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The market fluctuation comes as the government is encouraging more households to direct their cash and savings worth 1,050 trillion yen ($7.1 trillion) into stocks and mutual funds. (Source photos by Yo Inoue and Toshiki Sasazu)

Japan retail investors keep the faith in stocks despite historic volatility

Mom-and-pop investors are seen 'buying the dip' in domestic and global stocks

TOKYO -- A 35-year-old man working in Marunouchi, one of Tokyo's major business districts, looked up from his desk on Aug. 5 to see television screens flashing the news that Japanese stocks were plummeting. That day, the bellwether Nikkei Stock Average suffered its largest single-day decline in its history after recording its second-worst fall during the previous trading session.

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