# Nikkei Drops 404 Yen as SoftBank Drags Market

> Tokyo stock index falls 404 yen after SoftBank Group alone pushes down 206 yen.
- Title: Nikkei Drops 404 Yen as SoftBank Drags Market · BigGo Finance
- Summary: Tokyo stock index falls 404 yen after SoftBank Group alone pushes down 206 yen. The Nikkei Stock Average dropped 404.35 yen to 64,512.35 yen at morning…
- Keywords: nikkei, softbank group, fujikura, kyocera, advantest, coreweave, topix, tokyo stock exchange, finance, markets, Drops, 404
- Source: BigGo Finance — https://finance.biggo.com/news/792069dd-3ad8-4046-9e6a-509947fbe2b9
- Author: BigGo Finance
- Published: 2026-10-20T04:55:20+00:00
- Read time: 1 min
- Topics: nikkei, softbank group, fujikura, kyocera, advantest, coreweave, topix, tokyo stock exchange, finance, markets
## Nikkei Stock Average
The Nikkei Stock Average fell for a second straight session at morning close, down 404.35 yen to 64,512.35 yen.
## SoftBank Group Impact
SoftBank Group alone pushed the index down by about 206 yen, the largest single contributor to the decline.
## Key Decliners
Fujikura and Kyocera also declined, adding to the Nikkei's downward pressure with 40.45 yen and 34.25 yen losses respectively.
## AI Sector Concerns
Concerns over CoreWeave's financing situation weighed on AI-related shares, with high US interest rates and crude oil prices also affecting the market.
## Semiconductor Buying
Buying returned to semiconductor stocks like Advantest, lifting the Nikkei by 116.50 yen at the session's end.
## Market Reaction
Over 80% of Tokyo Stock Exchange Prime Market stocks declined, showing broad-based investor caution.
## Market Outlook
Investors remain cautious, with earnings performance likely to determine a market turnaround.
## Key takeaway

The Nikkei Stock Average dropped 404.35 yen to 64,512.35 yen at morning close, with SoftBank Group accounting for 206 yen of the decline.