* Nikkei falls 2.1 pct to a six-month low
* Sony drops below 1,000 yen for first time since 1984
TOKYO, June 4 (Reuters) - Japan's shares fell sharply in
early trade on Monday, with the Topix index falling to a
more than 28-year low, as disappointing U.S. jobs data added to
concerns over a slowing Chinese economy and a deepening euro
zone debt crisis.
The broader Topix index lost 2.1 percent to 693.35, a level
not seen since late 1983. Last week, it fell for the ninth
straight week, marking its longest such run since 1975.
The Nikkei dropped 2.1 percent to 8,267.31 to a
The Nikkei has fallen 19.4 percent since hitting a one-year
high on March 27 on concerns over a deepening euro zone debt
crisis and slowing global growth. If the benchmark were to drop
to around 8,200, it would technically enter bear market
"The investment sentiment is quite weak, so there's a
possibility of a further sell-off. The Nikkei can go down more,
that's a possibility," said Hisao Matsuura, equity strategist at
"From a valuation view point, it is attractive, and
investors almost seem to agree, but they don't want to buy now."
U.S. job growth braked sharply for a third straight month in
May and the unemployment rate rose for the first time in nearly
a year, raising the chance of further monetary stimulus from the
Federal Reserve to support the sputtering recovery.
The prospect of another round of stimulus by the Fed weighed
on the dollar against the yen, putting added pressure on
Japanese exporters, who are already faced with weaker global
demand for their products.
Sony Corp, the maker of Walkman and Playstation,
eased 1.5 percent to below 1,000 yen for the first time since
1984 according to Reuters data, while industrial robot maker
Fanuc Corp, Canon Inc and TDK Corp
dropped between 2.6 and 4.2 percent.
Toyota Motor Corp fell 3.5 percent, Nissan Motor Co
lost 2.9 percent and Mazda Motor Corp shed 5.2
Taiyo Yuden bucked the weak trend, up 1.7 percent
after a trader said the electronics parts maker posted
surprisingly strong orders in May.