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"The average amount of family assets for all households was 53.75
million yen per household as of the end of November, 1994" means that at today's
exchange rate of 110 yen to the dollar, the average Japanese household had a net worth in
1994 of $488,636, for a total net worth across 44 million Japanese households of $21.5
trillion.
1994 NATIONAL SURVEY OF FAMILY INCOME AND EXPENDITURE
PROMPT REPORT OF FAMILY ASSETS (FOR TWO OR MORE PERSON HOUSEHOLDS)
31 May 1996
http://web.archive.org/web/20000711025817/http://www.stat.go.jp/english/15a4.htm
(SUMMARY)
- Family assets in Japan
The average amount of family assets for all households was
53.75 million yen per household as of the end of November, 1994. According to the
breakdownof family assets, residential land was 36.36 million yen, accounted for 67.6% of
total family assets. Financial assets(8.47 million yen, 15.8%), houses(6.59 million yen,
12.3%), major durable goods(include membership entitlement for sports or recreation
clubs)(2.33 million yen, 4.3%) followed.
- A frequency distribution of family assets
The frequency distribution of all household
classified by the amount of family assets showed an uneven distribution with a large
number of household in lower assets brackets. The mean and median of the distribution were
53.75 million yen, 30.16 million yen respectively. Households, which had a lower amount of
assets than the national average, accounted for 71%.
- Family assets by yearly income decile groups
According to family assets classified by
yearly income groups, the amount of family assets of the group I, the lowest income group,
the group V, the middle group, and the group X, the highest group, were respectively 35.5
million yen, 41.14 million yen and 122.37 million yen. It is roughly true that the higher
the rank of income was, the more assets households kept. The amount of family assets of
the group X was 3.4 times as much as the group I. (Figure 3) remark : Yearly income decile
groups mean the ten equally divided groups in term of the number of households, after
arranging them in order of the yearly income. They are referred to Groups I,II, c,X
in order from the low yearly income group to the high one. Figure 1 Family assets by
yearly income decile groups 
- Family assets by age groups of household head
According to family assets per household
by age groups of households head the older the age of the household head was, the more the
amount of family assets increased. The group 30 years and under, 30-39 years, 40-49 years,
50-59 years, 60-69 years, 70 years and over, were respectively 13.22 million yen, 2 6.40
million yen, 45.82 million yen, 62.99 million yen, 81.39 million yen,92.60 million yen.
The group of 70 years and over kept 7 times as much as 30 years and under.
- Family assets by occupation of household head
According to family assets classified by
occupation of household head, the average amounts of family assets of worker's household
and other household were 42.00 million yen and 77.41 million yen respectively. Specially
the amount of family assets of corporate administrators was 120 million yen. Other
household kept assets 1.9 times as much as worker's household.
- Family assets by types and tenure of dwelling
According to family assets per household
by types and tenure of dwelling, the amount of family assets of households with own
house(67.78 million yen) was 6.3 times as much as that with rent house(10.74 million yen).
- Family assets by region
According to family assets by region, the average amount of
family assets in Kanto area was the highest, 69.07 million yen, and 1.3 times as much as
the national average. Tokai area(61.73 million yen), Kinki area(57.07 million yen)
followed. The amount of family assets was the lowest in Hokkaido(26.20 million yen).
Figure 2 Family assets per household by region 
- In comparison with the previous survey in 1989
(1) National family assets per
household The amount of family assets per household for all households in 1994 decreased
4.1% from the previous survey in 1989. Compared with 1989, houses, financial assets,
majordurable goods increased 25.0%, 24.5% and 23.3% respective ly. On the other hand,
residential land, which accounted for 67% of family assets in 1994, decreased 15.2%.
Notation : To compare with 1989,"house and residential land in which owner didn't
live" were excluded. (2) Family assets by yearly income decile groups Comparing the
results in 1994 with 1989, the amount of family assets of low income groups increased,
such as the group I, II, III went up more than 10%. On the other hand, that of high income
groups decreased, such as the group X went down 24.8%. Notation : To compare with
1989,"house and residential land in which owner didn't live" were excluded. (3)
Family assets by region Regarding the amount of family assets by region compared with
1989, the amount of family assets came down 18.0% in Kanto area and 15.9% in Kinki ara
respectively. On the other hand, they were went up in other regions. On the breakdown of
the total amount of family assets, residential land decreased 27.1% in Kanto area, 27.5%
in Kinki area, however increased in other region. Houses increased in all regions.
Notation : To compare with 1989,"house and residential land in which owner didn't
live" were excluded.
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