Japan households' financial assets hit record $14tn on stock rally

Cash still makes up more than half of portfolio

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Households in Japan hold a record amount of financial assets now. (Photo by Kento Awashima)

Nikkei staff writers

TOKYO -- Japanese households had 2.115 quadrillion yen ($14.3 trillion) in financial assets as of the end of June, a 4.6% gain on the year, as a stock market surge boosted their shareholdings in a country known for strong preference for cash.

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