This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2023/08/04)


Kyoto   Hakone

Sharp operating deficit of 7 billion yen Sluggish liquid crystal panel business, etc.

2023-08-04 21:02:00
Sharp's financial results for the three months until June this year were an operating loss of 7 billion yen due to the continued slump in the liquid crystal panel business. The company plans to accelerate efforts to return to profitability, such as formulating plans to improve management.

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Business plan after the sale of Seven & i Sogo and Seibu explained to the labor union

2023-08-04 20:43:00
Regarding the sale of major department stores Sogo and Seibu, the parent company Seven & I Holdings explained the business plan after the sale for the first time at the Sogo and Seibu labor-management consultation held on the 4th. Seven & i will continue to provide explanations in the future, hoping to dispel the labor union's concerns about employment and other issues.

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Saudi Arabia announced that it will extend its voluntary additional production cuts of crude oil until September

2023-08-04 20:22:00
Saudi Arabia, one of the world's leading oil producers, has announced that it will extend its voluntary production cut of 1 million barrels per day from last month until next month. It is expected to support crude oil prices.

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[Economic column]

2023-08-04 18:45:00
On July 28, the Bank of Japan decided to operate YCC (Yield Curve Control), the current large-scale easing framework, more flexibly, allowing long-term interest rate fluctuations to exceed the upper limit of 0.5%. After that, long-term interest rates continued to rise and reached the 0.655% level for the first time in nine years. We interviewed what kind of overall picture you can see when you take a look at the market. (Economics Department reporter Koki Nishizono)

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yen exchange rate small price movement

2023-08-04 18:27:00
On the Tokyo foreign exchange market on the 4th, ahead of the announcement of the US employment statistics, the yen exchange rate moved slightly.

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China to abolish high tariff measures on Australian barley from 5th

2023-08-04 18:20:00
The Chinese government has announced that it will abolish measures to impose a high tariff of more than 80% on Australian barley introduced three years ago from the 5th. It seems that there is also an aim to improve diplomatic relations and lead to economic recovery.

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Spring labor offensive Wage increase rate of major companies 3.99%, the highest level in about 30 years

2023-08-04 17:57:00
The wage increase rate of major companies in this year's spring labor offensive was 3.99%, the highest level in about 30 years.

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Major trading company 3-month settlement Final profit decreased at 6 companies Due to falling resource prices, etc.

2023-08-04 17:15:00
The final profit of 6 out of 7 companies decreased due to the impact of the drop in resource prices, which had been soaring after the settlement of accounts for the three months until June of this year by major trading companies.

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Small price movements in stock prices U.S. government bond downgrade Temporarily wait-and-see

2023-08-04 16:07:00
On the 4th, the Tokyo stock market and the Nikkei Stock Average showed small price movements.

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5 major US IT companies continue to increase profits in 3-month financial results Strong performance of cloud business, etc.

2023-08-04 11:12:00
The three-month financial results of five major US IT companies, including Microsoft and Amazon, for the three months to June this year saw an increase in profits due to the strong cloud business and the effect of cost reductions due to personnel reductions. One after another.

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Saudi Arabia announces that it will extend its voluntary additional production cut of crude oil until September

2023-08-04 08:25:00
Saudi Arabia, one of the world's leading oil producers, has announced that it will extend its voluntary production cut of 1 million barrels per day from last month until next month. It is expected to support crude oil prices.

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Apple iPhone sales sluggish, revenue declines for 3 consecutive years, final profit up 2%

2023-08-04 07:51:00
American IT giant Apple's financial results for the three months until June this year saw sales decline for the third consecutive year due to sluggish sales of its main product, smartphones.

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Demonstration experiment at Tottori Sand Dunes, a space venture company aiming to develop a lunar rover

2023-08-04 07:44:00
A space venture company aiming to develop a lunar rover in collaboration with companies in Tottori Prefecture released a running test of a prototype model of the rover on the 3rd at a demonstration experiment base facility in the Tottori Sand Dunes.

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NY Dow drops for 2 consecutive days due to rising US long-term interest rates

2023-08-04 06:57:00
In the New York stock market on the 3rd, long-term interest rates in the United States rose to the highest level this year due to the downgrading of US government bonds, and selling orders were issued due to uncertainty about the future. There was a continuous price drop.

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To explain the business plan after the sale to the labor union of Seven & i Sogo and Seibu

2023-08-04 00:25:00
Regarding the sale of the major department store Sogo/Seibu, the parent company, Seven & i Holdings, will explain the business plan after the sale to the Sogo/Seibu labor union for the first time on the 4th. The focus is on whether it will lead to progress in the delayed sale talks as labor unions grow more concerned about employment and other issues.

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Kyoto   Mt.Fuji


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