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

Economic news(2023/11/10)


Kyoto   Hakone

Sharp to promote new technology at independent exhibition, hopes to improve profits

2023-11-10 21:09:00
Sharp, a major electronics manufacturer, held its first independent exhibition in Tokyo to coincide with its 111th anniversary. As the LCD panel business continues to be in a slump, we hope to promote our new technology and improve profitability.

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Government Cabinet approves this year's supplementary budget bill General account total: 13,199.2 billion yen

2023-11-10 19:57:00
The government has approved a supplementary budget for this fiscal year with a total general account budget of over 13.1 trillion yen, as support for new economic measures centered on measures to address rising prices. Nearly 70% of the financial resources, or 8.8 trillion yen, will be covered by additional government bond issuance.

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Interim earnings peak for companies listed on the Tokyo Stock Exchange, with more than half increasing profits

2023-11-10 19:48:00
On the Tokyo Stock Exchange, announcements of interim financial results for this fiscal year by listed companies reached their peak on the 10th. More than half of the companies have announced that their business performance will increase due to the normalization of economic activity and the weaker yen, with more than half of the companies reporting an increase in profits.

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Resona HD raises interest rates on term deposits “to become an option for asset management”

2023-11-10 19:26:00
Masahiro Minami, president of Resona Holdings, said about raising interest rates on yen time deposits at the group's four banks for the first time in 16 years from the 13th of this month, saying, ``As long-term interest rates change, we want to make this an option for asset management.'' ” he emphasized.

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Government Cabinet approves this year's supplementary budget bill General account total: 13,199.2 billion yen

2023-11-10 18:46:00
The government has approved a supplementary budget for this fiscal year with a total general account budget of over 13.1 trillion yen, as support for new economic measures centered on measures to address rising prices. Nearly 70% of the financial resources, or 8.8 trillion yen, will be covered by additional government bond issuance.

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Yen exchange rate falls against the dollar, raising concerns about prolonged US monetary tightening

2023-11-10 18:40:00
In the Tokyo foreign exchange market on the 10th, the yen depreciated against the dollar as there was a growing sense of caution about the prolonged monetary tightening following the remarks of US Federal Reserve Board Chairman Jerome Powell.

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Zensho final profit reaches record high in interim financial results ``Sukiya'' and other developments

2023-11-10 18:15:00
Zensho Holdings, which operates the beef bowl chain "Sukiya" and other businesses, achieved a record high interim financial result, with final profit of 15.7 billion yen, an increase of 2.1 times from the same period last year, due to a recovery in demand for eating out. .

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Asahi Breweries' new factory in Saga postpones start of operation by three years due to sharp rise in costs

2023-11-10 18:06:00
Major beer company Asahi Breweries has announced that it will postpone the start of operations for a new factory in Tosu City, Saga Prefecture, by three years to 2029, citing a significant increase in construction costs.

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Interim earnings peak for companies listed on the Tokyo Stock Exchange, with more than half increasing profits

2023-11-10 18:01:00
On the Tokyo Stock Exchange, announcements of interim financial results for this fiscal year by listed companies reached their peak on the 10th. More than half of the companies have announced that their business performance will increase due to the normalization of economic activity and the weaker yen, with more than half of the companies reporting an increase in profits.

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[Economy column from China]

2023-11-10 17:40:00
When you hear the words ``three sectors go bankrupt'' and ``the third sector is in huge deficit,'' some people may remember old news stories that occurred in various parts of Japan. Now, in China, a similar "three-sector problem" is about to ignite, with the country facing an order of magnitude larger debt. It's called a "loan flat." What is China's version of the three-sector problem, which threatens to worsen local government finances and shake up global financial markets? (Naoto Shimomura, China General Bureau reporter)

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Sushiro operating company's final profit more than doubled from last year due to strong overseas stores

2023-11-10 17:37:00
The operating companies of the major conveyor belt sushi chain "Sushiro" and other companies have reported that their final profits for the year ending September were more than double that of the previous year due to the strong performance of overseas stores such as Taiwan and Hong Kong. increased to.

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Government Cabinet approves this year's supplementary budget bill General account total: 13,199.2 billion yen

2023-11-10 16:53:00
The government has approved a supplementary budget for this fiscal year, with a total general account budget of over 13.1 trillion yen, as support for new economic measures centered on responding to rising prices. More than 8.8 trillion yen, nearly 70% of the financial resources, will be covered by additional government bond issuance.

