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Economic news(2020/05/15)


Kyoto   Hakone

Renown applies for Civil Rehabilitation Law Apparel sales are sluggish Corona impact

2020-05-15 23:19:00
Renown, a major apparel company that develops men's clothing brands such as “Durban” and “Aquascutum”, was hit by the new coronavirus, which slowed down sales and stalled management. I applied to the district court. The total debt is about 13.8 billion yen, and in the future, the trustee selected by the court will work on rebuilding.

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Toyota's all domestic plants will stop operation for four days in June Corona impact

2020-05-15 22:17:00
Due to the spread of new coronavirus infection, global demand for new cars continues to be sluggish, so Toyota will suspend operations at all domestic automobile plants except for some production lines for four days next month. I decided.

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Softbank to provide 10,000 new corona antibody test kits to Osaka Prefecture

2020-05-15 21:49:00
Governor Yoshimura of Osaka Prefecture and Masayoshi Son of the SoftBank Group will meet online, and Osaka Prefecture will receive 10,000 pieces of antibody test kits from SoftBank Group to check whether they have been infected with the new coronavirus. It was decided.

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Three major financial groups cost more than 1 trillion yen to cover loan losses

2020-05-15 21:43:00
The three major financial groups that own a megabank believe that the outlook for the economy is uncertain due to the new coronavirus, and that costs to prepare for a loan loss due to the deterioration of business of a business partner will increase significantly this year. The combined cost of the three companies exceeds 1 trillion yen, showing the severity of the outlook.

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Japan Post This year's final profit is expected to decrease by 40% The impact of the new Corona

2020-05-15 21:39:00
Japan Post has indicated that it will reduce its net profit for the year by approximately 40%. In addition to refraining from operating insurance at Japan Post Insurance, this is due to the deterioration of the financial market environment due to the impact of the new coronavirus.

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Major department store to resume store operations in areas where declaration was lifted New Corona

2020-05-15 21:23:00
In response to the cancellation of the emergency declaration in 39 prefectures, Daimaru, Matsuzakaya and Isetan Mitsukoshi have decided to restart their business after 16 days, and the movement to resume business at major department stores spreads. I am.

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Renown applies for Civil Rehabilitation Law Apparel sales are sluggish Corona impact

2020-05-15 20:56:00
Renown, a major apparel company that develops men's clothing brands such as “Durban” and “Aquascutum”, was hit by the new coronavirus, which slowed down sales and stalled management. I applied to the district court. The total debt is about 13.8 billion yen, and in the future, the trustee selected by the court will work on rebuilding.

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Rakuten 5G service expected to be delayed about 3 months Impact of new corona

2020-05-15 20:00:00
Rakuten announced that it plans to launch a new high-speed, large-capacity communication standard, 5G service, which is scheduled for next month, by about three months. It is said that preparation was delayed due to the influence of the new coronavirus.

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Renown applies for Civil Rehabilitation Law Apparel sales are sluggish Corona impact

2020-05-15 19:55:00
Renown, a major apparel company that develops men's clothing brands such as “Durban” and “Aquascutum”, was hit by the new coronavirus, which slowed down sales and stalled management. I applied to the district court. The total debt is about 13.8 billion yen, and in the future, the trustee selected by the court will work on rebuilding.

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Declaration Canceled "Return to original working style" NTT President New Corona

2020-05-15 19:53:00
Regarding the cancellation of the emergency declaration in 39 prefectures, NTT president Sawada said that he will continue teleworking for all employees this month, and it will be the same as before after the spread of the new coronavirus spread He showed that he would not return to work.

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More than 150 companies bankrupted due to the new coronavirus

2020-05-15 19:00:00
By the 15th, a private credit research company found that the number of companies that had gone bankrupt due to the spread of the new coronavirus had exceeded 150 by the 15th.

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Approval of “pressing paper” to dealers Judgment ordering compensation for Saga newspaper Saga District Court

2020-05-15 18:54:00
The former owner of a newspaper shop in Saga prefecture was suing the Saga newspaper company for closing down due to the so-called "pressing paper," which requires the purchase of a large number of subscribers, and the court said "pressing paper". , And sentenced the newspaper company to a payment of more than 10 million yen.

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Major department store to resume store operations in areas where declaration was lifted New Corona

2020-05-15 18:38:00
In response to the cancellation of the emergency declaration in 39 prefectures, Isetan Mitsukoshi decided to restart operations at many stores nationwide after the 16th, and there are growing movements to restart operations at major department stores.

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Renesas Electronics closes Shiga factory withdraws from optical semiconductor

2020-05-15 18:07:00
Renesas Electronics Co., Ltd., a major semiconductor company, has announced that it will close its factory in Shiga, which manufactures semiconductors for communication equipment. Employees who work in the factory are supposed to maintain employment by relocation.

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All Nippon Airways drastically reduced flights Donated surplus in-flight service sweets New Corona

2020-05-15 18:06:00
Due to the impact of the new coronavirus, the number of flights has continued to decrease drastically, and ANA has begun an initiative to donate confectioneries and drinks, which were planned to be provided by in-flight service.

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Major department store first half of May sales drastically reduced by 80-90% or more New Corona

2020-05-15 18:05:00
The sales of two major department stores since the start of this month have fallen by 80% to 90% over the same period last year. The impact of the temporary closure of stores following the government's declaration of emergency is increasing.

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Yen price fluctuation

2020-05-15 17:58:00
On the 15th, the Tokyo foreign exchange market and the yen exchange rate were small.

