Low rates have supported equities globally, so investors are concerned interest rates will rise further.
The allegations, whether they are true or not, cast doubt among investors on the quick-growth business model of net-related companies, which will have a big impact on their shares.
There is some concern that banks' earnings momentum will slow, so some investors have been shifting out of their shares.
It's a buying opportunity, especially after the recent sell-off, which was driven mainly by individuals. In Japan, investors are expecting strong economic growth figures later this week.
Yesterday's earnings reassured investors they can bet on Japanese companies increasing profits. Many companies will report solid earnings, supported by the country's economic growth.
Yesterday I think Softbank gained as investors saw this as part of its new growth strategy. But I think the price of the purchase is very much at a premium.
The Japanese economy is getting better and better all the time and that's why international investors have favored Japanese stocks.
The Japanese economy, as the approval of foreign investors has been showing, has undoubtedly improved.