TOKYO, June 28 (News On Japan) – At the end of March this year, Japan’s personal financial assets reached a record high of 2,199 trillion yen, up 7.1% from the previous year. This growth was mainly driven by an increase in share prices and the introduction of the new NISA (Nippon Individual Savings Account) system, which reached a record for the fifth consecutive quarter.
The figures show that cash and deposits saw a modest increase of 1.1%, while shares and other securities saw a significant increase of 33.7%. Investment funds also saw a substantial increase, with an increase of 31.5%.
Source: BIZ
