Nikkei falls as earnings disappoint market

Blue chip company Canon Inc tumbled after slashing its profit outlook

 

The Nikkei share average fell for a second day on Thursday in volatile trade, as investors were disappointed with company results such as for blue-chip Canon Inc , which tumbled after slashing its profit outlook.

 

The benchmark Nikkei fell 1.1% to 14,562.93,after rising as high as 14,748.77 at the open. The broader Topix dropped 1.4% to 1,202.32.