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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks closed lower Thursday as investors remained cautious about over-valuation after recent rallies. The benchmark Nikkei 225 index fell 0.19 percent, or 56.10 points, to 30,236.09, while the broader Topix index was down 1.00 percent, or 19.58 points, at 1,941.91. Stocks opened higher following another record close on Wall Street, but profit-taking erased early gains in late trading. "Investors locked in profits as they remained cautious about the recent surge," said Toshikazu Horiuchi, a broker at IwaiCosmo Securities. "But today's decline was still seen as a temporary adjustment as positive sentiment remains intact," Horiuchi told AFP. The dollar fetched 105.89 yen in Asian afternoon trade, against 105.86 yen in New York. Honda dipped 1.16 percent to 3,052 yen after reports said Toshihiro Mibe, currently head of research and development, will be promoted to chief executive, while Takahiro Hachigo will step down as CEO. A Honda spokeswoman declined to comment when contacted by AFP. Toyota dropped 1.86 percent to 8,093 yen and Sony lost 1.63 percent to 12,000 yen, with SoftBank Group down 0.62 percent at 10,340 yen. si/sah/axn
schema:headline	Tokyo stocks close lower in cautious trading
schema:mentions	Honda Sony Toyota Agence France-Presse Asia United States dollar Chief executive officer New York City Late trading SoftBank Group AXN Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-18 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	49 (xsd:integer)

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