Tokyo stocks closed lower Thursday in cautious trade, with a jump in the yen sparking speculation of the Japanese government market intervention for the second time this week.

The benchmark Nikkei 225 index slipped 0.10 percent, 37.98 points, to 38,236.07, while the broader Topix index lost 0.03 percent, or 0.87 points, to 2,728.53.