In Tokyo on Wednesday the Nikkei 225 added 0.64 percent to 17,029.28, while the Topix index gained 0.53 percent to 1,669.04.

On the other hand, the Mothers market dropped 2.15 percent to 783.78.

Condiments maker Bull-Dog Sauce (TYO: 2804) dropped 16 percent, the most the exchange allows in a day, to ¥530 after it revised its annual profit forecast from a gain of ¥500 million to a loss of ¥980 million due to its spending to repel a hostile takeover by hedge fund Steel Partners, which said that it was reducing its bid for Bull-Dog Sauce from ¥1,700 per share to ¥425 per share.

With machinery orders down 10.4 percent in June, much more than analysts had expected, machinery makers saw declines. Komatsu (TYO: 6301) fell 4.6 percent to ¥3,550 while Amada Co (TYO:6113), which produces metal cutting machines and automation systems, dropped 5.6 percent to ¥1,345.

Banks, down recently, saw gains after a series of declines. Mitsubishi UFJ (TYO: 8306; NYSE: MTU) gained 3.5 percent to ¥1.2 million, while Mizuho (TYO: 8411; NYSE: MFG) was up 3.6 percent to ¥712,000.

The telecommunications sector was also higher as new data showed that several mobile phone operators have gained subscribers.

NTT DoCoMo (TYO: 9437) was 3 percent higher to ¥171,000, while Softbank (TYO: 9984) was up 4.5 percent to ¥2,555 and KDDI (TYO: 9433) gained 5.2 percent to ¥808,000.

Besides the new subscriber data, KDDI was also reported to be joining with Kyocera (TYO: 6971; NYSE: KYO), its biggest shareholder, to apply for the necessary permits to offer wireless internet services.

The Nikkei 225 was fractionally higher Monday, adding 5.49 points to 17,289.3, while the Topix index gained 0.4 percent to 1,705.71.

The Mothers market of small and mid-cap stocks was 1.63 percent higher to 852.93.

The gains came despite predicted declines after the ruling Liberal Democratic party lost its control of the upper house of Japan’s parliament, the Diet, in Sunday’s elections.

The steel sector saw gains after JFE (TYO: 5411) said its operating profit in the quarter ending in June was up 59 percent and income was 63 percent higher.

JFE added 5 percent to ¥8,350.

Nippon Steel (TYO: 5401) also announced a profit increase and Nippon Metal (TYO: 5479) said its income was a ¥3.5 billion, up from ¥75 million last year at the same time.

Quarterly reports helped some in the electronics sector as well, where Mitsubishi Electric (TYO: 6503) was 9.9 percent higher to ¥1,266 after it said that profits were up by 63 percent in the most recent quarter.

On the other hand, Sony (TYO: 6758; NYSE: SNE) was down 1.1 percent to ¥6,350.

In the automobile manufacturing sector Toyota Motor (TYO: 7203.T; NSYE: TM; LSE: TYT) gained 0.1 percent to ¥7,270 after early declines.

Sectors that are domestically focused were lower after more price cuts were announced by NTT DoCoMo (TYO: 9437), which then dropped 2.4 percent to ¥166,000.

KDDI (TYO: 9433) was also lower, falling 2.1 percent to ¥793,000.

Softbank (TYO: 9984), which also has a mobile phone unit, was 1 percent lower to ¥2,490.

In Tokyo, the Nikkei was 0.2 percent higher on Tuesday to 18,002, while the Topix index advanced 0.5 percent to 1,765.99 and the Mothers market of small and mid-caps jumped 1.98 percent to 852.21.

Tokyo Electric Power (TYO: 9501) was higher after several sessions of losses after last week’s earthquake damaged one of its nuclear power plants, adding 3.4 percent to ¥3,340.

Also managing a comeback was the telecommunications sector, which had been lower after two mobile operators announced price cuts.

KDDI (TYO: 9433) had the best rebound in the sector, gaining 4.8 percent to ¥870,000 on a 15.6 gain in operating profits in the quarter ending in June.

Elsewhere in the sector, NTT DoCoMo (TYO: 9437) was 1.1 percent higher to ¥178,000 and Softbank (TYO: 9984) was up ¥2,620.

The banking sector also saw gains.

