HONG KONG (MarketWatch) -- Japanese shares fell back from their highs and into negative territory Friday, with the benchmark Nikkei 225 Average breaking and then dipping back under the psychologically important 9,000-point level as a steep cut to Sumitomo Mitsui Financial Group's earnings forecast pressured banks. Also reversing Japanese market gains were the minutes of a central bank board meeting that showed policymakers saw economic conditions as likely to deteriorate for the time being, even amid hopes of a recovery in the October-March half of the current financial year. In Tokyo, the Nikkei jumped as high as 9,068.80 in early trading, reclaiming the 9,000-point level for the first time in more than three months. But the index closed the morning trading session up just 0.5% and then moved down 0.61% below the open during afternoon action. ... Still, Japanese financials lost ground after Sumitomo Mitsui FG said it now expects a net loss of 390 billion yen ($3.9 billion) in the year ended March 31, compared with its January forecast of a profit. http://www.marketwatch.com/news/sto...78CD-4F93-B3F9-8A9CD651C5C2}&dist=SecMostRead Funny, how fast a Japanese bank slides from profit projections into a loss...