I wouldn't be so confident in that - hyperinflation has often followed deflation, and Japan is stuck between a rock and a hard place. Their economy is in contraction again now - what happens as their population has begun selling bonds as they are going into retirement? What happens when their own population loses faith in the JGB? I would not buy Japanese government bonds today....would you?
This is not an expanding economy with a 200%+ debt/GDP...it is a contracting one, which makes their high debt levels all the worse.
deflation will make the yen appreciate...probably don't want to short it unless their fight against deflation causes hyperinflation and completely levels the yen.
see Japan Times
"Such an assessment could be completed in a year, meaning Kashiwazaki could be approved to begin operations by the end of 2015, Klein said, noting that the pace would depend on the NRA."
Apparently report that net profit would triple was bogus (or rather, TEPCO is not sure), but Abe-backed candidate won Fukushima elections. I'm guessing that's why the stock is rallying.
nothing material has happened/changed since $4.25.
if anything as you said, cheaper oil + a recently strengthened yen help all the Japanese nuke utilities
I'm actually impressed with your ability to post up-to-date news on TEPCO. Greatly appreciated.
With that being said, the Kashiwazaki-Kariwa plant is what really matters most.
If the reactors get restarted, they won't need to import all those fossil fuels. I assume that's what you were getting at. Besides, japan is primarily an export based economy
only issue is the time...if it takes 7 years for it to go 300-400%, it will erode the annualized gains unfortunately. i wish i had sold at least half my stake when it hit $8 last year. $1.55 - $8 in 6 months, shoulda known better haha.