Japan's Nikkei ends lower as investors gauge corporate earnings

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Japan's Nikkei experienced a reversal, closing lower at 40,998.27 due to profit-taking after a recent surge and concerns about corporate earnings justifying current equity levels. Chip-related shares significantly declined, with Advantest and Screen Holdings leading the losses. Conversely, Fanuc stood out, gaining 5% following a nearly 30% jump in quarterly operating profit.