Yoshihisa Okamoto Quotations

We are possibly facing one of the worst periods, with profit warnings likely to come out some more, and banks and corporations are stepping up unloading of cross-held shares into September,

Watching big-name high-techs revise down multiple times is very discouraging,

We're seeing some investors testing the tech waters, but the urge to sell after slight rises is extremely strong. This trend is unlikely to change soon given uncertainty over the high-tech profit outlook.

We're seeing massive buying in bank stocks on the back of economic optimism. What we need to see is this sort of targeted buying of lenders spreading to other industries. With that we will have further sustainable gains.

Machinery makers are enjoying steady increases in their production. Japan's strong economy is boosting domestic demand.

Share prices for property stocks are high and it's getting difficult to push them higher. Semiconductor demand is picking up and Japanese chip-related companies, as global players, will benefit.

Semiconductor demand is picking up. Chip-related companies, as global players, will benefit.

Japan's economy is clearly recovering and in response to the strengthened yen, investors are shifting money into domestic demand-related stocks that benefit from the country's economic expansion.

We have been witnessing how the currency move is boosting exporters' profits. Buying momentum is quite strong, stimulated by robust earnings.

Without decisive policy action by the government, the 11,000 will be just a passing point.

The operating environment is good for Toyota right now.

The trend is towards a stronger yen for a while. That direction strengthens concerns over exporters' earnings prospects.

The trend is toward a stronger yen for a while. That direction strengthens concerns over exporters' earnings prospects.

The Tokyo market has risen too far too fast, so it's reasonable to take a breather. A set-back in overseas markets gave a cue for the selling.

Domestic-demand related stocks will lead the market on speculation consumer prices may finally gain.

It's simply that there was too much of a gain in too short a period of time. Investors are looking for any pointers to get out of the market for now.

That has definitely had an impact on the market. It relieved some concern -- that was the one thing everyone had been most worried about.

The merger will have a big impact on retailers. This will likely trigger consolidation within the industry, helping to drive profitability at retailers higher.

Buying momentum is quite strong, stimulated by robust earnings. We have been witnessing how the currency move is boosting exporters' profits.

The currency move is boosting exporters' profits. Buying momentum is quite strong, stimulated by robust earnings.

The market has run up too far, too fast. But it's been showing resilience (to profit-taking). Selling has been mounting up on recent gainers such as banks and steels, but they seem to be holding up fairly well,