Other Movers

Exporters fell on the strength in the yen. Toyota, Canon, Nikon and Olympus declined more than 2%.

Canon Inc fell 2.7% to 4,025.00 yen after the cameras, and optical and other products will likely post a near quadrupling of operating profit in the March quarter on strong sales of high-end digital cameras, the Nikkei newspaper reported.

Kenedix, Inc the investment service provider added 2.2% to 28,340.00 yen and the largest publicly traded real estate manager plans to launch two funds with 30 billion yen or $330 million. The company is in talks with pension funds in Tokyo and Korea

Mitsui Fudosan Co., Ltd the property companies decreased 2.3% to 1,613.00 yen.

Mitsubishi Estate Company, Limited dropped 3.7% to 1,476.00 yen after the company was downgraded their shares to “underweight” at Morgan Stanley.

Morgan Stanley lowered its view on the industry from “cautious” to “in-line.”

Seiko Epson Corp dropped 4.5% to 1,485.00 yen after the printer maker was downgraded to “underperform” from “neutral” at Credit Suisse Group AG.