Tokyo’s markets were lower on the session Wednesday after banks declined on news from US bank Wells Fargo (NYSE: WFC) that it had lost $892 million to bad home equity and consumer loans in the third quarter and that earnings will likely be hurt in the fourth quarter as well.

The Nikkei 225 was 1.07 percent lower to 16,955.31 while the Topix index dropped 1.54 percent to 1,600.29 and the Mothers market fell 1.05 percent to 824.34.

Mitsubishi UFJ (TYO: 8306; NYSE: MTU) was down 4 percent to ¥1,017 and Sumitomo Mitsui Financial Group (TYO: 8316) dropped 5.8 percent to ¥823,000.

Brokerage Nomura Holdings (TYO: 8604; NYSE: NMR; SGX: N33) fell 5.7 percent to ¥1,955.

Declines were also fed by losses in the steel and shipping sectors after the newly proposed rules in India there had investors worried about a slowing economy there if foreign money pulls out of the market.

In the steel sector, JFE Holdings (TYO: 5411) was 3.8 percent lower to ¥7,670, while shipper Mitsui OSK (TYO: 9104) dropped 3.4 percent to ¥1,930.

Some exporters were also lower on the day as the yen strengthened versus the US dollar.

Carmaker Toyota (TYO: 7203.T; NYSE: TM; LSE: TYT) was down 2 percent to ¥6,280 and game console manufacturer Nintendo (TYO: 7974; NAS: NTDOY; FWB: NTO) fell 3.1 percent to ¥68,400.

Toymaker and distributor Tomy (TYO: 7867), however, added 8.3 percent to ¥744 said that profits doubled in its first half on sales of Transformer toys and Nintendo consoles.

Tokyo markets came back from Monday’s holiday there with gains.

The Nikkei 225 was up 0.55 percent to 16,401.73, while the Topix index added 0.95 percent to 1,566.83 and the Mothers market added 0.88 percent to 631.45.

With the United Auto Workers declaring a strike against General Motors (NYSE: GM) in the United States, Japanese carmakers saw gains.

Toyota Motor (TYO: 7203.T; NYSE: TM; LSE: TYT) was 1.2 percent higher to ¥6,640 and Honda Motor (TYO: 7267; NYSE: HMC) was up 1.6 percent to ¥3,810.

Shippers were also higher after the Baltic Dry Index, which tracks bulk shipping fees, hit a new record.

Mitsui OSK (TYO: 9104) added 4.6 percent to ¥1,842, while Kawasaki Kisen Kaisha (TYO: 9107) gained 5 percent to ¥1,716.

It was Mitsui’s highest close since the beginning of August and a record high close for Kawasaki Kisen.

The real estate sector saw gains as well.

Mitsui Fudosan (TYO: 8801; NAS: MDSFF) was 4.1 percent higher to ¥2,955, while Mitsubishi Estate (TYO: 8802) was up 4.2 percent to ¥3,090.

Tokyo’s markets saw declines on Tuesday.

The Nikkei 225 fell 0.63 percent to 16,420.47 and the Topix index dropped 0.7 percent to 1,596.74, while the Mothers market was 0.1 percent lower to 733.41.

The utilities sector was lower after Kansai Electric Power (TYO: 9503) had halt power generation at a nuclear facility in western Japan due to a leak of radioactivity inside the plant.

Kansai dropped 2 percent to ¥2,690, while Tokyo Electric Power (TYO: 9501) dropped 1.6 percent to ¥3,030 on the news.

Clothing retailer Fast Retailing (TYO: 9983) was 3.6 percent lower to ¥6,490 on its declaration that it will continue to pursue acquisitions after recently failing to buy Barney’s New York.

The real estate sector was down 1.8 percent as a whole on the news that capital spending was down by 47 percent in the sector from the same quarter last year.

Mitsubishi Estate (TYO: 8802) dropped 1 percent to ¥3,010, while Mitsui Fudosan (TYO: 8801; NAS: MDSFF) was down 2.7 percent to ¥2,900.

House builder Sekisui House (TYO: 1928; OTC: SKHSY) fell 3.7 percent to ¥1,425.

In the transport sector, Kawasaki Kisen (TYO: 9107) dropped 0.78 percent to ¥1,535 and Mitsui OSK Lines (TYO: 9104) was down 1.1 percent to ¥1,725 after the price of dry freight rose again.

The Tokyo markets had the highest percentage gains in the Asia-Pacific region Friday, with the Nikkei 225 gaining 2.57 percent to 16,569.09 and the Topix adding 2.55 percent to 1,608.25.

The Mothers market saw a more modest gain of 1.87 percent to 729.66.

Stocks related to commodities were higher, with Sumitomo Metal Mining (TYO: 5405) up 5 percent to ¥2,300 and oil group Inpex (TYO: 1605) jumping 6 percent to ¥1.06 million.

Shippers were also higher.

