Japan households ramp up overseas investments, weighing down yen

Total assets top $13tn on strong stock prices and revamped NISA program

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The weak yen has led Japan's retail investors to turn their sights abroad. (Photo by Nikkei)

WANG LEJUN and KONATSU OCHI, Nikkei staff writers

TOKYO -- Japanese households are snapping up more overseas assets as they shift their focus from saving to investing, a trend seen potentially leading to a further weakness in the yen.

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