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Economic news(2020/11/10)


Kyoto   Hakone

IHI 6 months final loss of 9.5 billion yen Aircraft engine orders are sluggish

2020-11-10 19:54:00
The interim results for the six months to September of the major machinery manufacturer "IHI" resulted in a net loss of 9.5 billion yen due to a significant drop in orders for aircraft engines.

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Bicycles and eyeglasses are popular New lifestyle with the spread of new corona infection

2020-11-10 19:22:00
With the spread of the new coronavirus infection, new lifestyles such as avoiding denseness are required, creating new needs in the field of consumption.

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Winter bonus Half of companies reduced from last year New Corona impact?

2020-11-10 19:05:00
As the spread of the new coronavirus spreads the impact on employment, a group formed by the labor union summarized the response status from companies etc. about this winter's bonus, and found that it was reduced from last year by about half. I did.

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Aoyama of clothes to voluntary retirement recruitment of 400 people Demand for suits drops at home

2020-11-10 19:01:00
Aoyama Trading Co., Ltd., a major men's clothing company that develops "Clothing Aoyama," announced that it is seeking about 400 voluntary retirements to reduce the number of employees, saying that its business performance is declining due to the effects of the new coronavirus.

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Yen exchange rate drops by 1 yen or more Dollar is bought in anticipation of vaccine development

2020-11-10 18:26:00
In the Tokyo foreign exchange market on the 10th, the dollar was bought due to expectations for the development of a vaccine for the new coronavirus in the United States, and the yen exchange rate fell by more than 1 yen.

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Resona HD Kansai Mirai Financial Group to become a wholly owned subsidiary

2020-11-10 18:23:00
Resona Holdings, a major financial company, has decided to make the Kansai Mirai Financial Group, a regional banking group headquartered in Osaka, a wholly owned subsidiary. With the effects of the new coronavirus and other factors, the business environment continues to be harsh, and we want to speed up decision-making.

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Shiseido's annual results revised downward 30 billion yen deficit forecast Corona impact

2020-11-10 18:17:00
Shiseido, the largest cosmetics company, has been refraining from going out due to the spread of the new coronavirus infection and the number of foreign tourists has decreased significantly. It became the final deficit of the remainder. The one-year earnings forecast has also been revised downward, and the final deficit of 30 billion yen is expected.

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To oppose the proposal requested by Hong Kong investment fund at Tokyo Dome shareholders' meeting

2020-11-10 17:54:00
Tokyo Dome, whose business performance has been sluggish due to the effects of the new coronavirus, is a temporary shareholder requested by an investment fund based in Hong Kong to dismiss three directors including the president. We have decided to hold the general meeting on the 17th of next month. We are against the dismissal of directors required by investment funds.

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Colowide Expected final loss of 5.4 billion yen by March next year

2020-11-10 17:48:00
Colowide, which develops yakiniku chain "Gyu-Kaku", announced that it will have a final loss of 5.4 billion yen for the first year until March next year, which is the final deficit for the second consecutive term. Ootoya Holdings Co., Ltd., a set meal chain that has been acquired through the takeover bid for TOB = shares, is also expected to be in the final deficit for the second consecutive term, and the issue is how to recover the business results of both parties in the future.

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JR East To avoid peaks in the morning to give points Disperse congestion

2020-11-10 17:22:00
JR East announced that it will start a service to give points that can be used for shopping etc. to those who used the commuter pass avoiding the peak hours of the morning in order to disperse the congestion of trains due to commuting to work or school from next spring did.

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Third supplementary budget plan Can it lead to a recovery of the real economy in the midst of financial deterioration?

2020-11-10 17:13:00
Prime Minister Suga has made the third amendment of this year, which includes additional economic measures, in order to ensure the economic recovery while striving to achieve both thorough socio-economic activities and thorough measures to prevent the infection of the new coronavirus. Instructed to formulate a budget plan. The government's move to formulate a third supplementary budget is to support the economy with seamless support measures, but as the financial situation is worsening, how effective the budget is. The question is whether it can be allocated and lead to the recovery of the real economy.

