News On Japan
Business | 4

Tokyo stocks extended their recovery on Thursday, October 29, with the Nikkei 225 closing at 64,659.47 points at 3:30 p.m., up 705.28 points, or 1.10%, from the previous session, as renewed buying of semiconductor and artificial intelligence-related shares helped the benchmark record its third consecutive daily gain ahead of the Bank of Japan's monetary policy decision.

GMO has announced a reward totaling approximately 150 million yen for information leading to the identification of hackers responsible for a cyberattack on its systems, while also pledging compensation to customers whose personal information has been exposed, as Japan faces a growing wave of cyberattacks targeting major companies.

Japanese stocks extended their recovery on October 28, with the Nikkei 225 closing at 63,954.19 at 3:30 p.m. Tokyo time, up 685.82 points, or 1.08%, from the previous session, as strong demand for artificial intelligence-related semiconductor shares lifted the benchmark for a second consecutive day, even as the broader market weakened ahead of major interest rate decisions in Japan and the United States.

Japan has begun replenishing its national oil reserves following the release of approximately 90 million barrels in response to worsening tensions in the Middle East, with trading house Mitsui & Co. winning the first procurement contract for 2 million barrels of crude oil from the United Arab Emirates, expected to arrive in November.

Japan's benchmark Nikkei Stock Average rebounded sharply on October 27, 2026, closing at 63,232.37, up 1,042.72 points, or 1.68%, at 3 p.m. Japan time, as semiconductor-related shares rallied following gains on Wall Street and renewed optimism about artificial intelligence investment, ending a three-session losing streak that had pushed the index to its lowest level in nearly three months.

GMO Internet Group President Masatoshi Kumagai revealed that attackers responsible for unauthorized access to servers used for foreign exchange trading and other services had demanded $50 million, equivalent to approximately 7.9 billion yen, with the company refusing to comply.

Japan's Nikkei 225 Stock Average extended its decline for a third consecutive trading session on Monday, October 26, as selling in semiconductor and artificial intelligence-related shares continued to weigh on the market, while energy companies attracted buying interest following a surge in global oil prices.

Japan's major retailers are experimenting with new store formats as rising living costs drive demand for cheaper groceries and changing consumer habits force companies to seek new sources of growth, with Don Quijote launching its food-focused Robin Hood discount chain and FamilyMart opening a next-generation flagship store combining convenience shopping with fashion, lifestyle goods and exclusive products.