Japan's Financial Services Agency (FSA) is proposing a series of tax reform requests for the 2026 fiscal year aimed at expanding and enhancing investment opportunities across the population. A key initiative involves broadening the eligibility for the Nippon Individual Savings Account (NISA) program, a government tax-exempt investment scheme, to include all age groups, notably removing the age limit for the "tsumitate" (installment investment) category and allowing individuals under 18 to participate. This expansion is intended to accelerate the shift from savings to investment and support long-term asset building for families and younger investors. Additionally, the FSA is considering revisions to the taxation of cryptocurrency transactions, including the potential introduction of separate taxation (bunri kazei). Other proposals include changes to rules on reporting large shareholdings and organizational restructuring within the FSA to better address asset management and political considerations. The Ministry of Economy, Trade and Industry (METI) is also requesting bold investment promotion tax measures to support wage increases.