In 2022, there were close to *** million high net worth individuals (HNWI) with a net worth of one to five million U.S. dollars in Japan, compared to ** individuals with a net worth of over 500 million dollars. Japan has a population of ****** million.

As of the end of 2023, the national net wealth of Japan totaled around **** quadrillion Japanese yen, an increase of about *** percent compared to the previous year. The net worth of households rose by *** percent year-on-year.

Adults with 100 thousand to *********** U.S. dollars in wealth made up around ** percent of the Japanese population in 2020, while the second largest share of people were worth between 10,000 and 100,000 dollars. Together, these groups accounted for approximately ** percent of the population.

Wealth versus income

Wealth, as opposed to income, measures the ownership of assets in a society. Together with GDP, GDP per capita, and household disposable income, it helps to understand the economic well-being of households. Furthermore, the distribution of wealth gives an indication about the degree of equality in a society. Illustrated by its wealth distribution, Japan can be considered relatively equal compared to other countries.

Egalitarian corporate culture

In recent years, wealth inequality has become the subject of increasing focus among policymakers, academics and the general public. While several factors have contributed to the high equality in the country, it is safe to say that the egalitarian ethic in Japanese corporate culture is one of these reasons. This is reflected, for example, in the income structure; Japanese CEOs earn remarkably less than their counterparts in the United Kingdom or the United States. In a ranking of the average income of business leaders worldwide by country, Japan did not even make it into the list of the top ten countries.

In 2022, the median wealth per adult in Japan amounted to around ***** thousand U.S. dollars, down from ***** thousand dollars in the previous year. Financial assets of households in Japan exceeded ***** trillion Japanese yen in 2022, with cash and deposits accounting for more than ** percent.

Market Size and Growth: The Japan Wealth Management Industry has a significant market size of 4.49 million and is projected to grow at a steady CAGR of 4.12% during the forecast period (2025-2033). The growth is attributed to factors such as rising affluence, increasing demand for personalized wealth management solutions, and a favorable regulatory environment that encourages long-term savings. Market Dynamics: Key drivers of the industry include the growing middle class and the aging population, which are leading to an increase in the number of high-net-worth individuals and a need for tailored wealth management services. Other factors contributing to growth are the rise of robo-advisors and fintech solutions, making wealth management more accessible and affordable. However, challenges such as low interest rates and competition from traditional banks may restrain market expansion. The industry is segmented by client type (retail, pension funds, insurance companies, banks, others), type of mandate (investment funds, discretionary mandates), asset class (equity, fixed income, cash/money market, other asset classes), and region (Japan). Major players in the market include Nomura Asset Management, Nikko Asset Management, and Daiwa Asset Management, among others. Recent developments include: July 2023: Nikko Asset Management and Osmosis (Holdings) Limited announced a non-binding agreement for a strategic partnership. Under this agreement, Nikko AM aims to acquire a minority stake in Osmosis and obtain distribution rights for Osmosis' investment products and strategies.March 2022: Allianz Real Estate, a global real estate investment manager, finalized an agreement to purchase a portfolio of high-quality multi-family residential properties in Tokyo for around USD 90 million. This acquisition was made on behalf of the Allianz Real Estate Asia-Pacific Japan Multi-Family Fund.March 2022: KKR & Co. announced its acquisition of Japanese real estate asset manager Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR) for JPY 230 billion (USD 1.94 billion). This move was expected to strengthen the US private equity firm's footprint in Japan. The acquisition involved KKR purchasing MC-UBSR from Mitsubishi Corp. (8058.T) and UBS Asset Management.. Key drivers for this market are: Aging Population Led to a Growing Demand for Retirement Planning and Wealth Management Services, Growing Demand for Investment Products and Services. Potential restraints include: Aging Population Led to a Growing Demand for Retirement Planning and Wealth Management Services, Growing Demand for Investment Products and Services. Notable trends are: ESG Integration Reshaping Japan's Asset Management Landscape.

The Japan private banking market, currently experiencing robust growth, is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 4.00% from 2025 to 2033. This expansion is driven by several key factors. Firstly, Japan's aging population and increasing high-net-worth individuals (HNWIs) are fueling demand for sophisticated wealth management services, including asset management, insurance, trust services, and specialized tax and real estate consulting. The market is segmented by service type (asset management, insurance, trust, tax consulting, real estate consulting) and application (personal and enterprise). Enterprise clients, particularly family offices and corporations, are increasingly seeking comprehensive financial solutions. Furthermore, technological advancements, such as the adoption of robo-advisors and digital platforms, are enhancing efficiency and accessibility within the private banking sector, further contributing to market growth. Competition is fierce, with major players like Mitsubishi UFJ Financial Group, Japan Post Bank, and Mizuho Financial Group vying for market share. However, smaller regional banks also play a significant role, particularly in catering to specific local client needs. While the market exhibits strong growth potential, certain restraints exist. Stringent regulatory compliance requirements and the relatively conservative investment culture in Japan could impede rapid expansion. However, the increasing awareness of international investment opportunities and a growing appetite for alternative investment strategies are gradually mitigating these factors. The market's future trajectory hinges on effective adaptation to evolving client preferences, technological innovation, and navigating the evolving regulatory landscape. The continued rise in HNWIs and their growing demand for personalized wealth management solutions are expected to be the most significant drivers of long-term market expansion. Understanding these dynamics is crucial for both established players and new entrants seeking to succeed in this lucrative but competitive sector. Recent developments include: January 2023: Mitsubishi UFJ Financial Group Inc., or MUFG, which earns about half of its net operating profit from overseas operations, expects to close deals worth at least a combined 108 billion in Asia-Pacific in 2023. The bank and its subsidiaries announced plans in 2022 to acquire various consumer finance and securities businesses in the Philippines, Indonesia, and Thailand., January 2023: Sumitomo Mitsui Financial Group Inc. is considering more considerable holdings in some of its existing ventures in India, Indonesia, the Philippines, and Vietnam. The megabank is Japan's second-largest lender after MUFG and aims to increase the net profit from those businesses to 100 billion in the fiscal year ending March 2026 from about 60 billion in the current fiscal year ending March 2023.. Notable trends are: Number of High Net Worth Adult Individuals (HNWI) in Japan in 2021.

