"Asian Stocks" Nikkei rises 833 points in half a day, Fast Retailing rebounds 9.5% after earnings, Fujikura and semiconductor stocks perform well, software stocks decline

U.S. President Trump has requested Israel to maintain a "low profile" in its actions against Lebanon, while the U.S. State Department has arranged for direct negotiations between Israel and Lebanon next week. The night before (9th), the three major U.S. stock indices initially fell but then stabilized, closing up by 0.6% to 0.8%. Japan has decided to additionally release oil reserves that can meet domestic demand for 20 days in early May. The Nikkei index reversed its previous day's decline, opening up 370 points this morning (10th) and expanding its gains, closing up 833 points or 1.5% at 56,728 points. The yen slightly fell by about 0.1% during the Asian session, with the dollar rising against the yen to 159.15.

Fast Retailing (9983.JP) rose 9.5% in the half-day, with its mid-term net profit for the fiscal year ending February 2026 increasing by 19.6%, and it has revised its full-year performance forecast for the year ending August upwards.

Semiconductor-related stocks performed well, with SUMCO (3436.JP) and Lasertec (6920.JP) rising by 4.9% to 5.1%, Tokyo Electron (8035.JP) up 2.5%, and Disco (6146.JP) and Advantest (6857.JP) rising by 1.8% to 1.9%. Storage stock Kioxia (285A.JP) rose by 5.4%. Wire stocks were hotly traded, with Fujikura (5803.JP) rising 11.3% in the half-day.

Anthropic launched Claude Managed Agents, and the rapid development of AI entities is seen as a significant challenge to SaaS stocks, leading to a sharp decline in U.S. software stocks the night before. Japanese software stocks were pressured along with their overseas peers, with CyberAgent (4751.JP) falling 3.1%, Trend Micro (4704.JP), BayCurrent (6532.JP), and SHIFT Inc (3697.JP) dropping by 4.2% to 5%