Tokyo stocks opened flat Wednesday, as investors examine the earnings of Japan's major corporations with the start of the reporting season.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 4.38 points, or 0.02 percent, from Tuesday to 27,303.57. The broader Topix index was up 0.66 point, or 0.03 percent, at 1,973.58.
On the top-tier Prime Market, gainers included iron and steel, marine transportation, and electric power and gas shares. Decliners were led by service, wholesale and chemical issues.
At 9 a.m., the U.S. dollar fetched 130.21-24 yen compared with 130.11-21 yen in New York and 129.85-87 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at $1.0888-0892 and 141.77-86 yen against $1.0883-0893 and 141.72-82 yen in New York and $1.0889-0890 and 141.40-44 yen in Tokyo late Tuesday afternoon.