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As the end of the long Japanese Golden Week holidays approaches, several positive triggers for Japanese equities are coming into sight. On the domestic front, the key standout is the full fiscal year 2018 corporate results season over the coming three weeks, which, in our view, is likely to mark the end of the earnings revisions down cycle that started last October. On the international front, the full state visit by President Trump to Japan scheduled for May 25-28 is very likely to bring the successful resolution of a U.S.-Japan bilateral trade