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Stock price: Slight price movement, drop of nearly 400 yen at one point, but buyback movement

2023-11-10 16:31:00
On the Tokyo stock market on the 10th, there were sell orders in advance due to concerns about the prolonged monetary tightening in the United States, but after that there were buybacks and stock prices moved only slightly.

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Sushiro operating company's final profit more than doubled from last year due to strong overseas stores

2023-11-10 16:28:00
The operating companies of the major conveyor belt sushi chain "Sushiro" and other companies have reported that their final profits for the year ending September were more than double that of the previous year due to the strong performance of overseas stores such as Taiwan and Hong Kong. increased to.

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Former Nomura Securities President Yoshihisa Tabuchi dies at age 91, driver of business expansion during the bubble period

2023-11-10 15:38:00
Yoshihisa Tabuchi, who served as the president of Nomura Securities, a major securities company, and was a driving force behind the expansion of business during the bubble period, passed away on the 8th of this month. He was 91 years old.

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Government Cabinet approves this year's supplementary budget bill General account total: 13,199.2 billion yen

2023-11-10 15:31:00
The government has approved a supplementary budget for this fiscal year, with a total general account budget of over 13.1 trillion yen, as support for new economic measures centered on responding to rising prices. More than 8.8 trillion yen, nearly 70% of the financial resources, will be covered by additional government bond issuance.

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Minister of Economy, Trade and Industry Nishimura attends IPEF to “deliver results that are beneficial to emerging countries”

2023-11-10 13:23:00
Minister of Economy, Trade and Industry Nishimura said that he will be attending a meeting of the Indo-Pacific Economic Framework (IPEF), an economic partnership framework, that will be held in the United States from the 13th of this month, and that Japan will hold discussions to ensure that the outcome is beneficial for emerging countries as well. He showed his intention to take the lead.

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State Minister of Finance Kanda acknowledges past tax arrears and “continues to carry out his duties”

2023-11-10 13:18:00
State Minister of Finance Kanda acknowledged in a weekly magazine that he had failed to pay taxes in the past, and at a House of Councilors committee on the 9th, he acknowledged the fact and said he was ``deeply remorseful.'' I apologized. Regarding his own progress, he said, ``I will continue to devote all my efforts to the execution of his duties.''

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``Nishikigoi'' ``Chinese side has not proceeded with procedures and exports have been suspended'' Agriculture Minister Miyashita

2023-11-10 12:51:00
Minister of Agriculture, Forestry and Fisheries Miyashita announced that exports of Nishikigoi, which are popular in China as ornamentals, have been suspended from this month because the Chinese side has not proceeded with the necessary procedures.

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US Treasury Secretary Yellen meets with Chinese Vice Premier He to discuss economic relations, etc.

2023-11-10 09:09:00
A meeting between U.S. Treasury Secretary Janet Yellen and China's Vice Premier He Lifeng, who oversees finance and economic policy, began in San Francisco on the 9th, with Secretary Yellen calling for a discussion on economic relations between the two countries and global issues. .

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US Federal Reserve Chairman: “We will not hesitate if further monetary tightening is appropriate”

2023-11-10 08:15:00
In a speech on the 9th, Chairman Jerome Powell of the Federal Reserve, the US central bank, said, ``We will not hesitate if further monetary tightening is appropriate,'' ending the Fed's interest rate hikes that are widespread in the market. We have discouraged speculation that this may have been the case.

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NY stock price fell by more than 200 dollars from the previous day Yen exchange rate fell to 151 yen level

2023-11-10 07:33:00
In the New York financial market on the 9th, the Dow Jones Industrial Average fell by more than 200 dollars due to concerns about the rise in long-term interest rates in the United States and the prolonged monetary tightening, and the yen exchange rate fell to 151 yen to the dollar. The transaction is in the lower half of Taiwan.

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SBI Shinsei Bank “Plan for repayment of public funds remains unchanged”

2023-11-10 01:08:00
Katsuya Kawashima, president of SBI Shinsei Bank, said that regarding the impact of the acquisition of shares by a Tokyo investment company just before the stock was delisted in September this year, the president of SBI Shinsei Bank has announced plans to make concrete plans for the repayment of public funds by June of next year. He expressed his belief that there is no change in the plan to decide on a system for

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Kyoto   Mt.Fuji


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