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First Word: Spend, spend, spend…

Statistics show that Japanese individuals’ financial assets reached 1500 trillion Yen this year – Y100 trillion higher than six years ago. However, more than half of these assets are still held in the form of savings, rather than in stocks and investment funds, and the focus is on facilitating the shift to investments away from pure savings: indeed, one of the aims of the forthcoming Financial Instruments and Exchange Law (often referred to as JSox) is to ensure market functions are secure to support this shift.



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