FX.co ★ Foreign Investors Pull Back from Japanese Equities as Inflows Drop to ¥328.1B

Foreign investment in Japanese stocks has cooled sharply, with the latest figures showing net inflows at ¥328.1 billion, down from a previous reading of ¥874.0 billion. The data, updated on 28 January 2026, points to a notable loss of momentum after a stronger prior period of foreign buying.

The reversal suggests overseas investors are becoming more cautious toward Japanese equities, following a phase of heightened interest that had driven inflows into the hundreds of billions of yen. While capital is still entering the market on a net basis, the scale of the decline underscores a more measured stance from global investors toward Japan’s stock market.