TOKYO, May 8 (Reuters) - Japan's Nikkei share average
pulled back on Friday from a record high set in the last
session, as SoftBank Group fell and renewed U.S.-Iran
hostilities weighed on investor sentiment.
The Nikkei was down 0.3% at 62,636.00, as of 0104
GMT. It jumped 5.6% on Thursday to close at a record high after
crossing the psychological level of 63,000 for the first time.
The broader Topix was down 0.66% at 3,815.09.
"Compared with the previous session's sharp gains, the
decline in today's market is marginal," said Hitoshi Asaoka,
chief strategist at Asset Management One.
Also weighing on the market was a rise in crude oil prices
after the United States and Iran exchanged fire and put a
month-long Middle East ceasefire in doubt.
Technology investor SoftBank Group fell 4.6% to
drag the Nikkei lower the most after the U.S.-listed shares of
Arm Holdings tumbled overnight on smartphone market
weakness and AI chip supply concerns.
Fibre optic cable maker Fujikura ( FKURF ) lost 1.18%.
Bank shares weighed on the Topix, with Mitsubishi UFJ
Financial Group ( MUFG ) and Mizuho Financial Group ( MFG )
losing 2.11% and 3.54%, respectively.
Sony Group ( SONY ) slipped 2.3%.
Chip-testing equipment maker Advantest ( ADTTF ) reversed
early losses to rise 1%.
Silicon wafer maker Sumco ( SUMCF ) jumped 10.22% to become
the top percentage gainer on the Nikkei.
Robot maker Fanuc ( FANUF ) rose 7.4%.
Of the more than 1,600 stocks trading on the Tokyo Stock
Exchange's prime market, 69% fell, 27% rose and 3% traded flat.