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Related papers: Shareholding Networks in Japan

200 papers

As complex networks in economics, we consider Japanese shareholding networks as they existed in 1985, 1990, 1995, 2000, 2002, and 2003. In this study, we use as data lists of shareholders for companies listed on the stock market or on the…

Physics and Society · Physics 2007-05-23 Wataru Souma , Yoshi Fujiwara , Hideaki Aoyama

The Japanese shareholding network at the end of March 2002 is studied. To understand the characteristics of this network intuitively, we visualize it as a directed graph and an adjacency matrix. Especially detailed features of networks…

Physics and Society · Physics 2007-05-23 Wataru Souma , Yoshi Fujiwara , Hideaki Aoyama

An analysis of the Japanese credit market in 2004 between banks and quoted firms is done in this paper using the tools of the networks theory. It can be pointed out that: (i) a backbone of the credit channel emerges, where some links play a…

Statistical Finance · Quantitative Finance 2010-11-09 G. De Masi , Y. Fujiwara , M. Gallegati , B. Greenwald , J. E. Stiglitz

By analysing the financial data of firms across Japan, a nonlinear power law with an exponent of 1.3 was observed between the number of business partners (i.e. the degree of the inter-firm trading network) and sales. In a previous study…

General Finance · Quantitative Finance 2014-03-17 Hayafumi Watanabe

Inter-firm organizations, which play a driving role in the economy of a country, can be represented in the form of a customer-supplier network. Such a network exhibits a heavy-tailed degree distribution, disassortative mixing and a…

Physics and Society · Physics 2018-09-19 Abhijit Chakraborty , Hazem Krichene , Hiroyasu Inoue , Yoshi Fujiwara

Technological innovation has extensively been studied to make firms sustainable and more competitive. Within this context, the most important recent issue has been the dynamics of collaborative innovation among firms. We therefore…

Physics and Society · Physics 2009-11-13 Hiroyasu Inoue , Wataru Souma , Schumpeter Tamada

We investigate the financial network in the Korean stock exchange (KSE) market, using both numerical simulations and scaling arguments. We estimate the cross-correlation on the stock price exchanges of all companies listed on the the Korean…

Physics and Society · Physics 2007-05-23 Seong-Min Yoon , Kyungsik Kim

We embrace a fresh perspective to auditing by analyzing a large set of companies as complex financial networks rather than static aggregates of balance sheet data. Preliminary analyses show that network centrality measures within these…

Computational Engineering, Finance, and Science · Computer Science 2023-11-30 M. Boersma , S. Sourabh , L. A. Hoogduin , D. Kandhai

We present a methodology to extract the backbone of complex networks based on the weight and direction of links, as well as on nontopological properties of nodes. We show how the methodology can be applied in general to networks in which…

General Finance · Quantitative Finance 2010-06-23 J. B. Glattfelder , S. Battiston

The in-degree and out-degree distributions of a growing network model are determined. The in-degree is the number of incoming links to a given node (and vice versa for out-degree. The network is built by (i) creation of new nodes which each…

Statistical Mechanics · Physics 2009-10-31 P. L. Krapivsky , G. J. Rodgers , S. Redner

We present a new approach to understanding credit relationships between commercial banks and quoted firms, and with this approach, examine the temporal change in the structure of the Japanese credit network from 1980 to 2005. At each year,…

General Finance · Quantitative Finance 2009-05-28 Yoshi Fujiwara , Hideaki Aoyama , Yuichi Ikeda , Hiroshi Iyetomi , Wataru Souma

About two million U.S. corporations and partnerships are linked to each other and human investors by about 15 million owner-subsidiary links. Comparable social networks such as corporate board memberships and socially-built systems such as…

General Economics · Economics 2024-01-23 Ben Klemens

To investigate the actual phenomena of transport on a complex network, we analysed empirical data for an inter-firm trading network, which consists of about one million Japanese firms and the sales of these firms (a sale corresponds to the…

General Finance · Quantitative Finance 2015-03-19 Hayafumi Watanabe , Hideki Takayasu , Misako Takayasu

In this paper we quantitatively investigate the statistical properties of an ensemble of {\it stock prices}. We selected 1200 stocks traded in the Tokyo Stock Exchange and formed a statistical ensemble of daily stock prices for each trading…

Statistical Mechanics · Physics 2013-09-11 Taisei Kaizoji , Michiyo Kaizoji

This paper studies the structure of the Japanese production network, which includes one million firms and five million supplier-customer links. This study finds that this network forms a tightly-knit structure with a core giant strongly…

Many real networks are complex and have power-law vertex degree distribution, short diameter, and high clustering. We analyze the network model based on thresholding of the summed vertex weights, which belongs to the class of networks…

Other Condensed Matter · Physics 2007-05-23 Naoki Masuda , Hiroyoshi Miwa , Norio Konno

We investigated the network structures of the Japanese stock market through the minimum spanning tree. We defined grouping coefficient to test the validity of conventional grouping by industrial categories, and found a decreasing in trend…

Statistical Finance · Quantitative Finance 2008-12-02 Woo-Sung Jung , Okyu Kwon , Fengzhong Wang , Taisei Kaizoji , Hie-Tae Moon , H. Eugene Stanley

We detect the backbone of the weighted bipartite network of the Japanese credit market relationships. The backbone is detected by adapting a general method used in the investigation of weighted networks. With this approach we detect a…

We show power-scaling behaviors for fluctuations in share volume, which no other studies have so far done. After analyzing a database of the daily transactions for all securities listed on the Tokyo Stock Exchange, we selected 1050 large…

Statistical Mechanics · Physics 2018-08-07 Taisei Kaizoji , Masahide Nuki

We present an analysis of the credit market of Japan. The analysis is performed by investigating the bipartite network of banks and firms which is obtained by setting a link between a bank and a firm when a credit relationship is present in…

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