Nikkei rises as weak yen helps sentiment after Yellen comments; JT surges
* Japan Tobacco best contributor to Nikkei
* Japan Post shares soar for 2nd day on strong demand
* Takata plunges as Honda says will no longer use its inflators
By Ayai Tomisawa
TOKYO, Nov 5 (Reuters) - Japanese stocks rose on Thursday morning after the dollar strengthened against the yen as the Federal Reserve Chair Janet Yellen pointed to a possible December interest rate "liftoff", while Japan Tobacco's dividend hike attracted buying.
Japan Tobacco Inc soared 6.8 percent and contributed a hefty 11 points to the Nikkei share average's rise after it raised its full-year dividend payout outlook to 118 yen per share from 108 yen per share.
The Nikkei rose 0.6 percent to 19,034.02 in midmorning trade after gaining 1.3 percent on Wednesday helped by strong demand by three Japan Post shares, which surged as investors rushed to get a piece of the group's $12 billion initial public offering.
On Wednesday, the Fed's Yellen laid out what now appears the base case at the U.S. central bank - that low unemployment, continued growth and faith in a impending return of inflation meant the U.S. was ready for higher interest rates.
"On top of good corporate earnings announcements, the weak yen helped support market sentiment," said Takuya Takahashi, a strategist at Daiwa Securities. Continuación...