TOKYO stocks have ended 1.35 per cent lower on profit-taking, with selling pressure fuelled by a rebound in the yen after recent weakness.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange on Friday closed down 122.14 points at 8,933.06, while the broader Topix index of all first-section issues was down 1.36 per cent, or 10.19 points, at 741.23.
Hirokazu Fujiki, strategist at Okasan Securities, said: "The market is now subject to negative factors as players are trying to lock in profits."
The dollar topped Y80 on Thursday, driven by upbeat US jobs and sales figures as well as speculation the Bank of Japan (BoJ) was likely to expand an Y80 trillion ($A969.81 billion) asset-purchase program to help boost the flagging economy.
But the greenback weakened in late Tokyo trade, dipping below the psychologically important Y80 level.
"It's still all about expectations for BoJ easing," Monex market analyst Toshiyuki Kanayama told Dow Jones Newswires.
"If the central bank decides to dramatically expand its asset purchases to include, for example, exchange-traded funds, which it is currently considering, the Nikkei could hit 9,300."
Computer-related firms were mixed after Microsoft launched a revamped version of its flagship Windows system, with Fujitsu down 2.26 per cent to Y302 while NEC was unchanged at Y140.
Canon fell 3.21 per cent to Y2,560 after the camera and printer maker said late on Thursday that it would earn less than expected in its latest fiscal year as third-quarter earnings dived by more than a third.
Sharp Corp rose 3.75 per cent to Y166 after the Asahi Shimbun reported the struggling consumer electronics firm was seeking talks with US tech companies over a possible tie-up.
Panasonic shares were off 2.76 per cent at Y493 on reports it may shut down its European mobile phone sales business.
On currency markets, the dollar bought Y79.84 against Y80.26 in New York late on Thursday, where it had touched a four-month high of Y80.34.
The euro changed hands at Y103.38 and $US1.2934 against Y103.78 and $US1.2930.
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