Japan stocks see biggest weekly inflow since 2013 as global investors return: BofA

Japan's equity markets are experiencing their largest foreign capital inflow since May 2013, according to BofA Global Research and EPFR data. Recent inflows have surpassed $6 billion, reversing a trend of significant outflows that peaked at nearly $12 billion weekly in early 2026. Factors driving this shift include a weaker yen, corporate governance reforms, and a global rotation away from U.S. assets. The 4-week moving average indicates a sustained trend, but future momentum will depend on the yen's trajectory and the Bank of Japan's policies.