The Nikkei average rose 0.9 percent on Tuesday, buoyed by exporters such as Advantest Corp (6857.T: Quote, Profile, Research) after Friday's record-setting rally on Wall Street and on a softer yen, while Toray Industries Inc (3402.T: Quote, Profile, Research) jumped on news it plans to begin mass production of carbon fiber auto parts.
Japanese markets were closed on Monday for a national holiday.
Shares of Softbank Corp (9984.T: Quote, Profile, Research) climbed after Japan's smallest mobile phone carrier won most users last month, while Olympus Corp (7733.T: Quote, Profile, Research) gained on a report it had probably beaten its own earnings forecast.
"Exporters are leading gains as the better-than-expected U.S. jobs data eased concerns about fallout from the subprime problems. The softening yen is also supporting the advances," said Hiroaki Kuramochi, managing director at Bear Stearns.
"But the market is not likely to keep rising as it lacks domestic trading factors. It needs to watch external factors such as U.S. stock moves and the currency."
Yutaka Miura, deputy manager of the equity information department at Shinko Securities, said investors are likely to take a wait-and-see attitude as concerns about the U.S. economic slowdown had not been completely wiped out.TOKYO (Reuters) -
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