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Toyota, Hitachi return around 100% in one year. Is Japan finally out of the woods?

Toyota, Hitachi return around 100% in one year. Is Japan finally out of the woods?
Toyota, Hitachi return around 100% in one year. Is Japan finally out of the woods?
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Synopsis

On March 19, Bank of Japan ended its era of negative interest rates. This is seen as an essential to bring the consumer price inflation back to the 2% target. It seems a virtuous cycle is now in place in the Japanese landscape where economic expansion is aiding stock market heft, and investors are loving it.

The sun is shining brighter on the Japanese market. In fact, the country’s stock market is poised to rise even higher as it sheds its zero-interest-rate regime and moves towards an inflationary environment. On March 4, 2024, the Japanese Nikki 225 Index closed above 40,000 — a record high after being subdued for 34 years. Over the past year, the index has gained 49%. And there are two specific reasons for this. Japan is shedding its
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The Economic Times