With the industrial web of cross-shareholdings unraveling, major commercial banks remained net sellers of stocks for the fifth straight month in August.

Long-term credit banks, city banks and regional banks as a whole sold 376.6 billion yen more shares than they bought on the Tokyo, Osaka and Nagoya stock exchanges, according to a weekly industry report. This roughly constituted a three-fold increase on the previous month’s level, the report says.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.