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Nikkei down as Sony, TDK fall, Fujifilm gains

Tue Jan 30, 2007 9:12pm EST

Stocks

   

(Updates to midsession)

TOKYO, Jan 31 (Reuters) - The Nikkei share average fell 0.66 percent on Wednesday, as Sony Corp. (6758.T) and TDK Corp. (6762.T) declined after both firms failed to meet investors' expectations when they raised their increased profit forecasts.

But shares of Fujifilm Holdings Corp. (4901.T) climbed nearly 5 percent after the film manufacturer posted a surprise 70 percent jump in quarterly profit and raised its annual forecast to above the market consensus. [ID:nT208449]

The Nikkei .N225 finished the morning down 115.62 points at 17,374.57.

The broader TOPIX index was down 0.64 percent at 1,720.44.



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