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7 lines including Tokyu Toyoko Line and Denen-toshi Line To advance the last train next spring

2020-11-10 17:06:00
While the movement to decide to advance the last train is spreading among railway companies whose management is deteriorating due to the influence of the new corona virus, the major private railway company "Tokyu" will also be on seven lines such as the Toyoko Line and Denen-toshi Line next spring. We have announced a policy to advance the time of the last train by about 15 to 30 minutes.

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To introduce a special system for BOJ regional banks and shinkin banks

2020-11-10 16:12:00
The Bank of Japan has decided to introduce a special system to support regional banks and credit unions, which continue to face a difficult business environment due to the effects of the new coronavirus.

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Index showing current economic conditions 54.5 points 50 exceeded for the first time in 2 years and 9 months

2020-11-10 16:07:00
According to a survey by the Cabinet Office, which asks workers how they feel about the economy, last month the index showing the current state of the economy rose 5.2 points from the previous month to 54.5. It is the first time in two years and nine months since January that the index has exceeded 50, surpassing the view that the economy is good and the view that it is bad.

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Nikkei Stock Average temporarily rises to the 25,000 yen level for the first time in 29 years

2020-11-10 16:00:00
On the 10th, the Nikkei Stock Average temporarily rose to the 25,000 yen level for the first time in 29 years due to expectations for the development of a new coronavirus vaccine. After that, the number of sell orders to secure profits for the time being increased, and the transaction ended with a slight price increase.

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Last month's corporate bankruptcy 647 cases Concerned about an increase in the decrease for the third consecutive month

2020-11-10 15:06:00
Last month, the number of companies that went bankrupt nationwide was 647, down for the third straight month compared to the same month last year. Credit bureaus analyze that while support measures such as virtually interest-free and unsecured loans have reduced the number of bankruptcies, they may start to increase in the future.

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My number card function on smartphones The Ministry of Internal Affairs and Communications Experts Meeting begins to consider

2020-11-10 14:17:00
To promote the spread of My Number Card, the Ministry of Internal Affairs and Communications Experts' Meeting has begun to consider specific methods such as security measures in order to improve convenience by installing the card function on smartphones.

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A young farmer helps a mandarin orange farmer with a labor shortage in Corona Ehime

2020-11-10 13:52:00
In Yawatahama City, Ehime Prefecture, young farmers who usually produce vegetables and fruits other than mandarin oranges are helping to harvest oranges, which are under-harvested due to the effects of the new coronavirus.

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Minister of the Environment achieves both zero greenhouse gas emissions and economic growth with the third amendment

2020-11-10 13:44:00
Minister of the Environment Koizumi met with Keidanren executives and said that the government's policy is to reduce greenhouse gas emissions to zero by 2050 in preparation for the government's third supplementary budget. He expressed his desire to incorporate measures to achieve both economic growth.

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Nikkei Stock Average temporarily rises to the 25,000 yen level for the first time in 29 years

2020-11-10 13:27:00
On the 10th, the Nikkei Stock Average on the Tokyo Stock Exchange temporarily rose to the 25,000 yen level for the first time in 29 years during trading hours. In the afternoon, there are moves to sell higher-priced stocks in order to secure profits.

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Nikkei Stock Average rises to the 25,000 yen level for the first time in 29 years since 1991

2020-11-10 12:31:00
The Nikkei Stock Average on the Tokyo Stock Exchange on the 10th has risen to the 25,000 yen level for the first time in 29 years during trading hours. Due to expectations for the development of a vaccine for the new coronavirus, the Dow Jones Industrial Average has taken over the trend of a large rise in the New York market on the 9th.

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Mobile phone terminal "down payment" display is misleading Attention Public policy Minister of Internal Affairs and Communications

2020-11-10 11:58:00
Minister for Internal Affairs and Communications Takeda pointed out that the fee added to the price of the terminal is displayed as a "down payment" at the store of the mobile phone terminal, and it is said that it may be misleading to consumers. We have shown a policy of calling attention together with the Consumer Affairs Agency.

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Yen exchange rate drops by 1 yen or more Tokyo foreign exchange market

2020-11-10 11:51:00
On the 10th, the Tokyo foreign exchange market and the yen exchange rate have fallen by more than 1 yen.