Mitsubishi UFJ (TYO: 8306; NYSE: MTU) was 0.77 percent higher to ¥1,310,000, while Mizuho Financial (TYO: 8411; NYSE: MFG) gained 2.1 percent to ¥857,000 and Resona Holdings (TYO; 8308) added 4.1 percent to ¥280,000.

The Tokyo equities markets were lower on Monday as the Nikkei 225 and the Topix index each dropped 1.1 percent, to 17,963.64 and 1,757.29 respectively.

The declines came after losses in New York on Friday and on polls over the weekend that showed Japan’s ruling party could see a defeat in next Sunday’s elections for the Upper House of its parliament.

Some analysts believe that a major defeat could mean a resignation from Prime Minister Shinzo Abe that could send both equities and the yen lower, at least temporarily.

Tokyo Electric Power (TYO: 9501) saw another loss, falling 2.7 percent to ¥3,230 in the wake of last week’s earthquake.

Also seeing further losses was the telecommunications sector, after some major mobile phone providers cut prices last week.

KDDI (TYO: 9433) was 2.7 percent lower to ¥830,000, while NTT DoCoMo (TYO: 9437) dropped 2.8 percent to ¥176,000.

Softbank (TYO: 9984), which did not announce a price cut, was down 3.4 percent to ¥2,575.

The construction machinery sector was lower after a worse-than-expected quarterly report from US company Caterpillar (NSYE: CAT).

Hitachi Construction Machinery (TYO: 6305) fell 1.2 percent to ¥4,980, while Komatsu (TYO: 6301) dropped 1.3 percent to ¥3,940.

The Tokyo equities markets saw gains on Friday.

The Nikkei 225 gained 0.2 percent to 18,157.93 and the Topix closed at 1,776.17, 0.5 percent higher on the session.

In the electronics sector, Matsushita Electric Industrial (TYO: 6572; NYSE: MC), which makes the Panasonic brand of consumer electronics, added 1.5 percent to ¥2,385.

The steel sector was also higher, with Nippon Steel (TYO: 5401) adding 3.9 percent to ¥955 after it was reported that Japan’s output of crude steel was at a 33-year high in the first half of 2007.

On the other hand, the telecommunications sector was lower after KDDI (TYO: 9433) and Softbank (TYO: 9984) both decided to cut fees to mobile phone users.

NTT DoCoMo (TYO: 9437) fell 1.1 percent to ¥181,000, while Softbank dropped 2.7 percent to ¥2,665 and KDDI was 6.1 percent lower to ¥853,000.

The consumer finance sector also saw losses.

Sanyo Shinpan (TYO: 8573) was 2.2 percent lower to ¥3,520, while Takefuji fell 5.4 percent to ¥3,820 and Promise was down 6.6 percent to ¥3,540.

Stock market declines continued in Japan on Monday, with the Nikkei 225 down 3.3 percent to 16,642.25, beginning with a drop of over 340 points in the first fifteen minutes of the session and ending up 575.68 points lower on the session. The Topix index was also lower, falling 3.4 percent to 1,662.71. The Mothers market of small and mid-cap stocks was 7.4 percent lower to 988.14, its lowest closing level ever. Losses came in both domestic and export-focused sectors.

Automobile manufactures dropped 3 percent as a whole, with Toyota (TYO: 7203.T; NYSE: TM; LSE: TYT) down 3.2 percent to ¥7,460. Meanwhile, machinery makers were down 4.7 percent as a sector. Komatsu (TYO: 6301), which makes construction equipment, fell 4.1 percent to ¥2,475.

Among domestic sectors, consumer finance lenders saw declines. Aiful (TYO: 8515) was 7.6 percent lower to ¥2,920.

The real estate sector was down 4.4 percent as a whole. Sumitomo Realty & Development (TYO 8830) did even worse than the sector as it dropped 6.6 percent to ¥4,400.

In the telecommunications sector, Softbank (TYO: 9984) was down 6.4 percent to ¥2,565, hurt by brokerage warnings about its accounting practices last week.

In Tokyo on Monday the Nikkei 225 and the Topix index each added 0.3 percent on the session, to close at 17,470.46 and 1,733.59 respectively.

Export-focused sectors benefited as the yen weakened versus the US dollar. The machinery sector gained 1.4 percent as a whole, with Komatsu ending 3.4 percent higher to ¥2,560.

The steel sector gained on the news that JFE is in talks with South Korea’s Hyundai Steel. Nippon Steel added 1 percent to ¥711, while JFE was 1.6 percent higher to ¥6,800.

