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Saturday, November 14, 2026Nov 14

80-year-old Tokyo fish market holds final New Year auction

FILE - In this April 28, 2015 file photo, heads of tuna on a cart are carried by a fish dealer after the day's auction at Tsukiji Wholesale Market in Tokyo. In one of the biggest of Japan’s many New Year holiday rituals, early on Tuesday, Jan. 5, 2016, Tokyo’s Tsukiji market will auction off with much fanfare a huge, glistening tuna, likely destined for one of the big sushi chains. If all goes as planned, it will be the last such auction at 80-year-old Tsukiji. (AP Photo/Shuji Kajiyama, File)
FILE - In this April 28, 2015 file photo, heads of tuna on a cart are carried by a fish dealer after the day's auction at Tsukiji Wholesale Market in Tokyo. In one of the biggest of Japan’s many New Year holiday rituals, early on Tuesday, Jan. 5, 2016, Tokyo’s Tsukiji market will auction off with much fanfare a huge, glistening tuna, likely destined for one of the big sushi chains. If all goes as planned, it will be the last such auction at 80-year-old Tsukiji. (AP Photo/Shuji Kajiyama, File)

TOKYO (AP) – It’s among the biggest of Japan’s many New Year holiday rituals: Early on Tuesday, a huge, glistening tuna will be auctioned for a lot of money at Tokyo’s 80-year-old Tsukiji market. Next year, if all goes as planned, the tradition won’t be quite the same.

The world’s biggest and most famous fish and seafood market is due to move in November to a massive new complex further south in Tokyo Bay, making way for redevelopment of the prime slice of downtown real estate.

The closure of the Tsukiji market will punctuate the end of the post-war era for many of the mom-and-pop shops just outside the main market that peddle a cornucopia of sea-related products, from dried squid and seaweed to whale bacon and caviar.

The new year auction is typical of Japan’s penchant for fresh starts at the beginning of the year – the first visit of the year to a shrine and the first dream of the year are other important firsts – and it’s meant to set an auspicious precedent for the 12 months to come.

Sushi restaurateur Kiyoshi Kimura has prevailed in most of the recent new year auctions. In 2013, a bidding war drove his record winning bid to 154.4 million yen (at today’s exchange rates about $1.3 million) for a 222-kilogram fish.