Tokyo Market Summary: Nikkei Average rebound, dovish Bank of Japan paves the way for further depreciation of the yen, analysts - 160 yen possibility

Top news
Update - [Breaking News] Bank of Japan decides to maintain current monetary policy The yen plummets to 156 yen
The Bank of Japan at the monetary policy meeting held on the 26thMaintaining the current state of monetary policyI decided.No additional interest rate hikesThe guidance target for unsecured call next-day interest rates, which is the policy interest rate, was left unchanged at around 0 to 0.1%. Negative interest rates had just been decided at the previous meeting, and it was as expected by the market. As interest rates are maintained low, the interest rate difference with the United States remains open,Dollars to yen up to 156 yen at one timeThe low price has been updated.
RELATED ARTICLES
Minister of Finance says the depreciation of the yen is “negative” about the Japanese economy
The unstoppable depreciation of the yen rises to 156.20 yen, and the Bank of Japan meeting ends safely without any surprises
The dovish Bank of Japan paves the way for further depreciation of the yen, analysts - 160 yen possibility

Bank of Japan reports 1.9% outlook for fiscal year 26
On the 26th, the Bank of Japan announced the “Outlook for Economic and Price Situation (Outlook Report)” for April. The year-on-year rate of increase in consumer prices (CPI) for 2026, which was compiled for the first time this time, showed 1.9% excluding fresh food, which fluctuates greatly. From 2.4% to 2.8% in fiscal year 24, and from 1.8% to 1.9% in fiscal year 25pull upthat's it.

Toyota reverses during Tesla deceleration and aggressive EV measures in the US and China
$Toyota Motor(7203.JP)$will promote an electric vehicle (EV) strategy in the US and China, which are its main markets. On the 26th, it was announced that EV production will begin in 2026 in Indiana, USA, and expand to 2 local plants. Two new models will be launched in China, and a strategic alliance will be formed with Tencent Holdings (Tencent), a major internet company. Rival major EV company, US $Tesla(TSLA.US)$As business performance slows down, Toyota is taking aggressive measures.
RELATED ARTICLES
Toyota - market increase widens, yen depreciates to 156 yen per dollar, maintains current state of monetary policy

Notable stocks
Denso's net profit for the fiscal year ending 25/3 increased 68% and is strong for HVs
The world's leading auto parts $Denso(6902.JP)$It was announced on the 26th that consolidated net profit (international accounting standards) for the fiscal year ending 2025/3 is expected to increase 68% from the previous fiscal year to 526 billion yen. Record high profits are expected. Automobile production is recovering, but inverters and the like for hybrid vehicles (HVs) are growing steadily.
RELATED ARTICLES
Denso Vice President Will Continue to Promote Reduction in Policy Holdings - Sales of Approximately 125.8 billion yen in the previous fiscal year

Mitsui Fudosan's stock price is one step higher, and the Bank of Japan maintains its current status quo, and there is a sense of security
Real estate stocks have risen one level. $Mitsui Fudosan(8801.JP)$is one step higher. The Bank of Japan decided to maintain the current state of monetary policy at the monetary policy meeting held until the 26th, and did not raise additional interest rates. Prejudice in interest rates has receded, and funds are moving towards real estate stocks from speculation that the sense of caution against refraining from buying real estate stocks due to rising borrowing costs such as property acquisitions or rising mortgage interest rates will ease.

Mitsubishi UFJ - negative backstage transition The Bank of Japan maintained the current state of monetary policy and sold bank stocks
$Mitsubishi UFJ Financial Group(8306.JP)$There was a negative change in the backfield. The fact that the Bank of Japan announced maintaining the current state of monetary policy at noon on the 26th is disgusting. It has been reported in some reports that the Bank of Japan will consider ways to reduce government bond purchases, and today Japan's long-term interest rate has risen to 0.93%. There were also expectations for additional interest rate hikes, but in response to the current policy deferment, sales have appeared on bank stocks.