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Economic news(2021/02/02)


Kyoto   Hakone

Myanmar coup continues to affect local Japanese companies

2021-02-02 22:32:00
In Myanmar, where the military carried out a coup d'etat, Japanese companies have stopped operating factories for two days, and flights between the local area and Japan have been canceled.

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Timing of the release of the state of emergency and its impact on the economy Expert analysis

2021-02-02 22:09:00
A group of economics experts published a simulation that analyzed the effects of infection control in Tokyo and the economic impact of the declaration of emergency for measures against the new coronavirus, and reduced the number of infected people sufficiently in the shortest possible time. If the declaration was lifted after that, the result was that the re-spread of the infection was suppressed and the economic loss was reduced.

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Agreed with Japan Communication to reduce NTT DoCoMo call line charges

2021-02-02 21:52:00
Japan Telecom, a low-priced smartphone company, announced that it has agreed with NTT DoCoMo, which rents a calling line, to reduce the renting fee. DoCoMo will also review the charges for lending to other cheap smartphone companies in the future.

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Mitsubishi Motors 9-month financial results until December Large deficit due to corona impact

2021-02-02 20:01:00
Mitsubishi Motors' financial results for the nine months to December last year showed a large deficit of over 240 billion yen due to sluggish sales in Japan and overseas due to the impact of the new coronavirus. On the other hand, we have revised upward the earnings forecast for the year to next month as cost reductions have progressed.

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Panasonic Settlement for 9 months until December Sales and profits declined due to the impact of Corona

2021-02-02 19:52:00
Panasonic's financial results for the nine months to December last year saw lower sales and profits due to the impact of the new coronavirus. A major factor is the decline in sales of systems for enjoying video and music on board as demand for aircraft is declining.

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Myanmar coup continues to affect local Japanese companies

2021-02-02 19:51:00
In Myanmar, where the military carried out a coup d'etat, Japanese companies have stopped operating factories for two days, and flights between the local area and Japan have been canceled.

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Extension of state of emergency "Impact on the economy is limited" Secretary-general of Keizai Doyukai

2021-02-02 19:08:00
Regarding the extension of the state of emergency for measures against the new coronavirus, Mr. Sakurada, the secretary-general of the Keizai Doyukai, said at a regular press conference that it was "unavoidable" and that the impact on the Japanese economy would be compared to the time of the state of emergency declared last spring. , Showed the view that it will be limited.

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Trial calculation for private think tanks, etc.

2021-02-02 19:02:00
Private think tanks and others have announced estimates of the impact on the Japanese economy if the state of emergency is extended by one month. Combined with the impact from the 7th of last month when the declaration was issued, it is predicted that the annual GDP = gross domestic product will be reduced by about 0.5% to 1%, and there is concern that the number of unemployed will increase.

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Yen exchange rate Small price movement

2021-02-02 18:17:00
On the 2nd, the Tokyo foreign exchange market and the yen exchange rate moved slightly.

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Fast Retailing to reduce CO2 emissions to virtually zero by 2050

2021-02-02 17:55:00
As companies are required to make efforts to reduce greenhouse gases, UNIQLO's Fast Retailing will reduce carbon dioxide emissions to virtually zero by 2050 by reducing the amount of electricity used in factories. Clarified the policy.

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Published the procedure to avoid and accept "dense" people who have difficulty returning home from Corona

2021-02-02 17:04:00
In an attempt to achieve both measures against the new coronavirus and safe evacuation, a major real estate company in Tokyo released a new procedure on the 2nd to accept a large number of people who have difficulty returning home while avoiding "denseness" using digital technology.

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Stock price rise

2021-02-02 16:17:00
Stock prices on the Tokyo Stock Exchange on the 2nd rose.

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Go To Travel Judgment based on national uniform suspension extension government countermeasures headquarters

2021-02-02 12:35:00
Regarding the handling of the "Go To Travel" project due to the extension of the state of emergency, Minister of Land, Infrastructure, Transport and Tourism Akabane said at a press conference after the Cabinet meeting on the 2nd, based on the government's new coronavirus countermeasures headquarters scheduled to be held on the night of the 2nd. He said he would decide whether to continue the outage.

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Stock price rise

2021-02-02 12:28:00
The stock price on the Tokyo Stock Exchange on the 2nd is rising.

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Yen exchange rate Small price movement

2021-02-02 12:20:00
On the 2nd, the Tokyo foreign exchange market and the yen exchange rate have been modest.

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Minister of Internal Affairs and Communications Takeda evaluated as "active price competition" with Rakuten Mobile's new plan

2021-02-02 12:04:00
Regarding Rakuten Mobile's announcement last week of a new plan to gradually reduce charges according to data usage, Minister of Internal Affairs and Communications Takeda evaluated that price competition for mobile phone charges became active, and said that the price plan He expressed his intention to continue to improve the environment so that changes can be made smoothly.

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US Congress Economic Forecast Announcement Mid-to-Before Corona Infection

2021-02-02 08:19:00
The US Congress has announced that the economy hit by the new coronavirus will return to pre-infection levels in the middle of the year, partly due to the spread of vaccines. On the other hand, it will take three years for the number of employees to return to before the spread of the infection, and concerns about the so-called "recovery without employment" are likely to continue.

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Cooking oil price increase from spring announced by three major manufacturers

2021-02-02 06:52:00
Three major edible oil manufacturers have announced that they will raise prices for household and commercial edible oils from March to April due to unseasonable weather prices for raw soybeans and other ingredients.

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Digital business transformation “Company-wide” level is 8% Companies self-evaluate

2021-02-02 05:37:00
According to a self-assessment by more than 220 companies in Japan regarding DX = digital transformation initiatives that transform operations with digital technology, only 8% of the companies are said to be "working company-wide." That was found in a survey by the Ministry of Economy, Trade and Industry.

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Finance Minister Aso Confirms cooperation with US Treasury Secretary Janet Yellen on economic policy, etc.

2021-02-02 05:36:00
Deputy Prime Minister and Finance Minister Aso met with Mr. Yellen, who became Secretary of the Treasury under the Biden administration in the United States, on the telephone on the night of the day of Japan time, and is preparing for future economic policy and issuance by China. We have confirmed that the two countries will work together in response to the "RMB".

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Kyoto   Mt.Fuji


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