The Nikkei 225 index is at all-time-highs in August 2025. Highest pay hikes in 30 years, BoJ raised interest rates etc. (sure, both because of inflation, but still).

Things seem to be slowly changing in Japan.

The yen is crashing, there are rice shortages and the country is at 0% growth - before Trump's tarriffs.

At this point it is wrong to speak about Japan's "lost decade" - it should be "lost decades".