Analyst: Extreme panic sentiment in Japanese stocks is subsiding, multiple sectors indicate confidence is returning

Golden Ten Data reported on April 3 that Masahiro Ichikawa, a strategist at Sumitomo Mitsui, stated that Tokyo stock market indicators show investor sentiment remains cautious, but the extremely cautious mood has started to ease since late March. Ichikawa pointed out that, for example, compared with the time when the Middle East conflict first broke out, more industries saw stock prices rise in late March. He believes: "Unless the conflict escalates significantly—for example, if the US launches ground operations or large-scale attacks on energy infrastructure occur—it is expected that the bottom of the Nikkei Average Index will gradually stabilize."