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TEPCO's last year's financial results drastically reduced profits "Fuel debris" expenses recorded as a loss

2020-05-15 17:45:00
TEPCO's financial results for the last fiscal year showed a significant decrease in profits as we recorded a loss related to the removal of the so-called "fuel debris", the nuclear fuel that had melted down due to the accident at the Fukushima Daiichi Nuclear Power Station.

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Singapore Airlines marks first deficit with new Corona passengers

2020-05-15 16:37:00
The impact of the spread of the new coronavirus has spread to the aviation industry in Asia as well, and Singapore Airlines has posted a final deficit for the first time since the establishment of the company due to the drop in customers for the year ending March. ..

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Earnings declined for more than half in the fiscal year ended March, and half in January-March

2020-05-15 16:28:00
The financial results of companies listed on the First Section of the Tokyo Stock Exchange announced their highest peak on the 15th. Profit has decreased in more than half of the companies due to the sudden drop in sales due to the new coronavirus, and there is concern that the results after April will be more seriously affected.

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Stock price rise

2020-05-15 15:44:00
Tokyo stock market on the 15th, the stock price went up.

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Additional support measures for sole proprietors “Difficult during the week” METI New Corona

2020-05-15 13:13:00
Regarding the additional support measures for sole proprietorships such as freelance who are not covered by the “sustainable benefit,” METI initially stated that it was difficult to put together this week, and it is urgently needing adjustment.

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Stock prices slightly falling Global economic outlook concern New Corona

2020-05-15 13:12:00
The Tokyo stock market and Nikkei Stock Average on the 15th have fallen slightly. The price went up sharply in the morning, but since then, it has turned down due to concerns about the future of the global economy.

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Sales of beer for commercial use decreased in April, and chuhai for home use increased 4 major companies

2020-05-15 12:56:00
The sales results of the four major beer companies in April have been put together, and sales of beer, including those for commercial use, have dropped significantly due to the closure of restaurants, while sales of home-use chuhai and other products have grown significantly.

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Hokkaido special asparagus Kyushu We can not ship to Okinawa due to corona influence

2020-05-15 12:01:00
Due to the spread of new coronavirus infections, the number of flights decreased and flights were suspended, and the asparagus, a special product of Hokkaido's Shimizu town, is being unable to be shipped to Kyushu and Okinawa.

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Day of cancellation of emergency declaration Many areas have increased population New Corona

2020-05-15 12:00:00
The number of people on the 14th when the state of emergency was released in 39 prefectures increased from the previous day in many areas, including in the areas that are still "specified warning prefectures".

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Consumption trend in the latter half of April: 30% or more decrease from before the spread of new corona infection

2020-05-15 11:22:00
A private survey found that the index that shows consumption trends in the second half of last month, calculated based on credit card usage information, dropped by more than 30% compared to before the spread of infection. From the first half of last month, the rate of decline has widened further, experts say, "there is a big change that cannot occur in the normal business cycle, and it will take time for consumption to recover."

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The corporate price index has fallen sharply since the Lehman shock New Corona

2020-05-15 10:59:00
Looking at the fluctuation of prices of goods traded among companies, the corporate price index of last month fell by 1.5% from the previous month, marking the first major decline in 11 years since 2009 after the Lehman shock. The main reason for this was the decline in crude oil and metal prices, which had fallen in demand due to the new coronavirus.

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METI: Early lifting of restrictions on medical supplies exports G20 Trade Ministers' Meeting

2020-05-15 09:54:00
Following the global spread of the new coronavirus, many countries are restricting the export of medical supplies such as masks. On the night of the 14th, a video conference was held by G20 = ministers in charge of trade in the 20 major countries, and Minister Kajiyama said that it is important for each country to lift export restrictions as quickly as possible.

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Deterioration of employment environment seriously affects low income groups in the US FRB survey

2020-05-15 09:16:00
In the United States, where the employment environment has deteriorated recordally, it was found that about 40% of households whose annual income was below the JPY 4.2 million level were unemployed, and the economic deterioration caused by the new coronavirus is the lower income group. It can be said that it has a serious effect on

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WTO Secretary-General announces retirement after leaving one year in office

2020-05-15 09:10:00
WTO = Secretary General of the World Trade Organization, Azebedo, has announced that he will retire at the end of August, leaving one year until next year.

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Government up to 1.5 million subsidies for infection control such as small businesses New Corona

2020-05-15 06:50:00
With additional economic measures following the spread of the new coronavirus infection, the government will consider a concrete system with a policy of subsidizing up to 1.5 million yen to small businesses etc. that take infection prevention measures for business restart I will proceed.

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IEA Oil Demand Forecast Slightly Raise Economic Resumption in Each Country

2020-05-15 06:27:00
The International Energy Agency (IEA) has forecasted the demand for petroleum as of April, as the movement to resume economic activities, which had been restricted to suppress the spread of the new coronavirus, began to spread in various countries. I raised it a little more.

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NY stock market price movements are unstable even after rising for the first time in 4 days

2020-05-15 05:49:00
The New York Stock Market on the 14th showed strong buyback activity, and the Dow Average stock price rose for the first time in four days. However, due to concerns about the future of the economy, the price was unstable, with the price dropping by more than $ 450 immediately after the start of trading.

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Recruiting part-time jobs for Mitsubishi UFJ 5000 students Supporting living expenses for students

2020-05-15 05:05:00
Amid the challenge of supporting students who have become economically tough due to the reduced income of part-time jobs due to the new coronavirus, Mitsubishi UFJ Financial Group, a major financial group, has about 5,000 part-time jobs in cooperation with a questionnaire survey. To support students' living expenses.

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