Monday, 29 DecemberWeather Icon-4.88°C

Bluefin Tuna Fetches $1.8 Million at Tokyo’s Toyosu Market Auction

Share:

Tuna

On January 5, 2020, a 276-kilogram (608-pound) bluefin tuna, caught off northern Aomori Prefecture, sold for 193.2 million yen ($1.8 million) at Tokyo’s Toyosu fish market during the first auction of the year.

Reported by NHK, the sale marked the second highest price ever recorded for a single fish at the market, equating to approximately 700,000 yen per kilogram.

Kiyoshi Kimura’s Winning Bid

The winning bidder was Kiyoshi Kimura, president of the Sushizanmai sushi restaurant chain, renowned for his high-profile purchases at the annual New Year auction.

Kimura outbid competitors to secure the prized bluefin, a delicacy central to Japan’s sushi culture. In 2019, he set a record by paying 333.6 million yen for a tuna, surpassing his 2013 record, reinforcing his reputation for securing top-quality fish for Sushizanmai’s outlets across Japan.

Cultural and Economic Significance

The Toyosu auction, a celebrated event, highlights the premium value of bluefin tuna, driven by demand in high-end restaurants.

The high price reflects the scarcity of large, high-grade bluefin and the cultural importance of the New Year auction, which draws global attention.

Sustainability Concerns

The sale also sparks debate over sustainability, as bluefin tuna populations face pressure from overfishing. The 2020 auction, held in the modern Toyosu market, continues a tradition of showcasing Japan’s seafood industry while spotlighting the economic and environmental stakes surrounding this iconic fish.

Share:

Related News

Ukraine’s Government Bonds Rally as Peace Talk Hopes Surge

World News | 3 min read

Nigeria Hit by Nationwide Blackout After Grid Collapses to 139MW

Business Market News | 1 min read

Leave a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Currency Rate

Algerian Dinar129.5098
Egyptian Pound47.6676
Euro0.8498
British Pound0.7404
Ghana Cedi11.325
Guinea Franc8,742.5
Japanese Yen156.0363
Kenyan Shilling128.9
Moroccan Dirham9.1288
Nigerian Naira1,448.52
29 Dec · CurrencyRate · USD
CurrencyRate.Today
Check: 29 Dec 2025 20:05 UTC
Latest change: 29 Dec 2025 20:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

Be the first to know about our newest content, events, and announcements.

Leatest News

Scroll to Top