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The men's freestyle 67 kilograms (lightweight) wrestling competition at the 1958 Asian Games in Tokyo was held from 25 to 27 May 1958.
The competition used a form of negative points tournament, with negative points given for any result short of a fall. Accumulation of 6 negative points eliminated the wrestler. When three wrestlers remained, they advanced to a final round. These 3 wrestlers each faced each other in a round-robin (with earlier results counting, if any had wrestled another before); record within the medal round determined medals, with bad points breaking ties.