Nikkei Closes at 16,819.59, Down 225.4 pts ( 05.02.2016)

Japanese stocks recorded a widened decline in the afternoon. Nikkei-225 Stock Average last closed at 16,819.59, down 225.4 pts or 1.32%.

Toyota, Honda and Nissan dropped approximately 2%-3.3%. Toshiba expected the annual loss to widen. The stock collapsed over 11%. Nikon's net profit in April-December rose 28%. Its share price surged by 4.6%. Yamaha Corp. rocketed over 15% after it lifted its annual operating profit forecast and announced a share repurchase plan.

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