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.

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.

I think businesses live longer that are on the stock market.

I think the market is very underweight Telstra stock.

The Japanese stock market is like a lamb or rabbit in a pack of wolves. It is very dangerous. Unless someone acts, things don't get corrected.