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Data study · Inbound travel

Japan's tourism boom vs the weak yen

Published by YenHacks

Data as of . Updated monthly when JNTO publishes.

Quotable facts

  1. Japan recorded 3,103,700 visitor arrivals in September 2026. Source: Japan National Tourism Organization (JNTO)
  2. The highest arrivals count in this series was 3,909,128 in April 2025. Source: Japan National Tourism Organization (JNTO)
  3. One US dollar bought an average of 156.23 yen in September 2026. Source: Bank of Japan
  4. The agency reported inbound visitor spending of ¥2.21 trillion for July 2026 to September 2026. Source: Japan Tourism Agency

Monthly arrivals and the yen

ArrivalsYen per US dollar 3,909,1280 162.45144.27 2025-012026-09
Solid line: JNTO visitor arrivals, left axis. Dashed line: Bank of Japan monthly average USD/JPY, right axis. More yen per dollar means a weaker yen against the US dollar.
Exact monthly figures
MonthVisitor arrivalsYen per US dollar
2025-013,781,629156.42
2025-023,258,491152.03
2025-033,497,755149.14
2025-043,909,128144.27
2025-053,693,587144.77
2025-063,377,985144.47
2025-073,437,118146.85
2025-083,428,406147.64
2025-093,267,228147.93
2025-103,896,524151.32
2025-113,517,659155.08
2025-123,617,791155.85
2026-013,597,881156.79
2026-023,466,848155.23
2026-033,619,159158.64
2026-043,692,364159.28
2026-053,560,256158.34
2026-063,148,754160.69
2026-073,442,310162.45
2026-083,098,900158.81
2026-093,103,700156.23

Top markets by arrivals

September 2026, among markets with a published figure for the month. Source: Japan National Tourism Organization (JNTO).

MarketArrivals
South Korea842,300
Taiwan595,600
China430,800
United States217,500
Hong Kong145,000

Download the data (CSV)

Method

Monthly totals and markets come from the JNTO statistics tables. The series includes preliminary counts as published by JNTO and may be revised. Explore the Japan Tourism Statistics portal for more breakdowns.

Arrivals and the Bank of Japan rate are paired by calendar month. The chart compares the series for correlation. It does not establish causation. The Japan Tourism Agency survey figure covers July 2026 to September 2026 and is kept separate from the monthly chart (¥2.21 trillion, exactly 22,076 hundred million yen in the source).

FAQ

Does a weaker yen explain visitor arrivals?

The chart compares the series for correlation. It does not establish causation or separate exchange rates from seasonality, flight capacity and other factors.

What does the exchange rate measure?

The Bank of Japan series is the monthly average US dollar spot rate at 17:00 Japan time in the Tokyo market, in yen per dollar.

Why is spending shown by quarter?

The Japan Tourism Agency consumption survey publishes quarterly figures. The latest available quarter is shown in its published unit.

Cite this: YenHacks, “Japan's tourism boom vs the weak yen,” data through September 2026. https://yenhacks.com/study/japan-inbound-tourism-yen-2026

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