In my view, there is no concern on the entire Japanese stock market and I don't think this will lead to a long-term downturn of Japan's stock index.
More Quotes from Yuuki Sakurai:
My favorite is Sumitomo Metal. They have a good seamless pipe technology. I was wondering about 5 to 7 years ago why this had not been evaluated in the market. They are finally collecting the fruit of this technology.Yuuki Sakurai
Sony should concentrate on games, movies and music and software businesses rather than hardware businesses. I'm not quite sure about their concentrating on flat-panel TVs because this is a very competitive market.
Yuuki Sakurai
We'll probably hold off buying Treasuries and other overseas bonds this month, and may resume our investment in April or after.
Yuuki Sakurai
Consumer prices are increasing and that will give Fukui confidence to change policy. We are gradually reducing our bond holdings.
Yuuki Sakurai
Going after the higher-end market is absolutely necessary in order to secure profit growth.
Yuuki Sakurai
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