http://www.reuters.com/article/marketsNews/idINT521420080104?rpc=44*

Japan stocks fall 3 pct, hit by Wall St, strong yen* Thu Jan 3, 2008 7:25pm
EST

TOKYO, Jan 4 (Reuters) - Japanese stocks fell more than 3 percent early on
Friday, the first trading day in a week, hit by Wall Street losses on
worries about the U.S. economy's health along with a firmer yen.

Exporters such as Canon Inc (7751.T:
Quote<http://www.reuters.com/stocks/quote?symbol=7751.T>,
Profile <http://www.reuters.com/stocks/companyProfile?symbol=7751.T>,
Research <http://www.reuters.com/stocks/researchReports?symbol=7751.T>) were
hammered, while even high oil prices failed to help oil-related firms such
as Nippon Oil Corp (5001.T:
Quote<http://www.reuters.com/stocks/quote?symbol=5001.T>,
Profile <http://www.reuters.com/stocks/companyProfile?symbol=5001.T>,
Research <http://www.reuters.com/stocks/researchReports?symbol=5001.T>).

At 0021 GMT the Nikkei
.N225<http://www.reuters.com/finance/markets/index?symbol=jp%21n225>was
down
3.5 percent at 14,771.85, its lowest since Nov. 22, and the broader TOPIX
index was down 3.2 percent. (Reporting by Elaine Lies)

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