The Japan Financial Services Agency published a summary of Finance Minister Katayama’s briefing to the House of Councillors’ Finance and Financial Services Committee on a report submitted to the Diet on measures taken to deal with failed financial institutions under the Act on Emergency Measures for the Revitalization of Financial Functions. For the reporting period from 1 October Reiwa 6 to 31 March Reiwa 7, no dispositions were taken to place business and assets under a financial consolidation trustee, and the Deposit Insurance Corporation of Japan carried out no new financial gifts to bailout institutions or asset purchases from failed financial institutions. Cumulative Deposit Insurance Corporation financial gifts to bailout financial institutions total JPY 19.031 trillion, while cumulative asset purchases total JPY 6,519.2 billion. Government-guaranteed borrowings and related balances stood at JPY 337 billion across the corporation’s accounts as of 31 March Reiwa 7.