Pictet Japan's Head of Investment Strategy, Tanaka Junpei (田中 純平), said he expects the Nikkei Stock Average to rise to ¥75,000 by the end of March 2027. He said the recent sharp correction was driven by concerns over excessive investment related to AI, and pointed to the possibility of the market returning to an upward trend.
The Nikkei Stock Average is reported to be turning higher after a sharp correction, with attention focused on its future direction. Tanaka Junpei (田中 純平) is closely watching developments as the market reaches a potential turning point.
As his outlook through the end of fiscal 2026, Tanaka Junpei (田中 純平) expects the Nikkei Stock Average to rise to ¥75,000 by the end of March 2027. He views concerns over excessive investment in the AI industry as the backdrop to the current correction.
With some expecting demand for the AI industry to pick up again following earnings announcements from hyperscalers, trends in AI-related demand could support a market recovery.