Foreigners Rushed to Buy Japanese Stocks on Trump Fears in 2025

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By Alice French

January 8, 2026 at 9:27 AM UTC

Foreign investors flocked to Japanese equities last year, purchasing the most since 2013 as they sought refuge from US economic uncertainty under President Donald Trump.

Overseas investors net purchased roughly ¥5.4 trillion ($35 billion) in Japanese cash equities in 2025, 35 times more than the amount they bought in 2024, according to data from the Tokyo Stock Exchange.