--- title: "Asian stocks: Japanese stocks rose 1,286 points or 2.3% throughout the day, approaching a new high of 58,000 during the session, with SoftBank up by 10%" type: "News" locale: "en" url: "https://longbridge.com/en/news/275419183.md" description: "Japanese stocks surged significantly due to the Liberal Democratic Party's control of the House of Representatives, with the Nikkei average index rising by 1,286 points or 2.3%, closing at 57,650 points, approaching a new high of 58,000 points. SoftBank's stock price increased by 10.7%, while other tech stocks such as Discus, Advantest, and Tokyo Electron also saw varying degrees of increase. Among wire stocks, Furukawa Electric had the largest gain, reaching 22.9%. Real estate stock Mitsubishi Estate raised its earnings forecast, with its stock price rising by 10.4%" datetime: "2026-02-10T07:22:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275419183.md) - [en](https://longbridge.com/en/news/275419183.md) - [zh-HK](https://longbridge.com/zh-HK/news/275419183.md) --- # Asian stocks: Japanese stocks rose 1,286 points or 2.3% throughout the day, approaching a new high of 58,000 during the session, with SoftBank up by 10% Japanese stocks continued to rise significantly, influenced by the overwhelming control of the House of Representatives by the Liberal Democratic Party of Japan, with foreign capital's unilateral buying pushing the market higher. The rise in U.S. tech stocks also provided momentum. The Nikkei average opened up 448 points and then expanded its gains, once rising 1,596 points to reach a new high of 57,960 points, closing up 1,286 points or 2.3% at 57,650 points. SoftBank (9984.JP) rose 10.7%, as the company's telecommunications business raised its earnings outlook. In other artificial intelligence and semiconductor stocks, Discus (6146.JP) rose 4.3%, Advantest (6857.JP) and Tokyo Electron (8035.JP) rose 1.2% and 2.2%, while Lasertec (6920.JP) and Kioxia (285A.JP) fell 1.2% and 0.3%. In the wire sector, Furukawa Electric (5801.JP) rose 22.9%, while Sumitomo Electric (5802.JP) and Fujikura (5803.JP) rose 4.3% and 5%. In the defense sector, heavy industry stocks such as Mitsubishi Heavy Industries (7011.JP) rose 2.8%, while Kawasaki Heavy Industries (7012.JP) and IHI (7013.JP) rose 7.6% and 4.9%. Additionally, Fast Retailing (9983.JP) rose 1%, Sony (6758.JP) and Nintendo (7974.JP) rose 3% and 3.1%, while Ryohin Keikaku (7453.JP) and Rakuten Group (4755.JP) rose 5.1% and 4.3%. Trading companies such as Itochu (8001.JP), Marubeni (8002.JP), Sumitomo Corporation (8053.JP), and Mitsubishi Corporation (8058.JP) rose 3.3% to 4.3%, while bank stocks Mitsubishi UFJ Financial Group (8306.JP) rose 2.6% and Mizuho Financial Group (8411.JP) rose 3.4%. In the metals sector, Sumitomo Metal Mining (5713.JP) rose 8.2%, and JX Metals (5016.JP) rose 3.3%. In other stocks, real estate company Mitsubishi Estate (8802.JP) raised its full-year earnings forecast, with its stock price rising 10.4%. NEC (6701.JP) announced a buyback of 30 billion yen in shares, with its stock price rising 7.3%. The exchange rate of the dollar against the yen is 155.37 ### Related Stocks - [6857.JP](https://longbridge.com/en/quote/6857.JP.md) - [1492.JP](https://longbridge.com/en/quote/1492.JP.md) - [6146.JP](https://longbridge.com/en/quote/6146.JP.md) - [8802.JP](https://longbridge.com/en/quote/8802.JP.md) - [1369.JP](https://longbridge.com/en/quote/1369.JP.md) - [5801.JP](https://longbridge.com/en/quote/5801.JP.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [1346.JP](https://longbridge.com/en/quote/1346.JP.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) ## Related News & Research - [SoftBank Could Turn OpenAI Into Rocket Fuel For Stargate And Robotics](https://longbridge.com/en/news/286415335.md) - [SoftBank More Than Quadruples Annual Profit on $44 Billion in OpenAI Gains](https://longbridge.com/en/news/286216407.md) - [Goldman Sachs Sticks to Its Buy Rating for Furukawa Electric Co (FUWAF)](https://longbridge.com/en/news/286221048.md) - [Advantest Ranks Global #1 in Assembly Test Equipment Supplier and Top 10 Customer Service Categories in 2026 Customer Satisfaction Survey](https://longbridge.com/en/news/286375156.md) - [SoftBank's Huge OpenAI Bet Pays Off With $45 Billion Gain](https://longbridge.com/en/news/286241968.md)