Overview
- Tokyo’s Nikkei 225 finished at 52,411.34, its first-ever close in the 52,000s and a third consecutive all-time high, with TOPIX also setting a record.
- Six ruling and opposition parties are coordinating to abolish the roughly ¥25 per liter provisional gasoline surtax on December 31, with decisions on replacement revenue deferred.
- Transition measures under discussion would use subsidies from November 13 to gradually lower prices, building on the government’s current ¥10-per-liter support.
- METI reported the average retail price of regular gasoline at ¥173.50 per liter as of October 27, down ¥1 on the week and falling for a third straight week.
- Nissan forecast a ¥275 billion operating loss for the fiscal year ending March 2026, citing the impact of U.S. auto tariffs and semiconductor supply concerns, while the JFTC formally warned a Toyota subsidiary over a subcontracting law violation.