Today's Advancers and Decliners in Tokyo (TMIC, NTT, PIO, KYO, KNBWY, TDK, MLEA, SANYY, DCM)

It hasn't exactly been an exciting week in Tokyo. Perhaps the bulls should be happy anyway because the good news is after a very strong run-up last week the effects of profit taking have been minimal. Financial stocks have taken a hit however, as they seem to be out of favor, and the bank-heavy TOPIX has moved downward from its recent 1,500+ (5-year high) close. Tech on the other hand, which has lagged most of the year has been hot and that explains why the Nikkei 225 has been able to squeeze out modest gains this week in spite of falling financial stocks.

* Today's biggest advancers and decliners in Tokyo with ADRs include:

Trend Micro (ticker: TMIC) +4.0%, NTT (ticker: NTT) +3.37%, Pioneer (ticker: PIO) +1.79%, Kyocera (ticker: KYO) +1.16%, Kirin Brewery (ticker: KNBWY) +0.93%, and TDK (ticker: TDK) +0.87%. Both TDK and Kyocera were among top advancers yesterday, up +6.37% and +2.11% respectively.

Millea Holdings (ticker: MLEA) continues to take a beating this weak, down -4.63% after losing -3.57% yesterday. Also, Sanyo Electric (ticker: SANYY) was down - 1.81% and NTT DoCoMo (ticker: DCM) was down -1.54%.