Japan FinTech Observer #106

Norbert Gehrke·FollowPublished inTokyo FinTech·Sent as aNewsletter·12 min read·Just now--Welcome to the one hundred sixth edition of the Japan FinTech Observer.Just a quick reminder that we have moved individual articles onto our own platform, where you may subscribe to get every single post, and/or the weekly digest.What a week, eh? According to our friends at Goldman Sachs, the TOPIX’s 11.8% decline over the six trading days from Friday, March 28, to Friday, April 4, 2025, is the 35th largest decline since 1968, placing it in the 99.8th percentile. Since 2000, it was the 21st largest decline. Happy to be alive!We feel for all the economists (nah, not really) whose job obliged them to publish assumptions and projections prior to April 2, only to see every single “worst case” scenario being thrown out of the window. Better get used to it, this chaos is intentional. Every deal struck or “retaliation” implemented will tilt the scales one way or another. And do not mention military action...