skip to main content

Tokyo stocks fall after powerful quake

Earthquake shuts the factories of some of the Japan's biggest firms
Earthquake shuts the factories of some of the Japan's biggest firms

Tokyo stocks slipped today, breaking a three-session winning streak as investors weighed the impact of a deadly quake that hit Japan's southwest, shutting the factories of some of the country's biggest firms. 

Shares in Sony, Honda Motor and leading tyre maker Bridgestone sank after they temporarily suspend operations at production facilities.

This followed the 6.5 quake that left at least nine people dead and toppled buildings. 

The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 0.37%, but on the week, it was up a robust 6.49%. 

Shares in Sony fell 3.2% after the electronics giant said it had stopped operations at a semiconductor manufacturing facility and was investigating the damage. 

Honda dropped 1% as the car maker cancelled production at a motorcycle plant in Kumamoto. Bridgestone was also down 0.51%. 

Among other companies, Toyota, which stopped production at its Miyata vehicle assembly plant and two other factories while it confirmed whether there had been any impact from the quake at its suppliers, fell 1%.

Factory robotics giant Fanuc also tumbled 2.6%.