Takeda Pharmaceutical Co.: Mitsubishi UFJ Financial Group Inc. was the biggest boost to the Topix index after profit reached a record and the bank announced a 100 billion yen share buyback, according to Bloomberg. Sumitomo Electric Industries Ltd. jumped 7.6 percent as it projected a bigger-than-expected dividend. Dai-ichi Life Insurance Co. surged 11 percent after saying it will repurchase shares and net income will rise more than expected. Takeda Pharmaceutical Co. dropped 2.6 percent after its profit forecast was below analyst estimates. The Nikkei 225 Stock Average added 0.8 percent to 19,890.27. The Topix climbed 1.2 percent to 1,626.66 at the close in Tokyo, less than one point away from the highest in more than seven years, after gaining 1.2 percent last week.
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Tagged under Takeda Pharmaceutical Co., Topix index topics.