28% of listed firms foreign-owned


The foreign ownership of companies listed in Japan hit a record high of 28 percent as of the end of fiscal 2012 through March 31, according to the latest data from five stock exchanges.

The shareholding ratio of foreign investors rose 1.7 percentage points from a year before, the data from the Tokyo Stock Exchange and four other Japanese stock exchanges showed Thursday. The previous record of 27.8 percent was posted as of the end of fiscal 2006.