The Nikkei Average opened ¥164.71 higher, with shares including Taiyo Yuden and MonotaRO extending their gains. Buying led the market despite concerns over lower U.S. stocks and semiconductor-related risks. Keep to approximately 80–120 characters and state facts only. Numerical information in the text serves as the supporting source.
The Nikkei Average opened ¥164.71 higher at ¥67,942.23. The Dow and Nasdaq had both closed lower the previous day, while caution over semiconductor-related and AI-related stocks spread across the market. News that a Chinese memory semiconductor manufacturer planned to launch new products fueled concerns over intensifying competition, leading investors to hold back on purchases.
In the Tokyo market, investors sought to buy on dips and capture a technical rebound following the declines through the previous day. There were also expectations that the weaker yen and stronger dollar trend would support export-related stocks. The yen-denominated settlement price for Chicago Nikkei 225 futures exceeded the daytime closing price on the Osaka Exchange, which also provided support for share prices.
By sector, nonferrous metals, pulp and paper, oil and coal products, mining, and electrical products rose, while precision instruments, pharmaceuticals, banks, securities, and air transportation declined. Stocks that rose included Taiyo Yuden, MonotaRO, Fujikura, Ibiden, Meiko Electronics, Rorze, SoftBank Group, Sumitomo Chemical, Lasertec, Kioxia Holdings, Sumitomo Electric Industries, Furukawa Electric, Disco, and Asics. Decliners included Olympus, AEON, Terumo, J. Front Retailing, Mercari, Daiichi Sankyo, Mizuho Financial Group, Sumitomo Mitsui Trust Holdings, and Japan Post Bank.