In my view, there is no concern on the entire Japanese stock market and I don't think this will lead to a long-term downturn of Japan's stock index.

My favorite is Sumitomo Metal. They have a good seamless pipe technology. I was wondering about 5 to 7 years ago why this had not been evaluated in the market. They are finally collecting the fruit of this technology.

This year the risk for investors lies in holding bonds, not stocks.

Sony should concentrate on games, movies and music and software businesses rather than hardware businesses. I'm not quite sure about their concentrating on flat-panel TVs because this is a very competitive market.

Yields aren't high enough to entice investors. I see little reason to buy bonds as stocks are looking bullish and the economy is on a recovery track.

Consumer prices are increasing and that will give Fukui confidence to change policy. We are gradually reducing our bond holdings.

I'm speechless. What can you say when you can't trust a company's statements or the exchange's trading system.