Profits and rising share prices in the sector, undiminished by customer hesitancy, are adding to speculation the Bank of Japan may upgrade its inflation forecast next week.
An upcoming rush of initial public offerings has lifted sentiment toward startups, with more than 10 new stocks expected to start trading in Tokyo between now and the end of June.
Investors are hoping that under inflation, companies will be able to raise prices without encountering too much pushback from customers.
The number of proposals submitted for this year’s shareholder meetings has jumped about 60% from the same time last year.
Up more than 12% in 2023, the Topix is already among the best performing national equity gauges in Asia and is beating a broader regional index by more than 8 percentage points.
The saga pits Yamauchi No. 10 Family Office (YFO), which manages about ¥200 billion ($1.5 billion) in assets, against Toyo Construction, a firm known for its marine engineering operations.
Silicon Valley Bank's failure has fueled investor concern over the exposure of startup firms in the SoftBank Vision Funds.
While there aren’t any major alarm bells ringing over the health of Japan’s banking sector, investors are nonetheless worried about potential losses.
The Government Pension Investment Fund lost 1% during the quarter ended December, or ¥1.85 trillion ($14 billion), reducing its total assets to ¥189.9 trillion.
Benchmark 10-year sovereign yields have almost doubled to 0.48% after policymakers raised the cap to 0.50% on Tuesday.
