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The Nikkei ended trading with an increase of only 0.08 percent, registering 39,533.32 points, while the Topix mark The broader index was slightly down by 0.09 percent at 2739.68 points.
“A large number of companies changed their performance expectations down. This negative surprise made investors cautious about buying domestic stocks,” said Shigetoshi Kamada, general manager of the research department at Tachibana Securities.
Kamada said that the company’s business results Honda carwhich announced a sudden decline of 15 percent in operating profits for the second quarter, was a big surprise and the stock fell 0.14 percent today, Monday.
The stock also fell April For the second session in a row, it fell 4.31 percent on Monday after the company announced last week that it would cut nine thousand jobs and 20 percent of its manufacturing capacity due to sales problems in China and the United States United.
An arrow fell Toyota 0.34 percent.
As for an arrow Sony It jumped six percent after the audio and gaming equipment maker’s operating profit rose 73 percent in the quarter stretching from July to September.
The stock also rose Suzuki Motor Company rose 4.39 percent after the company raised its expectations for annual operations and net profits for the year ending March 2025.
But shares of the home security company Seacom fell 4.97 percent, weighing the most on the Nikkei index.
Of the more than 1,600 stocks traded on the Tokyo Stock Exchange’s main market, 42 percent of the stocks rose, 55 percent fell, and two percent remained unchanged.
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The Nikkei ended trading with an increase of only 0.08 percent, registering 39,533.32 points, while the Topix mark The broader index was slightly down by 0.09 percent at 2739.68 points.
“A large number of companies changed their performance expectations down. This negative surprise made investors cautious about buying domestic stocks,” said Shigetoshi Kamada, general manager of the research department at Tachibana Securities.
Kamada said that the company’s business results Honda carwhich announced a sudden decline of 15 percent in operating profits for the second quarter, was a big surprise and the stock fell 0.14 percent today, Monday.
The stock also fell April For the second session in a row, it fell 4.31 percent on Monday after the company announced last week that it would cut nine thousand jobs and 20 percent of its manufacturing capacity due to sales problems in China and the United States United.
An arrow fell Toyota 0.34 percent.
As for an arrow Sony It jumped six percent after the audio and gaming equipment maker’s operating profit rose 73 percent in the quarter stretching from July to September.
The stock also rose Suzuki Motor Company rose 4.39 percent after the company raised its expectations for annual operations and net profits for the year ending March 2025.
But shares of the home security company Seacom fell 4.97 percent, weighing the most on the Nikkei index.
Of the more than 1,600 stocks traded on the Tokyo Stock Exchange’s main market, 42 percent of the stocks rose, 55 percent fell, and two percent remained unchanged.
