Japan’s NISA Boom: How 87% of Accounts Turned Profitable—and Why the “Savings to Investment” Shift May Be Irreversible
For decades, Japan was known for one defining financial habit: saving. Households accumulated trillions of dollars in cash and deposits, parked safely in bank accounts earning near-zero interest. It became a cultural and economic trademark. While global investors chased equities, startups, and ETFs, Japanese households largely stuck with savings. That narrative is now changing—and fast. According to recent data highlighted by QUICK Corp.’s Japan Markets View, roughly **87% of investors using Japan’s revamped NISA (Nippon Individual Savings Account) program are sitting on unrealized gains**. In simple terms: the overwhelming majority of participants are making money. For a country long associated with risk aversion, that statistic is more than just a feel-good headline. It signals something deeper—a structural shift in how one of the world’s largest pools of household cash is being deployed. --- ## What Is NISA, and Why Does It Matter? NISA is Japan’s tax-advantaged investment...