Starting with the Nikkei Average rising by 277 yen, business confidence in the manufacturing industry deteriorated for the first time in 4 fiscal years, Bank of Japan Tankan in March

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Will the Bank of Japan's interest rate hike be up to 0.25% in 1 year, and accommodative policies continue - new Chairman of the Bank of Japan Kyodo
The new chairman Fukudome Akihiro (Sumitomo Mitsui Banking Corporation President) of the Japan Bankers Association believes that monetary policy management by the Bank of Japan will continue to be accommodative for a while. On top of that, it was clarified that the policy interest rate hike would be “up to about 0.25% even if there were” in the next year.

The yen exchange rate is “152 yen” above the market alert fluctuation range due to intervention without sudden changes
The market is preparing for exchange intervention by the government and the Bank of Japan. This is because it is approaching 1 dollar = 152 yen, and government officials strengthened the yen depreciation system all at once. Most likely, exchange rate fluctuations, which the Ministry of Finance has emphasized as a reason to justify intervention, have been suppressed at the moment. There is speculation that the government places more importance on the level of 152 yen as a “line of defense” rather than the fluctuation range.

Business confidence in the manufacturing industry deteriorates for the first time in 4 fiscal years, Bank of Japan short view in March
According to the March Nationwide Enterprise Short-Term Economic Observation Survey (Tankan) announced by the Bank of Japan on the 1st, the business condition judgment index (DI) showing business confidence in the large enterprise manufacturing industry deteriorated 2 points from the previous 2023/12 survey (plus 13) to plus 11. This is the first time it has worsened in 4 periods.

Rakuten Group - Buying Sentiment to Reorganize Financial Business with Banks, Securities, and Cards = Nikkei
$Rakuten Group(4755.JP)$It's a buying trend. Multiple media reported on the 1st that the company had solidified a policy to reorganize its financial subsidiaries. According to an article in the electronic edition of the Nihon Keizai Shimbun on the same day, the one that is being listed around October $Rakuten Bank(5838.JP)$Also, let's combine Rakuten Cards and Rakuten Securities into one group.

Dai-ichi Life establishes a new mid-term plan aiming for revised profit of 400 billion yen for fiscal year 26
$Dai-ichi Life Holdings(8750.JP)$Continued growth. The company announced on the 29th that it has formulated a medium-term management plan with a planning period of 3 years from 2024 to 2026.