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Japan stocks traded lower at the end of the trade on Wednesday, with the Chemical, Mining, Petroleum & Plastic, and Financial Services sectors pulling shares lower.

The Nikkei 225 lost 0.71 percent at the session’s close in Tokyo.

Yamato Holdings Co Ltd was one of the best performers in the session, soaring 5.99 percent (or 159.0 points) to trade at 2812.0 at the close. The rise was the company’s 52-week high. Meanwhile, Yokogawa Electric Corp swelled 5.95 percent, or 130.0 points, ending at 2316.0, which was also its all-time high. Advantest Corp perked 5.69 percent up, or 125.0 points, to 2322.0 in late trade.

On the other hand, Fujifilm Holdings Corp was considered the worst performer of the session, falling 8.32 percent, or 380.0 points, trading at 4190.0 at the close. Tokyo Electron Ltd plummeted 4.73 percent, or 1015.0 points, ending at 20460.0, while Nisshin Steel Holdings Co Ltd dropped 3.82 percent, or 73.0 points, to 1839.0.

On the Tokyo Stock Exchange, falling stocks dominated the rising ones by 2477 to 932, while 168 remained virtually untouched.

The Nikkei Volatility, which gauges the implied volatility of Nikkei 225 options, rose 6.78 percent to17.65 a new 1-month high.

For other figures, crude oil for March delivery slumped 0.53 percent, or 0.34, to $64.16 per barrel. Brent oil for April delivery dipped 0.44 percent, or 0.30, set to hit $68.22 per barrel. February Gold futures contract climbed 0.52 percent, or 6.90, to trade at $1342.30 a troy ounce.

USD/JPY was 0.17 percent lower, while EUR/JPY inched 0.30 percent higher to 135.31. The US dollar Index Futures slumped 0.39 percent at 88.67.

More Companies in the Trillion-Yen Mark

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Japanese companies with more than 1 trillion yen ($9.19 billion) market cap grew in number over the past year as a result of the investors’ optimism for different sectors.

As most recent reports showed, more than 150 companies had market values over 1 trillion yen. Among the companies that are now at the trillion-yen mark are Misumi Group and Yaskawa Electric, which both have had rising earnings due to growing corporate investment in the automation of factories.

Companies that belong to the trillion-yen club make up 4 percent of the Tokyo Stock Exchange. For comparison, there were only 83 of such companies near the end of the year 1989. The current number of companies at the trillion-yen mark easily beats the previous peak of 111, which was reached in June 2007, just before the global financial crisis struck.

Corporate valuations have been rising since October last year due to the big number of investors pouring money into Japanese shares. This action followed the convincing win of the pro-business Liberal Democratic Party in the lower house election during that month.

Cosmetic makers also showed great potential in the market. More and more analysts expect Pola Orbis to again hit a record profit in 2018’s fiscal year ending on December 31. Pola Orbis’ market cap smashed the 1-trillion-yen mark on January 22. Meanwhile, Kose, which is another cosmetic company, reached beyond the 1-trillion-yen-mark in November last year.

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