Kawasaki Kisen Kaisha (TYO: 9107) was 3.7 percent higher to ¥1,496, while Mitsui OSK (TYO: 9104) gained 4.3 percent to ¥1,706.

A weakening yen helped export-focused stocks.

Sony (TYO: 6758; NYSE: SNE) had its biggest gain since early January as it added 5.5 percent to ¥5,580, while carmaker Toyota Motor (TYO: 7203.T; NYSE: TM; LSE: TYT) was 3.7 percent higher to ¥6,760.

The paper sector saw gains after a report that Nippon Paper (TYO: 3893) and Rengo Co (TYO: 3941), Japan’s biggest cardboard producer, will combine their cardboard operations next year.

Nippon gained 3.5 percent to ¥390,000 and Rengo was 7.6 percent higher to ¥723.

Banks were initially lower after Lehman Brothers (NYSE: LEH) reduced its profits forecasts on four investment banks, but Mitsubishi UFJ (TYO: 8306; NYSE: MTU) managed to bounce back from a 1.8 percent decline to a gain of 1.8 percent to ¥1.11 million. Mizuho (TYO: 8411; NYSE: MFG) was up 2.7 percent to ¥733,000.

After posting gains early in the session, the Nikkei 225 ended the session in Tokyo at 0.09 percent lower on Tuesday to 16,287.49 and the Topix index fell 0.2 percent to 1,584.6.

The Mothers market, however, managed a gain of 0.04 percent to 731.34.

Shippers were higher after Standard & Poor’s raised the credit rating of several companies to BBB.

Kawasaki Kisen Kaisha (TYO: 9107) added 1.2 percent to ¥1,485, while Nippon Yusen (TYO: 9101) was up 1.4 percent to ¥1,123 and Mitsui OSK (TYO: 9104) gained 1.5 percent to ¥1,652.

Nippon Sheet Glass (TYO: 5202) was 4.8 percent higher to ¥673 after Daiwa Securities (TYO: 8601) raised its recommendation to “buy”, while robot maker Yaskawa Electric Corp (TYO: 6506) gained 4.1 percent to ¥1,346 as Merrill Lynch (NYSE: MER; TYO: 8675) began coverage with a “buy” rating.

Banks were lower on the session, with Mitsubishi UFJ (TYO: 8306; NYSE: MTU) down 1.8 percent to ¥1.11 million and Sumitomo Mitsui (TYO: 8316) was 1.9 percent lower to ¥902,000.

In the electronics sector, Sony (TYO: 6758; NYSE: SNE) dropped 0.6 percent to ¥5,380 and Matsushita Electric Industrial (TYO: 6572; NYSE: MC) fell 1.5 percent to ¥2,000.

Tokyo’s markets were lower Friday.

The Nikkei 225 fell 0.41 percent to 16,248.97, while the Topix index was down 0.37 percent to 1,585.85 and the Mothers market declined 1.79 percent to 726.77.

The electronics sector was mixed.

Matsushita Electric Industrial (TYO: 6572; NYSE: MC) fell 0.5 percent to ¥2,015, although Toshiba (TYO: 6502; LSE: TOS) added 1.4 percent to ¥1,068.

Optical glass manufacturer Hoya (TYO: 7741; OTC: HOCP) dropped 3.4 percent to ¥3,930.

Honda Motor (TYO: 7267; NYSE: HMC) was 0.5 percent lower to ¥3,700.

Elsewhere in the auto sector, however, Hino Motors (TYO: 7205) and Isuzu Motors (TYO: 7202) were both higher on rumors that were denied by both parties that they would join to develop lower-emission diesel engines.

Isuzu added 2 percent to ¥565, while Hino was 3.3 percent higher to ¥782.

Shippers were higher on the session.

Mitsui OSK Lines (TYO: 9104) was up 1.1 percent to ¥1,619, while Kawasaki Kisen Kaisha (TYO: 9107) gained 1.2 percent to ¥1,619 and Nippon Yusen (TYO: 9101) advanced 1.8 percent to ¥1,116.

Camera makers were also higher, with Nikon (TYO: 7731) adding 2.7 percent to ¥3,370 and Canon (TYO: 7751; NYSE: CAJ) gaining 3.7 percent to ¥6,490.

Tokyo’s equities markets were higher on Tuesday.

The Nikkei 225 added 0.3 percent to 16,844.61, while the Topix index was up 0.3 percent to 1,637.46.

The Mothers market gained 0.62 percent to 722.26.

General traders, significantly lower in recent sessions, did better on the day.

Mitsubishi Corp (TYO: 8058; OTC: MSBHY) was 4.2 percent higher to ¥3,090, while Itochu (TYO: 8001) added 6.9 percent to ¥1,323.

Itochu had dropped 18 percent since the beginning of the month.

Home appliance retailers did very well as continued temperatures of over 35 degrees centigrade (95 degrees Fahrenheit) boosted sales of air conditioners.

Kojima (TYO: 7513) was 5.8 percent higher to ¥998, while Edion (TYO: 2730) jumped 9.9 percent to ¥1,210.

