Japan Inc., households step up overseas investment despite weak yen

Net FDI doubles in 10 years as companies seek growth, holding Japanese currency down Sumitomo Forestry has decided to acquire U.S. homebuilder Tri Pointe as it sees growth overseas. (Sumitomo Forestry) TOKYO — The yen's depreciation in recent years has not discouraged foreign investment by Japanese companies or individuals, as low interest rates at home that have not kept up with inflation and growing markets outside Japan send them looking for opportunities overseas.

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