The core nationwide CPI emerged largely in line with market consensus forecast, so market's initial reaction appeared to be generally limited. There's no fundamental reason to actively sell shares below the 15,700 mark.
Investors are more confident about buying domestic demand- related shares after the report. The market took higher prices positively as the market's momentum continues to rise.
The downward spiral that plagued Sony seems to have ended, the question is how far the rebound will go. If the recovery is real, the shares will continue to rise to 7,000 yen or 8,000 yen.
The fundamentals in Japan are favorable. We can expect shares to rise higher.