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As younger investors shift their focus overseas, people aged 70 and older now make up the largest cohort of retail investors in Japanese stocks.

Elderly make up 40% of retail investors in Japan Inc.

Younger Japanese shun domestic stocks to invest overseas

YOSUKE KAWAJI and KENSUKE YUASA, Nikkei staff writers | Japan

TOKYO -- Shareholders of Japanese companies are graying quickly, with individuals 70 and older now accounting for more than 40% of retail investors in domestic stocks, up from 15% three decades ago.

The aging of investors in Japanese shares is much faster than that of the population as a whole, as younger people shun Japanese equities in favor of overseas investments.

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