Market Views: Can soaring Japanese equities go even higher?

Japan’s benchmark Nikkei 225 index closed at a three-decade high on June 2 while another stock market index, the Topix, also soared to a new high not seen since July 1990. Experts are attributing a lot of reasons to the surge in stock markets: new corporate governance rules by the Tokyo Stock Exchange, improving consumption trends, diversification away from China amid rising geopolitical tensions and veteran investors such as Warren Buffett saying he wants to add to his investment…