Japan’s net international investment position rose to JPY 471.8 trillion at year-end 2024, marking a new high in annual data.
Japan’s net international investment position reached JPY 471.8 trillion at the end of 2024, up from JPY 454.6 trillion a year earlier, according to revised figures released today. The increase reflects continued growth in overseas assets held by Japanese investors amid a weaker yen and sustained capital outflows.
The data, covering direct investment, portfolio holdings, and financial derivatives, also includes preliminary figures for the end of 2025. Prior revisions showed a steady expansion in Japan’s net foreign asset position, driven by portfolio investment and direct investment abroad.
No immediate market reaction was reported following the release, which aligns with long-term trends in Japan’s external balance sheet.