Japan’s Nikkei 225 closed at a record 72,353.96 on June 22, up 1.55% and marking its seventh consecutive record finish, as investors bought chip, robotics and manufacturing shares linked to the country’s long-term physical AI investment strategy. The broader Topix gained 1.29% to 4,097.26, with both indexes also setting fresh intraday highs. The rally followed government messaging around a 10.5 trillion yen public-private physical AI spending plan spanning 17 strategic sectors through fiscal 2040, part of a broader 370 trillion yen investment drive that also includes 29 trillion yen for communications infrastructure to support AI deployment.