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Tokyo shares open lower

Tokyo shares opened down Friday, following a global market slide stemming from the lowered European economic outlook as well as receding hopes for smooth progress in US-China trade talks.

The benchmark Nikkei 225 index lost 1.17 percent or 242.05 points to 20,509.23 shortly after the opening bell while the broader Topix index dropped 1.05 percent or 16.48 points to 1,552.5.

"Tokyo shares are facing selling pressure, taking cues from overnight falls of US and European shares on dimming optimism about a path forward for the US-China trade dispute," Okasan Online Securities said in a note.

Investors also grew wary after the EU Commission said it expected growth of 1.3 percent in the eurozone this year, a significant cut from the 1.9 percent it predicted in November, citing risks including Brexit fears, Italian economic woes and the global trade war.

In Japan, players adjusted their positions and locked in profits ahead of a three-day weekend, Okasan added.

The Tokyo market will close Monday for a national holiday. Normal trading will resume Tuesday.

In the forex market, the dollar stood at 109.78 yen, slightly lower than the 109.83 yen seen in New York Thursday.

Shortly before the market opened, the Japanese government announced that the nation's household spending in December picked up 0.1 percent from a year earlier, marking the first increase in four months.

Among major shares, Sony soared 5.03 percent to 4,950 yen after announcing a plan for share buybacks worth up to 100 billion yen ($910 million).

However, as the US-China trade dispute lingers, shares related to Chinese demand faced pressure.

Industrial robot producer Fanuc Corp. fell 2.42 percent to 18,340. Hitachi Construction Machinery dropped 3.46 percent to 2,672.

Toyota dropped 1.51 percent to 6,476. Panasonic fell 0.58 percent to 1,025.5.