Nikkei 225 closes down 0.3% at 62,693.16; Topix falls 0.8%

The divergence matters more than the headline: Topix's larger decline signals weakness across the broader Japanese market rather than a narrow drag from heavyweight names, while Kospi's modest gain shows the selling wasn't uniformly regional. For markets, that points to Japan-specific factors rather than a shared Asia risk-off impulse. Whether the Topix's underperformance versus the Nikkei persists in the next session is the open question, along with whether Korea's relative strength holds if Japanese selling deepens.