November 16, 2025 08:00 PM GMT 2026 Japan Equity Strategy Outlook M Japan Insight Rising Sun, Roaring Bull – Japan Is Back We expect TOPIX to test a high of 3,600 points by end-2026. If expansionary fiscal policy is signaled as Japan's fiscal balance returns to equilibrium and moves toward improvement, further upside is possible. Key Takeaways In Japan, as expected inflation gradually approaches 2% from a state clearly below 2% and economic slack steadily narrows, the path is opening toward a world of growt ...