Japan`s Nikkei rises as SoftBank Group trims losses; Topix hits new high
Wednesday, November 12, 2025       14:42 WIB

Nov 12, 2025, 14:37 GMT+7
By Junko Fujita
Reuters - Japan's Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader Topix to close at a fresh high on a robust annual profit forecast.
The Nikkeiclosed 0.43% higher at 51,063.31 in choppy trade. The broader Topixjumped 1.14% to a record high close of 3,359.33.
SoftBank Groupended 3.46% lower, after falling 10%, as the technology investor disclosed its sale of Nvidiastake for $5.8 billion.
Heavyweight chip-related shares fell, with Advantestand Tokyo Electrondown 0.23% and 1.55%, respectively.
"SoftBank Group pared losses, while investors bought stocks across various sectors, which helped the Nikkei to end higher," said Shota Sando, market analyst at Tokai Tokyo Intelligence Laboratory.
TDK, maker of electronic components, jumped 4.92% to become the biggest source of the Nikkei's gains, while drugmaker Chugai Pharmaceuticalrose 4.37%.
Mitsui Kinzoku, a maker of materials for AI-data centres, surged 23.27% after raising its annual profit forecast by 75%.
"The optimism surrounding artificial intelligence-related shares is still alive as investors scooped up AI-related shares with strong outlook," said Hitoshi Asaoka, chief strategist at Asset Management One.
Sonyrose 3.67% after the game and audio equipment maker raised its operating profit forecast for the year ending March 2026 by 8%.
Bank shares rose, with Mitsubishi Financial Groupand Sumitomo Mitsui Financial Groupgaining 3.38% and 1.95%, respectively.
Of the more than 1,600 stocks trading on the Tokyo Stock Exchange's prime market, 78% rose, 19% fell and 2% traded flat.
Sumcotanked 20.16% to become the biggest percentage loser on the Nikkei, after the silicon producer forecast a 16.9 billion yen annual net loss, bigger than analysts' expectations of a 5.2 billion yen loss.

Sumber : Reuters