Japan households' investments drive 80% of asset growth

Shift from savings accelerates, underpinned by stock rally

20231225N money

Household assets in Japan, including foreign securities, reached a record 2.12 quadrillion yen at the end of September. (Photo by Akira Takemura)

TOSHIHIRO SATO and AKIRA INUJIMA, Nikkei staff writers

TOKYO -- Japanese households are putting a growing share of their assets into investments like equities and bonds as rising domestic and U.S. stock markets and a weak yen encourage a shift away from a long-standing preference for cash.

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