Market Overview - The Nikkei 225 index rose, surpassing the 48,300 points mark, closing at 48,325.95 points with a daily increase of 1.24% [4][5] - The 10-year Japanese government bond yield decreased to 1.69%, down by 0.008 [6] Economic Forecasts - Major Japanese brokerages have raised their year-end target for the Nikkei 225 index, anticipating that the election of Fumio Kishida as the president of the Liberal Democratic Party will lead to large-scale stimulus measures, driving the stock market to new highs [7] - Nomura Securities has increased its year-end target for the Nikkei 225 index by at least 10%, citing expected corporate profit growth from stimulus policies under Kishida's leadership [7] - Daiwa Securities raised its year-end target from 44,000 points to 49,000 points, with a possibility of reaching 50,000 points within the year [7] - SMBC Nikko Securities adjusted its year-end target from 45,000 points to 47,000 points, highlighting next-generation energy technology, cybersecurity, and defense as key benefiting sectors under Kishida's leadership [8] Company News - SoftBank Group's stock surged by 9.44% following the announcement of its agreement to acquire ABB's robotics business for $5.375 billion [10][11] - The acquisition has been approved by SoftBank's board and is pending regulatory approvals in the EU, China, and the US, with an expected completion date between mid-2026 and the end of 2026 [11] - ABB's robotics division, which employs approximately 7,000 people, is projected to generate $2.3 billion in revenue in 2024, accounting for 7% of ABB's total revenue [11]