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Economic news(2020/11/12)


Kyoto   Hakone

Nissan Motor's half-year interim settlement of accounts final loss of 329.9 billion yen

2020-11-12 21:25:00
Nissan Motor Co., Ltd., whose business performance is sluggish, reported that sales in Japan and overseas fell sharply due to the impact of the new coronavirus in the interim results for the six months to September, and the final profit and loss of the entire group was 300 billion. It became a large deficit exceeding the yen.

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Amendment to the Seed and Seedling Law "For farmers to protect new varieties of intellectual property" Agriculture Minister Nogami

2020-11-12 21:19:00
The Minister of Agriculture, Forestry and Fisheries of the House of Representatives began asking questions on the amendment to the Seed and Seedling Law, which regulates the removal of newly developed seeds and seedlings in Japan without permission. It is beneficial for farmers to protect new varieties, which are their property, "he emphasized the significance of the law revision.

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Development of new corona therapeutic drug 5 companies across industries collaborate to establish new company

2020-11-12 18:43:00
Five companies, including a pharmaceutical venture company and a major IT company, have jointly established a new company to develop a therapeutic drug for the new coronavirus as soon as possible. The aim is to significantly shorten the development period by allowing companies to collaborate across industries and utilize computers with high computing power.

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Yen exchange rate Small price movement

2020-11-12 18:24:00
On the 12th, the Tokyo foreign exchange market and the yen exchange rate were modest against the dollar.

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Request for support from the Governor of Shimane Prefecture, which has a factory for reducing the number of employees of Hitachi Metals

2020-11-12 18:06:00
Following the announcement by Hitachi Metals, a major metal manufacturer, that it will reduce personnel, Governor Maruyama of Shimane Prefecture, where its subsidiaries and factories are located, will visit the Ministry of Economy, Trade and Industry, and if factories in the prefecture are targeted, the local economy We requested the support of the government because there was concern about the impact on such issues.

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UK GDP + 15.5% also becomes more uncertain due to re-expansion of new corona infection

2020-11-12 17:50:00
In the UK, GDP = gross domestic product from July to September increased by 15.5% compared to the previous three months. However, since then, the infection with the new coronavirus has spread again, and the impact on economic activities has spread, such as the ban on store operations in principle, and uncertainty about the future is increasing.

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Nissan Motor's half-year interim settlement of accounts final loss of 329.9 billion yen

2020-11-12 17:28:00
Nissan Motor Co., Ltd., whose business performance is sluggish, reported that the half-year interim results up to September were affected by the impact of the new coronavirus and other factors, and sales fell sharply in Japan and overseas. It became a deficit of 100 million yen. Although the outlook for the current year has been revised upward somewhat, the final deficit is 615 billion yen.

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New Corona Hokkaido Affects tourism in Hakodate, where infection spreads

2020-11-12 16:59:00
As the infection of the new coronavirus spreads in Hokkaido, reservations are being canceled one after another at accommodation facilities in Hakodate.

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Proposal for approval of UK-Japan EPA agreement Begins deliberation in the House of Representatives

2020-11-12 16:29:00
The House of Representatives has begun deliberations on a bill seeking approval from the Diet of the EPA = Economic Partnership Agreement between Japan and the United Kingdom. Foreign Minister Motegi emphasized the significance of "leading to further promotion of trade and investment."

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Entering the business of introducing LINE “one-time work” app users

2020-11-12 16:26:00
As the number of companies accepting side businesses increases, LINE, a major communication app company, will embark on a business that introduces one-time jobs that can be done in a short time on the app. The aim is to capture the demand of people who want to do side jobs in their spare time when working from home.

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Nikkei Stock Average 8 business days in a row Rise at closing price for the first time in 29 years and 5 months

2020-11-12 15:45:00
The closing price of the Nikkei Stock Average on the Tokyo Stock Exchange on the 12th was 25,520.88 yen. The price has risen for eight consecutive business days, reaching the highest level in 29 years and 5 months.

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Seibu Holdings to increase capital by 39 billion yen in final profit and 80 billion yen in deficit

2020-11-12 15:33:00
At Seibu Holdings, the number of passengers on railroads and hotels fell due to the impact of the new coronavirus, and the group-wide interim results for the six months to September resulted in a final loss of 39 billion yen.

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Japan Airlines Tells Labor Union Policy to Reduce Winter Bonus

2020-11-12 15:31:00
Japan Airlines, whose business performance has deteriorated due to the effects of the new coronavirus, has decided to reduce this winter bonus to one-fourth of the average year and has informed the labor union. In the aviation industry, the impact on wages continues, with ANA Holdings also refraining from paying a lump sum payment in winter.

