Japanese Shares End Lower Ahead Of BOJ Policy Meeting
Japanese stocks ended lower on Monday as investors grew cautious ahead of the Bank of Japan's policy meeting this week, where the central bank is expected to keep rates on hold but signal a possible resumption of hikes later this year.
The Nikkei 225 fell 1.1%, or 457.96 points, to end at 40,998.27.
The BOJ is also likely to warn of continued uncertainty over the impact of U.S. tariffs. Deputy Governor Shinichi Uchida said unresolved questions remain around the broader effects of tariffs and their timing, weighing on market sentiment.
On the corporate front, Japan's $550 billion US investment deal, tied to lower tariffs, could support Taiwanese chipmakers building US plants, Reuters reported, citing trade negotiator Ryosei Akazawa.
Funding may include equity, loans, and guarantees, and is not limited to US or Japanese firms, he said. The US relies heavily on Taiwan's TSMC (TPE:2330) for advanced chips, raising security concerns due to China's proximity.
Hulic posted a 1.7% rise in H1 attributable profit to 44.9 billion yen, as revenue surged 46.4% to 300.1 billion yen, according to a Monday filing. EPS rose to 59.06 yen.
The firm declared a 28.50 yen interim dividend and forecast FY profit of 108 billion yen, EPS of 142.16 yen, and a year-end dividend of 28.50 yen.
Source: MT newswires
