SoftBank's recent AI narrative indeed boosted the Nikkei to new highs, but right after breaking 67,000 points, it encountered a rate hike by the central bank. If there's an 88% probability of landing, will liquidity tightening cause the story to fall apart? Nomura is half convinced by the 70,000 target scenario; I'll wait 15 days for the interest rate decision to verify.

The Japanese stock market strengthened after the bubble burst, led by SoftBank, with SoftBank's market value reaching approximately 46 trillion yen, surpassing Toyota to become Japan's most valuable company. The AI investment boom has now reached Japan. After breaking through 67,000 points, the Nikkei 225 will face the Bank of Japan's interest rate decision in 15 days, with the market estimating an 88% chance of a rate hike. Nomura expects the Nikkei 225 to reach 68,000 points by the end of 2026, and possibly rise to 70,000 points the following year.