Japan Stocks Close Up as Nvidia Results Offset by Uncertainty Over China Business
Thursday, August 28, 2025       14:16 WIB

Published on 08/28/2025 at 03:01 am EDT
(MT Newswires) -- Japanese shares closed higher on Thursday, lifted by Nvidia's strong earnings but capped by concerns over its China business.
The Nikkei 225 rose 0.73%, or 308.52 points, to end at 42,828.79.
Nvidia left China sales out of its forecast as U.S.-China trade tensions cloud its business outlook, tempering otherwise strong results.
The omission raised investor concerns over growth in a key market, sending its shares down 3.2% in after-hours trading and wiping about $110 billion in market value.
In economic updates, Bank of Japan board member Junko Nakagawa warned that U.S. tariff uncertainty poses risks to Japan and the global economy. She said exports and production face near-term pressure, with corporate profits, especially in manufacturing, likely to dip.
The September Tankan survey will be key for gauging sentiment. The BOJ still projects 0.6% GDP growth in fiscal 2025, with inflation above target, supported by wages and food prices.
On the corporate front, TK Co. amended its tender offer filing for Topcon after securing all regulatory clearances, extending the offer period to 31 business days and setting Sept. 30 as the record date for a planned November shareholder meeting.
Japan Postbought back 89.4 million shares worth 132.1 billion yen via ToSTNeT-3, part of its 250 billion yen repurchase program running through March 2026.
Ateam said it now meets TSE Prime Market listing rules, with tradable market cap rising to 13.9 billion yen and shareholders to 11,667, driven by profit-focused reforms, buybacks, and a new shareholder benefit plan.

Sumber : MT Newswires