LOS ANGELES Japanese stocks fell sharply early Wednesday, picking up on a weak lead from Wall Street amid reported German concerns over some bailout details, while earnings exerted a mixed influence on shares. The Nikkei Stock Average tripped down 1.1% to 8,604.02 in early action, with the Topix lower by 0.9%. Broker shares, typically sensitive to developments in Europe, lost ground, with Nomura Holdings Inc. losing 2.2% and Daiwa Securities Group Inc. down 2.4%. Still, a positive reaction to earnings results sent Mizuho Financial Group Inc. higher by 1.6% and Shinsei Bank Ltd. rallying 3.4%. Among the techs, a drop in profit and outlook cut from Komatsu Ltd. sent its shares tumbling 8.8%. Toshiba Corp. traded flat after posting a quarterly loss, as it still expects to turn an fiscal-year profit. Panasonic Corp. jumped 6% after posting a swing to quarterly profit, but Honda Motor Co. tanked 5.9% lower, even as it said late Tuesday that profit surged more than four-fold in the April-June quarter.
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