Tokyo equities markets saw decline on Monday as the Nikkei 225 fell 0.6 percent to 16,022.46 after going below 16,000 earlier in the day. The Topix index was 0.8 percent lower to 1,568.76.

The losses came on anticipated gross domestic product figures, due Tuesday, which many expect will say that the Japanese economy only grew at a 1 percent annual rate in the third quarter. If these figures turn out to be correct, it would be the slowest expansion in the Japanese economy since 2004. Furthermore, data released Friday showed that machinery orders were down 7.4 percent in September from the same month last year. Both news items increased concerns that Japan’s economic recovery is losing momentum.

Declining demand for fixed-line telephones led to a 9.4 percent drop in operating profits in the fiscal first half for NTT, which dropped 1 percent on the session to ¥571,000.

Video game and slot machine maker Sega Sammy fell 8.4 percent to ¥2,030 on a full-year profit prediction that was lowered by 20 percent.

In the retail sector, Fast Retailing closed 2.3 percent lower to ¥9,990. In other domestically-focused sectors, SMFG, one of Japan’s leading banks, dropped 1.6 percent to ¥1.22 million, while machinery products manufacturer Fanuc fell 0.9 percent to ¥10,360.

Tokyo equities markets were higher on Friday. The Nikkei 225 added 1 percent to 16,536.54, it’s highest close in five months, while the Topix index added 0.9 percent to 1,628.00. The Mother’s index of small and mid-cap stocks added 5.3 percent to 1,140.02 after losses at the beginning of the week.

The retail sector saw a number of gains. Seven & I was 2.6 percent higher to ¥3,880. Aeon added 3.6 percent to ¥2,760 after it was reported that it would purchase a stake in Daiei, which was up 3.7 percent to ¥1,955 on the news. Aeon later said it would discuss buying 15 percent of Daiei. Discount retail chain Don Quijote gained 7.2 percent to ¥2,310 on an upgrade from “neutral” to “outperform” from Credit Suisse.

The major exception to the gains by retailers came from Fast Retailing, which dropped 2.90 percent to ¥11,240 even though it said its annual earnings were up by 19 percent and that they would be another 10 percent higher next year. The decline came on a downgrade from Mizuho Securities.

There were gains in the electronics sector, as well, with the exception of game machine manufacturer Sega Sammy, which fell 7.7 percent to ¥3,100 on disappointment with sales of its pachinko machines. Hitachi added 1.3 percent to ¥699, while Matsushita Electric Industrial gained 2.9 percent to ¥2,635 and Sony was 3.7 percent higher to ¥4,760 on an upgrade from “equal weight” to “overweight” from Morgan Stanley.