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

Economic news(2023/08/31)


Kyoto   Hakone

U.S. Price Index for Personal Consumption Expenditure in July

2023-08-31 23:48:00
In the United States, the PCE (Personal Consumption Expenditure Price Index) increased by 3.3% in July. Although above the previous month's level, the trend of calming inflation continues.

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Ministry of Economy, Trade and Industry requests extension and expansion of “wage increase tax system” Tax reform for next fiscal year

2023-08-31 22:03:00
With all ministries and agencies requesting the revision of the tax system in fiscal 2021, the Ministry of Economy, Trade and Industry has requested an extension of the deadline and expansion of the content of the so-called "wage increase tax system," which reduces corporate taxes for companies that are aggressive in raising wages. Did.

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Consumer price index for 20 eurozone countries in August rose 5.3% compared to the same month last year

2023-08-31 21:55:00
The European Union announced on the 31st that the August consumer price index for 20 euro zone countries, including Germany and France, rose by 5.3% compared to the same month last year, the same growth rate as the previous month. was.

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Chiba Bank chairman to take responsibility for 'structured bond' issue and resign in March next year

2023-08-31 21:20:00
Three companies, including Chiba Bank, received administrative sanctions over the sale of financial products called "structured bonds" that advertise high yields but carry risks. He announced that he would resign in March.

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More than 10 countries are interested in the proposed overseas pavilion “Type X” at the Osaka/Kansai Expo

2023-08-31 20:43:00
In light of delays in preparations for the pavilions that foreign countries will independently construct for the Osaka/Kansai Expo to be held next year, the Exposition Association, which is the organizer, has decided that the association will build a box-shaped building and give each country the design of the exterior. We are proposing a method called “Type X” that entrusts So far, more than 10 countries have expressed interest in this matter, and interviews with relevant parties have revealed that several countries are proceeding with concrete considerations.

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[Details] Sogo and Seibu labor union decides to sell despite unprecedented strike action

2023-08-31 19:24:00
The labor union, which is protesting the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled operations at the entire Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings announced on the 31st that its board of directors had finally resolved to sell the company, despite ongoing discussions with the labor union. I will tell you about the movement on the 31st regarding the strike in chronological order. In the second part, why did the strike occur? It explains in detail about future prospects.

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Financial Services Agency to conduct focused investigation into Sompo Japan's response to fraudulent insurance claims issue

2023-08-31 19:07:00
Regarding the issue of fraudulent insurance claims by Big Motor, non-life insurance companies compiled the actual status of their transactions with Big Motor and reported it to the Financial Services Agency by the 31st. The Financial Services Agency plans to focus its investigation into whether there were any problems with Sompo Japan Insurance's response to restarting business with Big Motor without conducting any additional investigation despite being aware of the possibility of fraud.

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Ministry of Economy, Trade and Industry requests extension and expansion of “wage increase tax system” Tax reform for next fiscal year

2023-08-31 19:02:00
With all ministries and agencies requesting the revision of the tax system in fiscal 2021, the Ministry of Economy, Trade and Industry has requested an extension of the deadline and expansion of the content of the so-called "wage increase tax system," which reduces corporate taxes for companies that are aggressive in raising wages. Did.

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[Updated from time to time] Sogo and Seibu labor union strikes, resolution to sell Seven & i

2023-08-31 18:17:00
The labor union, which is protesting the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled operations at the entire Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings announced on the 31st that its board of directors had finally resolved to sell the company, despite ongoing discussions with the labor union. We will keep you updated on today's developments surrounding the strike. The latter part provides a detailed explanation of the background and history of industry reorganization.

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Major banks continue to raise fixed interest rates on mortgages

2023-08-31 17:32:00
In response to the rise in long-term interest rates, major banks are moving one after another to raise the fixed interest rates on mortgages that will apply next month.

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[Updated from time to time] Sogo and Seibu labor union strikes, resolution to sell Seven & i

2023-08-31 16:56:00
The labor union, which is protesting the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled operations at the entire Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings announced on the 31st that its board of directors had finally resolved to sell the company, despite ongoing discussions with the labor union. We will keep you updated on today's developments surrounding the strike. The latter part provides a detailed explanation of the background and history of industry reorganization.

