FY2025/26

Stocks

Bonds

Investment

Trusts

Discretionary

Investments

Insurance

Products

Total Sales

2025

May

1,074.6

108.9

204.2

43.5

46.7

1,477.8

Apr

1,390.9

306.7

209.5

50.8

36.4

1,994.4

Total

2,465.5

415.5

413.7

94.3

83.1

3,472.1

May 2025

  • Total sales: Y1,477.8bn; -26% MoM, -22% YoY
  • Stocks: Y1,074.6bn; decreased Y316.4bn MoM. Sales of Japanese secondary stocks decreased.
  • Bonds: Y108.9bn; decreased Y197.8bn MoM. Sales of Japanese bonds declined which included contribution from primary deals.
  • Investment trusts: Y204.2bn; roughly same level MoM. Inflows mainly into US growth stock funds.
  • Billions of yen
  • Excludes Corporate section and Workplace Solution Dept. Following a revision to the scope of total sales in June 2022, figures from before May 2022 have been reclassified.
  • In September 2023, the scope of bonds sales was revised. As a result, figures from before August 2023 have been reclassified.

FY2024/25

Stocks

Bonds

Investment

Trusts

Discretionary

Investments

Insurance

Products

Total Sales

2025

Mar

1,249.8

112.6

193.2

44.4

26

1,625.9

Feb

1,126.4

105.1

328.4

50.9

31.4

1,642.2

Jan

1,494.4

245

269.4

54.3

29.6

2,092.7

2024

Dec

1,227.9

147.5

290.9

67.6

40.6

1,774.6

Nov

1,240.6

99.2

340.4

52.1

35.9

1,768.2

Oct

1,175.9

153

232.1

54.7

32.9

1,648.6

Sep

1,229.2

153.1

241.1

56.9

31.7

1,711.9

Aug

1,309.4

255.4

253.7

50.8

40.2

1,909.5

Jul

1,611.2

202.3

298.9

73.2

43.8

2,229.5

Jun

1,122.9

280.7

306.5

80.9

42

1,833

May

1,228.5

216.5

330.8

66

41.5

1,883.3

Apr

2,434.4

198.4

333.8

53.9

29.7

3,050.3

Total

16,450.7

2,168.9

3,419.1

705.7

425.5

23,169.8

March 2025

  • Total sales: Y1,625.9bn; -1% MoM, -27% YoY
  • Stocks: Y1,249.8bn; increased Y123.4bn MoM. Sales of Japanese stocks increased due to contribution from primary deals.
  • Bonds: Y112.6bn; increased Y7.5bn MoM. Sales of foreign bonds decreased while sales of Japanese bonds increased.
  • Investment trusts: Y193.2bn; decreased Y135.3bn MoM. Declined from the previous month when there was a newly established investment trust and investors stayed sidelines due to increase of uncertainty in the market environment.
  • Billions of yen
  • Excludes Corporate section and Workplace Solution Dept. Following a revision to the scope of total sales in June 2022, figures from before May 2022 have been reclassified.
  • In September 2023, the scope of bonds sales was revised. As a result, figures from before August 2023 have been reclassified.

FY2023/24

Stocks

Bonds

Investment

Trusts

Discretionary

Investments

Insurance

Products

Total Sales

2024

Mar

1,728.7

238.8

196.4

48.1

25.6

2,237.5

Feb

1,538.5

234.4

304.3

43.4

29.9

2,150.5

Jan

1,224.1

276.1

263.6

34

26.5

1,824.2

2023

Dec

1,249.9

175.3

208.4

41.2

59.1

1,733.9

Nov

915.2

236.1

202.6

32.7

66.2

1,452.9

Oct

981.6

206.4

194

45

39.6

1,466.7

Sep

1,366.2

227.6

198.1

42.1

38

1,872.1

Aug

1,165.9

196

209.2

38.7

39.2

1,648.9

Jul

952.7

323.2

212.5

45.1

43.4

1,576.9

Jun

1,293

190.1

263.5

43.1

47

1,836.7

May

887.6

244.1

191.1

32.7

40.8

1,396.3

Apr

607.9

217.3

142.8

25.3

33.1

1,026.4

Total

13,911.3

2,765.4

2,586.4

471.4

488.4

20,222.9

March 2024

  • Total sales: Y2,237.5bn; +4% MoM, +31% YoY
  • Stocks: Y1,728.7.5bn; increased Y190.2bn MoM. Sales of Japanese stocks increased compared to last month.
  • Bonds: Y238.8bn; increased Y4.4bn MoM. Sales of Japanese bonds increased due to contribution from a primary deal while sales of foreign bonds decreased.
  • Investment trusts: Y196.4bn; decreased Y107.9bn MoM. While inflows mainly into US growth stock funds and global equity funds, sales of investment trusts decreased.
  • Billions of yen
  • In June 2022, the scope of total sales was revised from Retail channels only to include Retail channels, Japan Wealth Management Group, Net & Call and intermediary. As a result, figures from before May 2022 have been reclassified.
  • In September 2023, the scope of bonds sales was revised. As a result, figures from before August 2023 have been reclassified.

FY2022/23

Stocks

Bonds

Investment

Trusts

Discretionary

Investments

Insurance

Products

Total Sales

2023

Mar

1,293.7

286.8

69.3

23.6

29.1

1,702.6

Feb

737.3

178.8

129.6

30.8

31

1,107.5

Jan

638.5

190.9

183.2

28.5

27.1

1,068.2

2022

Dec

988

220.8

151

45.6

54.5

1,459.9

Nov

813

225

148.5

40.4

49.7

1,276.6

Oct

582.4

186.4

131.3

50.7

29.4

980.3

Sep

771

130.7

109.2

48.3

24

1,083.1

Aug

763.7

157.1

140

45.6

28.8

1,135.2

Jul

694.1

323.1

96.3

46.5

23.3

1,183.4

Jun

824.4

241.9

151.3

61.8

28.3

1,307.6

May

596.7

147.7

124.1

53.3

18.7

940.5

Apr

626.8

175.1

135.7

55.5

14.5

1,007.6

Total

9,329.8

2,464.2

1,569.6

530.5

358.5

14,252.5

March 2023

  • Total sales: Y2,052.4bn; 79% MoM, 22% YoY
  • Stocks: Y1,293.7bn; increased Y556.4bn MoM. Sales of Japanese primary and secondary stocks increased.
  • Bonds: Y636.6bn; increased Y418.8bn MoM. Sales of Japanese bonds increased. Sales of foreign bonds also increased due to contribution from primary deals.
  • Investment trusts: Y69.3bn; decreased Y60.2bn MoM. Due to increase of uncertainty in the market environment, sales of investment trusts decreased.
  • Billions of yen
  • In June 2022, the scope of total sales was revised from Retail channels only to include Retail channels, Japan Wealth Management Group, Net & Call and intermediary. As a result, figures from before May 2022 have been reclassified.
  • In September 2023, the scope of bonds sales was revised. As a result, figures from before August 2023 have been reclassified.