TOKYO, Jan 10 (Reuters) - The benchmark Nikkei average rose 1 percent and the broader TOPIX gained 0.8 percent on Wednesday.
The following stocks were on the move:
**TOSHIBA UP ON REPORT TO RESUME MEMORY PLANT PROJECT**
Shares of Toshiba Corp advanced 2.9 percent to 431 yen after the Nikkei business daily said that Japan's biggest chipmaker will spend about 800 billion yen ($8.9 billion) to build a flash memory chip factory, reviving plans that had been put on hold due to sharp falls in demand.
0033 GMT
**TOYOTA, HONDA PRESSURED BY RECALL WOES**
Shares of Toyota slipped 0.3 percent to 3,365 yen after the automaker said on Tuesday it would recall thousands of Camry sedans as well as nearly half a million new Prius and other hybrid cars to fix steering and braking problems.
Honda Motor Co fell 0.8 percent to 3,035 yen after saying it is recalling 378,758 vehicles in the United States to fix an airbag defect linked to 11 injuries and one fatality.
0020 GMT
**NISSAN GAINS; RETURNS TO Q3 PROFIT, LIFTS FORECAST**
Shares of Nissan Motor climbed 2.1 percent to 746 yen after Japan's third-largest automaker said it returned to quarterly profit and lifted its forecast for the second time, though warning of a still shaky outlook for the global car market.
0010 GMT
(Reporting by Aiko Hayashi)
((aiko.hayashi@thomsonreuters.com; Reuters Messaging: aiko.hayashi.reuters.com@reuters.net; +81 3 6441 1802))
((If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com))
Keywords: MARKETS JAPAN STOCKS HOT (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The following stocks were on the move:
**TOSHIBA UP ON REPORT TO RESUME MEMORY PLANT PROJECT**
Shares of Toshiba Corp advanced 2.9 percent to 431 yen after the Nikkei business daily said that Japan's biggest chipmaker will spend about 800 billion yen ($8.9 billion) to build a flash memory chip factory, reviving plans that had been put on hold due to sharp falls in demand.
0033 GMT
**TOYOTA, HONDA PRESSURED BY RECALL WOES**
Shares of Toyota slipped 0.3 percent to 3,365 yen after the automaker said on Tuesday it would recall thousands of Camry sedans as well as nearly half a million new Prius and other hybrid cars to fix steering and braking problems.
Honda Motor Co fell 0.8 percent to 3,035 yen after saying it is recalling 378,758 vehicles in the United States to fix an airbag defect linked to 11 injuries and one fatality.
0020 GMT
**NISSAN GAINS; RETURNS TO Q3 PROFIT, LIFTS FORECAST**
Shares of Nissan Motor climbed 2.1 percent to 746 yen after Japan's third-largest automaker said it returned to quarterly profit and lifted its forecast for the second time, though warning of a still shaky outlook for the global car market.
0010 GMT
(Reporting by Aiko Hayashi)
((aiko.hayashi@thomsonreuters.com; Reuters Messaging: aiko.hayashi.reuters.com@reuters.net; +81 3 6441 1802))
((If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com))
Keywords: MARKETS JAPAN STOCKS HOT (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
