TOKYO: Japanese shares fell to 2-1/2-week closing lows on Wednesday as a stronger yen and dismal earnings reports hurt sentiment, while Canon Inc crashed to a more than two-decade low after posting its first ever quarterly loss.
The Nikkei share average fell 1.15% to 22,397.11, the lowest close since July 10.
The broader Topix lost 1.28% to 1,549.04, also hitting its 2-1/2-week closing low.
Canon Inc dived 13.46% to its lowest level since March 1999 after the camera and printer manufacturer reported its first ever quarterly loss.
Nissan Motor slipped 10.39% after the automaker warned of a record operating loss this year and its lowest sales in a decade.
Fanuc Corp dropped 7.16% after the factory automation company forecast its operating profit to decline for the fiscal year.
Meanwhile, Omron added 2.29%, having touched a record high early in the session, after the electronics maker reported upbeat April-June earnings.
Elsewhere, printer manufacturers tracked Canon Inc's fall, with Konica Minolta shedding 10.8% to its lowest since November 1999, while Ricoh Co Ltd dipped 8.59%.
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