The Tokyo equities markets saw declines on Wednesday as post-election elation gave way to profit taking and worries about the state of the US economy. The Nikkei 225 fell 0.5 percent to 12,834.25, while the Topix index dropped 0.3 percent to 1,212.35.

Some export-dependent stocks fell. Sony declined by 1.7 percent to ¥3,980. Toyota fell by 0.4 percent to ¥4,700 as the transport equipment sector as a whole was down by 0.3 percent.

Still, shares in domestic companies felt the brunt of the profit-taking on the day, with the insurance, securities, and banking sectors all down. Insurer Sompo Japan fell 4 percent to ¥1,372 as the insurance sector as a whole dropped 1.8 percent.

The securities sector was down 0.7 as securities house Nomura declined by 0.9 percent to ¥1,521. Japan’s biggest banking group, Mizuho, was down 0.5 percent to ¥637,000, while the sector as a whole lost 0.8 percent. Real estate group Fudosan was also down, losing 1.6 percent to ¥1,599. There were gains on the day, however.

Square Enix, the videogame maker was up 2 percent to ¥3,130 on an initial “outperform” rating from Credit Suisse First Boston. Additionally Yakult, a company that makes fermented lactic drinks as well as drugs and cosmetics, gained 4.9 percent to ¥2,580 on an upgraded rating from Mizuho Securities.