Hiroshi Arano

For the Nikkei to go up further, gains need to become more broad-based.

For the Nikkei to go up further, gains need to become more broad-based.

I see levels below 17,500 as very attractive for bargain-hunting.

I see levels below 17,500 as very attractive for bargain-hunting.

Worldwide, inflation is going to be the big story next year. For Japan, that's going to be a big positive.

Worldwide, inflation is going to be the big story next year. For Japan, that's going to be a big positive.

The recent loss in Tokyo was triggered by factors like the reshuffle of the Nikkei components and tumbles in U.S. read more

The recent loss in Tokyo was triggered by factors like the reshuffle of the Nikkei components and tumbles in U.S. shares. It has nothing to do with economic fundamentals in Japan, which have not worsened at all.

Swings in U.S. stocks always hit here hard, but lingering concern about the health of Japan's banking system is the read more

Swings in U.S. stocks always hit here hard, but lingering concern about the health of Japan's banking system is the main factor weighing heavy.