Nikkei tops 67,000 as SoftBank overtakes Toyota
The Nikkei share average reached a record high on Monday as SoftBank Group shares jumped 14% following a major AI infrastructure investment pledge in France. SoftBank's market capitalization reached 48.8 trillion yen to overtake Toyota Motor as the most valuable firm in Japan.
The Nikkei 225 topped 66,934.33 on Monday, a 0.9% gain and a record intraday peak above 67,000, driven by AI-related stocks. SOFTBANK GROUP CORP surged 14%, overtaking TOYOTA MOTOR CORP to become Japan's most valuable company. The shift underscores a broad reallocation of capital from traditional manufacturing toward global artificial intelligence infrastructure.
### SoftBank Claims the Top Spot SoftBank's market capitalization reached 48.8 trillion yen ($306.0 billion) following a pledge to invest €75 billion ($87.3 billion) in France over five years. The investment focuses on building AI infrastructure, a move that added 845 points to the Nikkei index. TOYOTA MOTOR CORP shares fell 4.5%, bringing its valuation to 45.9 trillion yen.
