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 ...