Shippers did better on the possibility that rates for shipping could go up as carriers worked near capacity.

Nippon Yusen (TYO: 9101) was up 3.4 percent to ¥1,147, while Kawasaki Kisen (TYO: 9107) added 4.3 percent to ¥1,549 and Mitsui OSK Lines (TYO: 9104) gained 4.6 percent to ¥1,698.

Declines came in financial services as subprime market worries continued.

Among banks, Sumitomo Mitsui (TYO: 8316) was 1 percent lower to ¥978,000, while Mitsubishi UFJ (TYO: 8306; NYSE: MTU) was down 1.7 percent to ¥1.14 million for its lowest close in nearly 2 years.

Insurer Millea Holdings (TYO: 8766) dropped 2.1 percent to ¥4,690.

Tokyo’s markets were mixed Monday.

While the Nikkei 225 gained 0.21 percent to 16,800.05, the Topix index dropped 0.08 percent to 1,632.64.

The Mothers market of small and mid-caps was up 0.65 percent to 767.49.

Shares related to commodities were higher during the day.

Sumitomo Metal Mining (TYO: 5405) gained 4.4 percent to ¥2,380, while metals smelter Mitsubishi Materials (TYO: 5711) was 9.8 percent higher to ¥639.

After losing 17 percent last week, Cosmo Oil (TYO: 5007) was up 4.2 percent to ¥547.

Shippers were up as well.

Mitsui OSK Lines (TYO: 9104) gained 1.5 percent to ¥1,623, while Kawasaki Kisen (TYO: 9107) added 3.9 percent to ¥1,485.

On the other hand, financial services and the retail sector were both lower.

Sumitomo Mitusi Financial Group (TYO: 8316) dropped 1.2 percent to ¥988,000, while insurer Mitsui Sumitomo (TYO: 8752) was 4.6 percent lower to ¥1,364.

Credit card issuer Credit Saison (TYO: 8253) was 5.3 percent lower to ¥2,840 after it said that it has seen costs related to bad loans go up by 41 percent.

In the retail sector, Aeon (TYO: 8267) was down 5.3 percent to ¥1,857, while electronics retailer Yamada Denki (TYO: 9831) fell 6.8 percent to ¥11,640.

In Tokyo the Nikkei 225 closed 2.4 percent lower to 17,283.81 on Friday, while the Topix index ended the session at 1,699.71, a drop of 2.2 percent.

The Mother’s market of small and mid-caps was down 1.51 percent to 839.27.

Export sectors were hit hard by worries that the global economy could slow.

Among carmakers, Toyota (TYO: 7203.T; NYSE: TM; LSE: TYT) fell 1.6 percent to ¥7,260, it lowest share price in six weeks, while Honda (TYO: 7267; NYSE: HMC) dropped 2.5 percent to ¥4,310.

Camera manufacturer Canon (TYO: 7751; NYSE: CAJ) was 5.5 percent lower to ¥6,510 even though it reported that its net profits were up 19 percent in the first half of 2007.

Games maker Nintendo (TYO:7974; NAS: NTODY; FWB: NTO) was down 6.2 percent to ¥58,000.

Shipper Mitsui OSK Lines (TYO: 9104) dropped 2.7 percent to ¥1,782.

Domestic sectors were also lower, still worried about Sunday’s elections as polls continue to say that the ruling Liberal Democrats could lose control of the Upper House of parliament.

In the retail sector, Seven & I (TYO: 3382) fell 1.2 percent to ¥3,390, while supermarket chain Aeon (TYO: 8267) was 4.6 percent lower to ¥1,917.

Among banks, Mitsubishi UFJ (TYO: 8306; NYSE: MTU) was down 3 percent to ¥1,290,000.

Tokyo’s equities markets declined Monday as Monday’s earthquake affected insurance and utilities shares.

The Nikkei 225 dropped 0.1 percent to 18,217.27, while the Topix index was 0.3 percent lower to 1,778.11.

Non-life insurers took a hit in expectation of large claims for property damage in the earthquake areas.

Millea Holdings (TYO: 8766; NAS: MLEA) fell 1.7 percent to ¥5,110, while Sompo Japan Insurance (TYO: 8755) was 2.3 percent lower to ¥1,474.

Also seeing declines after the earthquake was Tokyo Electric Power (TYO: 9501), which dropped 1.1 percent to ¥3,570 on reports that the quake had damaged one of its nuclear plants.

Carmakers were lower as well on a stronger yen.

Toyota Motor (TYO: 7203.T; NYSE: TM; LSE: TYT) was 1.6 percent lower to ¥7,560.

Shipping companies were higher on the session on positive broker comment, with Mitsui OSK Lines (TYO: 9104) was 2.6 percent higher to ¥1,828.

Two trading companies saw record highs in their share prices during the session.

Mitsui & Co (TYO: 8031; NAS: MITSY) gained 3 percent to close at ¥2,880, while Marubeni was 3.3 percent higher to ¥1,208.