Recent data on Japanese foreign investment reveals mixed trends in stock and bond markets. Foreign investment in Japanese stocks reached 651.3 billion yen, a reversal from the previous outflow of 524.3 billion yen. Similarly, Japanese foreign stock investment stood at 190.6 billion yen, improving from a prior negative 88.2 billion yen. However, foreign investment in Japanese bonds was 1,052.6 billion yen, marking a substantial increase compared to the previous outflow of 368.8 billion yen. Conversely, Japanese foreign bond investment dropped to 182.8 billion yen from a previous 615.5 billion yen. Meanwhile, Japan's mergers and acquisitions (M&A) activity surpassed 20 trillion yen in the first half of the year, reaching the highest level in seven years. Additionally, the issuance of Samurai bonds—yen-denominated bonds issued by foreign entities—has gained momentum recently, influenced by domestic funding uncertainties and elevated U.S. interest rates.