The Nikkei 225 retreated from Thursday's record but clawed back some losses by the close of trading.
On May 8 the Nikkei 225 index fell back from the record it set the previous day. Companies began releasing earnings reports during the session.
Technology shares and concerns over conflict weighed on sentiment. Oil-related moves also factored into trading.
Attention on the Tokyo Stock Exchange remains focused on upcoming corporate results.
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Wall Street markets closed higher on May 13, led by gains in the technology sector ahead of the US-China meeting.
Japan's Nikkei share average briefly topped 60,000 on Thursday before profit-taking reversed the gains, closing 0.75% lower at 59,140.23 after hitting a record high of 60,013.98. Geopolitical uncertainties in the Middle East weighed on sentiment amid rising oil prices. U.S. President Donald Trump's announcement extending the ceasefire with Iran supported early rises, though Iranian officials rejected any agreement.
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Japan's benchmark Nikkei 225 index rose above 65,000 for the first time on May 25 as expectations grew that a deal might be reached to end the military conflict between the United States and Iran.
Asian stocks reached a record high amid gains in technology shares and reduced geopolitical tensions. South Korea's SK Hynix achieved a $1 trillion market capitalization. Hopes for a US-Iran peace deal supported equity markets despite mixed US consumer confidence figures.
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Asian equities pulled back from record highs amid mixed signals on US-Iran talks. Crude oil prices climbed with ongoing disruption in the Strait of Hormuz. The dollar rose while Treasuries fell as market sentiment weakened.