--- title: "Deposit Insurance Corporation of Japan (DICJ / 預金保険機構)" aliases: - "financial-regulators/yokin-hoken-kiko" - "yokin-hoken-kiko" - "DICJ" - "Deposit Insurance Corporation of Japan" - "預金保険機構" - "預保機構" - "Yokin Hoken Kiko" domain: financial-regulators created: 2026-05-24 last_updated: 2026-05-24 last_tended: 2026-05-24 review_by: 2026-11-20 confidence: likely tags: [JapanFG, industry-body, statutory-corporation, deposit-insurance, DICJ, failure-resolution, FSA, BOJ, public-source] status: active sources: - "https://www.dic.go.jp/" - "https://www.dic.go.jp/english/" - "https://www.dic.go.jp/yokinsha/index.html" - "https://www.dic.go.jp/katsudo/page_000017.html" - "https://www.fsa.go.jp/menkyo/menkyo.html" - "https://laws.e-gov.go.jp/law/346AC0000000034" --- # Deposit Insurance Corporation of Japan (DICJ / 預金保険機構) ## TL;DR The Deposit Insurance Corporation of Japan (DICJ, 預金保険機構) is the statutory deposit-insurance and failure-resolution authority for Japan's banking system. It is established under the Deposit Insurance Act (預金保険法) as a special juridical person jointly capitalized by the Japanese government, the Bank of Japan, and member financial institutions. Unlike industry bodies such as [[financial-regulators/zenginkyo|Zenginkyō]] or [[financial-regulators/jsda|JSDA]], DICJ is a statutory authority with binding powers — it insures deposits up to the protected limit, administers failure-resolution of insolvent banks, and operates as the public mutual backstop for the banking system. ## Wiki route This entry sits under [[financial-regulators/INDEX|financial-regulators INDEX]]. Read it with the banking industry-body stack — [[financial-regulators/zenginkyo|Japanese Bankers Association]], [[financial-regulators/zenchugin-kyo|Regional Banks Association of Japan]], [[financial-regulators/dai2-chigin-kyo|Second Association of Regional Banks]], [[financial-regulators/zenshin-kyo|Zenshin-kyō]], and [[financial-regulators/shintaku-kyokai|Trust Companies Association of Japan]] — to see the full safety-net layering, and with the insurance-side statutory counterparts [[financial-regulators/seimei-hokensha-hogo-kiko|Life Insurance Policyholders Protection Corporation of Japan]] and [[financial-regulators/sonpo-hosho-kiko|Non-Life Insurance Policyholders Protection Corporation of Japan]]. Statutory backdrop sits at [[financial-licenses/INDEX]] and [[financial-licenses/bank-license-and-baas-boundary]]; the wider operator universe is in [[banking/INDEX]]. ## Legal route / statutory position (法令の根拠) DICJ is established under the Deposit Insurance Act (預金保険法, Act No. 34 of 1971).[^dic-act] It is a 認可法人 (authorized juridical person) — not a private association — jointly capitalized by the national government, the Bank of Japan, and member financial institutions, with the FSA as the principal competent supervisory authority and the MOF / BOJ as co-stakeholders for broader financial-system stability.[^dic-overview] This positions DICJ structurally between the industry-body layer ([[financial-regulators/zenginkyo|JBA]] etc.) and the regulator layer ([[financial-regulators/fsa|FSA]]) — it is a statutory operator of the deposit-insurance scheme and the financial-system safety net, not a regulator and not an industry association. Membership is mandatory for: city banks, regional banks (first-tier and second-tier), trust banks, shinkin banks, credit cooperatives, labour banks (労働金庫), and other deposit-taking institutions designated under the Act. Notably, [[regional-banks/yucho|Japan Post Bank]] joined the standard DICJ regime after privatization, while institutions outside the deposit-taking commercial-bank lane (such as agricultural co-operative banking via JA Bank) have separate but analogous safety-net frameworks. ## Function / scope DICJ's published outline organises its work as:[^dic-overview] 1. **Deposit insurance** — collection of insurance premiums from member institutions, maintenance of the deposit-insurance reserve, and payment of insured deposits when a member institution fails. The standard protected amount is principal of ¥10 million per depositor per institution plus interest, with full protection retained for non-interest-bearing settlement deposits under the permanent settlement-account protection regime. 2. **Failure resolution** — administration of failed-bank resolution, including financial assistance to acquiring institutions, asset purchase from failed banks, and operation of bridge-bank mechanisms when an immediate buyer is unavailable. 3. **Crisis-response measures** — administration of Article 102 measures (capital injection, full-deposit protection, special supervision) when designated by the Prime Minister and confirmed by the Financial Crisis Response Council under the Deposit Insurance Act crisis-management provisions. 4. **Asset management and recovery** — operation of the Resolution and Collection Corporation (RCC, the asset-recovery subsidiary) for failed-bank loan-portfolio workout, with proceeds returned to the deposit-insurance reserve. 5. **Failure-resolution preparedness** — coordinated drills with member institutions on data-quality requirements for rapid name-by-name depositor payout (the so-called 名寄せ data quality), recovery and resolution planning (RRP) coordination with FSA and BOJ for systemically important institutions. 