The Nikkei lost 0.51% on Wednesday

The Nikkei, bringing together the 225 most representative titles in the market, dropped by 150.29 points to 29,291.01 integers. The previous day it scored its best level in the month at the expense of the monetary policy decisions of the US. 

The Topix index, including firms in the first section, closed almost flat and added 0.02% or 0.38 points to stand at 1,975.86 units. 

The transportation sector and airlines accounted for the most significant losses. Meanwhile, the mining and shipping sectors led the gains. 

Nintendo, the video game developer, and distributor decreased by 2.79%.

Fast Retailing, the parent company of Uniqlo, lost 2.72% and pharmaceutical company Eisai fell by 1.40%. 

As for the technology sector, the Softbank group lost 0.41%. Also, Sony, the multinational electronics company, declined by 2.85%.

Carmaker Toyota was the only one among the larges capitalization firms to record a rise of 0.99%.

In the first section, 1,170 companies advanced against 882 ones that dropped. Meanwhile, 137 shares closed unchanged. 

The trading volume amounted to 2.42 trillion yen.

Toyota stocks hit a record high of 10,000 yen

For the first time since Toyota was listed on the Tokyo Stock Exchange in 1949, the company’s shares topped 10,000 yen.

The market capitalization of Toyota hit an all-time high above 32.8 trillion yen.

Since May 28, the company’s shares have been staying above 9,000 yen, hitting record highs. Despite the coronavirus pandemic and shortage of semiconductors worldwide, there has been a robust demand for cars in the US and China.

Toyota still is the highest valued company on the Tokyo Stock Exchange. However, in July 2020, Tesla outperformed it as the top automaker in the world by market capitalization. Toyota aims to have electrified vehicles accounting for around 80% of its annual sales by 2030.