1. This is the second of the 4 discussion papers that, together with the Introduction and Summary paper (Miwa, 2010c), comprise the report of my recent investigation;A Study of Financing Behavior of Japanese Firms with Firm-Level Data from the Corporate Enterprise Quarterly Statistics -1994~2009
2. expands the focus to include much smaller firms, and redesigns the study to encompass wider issues. Taking the basic finding reported in Miwa [2010d] into consideration, I classified firms into two groups: firms with non-zero short-term-bank-borrowing at the beginning of the term (type A), and all others (type B). Focusing on the type A firms;In Miwa;I used quarterly financial data on about 6,1994