Japan Equity Strategy Market Explorer 2026 outlook: Bull market continues, 60,000 high for the Nikkei CITI'S TAKE We expect Japanese equities to continue to rise in 2026 and forecast annual highs of 4,000 for TOPIX and 60,000 for the Nikkei 225. We expect an ongoing pattern of stock selection focused on polarization and momentum and expects themes and corporate action rise in importance. We are overweight on the energy, capital goods/services, and real estate sectors. Reiterating our bullish stance for 2006 ...