Japanese media: Data from the Japanese Ministry of Finance shows that the Japanese government's debt has reached 1,342 trillion yen, setting a new record high.

According to a report by the Japanese news agency Kyodo News, as of the end of 2025, the Japanese government's debt has reached 134,217.2 trillion yen. The report stated that the Japanese government's debt includes national bonds, loans, and short-term government bonds, with the vast majority being national bonds. The Japanese government's debt at the end of 2025 increased by 24,535.5 billion yen compared to the end of 2024, setting a new historical high. Kyodo News stated that the Japanese government's finances are under continued pressure to respond to rising prices. The expansionary fiscal policy proposed by Japanese Prime Minister Kan Naoto has triggered strong fluctuations in the Japanese bond market, with bond yields soaring, reflecting investors' deep concerns about Japan's fiscal outlook.