The main shareholder owning the assets of Japanese companies - Bank of Japan. The Central Bank is in TOP-10 largest holders of Japanese securities on the basis of the data of the index Nikkei 225 Stock Average, obtained from Bloomberg - by AMarkets materials.
Now the Bank of Japan and more Japanese "blue chips" than the fund BlackRock Inc., the largest asset manager in the global market with a capitalization of $ 3 trillion. Economists have long criticized the Bank of Japan for his manipulation of government bonds - the Central Bank too actively intervenes in the market. This risk for ordinary investors, first of all. And now, the Central Bank has connected its resources also to the stock market.
Economists argue - this behavior is dangerous and generally degrades the image and the corporate and public sectors. But Japanese is not up to the image - it is necessary to urgently and at all costs to save the situation.Nikkei 225 fell by 8.4% in 2016. Inflation is still below the target value. Most analysts surveyed by Bloomberg, said that the Bank of Japan will further strengthen buying securities from the market to stimulate economic activity, as well as in the name of growth of stock indices. The more the Bank of Japan intervenes in the market, the greater the risk that the prices of Japanese assets will be further away from fundamental fair value.