Japan household assets at end of March up 7.1% on year on rising stocks (opens original article in a new tab)

Japan household assets increased 7.1% in March 2023, driven by rising stock prices and investment trusts, while liabilities also rose due to higher borrowing.

• Household assets in Japan increased 7.1% year-on-year to 2,386 trillion yen by end of March 2023
• Stockholdings rose 28.6% to 398 trillion yen and investment trusts increased 25.7% to 165 trillion yen
• Liabilities rose 3.0% to 414 trillion yen due to higher borrowing amid rising housing prices
• Bank of Japan held 47.9% of outstanding government bonds at 485 trillion yen, the lowest level since June 2020