Let's look at lending, where they're using big data for the credit side. And it's just credit data enhanced, by the way, which we do, too. It's nothing mystical. But they're very good at reducing the pain points. They can underwrite it quicker using - I'm just going to call it big data, for lack of a better term: "Why does it take two weeks? Why can't you do it in 15 minutes?"

It's offensive to me to be called a cost cutter.

There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.

I do think there will be more Japanese companies expanding out of Japan, and there will be more cross-border flow from Japan.

Part of [Japanese companies] growing and expanding around the world is ... going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.

I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.

You have your own culture and your own ways of doing things. I hope Japan continues on this path.