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Economic news(2020/10/29)


Kyoto   Hakone

US GDP growth rate from July to September plus 33.1% Improvement for the first time in 3 quarters

2020-10-29 23:30:00
The growth rate of GDP = gross domestic product from July to last month in the United States is a real preliminary figure converted to an annual rate, which is 33.1% higher than the previous three months. The reaction from the three months before the record drop due to the spread of the new coronavirus caused a significant increase, but the outlook is uncertain due to the recent re-spread of the infection. I will not forgive you.

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Recruitment interviews for students joining the company in the spring of 2023 After June of the 4th year of university

2020-10-29 22:36:00
At a meeting to consider so-called "job hunting rules," the government said that it was necessary to create an environment where employees could engage in job hunting with peace of mind, taking into account the effects of the new coronavirus. As before, I decided to do it after June of my 4th year of college.

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Interim results of two major pharmaceutical companies Sales of pharmaceuticals are firm and strong

2020-10-29 22:32:00
In the interim results of Takeda Pharmaceutical Company Limited, a major pharmaceutical company, the final profit increased by 15% due to the lack of accounting treatment related to the huge acquisition of Irish pharmaceutical giant Shire.

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US GDP growth rate from July to September plus 33.1% Improvement for the first time in 3 quarters

2020-10-29 21:46:00
The preliminary figures for the growth rate of GDP = gross domestic product from July to last month in the United States have been announced, and the actual annualized rate has increased significantly by 33.1% compared to the previous three months, for the third term. It improved for the first time.

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Started development of new battery at the request of Panasonic Tesla

2020-10-29 21:31:00
Panasonic, a major electronics manufacturer, has announced that it has begun development of a new type of battery at the request of American electric vehicle manufacturer Tesla.

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Announcement of TOB to Nitori HD Shimachu to develop into a takeover battle with DCM

2020-10-29 20:26:00
Nitori Holdings Co., Ltd., a major furniture and daily necessities company, announced that it will make a takeover bid for TOB = shares to Shimachu, which operates home improvement stores mainly in the Tokyo metropolitan area. For Shimachu, DCM Holdings, a major home improvement company, has already conducted a takeover bid, which will lead to a takeover battle over Shimachu.

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Panasonic April-September financial results decrease sales and profits impact of new corona

2020-10-29 19:09:00
Panasonic, a major electronics manufacturer, posted lower sales and profits for the six months to last month due to a drop in sales of video equipment for aircraft due to the impact of the new coronavirus.

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Nojima, a major consumer electronics retailer, significantly increased profits by 49% due to expansion of telework

2020-10-29 19:07:00
The six-month interim results of Nojima Co., Ltd., a major consumer electronics retailer, showed that sales of personal computers and other products increased significantly due to the spread of telework triggered by the spread of the new coronavirus infection, and operating income, which indicates the profit of the main business, was last year. This was a significant increase in profits, up 49% compared to the same period.

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Announcement of TOB to Nitori HD Shimachu to develop into a takeover battle with DCM

2020-10-29 19:01:00
Nitori Holdings Co., Ltd., a major furniture and daily necessities company, announced that it will make a takeover bid for TOB = shares to Shimachu, which operates home improvement stores mainly in the Tokyo metropolitan area. For Shimachu, DCM Holdings, a major home improvement company, has already conducted a takeover bid, which will lead to a takeover battle over Shimachu.

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Yen exchange rate Small price movement

2020-10-29 18:19:00
On the 29th, the Tokyo foreign exchange market and the yen exchange rate moved slightly.

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Kyocera's interim settlement 42% decrease in profits Corona reduces demand for automobile parts, etc.

2020-10-29 18:12:00
Kyocera announced its interim results up to last month, and the impact of the new coronavirus reduced demand for auto parts and office equipment, resulting in a 42% decline in final profit. It is the first time in eight years that the final profit for the interim period has decreased by more than 40%.

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Kansai Electric Power Interim Results Decrease in Sales and Profit for the First Time in 4 Years Decrease in Electricity Sales Volume in Corona

2020-10-29 18:11:00
Kansai Electric Power's interim results showed a decline in sales and profits for the first time in four years due to the fact that the sales volume of electricity was the lowest since Heisei due to the influence of the new coronavirus.

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Supporting NTT DoCoMo single-parent households Up to 1700 yen discount per month

2020-10-29 18:04:00
NTT DoCoMo has decided to introduce a new discount to support single-parent households. From December this year, we are planning to discount up to 1700 yen per month.

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Japan's first jet airliner development cost reduced to 1/10 Mitsubishi Heavy Industries

2020-10-29 18:03:00
Regarding the first domestically produced passenger jet "Mitsubishi SpaceJet", Mitsubishi Heavy Industries has been unable to predict the recovery of demand due to the influence of the new coronavirus, so the development cost is about 10 billion yen per year as "stopping once", which is about 10 billion yen per year. We have decided to reduce the size to 1/10.

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Toyota Honda September production hits record high Demand recovers in China and the US

2020-10-29 17:06:00
Toyota Motor Co., Ltd. and Honda Motor Co., Ltd. announced last month that the number of vehicles produced in Japan and overseas reached a record high for September. Demand is recovering in China and the United States, and there is a growing movement to recover from the sharp decline caused by the effects of the new coronavirus.

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Stock price temporarily dropped by nearly 250 yen, then repurchase movement

2020-10-29 16:42:00
On the 29th, the stock price on the Tokyo Stock Exchange fell slightly. The Nikkei Stock Average temporarily fell by nearly 250 yen due to investors' caution about the future of the world economy, but after that, there were movements to buy back mainly stocks of companies with good performance.

