Japanese Shares Drop, Led by Exporters as Yen Gains; Canon, Nintendo Slide

(Bloomberg) -- Japanese stocks fell, led by
exporters including Canon Inc. and Nintendo Co. on concern yen
gains versus the dollar will erode the value of their U.S. sales.

Millea Holdings Inc. led insurers lower for a second day on
speculation a July 16 earthquake will result in increased claims.
Tokyo Electric Power Co. declined on speculation one of the
company's nuclear plants will be shut for up to three months due
to quake damage.


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