Updated
Updated · Bloomberg · Jun 25
Japan Household Assets Rise 7.1% to ¥2,386 Trillion, Second Highest on Record
Updated
Updated · Bloomberg · Jun 25

Japan Household Assets Rise 7.1% to ¥2,386 Trillion, Second Highest on Record

3 articles · Updated · Bloomberg · Jun 25

Summary

  • ¥2,386 trillion in household assets at end-March marked a 7.1% increase from a year earlier, Bank of Japan flow-of-funds data showed.
  • The total was equivalent to about $14.7 trillion and ranked as Japan’s second-highest household asset level on record.
  • The quarterly report points to a continued buildup in household wealth heading into the new fiscal year, offering a broad snapshot of balance-sheet strength.

Insights

As Japan's wealth soars, are its policies creating broad prosperity or just making the rich even richer?
With its economy facing a slowdown, is Tokyo's investment push setting up households for a major financial shock?