Japanese stocks are poised to reach new record highs in 2025, driven by corporate governance reforms and robust earnings, according to equities strategists.
After a roller coaster ride last year that saw the 225-issue Nikkei Stock Average and the Topix index surpass peaks that had stood for more than three decades, the gauges are projected to advance by a median 7.8% and 8.6%, respectively, from last year’s close, according to a survey conducted by Bloomberg.
Despite pressure from likely interest-rate hikes from the Bank of Japan and uncertainty caused by Donald Trump’s presidency in the U.S., analysts see better corporate earnings as Japan transitions to a growth economy from a deflationary one.
