The Nikkei 225 opened sharply lower for a second straight session, trading around ¥60,374 after falling more than ¥700 from the previous day. The broader market came under pressure following the sell-off in US tech stocks, at one point dipping below ¥59,000.
In the Tokyo market, the Nikkei 225 opened sharply lower at ¥60,374.35 and traded around ¥703.55 below the previous day's level. Selling pressure intensified in AI-related and semiconductor stocks as the market followed the decline in US tech stocks, with the SOX Index falling more than 12%.
All 33 Tokyo Stock Exchange sectors declined. Transport equipment and rubber products recorded particularly steep losses, reinforcing the market's downward bias.
Among individual stocks, SoftBank Group, Tokyo Electron and Advantest, which have a high impact on the index, opened with sell indications. Among major stocks, Toyota Motor fell more than 3%, while Sony Group rose more than 3% and remained firm. Fast Retailing traded slightly higher.