TOKYO (Reuters) - Japan's Nikkei average advanced 1.9 percent on Friday, as machinery shares gained after orders dropped less than forecast and Sony Corp (6758.T) surged after projecting a smaller-than-expected annual loss.
The machinery orders data also helped Tokyo Electron (8035.T) rise nearly 8 percent, becoming the biggest positive contributor to the Nikkei despite forecasting a record annual operating loss.
Some market participants also said that the stock was helped by a sense that all the bad news for the chip equipment maker was out of the way.
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