Samsung Electronics Co. (005930), which gets a fifth of its revenue in America, slid 1.5 percent after U.S. payrolls grew in March at the slowest pace in five months. Inpex Corp. (1662), Japan’s No. 1 energy explorer, lost 1.7 percent after oil prices fell. Nachi- Fujikoshi Corp. declined 4.5 percent after the bearing maker posted lower profit.

The MSCI Asia Pacific Index dropped 0.3 percent to 124.50 as of 9:17 a.m. in Tokyo, with 10 stocks falling for each that rose. The measure lost 1.3 percent last week, the biggest weekly decline since the period ended Dec. 16. Markets in Hong Kong and Australia are closed today for holidays.

“The U.S. economy seems to be repeating a recent pattern of improving in spring and getting worse toward summer,” said Koichi Kurose, chief economist in Tokyo at Resona Bank Ltd. “It may be premature to start pricing in the earnings outlook through next March.”

To contact the reporter on this story: Yoshiaki Nohara in Tokyo at ynohara1@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

http://www.bloomberg.com/news/2012-04-09/asia-stocks-drop-as-u-s-jobs-data-dims-recovery-outlook.html

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