News On Japan

Individual assets in Japan reach new high

Jun 25, 2021 (NHK) - A Bank of Japan survey shows that financial assets held by individuals in Japan have hit a record value as stock prices rise.

The quarterly survey found that total individual assets at the end of March stood at 1,946 trillion yen, or about 17.5 trillion dollars.

The amount is an increase of about 117 billion dollars from the previous quarter. Cash and deposits accounted for 54 percent of the total.

Stocks and other investments stood at about 1.75 trillion dollars, and investment trusts were around 757 billion dollars.

Private firms also saw their holdings hit a record value, reaching about 11 trillion dollars, up a little over 350 billion dollars.

Source: ANNnewsCH

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