The fact that Mori is selling the property for two to three times more than the prices of other properties in the area is really something and it seems to have captured everyone's attention.

Cyclical shares are likely to gain on the data and the market has started to buy those that are particularly undervalued.

Here, investors are looking ahead to the BOJ meeting and at the end of the week we'll be awaiting U.S. jobs data. With these factors ahead, I don't think stocks will be able to move much at all today.

A cut of 0.5 percent is well expected, but more important for Japan will be how U.S. stocks react.

Everyone's bonuses were a little bit better this year, and they've seen the value of their assets increase, so if you go to an electronics store now there are a lot more people.

Local market sentiment was also buoyed by overseas investors, who had placed large net buy orders ahead of the market opening today. This helped prompt retail investors here to step up purchases.