Japanese customers hold only 10 percent of their financial assets in equities, due to risk

"Only about 10% of Japan's financial assets are invested in equities and mutual funds. That compares with 45% in the U.S. and 21% in Europe, according to the Bank of Japan"

Source:Japanese Investors Start to Cut the Cord

Wall Street Journal

ASIA MARKETS

March 25, 2013

By KANA INAGAKI And DANIEL INMAN

http://online.wsj.com/article/SB10001424127887323466204578382544261574314.html