Economic news
Economic news
2025-05-30 20:05:00
The three major non-life insurance companies, Aioi Nissay Dowa Insurance, Sompo Japan Insurance Inc., and Mitsui Sumitomo Insurance Co., Ltd., have announced disciplinary measures, such as reducing the compensation of their respective presidents, in response to the issue of an employee seconded to a shared agency leaking customer information to their own company. Together with Tokio Marine & Nichido Fire Insurance, which had already decided on disciplinary measures, more than 70 people at the four major companies have been disciplined.
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2025-05-30 20:01:00
Applications have begun for a new system aimed at small and medium-sized retailers to sell stockpiled rice through discretionary contracts. The rice being sold this time is 80,000 tons of "old, old rice" from the Reiwa 3 harvest, and the focus is on how many applications there will be.
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2025-05-30 19:29:00
In response to the issue of postal workers not being asked to perform roll calls to check whether they had been drinking as required by law, the company revealed in April that there had been a total of 20 cases of employees drinking while on the job or commuting across the country.
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2025-05-30 19:20:00
As applications are now being accepted from small and medium-sized retailers for the sale of stockpiled rice through discretionary contracts, Agriculture, Forestry and Fisheries Minister Koizumi met with Junichi Hanzawa, Chairman of the Japanese Bankers Association, on the evening of the 30th and requested consideration be given to the cash flow of businesses.
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2025-05-30 19:05:00
Applications have begun for a new system aimed at small and medium-sized retailers to sell stockpiled rice through discretionary contracts. The rice being sold this time is 80,000 tons of "old, old rice" from the Reiwa 3 harvest, and the focus is on how many applications there will be.
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2025-05-30 19:03:00
With the delivery of stockpiled rice through discretionary contracts, small and medium-sized retailers have begun accepting purchases, and three major convenience store chains have applied one after another. JR East has also revealed that it has applied.
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2025-05-30 18:37:00
It has been found that over 1,900 food items will see price increases in June. The company that conducted the survey stated that there is a high possibility that the number of food items that will see price increases this year will exceed 20,000 for the first time in two years. With the price of nori also continuing to rise, onigiri specialty stores, which are also affected by the soaring price of rice, are considering this a "life-or-death issue" and are seeking ways to respond. In the latter part of the article, we interviewed experts about the "impact on consumers" and "tips for saving money."
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2025-05-30 18:32:00
A third-party committee that has been investigating the case of Iwaki Shinkin Bank, headquartered in Iwaki City, Fukushima Prefecture, misappropriating funds, released a report on the 30th, pointing out that the fraud has been ongoing since 2004 and that the total amount of money determined to have been fraudulent loans amounts to at least 24.7 billion yen.
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2025-05-30 18:30:00
Sake breweries in Chiba Prefecture that produce sake are expecting a significant increase in the purchase price of rice, the raw material for sake, amid a rise in the price of staple rice, and are growing concerned that they may have to consider further price increases for their products in the future.
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2025-05-30 18:21:00
We spoke to Shigeru Motohashi, a holder of qualifications such as "Five Star Rice Meister" and owner of a rice milling shop in Kita Ward, Tokyo for over 20 years, about points to consider when cooking old rice.
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2025-05-30 18:19:00
The Ministry of Agriculture, Forestry and Fisheries announced the distribution status of stockpiled rice as of the 11th of this month. Of the 210,000 tons purchased at auction in March of this year, only about 20% has reached the consumer market.
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2025-05-30 18:17:00
On the 30th in the Tokyo foreign exchange market, the yen rose by more than 1 yen as investors sold dollars and bought yen due to the view that the future of the Trump administration's tariff measures was unclear.
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