The Nikkei fell for a second straight session, while AI and semiconductor stocks stopped declining after selling subsided, and funds appeared to shift toward domestic-demand stocks.
The Nikkei Stock Average closed at 62,693, down 214 points, while long-term interest rates fell to the 2.7% range. Real estate stocks rose in response, with Mitsui Fudosan extending its winning streak to 7 sessions.
Nippon Television Holdings rose 1.6%, amid expectations that reports of Hideki Matsui (松井秀喜) becoming manager of the Yomiuri Giants would help expand its fan base. FANUC raised its net profit forecast for the fiscal year ending March 2027 and announced a share buyback of up to ¥50 billion.
Tokyo Steel Manufacturing posted an operating loss of ¥3.5 billion for the April–September period and indicated that it aimed to return to full-year profitability through price revisions.
Other news included talks over a merger between SpaceX and Tesla, a vulnerability in PHP, and information that Disco’s net profit forecast was expected to fall short. A 3-minute preview and review of the Tokyo market was also provided.