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[Breaking News]Nikkei tumbles over 3,100 points

TOKYO, Japan, June 8 Kyodo - A financial data screen in Tokyo shows the 225-issue Nikkei Stock Average ending over 2,500 points lower in morning trading on June 8, 2026, after briefly tumbling over 3,100 points. (Kyodo)

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., opens on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district on June 10, 2026. The store, the first for the restaurant chain in a department store, offers seven luxury items including a 1,390 yen ($8.7) beef bowl using premium Kobe beef.

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., opens on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district on June 10, 2026. The store, the first for the restaurant chain in a department store, offers seven luxury items including a 1,390 yen ($8.7) beef bowl using premium Kobe beef.

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., opens on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district on June 10, 2026. The store, the first for the restaurant chain in a department store, offers seven luxury items including a 1,390 yen ($8.7) beef bowl using premium Kobe beef.

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Photo shows a 1,390 yen ($8.7) beef bowl using premium Kobe beef, available at Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., opening on June 10, 2026, on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district. The store, the first for the restaurant chain in a department store, offers seven luxury items.

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Photo shows a 1,390 yen ($8.7) beef bowl using premium Kobe beef, available at Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., opening on June 10, 2026, on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district. The store, the first for the restaurant chain in a department store, offers seven luxury items.

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Beef bowl store opens in department store in Ginza

Beef bowl store opens in department store in Ginza

Staff members pose for a photo on June 10, 2026, at the opening of Matsuya PREMIUM, a new takeout-only store by beef bowl chain Matsuya Foods Co., located on the basement floor of Matsuya Ginza department store in Tokyo's Ginza district. The store, the first for the restaurant chain in a department store, offers seven luxury items including a 1,390 yen ($8.7) beef bowl using premium Kobe beef.

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FY2026 supplementary budget enacted

FY2026 supplementary budget enacted

Japanese Prime Minister Sanae Takaichi (far R) stands after parliament enacted a 3.11 trillion yen ($19 billion) supplementary budget for fiscal 2026 in Tokyo on June 5, 2026.

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FY2026 supplementary budget enacted

FY2026 supplementary budget enacted

Japan's House of Councillors passes a 3.11 trillion yen ($19 billion) supplementary budget for fiscal 2026 during a plenary session in Tokyo on June 5, 2026, marking its enactment as the budget was earlier approved by the House of Representatives.

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FY2026 supplementary budget enacted

FY2026 supplementary budget enacted

Japanese Prime Minister Sanae Takaichi (front, R) stands after parliament enacted a 3.11 trillion yen ($19 billion) supplementary budget for fiscal 2026 in Tokyo on June 5, 2026.

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FY2026 supplementary budget enacted

FY2026 supplementary budget enacted

Japanese Prime Minister Sanae Takaichi (far R) stands after parliament enacted a 3.11 trillion yen ($19 billion) supplementary budget for fiscal 2026 in Tokyo on June 5, 2026.

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FY2026 supplementary budget enacted

FY2026 supplementary budget enacted

Japan's House of Councillors passes a 3.11 trillion yen ($19 billion) supplementary budget for fiscal 2026 during a plenary session in Tokyo on June 5, 2026, marking its enactment as the budget was earlier approved by the House of Representatives.

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Dollar hits 160 yen

Dollar hits 160 yen

A financial data monitor in Tokyo shows the dollar rising to 160.00 yen on June 3, 2026. The U.S. currency hit the psychologically important threshold for the first time since late April.

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SoftBank Group becomes biggest Japan firm in market cap

SoftBank Group becomes biggest Japan firm in market cap

Photo taken on April 12, 2026, shows a signboard with a SoftBank Group Corp. logo in front of the building housing its headquarters in Tokyo. The tech conglomerate's market capitalization topped 47 trillion yen ($295 billion) on June 1, 2026, following recent stock price gains backed by the company's aggressive investments in AI, surpassing Toyota Motor Corp. as Japan's largest company in terms of total market value.

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SoftBank Group becomes biggest Japan firm in market cap

SoftBank Group becomes biggest Japan firm in market cap

Photo taken on April 12, 2026, shows a building housing the headquarters of SoftBank Group Corp. in Tokyo. The tech conglomerate's market capitalization topped 47 trillion yen ($295 billion) on June 1, 2026, following recent stock price gains backed by the company's aggressive investments in AI, surpassing Toyota Motor Corp. as Japan's largest company in terms of total market value.

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Premium melons from Hokkaido

SAPPORO, Japan, May 22 Kyodo - A pair of Yubari melons produced in Yubari in Hokkaido fetches a record price of 5.8 million yen ($36,470) at the season's first auction in Sapporo, the capital of northern Japan prefecture, on May 22, 2026. (Kyodo)

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Premium melons from Hokkaido

Premium melons from Hokkaido

A pair of Yubari melons produced in Yubari in Hokkaido fetches a record price of 5.8 million yen ($36,470) at the season's first auction in Sapporo, the capital of northern Japan prefecture, on May 22, 2026.

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Nissan's earnings results for FY 2025

YOKOHAMA, Japan, May 14 Kyodo - Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026. (Kyodo)

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe (C) speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14, 2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14,2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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Honda's earnings results for FY 2025

Honda's earnings results for FY 2025

Honda Motor Co. President and CEO Toshihiro Mibe speaks at a press conference in Tokyo on May 14,2026. Honda posted a net loss of 423.94 billion yen in fiscal 2025, its first-full year net loss since its 1957 listing, but it expects to swing back to profitability in fiscal 2026.