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Minister of Land, Infrastructure, Transport and Tourism Hokkaido is not in a situation to be excluded from Go To Travel

2020-11-10 11:41:00
Minister of Land, Infrastructure, Transport and Tourism Akabane acknowledged that Hokkaido, where the number of people infected with the new coronavirus is increasing, is not currently excluded from Go To Travel, and has thoroughly implemented infection prevention measures for travelers. I called again.

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October loan balance falls below the previous month for the first time in 8 months Some large companies are repayment

2020-11-10 11:32:00
The balance of loans from banks and credit unions to businesses and individuals fell below the previous month for the first time in eight months last month. This is because large companies with strong business performance are repaying loans, but loans to small and medium-sized companies with tight cash flow are still at a high level.

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Third supplementary budget plan Can it lead to a recovery of the real economy in the midst of financial deterioration?

2020-11-10 11:30:00
Prime Minister Suga has made the third amendment of this year, which includes additional economic measures, in order to ensure the economic recovery while striving to achieve both thorough socio-economic activities and thorough measures to prevent the infection of the new coronavirus. Instructed to formulate a budget plan. The government's move to formulate a third supplementary budget is to support the economy with seamless support measures, but as the financial situation is worsening, how effective the budget is. The question is whether it can be allocated and lead to the recovery of the real economy.

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Current account surplus of 1,660.2 billion yen

2020-11-10 10:24:00
The current account balance in September was a surplus of 1,660.2 billion yen, showing how much Japan earned through foreign trade and financial transactions. As exports of automobiles and other products are on a recovery trend, the current account surplus exceeded the same month of the previous year for the first time in seven months.

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Nikkei Stock Average recovers to the 25,000 yen level for the first time in 29 years since 1991

2020-11-10 10:21:00
The Nikkei Stock Average on the Tokyo Stock Exchange on the 10th has recovered to the 25,000 yen level for the first time in 29 years during the trading hours. Due to expectations for the development of a vaccine for the new coronavirus, the Dow Jones Industrial Average has taken over the trend of a large rise in the New York market on the 9th.

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Yen exchange rate drops to the 105 yen level Tokyo foreign exchange market

2020-11-10 10:03:00
In the Tokyo foreign exchange market on the 10th, the yen exchange rate has fallen by more than 1 yen and is trading in the low 105 yen range per dollar.

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US popular brand "Supreme" to be acquired for 220 billion yen

2020-11-10 09:45:00
The popular American fashion brand "Supreme" has been acquired by a major American company that handles outdoor products such as "The North Face" for $ 2.1 billion and JPY 220 billion.

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EU annual maximum 420 billion yen to US retaliatory tariffs Aircraft manufacturer support tour

2020-11-10 09:08:00
The EU-European Union, which has been in conflict with the United States over support for aircraft manufacturers, announced that it will impose a retaliatory tariff of up to 420 billion yen per year approved by the WTO-World Trade Organization from the 10th. However, the EU is calling for discussions and the focus will be on whether both sides can come close to each other.

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NY Dow Jones Industrial Average temporarily closes to $ 30,000 in trading highs

2020-11-10 06:21:00
The Dow Jones Industrial Average on the New York stock market on the 9th of the week rose sharply, hitting a new high during the trading hours set in February.

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RCEP to finalize negotiations Aiming to build a free trade zone in 16 countries in Asia Pacific

2020-11-10 04:36:00
A summit meeting will be held on November 15th over RCEP = Regional Comprehensive Economic Partnership, which aims to build a free trade zone in 16 countries in the Asia-Pacific region. It is expected that final negotiations will be held aiming for an agreement in 15 countries except India, which suggests withdrawal and continues to be absent from the conference.

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Significant price increase in European stocks Good impression of new corona vaccine announcement

2020-11-10 04:32:00
The European stock market on the 9th rose sharply in favor of the preliminary results of clinical trials of the new coronavirus vaccine announced by American pharmaceutical giant Pfizer, and the Paris market rose by more than 7%. ..

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“Intellectual property” design registration begins for the exterior and interior of stores, etc.

2020-11-10 04:26:00
As the movement to devise the design of stores is becoming more active among companies, the JPO will protect the exterior and interior of buildings as intellectual property so that they will not be imitated, and the interior of conveyor belt sushi chain stores. 5 cases were registered for the first time.

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Kyoto   Mt.Fuji


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