“We expect to see some acceleration in recovery in areas like downtown Tokyo. This seems like a sensible time for strong-balance-sheet real estate companies to take what could be a golden opportunity.”
“From a symbolic perspective, this is a very important election for Japan as a victory for Koizumi and the coalition would be the most powerful signal yet that the economic model in Japan will change. Ultimately the economic cycle will prove a more significant driver of share prices.”
“My biggest concern is that this is just the tip of the iceberg. If it does turn out to be a widespread problem, then you will get a widespread loss of confidence by consumers.”
“Mitsubishi UFJ is aware it lacks investment-banking scale and is trying hard to grow, ... If this doesn't meet expectations, I would not be surprised if they decided to go down the acquisition trail.”
“There is little difference between the philosophies of the government and the opposition. If the market was weak on a DPJ victory, this may be seen as a buying opportunity.”
“Mitsubishi UFJ is aware it lacks investment-banking scale and is trying hard to grow. If this doesn't meet expectations, I would not be surprised if they decided to go down the acquisition trail.”
