Cash-strapped Japanese monks turn to investing as inflation worsens
One day2 outlets reported this in 2 reports over 1 day
All 2 reports on Wed, 16 September 2026
What it is about
Who published it, and when
original reportfirst to report
Japan Times
South China Morning Post
16 Sept, 01:18over 3 hours16 Sept, 04:30
How it spread - 2 original reports
Wed, 16 September 2026
2 reports- Japan Times01:18first to report
A growing wave of temple owners turning to financial markets as costs for the upkeep are soaring and the country's Buddhist population is falling.
- South China Morning Post04:30
Koukyo Yoneta, a fifth-generation Buddhist priest in a small town in Japan’s Hokkaido, was struggling to keep up with the maintenance needs of his century-old temple, so he chose a path that would have been unthinkable for his predecessors – rather than wait for his congregation to give money they do not have, he invested what they had already donated. The move paid off. Within two years, his portfolio of US treasuries, Japanese real estate investment trusts and stocks including BYD and...