Tokyo stocks opened sharply lower Friday, weighed down by an overnight decline on Wall Street and concern over the economic impact of a rise in crude oil futures.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 364.87 points, or 1.34 percent, from Thursday to 26,807.13. The broader Topix index was down 25.16 points, or 1.32 percent, at 1,882.89.
On the top-tier Prime Market, decliners were led by precision instrument, electric appliance and metal product issues.
At 9 a.m., the dollar fetched 126.17-18 yen compared with 125.84-94 yen in New York and 125.33-34 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.0821-0823 and 136.53-56 yen against $1.0823-0833 and 136.33-43 yen in New York and $1.0908-0909 and 136.71-75 yen in Tokyo late Thursday afternoon.