History was made on Saturday as the Japan men's hockey team won their first-ever Asian Games gold medal after beating Malaysia.

The Speedy Tigers, who were leading 5-2 at one point, lost on penalties after drawing 6-6 in regular time at the GBK Hockey Field in Jakarta, Indonesia.

Stephen van Huizen's team raced to a 3-1 lead in the first quarter, with Razie Rahim's penalty corner goal and Tengku Ahmad Tajuddin's brace sandwiching Seren Tanaka's goal.

In the second quarter, Faizal Saari increased Malaysia's lead in the 17th minute before Kenta Tanaka pegged one back for Japan.

After a quiet third quarter, the floodgates reopened in the final 15 minutes with Kentaro Fukuda striking twice in between Amirol Aideed's 49th minute penalty corner goal, before Koji Yamasaki equalised for Japan.

Razie thought he had won it for Malaysia with his second penalty corner goal of the night in the 58th minute, but Hiromasa Ochiai sent the match into extra time in the dying seconds.

Malaysia, who beat defending champions India on penalties two days ago, were unable to repeat the feat and lost 3-1 in the penalty shootout to equal their best achievement of winning silver in 2010.

As for Japan, coupled with their women's hockey team's 2-1 against India on Friday, they became the second nation to win both hockey gold medals at the same Asian Games since South Korea in 1986 and 1994.

In an earlier men's hockey bronze medal match, India beat Pakistan 2-1.