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Tokyo stocks rise in morning session, supported by strong earnings reports

Wed May 13, 2026 11:48 am JST Market

The Nikkei 225 ended the morning session on May 13 up 187.63 yen at 62,930.20, extending its gains. Trading volume on the Prime Market approximated 1,295.31 million shares, with turnover reaching approximately 5,267.6 billion yen. Advancers led decliners 1,024 to 496, with 51 issues unchanged.

In the Tokyo market, stocks initially faced selling pressure before the Nikkei recovered. The TOPIX opened slightly lower but soon turned higher, outperforming the Nikkei. While a sell-off in U.S. chip stocks weighed on major Japanese semiconductor names, the market found support as investors shifted capital toward companies that reported strong earnings. Value stocks, including trading houses and automakers, demonstrated relative strength. Turnover remained high, exceeding 5 trillion yen by the morning close.

Among individual stocks, Kioxia Holdings <285A> surged on the highest turnover, while Furukawa Electric <5801> jumped sharply. Sony Group <6758>, Ibiden <4062>, and Mitsubishi Heavy Industries <7011> all traded higher. Mitsui Mining & Smelting <5706> and Mitsubishi Corp <8058> also drew buying interest. Tokyo Energy & Systems <1945> topped the percentage gainers, followed by rallies in Nippon Kayaku <4272>, Kakaku.com <2371>, and Olympus <7733>. Conversely, JX Advanced Metals <5016> declined, and semiconductor equipment makers such as Advantest <6857>, Lasertec <6920>, and Tokyo Electron <8035> faced selling pressure. Osaki Electric <6644> plunged, and Nidec <6594> also posted significant losses.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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