Japanese shares ended higher on Tuesday after BOJ Deputy Governor Ryozo Himino said rates should keep rising but signaled no rush amid global uncertainty.

The Nikkei 225 rose 0.3%, or 121.70 points, to end at 42,310.49.

Himino said Japan's trade deal with the US eased some uncertainty, but the impact of US tariffs remained unclear. Speaking in Kushiro, he warned global risks deserve close attention and said inflation faces both upside and downside pressures.

The deputy governor added that while inflation may temporarily slow from tariffs, it is expected to stabilize around 2%, making gradual rate hikes appropriate if the outlook holds. He gave no signal on the timing of the next move.

On the corporate front, JERA filed to list $500 million of 4.544% bonds due 2030 on the Singapore Exchange, with trading to start Sept. 3.

Mizuho Financial Group (TYO:8411) aims to become Asia's top investment bank by boosting equity underwriting and M&A advisory, Bloomberg reported, citing global investment banking head Yutaka Nanjo.

Sekisui Kasei (TYO:4228) completed the transfer of six subsidiaries owned by Proseat Europe, which will be removed from consolidation, a Tokyo Stock Exchange filing showed. The final price will be set based on the Aug. 31 balance sheet.