The Japanese Nikkei index rose more than 1% at the close on Thursday, supported by a rise in Toyota Motor and other automotive stocks amid a weaker yen.
The Nikkei gained 1.12%, closing at 39,568.06 points, while the broader Topix index increased 1.2%, reaching 2,766.78 points.
Toyota Motor's stock surged by 5.99%, marking its second consecutive session of gains after local media reported that the automaker plans to double its return-on-equity target to 20% by 2030.
The automotive sector index rose by 4.58%, making it the best-performing among the 33 sub-indices on the Tokyo Stock Exchange.
Honda Motor's stock climbed 3.84%, and Nissan Motor's stock jumped 6.58%.
The yen dropped to a five-month low on Wednesday, trading at 157.37 against the dollar in the latest transactions.
Bank of Japan Governor Kazuo Ueda reaffirmed his stance on maintaining an accommodative monetary policy in his speech on Wednesday, preventing the yen from reversing its trend.
Retailers also saw gains, with J. Front Retailing shares jumping 8.27%, making it the biggest winner on the Nikkei index.
Isetan Mitsukoshi Holdings saw a rise of 7.6% in its stock price.
