Nomura Holdings rose 1.78% after Japan's largest brokerage said it would book $2.9 billion worth of pain from the collapse of US investment fund Archegos.
The top percentage losers on the Nikkei index were Marui Group Co Ltd, down 5.82%, followed by Dentsu Group Inc , losing 4.46%, and Daikin Industries Ltd, down by 4.28%.
Nikkei share average lost 0.81% to 29,844.81 by 0208 GMT, after hitting the 30,000 mark for the first time in more than two weeks on Monday. The broader Topix fell 0.74% to 1,968.80
"The market fundamental is strong. But ultimately the stimulus packages in the US and the direction of the long term interest rates could determine the move of the Japanese market."