CORRECTED-Japan's Nikkei closes near 8-month low on US tariff jitters

TOKYO, March 31 (Reuters) - Japan's Nikkei share average closed near an eight-month low on Monday, following sharp losses on Wall Street in the previous session, as investors assessed the risk of imminent U.S. trade tariffs.

The Nikkei .N225 fell 4.05% to 35,617.56, its lowest close since August 9, a few days after the index posted its biggest single-day rout since the 1987 Black Monday crash.

The index posted its biggest daily decline since September 30.

The broader Topix .TOPX fell 3.5% to 2,658.73.

"Investors' sentiment was weakened as there is so much uncertainty ahead of the announcement on reciprocal tariffs," said Hiroyuki Ueno, chief strategist at Sumitomo Mitsui Trust Asset Management.

"They were in a risk-off mode and offloaded what they had bought. But this week is the toughest, and they will start buying them back once the outlook becomes clear."

U.S. President Donald Trump has promised to unveil a massive tariff plan on Wednesday, which he has dubbed "Liberation Day." He has already imposed tariffs on aluminum, steel and autos, along with increased tariffs on all goods from China.

Trump said on Sunday reciprocal tariffs that he is set to announce will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

Wall Street stocks ended sharply lower on Friday, with sell-offs in tech giants such as Amazon AMZN.O and Microsoft MSFT.O, after U.S. data fuelled fears of weak economic growth and high inflation as the Trump administration ratchets up tariffs. .N

In Japan, Uniqlo-brand owner Fast Retailing 9983.T lost 3.67% on Monday, while chip-related Tokyo Electron 8035.T and Advantest 6857.T slipped 6.57% and 7.65%, respectively.

Shares of Mitsubishi UFJ Financial Group 8306.T and Sumitomo Mitsui Financial Group 8316.T lost 4.62% and 3.58%, respectively.

Automakers fell, with Toyota Motor 7203.T and Honda Motor 7267.T losing 3.13% and 3.97%, respectively.

All 33 industry sub-indexes on the Tokyo Stock Exchange declined, while the Nikkei volatility index .JNIV surged 5.8 points to 28.15, marking its largest gain since September 4.

All but one of 225 components of the Nikkei index fell, with chipmaker Renesas Electronics 6723.T tanking 11.21%.

Home interior goods retailer Nitori Holdings 9843.T rose 2.28%.