President Donald Trump purchased between $1 million and $5 million of stock in Kura Sushi USA, a Japan-linked conveyor-belt sushi chain, helping send the company’s shares up by more than 5%.Kura Sushi USA, tied to the Japan-based Kura Sushi chain, stood out among roughly 3,700 trades disclosed in the president’s latest filings with the Office of Government Ethics. It was one of Trump’s largest purchases of the year so far.The sushi investment raised speculation in Japan, where some social media users questioned whether the purchase was intentional.

“A new theory is emerging; trump accidentally bought Kura sushi, confusing it with FujiKura (AI stock),” suggested one X user.

A market analyst at Mitsubishi UFJ eSmart Securities said Kura Sushi’s U.S. business has been performing strongly and suggested that Trump’s ownership stake could boost Kura Sushi shares among retail investors in Tokyo trading.

The president’s first-quarter trades included purchases of Nvidia, Adobe, Oracle, Microsoft, Procter & Gamble, Texas Instruments, Motorola, Amazon, Costco, Dell, Boeing, Uber, and Apple.

His broader holdings also included stakes in companies such as Disney, Paramount Skydance, Warner Bros, DoorDash, Chipotle, Pinterest, Alphabet, Philip Morris, Altria, Honeywell, eBay, Home Depot, Walmart, and Meta, among others.