Daily brief
Honda reported a more than 60% year-on-year drop in its quarterly operating profit, attributing the sharp decline to mounting costs and impairments from restructuring its electric vehicle business, which caused its car division to post a loss.
Japanese stocks rallied and the yen strengthened against the dollar following Sanae Takaichi's election victory, with the Nikkei 225 hitting a record high for a second consecutive day.
Japan's national debt reached a record 1,342 trillion yen, putting the fiscal policy of the newly elected administration in focus.
Japan Post was ordered to halt operations for 3,333 delivery vehicles due to regulatory violations.
A survey indicates Japanese firms plan to continue investing in China despite worsening bilateral relations.