Asian stocks fell as investors await economic data from the U.S. and amid concern gains in equities over the past two months have outpaced prospects for earnings.

Nikkei 225 14,228.44 -108.87 -0.76%

S&P/ASX 200 5,422.04 -11.77 -0.22%

Shanghai Composite 2,129.4 -10.21 -0.48%

Toyota Motor Corp., the world’s biggest carmaker, lost 1.3 percent in Tokyo after its net-income forecast fell short of analyst estimates.

Ausdrill Ltd. slumped 29 percent in Sydney after the drilling contractor said its expects a lower profit.

GungHo Online Entertainment Inc. gained 2.5 percent as Japan Exchange Group Inc. and Nikkei Inc. said the Internet-game maker will be included in their new index.