{"slug": "japanese-shares-end-higher-on-chip-gains-earnings-outlook", "title": "Japanese shares end higher on chip gains, earnings outlook", "summary": "Japanese shares closed higher on Thursday, with the Topix hitting a record high of 4,176.04, as chip-related stocks tracked US peers higher and a robust earnings outlook lifted sentiment. The Nikkei rose 1.16% to 68,308.59, extending gains to a seventh straight session, with Advantest climbing 4.02%, Ibiden up 5.27%, and Murata Manufacturing jumping 10.25%. Kazuaki Shimada, chief strategist at IwaiCosmo Securities, noted that investors are buying both value and growth stocks, supported by a strong corporate outlook.", "body_md": "# Japanese shares end higher on chip gains, earnings outlook\n\nThe shares extended gains to a seventh straight session\n\n[TOKYO] Japanese shares closed higher on Thursday (Aug 13), with the Topix hitting a record high, as chip-related stocks tracked US peers higher and a robust earnings outlook for local firms lifted sentiment.\n\nThe Nikkei rose 1.16 per cent to 68,308.59, while the broader Topix rose 0.86 per cent to a record high close of 4,176.04, extending gains to a seventh straight session.\n\nThe S&P 500 and the Nasdaq ended higher on Wednesday, lifted by upbeat quarterly results from CoreWeave and other AI infrastructure firms, while mild inflation data reinforced bets that the US Federal Reserve will hold interest rates steady in September. The PHLX Semiconductor Index advanced about 2.5 per cent.\n\n“When the SOX index rises, Japanese chip-related shares follow, and Advantest is the symbol of that today,” said Kazuaki Shimada, chief strategist at IwaiCosmo Securities.\n\nChip-testing equipment maker Advantest climbed 4.02 per cent, while Ibiden, a supplier to AI bellwether Nvidia, was up 5.27 per cent.\n\nMurata Manufacturing, a leading maker of multi-layer ceramic capacitors (MLCCs) used to regulate power in AI servers, jumped 10.25 per cent.\n\n“What is different from previous rallies of Japanese stocks is that investors are buying both value and growth stocks. That is supported by a strong corporate outlook,” Shimada said.\n\nToppan Holdings jumped 10.78 per cent to become the biggest percentage gainer on the Nikkei, after the printing and packaging firm said its first-quarter net profit more than doubled from a year earlier.\n\nBanks, icons for value shares, rose, with Mitsubishi UFJ Financial Group and Mizuho Financial Group up nearly 3 per cent each.\n\nOf all the companies on the Topix, whose fiscal year ends in March, about 18 per cent raised their annual recurring profit forecasts in the first quarter, compared with 2 per cent which downgraded their forecasts, according to Shimada.\n\nOf the more than 1,500 stocks trading on the Tokyo Stock Exchange’s prime market, 64 per cent rose, 32 per cent fell and 3 per cent traded flat. REUTERS\n\nDecoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.\n\nShare with us your feedback on BT's products and services\n\n[TRENDING NOW](/pulse?ref=trending-now)\n\nSingapore at 61: How we can ensure opportunity, security and ownership for the next generation\n\nThe S$1 million National Day paradox: ‘money dysmorphia’ amid a wealth surge\n\nOver 2.4 million adult Singaporeans to get special S$400-S$600 cash payment in September\n\nWhy Asean matters more than ever to the UK and Singapore", "url": "https://wpnews.pro/news/japanese-shares-end-higher-on-chip-gains-earnings-outlook", "canonical_source": "https://www.businesstimes.com.sg/companies-markets/japanese-shares-end-higher-chip-gains-earnings-outlook", "published_at": "2026-08-13 07:53:50+00:00", "updated_at": "2026-08-13 08:06:58.925464+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Topix", "Nikkei", "CoreWeave", "Advantest", "Ibiden", "Nvidia", "Murata Manufacturing", "IwaiCosmo Securities"], "alternates": {"html": "https://wpnews.pro/news/japanese-shares-end-higher-on-chip-gains-earnings-outlook", "markdown": "https://wpnews.pro/news/japanese-shares-end-higher-on-chip-gains-earnings-outlook.md", "text": "https://wpnews.pro/news/japanese-shares-end-higher-on-chip-gains-earnings-outlook.txt", "jsonld": "https://wpnews.pro/news/japanese-shares-end-higher-on-chip-gains-earnings-outlook.jsonld"}}