Tokyo equities markets were higher on Thursday after the yen fell to yet another record low in relation to the euro. The yen fell in reaction to weak industrial output data. Export-focused stocks did especially well as investors believed that the euro’s strength against the yen would make Japanese goods more attractive to European shoppers. The Nikkei 225 added 1.7 percent to 16,140.76 and the Topix index was 1.4 percent higher to 1,634.46.

Camera makers Canon and Konica Minolta were both higher, up 2.3 percent to ¥5,840 and 4.7 percent to ¥1,535 respectively. Carmakers also saw gains. Toyota Motor added 1.3 percent to ¥6,370, while Nissan Motor gained 2.4 percent to ¥1,334.

Some domestic sectors were also up on the day. In the banking sector, for example, Mitsubishi UFJ was up 0.6 percent to ¥1,600,000 after announcing plans for expansion in Indonesia. SMFG advanced by 2.3 percent to ¥1,320,000.

Reports that it will enter into an operations agreement with Nippon Paper Group, Hokuetsu Paper Mills added 2.3 percent to ¥725. Most analysts believe that such a deal will effectively block Oji Paper’s attempt to take over Hokuetsu. Oji was up 0.9 percent to ¥666, while Nippon Paper gained 3.3 percent to ¥436,000.

Japan Airport, which runs Tokyo’s main domestic airport, added 7.9 percent to ¥1,438 on the announcement that the Japan Olympic Committee will put forward Tokyo as a candidate for host city for the 2016 Summer Olympics.

Equities markets were down in Tokyo on Friday as investors in export-focused stocks worried that new rises in crude oil prices would dampen consumer demand in the United States. The decision by the Bank of Japan to raise interest rates for the first time in six years seemed not to have much of an effect on the markets at all, except perhaps in the banking sector.

The Nikkei 225 dropped 1.7 percent to 14,845.24, while the Topix index fell 1.9 percent to 1,521.71. It was the first time the Nikkei had gone below the 15,000 level in more than two weeks.

Sony was hurt not only by concerns about consumer demand but also by a decision in a European court that rescinded the European Union’s approval of an alliance with BMG. The ruling affected the music industry on a global scale and sent Sony’s shares 2.8 percent lower, to ¥4,790. Elsewhere in the electronics sector, Konica Minolta dropped 2.3 percent to ¥1,363, while Canon also declined by 2.3 percent, to ¥5,490. Matsushita Electric Industrial was down by 2.5 percent to ¥2,170.

The automobile manufacturing sector also saw losses. Nissan declined by 1.3 percent to ¥1,188. Honda and Toyota were each 1.7 percent lower, to ¥3,500 and ¥5,720 respectively. Mazda dropped 2.1 percent to ¥735.

Banks were down as investors lost confidence in the sector due to the increase in borrowing costs inherent in the rise in interest rates. Losses ranged from 2.2 percent, by Mizuho, which closed at ¥961,000, to the Bank of Yokohama’s 3.5 percent decline to ¥909.

Equities markets in Tokyo saw declines on Wednesday amid a round of profit-taking as investors awaited the decision on interest rates from the US Federal Reserve. The Nikkei 225 dropped 1.4 percent to 16,951.93, while the Topix index lost 1.3 percent to 1,725.06. Export-dependent shares were especially hard-hit by the weakening dollar.

Camera makers were hard-hit. Nikon dropped 2.2 percent to ¥2,230, while Konica Minolta was down 2.7 percent to ¥1,470.

Kyocera, which manufactures electronics parts, declined by 2.6 percent to ¥10,110.

Japan Air Lines was down 1.9 percent to ¥305 after it said it had lost ¥47.2 billion in the fiscal year ending in March. The air carrier, which has had its reputation harmed by several safety problems, had been expected to lose about that much. While the number of group passengers using the airline grew during the year, individual passenger traffic was down.

In the automobile manufacturing sector, Toyota dropped 0.7 percent to ¥6,680. After the market closed for the day the carmaker said that its net profits were up 17 percent in the last fiscal year but that they would likely be down 4.4 percent in the current fiscal year due to currency fluctuations and high prices for raw materials.

Profit-taking sent the Tokyo equities markets lower on Tuesday. The Nikkei 225 ended the day down 0.2 percent to 17,292.91, while the Topix index lost 0.3 percent to 1,749.65.

Despite the declines, some sectors saw gains. The rise in metals prices sent miners up. Sumitomo Metal Mining added 1.2 percent to ¥1,659, while Mitsubishi Materials gained 2.2 percent to ¥643.

Sea transport gained 1.4 percent as a sector as the yen weakened. Nippon Yusen added 1.9 percent to ¥746 and Mitsui OSK Lines gained 1.7 percent to ¥825.

Some advances were also brought about by broker upgrades. Ajinomoto, which makes food seasonings, added 8.9 percent to ¥1,373 on an upgrade from “sell” to “buy” by Merrill Lynch. In the real estate sector, Tokyo Tatemono was up 3.1 percent to ¥1,350 on an upgrade from Daiwa Research Institute.

Banks lost 0.9 percent, with Mitsubishi UFJ down 1.6 percent to ¥1,810,000.

Export-dependent stocks declined despite the weakening yen. Auto maker Honda dropped 0.5 percent. Chipmaker Elpida Memory was down 1.1 percent to ¥4,390. Consumer electronics manufacturer Sharp declined by 1.4 percent to ¥2,080. Camera manufacturer Konica Minolta dropped 1.6 percent to ¥1,523.