North Korea launched multiple short-range ballistic missiles toward the Sea of Japan early morning, with no damage reported as they fell outside Japan's exclusive economic zone.

Toyota dominated the day's coverage with its forecast of a 35% drop in fiscal year 2025-26 net profit, directly attributing the decline to Trump's tariff policies. The company has already suffered a 180 billion yen profit decline in April-May alone from these measures, which affect a market representing nearly a quarter of its sales.

The consumption tax reduction debate intensified as the Democratic Party for the People included it in their upcoming Upper House election platform. Economists and politicians increasingly discuss the proposal as a potential economic stimulus.

Trade tensions continued developing globally, with the US reaching its first tariff agreement with the UK, while the EU proposed retaliatory tariffs against the US worth approximately 15 trillion yen.