President Putin spoke mostly on economic issues, especially on IT-related investment and environment technology cooperation, as well as on energy and natural resources development. Japan's investment could rise if legal structure and taxation rules will be established.
As corporate performance improves and issue of rising dividends arises, investors are finding Japanese company stocks fairly reasonable. The stock price could therefore climb further. I don't believe that this is a stock bubble because of strong corporate performance. Both internal and external demands are strong, and I find no negative materials.
If Japan is to rely on its high-tech industry towards future development, the government must keep tax incentives in this area. This is the reason behind Keidanren's tax reform proposals.
The government and the Bank of Japan should exchange views, and the Bank of Japan should make decisions when necessary.
It is regrettable. The issue is on how to reform regulation, not to relax it without giving due consideration on safety. The government should place more importance on revising old regulations to meet the modern needs.