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Demonstration experiment to carry only baggage on Shinkansen to respond to JR East's ``2024 problem''

2023-08-31 16:53:00
In response to the so-called "2024 problem," which is a serious labor shortage in the logistics industry, JR East conducted a demonstration experiment of loading and transporting a large amount of luggage without passengers on the Shinkansen.

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Problems of maintenance and management of water supply Systems for reusing residential wastewater

2023-08-31 16:51:00
As the maintenance and management of water pipes becomes an issue due to population decline and aging facilities, a startup company in Tokyo has developed a new system that can reuse domestic wastewater from homes and has begun demonstration experiments in collaboration with local governments. I was.

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Request for power saving within TEPCO service area ends today. Power saving progresses and tightness in power supply and demand is avoided.

2023-08-31 16:31:00
The government's request to save electricity this summer in areas covered by TEPCO will end on the 31st. Thanks in part to efforts by households and businesses to conserve electricity, the power supply and demand situation has not been tight over the past two months.

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Seven & i resolves to sell Sogo/Seibu to a US investment fund

2023-08-31 16:05:00
The labor union, which is protesting the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled operations at the entire Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings announced on the 31st that the board of directors had finally resolved to sell the company, despite ongoing discussions.

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July: 68,151 housing units started construction nationwide, down 6.7% from the same month last year

2023-08-31 15:35:00
In July, the number of housing construction starts nationwide was 68,151 units, down 6.7% from the same month last year, marking the second consecutive month of decline.

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[Updated from time to time] Sogo and Seibu labor union strikes, resolution to sell Seven & i

2023-08-31 15:32:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings held a board of directors meeting on the morning of the 31st and made a final resolution to sell the company to an American investment fund. The sale is expected to be completed on September 1st. We will keep you updated on today's developments surrounding the strike. The latter part provides a detailed explanation of the background and history of industry reorganization.

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[Updated from time to time] Sogo and Seibu labor union strikes, resolution to sell Seven & i

2023-08-31 15:08:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings held a board of directors meeting on the morning of the 31st and made a final resolution to sell the company to an American investment fund. The sale is expected to be completed on September 1st. We will keep you updated on today's developments surrounding the strike. The latter part provides a detailed explanation of the background and history of industry reorganization.

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Two major online securities companies waive transaction fees for domestic stocks

2023-08-31 14:36:00
Two of the largest internet securities companies have announced that they will waive commissions on domestic stock transactions. In anticipation of the expansion of the preferential tax system "NISA" in January next year, there is growing interest in future asset building, and the competition to acquire customers is intensifying among securities companies.

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When Sompo Japan announced the resumption of transactions, Big Motor said it would strengthen its relationship with Sompo Japan

2023-08-31 14:07:00
New facts have come to light regarding the issue in which the president of Sompo Japan Insurance Co., Ltd. urged the company to resume business with Big Motor, which had been suspended, despite being aware of the possibility of fraud, at a board meeting last July. After this meeting, when the officer in charge informed Big Motor's president of the company's plan to resume business as soon as possible, Big Motor's president said that he would like to request insurance business from the newly opened store. I found out that The Financial Services Agency plans to investigate in detail the interactions between the two companies.

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Estimated budget request exceeds 110 trillion yen, highest forecast ever Defense costs and social security costs will increase

2023-08-31 13:34:00
The 31st is the deadline for submission of budget requests for the national budget for the next fiscal year (FY2021) from each ministry to the Ministry of Finance. Reflecting the increase in defense and social security costs, the total amount requested in the general account is expected to exceed 110 trillion yen for the third consecutive year, a record high.

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[Updated from time to time] Sogo and Seibu labor union strikes, resolution to sell Seven & i

2023-08-31 13:04:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. Meanwhile, parent company Seven & i Holdings held a board of directors meeting on the morning of the 31st and made a final resolution to sell the company to an American investment fund. The sale is expected to be completed on September 1st. We will keep you updated on today's developments surrounding the strike.

