Japan's Producer Price Inflation Slowed In October, Toyota Plans Additional Investments In U.S. Operations

Akira Ito
13 Nov, 2025
Tokyo

Stock market indexes in Japan advanced amid receding global tensions and ahead of key earnings results.

The Nikkei 225 Stock Average increased 0.5% to 51,277.40, and the broader Topix advanced 0.7% to a record intraday high of 3,380.91.

Global market sentiment improved after the U.S. lawmakers and president signed a bill to reopen the federal government and pass key spending resolutions.

Despite the ending of the 43-day shutdown, investors could be staring at another shutdown in the months ahead, as the current passage funds government programs until the end of January.

For now, investors shifted focus away from tariff tensions and government shutdown to domestic corporate results and macroeconomic data.

Toyota Motor said it plans to invest up to $10 billion in the U.S. over the next five years, as the vehicle maker ramps up production of hybrid cars and lithium-ion batteries for electric vehicles.   

Japan’s producer price inflation slowed in October from the previous month, according to the latest data released by the Bank of Japan.

Producer price inflation slowed to an annual rate of 2.7% from the annual rate of 2.8% in September, driven by a sustained increase in food & beverage prices, manufactured goods, and transportation equipment.

However, prices for chemicals, iron and steel, and petroleum and coal products are reflecting lower import costs.

On a monthly basis, prices rose 0.4%, slower than the 0.5% increase in the previous month, and gained for the second consecutive month.

 

Japan Indexes and Stocks

The Nikkei 225 Stock Average advanced 0.4% to 51,276.60, and the mainland-focused Topix increased 0.6% to 3,379.35. 

Toyota Motor Corp. increased 0.2% to ¥3,197.0, Honda Motor Co. Ltd. inched up 0.9% to ¥1,558.0, and Nissan Motor Co. Ltd. advanced 2.7% to ¥373.90. 

Nippon Yusen KK fell 1% to ¥4,921.0, Kawasaki Kisen Kaisha Ltd. edged up 0.1% to ¥2,100.0, and Mitsui O.S.K. Lines Ltd. fell 0.7% to ¥4,441.0. 

Softbank Group Corp. decreased 4.5% to ¥20,845.0, and the AI-focused company extended its two-week losses to 35% from a record high after the company sold its stake in Nvidia and pared its holding in T-Mobile and sharpened its focus on OpenAI.