Japan's Nikkei hits over 5-week low as yen strengthens

Japan’s Nikkei share average hit a five-week low as the yen's rise against major currencies impacted investor sentiment. Chip-related stocks, following U.S. peers, declined sharply. Renesas Electronics notably fell after a significant profit decline. Nichirei and Sapporo Holdings were among the few gainers. Majority of Tokyo Stock Exchange's industry sub-indexes faced declines.