Is the Stock Market Open on New Year’s Day 2027? TSE/JPX Hours
January 1, 2027
Is the Stock Market Open on New Year’s Day 2027? TSE/JPX Hours
Tokyo Stock Exchange (JPX) are closed on Friday, for New Year's Day.
- Next holiday
- Coming of Age Day, January 11, 2027
- Regular hours
- 9:00 am to 11:30 am and 12:30 pm to …
Full schedule and background: TSE/JPX Holidays.
Updated
The Tokyo Stock Exchange (JPX) is closed on Friday, January 1, 2027 for New Year’s Day. This is part of Japan’s traditional market shutdown that runs from December 31 through January 3 each year, one of the longest scheduled closures on any major exchange calendar. No cash equity trading, and no JPX derivatives trading, takes place on this date. Orders queued during the closure will not execute until the market reopens, and settlement of any trades from the last session of 2026 follows Japan’s standard T+2 cycle from that prior trading day. For the full year-ahead schedule, see the TSE/JPX holiday calendar.
Which markets are closed on New Year’s Day 2027?
| Market | Status | Notes |
|---|---|---|
| Tokyo Stock Exchange (equities) | Closed | Closed as part of Japan’s December 31 to January 3 New Year holiday period |
| JPX derivatives (futures and options) | Closed | Nikkei 225 and TOPIX futures and options do not trade |
| New York Stock Exchange and Nasdaq | Open (regular hours) | US markets do not observe Japan’s New Year holiday |
| London Stock Exchange | Open (regular hours) | UK markets are open on January 1, 2027, a Friday, though many observe January 1 itself as a UK bank holiday when it falls on a different date; check the LSE calendar for the exact 2027 schedule |
| Euronext | Closed | Euronext markets typically close for New Year’s Day |
| SIFMA (US bond market) | Not applicable | This is a Japan-specific holiday and does not affect the US bond market recommendation |
Because January 1 falls on a Friday in 2027, the closure runs through the preceding weekend into the new working week, extending the effective break for Japanese investors.
Is the market open the day before and after?
The TSE is closed for the entire New Year period from December 31, 2026 to January 3, 2027, with no early closes scheduled during this stretch: the exchange is simply shut, not operating on shortened hours. The last trading day of 2026 was December 30, 2026. Trading resumes on January 4, 2027, assuming that date is not a weekend, at the exchange’s regular hours of 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST. Investors placing orders during the closure should expect them to sit unfilled until the reopening session.
Why do markets close for New Year’s Day?
Japan’s New Year holiday, known as Shōgatsu, is the country’s most significant annual observance, traditionally marked by family gatherings, temple visits and a broad pause in commercial activity. The Tokyo Stock Exchange has long extended its holiday closure across the first three days of January to align with this national custom, rather than closing for a single day as many Western exchanges do around January 1.
This multi-day closure is distinct from single-day holidays elsewhere and reflects a cultural rather than purely regulatory rationale, with the exchange formally designating December 31 to January 3 as non-trading days each year.
What It Means for Your Money
If you hold Japanese shares or exchange-traded funds through a broker, any sell or buy orders placed on January 1, 2027 will simply wait until the market reopens on January 4, so there is no risk of a trade executing at an unexpected price overnight. Settlement of trades made before the closure will complete on the normal cycle once the exchange is back in session. Dividend payment dates and options expiry schedules tied to Japanese listings are set around the exchange’s published trading calendar, so a holiday closure does not by itself delay a dividend, though it can shift the timing of the underlying settlement by a day or two. Domestic Japanese bank transfers and some payroll processing may also pause over the holiday period, similar to how bank holidays work in the UK or the US. This closure has no bearing on cryptocurrency markets, which trade continuously, 24 hours a day, seven days a week, regardless of any stock exchange holiday. Investors in the UK, Europe or the US holding Japan-focused funds should simply expect no pricing update on Japanese-listed assets until the TSE reopens.
Remaining TSE/JPX holidays in 2027
- Coming of Age Day, January 11, 2027
- National Foundation Day, February 11, 2027
- Emperor’s Birthday, February 23, 2027
- Vernal Equinox Day (Observed), March 22, 2027
- Showa Day, April 29, 2027
- Constitution Memorial Day, May 3, 2027
- Greenery Day, May 4, 2027
- Children’s Day, May 5, 2027
- Marine Day, July 19, 2027
- Mountain Day, August 11, 2027
- Respect for the Aged Day, September 20, 2027
- Autumnal Equinox Day, September 23, 2027
- Sports Day, October 11, 2027
- Culture Day, November 3, 2027
- Labor Thanksgiving Day, November 23, 2027
- New Year’s Eve (Market Holiday), December 31, 2027
The next scheduled closure after New Year’s Day is Coming of Age Day on January 11, 2027.
Frequently Asked Questions
Is the stock market open on New Year’s Day 2027 in Japan?
No. The Tokyo Stock Exchange is closed on January 1, 2027 as part of its annual December 31 to January 3 New Year closure.
Is the bond market open on this day?
Japanese government bond trading and related fixed-income markets follow the same New Year closure as the equity exchange, so no domestic bond trading occurs on January 1, 2027.
What time does the TSE close on regular trading days?
On normal trading days the TSE operates from 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST, with a midday break between the morning and afternoon sessions.
When is the next TSE market holiday after New Year’s Day?
The next closure is Coming of Age Day on January 11, 2027.
Are Japanese banks open on January 1, 2027?
Most Japanese banks are closed for the New Year holiday period, similar to the exchange closure, though exact bank schedules can vary slightly by institution.