Tokyo stocks continued to decline in the morning session on 29 September, although Happinet surged after announcing an upward revision to its outlook. Meanwhile, ex-rights stocks including Nexon, CyberAgent and Colopl fell.
Tokyo stocks continued to decline in the morning session on 29 September, with the Nikkei Stock Average ending trading sharply lower than on the previous trading day. The market was weighed by the ex-rights date, while developments in U.S. markets also had an impact. Toward the close of the morning session, AI- and semiconductor-related stocks and leading shares came under pressure.
Among game and entertainment-related stocks, Happinet surged after announcing an upward revision to its outlook for the current fiscal year. In contrast, ex-rights stocks including Nexon, CyberAgent and Colopl fell. Performance varied widely by stock, and investors continued to diversify risk.
By individual stock, Happinet rose, while Bandai Namco Holdings, Sony Group and Capcom also held firm. Nintendo, Konami Group, Square Enix Holdings and Koei Tecmo Holdings were lower, while Nexon suffered a sharp decline. Other stocks were also affected by ex-rights factors, and declines remained widespread.
Among individual groups of stocks, Mobile Factory rose among mobile-related names, while CyberAgent and Colopl weakened due to the ex-rights date for the September fiscal year-end. Debugging and middleware stocks were generally lower. In the anime and video-related sector, DLE attracted buying, although selling pressure on rallies was also noted.