Nikkei 225 and TOPIX Soar on Thursday, Domestic Demand Co's Lead (PIO, NMR, HIT, TM, TMIC, MLEA, MTU, KUB, SNE, HMC, ATE, EWJ, SANYY, KNBWY)

Japanese "domestic demand" stocks broke out today and Tokyo Stock Exchange related benchmarks and indices shot upward. The Nikkei 225 closed above 14,400 for the first time in 4 1/2 years. The TOPIX is back above 1,500, a level it has had some difficulty sustaining. Toyota (ticker: TM) shares hit a new 5-year high. More bad news out of Sanyo (ticker: SANYY) as the Nikkei Keizai Shimbun reported it would widen its forecast net loss for this year.

Nikkei 225: +240.92 (+1.70%), closed at 14,411.79, opened 22 points higher at 14,192.78, intra-day high of 14,448.75, low of 14,169.47

TOPIX: +23.99 (+1.61%), closed at 1,510.33, opened slightly higher, intra-day high of 1,512.63, low of 1,486.52

JASDAQ: +0.42 (+0.39%), closed at 108.94, traded in 108 range throughout the day, approached 109 near day's end but its closing price was its intra-day high

* Performance of Japanese stocks on the Tokyo Stock Exchange that have ADRs:
Advancers: Pioneer (ticker: PIO) +2.83%, Nomura Holdings (ticker: NMR) +2.80%, Hitachi (ticker: HIT) +2.66%, Toyota (ticker: TM) +2.55%, Trend Micro (ticker: TMIC) +2.45%, Millea Holdings (ticker: MLEA) +2.44%, Mitsubishi UFJ Financial Group (ticker: MTU) +1.97, Kubota (ticker: KUB) +1.89%, Sony (ticker: SNE) +1.75%, Honda (ticker: HMC) +1.55%, Advantest (ticker: ATE) +1.49%

Decliners: Sanyo (ticker: SANYY) -4.04%, Kirin Brewery (ticker: KNBWY) -1.87%