Japan's Indexes Erased Early Losses After Global Crude Oil Supply Disruption Anxieties Eased

Akira Ito
23 Jun, 2025
Tokyo

Japan's indexes declined on Monday and extended losses for the third consecutive session. 

The Nikkei 225 Stock Average decreased 0.2%, and the Topix declined 0.3% after the U.S. joined Israel's war targeting Iran's nuclear infrastructure. 

Risk appetite weakened amid worries that the disruption in global crude oil and natural gas supply will stoke inflation at home and abroad. 

On the economic front, Japan's services sector expanded for the third consecutive month in June, and the manufacturing sector activities returned to growth for the first time since May 2024. 

The au Jibun Bank Japan Services Purchasing Managers' Index increased to 51.5 in June from a final 51.0 in May, S&P Global reported Monday. 

The services sector activities expanded for the third month in a row, and new orders expanded and export orders edged up slightly. 

The au Jibun Bank Japan Manufacturing PMI edged up to 50.4 in June from 49.4 in May, according to a flash estimate released by S&P Global. 

The increase in manufacturing activities was driven by a rise in output and purchases of inventories, and the backlog of work declined at a slower pace. 

 

Japan Indexes Stocks 

The Nikkei 225 Stock Average decreased 0.2% to 38,337.35, and the broader Topix index declined 0.3% to 2,761.99. 

Tokyo Electron decreased 1.1% to ¥23,705.0, Advantest Corp. dropped 1.2% to ¥9,710.0, and Disco Corp. fell 1.6% to ¥36,110.0. 

Seven & I Holdings rose 1% to ¥2,264.50, Fast Retailing Co. Ltd. edged up 0.7% to ¥46,360.0, Takashimaya Corp. declined 0.4% to ¥1,094.50, and Aeon Corp. fell 1.2% to ¥4,453.0. 

Nippon Yusen KK edged up 0.6% to ¥5,085.0, Mitsui O.S.K. Lines dropped 0.6% to ¥4,798.0, and Kawasaki Kisen Kaisha Ltd. added 0.8% to ¥2,039.0.