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Tokyo shares fell on Monday as weak US jobs data soured risk appetite, but Sharp Corp jumped after a source said it may spin off its LCD panel business and seek financing from a government-backed fund.
The Nikkei 225 index ended 0.2 per cent lower at 19,397.98 points. The broader Topix dropped 0.2 per cent to 1,560.71, with only 1.592 billion shares changing hands, the lowest since August 2014. The JPX-Nikkei Index 400 also shed 0.2 per cent to 14,182.88.
Sharp jumped 6.1 per cent after a source said it may spin off its LCD panel business and seek funding for it from the government-backed Innovation Network Corporation of Japan (INCJ).
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