Japan's household financial assets rise 11 percent to ¥2,519tn

Japanese households held ¥2,519tn in financial assets at the end of June, up 11.0 percent from a year earlier, the Bank of Japan reported Thursday morning in Tokyo.

Equity holdings rose 47.0 percent to ¥486tn. Investment trust holdings increased 36.8 percent to ¥193tn, while debt securities rose 15.5 percent to ¥38tn.

Cash remained the largest category. Currency and deposits stood at ¥1,132tn, or 44.9 percent of household financial assets, after rising 0.5 percent from a year earlier. Insurance, pension and standardized guarantees increased 3.2 percent to ¥586tn.

These are market-value stocks. The report separates transactions from valuation and other reconciliation changes, so the increases do not represent new household saving alone.