TOKYO , Jan. 20 -- ( Kyodo ) _ (EDS: ADDING INFO) Tokyo stocks fell moderately on Monday, led by a pause in the yen's depreciation and a plunge in Nintendo stock following its downward revision of its earnings forecast. The 225-issue Nikkei Stock Average ended down 92.78 points, or 0.59 percent, from Friday at 15,641.68, extending its losing streak to a third trading day. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 3.53 points, or 0.27 percent, lower at 1,293.86. The market got off to a soft start, and the Nikkei slid about 160 points at one point before recouping about half of the loss by the end of the day's trading. Brokers said market sentiment was undermined by the dollar's fall to around the 104 yen line as a stronger yen saps investors' optimism about the outlook of earnings at export-oriented companies. The market's decline was led by a sharp loss for game maker Nintendo following its announcement Friday that it expects to post a net loss of 25 billion yen for the current fiscal year through March, instead of a previously projected profit. Nintendo plunged 900 yen , or 6.2 percent, to 13,745 yen , as the day's most actively traded issue by value. While some Japanese earnings figures have already been released, investors were waiting for upcoming announcements by other companies later this month, brokers said, adding that trading was lackluster due to U.S. markets' closure Monday for a holiday. Trading volume on the main section fell to 2,226.87 million shares from Friday's 2,738.90 million shares. "Overall, traders retreated to the sidelines," said Hiroaki Hiwada, strategist at Toyo Securities Co. "Players refrained from buying large capitalization issues before their earnings announcements and their attention shifted to small and mid-sized domestic-demand backed shares," Hiwada said, referring to rises in the Mothers and the Jasdaq markets for start-up companies. Despite the falls in the Nikkei and Topix indices, advancing issues outnumbered declining ones 994 to 677 on the First Section, while 106 closed unchanged. Among export-linked issues, Panasonic fell 26 yen , or 1.9 percent, to 1,316 yen , while Sony slid 13 yen , or 0.7 percent, to 1,767 yen . Mitsubishi Motors and Mazda Motor also lost ground. Meanwhile, Toyota Motor surged to 6,229 yen temporarily before ending at 6,206 yen , up 6 yen or 0.1 percent following the Nikkei business daily's report that the automaker's group plans to build some 10.3 million automobiles worldwide this year compared with planned output of 10.12 million vehicles for 2013. Toyota was the day's third most traded issue by value, after Softbank, which fell 50 yen , or 0.6 percent, to 8,838 yen . Torii Pharmaceutical jumped by its daily limit of 700 yen , or 21.8 percent, to 3,905 yen after announcing that it has won approval from the Japanese health ministry to make and sell new drugs for cedar pollen allergy and hyperphosphatemia in patients with kidney disease. By sector, precision machinery, real estate and rubber issues faced particular selling while shipping, steel and utility shares gained ground.
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