Japan’s household financial assets fell to 2,179 trillion yen due to stock market decline and a strong yen, the first drop in 8 quarters.
1No thanks★.Dec. 18, 2024 (Wed) 10:57:53.58ID:YQSxjWtq9
Household financial assets at end of September 2,179 trillion yen, down for the first time in eight quarters due to falling stock prices and a strong yen
[TOKYO, 18TH REUTERS] – According to the Bank of Japan’s funds flow statistics for the July-September period released on the 18th, household financial assets at the end of September stood at 2,179 trillion yen, down for the first time in eight quarters from the end of the previous quarter. This was due to the fall in stock prices and the rise in the yen in August. At the end of June, it was 2,214 trillion yen, the highest since the end of March 2005. This was a 2.8% increase from the previous year. The breakdown is as follows: stocks and other assets increased 7.2% to 285 trillion yen, and investment trusts increased 23.3% to 125 trillion yen. The growth rate fell below that at the end of June due to falling stock prices and a stronger yen. Cash and deposits increased 0.3% to 1,116 trillion yen. Corporate financial assets increased 7.1% to 1,523 trillion yen, with the balance also falling below the end of June. For details, see source 2024/12/18.
[TOKYO, 18TH REUTERS] – According to the Bank of Japan’s funds flow statistics for the July-September period released on the 18th, household financial assets at the end of September stood at 2,179 trillion yen, down for the first time in eight quarters from the end of the previous quarter. This was due to the fall in stock prices and the rise in the yen in August. At the end of June, it was 2,214 trillion yen, the highest since the end of March 2005. This was a 2.8% increase from the previous year. The breakdown is as follows: stocks and other assets increased 7.2% to 285 trillion yen, and investment trusts increased 23.3% to 125 trillion yen. The growth rate fell below that at the end of June due to falling stock prices and a stronger yen. Cash and deposits increased 0.3% to 1,116 trillion yen. Corporate financial assets increased 7.1% to 1,523 trillion yen, with the balance also falling below the end of June. For details, see source 2024/12/18.
家計の金融資産、9月末は2179兆円 株安・円高で8四半期ぶり減少（ロイター） - Yahoo!ニュース
Takahiko Wada［東京 １８日 ロイター］ - 日銀が１８日に発表した７―９月期の資金循環統計によると、９月末時点の家計の金融資産は２１７９兆円と、８四半期ぶりに前の四半期末を
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7Anonymous Donburako.Dec. 18, 2024 (Wed) 11:01:21.05ID:GWXX6BDb0
>>1
So financial assets hit an all-time high in the October-December period.
So financial assets hit an all-time high in the October-December period.
38Anonymous Donburako.Dec. 18, 2024 (Wed) 11:29:42.00ID:hKvIjyW90
>>1
Only the elderly and some upper class citizens.
Only the elderly and some upper class citizens.
48Anonymous Donburako.Dec. 18, 2024 (Wed) 11:44:15.92ID:k20EwLrH0
>>1
The percentage of cash and deposits is amazing
Stocks and the like aren’t that big a deal.
The percentage of cash and deposits is amazing
Stocks and the like aren’t that big a deal.
3Anonymous Donburako.Dec. 18, 2024 (Wed) 11:00:16.57ID:VLWJfhyS0
LDP: “There’s still plenty more to squeeze out.”
19Anonymous Donburako.Dec. 18, 2024 (Wed) 11:09:50.67ID:R/jHWIO70
>>3
I definitely think so.
I think it’s a big lie that the family is struggling financially.
I definitely think so.
I think it’s a big lie that the family is struggling financially.
4Anonymous Donburako.Dec. 18, 2024 (Wed) 11:00:31.04ID:KE5zk6Ed0
Okay! Taxes will increase.
5Anonymous Donburako.Dec. 18, 2024 (Wed) 11:00:33.57ID:cAKJHBrj0
This is bad. Hurry up and make it 300 yen to the dollar.
8Anonymous Donburako.Dec. 18, 2024 (Wed) 11:03:43.22ID:Jpj0FOSh0
>>5
Your assets will double.
Your assets will double.
6Anonymous Donburako.Dec. 18, 2024 (Wed) 11:00:41.85ID:acqcp5XT0
Household financial assets total 2,179 trillion yen, or about 2 million yen per person.
12Anonymous Donburako.Dec. 18, 2024 (Wed) 11:06:12.82ID:bhcIp7t20
>>6
That makes sense to me. Most of them will be elderly.
That makes sense to me. Most of them will be elderly.
9Anonymous Donburako.Dec. 18, 2024 (Wed) 11:03:44.38ID:rC7zicWK0
I’m just under 100 million so I’m raising the average. Be grateful.
60Anonymous Donburako.Dec. 18, 2024 (Wed) 11:56:02.33ID:EcfeG1o80
>>9
The average user of 5chan has over 100 million subscribers. I’ll be a millionaire soon too, so let’s try our best.
The average user of 5chan has over 100 million subscribers. I’ll be a millionaire soon too, so let’s try our best.
10Anonymous Donburako.Dec. 18, 2024 (Wed) 11:04:07.98ID:NLCA59Ao0
Strong yen?
13Anonymous Donburako.Dec. 18, 2024 (Wed) 11:06:27.07ID:zmxRcZYS0
I guess it’s decreasing due to falling stock prices and a strong yen.
15Anonymous Donburako.Dec. 18, 2024 (Wed) 11:07:59.58ID:oT0DJUNo0
Ministry of Finance. Oh my, so this is where the funding comes from (0ﾟ･∀･)wow.
16Anonymous Donburako.Dec. 18, 2024 (Wed) 11:08:26.88ID:zL9cRTaX0
If I were to write an article about this, I’d have to also include the increasing polarization of household assets.
