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Economic news(2020/10/28)


Kyoto   Hakone

Shizuoka Bank and Yamanashi Chuo Bank Business Alliance Mutual investment policy

2020-10-28 20:16:00
Shizuoka Bank, which has its head office in Shizuoka City, and Yamanashi Chuo Bank, Yamanashi Prefecture, announced that they have agreed to tie up in a wide range of fields, such as utilizing each other's stores. I made it clear. As the business environment of regional banks becomes more difficult due to low interest rates and a declining population, the aim is to improve management efficiency and strengthen competitiveness.

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TEPCO Interim Financial Results Both sales and ordinary income decreased due to a decrease in electricity demand

2020-10-28 19:49:00
In the interim results of TEPCO, both sales and ordinary income decreased by more than 10% compared to the same period last year due to the impact of the decline in electricity demand at stores and factories due to the spread of the new coronavirus infection.

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Hitachi's half-year financial results show lower sales and profits, but annual profit forecast revised upward

2020-10-28 19:32:00
Hitachi announced on the 28th that the six-month financial results up to last month showed a decline in sales and profits due to the impact of the new coronavirus, but the business in China, where the economic recovery trend is clear, is strong, so this year's year Revised the outlook for profits in its core business upwards.

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SBI Holdings Semi-annual settlement of accounts Increased sales and profits Increased trading due to the impact of Corona

2020-10-28 19:22:00
The financial results of the entire group for the six months up to last month of SBI Holdings, a major online finance company, increased both sales and final profit, resulting in "increased sales and profits." Due to the influence of the new coronavirus, the number of accounts and trading in the online securities business increased, boosting profits.

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Sony revised upward to 800 billion yen in final profit forecast for this year

2020-10-28 18:48:00
Sony's six-month financial results up to last month saw higher sales and profits due to a significant increase in sales of game software and music distribution due to so-called nesting demand. The company has revised its final profit forecast for the current fiscal year to 800 billion yen, about 1.5 times higher than the previous forecast.

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Yen exchange rate rise

2020-10-28 18:29:00
On the 28th, the Tokyo foreign exchange market and the yen exchange rate rose.

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JR Tokai New Corona Impact First Deficit Expected Due to Decrease in Shinkansen Users

2020-10-28 18:23:00
JR Tokai's financial results for the six months to last month posted a net loss of 113.5 billion yen due to a decrease in Shinkansen users due to the impact of the new coronavirus. In addition, the company announced its earnings forecast for the year ending March next year, and indicated that it would be the first final deficit.

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TSE system failure Management responsibility to be clarified in November Kiyota CEO

2020-10-28 18:16:00
Akira Kiyota, CEO of Japan Exchange Group, the parent company, said at a press conference about the system trouble that occurred on the Tokyo Stock Exchange on October 1, "I am keenly aware of the weight of responsibility" and during November He also expressed his desire to clarify the responsibility, including the disposition of the management team.

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Gurunavi's 5.4 billion yen deficit is more than doubled online reservations with "Go To Eat"

2020-10-28 17:57:00
The interim results of the restaurant reservation site "GourNavi" up to last month showed a final profit of 5.4 billion yen due to the significant decrease in the site listing fee income from restaurants due to the influence of the new coronavirus. It turned into a final deficit. On the other hand, since the start of "Go To Eat" on the 1st of this month, the number of online reservations has more than doubled from the same period last year.

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Japan Post Insurance Disposes of 490 people due to improper sales Japan Post Group

2020-10-28 17:40:00
Due to the improper sales of Japan Post Insurance, the Japan Post Group has decided to additionally dispose of 490 employees, including the employees of Japan Post who sold the insurance. The number of people who have been internally punished for this issue has now exceeded 1,700, and the number of people subject to punishment is expected to increase in the future.

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Recalled approximately 210,000 39 models including Toyota Noah

2020-10-28 17:12:00
Toyota Motor has notified the Ministry of Land, Infrastructure, Transport and Tourism of about 210,000 recalls, saying that in the worst case of 39 models such as "Noah" due to a malfunction of fuel pump parts, the engine may stop while driving.

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Lucky bag To avoid "dense" first sale, move ahead of sale Tokyo department store

2020-10-28 17:04:00
A lucky bag for the New Year was announced at a department store in Tokyo, and while the demand for nesting is increasing due to the influence of the new coronavirus, we are expanding the products that can be enjoyed at home and selling it by the end of the year to avoid congestion at the first sale. It is designed to prevent infection, such as moving it forward.

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Sony's annual final profit forecast revised upward to 800 billion yen

2020-10-28 16:36:00
Sony announced in August that it will make a final profit on its one-year earnings forecast up to March next year, as sales of game software increased significantly due to so-called nesting demand due to the influence of the new coronavirus. We have revised upward to the forecast that it will reach 800 billion yen, which is 56% higher than 510 billion yen.

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JR East interim results final loss of 264.3 billion yen, first final deficit

2020-10-28 16:34:00
JR East's interim results for the six months from April to last month showed a significant decrease in railroad use due to the impact of the new coronavirus, resulting in a net loss of 264.3 billion yen. This is the first time that the final deficit in the interim settlement has been reached.

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Mobile phone market Fair competition environment? Fair Trade Commission begins fact-finding survey

2020-10-28 16:01:00
As companies are launching new rate plans one after another over mobile phone charges, the Fair Trade Commission has asked mobile phones whether the data connection charges that cheap smartphone companies have to pay to major mobile phone companies are unreasonably high. We have embarked on a fact-finding survey on whether the market is in a fair competitive environment.

