Japanese Yen crosses such as the EUR/JPY and the USD/JPY do not use 0.0001 as a pip. Instead they use 0.01 or 1/100 of the exchange rate. So, the USD/JPY might be quoted as 110.01 where the trailing 0.01 equals one pip. This is a notable difference from most other currency pairs and is due to the very small value of a single Yen.