Stocks turned down on the Tokyo Stock Exchange on Friday, pressured by position-adjusting sales.
The 225-issue Nikkei average closed down 70.85 points, or 0.53 percent, at 13,388.86. On Thursday, the key market gauge climbed 121.25 points.
The TOPIX index of all First Section issues fell 10.46 points, or 0.94 percent, to end at 1,106.65 after advancing 2.48 points the previous day.
Stocks were buoyant in early trading after the European and U.S. markets advanced overnight partly thanks to better-than-expected U.S. economic data and receding concerns about the situation in Syria. Also helped by the yen's weakness, the Nikkei average briefly rose more than 150 points shortly after the opening bell.
But the market lost steam soon as investors moved to sell stocks to adjust their positions ahead of the weekend and a host of key events next week.
Prime Minister Shinzo Abe lodged a protest with U.S. President Barack Obama over the incident which led to an arrest of an American man working at a U.S. military base in Okinawa Prefecture on suspicion of abandoning the body of a Japanese woman during their bilateral meeting in Shima, Mie Prefecture, on Wednesday night. (the-japan-news.com)
Japanese Prime Minister Shinzo Abe on Wednesday made a pilgrimage to the Ise Grand Shrine, the holiest site in Japan's Shinto religion, a day before he hosts a Group of Seven (G-7) summit nearby. (Japan Today)
A panel of Tokyo's Metropolitan Police Department came up with a report on Wednesday calling for legal regulations on the so-called JK business, in which high school girls offer such services as massage and dating. (Jiji Press)
Most of the 750 million yen ($6.8 million) in relief money for victims of the powerful earthquakes that hit Kumamoto Prefecture in southwestern Japan last month has not been disbursed, local government officials said Tuesday. (Japan Today)
Hyogo Prefectural Police have arrested a 67-year-old man for attacking a 61-year-old female neighbor and her daughter, who later died, at an apartment building in Amagasaki City, reports NHK (May 20). (Tokyo Reporter)