Investor Presentaiton
The Bank of Japan (BOJ) Remains Committed to ETF purchases
+ The BOJ has been purchasing Japanese ETFs for a decade
+ BOJ Governor Haruhiko Kuroda has signaled commitment to continuing
purchases of ETFs and not selling
+ It holds over $400bn in Japanese ETFs (~5% of the equity market), making it the
largest equity holder as of December 2020 when it overtook the government's
pension fund
JPY (Trillion)
14
12
10
8
Bank of Japan extended the upper limit of
its annual ETF, REIT purchases to Yen 12
Trillion that it introduced in March 2020. It
has eliminated its guideline of buying 6
trillion yen ($55bn) of ETFs annually.
4
2
Bank of Japan's (BOJ) ETF purchase over 12 Months
0-
2014
2015
2016
2017
Source: Bank of Japan, as of March 31, 2021. The BoJ is the central bank of Japan.
2018
2019
2020
2021
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