Against the backdrop of earnings announcements and market movements, the Nikkei 225 fell for the first time in 4 days. Recruit Holdings and Nissan Motor declined after reporting earnings, while Square Enix Holdings reached a new year-to-date high.
The Nikkei 225 fell for the first time in 4 days, while concerns spread in the U.S. market over the possible dismissal of Nvidia's CEO. During the day, the index rose temporarily in the morning session but extended its losses in the afternoon, ending broadly lower.
Recruit Holdings reported its first-half results. Operating profit rose 63.9% year on year to ¥513.7 billion, and revenue from its HR Technology business, which operates Indeed, rose 35.6%, showing strong performance. Its share price nevertheless fell sharply by the close of trading.
Nissan Motor released its first-half results, reporting operating profit of ¥80.0 billion. However, this was below market expectations, and net income was a loss of ¥39.7 billion. Profit accumulation was limited, reportedly reflecting a greater-than-expected impact from rising costs.
Square Enix Holdings reached a new year-to-date high. First-half operating profit was ¥38.7 billion, up 42.2% year on year, and its full-year operating profit forecast was raised to ¥59.0 billion. Sales of major games increased, raising expectations for improved profitability.