Are Japanese companies innovating technology, improving prod...
Are Japanese companies innovating technology, improving productivity, and developing markets?
There are probably some companies that continue to grow sustainably in this way, but in general, I feel that there are many places that are not the case.
Therefore, there doesn't seem to be an internal element of rising stock prices.
However, other factors, investors' (speculative) behavior, are separate from that, and are likely to be factors that boost stock prices.
Even so, there will be no momentum like American companies that will continue to grow exponentially.
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