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Economic news(2020/11/02)


Kyoto   Hakone

Kawasaki Heavy Industries Corona's overseas sales are sluggish. Motorcycle division is spun off.

2020-11-02 21:58:00
Kawasaki Heavy Industries, a major machinery manufacturer, has decided to undertake a major reorganization by separating the motorcycle division, whose overseas sales are sluggish due to the influence of the new coronavirus, from the head office and splitting it into a separate company. The company plans to strengthen cooperation with other companies by complying with environmental regulations.

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"Supporting manufacturing" Investment company to establish fund with Toyota etc.

2020-11-02 21:39:00
In order to support the manufacturing of small and medium-sized enterprises, an investment company in Tokyo has agreed to establish a new fund with Toyota Motor Corporation and a major bank to provide financial and technical support.

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5 major department stores Increased sales by 2 companies in October for the first time in 1 year and 1 month

2020-11-02 20:33:00
Last month's sales of five major department stores increased for the first time in a year and a month, as a reaction to the consumption tax hike in October last year.

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Toray's new corona will record a loss of 24 billion yen due to sluggish demand for aircraft

2020-11-02 20:30:00
Toray, a major textile manufacturer, reviewed the asset value of a subsidiary that supplies carbon fiber to American aircraft giant Boeing and others due to sluggish demand due to the spread of the new coronavirus infection, resulting in a loss of 24 billion yen. Announced that it is expected to be recorded.

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Ministry of Finance recommends "There is no environment to raise nursing care fees"

2020-11-02 20:17:00
The "Financial System Council" was held to discuss the national financial problems, and the Ministry of Finance used the increase in long-term care fees paid to businesses that provided long-term care services amid the severe economic impact of the new coronavirus. It was suggested that there is no environment to raise it because it will be a burden on the people.

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Sumitomo Mitsui Banking Corporation convenience store ATM fee will change from April next year up to 330 yen

2020-11-02 19:58:00
Sumitomo Mitsui Banking Corporation, a major bank, will change the fee for using ATMs at convenience stores from April next year. It will be free during the daytime on the 25th and 26th of every month when it is frequently used, while it will be raised to 220 yen during the day and 330 yen at night on other weekdays.

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Nippon Television HD Loss of over 16 billion yen Decrease in Tipness users at Corona

2020-11-02 19:17:00
Nippon Television Holdings Co., Ltd. announced that it will record a loss of more than 16 billion yen, including a reduction in accounting assets, as the number of users at its subsidiary sports club "TIPNESS" has decreased significantly due to the impact of the new coronavirus.

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Kawasaki Heavy Industries Corona's overseas sales are sluggish. Motorcycle division is spun off.

2020-11-02 19:14:00
Kawasaki Heavy Industries, a major machinery manufacturer, has decided to undertake a major reorganization by separating the motorcycle division, whose overseas sales are sluggish due to the influence of the new coronavirus, from the head office and splitting it into a separate company. The company plans to strengthen cooperation with other companies by complying with environmental regulations.

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Yen exchange rate drops somewhat

2020-11-02 18:32:00
On the 2nd of the week, the yen exchange rate in the Tokyo foreign exchange market fell somewhat.

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New car sales increased by 29% in October, surpassing the previous year's results for the first time in 1 year and 1 month

2020-11-02 16:37:00
Last month's new car sales were up 29% compared to the same month last year. Sales of new cars fell sharply for a while due to the impact of the new coronavirus, but recently there has been a tendency for them to pick up, surpassing the previous year's results for the first time in a year and a month.

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The prospect of one month to the apparel giant "Renown" bankruptcy start determination

2020-11-02 16:25:00
Bankrupt the apparel giant "Renown" is, it becomes clear that received the abolition decision of the civil rehabilitation proceedings from the court, became expected to receive the decision of the bankruptcy start to prospect for one month in the future. Major brands such as men's clothing "Durban" have already been transferred to an apparel company in Osaka, and long-established companies that have been leading the Japanese apparel industry are expected to be liquidated.

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Stock price rises sharply Nikkei average recovers to 23,000 yen level

2020-11-02 16:18:00
Stock prices on the Tokyo Stock Exchange on the 2nd rose significantly. Concerned about the re-expansion of the new coronavirus infection, the movement to buy back the stocks that had fallen in price spread last week, and the Nikkei Stock Average recovered to the 23,000 yen level.

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Yen exchange rate Small price movement

2020-11-02 12:45:00
On the 2nd of the week, the Tokyo foreign exchange market and the yen exchange rate have been modest.

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Stock price rose sharply Buy order for stocks that fell last week

2020-11-02 12:14:00
The stock price on the Tokyo Stock Exchange on the 2nd of the week has risen sharply. Concerned that the infection with the new coronavirus is spreading again in Europe and elsewhere, buy orders are increasing for stocks that have fallen in price last week.

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Consumption Trend Index First Half of October Travel Improvements Significantly Joined GoTo to / from Tokyo

2020-11-02 11:20:00
In a survey that indexes consumption trends based on credit card usage information, the travel index in the first half of last month improved significantly. It is believed that this is because travel to and from Tokyo has been added to the scope of "Go To Travel," a measure to stimulate tourism demand.

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Consumption Trend Index First Half of October Travel Improvements Significantly Joined GoTo to / from Tokyo

2020-11-02 10:27:00
In a survey that indexes consumption trends based on credit card usage information, the travel index increased significantly in the first half of last month due to the addition of trips to and from Tokyo as targets of the tourism demand stimulus measure "Go To Travel." It has improved to.

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Home delivery / delivery service Increasing demand in Corona Intensifying competition among companies

2020-11-02 06:30:00
As the trend of refraining from eating out continues due to the influence of the new coronavirus, the demand for home delivery services such as restaurants and services that undertake delivery services is increasing, and competition is intensifying one after another for new entrants and business expansion of these companies.

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July-September GDP preliminary figures Significant improvement is also uncertain about the future Research company forecast

2020-11-02 05:36:00
The preliminary figures for GDP = gross domestic product from July to September will be announced on the 16th of this month. Partly due to the historic decline in the previous three months, there are many predictions that the outlook is becoming more uncertain, although the annualized improvement will be around 20%.

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Kyoto   Mt.Fuji


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