Japanese markets edge down as yen rallies

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Weak Japanese industrial output and core machinery data also weighed on sentiment and offset expectations of upcoming election-driven tax cuts.
The benchmark Nikkei 225 index ended down 0.65 percent at 53,583.57, extending losses for a third straight day. The broader Topix index finished marginally lower at 3,656.40. Semiconductor-related stocks and automakers led losses after recent sharp gains.
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First Published: Jan 19 2026 | 4:50 PM IST