Nikkei edges up as investors seek direction
(Updates to close)
TOKYO, Aug 28 (Reuters) - Japan's Nikkei average edged up 0.1 percent on Thursday after seesaw trade, with Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) surging after it bought a U.S. distributor, a move that sent rival Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) tumbling to a four-month low. But investors spent the day seeking clear direction, with banks such as Mizuho Financial Group (8411.T: Quote, Profile, Research, Stock Buzz) down on long-term worries about the U.S. and domestic economies while defensive shares fared well. The benchmark Nikkei .N225 gained 15.29 points to 12,768.25 after moving between positive and negative territory throughout the day, while the broader Topix .TOPX lost 0.3 percent to 1,219.53. (Reporting by Elaine Lies)
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