After the investors lost their right to get dividends for the fiscal year, Japanese stocks fell for the first ever time.

Drop of 1% was faced by Takeda Pharmaceutical Co., which has the highest dividend yield in the Nikkei 225 Stock Average. Whereas, Tokyo Gas Co., a gas utility, and Eisai Co., a drug maker, decreased more than 1.5%. Capcom fell down by 0.7% to 1,742 yen.

Daiwa Securities Group Inc., cut the ratings of Capcom Co., the publisher of the “Monster Hunter” video-game series, which decreased by 0.7%.

Akio Yoshino, Chief Economist at Societe Generale Asset Management (Japan) Inc., said, “Shares are falling temporarily because they are ex-rights, although the market has been on an upward trend supported by strong demand from Asia”.

The biggest raise among the standard indexes for the world’s top-10 equity markets is that of the Topix, which gained 6.2% this year. That contrasts with the gains of 4.6% for the Standard & Poor’s 500 Index in the U. S. as well as gains of 3.8% for the Stoxx 600 Index in Europe.

Japan’s retail sales increased at a great speed in more than 10 years in the month of February, besides the fact that the stocks retreated.

The Trade Ministry revealed that the sales went up 4.2% from previous year, which is the hugest monthly jump since 1997.