Toshihiko Matsuno

For Toshihiko Matsuno's latest contributions to The Japan Times, see below:

Business | ON THE FRONT LINE Jul 12, 2002

Nikkei rally flies in face of negative factors

The Nikkei average on the Tokyo Stock Exchange is showing signs of recovery. Although the average temporarily fell to almost 10,000 amid troubles both at home and abroad, it has gradually rallied as businesses appear to be showing unexpected signs of steady recovery, which may ...

Business | ON THE FRONT LINE Jun 14, 2002

Caution, pessimism and uncertainty

The Nikkei average on the Tokyo Stock Exchange has begun to take a downward path. Market participants, in particular foreign investors, are becoming cautious. While investors were earlier buying shares as they tried to assess the prospects of the economy bottoming out and heading for ...

Business | ON THE FRONT LINE May 17, 2002

Skepticism abounds over market direction

Despite signs of economic recovery, doubts remain over the Tokyo stock market's prospects. The government's latest economic report shows that the diffusion index of leading indicators for March stayed well above the boom-or-bust line of 50 for the third month in a row. Indeed, many companies ...

Business | ON THE FRONT LINE Apr 17, 2002

Investors waiting warily to make moves

The Tokyo stock market has been in a wait-and-see mode since the beginning of the fiscal year. Although many are agreed that signs of economic recovery are in sight in Japan, this sort of economic news has already been factored into share prices, and investors ...

Business | ON THE FRONT LINE Mar 15, 2002

Bull run may wane if stock-propping fails

A buying frenzy sent Tokyo share prices forging ahead in recent weeks, lifting the key Nikkei average back above the 11,000 level. The market benchmark leaped roughly 20 percent in just a couple of weeks, a development rarely seen in recent years. The Nikkei average of ...

Business | ON THE FRONT LINE Feb 14, 2002

Investors must beware the tides of March

The specter of hard times toward the March end of the business year looms large. The accelerated disposal of nonperforming loans has forced more companies out of business, leaving more workers unemployed. Foreign investors have remained on the sidelines amid political uncertainty in the wake of ...

Business Jan 11, 2002

Stock surge euphoria may yield to hangover

Although the Tokyo Stock Exchange ushered in 2002 on a positive note, a long lasting surge appears unlikely. The outlook remains bleak for the year ahead and beyond. The trigger for the recent rebound was the back-to-back rise in New York share prices. Investors also took ...

Business | ON THE FRONT LINE Dec 5, 2001

Stock rally may be corporate red herring

A stream of disappointing corporate profit reports has thus far failed to spur extensive selloffs on the Tokyo stock market. But it remains to be seen if this bad news has been factored into share prices. The 225-issue Nikkei average has recouped much of its recent ...