The Japanese Central bank has been pumping in billions of dollars into Japanese corporate sector through direct purchase of corporate papers and commercial bonds, in the last 12 months. With the stock markets recovering smartly in the last six months, the corporate sector has been able to raise all the required funds directly from the market.
Hence, the Japanese Central Bank is planning to allow the corporate bonds funding program by December 31st as scheduled. That is good news indeed for the Japanese economy as a whole.