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SoftBank Group's earnings results for FY 2025

SoftBank Group's earnings results for FY 2025

SoftBank Group Corp. Chief Financial Officer Yoshimitsu Goto speaks at a press conference in Tokyo on May 13, 2026. SoftBank Group posted a net profit of 5 trillion yen, a record high for a Japanese company.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nissan's earnings results for FY 2025

Nissan's earnings results for FY 2025

Nissan Motor Co. President and CEO Ivan Espinosa speaks at a press conference in Yokohama near Tokyo on May 13, 2026. Nissan posted a net loss of 533.10 billion yen for fiscal 2025, marking a second straight year of red ink, while forecasting a return to profitability in fiscal 2026.

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Nintendo's sales in FY 2025 top 2 tril. yen

Nintendo's sales in FY 2025 top 2 tril. yen

File photo taken on April 3, 2025, in Tokyo shows the Switch 2 gaming console of Nintendo Co. The video game company reported on May 8, 2026, that its sales for the year ended March that year rose 98.6 percent from a year earlier to 2.31 trillion yen, the first time the company has topped the 2 trillion yen mark.

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Toyota FY 2025 sales top 50 trillion yen, 1st for Japan firm

Toyota FY 2025 sales top 50 trillion yen, 1st for Japan firm

File photo taken on Aug. 29, 2023, shows the headquarters building of Toyota Motor Corp. in Toyota in Aichi Pref., central Japan. Toyota reported on May 8, 2026, that its sales for the year ended March that year rose 5.5 percent from a year earlier to 50.68 trillion yen, becoming the first Japanese company to post annual sales of over 50 trillion yen.

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Japan's suspected currency intervention

Japan's suspected currency intervention

Photo taken on May 3, 2026, shows Japan's Finance Ministry in Tokyo. The ministry and the Bank of Japan likely spent an additional 4 trillion yen during the Golden Week holiday in early May to arrest the yen's further fall following a yen-buying operation on April 30.

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Japan's suspected currency intervention

Japan's suspected currency intervention

Photo taken on March 19, 2026, shows the Bank of Japan headquarters in Tokyo. The Finance Ministry and the BOJ likely spent an additional 4 trillion yen during the Golden Week holiday in early May to arrest the yen's further fall following a yen-buying operation on April 30.

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Top currency official meets press after intervention

Top currency official meets press after intervention

Japanese Vice Finance Minister for International Affairs Atsushi Mimura meets the press in Tokyo on May 1, 2026, a day after Japanese authorities intervened in the currency market to arrest the yen's further fall after it weakened to around 160 to the dollar.

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Japan's intervention to stem yen's fall vs. dollar

Japan's intervention to stem yen's fall vs. dollar

A monitor at a currency trading company in Tokyo on May 1, 2026, shows a graph of dollar/yen exchange rate movements, including the dollar's sudden plunge on April 30. Japanese authorities intervened in the currency market that day to stem the dollar's surge to the upper 160 yen range, government sources said.

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Japan's intervention to stem yen's fall vs. dollar

Japan's intervention to stem yen's fall vs. dollar

A monitor at a currency trading company in Tokyo on May 1, 2026, shows a graph of dollar/yen exchange rate movements, including the dollar's sudden plunge on April 30. Japanese authorities intervened in the currency market that day to stem the dollar's surge to the upper 160 yen range, government sources said.

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Dollar tumbles to 155 yen range

Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Dollar tumbles to 155 yen range

Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Dollar tumbles to 155 yen range

Dollar tumbles to 155 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 155 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Finance minister's comments on currency market

Finance minister's comments on currency market

Japanese Finance Minister Satsuki Katayama meets the press in Tokyo on April 30, 2026, hinting at stepping into the currency market to arrest the dollar's further rise against the yen as the U.S. currency spurted to the mid-160 yen level earlier in the day.

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Dollar tumbles to 156 yen range

Dollar tumbles to 156 yen range

A financial monitor at a currency trading company in Tokyo shows the dollar sinking to the 156 yen level on the evening of April 30, 2026, following a rise to the 160 yen range in the morning, in an apparent reaction to Japanese Finance Minister Satsuki Katayama's comments in support of stepping into the currency market to arrest the yen's further decline.

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Auction for tea leaves

Auction for tea leaves

New Japanese tea leaves are pictured in Shizuoka in Shizuoka Prefecture, central Japan, on April 20, 2026, after fetching 1.18 mil. yen ($7,425) per kilogram, the highest price at the season's inaugural auction for tea leaves grown in the renowned green tea-producing prefecture.

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Fast Retailing revises up earnings

Fast Retailing revises up earnings

Tadashi Yanai, chairman of Fast Retailing Co., the operator of the Uniqlo clothing chain, speaks at a press conference in Tokyo on April 9, 2026, after the company revised upward its consolidated net profit projection for the year ending in August 2026 from 450 billion yen to 480 billion yen.

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Japan parliament enacts FY 2026 budget

Japan parliament enacts FY 2026 budget

Japanese Prime Minister Sanae Takaichi bows in parliament in Tokyo on April 7, 2026, after the Diet enacted a record 122.31 trillion yen budget for fiscal 2026.

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Japan parliament enacts FY 2026 budget

Japan parliament enacts FY 2026 budget

Japanese Prime Minister Sanae Takaichi meets the press at her office in Tokyo on April 7, 2026, after the Diet enacted a record 122.31 trillion yen budget for fiscal 2026.

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Japan parliament enacts FY 2026 budget

Japan parliament enacts FY 2026 budget

Japanese Prime Minister Sanae Takaichi meets the press at her office in Tokyo on April 7, 2026, after the Diet enacted a record 122.31 trillion yen budget for fiscal 2026.

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