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Hokuriku Shinkansen Tsuruga extension delayed opening Ministry of Land, Infrastructure, Transport and Tourism July grasped without explaining to prefecture

2020-11-12 15:15:00
The Ministry of Land, Infrastructure, Transport and Tourism, which indicated that the opening of the section connecting Kanazawa on the Hokuriku Shinkansen and Tsuruga in Fukui Prefecture would be delayed, explained the process to Governor Sugimoto in Fukui Prefecture and apologized. In this, it became clear that the Ministry of Land, Infrastructure, Transport and Tourism knew that it would be delayed as of July, but did not explain it to the prefecture.

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The largest family restaurant "Skylark HD" will close about 200 stores

2020-11-12 15:00:00
Skylark Holdings Co., Ltd., the largest family restaurant, will close about 200 stores, including unprofitable stores, by the end of next year in order to recover its business performance, which has been declining due to the impact of the new coronavirus. However, the company says it will maintain employment by relocating within the group without reducing the number of employees due to the closing of the store.

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Release of home video game consoles "PS5" and "Xbox" Competition intensifies for the first time in about 7 years

2020-11-12 13:25:00
As the game market is expected to expand due to the so-called nesting demand of people who spend their time at home, Sony and Microsoft have released new game consoles, and competition is fierce for the year-end sales season.

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“Third beer” tax rate hike reduces sales of all four major beer companies

2020-11-12 13:08:00
Last month's sales of the so-called third beer, whose tax rate was raised by the revision of the Liquor Tax Law on the 1st of last month, fell below the same month last year for all four major beer companies.

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Stock price rise

2020-11-12 12:15:00
The Nikkei Stock Average is rising on the Tokyo Stock Exchange on the 12th.

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Yen exchange rate Small price movement

2020-11-12 12:00:00
On the 12th, the Tokyo foreign exchange market and the yen exchange rate have been slightly moving against the dollar.

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Corporate price index fell for 2 consecutive months in October Demand for steel, wood, etc. was sluggish

2020-11-12 10:40:00
Last month's corporate goods price index, which shows the prices of goods traded between companies, fell 0.2% from the previous month, excluding the impact of the consumption tax hike, and fell for the second straight month. The main reason is that demand for steel and wood is sluggish due to the influence of the new coronavirus.

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Yen exchange rate Small price movement

2020-11-12 09:51:00
On the 12th, the Tokyo foreign exchange market and the yen exchange rate have been slightly moving against the dollar. Market officials said, "We have little material to deal with the dollar, but the European Central Bank's governor, Christine Lagarde, sold the euro after mentioning additional monetary easing measures to be considered at the board meeting next month. There is a movement to buy yen and dollars. "

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Expectations for full-scale economic activity

2020-11-12 09:49:00
The stock price on the Tokyo Stock Exchange on the 12th is rising. Market officials said, "We continue to expect that the development of the new coronavirus vaccine will progress and economic activity will begin in earnest. On the other hand, there are cautions that the pace of stock price increases is fast, and for the time being. There are also sell orders to secure profits. "

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TikTok Operating Company Petitioned Court for Injunction to Sell Business in the United States

2020-11-12 09:17:00
The Chinese operator of the video-sharing app TikTok has filed a petition in court seeking an injunction against the US Trump administration ordering the sale of its business in the United States by November 12.

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Machinery orders decreased by 4.4% in September Keynote judgment "It is stopping to decline"

2020-11-12 09:03:00
The value of orders received by major machinery manufacturers in September, which indicates the future of corporate capital investment, was 719.3 billion yen, excluding ships and electric power, which are subject to large fluctuations, down 4.4% from the previous month. However, the Cabinet Office has left the keynote judgment of machine orders as "stopping down" in light of recent trends.

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New York Dow Jones Industrial Average slightly down

2020-11-12 06:15:00
The Dow Jones Industrial Average on the New York stock market on the 11th was a small drop.

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China Alibaba Group "Single's Day" transaction value about 7.9 trillion yen

2020-11-12 05:29:00
In China, on the 11th, which is called "Single's Day", a large-scale discount sale was held by Internet mail order companies, and the largest Alibaba Group has combined the sale amount of this year with the sale that was done ahead of schedule. Announced that it amounted to about 7.9 trillion yen in Japanese yen.

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High-speed communication demonstration experiment using satellites to improve operational efficiency even on ships

2020-11-12 04:45:00
Demonstration experiments of high-speed communication using satellites are being conducted in order to improve the efficiency of operations using digital technology and promote DX = digital transformation on ships.

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Kyoto   Mt.Fuji


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