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Economic news(2021/06/30)


Kyoto   Hakone

Mitsubishi Electric Reveals the details of fraudulent inspections of railway air conditioners, etc.

2021-06-30 21:00:00
On the night of the 30th, Mitsubishi Electric, a major electronics manufacturer, revealed the specific details of the fraudulent inspection of the air conditioners for railways it manufactures.

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Travel major KNT-CT Olympics official watching tour sales not resumed

2021-06-30 20:22:00
KNT-CT Holdings, a major travel company that owns Kinki Nippon Tourist, has announced that it will not resume sales of official spectator tours for the Tokyo Olympics.

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Travel major KNT-CT Olympics official watching tour sales not resumed

2021-06-30 19:39:00
KNT-CT Holdings, a major travel company under the umbrella of Kinki Nippon Tourist, announced that it will not resume sales of official watching tours for the Tokyo Olympics. The official tour, which includes watching tickets and accommodation, was suspended last year due to the postponement of the tournament. The company was planning to resume sales after the state of emergency was lifted in Tokyo, etc., but decided not to resume sales as the upper limit of the number of spectators was set. The company says that those who have already applied for the tour will not be affected.

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Japan Post President Masuda apologizes for a series of post office scandals

2021-06-30 19:27:00
Hiroya Masuda, president of Japan Post Holdings, said at a meeting on the 30th that there were a series of scandals at the post office, such as telling customers about the lie and cheating about 1.2 billion yen. He apologized and expressed his intention to urgently take measures to prevent recurrence.

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Yen exchange rate Small price movement Tokyo foreign exchange market

2021-06-30 18:53:00
On the 30th, the Tokyo foreign exchange market and the yen exchange rate moved slightly.

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Is it more than 30 years of fraudulent inspection of air conditioning equipment for Mitsubishi Electric railways?

2021-06-30 16:45:00
Mitsubishi Electric, a major electronics manufacturer, has revealed that there was a fraud in an inspection to check the performance of the air conditioning equipment it manufactures. The fraud may have been going on for more than 30 years.

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Auto insurance premiums are expected to be reduced after January next year due to a decrease in traffic accidents

2021-06-30 16:43:00
As traffic accidents are decreasing due to the spread of automatic braking, it is expected that the price of automobile insurance will be reduced. The standard insurance premium has been reduced by 3.8%, and non-life insurance companies are expected to reduce the price from January next year.

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Stock price drops slightly

2021-06-30 16:08:00
On the 30th, the stock price of the Tokyo stock market fell slightly.

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Gasoline retail price rises for 4 consecutive weeks to the level for the first time in 2 years and 7 months

2021-06-30 15:47:00
The retail price of regular gasoline increased by 0.7 yen due to the rise in crude oil price, reaching a national average of 156.3 yen per liter. This is the fourth consecutive week of price increases, the first level in two years and seven months.

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"Consumer attitude index" showing motivation for shopping etc. rose for the first time in 3 months in June

2021-06-30 15:45:00
The "Consumer Attitude Index" in June, which shows consumers' willingness to shop, exceeded May by 3.3 points, improving for the first time in three months. The Cabinet Office has also revised up the keynote judgment of consumer sentiment, saying, "Although it is still tough, the movement to pick up is continuing."

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Japan Airlines made an additional investment in Chinese LCC "Spring Airlines Japan" to become a subsidiary

2021-06-30 15:01:00
Japan Airlines made an additional investment in "Spring Airlines Japan", which was a Chinese LCC = low-cost carrier, and made it a subsidiary. The three LCC companies in the group want to capture tourism demand, which is expected to recover in the future.

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Housing starts in May 70,178 units increased for 3 consecutive months Ministry of Land, Infrastructure, Transport and Tourism

2021-06-30 14:46:00
According to the Ministry of Land, Infrastructure, Transport and Tourism, the number of newly constructed houses nationwide last month was 70,178, an increase of 9.9% from the same month last year, increasing for the third consecutive month. “Rental houses” indicating rental housing such as apartments, “for-sale housing” such as condominiums and built-for-sale housing, and “owned houses” indicating custom-built housing all exceeded the previous year.

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"Consumer attitude index" showing motivation for shopping etc. rose for the first time in 3 months in June

2021-06-30 14:42:00
The "Consumer Attitude Index" in June, which shows consumers' willingness to shop, rose to 37.4, 3.3 points higher than the previous month, for the first time in three months. For this reason, the Cabinet Office revised the keynote judgment of consumer sentiment upward, stating that "although it is still severe, the movement to pick up is continuing."

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Is it more than 30 years of fraudulent inspection of air conditioning equipment for Mitsubishi Electric railways?

2021-06-30 13:45:00
Mitsubishi Electric, a major electronics manufacturer, has revealed that there was a fraud in an inspection to check the performance of the air conditioning equipment it manufactures. The fraud may have been going on for more than 30 years.

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Is it more than 30 years of fraudulent inspection of air conditioning equipment for Mitsubishi Electric railways?

2021-06-30 13:09:00
Mitsubishi Electric, a major electronics manufacturer, has revealed that there was a fraud in an inspection to check the performance of the air conditioning equipment it manufactures. The fraud may have been going on for more than 30 years.

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Shiseido's daily necessities business Investment fund acquired to launch new company

2021-06-30 13:01:00
A new company invested by a foreign investment fund to take over the business of daily necessities such as shampoo and facial cleanser of cosmetics giant "Shiseido" held a press conference on the 30th, focusing on online sales with an eye on Asia. He expressed his intention to list the new company in the future.

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May mining and manufacturing production index declines for the first time in 3 months

2021-06-30 10:56:00
The mining and industrial production index of last month and May, which shows the production activity of companies, fell 5.9% from the previous month, the first decline in three months. Due to the global shortage of semiconductors, automobile production has dropped significantly.

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May mining and manufacturing production index declines for the first time in 3 months

2021-06-30 09:08:00
The May mining and industrial production index, which shows the production activity of companies, was 94.1, which was 100 in 2015, down 5.9% from the previous month and fell for the first time in three months. This was due to a significant drop in automobile production due to the shortage of semiconductors. On the other hand, the keynote judgment that "production is picking up" was maintained.

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Is it more than 30 years of fraudulent inspection of air conditioning equipment for Mitsubishi Electric railways?

2021-06-30 07:47:00
Mitsubishi Electric, a major electronics manufacturer, has revealed that there was a fraud in an inspection to check the performance of the air conditioning equipment it manufactures. The fraud may have been going on for more than 30 years.

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Charge for plastic shopping bags 1 year Decline rate 70% or more Increased to about 3 times before introduction

2021-06-30 06:49:00
Retail stores nationwide are obliged to charge for plastic shopping bags, and one day is one year. According to major convenience stores, the percentage of people who decline shopping bags has reached more than 70%, which is about three times the number before the introduction of toll roads. On the other hand, the purchase volume of plastic bags for home use, which can replace plastic shopping bags, is increasing, and how to reduce plastic waste continues to be an issue.

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Kyoto   Mt.Fuji


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