Japan Indexes Stretched Weekly Gains to 5%, SoftBank In Focus After Earnings Results

Akira Ito
08 Aug, 2025
Tokyo

Japan's benchmark indexes extended their weekly rise amid easing trade woes and positive earnings results from domestic corporations. 

The Nikkei 225 Stock Average gained 2%, the broader Topix advanced 1.5%, and they extended their weekly rise to 4.7%. 

Stocks advanced after SoftBank Group reported better-than-expected quarterly results, supported by a recovery in its tech fund. 

Sony Group extended its 2-day gain over 10% after the diversified entertainment company lifted its annual operating earnings outlook by 4%.

The broader Topix index jumped to a record high and traded above 3,000 for the first time amid an improving earnings outlook. 

 

Japan's Real Household Spending Advanced In June

Japan's household spending in real terms rose for the second consecutive month in June, the Ministry of Internal Affairs and Communications said on Friday. 

The average of monthly consumption expenditures per household for June was 295,419 yen, up 5.2% in nominal terms and up 1.3% in real terms from the previous year. 

Transportation and communication spending rose 8.6%, after automakers ramped up shipments following the certification scandal last year. 

Food expenditures decreased 2.1% after rising in the previous three months, driven by a 12.1% fall in rice prices after the government released from the emergency supply.

The average monthly income per household with two or more people stood at 976,268 yen, up 2.0% in nominal terms but down 1.7% in real terms from the previous year.

Household spending is a key indicator of consumption, which makes up more than half of Japan's gross domestic product. 

 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average gained 2% to 41,908.34, and the broader Topix added 1.5% to 3,031.79. 

Tokyo Electron inched up 1.5% to ¥21,330.0, as the company struggles with the accusation levied by TSMC that it leaked sensitive data to a competitor. 

SoftBank Group jumped 11.9% to ¥13,935.0 after the company swung to profit in the June quarter. 

Revenue in the quarter increased 7.8% to 1.8 trillion yen from 1.7 trillion yen, net income attributable to shareholders swung to a profit of 421.8 billion yen from a loss of 174.2 billion yen, and diluted earnings per share rose to 291.28 yen from a loss of 123.67 yen a year ago. 

The company said it has completed cumulative stock repurchase worth 330 billion yen by the first quarter-end from the 500 billion authorized by the board of directors in August 2024.

The company confirmed the completion of a $10 billion investment in the U.S.-based OpenAI Global, of the announced total investment of $40 billion.