The Nikkei average broke into the 40,000 yen range, and metropolitan prices rose 2.5% in February, exceeding the Bank of Japan target of “2%”

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Japan-US stocks concentrate money on high tech performance is strong and there is little sense of overheating
The major stock price indices of Japan and the United States are hitting their highest values every day. There are many views that it is a stock price that is supported by the expansion of demand for semiconductors for generative AI (artificial intelligence) and profit growth of related companies. Meanwhile, voices have also been heard pointing out similarities with the IT (information technology) market in the 1990s, such as how money is concentrated in some companies and the entry of investors with few experience points.

The 2.5% rise in metropolitan prices in February exceeds the Bank of Japan target of “2%”
As for the consumer price index (mid-term preliminary value, 2020 = 100) for the Tokyo metropolitan area announced on the 5th by the Ministry of Internal Affairs and Communications, the composite index excluding fresh food with large fluctuations rose 2.5% from the same month last year to 106.2. The growth rate expanded from 1.8% in January for the first time in 4 months. It surpassed the Bank of Japan's price stability target of 2% for the first time in two months.

Socionext - Buying Sentiment Nikkei Average Regular Review Adopts Company, Disco, etc.
$Socionext (6526.JP)$It's a buying trend. Nikkei Inc. announced the replacement of the constituent stocks of the Nikkei Stock Average on March 4. The company, $Disco (6146.JP)$、 $Zozo (3092.JP)$Newly adopted.

Mitsubishi Corporation - rivalry in North America, aiming for leaving China from lithium production mine development to refining = Nikkei
$Mitsubishi (8058.JP)$It's a fight. The morning edition of the Nihon Keizai Shimbun dated 5th reported that the company will participate in the development of lithium mines in North America.

Nippon Steel - repulsive to direct discussions with US Labor Union over US Steel acquisition = Nikkei
$Nippon Steel (5401.JP)$There was a backlash. The morning edition of the Nihon Keizai Shimbun dated 5th reported that the company revealed the idea of aiming to gain understanding from the opposing American Steel Workers Union (USW) by April over the acquisition of US Steel, a major US steel company.

Shionogi Pharmaceutical Co., Ltd. started the second phase of a comprehensive collaboration project in the field of infectious diseases with Nagasaki University in continuous growth on the 8th
$Shionogi (4507.JP)$It continued to grow for 8 days. The company announced on the 4th that it concluded an agreement on “comprehensive cooperation in the field of infectious diseases centered on malaria” with Nagasaki University (Nagasaki-shi, Nagasaki-ken) in 2019/2, continued ongoing activities, and began the second phase of the project.

Rakuten Securities takes over individual business from Fidelity and expands customer base
$Rakuten Group (4755.JP)$will take over the financial product sales business for individuals from Fidelity Securities. In addition to comprehensive securities accounts for customers and individuals, some employees will also take over. There are many semi-wealthy middle-aged and elderly customers of Fidelity Securities, and there is an aim to expand the customer base.

Distribution source: Bloomberg, Nihon Keizai Shimbun, Trader's Web, Wells Advisor
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