TL;DR
- The yen slid to a fresh 40-year low near 164 per dollar and is closing on 165, its worst week since May.
- Takaichi's coalition passed its contentious secondary-capital bill 123 to 121 as the Diet closed after 158 days.
- Tokyo hospitalized more than 450 people for heat in a single day, a record since counting began 16 years ago.
- Sekiwake Aonishiki leads the Nagoya sumo tournament at 11-2, one weekend from the Emperor's Cup and an ozeki return.
Society
Tokyo just set a record it never wanted. More than 450 people were rushed to hospital in the capital in a single day, the most since the city began keeping count 16 years ago, as Japan endured another 'kokushobi,' the brutally hot day label the weather agency coined this year for temperatures at or above 40 C (via Japan Today).
A chilling arrest rattled Tokyo. Police detained a 53-year-old man from Toyama Prefecture on suspicion of preparing to carry out a random killing, after he allegedly told investigators he was planning the attack because he wanted to be sentenced to death (via Japan Today).
The great gold heist has suspects. Police arrested six people over a massive gold bar theft, the latest brazen case chipping away at the low-crime reputation Japan has long taken for granted (via Japan Today).
Politics
The gavel came down on a bruising session. Japan's Diet closed on July 25, 2026 after 158 days, and Sanae Takaichi's coalition squeaked its signature 'secondary capital' bill through in a nail-biter, the Upper House passing it 123 to 121 with backing from the ruling Liberal Democratic Party, the Japan Innovation Party and tiny opposition group Team Mirai (via The Japan Times). The new law lets the prime minister designate a backup capital from prefectures that meet size and economic thresholds (via Japan Today).
Junior partner, senior clout. Opposition critics say the whole fight proved the Osaka-based Japan Innovation Party is steering the agenda, with its pet projects taking center stage while promised cost-of-living relief for households stalled out (via The Japan Times).
Business
The yen cannot find a floor. Japan's currency slid to a fresh 40-year low near 164 to the dollar this week and is closing in on the 165 line, its worst week since May, as repeated hints of intervention did nothing to slow the selling (via The Japan Times).
Blame the dealmakers, too. Analysts say a wave of foreign takeovers of Japanese companies is quietly adding to the yen's pain, as cross-border acquisition flows pile onto the currency's slide (via Nikkei Asia).
Technology

Robots are coming to the shipyard. Kawasaki Heavy Industries and Nvidia are teaming up to build a next-generation 'digital shipyard' in Japan, putting AI-driven robots to work on welding, painting, inspection and hauling as the industry fights a chronic labor crunch (via Nikkei Asia).
Corporate Japan is betting big on 'physical AI.' Fujitsu is leading a push that pairs the country's robotics makers with Nvidia's chips and software, aiming to move artificial intelligence off the screen and onto the factory floor (via Japan Today).
Entertainment
A former idol heartthrob is settling down. Kazuya Kamenashi, 40, of the disbanded boy band KAT-TUN, is marrying actor and ex-TBS announcer Minami Tanaka, 39, and the couple say she is pregnant with their first child (via The Japan Times).
Netflix is loading up on Japan for the summer. The streamer's July slate leans hard on homegrown live-action sci-fi and fresh anime, a bet that Japanese storytelling can anchor its global lineup (via Tokyo Weekender).
Sports
Sumo's 22-year-old sensation is one weekend from history. Fighting through heavy taping on an injured left foot, sekiwake Aonishiki beat ozeki Kirishima on Day 13 to reclaim sole possession of the Nagoya title race at 11-2, with the Emperor's Cup and a return to ozeki both within reach as the tournament heads to its Day 15 finish on July 26, 2026 (via The Japan Times).
The grand champions are not out of it. Yokozuna Hoshoryu and Onosato remain in the hunt behind Aonishiki, setting up a tense final weekend at Nagoya's IG Arena if the young leader slips (via The Japan Times).