Japan stocks to rise in 2026, with analysts split on how much: Nikkei poll

Equities

AI, inflation-boosted profits seen driving rally, but views vary on fiscal policy risks

Analysts surveyed by Nikkei all expect Japanese stocks to rise for a fourth straight year in 2026. (Photo by Yuki Kohara)

ERINA SATO and TAKAHISA TAMURA

January 3, 2026 06:45 JST

TOKYO — Japanese equities are set for a fourth straight year of gains in 2026 as corporate profits continue to rise, according to analysts surveyed by Nikkei, but the wide-ranging forecasts reflect varying growth expectations.