Agence France-PresseMay 27, 2013 20:00
Tokyo stocks opened 1.41 percent lower on Tuesday after skidding more than three percent the previous day on profit-taking and a stronger yen.
The Nikkei 225 index, which fell 3.22 percent Monday, was 199.03 points lower to 13,943.62 points at the start.
The benchmark index may fall to 13,500 in the coming weeks as a correctional phase after months of rapid rises has likely started, said Yoshihiro Okumura, general manager of research at Chibagin Asset Management.
"We'll be in a correctionary phase for a month or two," he said.