At closing bell, the 225-issue Nikkei Stock Average declined 909.75 points, or 3.08%, to 28,608.59. The broader Topix index of all First Section issues on the Tokyo Stock Exchange decreased 46.35 points, or 2.37%, to 1,905.92.
Total 32 sub-indexes of the 33 sector sub-indexes on the Tokyo exchange traded lower, with Machinery, Precision Instruments, Information & Communication, Glass & Ceramics Products, Electric Appliances, Metal Products, and Services issues being notable losers.
Shares of seasoning producer Ajinomoto grew 3.8%, aided by its upbeat earnings results for the year ended in March released Monday.
Nissin Foods rose 3.2% after the company announced Tuesday a plan to acquire its own shares worth 12 billion yen.
ECONOMIC NEWS: Japan Household Spending Rebounds 6.2% On Year In March- Japan's average of household spending was up 6.2% on year in March, the Ministry of Communications and Internal Affairs said on Tuesday, coming in at 309,800 yen, following the 6.6% drop in February. The average of monthly income per household stood at 484,914 yen, down 1.0% on year. On a monthly basis, household spending climbed 7.2% - again exceeding expectations for a gain of 2.1% after rising 2.4% in the previous month.
CURRENCY NEWS: The U.S. dollar index strengthened 0.14% to 90.336 against a basket of its peers in Asia trade.The Japanese yen changed hands at 108.89 per dollar.
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