Three leading Japanese banks have announced an alliance forming the world's largest financial group. Fuji Bank, Dai-Ichi Kangyo and the Industrial Bank of Japan say their operations will be integrated by the spring of 2002.
The Japanese banking industry is consolidating power.
Determine if the sentence is true based on the text below:
The Japanese banking industry is consolidating power.

Three leading Japanese banks have announced an alliance forming the world's largest financial group. Fuji Bank, Dai-Ichi Kangyo and the Industrial Bank of Japan say their operations will be integrated by the spring of 2002.
Options: 

 - yes

 - it is not possible to tell

 - no
yes
Determine if the sentence is true based on the text below:
The Japanese banking industry is consolidating power.

Three leading Japanese banks have announced an alliance forming the world's largest financial group. Fuji Bank, Dai-Ichi Kangyo and the Industrial Bank of Japan say their operations will be integrated by the spring of 2002.
Options: 

 - yes

 - it is not possible to tell

 - no
user
yes
assistant