Japan's shares extended previous gains on Friday on positive headlines from the Eurozone. Spanish and Italy's bond yields fell from record-highs after Mario Draghi reassured investors that the Euro will be preserved. Demand for risker assets was also bolstered by expectations for easing measures worldwide. Nissan erased previous losses caused by disappointing earnings report release on Thursday. Shares of Nissan rose 2.83% on Friday. Other automakers also followed an upward trend, with Honda and Toyota advancing 3.8% and 2.6%. Meanwhile, Canon added 1.94% after plunging more than 7% at the previous session as Eurozone's woes echoed in earnings. JFE Holdings jumped 7.06% as poor earnings failed to disappoint investors who have already priced in dismal quarterly results.