Nikkei 225 — daily market movers
Macro backdrop
The Nikkei 225 fell 0.73%, ending a five-day winning streak after briefly topping 67,000 intraday before fading. Profit-taking swept the semiconductor and AI-related complex following last week's sharp rally, the day's main drag. Financials bucked the decline — insurers were the strongest industry group, followed by banks — supported by the BOJ's Sept 18 hike to 1.25%, a 30-year JGB yield near a three-decade high, and dividend-record-date demand (Monday was the last rights-carrying day). A weak yen around 157-158 per dollar underpinned exporters. Decliners outnumbered advancers roughly 2,116 to 1,401.
Top 10 gainers
| # | Ticker | Company / business | Change | Likely Driver |
|---|---|---|---|---|
| 1 | 6361.T | Ebara Makes pumps, compressors and precision equipment including semiconductor CMP tools | +2.82% | Led the index as money rotated into cyclical machinery names; no standalone company catalyst on the day. |
| 2 | 8411.T | Mizuho Financial Group One of Japan's three megabank groups, offering banking and securities services | +2.01% | Rose to a five-year high as the BOJ's rate hike and a 30-year-high long-term JGB yield lifted bank margin expectations. |
| 3 | 8750.T | Dai-ichi Life Holdings Major Japanese life insurance group | +1.91% | Insurers were the day's strongest group on higher rates and dividend-capture demand ahead of the record date. |
| 4 | 6103.T | Okuma Manufactures CNC machine tools and machining equipment | +1.61% | Gained with the broader cyclical machinery group as funds rotated toward value and equipment names. |
| 5 | 7735.T | SCREEN Holdings Makes front-end semiconductor manufacturing equipment such as wafer-cleaning tools | +1.60% | Bucked the chip sell-off; select semiconductor-equipment names drew support even as memory/AI shares fell. |
| 6 | 9984.T | SoftBank Group Technology investment holding company with a large Arm stake | +1.53% | A key index heavyweight that supported the market throughout the session. |
| 7 | 7211.T | Mitsubishi Motors Japanese automaker producing passenger cars and SUVs | +1.41% | Weak yen near 157-158 per dollar boosted the export-oriented automaker. |
| 8 | 4755.T | Rakuten Group E-commerce, fintech and mobile telecom conglomerate | +1.12% | Advanced alongside recovering large-cap growth names; no standalone catalyst on the day. |
| 9 | 8766.T | Tokio Marine Holdings Japan's largest property & casualty insurance group | +1.04% | Insurance led the market on higher interest rates and dividend-record-date demand. |
| 10 | 8316.T | Sumitomo Mitsui Financial Group One of Japan's three megabank groups | +1.03% | Higher rates lifted banks; rose with the broader financial sector. |
- 1. 6361.T+2.82%EbaraMakes pumps, compressors and precision equipment including semiconductor CMP toolsLed the index as money rotated into cyclical machinery names; no standalone company catalyst on the day.
- 2. 8411.T+2.01%Mizuho Financial GroupOne of Japan's three megabank groups, offering banking and securities servicesRose to a five-year high as the BOJ's rate hike and a 30-year-high long-term JGB yield lifted bank margin expectations.
- 3. 8750.T+1.91%Dai-ichi Life HoldingsMajor Japanese life insurance groupInsurers were the day's strongest group on higher rates and dividend-capture demand ahead of the record date.
- 4. 6103.T+1.61%OkumaManufactures CNC machine tools and machining equipmentGained with the broader cyclical machinery group as funds rotated toward value and equipment names.
- 5. 7735.T+1.60%SCREEN HoldingsMakes front-end semiconductor manufacturing equipment such as wafer-cleaning toolsBucked the chip sell-off; select semiconductor-equipment names drew support even as memory/AI shares fell.
- 6. 9984.T+1.53%SoftBank GroupTechnology investment holding company with a large Arm stakeA key index heavyweight that supported the market throughout the session.
- 7. 7211.T+1.41%Mitsubishi MotorsJapanese automaker producing passenger cars and SUVsWeak yen near 157-158 per dollar boosted the export-oriented automaker.
- 8. 4755.T+1.12%Rakuten GroupE-commerce, fintech and mobile telecom conglomerateAdvanced alongside recovering large-cap growth names; no standalone catalyst on the day.
- 9. 8766.T+1.04%Tokio Marine HoldingsJapan's largest property & casualty insurance groupInsurance led the market on higher interest rates and dividend-record-date demand.
- 10. 8316.T+1.03%Sumitomo Mitsui Financial GroupOne of Japan's three megabank groupsHigher rates lifted banks; rose with the broader financial sector.
Common Themes
The gainers were dominated by financials — insurers the strongest group, banks next (Mizuho, Sumitomo Mitsui, Dai-ichi Life, Tokio Marine) — driven by the BOJ's Sept 18 hike to 1.25%, a 30-year-high long-term JGB yield widening margin expectations, and dividend-capture buying ahead of the record date. The rest came from yen-sensitive exporters (Mitsubishi Motors), cyclical machinery (Ebara, Okuma) and a few resilient equipment/tech heavyweights (SCREEN, SoftBank).
