Japan's Nikkei share average jumped to a five-week high on Thursday as investors took heart from news about the world's largest pension fund's allocation plan, and as a weaker yen boosted shares of exporters.
The Nikkei ended 1.6% higher to 15,134.75, the highest close since January 29.
The Topix rose 1.3% to 1,228.36, with 32 of its 33 subsectors in positive territory.
The JPX-Nikkei Index 400, an index launched this year comprising firms with high return on equity and strong corporate governance, advanced 1.2% to 11,113.92.
An advisory panel to the Government Pension Investment Fund said that GPIF need not stick to a "domestic-bond-centric portfolio" when the country is moving out of deflation.