June’s current account swung to a deficit, affected by higher dividend payments to overseas investors. The first-half current account posted its largest surplus on record, drawing attention to trends in financial indicators.
June’s current account swung to a deficit of ¥92.3 billion, marking the first deficit in 17 months. The month-on-month decline and year-on-year comparison are discussed in the main text.
According to data released by the Ministry of Finance, higher dividend payments to overseas investors and other factors contributed to the deficit.
The first-half 2026 current account posted a surplus of ¥17.4292 trillion, up 22.5% year on year and the largest on record.
The trade balance swung to a surplus as exports of semiconductors and automobiles increased, while the services balance deficit widened as the number of visitors to Japan declined.