As the Nikkei stock index keeps soaring to record highs above the peaks marked in 1989, investing is once more drawing interest in a country that has usually preferred the safety of savings.
But unlike the stock-buying craze that drew in so many people at the height of the bubble economy more than three decades ago, most Japanese remain sidelined this time, seeing little benefit from rising share prices amid struggles to cope with higher inflation and falling real wages.
And many who are investing appear to be motivated at least in part by economic anxiety, in contrast to the heady optimism about the economy that…
