Japanese tourism-related stocks experienced significant declines, with Shiseido Company, Ltd. dropping 11%. Japan Airlines fell as much as 5.8%. Among other consumer goods/retail stocks in Japan, Sanrio declined 7.8%, Asics dropped 6.6%, and Fast Retailing slid 6.9%. Department store operator Isetan Mitsukoshi Holdings saw its shares plunge 12%. Muji operator Ryohin Keikaku dropped as much as 12%, marking its biggest decline since August 2024.