May 19, 2015

Household savings hit record high in 2014

The average savings of households in 2014 rose 3.4 percent to ¥17.98 million, marking the highest level since officials began compiling comparable data in 2002, the internal affairs ministry said. The savings of households with at least two members grew for the second straight ...

Mar 18, 2015

Household financial assets hit record ¥1.7 quadrillion

Financial assets held by households as of the end of last December grew 3.0 percent year-on-year to a record high of ¥1.69 quadrillion, Bank of Japan data showed Wednesday. The year-end balance of assets rose for the sixth straight year, according to the data. ...

31% of households lack financial assets

Nov 8, 2013

31% of households lack financial assets

The share of Japanese households with no financial assets rose to a record high as falling incomes forced people to dig into their savings, highlighting the potential for widening disparities under “Abenomics.” The proportion reached 31 percent, according to a Bank of Japan survey ...