Finance Minister Masajuro Shiokawa proposed Friday a capital gains tax exemption on securities purchased in 2002 for long-term holding.

The plan is aimed at encouraging stock investors to buy — rather than sell — securities for a short term, helping to ease the current selling pressure on the stock market.

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.