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"The yen's strength is taking a pause, boosting exporter stocks and fueling confidence"
- Naoki Fujiwara, a fund manager at Shinkin Asset Management Co.
Japanese stocks rose on Monday after strong Black Friday sales in the U.S. The Nikkei 225 edged higher 1.56%, or 127.48 points, to 8,287.49, while the broader Topix rose 1.29%, or 9.10 points, to 715.70.
The Black Friday sales proved the U.S. is "in a mild recovery, and consumer purchasing power isn't something to be pessimistic about," said Naoki Fujiwara, a fund manager at Shinkin Asset Management Co. in Tokyo.
"The yen's strength is taking a pause, boosting exporter stocks and fuelling confidence."