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Japan Nikkei drops 2% as tech profit taking drags chip-testing leaders into weekly decline
International
Published on 15 May 2026
Advantest alone erased 544 points from the Nikkei
Japan’s Nikkei fell 2% on Friday, reversing early gains and setting up a weekly loss as traders booked profits in high-flying tech stocks heading into the weekend. The index closed at 61,409.29 after dropping about 1,245 points. Chip-testing leader Advantest slid 7.9%, cutting 544 points, while Tokyo Electron fell 1.8%. Fujikura sank 7.4% following Thursday’s 19% plunge tied to weak data-centre cable forecasts. Topix ended slightly lower and remained supported by energy and automakers.
- Nikkei ended down 2% at 61,409.29 after losing about 1,245 points
- Advantest plunged 7.9%, removing 544 index points from the Nikkei
- Tokyo Electron fell 1.8% as broader tech selling accelerated into the weekend
- Fujikura dropped 7.4% after a 19% Thursday slide from weak forecasts
- Topix slipped 0.4% to 3,863.97 despite an earlier 1.3% rise
- ENEOS rose 5.4% and Honda jumped 8.3% after shareholder return pledge
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times