According to Odaily, the Nikkei 225 Index has recovered to levels seen before its significant drop of over 12% on August 5. As of 10 a.m. Tokyo time, the index rose by 2.7%, reaching 35,961.95 points. The weakening yen has provided support for exporters such as automakers and tech companies. Technology stocks, including Tokyo Electron, saw gains following Nvidia's boost to the Philadelphia Semiconductor Index.

Ikuo Mitsui, a fund manager at Blue Securities, noted, 'The large-scale sell-off peaked last week, and investors are now focusing on fundamentals such as corporate profitability.' Ryuta Otsuka, a strategist at Toyo Securities, added, 'Investors are buying stocks at lower valuations. Today’s Japanese stock market is likely to calm down for the first time in a while. The stability of the yen will also help stabilize the Japanese stock market.'