Economic news(2024/03/06)
ITOCHU Corporation and others sign contract to take over Big Motor's business
2024-03-06 20:40:00
In order to rebuild Big Motor's management, major trading companies such as ITOCHU Corporation signed a contract with Big Motor on the 6th and decided to take over the business. The new company is expected to be established in the second half of next month, and the founding family, including former president Hiroyuki Kaneshige, will not be involved in the management of the new company.
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NTT Docomo “ORIX Credit” becomes a subsidiary
2024-03-06 20:36:00
NTT Docomo announced that it will make Orix Credit, a subsidiary of Orix, a major financial services company, a subsidiary. As the competition to capture the so-called ``economic zone'' among major mobile phone companies intensifies, we plan to strengthen our financial services business, including unsecured loans for individuals.
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ITOCHU Corporation and others sign contract to take over Big Motor's business
2024-03-06 19:27:00
In order to rebuild Big Motor's management, major trading companies such as ITOCHU Corporation signed a contract with Big Motor on the 6th and decided to take over the business. The new company is expected to be established in the second half of next month, and the founding family, including former president Hiroyuki Kaneshige, will not be involved in the management of the new company.
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200 first prize winners due to setting error in online lottery tickets Mizuho Bank
2024-03-06 18:50:00
In March, Mizuho Bank announced that in an Internet-only lottery it sold on commission, there was a setting error in which the number of winning tickets for the ``first prize of 2 million yen'' was supposed to be 10, but it was incorrectly set to 200. Did.
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Yen market price rise
2024-03-06 18:06:00
On the 6th, the yen exchange rate rose in the Tokyo foreign exchange market.
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ITOCHU Corporation to take over Big Motor's main business
2024-03-06 17:54:00
In order to rebuild Big Motor's management, major trading company Itochu Corporation announced that it has entered into a contract with Big Motor to take over its main business. According to the company, ITOCHU Corporation, its subsidiary energy trading company Itochu Enex, and investment fund J-Will Partners will jointly establish a new company in the second half of April that will begin selling used cars. We will take over Big Motor's main businesses such as sales and automobile maintenance. In a statement, ITOCHU Corporation said, ``We have determined that it is possible to rebuild the business and that there is significance in our efforts.''
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LINE Yahoo information leak issue: Three representative directors voluntarily return part of their compensation
2024-03-06 16:58:00
Due to the large-scale information leakage issue involving LINE users, operating company LINE Yahoo has announced that three of its representative directors, including Chairman Kentaro Kawabe and President Tsuyoshi Idezawa, will voluntarily return part of their compensation.
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Stock price fell slightly, maintaining the 40,000 yen level at closing price
2024-03-06 16:02:00
On the 6th, the Tokyo stock market and the Nikkei Stock Average fell slightly.
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“Do Amazon and Google have a superior position to video distribution companies?” JFTC
2024-03-06 15:55:00
As more and more people enjoy video distribution services on TVs connected to the Internet, the Fair Trade Commission has determined that IT giants Amazon and Google, which provide basic software, are likely to have a superior position over video distribution companies. We have compiled a report on the following.
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UNIZO rehabilitation plan approved by court to sell domestic business and repay creditors
2024-03-06 15:52:00
A rehabilitation plan for the real estate company UNIZO Holdings, which went bankrupt in April 2023 and applied to the court for application of the Civil Rehabilitation Act, was approved at a meeting of creditors held on the 6th, and the court approved the plan. Did. In response to this, UNIZO received a large amount of debt forgiveness, sold its domestic business, and proceeded with the process of repaying creditors.
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Bitcoin hits new all-time high, temporarily exceeding $69,000, rough price movement
2024-03-06 09:22:00
The price of the leading crypto asset, Bitcoin, rose on the 5th, and at one point exceeded $69,000 for the first time, hitting a new all-time high.
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Toyota invests approximately 330 billion yen in Brazil; investment continues with preferential treatment for environmentally friendly cars
2024-03-06 09:11:00
Toyota Motor Corporation has announced that it will invest an additional 330 billion yen by 2030 toward the production of new vehicles equipped with hybrid systems in South America and Brazil. The Brazilian government has a policy of giving preferential treatment to companies that produce environmentally friendly cars, and automobile companies have been announcing large-scale investment plans one after another.
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NY Dow drastically dropped by more than $500 at one point
2024-03-06 07:14:00
On the 5th, the New York stock market saw an increase in sell orders aimed at locking in profits, especially in high-tech stocks, and the Dow Jones Industrial Average at one point dropped significantly by more than $500.
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Mobile phone base station equipment: Open RAN system spreads without unification
2024-03-06 06:42:00
When building mobile phone base stations, Japanese telecommunications companies are focusing on introducing a method called ``Open RAN,'' which reduces costs by not integrating various devices into one manufacturer. Each company is competing not only with domestic competitors but also with overseas competitors to capture them in the global market.
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