Recently, Japan released economic data for the latest quarter. GDP grew by 1.4%, growing for 7 consecutive quarters. This is also Japan's best performance since 2001.

On November 17, Bloomberg published an article saying that although Japan's GDP continues to grow and exports, corporate profits, and financial markets seem to be booming, domestic inequality is growing. So in Japan, no one is celebrating.

According to data from the Bank of Japan, the number of households “without any savings or investment” in Japan increased from 13% to 14% last year. In 2015, Japan also conducted a similar survey that counted single people without any savings or investments. If these two figures are added together, this means that at least 14 million people in Japan have no savings or investments, far exceeding 10% of Japan's total population of 127 million.

Furthermore, Bloomberg pointed out that Japan's population is aging faster and faster, and there will also be more and more households without any financial assets. The Bank of Japan's survey found that 38% of households with two or more in Japan are very concerned about life after retirement, while another 44% of households are more concerned about their future lives.

In the past 5 years, benefiting from a favorable trend of up to 130% in the stock market, the wealth of households owning stocks in Japan has increased to a certain extent, but overall, stocks only account for 10% of the average Japanese household's investment. Most Japanese households still prefer investments with stable returns.