2025 CJEB Annual Tokyo Conference 
Japan’s Role in an Evolving World Economy: Finance, Security, and Markets 
Monday, July 28, 2025 | 1:00 – 5:40 PM Japan Time 
Presented by the Center on Japanese Economy and Business, Columbia Business School 
Co-sponsored by the Development Bank of Japan Inc. 
Panel 1 - Capital Market Challenges in Japan, the U.S., and the World 
● Anil Kashyap, Stevens Distinguished Service Professor of Economics and Finance, The University of Chicago Booth School of Business 
● MIYOSHI Toshiyuki, Vice Minister for International Affairs, Financial Services Agency, Government of Japan 
● YAMAJI Hiromi, Group CEO, Japan Exchange Group, Inc. パネル I:日米及びグローバル資本市場の課題 
● アニル・カシャップ シカゴ大学ブース・ビジネススクール 教授 
● 三好敏之 金融庁 金融国際審議官 
● 山道裕己 株式会社日本取引所グループ 取締役兼代表執行役グループCEO