"A recovery trend on earnings is being seen both in Japan and the U.S. at the moment, boosting markets"
- Hiroichi Nishi, an equities manager at SMBC Nikko Securities Inc.
Japanese stocks gained for the first time in five days after U.S. companies posted better than expected quarterly earnings.
The Nikkei 225 gained 0.98%, or 92.97 points, to 9,561.01. The broader Topix rose 0.69%, or 5.55, to 809.49.
"A recovery trend on earnings is being seen both in Japan and the U.S. at the moment, boosting markets," said Hiroichi Nishi, an equities manager in Tokyo at SMBC Nikko Securities Inc.
"The U.S. economy is still in mild recovery."
© Dukascopy Bank