Bluefin Fish Fetches Historic Price of $3.2 million at Tokyo New Year Sale

A large bluefin tuna on display at a fish market auction
A familiar auction figure is a prominent participant at the traditional event.

A massive Pacific bluefin tuna made headlines at the Toyosu fish market this Monday, achieving a record-breaking bid of 510.3 million yen ($3.2 million; £2.4m) during the venue's inaugural auction of the new year.

The winning bid for the 243kg fish was submitted by the company of a nationwide sushi chain, which operates locations domestically and internationally.

"An inaugural tuna signals fortune," remarked the business owner, a familiar bidder at the yearly first sale.

Dubbed the Tuna Tycoon, this industry figure is noted for making high bids for bluefin tuna at these auspicious year-opening auctions.

Bidding Surprise and Record-Setting Past

After the auction, the winner informed journalists that he was "taken aback at the final price," stating, "I believed we would be able to acquire it a little at a lower price, but the price soared rapidly."

This new acquisition surpasses his own notable purchases:

  • He paid 56.5 million yen back in 2012.
  • He paid 155 million yen a year later.
  • In 2019, he acquired a tuna for 333.6 million yen ($2.1 million).

Despite previously commenting that he thought he "bid too high," he has now proceeded to shatter his personal record yet again.

A Tradition of Exorbitant Bids

The inaugural auction at the Tokyo fish market is traditionally associated with sky-high prices. Last year, the initial tuna was bought for 207 million yen by a different culinary group, which indicated the fish would be featured at its locations across Japan.

The high-energy atmosphere at the fish market during these early morning auctions has evolved into a major event in Tokyo. Monday's auction, which started around 05:00 local time, was no exception.

Immediate Consumption

The record-priced tuna was promptly prepared for customers at the entrepreneur's sushi restaurants shortly after the auction was finished.

"I sense like I've begun the year in a auspicious way after consuming something so lucky as the year gets underway," remarked one elated customer.

Sarah Dudley
Sarah Dudley

A passionate gamer and tech enthusiast, Elara shares in-depth reviews and industry insights from years of experience.