Japanese Stock Futures Drop After Quake; Australia Futures Fall

Japanese stock futures retreated after a magnitude 7.1 earthquake hit the country less than a month following the nation’s worst temblor on record. Australian stock futures fell.

American depositary receipts of Sony Corp., Japan’s biggest exporter of electronics, slipped 0.8 percent in New York. Those of Canon Inc., the world’s largest maker of cameras, fell 0.5 percent. ADRs of Sharp Corp., Japan’s largest maker of solar panels, lost 1.2 percent. Futures on Australia’s S&P/ASX 200 Index slipped 0.1 percent today and New Zealand’s NZX 50 Index was little changed in Wellington.