Should the economy enter a recession in the next several years, they said, the number of failures could be large.
As the economy had already entered a recession, this put increased pressure on the banking system.
Some, however, maintained that the economy had already entered a recession earlier this year.
Many economists believe that the economy entered a recession at the end of 2007 or early in 2008.
With the economy entering a downturn, he may have a lot more free time.
While growth slowed, the economy never actually entered a recession.
"There is a possibility the Japanese economy will enter a recession" in 1997.
The economy of the island entered a long, stagnant period.
"The economy entered the third quarter at the same strong pace as it left the second," he added.
Until the end of the century the city's economy entered a period of fast growth.