(Updates with closing prices)

TOKYO, April 12 (Reuters) - Japan's Nikkei share average

ended higher on Friday as chip-related stocks tracked U.S.

technology shares overnight, while a decline in Uniqlo-parent

Fast Retailing ( FRCOF ) limited gains.

The Nikkei rose 0.21% to close at 39,523.55 and

posted a 1.41% weekly gain.

The broader Topix added 0.46% to 2,759.64 and rose

2.11% for the week.

"The Nasdaq was strong overnight despite the rise in U.S.

Treasury yields, which gave confidence to investors," said

Shigetoshi Kamada, general manager at Tachibana Securities'

research department.

U.S. stocks closed higher on Thursday, with tech-related

momentum stocks leading the charge, as fresh economic data

rekindled hopes that inflation remains in a cooling trend after

a strong inflation reading the day earlier.

Treasury yields, however, continued to climb as the

hotter-than-anticipated consumer price index data raised doubts

about the U.S. Federal Reserve's ability to lower interest rates

this year.

Japanese chip-related stocks rose, with Tokyo Electron ( TOELF )

and Lasertec ( LSRCF ) rising 1.49% and 2.97%,

respectively. Advantest ( ADTTF ) gained 0.87%.

Property developer Mitsui Fudosan ( MTSFF ) surged 7.82% to

rise the most among the Nikkei components, after it announced

plans for shareholder returns, including via a 40 billion yen

($261.22 million) share buyback.

Its peers rose, with Tokyo Tatemono ( TYTMF ) and Mitsubishi

Estate ( MITEF ) jumping 7.61% and 6.92%, respectively.

The property index advanced 5.2%, the most among

the Tokyo Stock Exchange's 33 industry sub-indexes.

"As we approach the corporate earnings season, the market

expects shareholder returns from more cash-rich firms. Mitsui

Fudosan ( MTSFF ) raised those expectations," Kamada added.

Fast Retailing ( FRCOF ) fell 4.4%, weighing the most on the

Nikkei, after the owner of the Uniqlo brand left its full-year

operating profit forecast unchanged.

Of the index's 225 components, 157 rose and 66 fell, with

two flat.

($1 = 153.1300 yen)