Major domestic securities firms successively revised down their outlooks for Japanese stocks. Daiwa delayed its forecast for the Nikkei average to reach ¥80,000 to the end of 2027, later than its previous forecast.
Major domestic securities firms successively lowered their forecasts for the Nikkei average. In a report, Daiwa Securities delayed its projected timing for the Nikkei average to reach ¥80,000 to the end of 2027, indicating that it would be 1 year later than previously forecast.
Nomura Securities was also reported to have lowered its Nikkei average outlook on the 9th, as doubts about earnings growth led by AI have clouded the outlook. Daiwa forecast that the Nikkei average would update its June 2026 high of ¥72,366 in the first half of 2027.