Japan is exploring policy options to encourage the Government Pension Investment Fund (GPIF) to increase its investment in Japan, a minister says. According to reporting, the government is considering ways to support greater domestic investment by GPIF, which manages Japan’s public pension assets. The discussion reflects ongoing interest in how large institutional investors can contribute to domestic economic growth while balancing fiduciary responsibilities and risk considerations. The minister’s comments indicate that Japan is not making an immediate decision but is looking at possible measures that could influence GPIF’s approach to allocating assets, particularly toward Japan-based opportunities. Broader context across the coverage suggests this is part of a continuing debate over the role of pension funds in supporting the domestic economy and capital market development. No specific policy instruments, targets, or timeline are detailed in the provided excerpts. The move, as described, centers on exploring incentives or frameworks that could increase domestic exposure while maintaining GPIF’s investment mandate and governance.