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Economic news(2021/06/25)


Kyoto   Hakone

Toshiba Shareholders' Meeting Reappointment of two people including Chairman of the Board of Directors Nagayama

2021-06-25 22:36:00
At Toshiba's general meeting of shareholders, the reappointment of two outside directors, including Osamu Nagayama, chairman of the board of directors, was rejected by a large number of opposition. It is unusual for a company's proposed personnel case to be rejected, and the responsibility for corporate governance has been severely questioned by shareholders over dealing with so-called “shareholders who say things”.

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Factory production capacity temporarily suspended due to Renesas fire reaches pre-fire level

2021-06-25 21:31:00
Renesas Electronics, a major semiconductor manufacturer, has revealed that its main factory in Ibaraki Prefecture, which was temporarily shut down due to a fire, has recovered its production capacity to pre-fire levels. Shipments are expected to return to normal around mid-next month.

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Toshiba Shareholders' Meeting Reappointment of two people including Chairman of the Board of Directors Nagayama

2021-06-25 19:44:00
At Toshiba's general meeting of shareholders, the reappointment of two outside directors, including Osamu Nagayama, chairman of the board of directors, was rejected by a large number of opposition. It is unusual for a company's proposed personnel case to be rejected, and the responsibility for corporate governance has been severely questioned by shareholders over dealing with so-called “shareholders who say things”.

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Hokuriku Shinkansen Kanazawa-Tsuruga "Information sharing" is also a verification committee

2021-06-25 19:38:00
Due to the delay in opening the section between Kanazawa on the Hokuriku Shinkansen and Tsuruga in Fukui Prefecture, the national verification committee left the information not shared with local governments, etc., despite problems with the construction. As one of the factors, we have compiled a report stating that it is necessary to strengthen cooperation with JR and local governments and increase the number of construction engineers in order to prevent recurrence.

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Hokuriku Shinkansen Kanazawa-Tsuruga Delayed opening "Unreasonable process control cause" Verification Committee

2021-06-25 18:51:00
The planned opening of the section between Kanazawa on the Hokuriku Shinkansen and Tsuruga in Fukui Prefecture was postponed without the local government knowing the delay in construction. We have compiled a report that the cause was that we continued unreasonable process control without sharing information.

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Yen exchange rate Small price movements Also to identify economic indicators related to personal consumption of rice

2021-06-25 18:33:00
On the 25th, the Tokyo foreign exchange market and the yen exchange rate were modest.

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Top 43 years Suzuki Osamu Suzuki retired "Learn from failure and grow"

2021-06-25 18:26:00
Chairman Osamu Suzuki, who has been the top management of the automobile manufacturer Suzuki for 43 years, retired from the line of management at the general meeting of shareholders held in Hamamatsu City on the 25th.

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Sold the shares of Panasonic electric vehicle Tesla for about 400 billion yen

2021-06-25 18:24:00
Panasonic has revealed that it had sold all of its shares in Tesla, an American electric car maker, by the end of March. The sale price will be approximately 400 billion yen.

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Mitsubishi Motors German prosecutor's fine of over 3 billion yen Insufficient compliance with exhaust gas regulations

2021-06-25 18:10:00
It turned out that Mitsubishi Motors had been ordered by the German prosecutor's office to pay a fine of more than 3 billion yen for insufficient compliance with vehicle exhaust gas regulations.

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Wide range of buy orders due to rising stock prices and expectations for recovery in the US economy

2021-06-25 16:45:00
In the Tokyo stock market on the 25th, stock prices rose due to buy orders for a wide range of stocks due to expectations for a recovery in the US economy.

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Toshiba Shareholders' Meeting Reappointment of two people including Chairman of the Board of Directors Nagayama

2021-06-25 15:44:00
The reappointment of two outside directors, including Osamu Nagayama, chairman of the board of directors, was rejected by a large number of opposition at the general meeting of shareholders of Toshiba, while the response to so-called "shareholders who say things" was asked. It is unusual for a company-proposed board member to be rejected.

