Tomokatsu Mori
Tomokatsu Mori
expect fast gains natural recent rising shares suggest
Recent gains suggest to me that shares are rising too fast and it's natural to expect selling.
banks benefit capital earnings focus future increasing indication results spending stocks
Earnings are now the focus as results will be an indication of companies' future profitability. Banks will benefit from increasing capital spending and their stocks are still cheap.
change companies consumer economy expanding great heart increasing labor market prospects second spending year
Better prospects for Japan's economy were at the heart of the surge in the second half. Consumer spending is increasing and the labor market underwent great change with companies expanding their hiring. It was a year for domestic-demand stocks.
companies continue demand metal rising steel
Steel and metal companies are on a long-term rising trend. Demand will continue to increase.
changed market second sentiment
Market sentiment changed completely in the second half, triggered by Koizumi's re-election.
betting certainly economic foreign imagine increasing investors market start stocks
The market was so strong, I certainly didn't imagine stocks would surge this much at the start of the year. Foreign investors have been betting on Japan's economic recovery, and that's why they are increasing their holdings of domestic-demand-related stocks.