Top 10 losers
| # | Ticker | Company / business | Change | Likely Driver |
|---|---|---|---|---|
| 1 | 6526.T | Socionext Designs custom SoC/ASIC chips for automotive, data-center and networking uses | -5.15% | The day's biggest decliner as profit-taking hit the semiconductor complex after last week's rally. |
| 2 | 4062.T | Ibiden Makes semiconductor IC-packaging substrates and ceramic products | -4.43% | The largest single negative contributor to the index amid profit-taking in memory- and AI-related shares. |
| 3 | 285A.T | Kioxia Holdings Produces NAND flash memory chips and solid-state drives | -4.37% | Fell on renewed caution toward memory-related shares as the chip rally faded. |
| 4 | 4519.T | Chugai Pharmaceutical Prescription-drug developer, a Roche-affiliated biopharma company | -3.84% | Weakened with the pharma sector as money rotated out of defensive growth; no standalone catalyst found. |
| 5 | 9843.T | Nitori Holdings Home-furnishings and furniture retail chain | -3.63% | Pressured as a weak yen raises import costs for the import-heavy retailer. |
| 6 | 4568.T | Daiichi Sankyo Large pharmaceutical firm developing oncology and cardiovascular drugs | -3.38% | Slid with the pharma sector; no clear company-specific news. |
| 7 | 3092.T | ZOZO Operates the ZOZOTOWN online fashion e-commerce platform | -3.13% | Sold off amid rotation out of growth and consumer names; no obvious catalyst. |
| 8 | 3436.T | SUMCO Manufactures silicon wafers for semiconductors | -3.11% | Declined as silicon-wafer names followed the semiconductor profit-taking. |
| 9 | 4043.T | Tokuyama Produces polysilicon plus specialty chemicals and semiconductor materials | -2.82% | Fell with the chip complex given its semiconductor-materials exposure. |
| 10 | 4901.T | Fujifilm Holdings Diversified imaging, healthcare and semiconductor-materials company | -2.73% | Weakened with the growth rotation; its semiconductor-materials business tracked chip-sector weakness. |
- 1. 6526.T-5.15%SocionextDesigns custom SoC/ASIC chips for automotive, data-center and networking usesThe day's biggest decliner as profit-taking hit the semiconductor complex after last week's rally.
- 2. 4062.T-4.43%IbidenMakes semiconductor IC-packaging substrates and ceramic productsThe largest single negative contributor to the index amid profit-taking in memory- and AI-related shares.
- 3. 285A.T-4.37%Kioxia HoldingsProduces NAND flash memory chips and solid-state drivesFell on renewed caution toward memory-related shares as the chip rally faded.
- 4. 4519.T-3.84%Chugai PharmaceuticalPrescription-drug developer, a Roche-affiliated biopharma companyWeakened with the pharma sector as money rotated out of defensive growth; no standalone catalyst found.
- 5. 9843.T-3.63%Nitori HoldingsHome-furnishings and furniture retail chainPressured as a weak yen raises import costs for the import-heavy retailer.
- 6. 4568.T-3.38%Daiichi SankyoLarge pharmaceutical firm developing oncology and cardiovascular drugsSlid with the pharma sector; no clear company-specific news.
- 7. 3092.T-3.13%ZOZOOperates the ZOZOTOWN online fashion e-commerce platformSold off amid rotation out of growth and consumer names; no obvious catalyst.
- 8. 3436.T-3.11%SUMCOManufactures silicon wafers for semiconductorsDeclined as silicon-wafer names followed the semiconductor profit-taking.
- 9. 4043.T-2.82%TokuyamaProduces polysilicon plus specialty chemicals and semiconductor materialsFell with the chip complex given its semiconductor-materials exposure.
- 10. 4901.T-2.73%Fujifilm HoldingsDiversified imaging, healthcare and semiconductor-materials companyWeakened with the growth rotation; its semiconductor-materials business tracked chip-sector weakness.
Common Themes
Losers were led by profit-taking across the semiconductor/AI supply chain (Socionext, Ibiden, Kioxia, SUMCO, Tokuyama) — a high-level unwind after last week's surge and the index's touch of 67,000, with the memory chain especially weak. A second thread was pharma weakness (Chugai, Daiichi Sankyo), and a third was rotation out of growth and consumer names (Nitori, ZOZO, Fujifilm), some also hurt by the weak yen lifting import costs.
Overall read
This was not broad risk-off but a textbook sector rebalance: money took profits in the crowded semiconductor/AI and growth trades and rotated into rate-beneficiary financials (banks, insurers) and yen-sensitive exporters. Rate and dividend themes drove the bulls while the chip chain's short-term overheating was worked off.