The stock had been gaining in the days leading up to the business plan, but it still doesn't warrant a buy.
More Quotes from Hiroichi Nishi:
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,Hiroichi Nishi
Weak factors abound for Tokyo. New York was softer, we've got this Taisei news, and we are heading into the three-day weekend.
Hiroichi Nishi
This, along with other negative factors, helped spark a flurry of selling by retail investors here, who had earlier bought shares actively.
Hiroichi Nishi
Movements have been small as the market plays wait-and-see with U.S. stocks.
Hiroichi Nishi
The sentiment seen late last week was carried over and the market was on a recovery track.
Hiroichi Nishi
The broader market will probably struggle to make any headway today. Investors are likely to focus on companies raising dividends and pick up their shares.
Hiroichi Nishi
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