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Economic news(2021/01/26)


Kyoto   Hakone

Softbank Junichi Miyagawa Vice President Promoted to President Masayoshi Son Retires as Chairman

2021-01-26 20:30:00
Softbank, a major telecommunications company, has decided to promote the appointment of Vice President Junichi Miyakawa to President and CEO = Chief Executive Officer in April. At the same time, President Ken Miyauchi became chairman, and the founder, Masayoshi Son, will retire as chairman.

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Corona Shunto Virtually Start Labor-Management Negotiations to Raise Wages and Maintain Employment

2021-01-26 19:14:00
A meeting was held attended by Keidanren and Union executives, and this spring battle was virtually started. Keidanren is cautious about raising wages uniformly, while the Union demanded a wage increase of about 2% to correspond to the base increase, saying that the lives of workers are becoming difficult due to the influence of the new coronavirus. I have shown my position again.

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NTT side sets new charges to review call charges from fixed-line phones to mobile phones

2021-01-26 18:46:00
Call charges for making calls from fixed-line phones in NTT East and West Japan to mobile phones have been revised. A meeting of experts from the Ministry of Internal Affairs and Communications has announced a new policy that NTT will set call charges on behalf of major mobile phone companies in order to encourage price cuts.

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Business suspension due to soaring new electricity procurement price in the third sector Akita Kazuno

2021-01-26 18:36:00
The third sector "new electric power" established in Kazuno City, Akita Prefecture, will be suspended on the 14th of next month because the procurement price of electric power is soaring and it becomes unprofitable.

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Yen exchange rate Small price movements Biden administration's monetary policy wait-and-see attitude

2021-01-26 18:09:00
On the 26th, the yen exchange rate on the Tokyo foreign exchange market showed a slight movement against the dollar.

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The number of laptop computers shipped was the highest since 1993 due to corona effects

2021-01-26 16:11:00
Last year, the number of laptop computers shipped in Japan increased by more than 25% from the previous year, the highest number since 1993 when we started collecting statistics in the current form. It is believed that the spread of telework due to the influence of the new coronavirus and the accelerated deployment of personal computers in elementary and junior high schools.

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Suspended acceptance of new applications for "Rakuten Denki" Impact of severe power supply and demand

2021-01-26 16:07:00
Rakuten Mobile, a company called "New Electric Power" that has newly entered the electric power retail business, announced that it will temporarily suspend the acceptance of new applications for the "Rakuten Denki" service it provides. Due to the effects of cold weather and other factors, electricity demand is increasing and procurement costs are rising, and the effects of tighter electricity supply and demand are affecting the new electricity business.

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Stock price drop European corona vaccine supply delay fears sell order

2021-01-26 15:44:00
Stock prices on the Tokyo Stock Exchange fell on the 26th.

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When the Japanese economy returns "First half of next year" is the most 100 companies survey

2021-01-26 14:48:00
According to a survey conducted by NHK on 100 major companies, nearly half of the companies said that the outlook for when the Japanese economy would return to the level before the spread of the new coronavirus was in the first half or the second half of "next year 2022". He responded, showing the company's harsh view of economic recovery as the spread of the infection continues.

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South Korea Last year's GDP negative growth for the first time in 22 years Impact of new corona

2021-01-26 12:47:00
South Korea's GDP = gross domestic product growth rate for the last year was -1% due to the effects of the new coronavirus and the cooling of consumption, the first negative growth in 22 years.

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All Nippon Airways International Summer Schedule Announced 16 routes suspended, etc. Seats reduced by approximately 50%

2021-01-26 12:38:00
All Nippon Airways announced on the 26th that it plans to reduce the number of seats offered on international summer schedules by about 50% from last year's summer schedule. Depending on the status of the spread of the infection, it will respond flexibly, such as considering further suspension or reduction of flights.

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Corporate service price level in December 0.4% below the same month last year

2021-01-26 12:14:00
Last month, the price level of services offered to businesses fell 0.4% from the same month of the previous year, partly due to lower room and store rents due to the impact of the new coronavirus.

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Corona Shunto Virtually Start Labor-Management Negotiations to Raise Wages and Maintain Employment

2021-01-26 12:12:00
A meeting was held attended by Keidanren and Union executives, and this spring battle was virtually started. While the Union is demanding a base increase, Keidanren has repeatedly shown a cautious stance on uniform wage increases for each company as the new coronavirus has increased uncertainty about the future of management.

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Stock price decline Temporarily dropped by more than 200 yen due to concerns about the spread of corona vaccine

2021-01-26 12:09:00
The stock price on the Tokyo Stock Exchange on the 26th is falling.

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Yen exchange rate Small price movement

2021-01-26 11:48:00
In the Tokyo foreign exchange market on the 26th, the yen exchange rate has been slightly moving against the dollar.

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Bank of Japan Financial Policy Meeting “ETF Purchasing Flexible Responses”

2021-01-26 11:42:00
The Bank of Japan has released the minutes of last month's meeting, which decided to carry out "inspections" to implement more effective and sustainable monetary easing. It was found that there was an opinion that the BOJ should seek a flexible response to the purchase of ETFs = exchange-traded funds, etc., in order to supply a large amount of funds to the financial markets, depending on the market conditions.

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Request to increase semiconductor production in Japan, the United States, Europe and Taiwan Widespread reduction in automobile production due to global shortage

2021-01-26 09:52:00
It was found that countries including Japan are demanding an increase in supply from Taiwan, where major semiconductor manufacturers are located, in response to the widespread production cuts among automobile manufacturers against the backdrop of a global semiconductor shortage. Taiwanese authorities have called on semiconductor manufacturers to cooperate.

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When the Japanese economy returns "First half of next year" is the most 100 companies survey

2021-01-26 06:49:00
According to a survey conducted by NHK on 100 major companies, nearly half of the companies said that the outlook for when the Japanese economy would return to the level before the spread of the new coronavirus was in the first half or the second half of "next year 2022". He responded, showing the company's harsh view of economic recovery as the spread of the infection continues.

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"Explanation of important matters" for real estate sales will be available online from April

2021-01-26 06:43:00
The way real estate is bought and sold has changed dramatically. The Ministry of Land, Infrastructure, Transport and Tourism has also approved that businesses will carry out a procedure called "explanation of important matters" to explain rights and the risk of inundation online from April.

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World's total working hours reduced by 255 million people Equivalent to unemployment “Measures for young women”

2021-01-26 05:24:00
The ILO (International Labor Organization) has released an estimate that last year's total working hours worldwide decreased by 8.8% compared to before the spread of the new coronavirus. That's the equivalent of 255 million people unemployed.

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This year's spring battle virtually started Today negotiations between labor and management develop

2021-01-26 05:17:00
This year's shunto will virtually start at the Keidanren and Union meeting on the 26th. As the spread of the new coronavirus continues for a long time and uncertainty about the future of the Japanese economy grows stronger, negotiations between labor and management will be held over how much employment can be maintained and wages can be raised.

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Kyoto   Mt.Fuji


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