As the Nikkei average continued to decline, buying spread to stocks with strong earnings, while Fujikura's net income beat pushed its share price up 12%.
The Nikkei average is still seen as remaining on a downward trend, and investors are focusing on individual companies' earnings performance amid the broader market decline.
During the day's trading, buying flowed into stocks whose earnings were viewed favorably, directing funds toward companies with relatively strong performance.
Fujikura, one of the stocks in focus, reported net income above market expectations, sending its share price up approximately 12%.