TOKYO, Aug. 7 (Xinhua) -- Tokyo stocks closed higher on Thursday for a third straight day, lifted by solid corporate earnings and upward revisions to profit outlooks.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 264.29 points, or 0.65 percent, from Wednesday at 41,059.15.
The broader Topix index, meanwhile, finished 21.35 points, or 0.72 percent, higher at 2,987.92.
On the stock market, the Nikkei index was initially pressured by heavyweight chip shares after U.S. President Donald Trump said Wednesday that he would impose a tariff of about 100 percent on semiconductor imports, but the market later drew support from companies that reported solid earnings and outlooks, analysts said.
Sony Group gained 4.1 percent to 3,860 yen after raising its profit forecast for the current fiscal year following a reassessment of the negative impact of higher U.S. tariffs, while Toyota Motor dropped 1.5 percent to 2,680 yen after it cut its net profit forecast for the current fiscal year due to higher U.S. auto tariffs. ■