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Japan Post Insurance Disposes of 490 people due to improper sales Japan Post Group

2020-10-28 15:54:00
On the 28th, the Japan Post Group decided to additionally dispose of 490 people, including employees of Japan Post and the postmaster who was the boss at that time, due to the problem of improper sales of Japan Post Insurance. This issue has resulted in more than 1,700 internal dispositions, and the number of people subject to disposition is expected to continue to increase.

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Recalled approximately 210,000 39 models including Toyota Noah

2020-10-28 15:52:00
Toyota Motor has notified the Ministry of Land, Infrastructure, Transport and Tourism of about 210,000 recalls, saying that in the worst case of 39 models such as "Noah" due to a malfunction of fuel pump parts, the engine may stop while driving.

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Stock price drops slightly

2020-10-28 15:33:00
On the 28th, the stock price on the Tokyo Stock Exchange fell slightly.

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Otsuka Kagu President Kumiko Otsuka offers to retire

2020-10-28 13:59:00
Otsuka Kagu, a major furniture sales company, has announced the resignation of President Kumiko Otsuka, who once had a conflict with his father, who was the founder, over management policies. He said he had offered to resign in order to clarify his responsibilities for past achievements.

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Ministry of Finance Economic Judgment Nationwide revision but employment situation remains unchanged

2020-10-28 13:02:00
The Ministry of Finance held a meeting of directors of the finance bureau on the 28th, and revised upward the economic judgments of all 11 regions nationwide, saying that corporate production activities and personal consumption are picking up. However, regarding the employment situation, we have left the judgment unchanged in all regions, saying that there is a possibility that more companies will promote personnel reduction.

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Japan-US Business People Conference Final Day Adopted Joint Statement and Closed

2020-10-28 12:58:00
Supply chain diversification and free and fair rule-based trade to mitigate the risks revealed by the spread of the new coronavirus after the Japan-US Business Council, where Japanese and American business owners exchange opinions, has closed. We have adopted a joint statement that prioritizes the strengthening of the system.

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Yen exchange rate rises somewhat

2020-10-28 12:51:00
On the 28th, the Tokyo foreign exchange market and the yen exchange rate have risen somewhat.

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Stock price drops slightly

2020-10-28 12:13:00
Stock prices on the Tokyo Stock Exchange on the 28th have fallen slightly.

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The impact to the gasoline car zero to automobile companies of strategy in China 2035 prospect

2020-10-28 11:50:00
In China, the world's largest auto market, the process table that all of the new cars to electric vehicles and hybrid vehicles to the prospect of 2035 has put together a professional organization. Further progress in responding to the environment is likely to affect the strategies of automobile companies.

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New plan with mobile phone charges less than 5,000 yen per month KDDI / SoftBank

2020-10-28 11:42:00
Mobile phone giants KDDI and Softbank have reviewed their rate plans and announced new plans that cost less than 5,000 yen per month for 20 gigabytes. The government has pointed out that Japan's charges are higher than overseas, and the plans of both companies are in response to the government's request.

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National Tax Agency "Route price" not reduced The amount of tax paid is the situation before the spread of infection

2020-10-28 11:07:00
While land prices are falling due to the effects of the new coronavirus, the NTA has been considering correcting the "road price," which is the basis for calculating inheritance tax, but has decided not to reduce it. The amount of tax paid by those who inherited land in the first half of this year will be determined based on the situation before the spread of infection even if the land price is falling.

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New rate plan with another brand of mobile phone giant KDDI and Softbank

2020-10-28 09:46:00
KDDI, a major mobile phone company, has reviewed its large-capacity billing plan and announced a new plan for "UQ Mobile," which is developed separately from au, with a monthly charge of 3980 yen for 20 gigabytes.

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Announcement of estimated airline revenue next year About half of last year before the spread of infection

2020-10-28 09:32:00
Following the spread of the new coronavirus infection, the IATA International Air Transport Association has released estimates that next year's global airline revenues will be about half that of last year before the spread.

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NY market Dow Jones Industrial Average drops for 3 consecutive days Concerns about the future of the economy increase

2020-10-28 08:06:00
The Dow Jones Industrial Average fell for the third consecutive day, although the New York stock market on the 27th had a move to buy back in response to the sharp drop on the previous day. With the re-expansion of the new coronavirus infection, concerns about the future of the economy are increasing.

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U.S. presidential election Financial markets are also highly interested GDP growth rate is also paying attention

2020-10-28 07:14:00
The financial markets are also of great interest because the US presidential election has a major impact on the future of the world economy.

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Next-generation Shinkansen driving test released Aiming for commercial operation at a maximum speed of 360 km / h

2020-10-28 05:23:00
A running test of the next-generation Shinkansen test vehicle "ALFA-X" being developed by JR East for the extension of the Hokkaido Shinkansen to Sapporo was conducted on the Tohoku Shinkansen track for the first time on the night of the 27th, and it was the best. It was released that the speed was temporarily increased to 380 km / h.

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To secure stable ammonia that does not emit CO2 as fuel for thermal power plants

2020-10-28 05:11:00
Ammonia, which has the property of burning but does not generate carbon dioxide, will be used as a part of fuel for thermal power plants, and the national government and the private sector will cooperate to secure it in a stable manner.

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ANA Holdings, which is expected to have the largest deficit ever

2020-10-28 04:41:00
ANA Holdings Inc., a major airline company, announced on the 27th that it is expected to fall into the final deficit of 510 billion yen, which is the largest ever for this year. The challenge is to establish a business model that can generate profits even if aviation demand does not recover to the level before the spread of the new corona infection while surviving the current crisis with management rationalization measures.

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Kyoto   Mt.Fuji


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