Sony's higher forecast is a positive signal that the restructuring and efforts to improve finances and other reforms are leading to results. It's a turning point.
More Quotes from Shigemi Nonaka:
Honda, which achieved profit increases amid higher fuel prices and U.S. interest rates, will become even more popular following the stock split.Shigemi Nonaka
There are also expectations that oil prices will remain high for some time, and that also could be boosting its popularity.
Shigemi Nonaka
Firms that you can hold on to without worrying are seeing some buying ... Sony, Toyota and Canon are worry-free, and a lot of investment trusts are designed to include those kind of stocks.
Shigemi Nonaka
It's a turning point. Sony's higher forecast is a positive signal that the restructuring and efforts to improve finances and other reforms are leading to results.
Shigemi Nonaka
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