The selloff erased about $335 billion in market value, underscoring the scale of the decline across Japanese equities.
Japan’s stock market shed more than ¥48.3 trillion in value as the Nikkei fell 4.2%, a decline the source said amounted to roughly $335 billion in erased market capitalization (total value of listed shares). The move points to a broad equity selloff in Japan, with the benchmark’s drop translating into a substantial one-day loss in shareholder value.