In his New Year address, the CEO of Japan Exchange Group, Yamaji Hiromi, expressed optimism for the market outlook in 2025. He began by acknowledging the progress made in the past year since the introduction of the new NISA scheme, noting a shift from savings to investment as the Japanese economy shows signs of moving towards inflation. There has been a growing interest in investment among individuals, prompting JPX to facilitate easier investment through various platforms.

Throughout the year, JPX has taken steps to support these trends, such as initiating discussions on enabling smaller investments and enhancing transparency in trading activities. Companies have responded positively to calls for improved management practices, earning recognition from investors. However, Yamaji emphasized that market reforms are still in their infancy, with the goal of fostering a culture where listed companies actively enhance their long-term corporate value.

Looking ahead, Yamaji highlighted potential risks in the market, including geopolitical tensions and global economic uncertainties. Despite these challenges, the Japanese economy is poised at a crucial juncture, with signs of emerging from a prolonged period of deflation. Stakeholders, both domestic and foreign, have shown support for government initiatives aimed at economic development and market reforms.

Yamaji underscored the importance of ongoing corporate governance reforms and efforts to promote sustainable growth among listed companies. He expressed confidence in a bullish trend for the stock market in 2025, drawing on the symbolism of the Year of the Snake as a time for transformation and growth. He concluded his address with optimism for a prosperous year ahead for the Japanese financial and capital markets.

Yamaji’s message reflects a positive sentiment towards market developments and economic progress in Japan. As the country navigates through challenges and opportunities, stakeholders are poised to drive growth and innovation in the financial sector, setting the stage for a promising year ahead.