Fuji Photo's plan symbolizes an end to the film camera era. The digitalization of the camera industry occurred at much faster pace than I expected. Reorganization will be a painful process for Fuji Photo.

Hiroshi Chano

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For overseas investors, who bought large volumes of stocks last year, Japanese equities are no longer cheap.

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The highly anticipated first trade went off without a hitch, and that eased investor concerns. The exchange is coping well with orders.

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