Upward revisions have come in succession in the interim results season, highlighting the resilience of Japanese companies' earnings power, while the Nikkei 225 has been treading water in the 60,000 range. The market outlook is uncertain amid developments in US semiconductors and the resignation of NVIDIA's CEO, and tonight's NIKKEI NEWS NEXT will look for a new market leader.
Upward revisions have come in succession in the interim results season, highlighting the resilience of Japanese companies' earnings power. Nevertheless, the Nikkei 225 continues to tread water in the 60,000 range, and the recovery of technology stocks that had led the market is not yet in sight.
Kawai Tatsunori (河合 達憲), chief strategist at Mitsubishi UFJ Morgan Stanley Securities, will appear as a guest on tonight's BS TV Tokyo program "NIKKEI NEWS NEXT" to explore what could become the Nikkei 225's new market leader.
In "Walking Japan," which uncovers the attractions and ties of local communities, the program visits a long-established hot-spring hotel in Oku-Nikko, Tochigi Prefecture. Editorial Committee Member Ishinabe Hitomi (石鍋 仁美) explains how the hotel is transforming itself into an experiential destination offering an escape from everyday life.