Tokyo Market Summary: Nikkei Average rises by 253 yen to combat deflation and zero interest rate restrictions “The end is in sight” - Bank of Japan Deputy Governor Uchida

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Long-term interest rate temporarily rises to 1.020% high level for the first time in 12 years
The yield on new 10-year government bonds, which is an indicator of long-term interest rates in the domestic bond market on the 27th, temporarily rose to 1.020% (government bond prices fell), 0.015% higher than the previous weekend. High level for the first time in about 12 years since 2012/4. The movement to sell domestic bonds is spreading from speculation that the Bank of Japan will quickly go through policy normalization such as reduction in government bond purchases and additional interest rate hikes.
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The fight against deflation and zero interest rate restrictions “The end is in sight” - Bank of Japan Vice Governor Uchida

Bank of Japan has room to raise policy interest rates to 0.5% by the end of the year - former deliberation committee member Masai
There is room for the Bank of Japan to raise policy interest rates to 0.5% by the end of the year if the economic situation continues almost as it is. Chairman Masai Takako of the SBI Institute of Finance and Economics, who is a former Bank of Japan deliberation committee member, expressed this point of view. “It depends on the real economy, but if economic forecasts like the current situation continue, I think it's okay to raise interest rates one or two more times to about 0.5%,” he said.

Bank of Japan Governor “Succeeds in Boosting” Inflation Forecasts and Contributes to Wage Raises
Bank of Japan Governor Ueda Kazuo said on the 27th that corporate wage increases progressed along with the rise in import prices, and “I think we have succeeded in boosting inflation expectations from zero percent.” He stated that “there is a possibility that a major shock (such as an increase in import prices) will be necessary” in order to leave an economy where inflation rates and inflation expectations are established around zero percent as experienced by the Japanese economy.
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Success in boosting inflation expectations; anchoring to 2% is necessary = Bank of Japan Governor

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Yusen --- drastic growth, expectations for further strengthening of returns in response to reports of interviews with the president
$Nippon Yusen Kabushiki Kaisha(9101.JP)$It continued to increase drastically with a 3% increase. An interview with the president was reported over the weekend. By balancing stable growth and shareholder returns, it seems that they “want to welcome the announcement of financial results one year from now with PBR exceeding 1 times.” The shareholder return quota shown in the mid-term plan with the fiscal year ending 27/3 as the final year has now been raised, but the profit incorporated is up to the forecast for the current fiscal year, and when guessed from the growth curve, there is also a very high possibility that the remaining 2 years will rise. It is also said that if profits accumulate more than planned, they will actively return them.

Kansai Electric Power Co., Ltd. continued to increase drastically, and target stock prices were raised in line with the increase in earnings forecasts for American securities
$Kansai Electric Power(9503.JP)$It continued to increase drastically, with an increase of about 6%. Morgan Stanley MUFG Securities continues to make investment decisions “overweighted,” and the target stock price has been raised from 2770 yen to 3330 yen. In addition to insufficient factoring in stock prices relating to relatively high ROE levels, it also seems that the company side's mid-term target increases are also viewed positively. Along with the hike in the energy business, ordinary income for the fiscal year ending 25/3 seems to have been revised upward from the previous 308 billion yen to 360 billion yen.

Nitto Denko's stock price rose 2.1% to split 1 share into 5 shares
$Nitto Denko(6988.JP)$There was a rebound, and it rose to 12,360 yen, which was 255 yen (2.10%) higher at one point. It was announced that 1 share will be split into 5 shares on the 24th and 9/30 as reference dates. As the minimum investment amount is lowered, purchases are coming in due to the expectation that it will lead to an expansion of the investor base.