Tokyo stocks tumbled Friday morning as a wide range of issues were offloaded following the Bank of Japan in its Tankan Survey reporting that sentiment among large firms had slumped in March.
The 225-issue Nikkei Stock Average dropped 470.92 points, or 2. 81 percent, from Thursday to 16,287.75. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 37.33 points, or 2.77 percent, to 1,309.87.
As of the morning break, all industry categories on the main section fell into negative territory, with notable decliners comprising electric appliance, glass and ceramics product, as well as energy-linked stocks.
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