6. **Industry coordination** — operation of the dormant-deposit transfer regime (休眠預金等活用法) by which long-dormant deposits are transferred from member banks to public-interest activities under defined procedures. DICJ also operates specialty regimes for cooperative financial institutions and for crypto-asset custody under more recent statutory expansions. ## Membership / governance Member institutions are statutorily designated deposit-taking institutions. Examples documented in this vault include — across the [[banking/INDEX|banking index]] — [[megabanks/mufg-bank|MUFG Bank]], [[megabanks/sumitomo-mitsui-banking-corp|SMBC]], [[regional-banks/aozora-bank|Aozora Bank]], [[regional-banks/seven-bank|Seven Bank]], [[regional-banks/sony-bank|Sony Bank]], [[regional-banks/daiwa-next-bank|Daiwa Next Bank]], [[card-issuers/aeon-bank|AEON Bank]], [[regional-banks/yucho|Japan Post Bank]], plus regional banks and shinkin banks across the system. Governance is set by the Deposit Insurance Act: a Board appointed with FSA / MOF / BOJ involvement, with the chairman a high-level public-sector appointment, and an Operations Committee for technical decisions. Funding flows from member-institution premium collections plus historically appropriated government / BOJ contributions during crisis periods. ## Related industry adjacency DICJ is the bank-side statutory safety net. The insurance-side analogues are [[financial-regulators/seimei-hokensha-hogo-kiko|Life Insurance Policyholders Protection Corporation of Japan]] and [[financial-regulators/sonpo-hosho-kiko|Non-Life Insurance Policyholders Protection Corporation of Japan]]. Investor compensation in the securities lane runs through the Japan Investor Protection Fund (separate from [[financial-regulators/jsda|JSDA]] self-regulation). For the bank industry-body layer see [[financial-regulators/zenginkyo|JBA]], [[financial-regulators/zenchugin-kyo|Regional Banks Association of Japan]], [[financial-regulators/dai2-chigin-kyo|Second Association of Regional Banks]], [[financial-regulators/zenshin-kyo|Zenshin-kyō]], and [[financial-regulators/shintaku-kyokai|Trust Companies Association of Japan]]. For licensing routes that determine membership eligibility see [[financial-licenses/INDEX]] and [[financial-licenses/bank-license-and-baas-boundary]]. ## Why this page matters DICJ is referenced implicitly in nearly every bank entry in this vault — "deposit insurance up to ¥10 million", "failure-resolution backstop", "dormant-deposit transfer" — but without a dedicated page those references are unanchored. This entry pins: - **The statutory authority distinction**: DICJ is a 認可法人 with binding statutory functions, not an industry association — it can administer failure-resolution and operate the RCC, neither of which an industry body could do. - **The premium-funded mutual nature**: deposit insurance is funded by member institutions themselves through statutorily required premiums, making it a public-mutual scheme even though the body itself is a statutory authority. - **The crisis-mode trigger**: Article 102 measures are exceptional and require formal designation; routine bank failures use the standard insurance and resolution lanes. - **The boundary with industry self-discipline**: DICJ does not set conduct rules — that's the FSA via supervision guideline and the industry-body model rules. DICJ acts after a failure is declared, not as a behaviour-modification body. ## Related - [[financial-regulators/INDEX|financial-regulators INDEX]] - [[financial-regulators/zenginkyo|Japanese Bankers Association]] - [[financial-regulators/zenchugin-kyo|Regional Banks Association of Japan]] - [[financial-regulators/dai2-chigin-kyo|Second Association of Regional Banks]] - [[financial-regulators/zenshin-kyo|National Association of Shinkin Banks]] - [[financial-regulators/shintaku-kyokai|Trust Companies Association of Japan]] - [[financial-regulators/seimei-hokensha-hogo-kiko|Life Insurance Policyholders Protection Corporation of Japan]] - [[financial-regulators/sonpo-hosho-kiko|Non-Life Insurance Policyholders Protection Corporation of Japan]] - [[financial-regulators/jsda|JSDA]] - [[financial-regulators/fsa|FSA]] - [[financial-licenses/INDEX]] - [[financial-licenses/bank-license-and-baas-boundary]] - [[megabanks/mufg-bank|MUFG Bank]] - [[megabanks/sumitomo-mitsui-banking-corp|SMBC]] - [[regional-banks/yucho|Japan Post Bank]] - [[banking/INDEX]] ## Sources [^dic-overview]: 預金保険機構「機構概要」, https://www.dic.go.jp/yokinsha/index.html ; DICJ English overview, https://www.dic.go.jp/english/ [^dic-act]: 預金保険法 (Act No. 34 of 1971), https://laws.e-gov.go.jp/law/346AC0000000034 --- > [!info] Confidence note > confidence: **likely**. Statutory route via the Deposit Insurance Act, membership scope, function buckets including failure-resolution and Article 102 crisis measures, and RCC subsidiary structure sourced from DICJ's own overview pages and Deposit Insurance Act text as checked 2026-05-24. Specific reserve / coverage statistics drift over time and should be re-verified from DICJ's latest annual report before quoting in a quantitative analysis.