Word of a bird flu outbreak in Japan translated to gains for Chugai Pharmaceutical, the manufacturer of Tamiflu, which is believed to be effective against the disease in humans. Chugai added 1.8 percent to ¥2,780 on the session.

Internet and telecommunications company Softbank added 5.6 percent to ¥2,735 on an upgrade from Credit Suisse. The broker upped its recommendation from “under perform” to “outperform” and raised its target share price from ¥1,340 to ¥3,110.

In the retail sector, news that Wal-Mart could be looking for acquisitions in Japan sent its Japanese division, Seiyu, 13.1 percent higher to ¥190 on merger hopes.

The Japanese equities markets were significantly higher on Friday. The Nikkei 225 added 1.3 percent to 17,057.01, while the Topix index gained 1.7 percent to 1,685.27. Export-focused sectors were largely responsible for the gains, helped out by a weaker yen.

The electronics sector was up 2 percent as a whole. Hitachi added 1.3 percent to ¥790, while Sony gained 2.4 percent to ¥5,560 and Matsushita Electric Industrial was 3.3 percent higher to ¥2,385. Matsushita, which makes the Panasonic brand of consumer electronics, had seen losses earlier in the week in connection to its announced plans to build a new factory to manufacture plasma displays.

The automobile manufacturing sector was also 2 per cent higher, with Toyota up 2.1 percent to ¥7,820.

The banking sector was 2.5 percent higher ahead of a Bank of Japan meeting to decide on interest rates, scheduled for next week. Mitsubishi UFJ gained 2.7 percent to ¥1,510,000.

Telecommunications companies had mixed results on the session. NTT DoCoMo added 0.5 percent to ¥193,000, while KDDI was 3.1 percent higher to ¥808,000 on new data that showed its share of the mobile phone market higher since October. Softbank, however, dropped 1 percent to ¥2,460.

In the retail sector, Fast Retailing dropped 13.6 percent to ¥9,600 when it reduced its full-year profit expectations.

Tokyo equities markets were higher on Thursday even though the non-ferrous metals sector declined by 0.4 percent after commodities prices fell in the overnight hours. The Nikkei 225 added 0.6 percent to 16,473.36, while the Topix index gained 0.5 percent to 1,622.77.

The recent advances in the consumer finance sector seemed to be slowing down. Takefuji remained steady at ¥4,770 and Credit Saison was 0.9 percent higher to ¥4,300. Only Aiful managed a significant gain, adding 4.1 percent to ¥3,850.

Two companies made their trading debuts on the session, but both IPOs suffered losses on their first day. Independent investment research business Japaninvest debuted with an IPO price fo ¥150,000 but closed down to ¥135,000. Meanwhile, internet service provider Nifty’s IPO price was ¥210,000; it ended the session at ¥203,000.

In the telecommunications sector, results were mixed. KDDI added 0.3 percent to ¥784,000, but Softbank dropped 0.4 percent to ¥3,475 and NTT DoCoMo fell 1.1 percent to ¥180,000 on the news that it has lost subscribers for the first time.

Among companies that deal in non-ferrous metals, Toho Zinc dropped 0.4 percent to ¥979, while Sumitomo Metal Mining fell 0.7 percent to ¥1,524 and Mitsui Mining $ Smelting was 1.3 percent lower to ¥551.

In Tokyo on Tuesday the equities markets were mixed, with the Nikkei225 down 0.2 percent to 15,855.26 while the Topix added 0. Percent to 2,555.11. The Mothers market of small and mid-cap stocks gained 1.5 percent to 1,118.55.

Export stocks were generally lower. In the automobile manufacturing sector, Toyota fell0.7 percent to ¥6,830 while Honda dropped 2.5 percent to ¥3,940. The electronics sector also saw losses. Sanyo Electric was 1.2 percent lower to ¥168 on the announcement that it will see losses for the third year in a row, while Sony dropped 1.7 percent to ¥3,970.

The real estate sector added 1.4 percent as a whole, with Sumitomo Realty & Development gaining 1.5 percent to ¥3,480. In the telecommunications sector, meanwhile, Softbank was up 2.4 percent to ¥2,370. Still, not all domestic sectors saw positive movement. The retail sector dropped 0.6 percent, with Aeon down 0.8 percent to ¥2,660.