TOKYO, May 12 (Reuters) - Japan's Nikkei share average .N225 was little changed on Tuesday as investors weighed hopes of economic re-openings against concerns about further waves of coronavirus infections.
Many investors also looked to a barrage of earnings announcements due later in the day, including those from Toyota Motor 7203.T , the biggest Japanese company by market cap.
The Nikkei share average .N225 fell 0.02% to 20,387.35 points, a day after it hit a two-month high. It has risen 18.9% from a trough hit on March 19. The broader Topix .TOPX was down 0.08% to 1,479.35.
"I think the market is still retaining an uptrend," said Yuya Fukue, trader at Rheos Capital Works.
"At the same time, I expect the polarisation of the market to continue. The tech sector will flourish as it is becoming an important infrastructure for the society."
Tokyo Seimitsu 7729.T rose 5.1% on strong earnings.
In contrast, Isetan Mitsukoshi Holdings 3099.T fell 7.5% after the department store operator posted a loss for the financial ended March, highlighting the damage wreaked by the coronavirus on traditional retailers.
Other cyclical shares were badly hit.
Kawasaki Kisen 9107.T fell 5.5% even as the shipping company managed to post a net profit in its financial year ended March on structural reforms.
Bridgestone 5108.T slipped 4.1% after the tyre maker posted a 65% fall in net profit for the January-March period, compared with a year earlier, and withdrew its annual forecast.
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