Start with the Nikkei average depreciation of 80 yen Negative interest rates are likely to be lifted in the first half of 24, and April when wage increases can be confirmed

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In order to stop “35 years of losing” stock prices, go to management that wins through continuous reforms
The Nikkei Stock Average rose by nearly 8,000 yen, and 2023, which was in the high range for the first time in 33 years, comes to an end. But is it okay to honestly rejoice? There are currently three “inconvenient truths” about the Japanese economy floating around the world market. The first is that Japan is the only major country that has not been able to exceed the highest stock price in 34 years, and it has been buried.

Negative interest rates will be lifted in the first half of '24, and likely in April when wage increases can be confirmed
2024 is likely to be a year for the Bank of Japan to decide on a shift from accommodative monetary policy. Observations are spreading in the market that President Ueda Kazuo, who took office in the spring of '23, will lift the negative interest rate policy in the first half of '24.

The yen rose to the 140 yen level at one point for the first time in 5 months in anticipation of a drop in US interest rates
The yen rose against the dollar in the foreign exchange market on the 28th, and 1 dollar = the latter half of the 140 yen range was set at one point. The level of appreciation of yen and depreciation of the dollar for the first time in 5 months since July. Early interest rate cut observations by the US Federal Reserve (Fed) intensified, and dollar sales swelled against a wide range of currencies.

Shiseido - Small Movement Uotani CEO “Retiring Next Year” = Nikkei
$Shiseido(4911.JP)$It's a small move. The morning edition of the Nihon Keizai Shimbun dated 29th reported that the company's Chairman and Chief Executive Officer (CEO) Masahiko Uotani said “I will retire as CEO in the 2024/12 fiscal year” in response to an interview by the same newspaper, and clarified the idea of retiring from top management.

Nomura re-expands equity-related business in Europe
$Nomura Holdings(8604.JP)$(HD) will expand equity-related business globally. The policy is to once again focus on the European region, which proceeded with drastic contraction around 2016, and develop services etc. for investment funds.

Mizuho Bank is the first in Japan to be applied to loans and business succession for social issues
$Mizuho Financial Group(8411.JP)$Banks executed social loans (social loans) for the purpose of supporting business succession. When the construction company Link Trust (Tokyo/Shibuya) carries out MBO (acquisition in which the management team participates), it lends to companies that take over the business.

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Distribution source: Nihon Keizai Shimbun, Traders Web, Bloomberg