<p>Tokyo stocks closed lower Tuesday on profit-taking following recent gains, with investors cautiously watching for economic restarts after business shutdowns forced by the coronavirus outbreak.</p>.<p>The benchmark Nikkei 225 index edged down 0.12 percent, or 24.18 points, to 20,366.48, while the broader Topix index was down 0.26 percent, or 3.90 points, at 1,476.72.</p>.<p>Tokyo shares opened marginally higher "on the hopes that the state of emergency will be lifted gradually" in Japan, Okasan Online Securities said in a note.</p>.<p>But they closed in negative territory as investors cashed in on recent gains, said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.</p>.<p>"The market remains nervous about external factors", led by virus-related negative news, Horiuchi told AFP.</p>.<p>The dollar was trading at 107.42 yen, compared with 107.65 yen in New York Monday afternoon and the 106 range seen a day earlier.</p>.<p>Masayuki Kubota, chief strategist at Rakuten Securities, said it was unsurprising that stocks had started factoring-in the global economy's return to normal in six to 12 months.</p>.<p>"But I think we should be wary about the pace of the recent rise being too fast," he said in a commentary.</p>.<p>"It is better to brace for another bout of dips in summer as a second wave of infections is possible after economic restarts in the United States and Europe."</p>.<p>Japan has extended a state of emergency over the coronavirus until the end of May, but a review of the decision will be held on Thursday.</p>.<p>Local reports say the government could lift the measures in a large part of the country, though not for Tokyo.</p>.<p>Toyota dropped 1.96 percent to 6,527 yen after the auto giant said it forecast a sharp drop in sales and operating profit for the current fiscal year due to the coronavirus pandemic.</p>.<p>Honda tumbled 3.48 percent to 2,523 yen, and following the closing bell the firm said its full-year net profit had fallen sharply, also hit by the outbreak.</p>.<p>Nintendo, however, jumped 2.77 percent to 44,850 yen, with Sony up 0.16 percent at 7,071 yen.</p>
<p>Tokyo stocks closed lower Tuesday on profit-taking following recent gains, with investors cautiously watching for economic restarts after business shutdowns forced by the coronavirus outbreak.</p>.<p>The benchmark Nikkei 225 index edged down 0.12 percent, or 24.18 points, to 20,366.48, while the broader Topix index was down 0.26 percent, or 3.90 points, at 1,476.72.</p>.<p>Tokyo shares opened marginally higher "on the hopes that the state of emergency will be lifted gradually" in Japan, Okasan Online Securities said in a note.</p>.<p>But they closed in negative territory as investors cashed in on recent gains, said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.</p>.<p>"The market remains nervous about external factors", led by virus-related negative news, Horiuchi told AFP.</p>.<p>The dollar was trading at 107.42 yen, compared with 107.65 yen in New York Monday afternoon and the 106 range seen a day earlier.</p>.<p>Masayuki Kubota, chief strategist at Rakuten Securities, said it was unsurprising that stocks had started factoring-in the global economy's return to normal in six to 12 months.</p>.<p>"But I think we should be wary about the pace of the recent rise being too fast," he said in a commentary.</p>.<p>"It is better to brace for another bout of dips in summer as a second wave of infections is possible after economic restarts in the United States and Europe."</p>.<p>Japan has extended a state of emergency over the coronavirus until the end of May, but a review of the decision will be held on Thursday.</p>.<p>Local reports say the government could lift the measures in a large part of the country, though not for Tokyo.</p>.<p>Toyota dropped 1.96 percent to 6,527 yen after the auto giant said it forecast a sharp drop in sales and operating profit for the current fiscal year due to the coronavirus pandemic.</p>.<p>Honda tumbled 3.48 percent to 2,523 yen, and following the closing bell the firm said its full-year net profit had fallen sharply, also hit by the outbreak.</p>.<p>Nintendo, however, jumped 2.77 percent to 44,850 yen, with Sony up 0.16 percent at 7,071 yen.</p>