Record 45.4 trillion yen stock appreciation and yen depreciation contributed to GPIF's operating income for the previous fiscal year

July 5, 2024 at 3:35 PM GMT+9 (some excerpts)

According to the fiscal year summary announced on the 5th by the Pension Reserve Fund Management and Operation Independent Administrative Agency (GPIF), which manages public pensions, management revenue for fiscal year 2023 was 45 trillion 415.3 billion yen, a record high. Strong domestic and foreign stocks and the depreciation of the yen contributed. Positive management has continued for the fourth year in a row, and the total amount of assets under management has risen to 246 trillion yen.
The profit margin was plus 22.67%, which was the second record in the past since fiscal year 20. The cumulative revenue amount since fiscal 2001, when voluntary operation began, was 153 trillion 797.6 billion yen, which greatly expanded from 108 trillion 382.4 billion yen at the end of fiscal year 22.