Bluefin Tuna Sells for Historic Bid of $3.2 million at Tokyo New Year Sale

A large bluefin tuna on display at a fish market auction
The 'Tuna King' is a prominent presence at the annual bidding war.

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

The winning bid for the 243kg fish came from the parent firm of a well-known sushi chain, which operates locations across the country and internationally.

"An inaugural tuna brings good luck," stated the business owner, a regular participant at the traditional first sale.

Dubbed the Tuna King, this industry figure is famous for making substantial bids for premium bluefin tuna at these symbolic year-opening auctions.

Auction Surprise and Historic Precedent

After the auction, the successful bidder informed the press that he was "taken aback at the final price," stating, "I expected we would be able to purchase it a little for less, but the price skyrocketed rapidly."

This new purchase exceeds his own historic purchases:

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

Even after once remarking that he thought he "did too much," he has now managed to break his own record once again.

An Annual Spectacle of High Prices

The inaugural auction at the Tokyo fish market is typically known for exorbitant prices. The previous year, the initial tuna was acquired for 207 million yen by another culinary group, which stated the fish would be served at its restaurants throughout the country.

The frenetic atmosphere at the fish market during these early morning auctions has transformed into a must-see event in Tokyo. Monday's auction, which commenced around 05:00 local time, was no exception.

Immediate Consumption

The multi-million-dollar tuna was promptly sliced up for customers at the bidder's sushi establishments shortly after the auction ended.

"I sense like I've begun the year in a auspicious way after tasting something so lucky as the year gets underway," shared one happy patron.

Kimberly Yu
Kimberly Yu

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