Japanese Electronics Makers Raise Outlook
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Japanese electronics makers Toshiba Corp. and Hitachi Ltd. raised their earnings outlooks for the fiscal first half Friday on rising global demand for electronics products.
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Japanese stocks rose 1.9 percent by midsession on Monday as a strong performance by US semiconductor-related stocks gave a push to Japanese peers such as Advantest Corp.
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The Japanese stock market rose on Friday after US indices climbed to record highs overnight. But the advance of the Japanese market was limited by falls in the consumer finance and mobile telecommunications sectors.
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The electronic products maker said Thursday that its net income in the third quarter rose 25 percent to 200.2 billion yen ($1.9 billion).
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Japanese stocks edged up by Wednesday  afternoon, led by gains in firms like Mitsubishi Electric  Corp., as solid earnings at some U.S. technology companies  soothed worries about the sector's outlook.
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A stronger-than-expected reading on Japanese machinery orders pushed up machinery stocks such as industrial robot maker Fanuc Ltd. on Monday, sending the Nikkei average 0.55 percent higher.
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The Nikkei rose 0.38 percent on Tuesday  as another jump in U.S. tech shares lured foreign investors to  their Japanese peers and other exporters such as Honda, while  earnings optimism again buoyed some miners.
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Shares of Honda Motor Co., Japan&#39;s third-largest automaker, may gain after the company raised its full-year earnings forecast based on a weaker-than expected yen and as it plans to boost its return to shareholders ``mid-term.
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Tokyo stocks rose by mid-morning on  Monday with a broad range of issues getting a lift from a key  survey that boosted optimism on Japan's economic outlook, with  expectations rising that growth figures will be revised up.
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Japanese games giant Nintendo raises its financial outlook for the fiscal year, after robust sales of its DS console.
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Tokyo stocks rose by midday on Thursday as optimism over the domestic economic outlook lifted firms such as Honda Motor Co., although gains were capped as technology firms followed their U.S. peers down.
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Capacity at Japanese plant to increase 7.5% to meet demand from digital camera, cell phone makers. TOKYO  - Toshiba Corp.
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A stronger-than-expected reading on  Japanese machinery orders pushed up machinery stocks such as  industrial robot maker Fanuc Ltd. on Monday, sending the Nikkei  average 0.55 percent higher.
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Japan&#39;s stock benchmarks rose. KDDI Corp. and Nippon Telegraph &amp; Telephone Corp. gained as Deutsche Bank AG said profits in the telecommunications industry have benefited from a recovery in the world&#39;s second-largest economy.
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Tokyo's Nikkei average climbed for a  third straight day on Thursday, rising over one percent as a  rally in New York boosted tech issues such as Toshiba Corp and  Shin-Etsu Chemical
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Tokyo's Nikkei rose 0.3 percent by midday  on Tuesday as another jump in U.S. technology shares fueled  buying of local peers such as Tokyo Electron Ltd. and earnings  optimism again buoyed some miners.
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Japanese stocks rose by Monday afternoon as the cheer over robust machinery orders data spilled over into a second session, boosting optimism over the economy and pushing up real estate firms such as Mitsubishi Estate Co.