--- source: Ministry of Finance, Japan url: https://www.mof.go.jp/english/policy/international_policy/reference/itn_transactions_in_securities/monthEng.pdf document_type: pdf date_retrieved: 2026-03-17 period: February 2026 parent_publication: International Transactions in Securities (Monthly) indicators_covered: [Foreign Stock Investment, Foreign Bond Investment] reference_date: 2026-02-28 --- # International Transactions in Securities — Monthly Report **Ministry of Finance, Japan** **March 9, 2026** --- ## Overview This monthly report presents **portfolio investment transactions** in Japanese securities (stocks and bonds) for **February 2026**, based on reports submitted by designated major investors including banks, financial instruments firms, insurance companies, investment trusts, and asset management companies. --- ## 1. Portfolio Investment Assets ### (Japanese residents' acquisition and disposition of foreign securities) The following table shows Japanese investors' transactions in foreign securities for February 2026, broken down by security type and investor category. ### February 2026 Summary — Japanese Investment Abroad | Period | Equity & Investment Fund Shares | Long-term Debt Securities | Short-term Debt Securities | Total | |--------|---|---|---|---| | **Feb 1-10** | 3,182 net | -4,160 net | -978 net | (Subtotal A) | | **Feb 11-20** | 2,232 net | -23,320 net | -21,088 net | | | **Feb 21-28** | 1,007 net | -6,736 net | -5,728 net | | | **Total Feb 2026** | **6,421 net** | **-34,216 net** | **-27,794 net** | **C: 3,521** | **Units:** ¥100 million (all figures in billions of yen must be multiplied by 0.1) --- ## 2. Portfolio Investment Liabilities ### (Non-residents'/foreigners' acquisition and disposition of Japanese securities) This section covers foreign investors' transactions in Japanese stocks and bonds for February 2026. ### February 2026 Summary — Foreign Investment in Japan | Category | Acquisition | Disposition | Net | |----------|---|---|---| | **Equity & Investment Fund Shares** | | | | | Feb 1-10 | 96,994 | — | — | | Feb 11-20 | 90,509 | — | — | | Feb 21-28 | 81,021 | — | — | | **Total Feb** | **553,413** | **530,998** | **22,415** | | | | | | | **Long-term Debt Securities** | | | | | Total Feb | 482,643 | 480,867 | 1,777 | | | | | | | **Short-term Debt Securities** | | | | | Total Feb | 332,612 | 322,873 | 9,739 | | | | | | | **Overall Total (All Securities)** | **1,368,669** | **1,334,738** | **33,931** | ### Net Change Calculations - **Subtotal Net (A-B):** -85,683 (¥100 million) - **Total Net (C-D):** -100,369 (¥100 million) **Notes on interpretation:** - Positive net figures indicate net acquisition by foreigners (inflows into Japan) - Negative net figures indicate net disposition by foreigners (outflows from Japan) - Foreign investment in Japanese **equity and investment funds** showed a net inflow of 22,415 (¥2.24 trillion) - Foreign investment in Japanese **long-term debt securities** (bonds) showed minimal inflow of 1,777 (¥177.7 billion) - Foreign investment in Japanese **short-term debt securities** showed a net inflow of 9,739 (¥973.9 billion) --- ## 3. Investment by Investor Type ### Foreign Investors' Total Portfolio Investment (February 2026) **Portfolio Investment Assets by Types of Investors:** | Investor Category | Total Acquisition | Total Disposition | Net | |---|---|---|---| | Central Bank | 0 | 0 | 0 | | Deposit-taking Corporations | 58,522 | 93,755 | -35,232 | | Banks (banking accounts) | 50,912 | 82,560 | -31,648 | | Trust Banks (banking accounts) | 5,119 | 6,560 | -1,440 | | General Government | 771 | 1,182 | -411 | | Other Sectors | 432,802 | 421,730 | 11,071 | | — Other Financial Corporations | 105,690 | 97,417 | 8,273 | | — Banks (trust accounts) | 413,859 | 399,998 | 13,861 | | — Trust Banks (trust accounts) | 86,764 | 80,112 | 6,652 | | — Financial Instruments Firms | 90,146 | 81,578 | 8,568 | | — Life Insurance | 241,077 | 240,975 | 103 | | — Non-life Insurance | 23,498 | 28,468 | -4,970 | | — Investment Trust Mgmt Companies | 59,134 | 48,961 | 10,173 | | **Total (All Categories)** | **491,324** | **515,597** | **-24,274** | --- ## Key Findings for February 2026 ### Foreign Investment in Japanese Securities **Net Foreign Acquisition (Positive = Inflow to Japan):** - **Equity & Investment Funds:** +22,415 (¥2.24 trillion) — Strong foreign buying of Japanese stocks - **Long-term Bonds:** +1,777 (¥177.7 billion) — Minimal net inflow - **Short-term Debt:** +9,739 (¥973.9 billion) — Moderate inflow to short-term instruments **Overall foreign investor position:** Net inflow of 33,931 (¥3.39 trillion) into Japanese securities ### Japanese Investment Abroad **Net Japanese Acquisition of Foreign Securities:** - **Equity & Investment Funds:** +6,421 (¥642.1 billion) — Japanese buying foreign stocks - **Long-term Bonds:** -34,216 (¥3.42 trillion) — Japanese selling foreign bonds (NET OUTFLOW) - **Short-term Debt:** -27,794 (¥2.78 trillion) — Japanese disposing of foreign short-term securities **Overall Japanese investor position:** Japanese residents showed net selling of foreign securities --- ## Methodology & Definitions ### "Designated Major Investors" This data is based on reports from designated major investors as defined by Article 21 of the Ministerial Ordinance Concerning Foreign Exchange Transactions, including: - Banks and trust banks - Financial instruments firms - Insurance companies (life and non-life) - Investment trust management companies - Asset management companies ### Sign Convention - **Plus sign (+):** Net acquisition by residents (investors buying) - **Minus sign (-):** Net disposition by residents (investors selling) ### Units - All figures are in **¥100 million** (hibaku kin — hundred million yen) - To convert to billions of yen, multiply by 0.1 - To convert to USD or other currencies, use the exchange rate applicable to the transaction date ### Frequency This report is published **monthly** based on designated major investor reports. A weekly preliminary version is also available. ### Revisions & Historical Data Starting from the **January 2014 period**, the classification convention changed to show net purchases with a plus sign and net sales with a minus sign (reversed from previous years). --- ## Historical Context Following a review of Japan's balance of payments statistics effective January 2005, this series was redesignated as "International Transactions in Securities (Monthly; based on reports from designated major investors)." The classification was moved from a currency-of-denomination basis to a residency-of-issuer basis to better align with international standards. Starting January 2014, transactions in investment funds were moved from the long-term debt category to a new "Equity and investment fund shares" category to enhance data granularity. --- ## Data Quality Notes 1. Totals may not add due to rounding of individual figures 2. Net = Acquisition minus Disposition 3. Data excludes transactions by entities not classified as designated major investors 4. The Bank of Japan is excluded from this report 5. Some investment fund data is combined with equity transactions per recent methodology changes --- ## Related Statistics The Ministry of Finance publishes related international financial statistics: - **International Investment Position of Japan** (IIPJ) — cumulative stock of foreign assets and liabilities - **Balance of Payments Statistics** — broader macroeconomic framework - **Weekly Transactions** — preliminary estimates before monthly finalization - **Securities Issuance Statistics** — foreign fundraising in Japanese markets --- ## Source & Contact **Published by:** Ministry of Finance, Japan **Publication Date:** March 9, 2026 **Reference Period:** February 2026 (ended February 28, 2026) **Data Submission Deadline:** Approximately 9 days after month-end **Inquiry (Japanese):** - Ministry of Finance, International Finance Division - Capital Flow Statistics Section - Tel: +81-(0)3-3581-4111 (ext. 4925, 5412) **Inquiry (English):** - International Policy Bureau - https://www.mof.go.jp/english/policy/international_policy/reference/itn_transactions_in_securities/ --- ## File Information - **Original URL:** https://www.mof.go.jp/english/policy/international_policy/reference/itn_transactions_in_securities/monthEng.pdf - **Format:** PDF (English) - **Document Code:** 対外及び対内証券売買契約等の状況（月次・指定報告機関ベース） - **Language:** Bilingual (Japanese & English) - **Frequency:** Monthly, released ~9 days after month-end