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Foreigners' stake in Japan Inc. falls back below 30%

TOKYO -- Overseas shareholders' presence on Japan's stock market dipped in the year ended March 31 amid strong headwinds endured by exporters, ending three years of increases.

Foreign investors held 29.8% of Japanese stocks by value at the fiscal year-end, a drop of 1.9 percentage points from a year earlier. Those holdings totaled 154 trillion yen ($1.47 trillion), down 28 trillion yen. Traders abroad sold around 5 trillion yen more in shares than they purchased on the market during the fiscal year.

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