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Estimated budget request exceeds 110 trillion yen, highest forecast ever Defense costs and social security costs will increase

2023-08-31 12:35:00
The 31st is the deadline for submission of budget requests for the national budget for the next fiscal year (FY2021) from each ministry to the Ministry of Finance. Reflecting the increase in defense and social security costs, the total amount requested in the general account is expected to exceed 110 trillion yen for the third consecutive year, a record high.

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China's manufacturing industry business confidence index in August remains below the milestone of 50 for 5 consecutive months

2023-08-31 12:31:00
China's manufacturing industry business confidence index this month has dropped from 50 to 5, due to slowing recovery in domestic demand due to sluggish growth in export orders and a slump in the real estate market. It has fallen for consecutive months.

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Seven & i resolves to sell Sogo/Seibu to a US investment fund

2023-08-31 12:24:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, etc., went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. On the other hand, the parent company Seven & i Holdings made a final decision to sell at the board meeting on the morning of the 31st, while discussions were in parallel.

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When Sompo Japan announced the resumption of transactions, Big Motor said it would strengthen its relationship with Sompo Japan

2023-08-31 12:16:00
New facts have come to light regarding the issue in which the president of Sompo Japan Insurance Co., Ltd. urged the company to resume business with Big Motor, which had been suspended, despite being aware of the possibility of fraud, at a board meeting last July. After this meeting, when the officer in charge informed Big Motor's president of the company's plan to resume business as soon as possible, Big Motor's president said that he would like to request insurance business from the newly opened store. I found out that The Financial Services Agency plans to investigate in detail the interactions between the two companies.

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Seven & i resolves to sell Sogo/Seibu to a US investment fund

2023-08-31 12:10:00
In negotiations for the sale of major department stores Sogo and Seibu, parent company Seven & i Holdings held a board meeting on the morning of the 31st and made a final resolution to sell the company to an American investment fund. The sale is expected to be completed on September 1st, while the Sogo and Seibu labor unions are on strike due to concerns about employment and other issues.

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[updated from time to time] Sogo and Seibu union strike at Seibu Ikebukuro main store

2023-08-31 12:06:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. On the other hand, the parent company, Seven & i Holdings, plans to hold a board meeting on the 31st and make a final decision on the sale while the discussions are parallel. We will keep you updated on today's developments surrounding the strike.

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Industrial production index for July was 2.0% lower than the previous month, the first decline in two months

2023-08-31 10:55:00
The industrial production index, which indicates corporate production activities, fell for the first time in two months.

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[updated from time to time] Sogo and Seibu union strike at Seibu Ikebukuro main store

2023-08-31 10:25:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. On the other hand, the parent company, Seven & i Holdings, plans to hold a board meeting on the 31st and make a final decision on the sale while the discussions are parallel. We will keep you updated on today's developments surrounding the strike.

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[updated from time to time] Sogo and Seibu union strike at Seibu Ikebukuro main store

2023-08-31 10:14:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, went on strike on the 31st and canceled sales at the Seibu Ikebukuro main store. On the other hand, the parent company, Seven & i Holdings, plans to hold a board meeting on the 31st and make a final decision on the sale while the discussions are parallel. We will keep you updated on today's developments surrounding the strike.

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Industrial production index for July was 2.0% lower than the previous month, the first decline in two months

2023-08-31 09:09:00
The industrial production index in July, which indicates corporate production activity, was 103.6 with 2020 as 100, 2.0% lower than the previous month, and the first decline in two months.

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Budget request for next fiscal year's budget exceeds 110 trillion yen for 3 consecutive years, the largest forecast ever

2023-08-31 06:33:00
The 31st is the deadline for submission of budget requests for the national budget for the next fiscal year (FY2021) from each ministry to the Ministry of Finance. Reflecting increases in defense and social security spending, the total amount requested in the general account is expected to exceed 110 trillion yen for the third consecutive year, the highest ever.

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Sogo/Seibu labor union strikes today Seibu Ikebukuro main store operation canceled

2023-08-31 04:12:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, will go on strike on the 31st and cancel sales at the Seibu Ikebukuro main store. On the other hand, the parent company, Seven & i Holdings, plans to hold a board meeting on the 31st and make a final decision on the sale while the discussion remains parallel.

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Kyoto   Mt.Fuji


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