News

Tokyo’s “Good Luck Tuna” Auction Price Plunges 95%, Not So Lucky In The Face Of The Pandemic

New Year’s tuna auction in Japan


Most of us wouldn’t think twice about buying regular tuna while grocery shopping, but that certainly changes when the price tag is an eye-watering ¥17 million (~USD147,000)

On 5th January, a top-tier bluefin tuna at the Toyosu Market in Tokyo, Japan weighed a whopping 211kg and was sold at its New Year’s auction for a grand total of 16.9 million yen. The massive tuna was caught off the shore of the northern Aomori region in Japan.

But despite the exorbitant price, this year’s tuna auction was a disappointment – pre-Covid, a premium bluefin tuna could fetch 20 times the price at the new year’s auction.


Symbolism of the New Year’s tuna auction



Image credit: Jonathan Forage

The first tuna auction of the year in Japan is as close to ceremonial as it can get; it is an annual tradition that attracts the attention of many fish wholesalers and restaurant chains. Being able to obtain the top-ranking tuna symbolically brings both good luck and publicity for the buyer, and heralds auspiciousness for them in the new year. 

Most buyers are willing to part with exorbitant amounts of money in order to secure ownership of the prized tuna – it is even seen as a sign of prestige to have the resources to spend that much money on a single fish. 

In this year’s auction, Yamayuki, a Japanese wholesaler that works with the Michelin-starred sushi chain Onodera, bid for and won the auction for the “good luck” tuna. 

In an interview with Agence France-Presse (AFP), head chef Akifumi Sakagami expressed hopes of serving the top quality tuna to customers in an effort to lift their spirits in the midst of the pandemic and give them a little more to look forward to in the coming year. 


Covid-19 impacts sales of New Year’s tuna



Image credit: Beth Macdonald

This year’s top tuna sold at an eye-watering amount of ¥17 million (~USD147,000), and yet it is but a small fish in the pond of the “good luck” tuna sales. 

Prior to the pandemic, prices for the top-ranking tuna were much higher. In 2019, it sold for a staggering ¥333.6 million (~USD2.8 million) – a good twenty times the price of this year’s new year’s tuna. 

The low numbers have been attributed to the pandemic, which has caused many people to dine out less for fear of being infected with the virus. With fewer people out and about, restaurant operators are living in an age of uncertainty, causing them to bid lower prices for their prized New Year’s tuna, regardless of the prospect of prosperity. 


Sushi enthusiasts still hankering for “good luck” tuna


Despite the dismal tuna auction, consumers were still interested in having a taste of the prized tuna. People travelled from far and wide across Japan just to get a ticket to eat at one of the restaurants operated by the Onodera group. 

One such individual is 78-year-old Junko Kawabata, who told AFP that she rushed over on a train from eastern Tokyo in order to get a ticket for the prized tuna.


Image credit: @panospianos

Tuna is a well-known Japanese delicacy, and whether for good luck or personal enjoyment, it is unsurprising that people would go to such lengths to have a taste of top-tier tuna. 


Higher hopes for New Year’s tuna auction in 2023


With the pandemic still ravaging the world, our lives have been irrevocably changed. However, it is the hopes and dreams of people across the world that we will reach a new normal, and perhaps next year’s New Year’s tuna auction will see a return to its pre-pandemic price tag.   

Also check out: 


Cover image adapted from: Jonathan Forage

Nicole Wee

Recent Posts

Rosa & Berry Tawada: Indulge Your Secret Garden Fantasies With Shaun The Sheep In This English Garden

Interact with farm animals, and experience life-sized recreations of sets and popular characters from Shaun…

May 9, 2023

Nabana no Sato: Visit A Sea Of Illumination In This Seasonal Theme Park With Flowers & Lights Galore

From seasonal blooms to millions of LED light on display, Nabana no Sato in Mie…

May 9, 2023

Shiroi Koibito Park: Chocolate Factory In Sapporo To Live Out Your Willy Wonka Dreams IRL

At Shiroi Koibito Park, you can take a peek at how the iconic Hokkaido souvenir…

May 9, 2023

Shinobi Zato: Step Into The World Of Naruto & Boruto, & Eat Ichiraku Ramen For Real

Flaunt your anime ninja moves and try Naruto's favourite ramen at Shinobi Zato, a Naruto…

May 9, 2023

Yufuin Floral Village: A Hidden Slice Of England With Multiple Petting Zoos & Artisan Stalls

With English cottage-style shops and adorable animals, Yufuin Floral Village is the place to be…

May 8, 2023

Farm Tomita: Lavender Plantation With Colourful Flower Fields To Calm Your Soul

One of Hokkaido's most iconic sightseeing spots, Farm Tomita comes alive in summer when rows…

May 8, 2023