Japanese household assets reached 2.386 quadrillion yen at the end of March, with a significant increase in stock assets.

Gronghui June 25｜According to the quarterly flow of funds report released by the Bank of Japan, as of the end of March, Japanese household assets increased by 7.1% year-on-year to 2,386 trillion yen (approximately 14.7 trillion US dollars), reaching the second highest level in history. Cash and deposits held by households grew by 0.6% year-on-year to 1,126 trillion yen. As asset values rose, household equity holdings rose by 28.6% to 398 trillion yen. The Bank of Japan's share of outstanding Japanese government bonds was 47.9%, the lowest level since the second quarter of 2020, while the proportion held by foreign investors was 8.1%.