Tokyo stocks have closed 1.17 per cent higher, tracking Wall Street's gains on solid US economic data, but Sharp and Panasonic fell after warning of huge full-year losses.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange on Friday closed up 104.35 points to 9,051.22, while the broader Topix index of all first-section shares rose 1.18 per cent, or 8.77 points, to 752.09.
Tokyo stocks benefited from a weaker yen and mostly solid US economic data.
"The market is gaining on positive US economic-related data and the solidly cheaper yen," said Okasan Securities strategist Hideyuki Ishiguro.
"Markets should be able to see some measure of extra relief after the US presidential election is settled next week as well," he told Dow Jones Newswires.
Some buoyant data on consumer confidence and the manufacturing sector gave Wall Street a solid bump on Thursday after the previous day's flat reopening following a shutdown in the wake of Hurricane Sandy.
The Dow Jones Industrial Average finished 1.04 per cent higher at 13,232.62.
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)