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Tokyo Market Summary: The Nikkei Average continues to rise slightly, and profit is heavy even when sentiment is good

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moomooニュース日本株 wrote a column · Mar 22 01:19
Tokyo Market Summary: The Nikkei Average continues to rise slightly, and profit is heavy even when sentiment is good
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 40888.43 yen, 72.77 yen higher than the previous business day
●How far will prices continue at “2%” and the outlook for February's rise of 2.8% is slowing
● Assessment and implementation of government bond purchase reductions and policy changes - Bank of Japan Governor Ueda
● Three Japanese stock buyback materials that overseas players are paying attention to, and yen appreciation in the latter half of the year = Ikeda Yunosuke
● Attention to the handle: $Japan Airlines (9201.JP)$ $Mitsui Chemicals (4183.JP)$etc
-MooMoo News Japan Stock Zeber

Market Overview
Today's Nikkei Stock Average ended at 40888.43 yen, 72.77 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2813.22, 17.01 points higher.
Top news
How far will prices continue at “2%” and the outlook for February's rise of 2.8% is slowing
The sustainability of the 2% consumer price increase rate targeted by the Bank of Japan is being tested. The overall index excluding fresh food in February rose 2.8% from the same month last year, expanding the growth rate for the first time in 4 months. The outlook is expected to slow down, and price transfer of wage increases and productivity improvements in small and medium-sized enterprises are essential for stable inflation.

Assessment and implementation of government bond purchase reductions and policy changes - Bank of Japan Governor Ueda
Bank of Japan Governor Ueda Kazuo expressed the idea of implementing a reduction on government bond purchases after reviewing large-scale monetary easing policies on the 22nd after determining how the current policy changes have been digested in the market. I answered at the House of Councillors Finance Committee.

Bank of Japan's next interest rate hike is 60% until October, July and October forecast antagonism - survey
The Bank of Japan decided to raise interest rates for the first time in 17 years at the monetary policy meeting this week, but according to the economist survey, about 60% expect the next rate hike to be carried out by October, and predictions for July and October are in opposition (right).

Three Japanese stock buyback materials that overseas players are paying attention to, and yen appreciation in the latter half of the year = Ikeda Yunosuke
On March 19, the Bank of Japan announced a complete revision of monetary policy, such as the cancellation of negative interest rates. What stood out was the reaction of stock prices. It is a movement which at first glance contradicts the tightening measures, but it is consistent with the evaluations of many investors that I witnessed in London this month. They are commenting on Japanese companies as “I can see real changes.”

“Mr. Yen” Sakakibara also intervenes with the Bank of Japan's unchanged forecast for the end of the year - 155 to 160 yen
Former Treasurer Sakakibara Eiji, known as “Mr. Yen,” watched the trend of inflation regarding the possibility of additional interest rate hikes by the Bank of Japan, and clarified his opinion that there is a high possibility that it will remain the status quo throughout 2024.

Bank of Japan's Zero Interest Rate Cancellation, Right Time, Direction, and Evaluation - Chairman Katayama of the Japan Industrial Association
Chairman Katayama Masanori (Isuzu Motors Chairman) of the Japan Automobile Manufacturers Association expressed the view on the 22nd that the Bank of Japan's decision to cancel the negative interest rate policy is moving “in the right direction at the right timing.”

Featured stocks
Japan Airlines --- Significant continuous growth, evaluation of dividend increases, earnings plans for the next fiscal year, etc.
$Japan Airlines (9201.JP)$has continued to increase drastically. Revisions to earnings forecasts were announced the day before. Operating income for the fiscal year ending 2014/3 was revised upward from the previous forecast of 130 billion yen to 140 billion yen, 2.2 times compared to the previous fiscal year. The number of international passengers fell short of expectations, but cost reductions such as fuel costs, aircraft insurance claims, etc. were upward factors. Based on the 35% dividend ratio estimate, the annual dividend is 70 yen, an increase of 10 yen compared to the previous plan. Also, a plan for the fiscal year ending 25/3 has also been announced, EBIT is 170 billion yen, up 21% from the previous fiscal year, and the annual dividend is 80 yen.

LINE Yahoo! - Begins providing a function to generate solid advertisement text and suggest AI
$LY (4689.JP)$It's bottom-line. The company announced on the 22nd, “Yahoo! In “ad search ads,” it was announced that they have started providing a function (hereinafter, this function) to suggest titles and explanations using AI generated on an advertisement management tool.

Mitsui Chemicals - 8 days to begin manufacturing chemical recycling products using waste plastic decomposition oil
$Mitsui Chemicals (4183.JP)$It continued to grow for 8 days. The company announced on the 22nd that it has introduced pyrolysis oil (hereinafter, waste plastic decomposition oil) made from waste plastics into crackers at the company's Osaka Plant and has begun manufacturing and selling inductive products derived from chemical recycling using the mass balance method.

Distributor: Bloomberg, Nihon Keizai Shimbun, Jiji Press, QUICK Money World, Traders WebReuters
Tokyo Market Summary: The Nikkei Average continues to rise slightly, and profit is heavy even when sentiment is good
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