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Event Brief

Japan downgrades Tokyo quake damage estimate to $534bn

Japan revises the estimated damage from the Tokyo earthquake to $534 billion, reflecting a significant reduction.
WHO: Japanese government
WHAT: downgraded damage estimate
WHEN: Dec 4, 2025 at 7:00 PM ET
WHERE: Tokyo, Japan
WHY: to reflect updated assessments of the earthquake's impact
Sources (1): Nikkei Asia

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