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Toshiba Shareholders' Meeting Reappointment of two people including Chairman of the Board of Directors Nagayama

2021-06-25 15:13:00
The reappointment of two outside directors, including Osamu Nagayama, chairman of the board of directors, was rejected by a large number of opposition at the general meeting of shareholders of Toshiba, while the response to so-called "shareholders who say things" was asked. It is unusual for a company-proposed board member to be rejected.

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Internet banking is not available at multiple regional banks and obstacles are resolved

2021-06-25 13:12:00
Several regional banks have experienced problems with the inability to use Internet banking from the night of the 24th. A problem occurred in the data center of the company that operates the system, and as a result of the restoration work, the failure was resolved by around 10 am on the 25th.

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Toshiba Shareholders' Meeting Reappointment of two people including Chairman of the Board of Directors Nagayama

2021-06-25 12:56:00
The reappointment of two outside directors, including Osamu Nagayama, chairman of the board of directors, was rejected by a large number of opposition at the general meeting of shareholders of Toshiba, while the response to so-called "shareholders who say things" was asked. It is unusual for a company-proposed board member to be rejected.

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Toshiba Shareholders' Meeting Opinions on the responsibility of management The focus is on the reappointment of Chairman Nagayama and others

2021-06-25 11:58:00
Toshiba is holding a general meeting of shareholders on the 25th, as it is being asked to deal with so-called "shareholders who say things". Shareholders have expressed their views on the responsibility of management after receiving a report stating that the operation of last year's general meeting of shareholders was "not fair."

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US emerging media "BuzzFeed" listed on Nasdaq market

2021-06-25 11:33:00
BuzzFeed, an emerging media company in the United States, announced that it will list its shares on the US Nasdaq market, which has many IT-related companies. With the aim of strengthening management through the acquisition of Internet media, the market capitalization is expected to reach 160 billion yen in Japanese yen.

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Financial assets owned by individuals Record high of 1946 trillion yen Due to stock price rise, etc.

2021-06-25 11:23:00
Financial assets such as deposits and stocks held by individuals reached a record high of 1946 trillion yen as of the end of March. Rising stock prices have pushed up personal financial assets.

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Financial assets owned by individuals Record high of 1946 trillion yen Due to stock price rise, etc.

2021-06-25 10:44:00
Financial assets such as deposits and stocks held by individuals reached a record high of 1946 trillion yen as of the end of March. Rising stock prices have pushed up personal financial assets.

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“Involved in Forced Labor” Biden Administration Sanctions to Eliminate Chinese Companies

2021-06-25 05:54:00
The Biden administration in the United States has announced comprehensive sanctions to exclude Chinese companies that produce materials such as solar panels from the supply chain, alleging that they were involved in the ongoing forced labor in China's Xinjiang Uighur Autonomous Region.

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Toshiba Shareholders' Meeting Focus on whether reappointment of Chairman Nagayama and others will be approved

2021-06-25 05:21:00
Toshiba will hold a general meeting of shareholders on the 25th, and the focus will be on whether the reappointment of Chairman Osamu Nagayama and others will be approved, as the response to so-called "shareholders who say things" is being asked.

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Microsoft "Windows 11" will be offered in the second half of this year

2021-06-25 04:48:00
Microsoft, a major IT company in the United States, has announced that it will provide the next-generation PC basic software "Windows 11" with enhanced cooperation with smartphone applications in the latter half of the year.

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Bank of Japan Tankan Private Forecast Large Business Manufacturing Improves Food and Beverage and Accommodation

2021-06-25 04:03:00
According to the Bank of Japan's Tankan = Corporate Short-term Economic Observation Survey's private forecast released on the 1st of next month, the economic judgment of large manufacturing companies is expected to continue to improve. On the other hand, although the non-manufacturing industry also turned positive for the first time in five quarters, industries such as food and beverage and lodging are still tough, and it is expected that the overall level will remain low.

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Kyoto   Mt.Fuji


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