The Nikkei Average fell for a third consecutive day. Amid reports of the impact of the U.S. market and concerns over higher oil prices, FANUC, KOA and Kawasaki Kisen Kaisha announced upward revisions to their forecasts, while semiconductor equipment-related stocks came under notable selling pressure.
The Nikkei Average fell for a third consecutive day. Although semiconductor stocks showed some resistance to further declines in the U.S. market, the Dow Jones Industrial Average fell sharply, and concerns over rising oil prices weighed on investor sentiment. With a monetary policy meeting and earnings announcements scheduled for later this week, investors in the Japanese market are broadly taking a wait-and-see stance.
Among the stocks in focus today, FANUC reported a substantial year-on-year increase in operating profit for the first half of the fiscal year ending March 2027 and raised its full-year forecast. KOA likewise raised its earnings and dividend forecasts, while Kawasaki Kisen Kaisha substantially increased its ordinary profit forecast. These developments drove increased activity in related stocks.
Semiconductor equipment-related stocks, by contrast, came under notable selling pressure, at times limiting the market's overall rebound. FANUC separately announced a share buyback, drawing attention to the future direction of its stock. GMO Internet's share price moved after the company announced financial measures in response to unauthorised access by a third party.