Tokyo stocks plunged almost across the board Wednesday following overnight declines in U.S. shares, with the benchmark Nikkei index dropping to a three-month low.
The 225-issue Nikkei Stock Average lost 392.12 points, or 2.47 percent, to 15,467.33, for its lowest finish since Feb. 20.
The Tokyo Stock Price Index of all First Section issues on the Tokyo Stock Exchange slid 32.82 points, or 2.04 percent, to 1,579. 94.
The Mothers market fell for the fifth straight trading day, with its key index sinking to its lowest level in about two years.
All Tokyo sectors fell, excluding fishery-related ones, with heavy selling in insurance, brokerage and rubber issues.
Softbank was the most heavily traded issue by value. It fell 155 yen to 2,720 yen.
Sumitomo Metal Industries was the day's volume leader, down 3 yen to 500 yen.
Declining issues outpaced advancing ones 1,445 to 212, with 38 shares ending unchanged.
Trading volume on the TSE's main section came to 1,946.10 million shares against Tuesday's 1,415.52 million shares.
The TSE's Second Section index lost 88.23 points, or 1.93 percent, to 4,480.24 on a volume of 77.11 million shares. In Osaka, the near-term June Nikkei 225 index futures contract dropped 370 points to 15,470.
Source: Xinhua