Tokyo High Court overturned the massive 13 trillion yen damages award against former TEPCO executives over the Fukushima nuclear disaster, delivering a courtroom reversal that prompted angry outbursts from shareholders and disappointment from disaster victims. The decision reversed earlier corporate accountability rulings in one of Japan's largest corporate liability cases.
Japan's space program suffered another setback as startup ispace failed its second lunar landing attempt, continuing the country's commercial moon mission struggles. Meanwhile, activist shareholders reached record influence with 50 companies receiving reform proposals at June meetings, targeting Nissan and Toyota Industries for governance changes.
The rice crisis from previous days evolved as government stockpile releases created a three-tier pricing system, with branded rice wholesale prices falling while Agriculture Minister Koizumi increased verbal market interventions. Trump-Musk tensions escalated with public exchanges as their political alliance deteriorated, while Trump-Xi trade talks offered limited progress on rare earth concerns from yesterday's supply disruptions.