Tokyo- Tokyo stocks opened lower Thursday on downbeat earnings of Japanese companies.

The Nikkei 225 Stock Average dipped 77.41 points, or 0.59 per cent, to 13,034.48.

The broader Topix index of all first-section issues was down 5.52 points, or 0.44 per cent, at 1,257.38.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 101.74-79 yen, down from Wednesday's 5 pm quote of 102.26-28 yen.

The euro was quoted at 1.5814-19 dollars, up from Wednesday's 5 pm quote of 1.5715-17 dollars, and at 160.94-97 yen, up from 160.71-75 yen. (dpa)