Nikkei 225 Index attained seven-week low on Wednesday, posting a sharp decline of 1.44%. Japanese stocks were exposed to negative data from the Eurozone and dismal results of Apple in the last quarter. Toshiba plunged 7.3% to the lowest level in 40 months after Apple reported worse than expected results in Q2. Panasonic, being also Apple supplier, fell 5.5% to 32-year low. Canon shares tumbled 0.89% after Lexmark announced weaker than predicted quarterly results. After the bell Canon announced that its income in Q2 dropped 0.4% and lowered full-year outlook, citing strong Yen. Japan Tobacco rose 1% after Morgan Stanley increased the target price for the firm. Softbank advanced almost 4% as Bank of America Merrill Lynch upgraded share rating from ‘neutral' to ‘buy'.