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Tokyu Department Store Bangkok to close stores Japanese department stores withdrawal one after another

2020-10-29 16:34:00
Tokyu Department Store announced that it will close its store in Bangkok, Thailand at the end of January next year. Due to the impact of the new coronavirus, the number of foreign tourists visiting stores has dropped sharply, and as a result, Japanese department stores are withdrawing one after another in Bangkok.

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Universal Studios Japan as a "Go To Event" operator

2020-10-29 16:31:00
Registration of "Go To Event" operators, which stimulate demand for events that have been distant due to the influence of the new coronavirus, has begun, and Osaka's theme park "Universal Studios Japan" has been selected as the first operator. I did.

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BOJ Maintains current large-scale monetary easing policy Addition if necessary

2020-10-29 16:22:00
At the monetary policy meeting held until the 29th, the Bank of Japan decided to maintain the current large-scale monetary easing measures. In addition, it plans to continue financing support measures for companies affected by the new coronavirus.

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Go To Travel Companion travel is not covered by infectious disease control

2020-10-29 16:15:00
In "Go To Travel," a measure to stimulate tourism demand, the Japan Tourism Agency announced that travel products that involve entertainment by companions will be excluded from discounts, etc., as "to thoroughly prevent infectious diseases."

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Announcement of TOB to Nitori HD Shimachu to develop into a takeover battle with DCM

2020-10-29 15:54:00
Nitori Holdings Co., Ltd., a major furniture and daily necessities company, announced that it will make a takeover bid for TOB = shares for Shimachu, which operates home improvement stores mainly in the Tokyo metropolitan area.

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Annual corporate interest rate reduced for the first time in 19 years due to the spread of infection Dai-ichi Life

2020-10-29 14:42:00
Dai-ichi Life, a major life insurance company, has officially announced that it will reduce the interest rate on managing pension funds entrusted to it by companies for the first time in 19 years. With the spread of the new coronavirus infection, each country is lowering interest rates and the operating environment is becoming harsher, and some companies may need to take measures to reduce the amount of employee pensions received.

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Explanation of Efforts to Review Operation of Convenience Stores National Experts Study Group

2020-10-29 14:26:00
A national expert study group was held to discuss issues facing convenience stores such as labor shortages, and convenience store companies explained their efforts to review operations such as promoting shorter-time sales.

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October "Consumer Attitude Index" improved for 2 consecutive months in households with 2 or more people

2020-10-29 14:11:00
This month's "Consumer Attitude Index," which looks at how motivated consumers are to shop, was 33.6 for households with two or more people, 0.9 points higher than the previous month, rising for the second straight month, but the new model. Due to the effects of the coronavirus, the level remains low.

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New Year's postcards start selling

2020-10-29 12:58:00
Next year, sales of New Year's postcards for the 3rd year of Reiwa began nationwide from the 29th.

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BOJ Maintains current large-scale monetary easing policy Addition if necessary

2020-10-29 12:51:00
At the monetary policy meeting held until the 29th, the Bank of Japan decided to maintain the current large-scale monetary easing measures. In addition, it plans to continue financing support measures for companies affected by the new coronavirus.

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Falling stock prices Sell orders due to falling stock prices in the NY market

2020-10-29 12:28:00
The stock price on the Tokyo Stock Exchange on the 29th is falling. A wide range of stocks have been ordered to sell as the new coronavirus infection spreads again in Europe and the stock price in the New York market fell sharply on the 28th.

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Yen exchange rate Small price movement

2020-10-29 11:57:00
On the 29th, the Tokyo foreign exchange market and the yen exchange rate have been modest.

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Kioxia semiconductor production increased independent of Toshiba to build manufacturing building in Mie Prefecture

2020-10-29 11:17:00
Kioxia, a semiconductor manufacturer independent of Toshiba, has decided to build a new manufacturing building at its factory in Yokkaichi City, Mie Prefecture from next spring in order to increase production of semiconductors for storage, for which demand is expected to grow.

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Report to the Financial Services Agency due to improper processing of Sumitomo Mitsui Trust and Mizuho Trust

2020-10-29 06:39:00
"Sumitomo Mitsui Trust Bank" and "Mizuho Trust & Banking", which are in charge of the general meeting of shareholders, were improperly processing the voting documents sent by shareholders, and the two trust banks have detailed backgrounds and causes. I submitted a report that included the above to the Financial Services Agency. Improper processing has been going on for over a decade.

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Announcement that compensation for damage caused by unauthorized withdrawal of "docomo account" has been completed NTT docomo

2020-10-29 05:27:00
NTT DoCoMo announced that it has completed compensation for damage caused by illegal withdrawal of deposits and savings through the electronic payment service "DoCoMo Account".

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New York Stock Market Dow Jones Industrial Average Drops $ 940

2020-10-29 05:25:00
The Dow Jones Industrial Average fell sharply by $ 940 on the 28th as the new coronavirus infection spread again in Europe. In the United States, the spread of infection continues, and there is growing concern that the market will have a serious impact on the economic recovery.

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To reduce the expected interest rate of "defined benefit type" pension for the first time in 19 years Dai-ichi Life

2020-10-29 05:20:00
Dai-ichi Life, a major life insurance company, said that it would be difficult to manage the pension funds entrusted to it by companies because the spread of the new coronavirus infection caused interest rates to be lowered in various countries around the world. We have decided to reduce it for the first time in 19 years. Depending on the company, it may be necessary to take measures such as reducing the amount of pension received by employees.

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Kyoto   Mt.Fuji


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