BOJ’s Profit Soars 47% to Highest Since 2001 as Assets Grow
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The Bank of Japan’s profit jumped 47 percent and its assets rose 33 percent in the six months through September from a year ago as Governor Haruhiko Kuroda provided unprecedented stimulus to stoke inflation.
Net income was 588 billion yen ($5 billion), the highest since the same period in 2001, the central bank said in Tokyo today. Income from government bonds rose 45 percent, while the BOJ posted a 10 percent gain on its foreign-currency assets as the yen weakened.