Asia stocks traded higher on Monday, but several major markets were set to be shuttered for much of the week.
Shares of Japanese automaker Nissan closed down 2.69 percent after it said on Friday that it was not able to sell some of its new vehicles because certain checks in the final vehicle inspection process were conducted by unqualified technicians.
Prior to market open, the Bank of Japan released the results of its "Tankan" survey that showed business confidence among large manufacturers in Japan improved in the three months from the previous survey in June. The headline number stood at plus 22 in the September survey, compared with June's plus 17. But the reading is expected to fall to plus 19 over the next three months.
The numbers are derived from taking the difference between those who find business conditions favorable and those who find it unfavorable. A positive reading indicates more businesses find conditions to be favorable.
"Manufacturers have done well in the past," Mitul Kotecha, head of Asia foreign-exchange and rates strategy at Barclays, told CNBC's "Street Signs," adding, "If we look now at the "Tankan," perhaps some of the weakness that we've see in the yen is also helping manufacturing confidence as well."
But whether such levels of confidence can be sustained is also important, according to Kotecha. "Japanese growth, as we heard, is growing well above trend, so the growth story is not a bad one."
In Australia, the ASX 200 closed up 47.69 points, or 0.84 percent, to 5,729.30.
Thailand's SET Index traded up 1 percent at 1,689.93 in the afternoon, hovering near levels not seen since 1993.
Markets in China were closed for mid-Autumn festival and national day, while the South Korean market was closed for a designated "temporary holiday." Markets in Hong Kong and India were also closed.