Unlike in Korea, it was not a holiday, but yesterday (1st) Japan's Tokyo stock market did not have any deals.

All trading was suspended all day due to a system failure discovered before the opening. Although it is said that trading will resume from today, the pride of the world's top three stock markets has already been greatly damaged.

Correspondent Yoo Seong-jae reports from Tokyo.


The large monitor screen of the Tokyo Stock Exchange, which was full of numbers indicating stock prices, was blank.

At about 7 o'clock yesterday morning, the device that transmits stock price information that fluctuates according to the transaction order broke down, and the transaction was completely stopped.

The Tokyo Exchange also reviewed a plan to restart the system just before opening, but announced the suspension of the transaction, fearing that if it is not restored, there will be severe turmoil in the market.

Nagoya, Fukuoka and Sapporo stock markets using the same system are also closed.

The Tokyo Stock Exchange, which has 3,700 listed stocks, has been suspended for about three hours due to a system failure in 2005, but this is the first time it has not been able to open the market all day.

As the wave of stock-linked financial products also ceased to be sold, the exchange bowed its head to investors.

[Miyahara/Tokyo Stock Exchange Representative: We deeply apologize for causing great damage to many market participants and investors.]

The Tokyo Exchange said it would replace the machine that caused the obstacle so that it would be possible to trade normally from today, but criticism has been raised that the credibility of the market has been severely damaged.