Japan's Generational Wealth Gap Widens as Youth Investment Lags

Nikkei Asia analysis of Japan's five-year household survey shows average financial assets for under-30s rose from 160,000 to 790,000 yen (2014-2024), yet a larger share of youth opt out of the tax-exempt NISA program, widening the generational wealth gap. The trend signals persistent structural barriers to youth wealth accumulation despite market gains, with implications for Japan's long-term consumption and financial stability.