The Nikkei 225 Index edged up 0.1% to around 36,830, while the broader Topix Index gained 0.8% to 2,692 on Wednesday, as Japanese stocks rebounded from multi-month lows amid improving risk sentiment.

However, investor concerns lingered over US President Donald Trump's tariff policies and recession risks in the world's largest economy. Domestically, data revealed that sentiment among large manufacturing firms turned negative in the first quarter, highlighting ongoing economic challenges.

In corporate news, Nissan Motor climbed 0.8% after announcing that CEO Makoto Uchida will step down on April 1. While merger talks between Nissan and Honda previously stalled, Honda reportedly remains open to resuming discussions after Uchida's departure. Among major gainers, Mitsubishi Heavy surged 4.3%, IHI Corp rose 2.1%, and Fujikura advanced 1.7%.

Source: Trading Economics