Japan Market Daily | Kabutaro & Friends

On June 22, 2026, the Nikkei 225 advanced for an eighth consecutive session, closing up 1,103.90 yen at a historic high of 72,353.96 yen, breaching the 72,000 threshold for the first time on a closing basis and marking its sixth consecutive record close. Buying intensified in AI and semiconductor-related shares following revelations of a massive public-private investment package exceeding 370 trillion yen targeting the government's "Strategic 17 Sectors." The benchmark index briefly reached an intraday high of 72,831.73 yen. Concurrently, the TOPIX also hit a record high, advancing 50.09 points to 4,095.05. In the FX market, the USD/JPY cross hovered in the 161 yen range, driven by persistent dollar demand amid expectations of prolonged high U.S. interest rates, keeping the market stable in a weak-yen tone.