1

2030 830 2060 1,154 12

65

0

200

400

600

800

1,000

1,200

1,400

2012 2015 2020 2025 2030 2040 2050 2060

15.5

24.6

12.3

18.8

19.5

32.2

0%

5%

10%

15%

20%

25%

30%

35%

2012 2015 2020 2025 2030 2035 2040 2045 2050

2035 653 1

9526

2

FX

3

2011

60 64 1,224 865 65 69 232 157 2011 7

60 60

4 21

(H 23 )

27.1

28.6

28.929.8

21.4

23.3

20.0

22.0

24.0

26.0

28.0

30.0

32.0

2011 2016

60 6465 6970

( )

( )

67.3

58.652.4

41.7

28.4

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

60 64 65 69 70 74 75 79 80 ( )

( )

5

2,824 5,806

1,984(70.3%)

692(11.9%)

8000 2015

6

N ISA

20

!

20.315

7

8 6

9 68

2018 40

2019 40

2020 40

2021 40

2022 40

2023 40

2024 40

2025 40

2026 40

2027 40

2028 40

2029 40

2030 40

2031 40

2032 40

2033 40

2034 40

2035 40

2036 40

2037 40

4 0

20

800 40 20

120

600 120

R E IT

ISA ISA

N ISA N ISA

20

10

2014

2015

2016 1 20

2017 12 0

2018 12 0

2019 120

2020 1 20

2021 1 20

2022 12 0

2023 12 0

1,505 4,358

1

6,733

870

65 20 65 6,965 2018 30

648 901 57

iD eC o

37

iD eC o

85

2018 30

447

20 65 25.038.9

11 21

iD eC o2017

332.75

81.66.8

15.661.31

665.5

14.41.2

27.62.3

iD eC o 42( 3.5 ) iD eC o

iD eC o18.6 ( 1.55 ) iD eC o

1.5 62 150

27.62.3

24.02.0

12

iD eC o

21

66 2017328 2017

iDeCo

2002 3 2018 3

13 21

14

80%

50 70%

70%

100%

100%

3

10

100

17 W G

15

29 11 14 29 11 14

10 200

16

© Japan Securities Dealers Assoc iation.All Rights Reserved. 4

1/2

17

© Japan Securities Dealers Assoc iation.All Rights Reserved. 5

2/2

18

7580

80

or

/ /

30 40 50 60 70 80 90 100

358 1

50 2

2500 4,500 3

1900 3,700 3

0 1,000 8

7 6 52 ,4 6 3 5

465 7

195.7 9

65.4 6

2018

2017

28

/

or

34 4

2925

2780 7.9 12 10 =1,028

19

100

100

N ISA D C / iD eCo

2019 G 20

20 15