Money Supply M2 in Japan increased to 1269592.30 JPY Billion in July from 1268139.60 JPY Billion in June of 2025. This dataset provides - Japan Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Japanese WealthTech solution market is projected to exceed USD 330 million by 2025–2030, fueled by rising demand for digital investment solutions and wealth management tools.

Graph and download economic data for Horizon Kinetics ISE Asia ex Japan Wealth NTR (NASDAQWEALTHAN) from 2017-02-06 to 2025-08-21 about Asia, NASDAQ, wealth, Japan, and indexes.

Money supply, billion currency units in Japan, June, 2025 The most recent value is 1268407.5 billion Japanese Yen as of June 2025, an increase compared to the previous value of 1267064.6 billion Japanese Yen. Historically, the average for Japan from January 2010 to June 2025 is 1001655.06 billion Japanese Yen. The minimum of 763565.6 billion Japanese Yen was recorded in February 2010, while the maximum of 1268407.5 billion Japanese Yen was reached in June 2025. | TheGlobalEconomy.com

Japan ID: Flow: HH: Current Taxes on Income & Wealth: Other Current Taxes data was reported at 221.400 JPY bn in Mar 2015. This records an increase from the previous number of 192.800 JPY bn for Dec 2014. Japan ID: Flow: HH: Current Taxes on Income & Wealth: Other Current Taxes data is updated quarterly, averaging 305.800 JPY bn from Mar 1994 (Median) to Mar 2015, with 85 observations. The data reached an all-time high of 951.700 JPY bn in Jun 2006 and a record low of 190.900 JPY bn in Dec 2013. Japan ID: Flow: HH: Current Taxes on Income & Wealth: Other Current Taxes data remains active status in CEIC and is reported by Economic and Social Research Institute. The data is categorized under Global Database’s Japan – Table JP.A087: SNA 93: Benchmark Year=2005: Income & Outlay Accounts: By Institution: Income Acc Secondary Distribution (ID).

Japan Total: Current Taxes On Income, Wealth, etc., Receivable data was reported at 4,943,197.000 JPY mn in 2023. This records an increase from the previous number of 4,693,718.000 JPY mn for 2022. Japan Total: Current Taxes On Income, Wealth, etc., Receivable data is updated yearly, averaging 4,215,504.500 JPY mn from Mar 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 4,943,197.000 JPY mn in 2023 and a record low of 3,285,666.000 JPY mn in 2012. Japan Total: Current Taxes On Income, Wealth, etc., Receivable data remains active status in CEIC and is reported by Statistics of Tokyo. The data is categorized under Global Database’s Japan – Table JP.A121: SNA 2008: Benchmark year=2015: TM: Income & Outlay Accounts Classified by Sub-Sectors of General Government.

Key information about Japan Money Supply M2

• Japan Money Supply M2 was reported at 10,269.988 USD bn in Jan 2025
• This records an increase from the previous number of 10,150.046 USD bn for Dec 2024
• Japan Money Supply M2 data is updated monthly, averaging 3,637.266 USD bn from Jan 1957 to Jan 2025, with 817 observations
• The data reached an all-time high of 14,220.023 USD bn in Dec 2011 and a record low of 14.159 USD bn in Feb 1957
• Japan Money Supply M2 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M2: USD: Monthly

CEIC calculates monthly Money Supply M2 as the sum of M1 and Quasi Money and converts it into USD. The Bank of Japan provides M1 and Quasi Money in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Money Supply M2 prior to April 2003 includes Certificates of Deposits and prior to April 1998 excludes Foreign Banks.

Graph and download economic data for Horizon Kinetics ISE Asia ex Japan Wealth TR Index (NASDAQWEALTHAT) from 2006-12-31 to 2025-08-12 about Asia, NASDAQ, wealth, Japan, and indexes.

Money Supply M3 in Japan increased to 1619448.30 JPY Billion in July from 1615769.30 JPY Billion in June of 2025. This dataset provides - Japan Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Japan wealth management market reached USD 6.20B, driven by rising HNWIs, digital platforms, and demand for investment management and tailored financial services.

Money Supply M0 in Japan increased to 111265 JPY Billion in July from 110952 JPY Billion in June of 2025. This dataset provides - Japan Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the first quarter of 2025, currency and deposits accounted for the largest share of financial assets held by households in Japan, amounting to over ******* trillion Japanese yen. The total financial assets of households decreased compared to the previous quarter.

Graph and download economic data for Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Japan (MANMM101JPM189S) from Jan 1960 to Nov 2023 about M1, monetary aggregates, and Japan.

Broad money (% of GDP) in Japan was reported at 267 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Broad money (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.