• USDJPY up to 97 from 92 prev
  • EURJPY up to 130 from 122 prev

In line with the Nissan changes announced last week

Toyota’s increased profits forecast earlier ( JPY 2.2 trln vs 1.94 trln) is cited as the main reason for the Nikkei’s rally off the lows today

Add:

Now reading of other Japanese companies’ projections/budget forecasts for the same period

  • Honda USDJPY 97 vs 96 EURJPY 127 vs 126
  • Sony 100 and 130 as prev
  • Nintendo 90 and 120 as prev