Japan Tobacco decreased 0.8% to 324,000 yen and the company said it will like to increase its stake in its India venture to 74% from the current holding of 50%. The domestic demand is expected to fall more than 15% after increased taxes will raise price of some of the company’s brands by as much as 100 yen a pack according to Executive Deputy President Masakazu Shimizu.

Nikon Corporation the camera maker rose 2.7% to 2,168.00 yen.

Sony Financial Holdings Inc surged 13.7% to 298,100.00 yen after the insurance and banking arm of electronics maker estimated the shift in investment strategy coupled with a change in assumed mortality rates would boost its market consistent embedded value by 187.6 billion yen ($2.1 billion). The company said it will lower its exposure to stocks and other risky assets and increase its bonds and fixed income securities holdings.

Toyota Motor Corporation added 1.2% to 3,550.00 yen after the automaker faced a 20% monthly decline, trade data showed Tuesday. The Japanese auto maker is currently being battered by a massive global recall.