The Japanese Yen is getting more expensive vs US Dollar in the middle of the week. The current quote of USD/JPY is 112.50. The current demand for "safe" assets dictates the market behavior. There is a widespread game against US Dollar currently. This is the main factor which makes the Yen climb higher.
But the news from Japan itself is not so good though. Industrial production in Japan in March fell by 1.9% m/m (expected -2.1% m/m) according to the final report.
Domestic orders for mechanical engineering products (vessels and utilities excluded) in March rose by 1.4% m/m (expected +2.6%, previous 1.5%). Interesting to note that the total cost of such orders y/y continues to fall (-11.9% y/y).
Lower than expected number of domestic government orders in Japan is associated with lower business climate parameters. And here the negative outside Japan is felt by investors certainly.