TOKYO, March 14 Japanese stocks edged down on
Tuesday ahead of an expected U.S. interest rate hike, while
Toshiba shares were volatile, due to its delayed earnings
filing and concerns about its restructuring plan.
The Nikkei share average shed 0.1 percent to
Toshiba Corp dove as much as 8.3 percent in the
morning after the company said that it asked regulators to
extend for one month its Tuesday deadline for its third-quarter
But the stock reversed course in the afternoon, after
Toshiba said the company received the extension and it will
speed up whether it should sell a majority of its overseas
nuclear power business. The stock ended the day 0.5 percent
Toshiba was the most traded stock by turnover.
The broader Topix dropped 0.2 percent to 1,574.90
and the JPX-Nikkei Index 400 shed 0.2 percent to
(Reporting by Ayai Tomisawa)