Hiroichi Nishi Tokyo Quotations

Large-cap, low-priced issues are under the spotlight now that long-term bond yields are falling. That made Tokyo Gas's annual yield of 1.3 percent and Tokyo Electric's 2.0 percent yield look relatively attractive,

Key U.S. monthly jobs data, due later in the day, a three-day weekend and concerns that the Tokyo market has gone too far too fast are expected to encourage investors to take profits.

The latest data showing that land prices in Tokyo rose for the first time in 15 years has renewed confidence about Japan getting out of a soft patch. There are structural changes to draw in more money.