Tokyo stocks opened lower Monday as investors locked in gains after the Nikkei index closed at an all-time high late last week.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 186.37 points, or 0.46 percent, from Friday to 40,702.06. The broader Topix index was down 19.84 points, or 0.71 percent, at 2,793.38.
On the top-tier Prime Market, decliners were led by pulp and paper, marine transportation and bank shares.
At 9 a.m., the U.S. dollar fetched 151.30-31 yen compared with 151.44-54 yen in New York and 151.39-41 yen in Tokyo at 5 p.m. Friday.
The euro was quoted at $1.0805-0809 and 163.48-55 yen against $1.0803-0813 and 163.64-74 yen in New York, and $1.0824-0825 and 163.87-91 yen in Tokyo late Friday afternoon.
