year high on foreign buying 4 Tokyo
Mitsubishi Tokyo Financial Group rose 0.9 percent to 1.07 million yen a day after Japan's second-biggest bank said it would bolster its capital with a larger-than-expected $1.5 billion preferred securities issue.
A drop in oil prices propped up All Nippon Airways Co., which rose 1.4 percent to 358 yen, and freight company Mitsui O.S.K. Lines Ltd., which rose 3.8 percent to 817 yen.
Oil and natural gas producer Teikoku Oil Co. lost 3.2 percent to 904 yen.
Internet portal Livedoor Co. jumped 9.5 percent to 520 yen in heavy trade on the Mothers market for start-ups.
The rally came a day after local media reported Koizumi's Liberal Democratic Party has asked Livedoor president Takafumi Horie, a maverick entrepreneur who made headlines in a takeover battle earlier this year, to run in the September election.
Trade volume fell to 1.87 billion shares on the first section from 2.26 billion the previous day, although it remained well above last year's daily average of 1.45 billion.
Advancers scraped by decliners 742 to 732.
--SP 1156 Local Time 0856 GMT