The Nikkei index rose as the weakening yen boosted profit expectations.

The Japanese stock market may rise as the weakening yen boosts profit growth expectations. Information technology related stocks may perform weaker than the market, as Wall Street technology stocks softened overnight. Nikkei futures on the Singapore Exchange rose 0.3% to 54,610 points. The US dollar against the yen is at 156.84 yen, with the Tokyo stock market closing at 156.27 yen on Wednesday. Investors are focusing on financial reports, with Sony Group and NTT Inc. scheduled to announce their earnings later on Thursday. The Nikkei index fell 0.8% on Wednesday to 54,293.36 points.