Tokyo stocks fell on Friday, snapping a four-day winning streak, with investors cautious ahead of a potentially contentious Group of Seven summit and a historic US-North Korea summit. The benchmark Nikkei 225 index slipped 0.56 percent, or 128.76 points, to close at 22,694.50, but was up 2.36 percent over the week.
The broader Topix index was down 0.42 percent, or 7.57 points, at 1,781.44, logging a weekly gain of 1.84 percent.
"Investors cashed in on the recent gains," Toshikazu Horiuchi, a broker at IwaiCosmo Securities, told AFP, adding: "But bottomline support remained solid," Horiuchi told AFP.
SBI Securities also said in a commentary: "A wait-and-see mood is likely to spread as it is difficult to take positions actively as investors wait for the outcome of the G7 meeting in Canada (this weekend) and the US-North Korea summit on Tuesday."
The dollar was trading at 109.66 yen against 109.73 yen in New York.
Dealers largely shrugged off Japanese data that confirmed the world's third largest economy slid into negative territory for the first time in two years in January-March.
Honda fell 0.53 percent to 3,517 yen as profit-taking erased its earlier gain on plans to team up with US auto giant General Motors to develop next-generation battery components for electric vehicles.
Toyota was down 0.62 percent at 7,480 yen and Nissan lost 0.81 percent to 1,094 yen. Banks were also lower as Mitsubishi UFJ Financial fell 0.85 percent at 676.5 yen, while Sumitomo Mitsui Financial shed 1.42 percent to 4,550 yen.
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