EducationShrinking reserves threaten research at Japan's top university as staff cuts loomThe University of Tokyo is expected to run a deficit for the second year in a row in fiscal 2026, raising questions over its financial viability. (Photo by Kosuke Imamura)Nikkei staff writersAugust 6, 2026 18:01 JSTTOKYO -- The University of Tokyo, widely regarded as Japan's best, will likely post a net loss for the second consecutive year in fiscal 2026, Nikkei learned Thursday.