Impact on stocks 14
TE Connectivity LtdOn July 31, 2026, the Tokyo stock market saw the Nikkei 225 surge 4.03% from the previous day to 64,362, a sharp rise. The TOPIX also gained a solid 1.29% to 4,003.30, as earnings season kicked into high gear and large-cap semiconductor and electronics stocks soared across the board. Panasonic Holdings jumped 19.53%, Kioxia rose 17.72%, Advantest climbed 16.34%, Murata Manufacturing advanced 15.59%, SoftBank Group gained 13.80%, Mitsubishi Electric added 11.17%, and Tokyo Electron rose 6.24%, with these high-priced semiconductor shares strongly lifting the Nikkei. Meanwhile, selling hit telecom and defensive names, with Nintendo falling 5.72%, KDDI down 4.26%, NTT off 4.15%, SoftBank Corp losing 3.71%, Takeda Pharmaceutical dropping 3.59%, Chugai Pharmaceutical down 1.97%, and Toyota Motor declining 1.89%, highlighting a clear sector rotation. The yen continued to strengthen against the dollar, but buying in semiconductor-related stocks on strong earnings lifted the overall market.
TE Connectivity Ltd