At closing bell, the 225-issue Nikkei Stock Average advanced 143.56 points, or 0.54%, to 26,668.35. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 9.06 points, or 0.51%, to 1,774.27.
The major exporters were mostly rising on a weaker yen. Canon was higher by more than 1%, meanwhile Panasonic rose almost 1% and Mitsubishi Electric added 0.7%. Among automakers, Honda gained more than 1% and Toyota was up almost 1%. In the banking sector, Sumitomo Mitsui Financial added more than 2% and Mitsubishi UFJ Financial rose more than 1%.
Aeon rose 3.5% to a record high after the retailer revised its earnings outlook higher for the year to February, as consumer confidence picked up after a coronavirus-induced slump.
Heavy machinery firms gained after reports that Japan's new zero emission strategy would target a massive increase in offshore wind power. IHI rose 5.9% and Kawasaki Heavy gained 3.4%.
On the other hand, Hino Motors tumbled 12.4% after the truck maker said it would suspend production at two factories in North America until next September due to problems in U.S. engine certification testing process.
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SoftBank Group dropped 1.7% after China launched an investigation into Alibaba Group for suspected monopolistic behaviour and will summon its Ant Group to meet in coming days.
CURRENCY NEWS: The Japanese yen traded at 103.57 per dollar, off levels below 103.2 against the greenback seen last week.
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