Apple suppliers under pressure to decline in the Nikkei
Slightly lower in early trading, due to Apple-related shares suffered from shock, and Japan Central Bank meeting this week offering new incentives under the condition of uncertainty, disappointing corporate earnings concern.
The Nikkei 225 Index closed down in early trading 0.58% to 17,253.01, may fall for a third day. Japan iPhone parts supplier stock prices lower Wholesale Customized Fashionable Studio Headphones, because United States consumer electronics company Apple posted iPhone sales fall for the first time, and revenues declined for the first time in more than 10 years. Topix stock index dropped 0.79% to 1,380.67, JPX 0.86% drop in Nikkei 400, 12,506.00.
Apple depends on a deep ceramic capacitor maker Murata Manufacturing Co Ltd's share price tumbled more than 4% image sensor manufacturer Alps Electric Co Ltd and Mitsumi Electric Co Ltd down by 2.35% and 2%, respectively. Electronic and optical manufacturer Taiyo Yuden Co Ltd-2%.
Minebea precision parts manufacturer, fell 1.8%, Japan Display screen manufacturer, fell slightly by 0.9%,ITTO Denko Corp, by 1.6%.
Apple chief financial officer Luca Maestri said the Chinese market is "very optimistic", but investors remained cautious.
Mitsubishi Motors shares fell 2.5%, media coverage of two executives of the company will likely resigned due to the company's manipulation of energy efficiency data scandal. Shares are currently less than April 19 (the day before the scandal) 864 Yen closing half.
Thursday (April 28) Japan Central Bank policy decisions as critical for investors China Factories. Many members of the Central Bank worry that bleak economic Outlook, Japan started in January to introduce negative interest rates policy stimulus tools be used again after may tend to be cautious.
Canon shares fell 5.8%, after the Nikkei business daily reported that the company expects sales this year to fall by 5%, below initial estimates.
Topix stock index down 1% iron ore and steel stocks, under pressure from the weak profits and slumping demand at home and abroad.
Tuesday (April 26) steel company said sales and operating profits fell, JFE Holdings Inc fell 3.7%.
