Most Japanese remain hesitant about investing in stocks, investment trusts or bonds, and only an economic recovery will spur them to participate in the financial markets, according to a government survey.

The survey on securities investment conducted by the Cabinet Office and released recently shows 82.7 percent of respondents said they will not purchase stocks in the future, while only 11.4 percent said they will invest in stocks.

About one-third of those unwilling to buy stocks said they do not know enough about stock investment and are worried about the risks associated with price fluctuations.