TOKYO -- The Bank of Japan has become a major shareholder in nearly 40% of listed companies as the central bank keeps buying stocks under its ultraloose monetary policy.
The BOJ has amassed an estimated 25 trillion yen ($227 billion) of equities as a result of purchasing exchange-traded funds. The tally is equal to nearly 4% of the roughly 652 trillion yen aggregate market value of stocks traded on the first section of the Tokyo Stock Exchange.
