周五，日经225指数下跌0.9%，收于38600点以下，东证指数下跌0.2%，收于2732点，扭转了前一交易日的涨幅，科技股领跌。日本股市也受到华尔街隔夜微弱领先的影响，在反弹至历史新高后，一些获利回吐冲击了市场。与此同时，本周早些时候的数据显示，日本经济在2024年第一季度年化收缩2%，这比市场预期的收缩1.5%还要糟糕，因为私人消费连续第四个季度下降。科技板块跌幅居前的是东京电子（-2.2%）、迪斯科公司（0.6%）、软银集团（-1.2%）、Socionext（-1.5%）和Recruit Holdings（-1.4%）。其他指数权重股也下跌，包括任天堂（-1.5%）、信越化学（-1.7%）和索尼集团（0.6%）。尽管如此，基准指数仍有望在本周结束时上涨。

The Nikkei 225 Index fell 0.9% to below 38,600 while the broader Topix Index lost 0.2% to 2,732 on Friday, reversing gains from the previous session, with technology stocks leading the retreat. Japanese shares also took cues from a weak lead on Wall Street overnight as some profit-taking hit the market following a rally to record highs. Meanwhile, data earlier this week showed that Japan’s economy contracted at an annualized 2% in the first quarter of 2024, coming in worse than market expectations for a 1.5% contraction as private consumption fell for the fourth straight quarter. Losses in the technology sector were led by Tokyo Electron (-2.2%), Disco Corp (0.6%), SoftBank Group (-1.2%), Socionext (-1.5%) and Recruit Holdings (-1.4%). Other index heavyweights also tumbled, including Nintendo (-1.5%), Shin-Etsu Chemical (-1.7%) and Sony Group (0.6%). Still, the benchmark indexes are on track to end the week with gains.

日本10年期政府债券收益率跌至0.93%以下，从超过六个月的高点回落，因投资者消化了日本弱于预期的GDP数据。2024年第一季度，该国经济年化收缩率为2%，由于私人消费连续第四个季度下降，收缩率低于市场预期的1.5%。与此同时，日本央行本周早些时候透露，它减少了本周将购买的日本政府债券数量，这是自3月份取消负利率政策以来的首次此类举措。周二，日本央行提出购买4250亿日元的日本国债，期限为5年以上至10年，比之前的操作减少了500亿日元。上周，日本央行行长上田一夫表示，“在退出大规模货币宽松政策的过程中，央行减少对日本国债的购买量是合适的。”

Japan’s 10-year government bond yield fell below 0.93%, retreating from over six-month highs as investors digested weaker-than-expected GDP data in Japan. The country’s economy contracted at an annualized 2% in the first quarter of 2024, coming in worse than market expectations for a 1.5% contraction as private consumption fell for the fourth straight quarter. Meanwhile, the BOJ revealed earlier this week that it reduced the amount of Japanese government bonds that it would purchase for the week, the first such move since lifting its negative interest rate policy in March. The BOJ offered to buy 425 billion yen of JGBs with maturities of more than 5 years up to 10 years on Tuesday, 50 billion less than its previous operation. Last week, BOJ Governor Kazuo Ueda said “it is appropriate for the Bank to reduce the amount of its JGB purchases as it proceeds with its exit from large-scale monetary easing.”

在东京，日经225指数周四上涨520点，涨幅1.36%。Credit Saison（12.09%）、Recruit Holdings（8.94%）和Japan Steel Works（6.78%）领涨。

In Tokyo, the Nikkei 225 Index gained 520 points or 1.36 percent on Thursday. Gains were led by Credit Saison (12.09%), Recruit Holdings (8.94%) and Japan Steel Works (6.78%).

2024年3月，日本工业生产环比增长4.4%，而此前一个月的闪光数据为增长3.8%和下降0.6%。这是自2022年6月以来工业产出增长最快的一次，主要由机动车辆（9.9%对2月的-8.1%）、生产机械（11.6%对-3.2%）以及电子零部件和设备（9.2%对0.2%）贡献。今年3月，工业产出同比下降6.2%，这是连续第五个月收缩，也是自2020年9月以来的最快速度。

Industrial production in Japan increased by 4.4% month-over-month in March 2024, compared with flash data of a 3.8% rise and after a 0.6% fall in the prior month. It was the steepest growth in industrial output since June 2022, largely contributed by motor vehicles (9.9% vs -8.1% in February), production machinery (11.6% vs -3.2%), and electronic parts and devices (9.2% vs 0.2%). Yearly, industrial output tumbled by 6.2% in March, the fifth straight month of contraction and the steepest pace since September 2020.