25 Quotes by Norihiro Fujito

Local investors got a lift after data showed that foreign investors almost doubled their net purchases of stocks here last week.

The accounting problems in the U.S. seem to have crossed a significant hurdle on Wednesday, and the external pressures on the Japanese market in general have probably peaked.

We'll probably start the week lower. The jobs report was very strong.

The scenario of a double-dip recession in the United States has receded in recent weeks but the industrial production data show that Japan is looking very vulnerable should that view prove too optimistic,

Sony's results led the market today. The surprisingly upbeat numbers gave the market its strong upward impetus, raising hopes for better-than-expected results from other companies.

Speculation that some mutual funds here would pour 150 billion yen into equities also encouraged some speculators to buy shares in a thin trading session.

They have actively poured their money into blue-chip companies here such as Honda, Toyota, Matsushita Electric and Canon.

The yen's pullback against the dollar appeared to prompt some investors to chase bargains in the high-technology sector.

It is understandable that foreigners want to take profits for now.