The Nikkei 225 fell sharply for a second straight session, with SoftBank Group alone weighing on the index by approximately ¥378. In trading around 9:00 a.m., the Nikkei 225 stood at ¥65,724.25, down sharply from the previous day, while estimated trading volume exceeded 1.1 billion shares.
The Nikkei 225 ended the morning session sharply lower, closing at ¥65,724.25, down ¥1,736.48 from the previous day. Estimated daytime trading volume was 1,175.06 million shares. Concerns over rising long-term interest rates intensified in response to developments in U.S. markets, prompting selling centered on technology stocks.
By sector, pharmaceuticals was the only sector to rise, while all other sectors declined in a broad-based sell-off. Among individual stocks, SoftBank Group had the largest impact on the Nikkei 225, pushing it down by approximately ¥378. Tokyo Electron, Kioxia Holdings, Fujikura, Ibiden, TDK, Kyocera and FANUC also led individual declines.
Mercari made the largest positive contribution, lifting the index by approximately ¥8, followed by Kikkoman, Otsuka Holdings, Chugai Pharmaceutical, M3, Daiichi Sankyo and Shiseido, among others. The market as a whole remained in a sharp decline, although some stocks also rebounded.