Japan's Nikkei share average fell on Tuesday as semiconductor-related heavyweights declined after a drop in South Korea's Samsung Electronics weighed on regional technology stocks. The Nikkei was down 1.35% at 68,798.93, as of 0133 GMT. The broader Topix index slipped 0.21% to 4,093.39 after hitting ‌a record ⁠high of ⁠4,137.62 earlier in the session, as investors bought financial and other beaten-down value stocks. "The market looked into the shares of Samsung Electronics , which fell even as the memory chipmaker's forecast beat the market forecast," said Kazuaki Shimada, chief strategist at IwaiCosmo Securities. Shares of Japan's high-flying memory maker Kioxia fell 10.86% and chip-related ⁠Advantest and ‌Tokyo Electron lost 0.64% and 1.85%, respectively. "This is a healthy correction of the distorted market. The market ⁠is selling chip-related stocks and buying value shares which became cheap," Shimada said. The tech-heavy Nikkei tends to track moves in South Korea's benchmark index, which is also heavily weighted toward chip stocks. Samsung Electronics fell more than 5%, weighing on regional technology shares, after the world's largest memory chipmaker on Tuesday forecast a 19-fold jump in second-quarter operating ‌profit from a year earlier. This disappointed investors who had expected a stronger earnings outlook. South Korea's stock benchmark KOSPI slumped more than 5% ⁠in early trade. Japan's banking shares rose, with Mitsubishi UFJ Financial Group up 3%. Shares of Mizuho Financial Group and Sumitomo Mitsui Financial Group advanced 2% and 1.26%, respectively. Toyota Motor rose 1.45%. Topix's value share index climbed 0.14%, against a 0.36% fall of the growth share index. Of the more than 1,500 stocks trading on the Tokyo Stock Exchange's prime market, 66% rose, 31% slipped and 2% traded flat.