17Anonymous Donburako.Dec. 18, 2024 (Wed) 11:09:09.37ID:i5y+J9zW0
Please pay back Japan’s debt (´・ω・｀).
18Anonymous Donburako.Dec. 18, 2024 (Wed) 11:09:14.86ID:2pSh4lvI0
It’s obvious that when a country’s deficit increases, the assets of its people increase.
22Anonymous Donburako.Dec. 18, 2024 (Wed) 11:11:29.60ID:zmxRcZYS0
>>18
It’s a balance sheet.
Well, they have overseas assets and overseas connections, so I can’t say for sure, but it’s probably true.
It’s a balance sheet.
Well, they have overseas assets and overseas connections, so I can’t say for sure, but it’s probably true.
21Security Guard [lv.7] [Sprout].Dec. 18, 2024 (Wed) 11:09:58.49ID:XzKWYyIJ0
These figures are from the end of September, so wouldn’t they be the highest in December?
23Anonymous Donburako.Dec. 18, 2024 (Wed) 11:11:35.92ID:DMizsxQZ0
In other words, a weaker yen makes Japanese people wealthier.
24Anonymous Donburako.Dec. 18, 2024 (Wed) 11:12:51.75ID:xUPaABSC0
wonderful.
25Anonymous Donburako.Dec. 18, 2024 (Wed) 11:13:13.13ID:6pSpsf9u0
The average personal financial assets in the United States is 13 quadrillion yen, so the gap is quite large.
67Security guard [lv.36].Dec. 18, 2024 (Wed) 12:03:11.32ID:adPfeQsv0
>>25,50
How can you compare it to America, you idiot?
If you want to compare it, it’s Germany.
How can you compare it to America, you idiot?
If you want to compare it, it’s Germany.
26Anonymous Donburako.Dec. 18, 2024 (Wed) 11:17:08.06ID:K80dVOVv0
Huh? Why?
My SP500 is at an all-time high even with the weak yen.
My SP500 is at an all-time high even with the weak yen.
27Anonymous Donburako.Dec. 18, 2024 (Wed) 11:19:04.05ID:zWmOH+ZK0
Wow, everyone is rich. I guess each person only has about 20 million yen, so that’s about what you’d expect.
28Anonymous Donburako.Dec. 18, 2024 (Wed) 11:20:15.50ID:SvKHBCJ00
The company is also rich.
29Anonymous Donburako.Dec. 18, 2024 (Wed) 11:20:20.69ID:a4Fqz3RM0
Where there is money, there is little, but we must protect our assets at all costs because there are a lot of strange incidents.
31Anonymous Donburako.Dec. 18, 2024 (Wed) 11:21:27.82ID:KE5zk6Ed0
There are also people who do shady part-time jobs, so there’s no doubt that the industry is polarized.
33Anonymous Donburako.Dec. 18, 2024 (Wed) 11:23:44.08ID:KgfTjOW70
Netuyo are rich.
34Anonymous Donburako.Dec. 18, 2024 (Wed) 11:23:44.30ID:xUPaABSC0
Japan is a rich country and there are very few poor people.
36Anonymous Donburako.Dec. 18, 2024 (Wed) 11:27:11.87ID:bIUUbRXM0
What is the median?
37Anonymous Donburako.Dec. 18, 2024 (Wed) 11:28:48.78ID:AkIEmB4p0
Issuing government bonds will increase household assets.
39Anonymous Donburako.Dec. 18, 2024 (Wed) 11:30:09.37ID:Gd26tjLW0
Being a billionaire really isn’t worth anything anymore.
46Security Guard [lv.8] [Sprout].Dec. 18, 2024 (Wed) 11:36:49.24ID:3forxvig0
>>39
You have to make it a million dollars. Well, the dollar is losing value due to inflation.
You have to make it a million dollars. Well, the dollar is losing value due to inflation.
40Anonymous Donburako.Dec. 18, 2024 (Wed) 11:30:54.38ID:MVOuGIqK0
Financial assets include government bonds.
41Anonymous Donburako.Dec. 18, 2024 (Wed) 11:31:13.95ID:9OulO+Vq0
I wonder how much that 2,179 trillion yen and 1,523 trillion yen are worth. There aren’t many Japanese products or resources that we want.
52Anonymous Donburako.Dec. 18, 2024 (Wed) 11:48:20.19ID:njTZGMx20
>>41
Foreign companies and overseas resources.
Foreign companies and overseas resources.
43Anonymous Donburako.Dec. 18, 2024 (Wed) 11:36:00.56ID:dqLDFuZ60
Up until around July, I had an unrealized profit of about 20 million, but now I’m at minus 10 million. I regret not having sold it back then, but I’m settling for the 3 million dividend.
47Anonymous Donburako.Dec. 18, 2024 (Wed) 11:38:08.78ID:JpQ0z1EL0
It’s not good if we have too much cash. Even if it’s 0.3%, the base number is 1000 trillion yen, so it’s on the scale of 3 trillion yen.
49Anonymous Donburako.Dec. 18, 2024 (Wed) 11:45:22.49ID:2u6dnMMb0
I don’t have any savings.
51Anonymous Donburako.Dec. 18, 2024 (Wed) 11:47:52.45ID:vki8t5is0
Of that, nearly 70% – 1500 trillion yen – is held by the elderly and has become dead money.
54Anonymous Donburako.Dec. 18, 2024 (Wed) 11:49:52.68ID:IHmaqwjZ0
It’s decreasing because the yen is strong. In other words, it only appears to be increasing because the yen is weak. In reality, the value of the yen has just gone down.
58Anonymous Donburako.Dec. 18, 2024 (Wed) 11:53:58.07ID:KE5zk6Ed0
Even if the elderly own most of it, it will be passed on to their children and grandchildren, so that’s fine.
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