogaraka-trust",
        "https://finwiki.zksc.io/trust-banks/jia-trust",
        "https://finwiki.zksc.io/trust-banks/jvalue-trust",
        "https://finwiki.zksc.io/trust-banks/kainuma-trust-real-estate",
        "https://finwiki.zksc.io/trust-banks/kiriu-real-estate-trust",
        "https://finwiki.zksc.io/trust-banks/kotaeru-trust",
        "https://finwiki.zksc.io/trust-banks/kyodo-trust",
        "https://finwiki.zksc.io/trust-banks/lgt-wealth-management-trust",
        "https://finwiki.zksc.io/trust-banks/lombard-odier-trust",
        "https://finwiki.zksc.io/trust-banks/midori-trust",
        "https://finwiki.zksc.io/trust-banks/mitsubishi-ufj-trust-bank",
        "https://finwiki.zksc.io/trust-banks/miyoshi-smile-trust",
        "https://finwiki.zksc.io/trust-banks/mizuho-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nichizei-trust",
        "https://finwiki.zksc.io/trust-banks/nochu-trust-bank",
        "https://finwiki.zksc.io/trust-banks/nomura-trust-bank",
        "https://finwiki.zksc.io/trust-banks/oag-trust",
        "https://finwiki.zksc.io/trust-banks/pasona-ip-trust",
        "https://finwiki.zksc.io/trust-banks/ryugaku-anshin-trust",
        "https://finwiki.zksc.io/trust-banks/sekisui-house-trust",
        "https://finwiki.zksc.io/trust-banks/smbc-trust-bank",
        "https://finwiki.zksc.io/trust-banks/smtb",
        "https://finwiki.zksc.io/trust-banks/starts-trust",
        "https://finwiki.zksc.io/trust-banks/sumire-regional-trust",
        "https://finwiki.zksc.io/trust-banks/uk-trust",
        "https://finwiki.zksc.io/trust-banks/yamada-escrow-trust"
      ],
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      "entity_edges": [],
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      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/uk-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/uk-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/uk-trust.md",
      "title": "UK Trust / UK信託",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Wiki route: trust-banks/INDEX -> trust-banks/trust-companies-japan-index -> trust-banks/uk-trust",
      "headings": [
        "UK Trust / UK信託",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "banking/japan-trust-bank-custody-map",
        "trust-banks/INDEX",
        "trust-banks/asahi-trust",
        "trust-banks/oag-trust",
        "trust-banks/trust-companies-japan-index",
        "trust-banks/uk-trust"
      ],
      "resolved_wikilinks": [
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        "https://finwiki.zksc.io/banking/japan-trust-bank-custody-map",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/asahi-trust",
        "https://finwiki.zksc.io/trust-banks/oag-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index",
        "https://finwiki.zksc.io/trust-banks/uk-trust"
      ],
      "markdown_links": [],
      "entity_node": null,
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      "nonspace_chars": 2080,
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      "last_modified": "2026-06-06"
    },
    {
      "source_path": "trust-banks/yamada-escrow-trust.md",
      "url": "https://finwiki.zksc.io/trust-banks/yamada-escrow-trust",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/trust-banks/yamada-escrow-trust.md",
      "title": "山田エスクロー信託 (Yamada Escrow Trust)",
      "domain": "trust-banks",
      "entry_type": "wiki_entry",
      "canonical_anchor": "",
      "summary": "Yamada Escrow Trust is a standalone trust-company route under trust-banks INDEX and is promoted from the Japan trust companies registry index. Read it with Japan MBO / squeeze-out process, Japan acquisition finance, and Escrow Agent Japan Trust.",
      "headings": [
        "山田エスクロー信託 (Yamada Escrow Trust)",
        "Wiki route",
        "Overview",
        "Entity Boundary",
        "Business Role Map",
        "Public Context",
        "Research Checklist",
        "Related",
        "Sources"
      ],
      "wikilinks": [
        "INDEX",
        "finance/japan-acquisition-finance",
        "finance/japan-mbo-and-squeeze-out-process",
        "trust-banks/INDEX",
        "trust-banks/escrow-agent-japan-trust",
        "trust-banks/trust-companies-japan-index"
      ],
      "resolved_wikilinks": [
        "https://finwiki.zksc.io/INDEX",
        "https://finwiki.zksc.io/finance/japan-acquisition-finance",
        "https://finwiki.zksc.io/finance/japan-mbo-and-squeeze-out-process",
        "https://finwiki.zksc.io/trust-banks/INDEX",
        "https://finwiki.zksc.io/trust-banks/escrow-agent-japan-trust",
        "https://finwiki.zksc.io/trust-banks/trust-companies-japan-index"
      ],
      "markdown_links": [],
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    },
    {
      "source_path": "wiki-link-improvement-plan.md",
      "url": "https://finwiki.zksc.io/wiki-link-improvement-plan",
      "github_url": "https://github.com/jasonhnd/finwiki/blob/main/wiki-link-improvement-plan.md",
      "title": "FinWiki Internal Link Improvement Plan",
      "domain": "root",
      "entry_type": "control_doc",
      "canonical_anchor": "",
      "summary": "1. Fix Priority A first with hand-written body sentences, not footer-only links. 2. For large registry pages, add one short prose paragraph that names the registry route, the nearest domain index, and one adjacent system page. 3. Re-run bun tools/wikilinkaudit.ts --report wiki-link-improvement-plan.",
      "headings": [
        "FinWiki Internal Link Improvement Plan",
        "Summary",
        "Wiki Linking Standard",
        "Priority A0: Dead Wikilink Targets",
        "Priority A: Failing Entries",
        "Priority B: Current Worktree Entries To Review",
        "Domain Snapshot",
        "canonical_anchor Integrity (drift-gated)",
        "Execution Notes"
      ],
      "wikilinks": [
        "wikilink"
      ],
      "resolved_wikilinks": [],
      "markdown_links": [],
      "entity_node": null,
      "entity_edges": [],
      "nonspace_chars": 3413,
      "word_like_tokens": 634,
      "last_modified": "2026-06-25"
    }
  ]
}
