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Economic news(2020/05/20)


Kyoto   Hakone

TEPCO Incorrectly billing electricity charges Over 800 subscribers totaling 4.4 million yen

2020-05-20 19:47:00
TEPCO revealed that it had mistakenly billed more than 800 subscribers for electricity, a total of approximately 4.4 million yen.

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Three major Sompo Group companies suffered lower profits in the fiscal year ending March

2020-05-20 18:50:00
As for the three major non-life insurance companies, the final profit for all three companies fell in the fiscal year ended March. The spread of the new coronavirus confused the financial markets, and the loss of the stock price held for investment caused a loss.

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New Corona “Crisis Response Loan” application ¥ 2.5 trillion Policy Investment Bank

2020-05-20 18:20:00
Regarding the "crisis response lending" established by the government to support the financing of companies affected by the spread of the new coronavirus, the Development Bank of Japan received consultations on financing of 2.5 trillion yen mainly from large companies. I made it clear.

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Yen price fluctuation

2020-05-20 18:19:00
On the 20th, the foreign exchange market in Tokyo and the yen exchange rate were small.

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Three major non-life insurance companies Insurance claims payment totaling over ¥ 1 trillion A series of typhoons, etc.

2020-05-20 17:40:00
As a result of a series of natural disasters such as Typhoon No. 19 that caused a great deal of damage last year, the total amount of non-life insurance claims paid by three major Sompo Group companies last year amounted to more than 1.2 trillion yen. It is the second consecutive year that total payments have exceeded 1 trillion yen.

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Tourists without foreigners ...

2020-05-20 16:30:00
In Dazaifu Tenmangu, Fukuoka Prefecture, which is popular with foreign tourists, some shops that sell famous Umegae Mochi on the approach have resumed operations. However, there are no foreigners in sight, and there is no prospect of recovery in the number of people.

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Number of foreign tourists visiting Japan 2900 in April, down 99.9% year-on-year

2020-05-20 16:15:00
The number of foreign tourists who visited Japan last month was estimated at 2900 due to the spread of the new coronavirus, and the number of tourists in one month was the lowest ever since 1964 when we started collecting statistics. became. The rate of decline compared to the same month last year was also a significant drop of 99.9%, and the impact on the domestic economy is becoming more serious.

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Stock prices rise Buy orders with the view that economic activity will gradually resume

2020-05-20 15:36:00
The Tokyo stock market on the 20th saw an increase in stock prices due to buy orders from the perspective that economic activity will gradually resume in Japan.

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Gasoline price rise in 16 weeks

2020-05-20 15:20:00
The national average retail price of regular gasoline this week was 125.5 yen per liter, an increase of 0.7 yen from the previous week, the first increase in 16 weeks. This is because the restrictions on economic activity due to the new coronavirus have been gradually eased in each country, and crude oil prices have begun to rise.

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Corporate production base relocation “political factors” and China restrained New Corona

2020-05-20 15:10:00
While the Chinese government is considering foreign companies relocating their production bases from China as a result of the spread of the new coronavirus, the move and political factors should not be entangled, and Japan and other companies that support such companies should be encouraged. I restrained myself.

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Iris Oyama Mask For domestic production Ordering equipment from China

2020-05-20 15:00:00
Iris Oyama, a major manufacturer of daily necessities, has ordered equipment from China for domestic production of masks, and will start production at a factory in Kakuda City, Miyagi Prefecture from the beginning of next month.

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Newest condominiums sold in the Tokyo metropolitan area, the smallest number in history

2020-05-20 14:46:00
The number of new condominiums released in the Tokyo metropolitan area last month was just half of the same month last year, 686, which was the lowest since the survey started in 1973. This is because the real estate company squeezed the sale while an emergency declaration was issued due to the spread of the new coronavirus infection.

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Requesting a grant of 1 trillion yen specialized in business continuity support

2020-05-20 14:25:00
Regarding the additional economic measures that were affected by the spread of the new coronavirus, the Komeito requested the government to establish a new 1 trillion yen subsidy specifically for the purpose of supporting business continuity.

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Convenience store Last month's sales fell year on year

2020-05-20 14:09:00
Sales of the main convenience stores nationwide last month decreased by 10.6% compared to the same month last year because the self-restraint of going out spread due to the emergence of an emergency accompanying the spread of new coronavirus infection, which can be compared since 2005 , The biggest depression.

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Route bus company goes bankrupt Saitama is stuck in cash with the new Corona

2020-05-20 13:38:00
Maruken Motor Co., which operates a local bus in Saitama Prefecture, got stuck in funding due to a decrease in the number of passengers due to the effect of the new coronavirus, and applied to the court to apply the Civil Rehabilitation Law. It is the first time for a bus company to fail due to the influence of the new virus, and the company intends to rebuild its management by looking for support while continuing operation.

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Stock price rises Buy orders overlook as economic activity gradually resumes

2020-05-20 12:04:00
On the 20th, the Tokyo stock market saw an increase in stock prices due to buy orders from the perspective that economic activity will gradually resume in Japan.

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Yen price drop somewhat

2020-05-20 12:02:00
The Tokyo foreign exchange market on the 20th, the yen exchange rate has fallen somewhat.

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Eight prefectures with “declaration continued” on the 19th 50 to 60% less than before infection spread

2020-05-20 11:24:00
On Tuesday, the 19th, the number of people nationwide was reduced by around 50% to 60% compared to before the spread of infection in the eight prefectures where the state of emergency was being declared.

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Machine manufacturer's orders decreased for the first time in 3 months

2020-05-20 10:51:00
This shows the outlook for corporate capital investment, and the order received from major machinery manufacturers in March fell 0.4% from the previous month, decreasing for the first time in three months. Orders for the three months from April are also expected to decline by 0.9%, and there is concern that the impact of the spread of new coronavirus infections will decline further if the effects are prolonged.

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US record unemployment rate expected to worsen over summer New corona impact

2020-05-20 08:51:00
Regarding the large number of unemployed people in the United States due to the effect of the new coronavirus, the US Congressional Budget Office has said that the worst unemployment rate of 14% since World War II recorded last month will further increase this summer. Published a forecast that it will get worse.

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US Treasury Secretary “Economic recovery over time after July” Impact of new corona

2020-05-20 07:04:00
US Treasury Secretary Munushin indicated that the US economy, which has been greatly deteriorated by the new coronavirus, will recover over the next seven months.

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Singapore to ease restrictions on economic activity New Corona

2020-05-20 06:29:00
The Singapore government has announced that it will relax restrictions on economic activity that lasted for more than a month following the spread of the new coronavirus and will allow more than 75% of all activities to resume from next month.

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European new car sales drop sharply Japanese automakers are hit as well

2020-05-20 05:57:00
In Europe, the number of new cars sold last month fell by nearly 80% from last year, and Japanese automobile manufacturers have been hit hard by the impact of going out and economic activities being restricted by the spread of the new coronavirus.

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Insurance companies selling insurance products to prepare for telework risks

2020-05-20 05:51:00
As the introduction of telework spreads at companies triggered by the spread of the new coronavirus, non-life insurance companies have started selling insurance products one after another in preparation for the risk of information leakage.

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NY stock market Dow average stock price drops for the first time in 4 days

2020-05-20 05:43:00
The New York stock market on the 19th saw the Dow average stock price drop for the first time in four days, as selling orders to secure immediate profits stood out from the reactionary reaction to the sharp rise on the previous day.

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Kyoto   Mt.Fuji


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