Tokyo stocks opened sharply lower on Friday, following a broad sell-off in New York on Thursday.
The benchmark Nikkei 225 briefly plunged more than 2,000 points, or over 5 percent from the previous day’s close.
That’s on the back of concerns following worse-than-expected US economic data from the Institute for Supply Management. That data is a gauge of manufacturing activity.
Investors are concerned that if the US economy slows down, Japan could be affected.