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Economic news(2021/12/24)


Kyoto   Hakone

Offshore wind power generation Determined power generation companies in 3 areas off Chiba prefecture and off Akita prefecture

2021-12-24 21:57:00
Regarding "offshore wind power generation," which is expected to lead to expanded use of renewable energy, the government has decided on power generation companies in three areas, off the coast of Chiba prefecture and off the coast of Akita prefecture. The focus is on whether it will be a momentum for full-scale popularization.

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World's first liquefied hydrogen carrier departs from Kobe to Australia

2021-12-24 19:34:00
The world's first carrier that liquefies and carries hydrogen, which is expected to be an energy source for decarbonization because it does not emit carbon dioxide when burned, departed from Kobe City for Australia on the 24th.

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UNIQLO and GU stores dispute over self-registration technology patents Settled

2021-12-24 19:18:00
Fast Retailing has announced that it has reached a settlement with IT companies in Osaka City, which had been disputing patents for self-registration technology at UNIQLO and GU stores. Withdrawing all of the series of trials, the dispute over the cash register has now been settled.

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Yen exchange rate Small price movements Less transactions due to Christmas holidays, etc.

2021-12-24 18:52:00
On the 24th, the Tokyo foreign exchange market and the yen exchange rate moved slightly.

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Uighur Autonomous Region Product Import Principle Prohibition Law Enacted in US Impact of Japanese Companies

2021-12-24 18:41:00
President Biden of the United States signed a bill banning the import of products believed to have been produced by forced labor in China's Xinjiang Uygur Autonomous Region, and the law was passed. The Biden administration is increasing pressure on China because of human rights issues, which is expected to affect Japanese companies.

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Balmuda Outside Director Purchases Shares Before Announces Resignation

2021-12-24 18:39:00
Balmuda, an emerging consumer electronics maker, announced that an outside director, who had bought its shares before announcing an upward revision of its earnings forecast, resigned on the 24th, in violation of internal rules.

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A bill to appoint a new director of Yamaguchi FG, which owns Yamaguchi Bank, has been passed.

2021-12-24 18:28:00
Yamaguchi Financial Group, which owns Yamaguchi Bank and others, held an extraordinary general meeting of shareholders on the 24th, and a proposal to appoint a new director to replace former chairman Takeshi Yoshimura who resigned was passed.

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Housing starts in November Increased 3.7% year-on-year for 9 consecutive months

2021-12-24 18:13:00
Demand for housing is strong as we spend more time at home on telework. The number of housing units started nationwide in November was more than 73,000, an increase of more than 3% from the same month last year, the ninth consecutive month of increase.

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Shiga's pharmaceutical company Manufacture and sales by reducing the amount of ingredients Prefectural orders to suspend operations

2021-12-24 18:04:00
It was found that a pharmaceutical company in Koka City, Shiga Prefecture, had been manufacturing and selling the drug by reducing the amount of ingredients of the drug from the approved amount for more than 20 years. Issued a business suspension order for 75 days. No health hazard has been confirmed.

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Nissan and Mitsubishi light 3 models stopped selling Airbags may not perform well

2021-12-24 17:54:00
Nissan Motors and Mitsubishi Motors announced that they have temporarily suspended production and sales of three mini vehicles produced in Okayama Prefecture. This is because the installed airbag may not perform well under certain conditions.

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Electricity and gas charges for February next year will increase for all major companies for 6 consecutive months

2021-12-24 17:44:00
Electricity and gas prices for February next year will increase for all major power and gas companies. The company-wide price increase for the sixth consecutive month is due to the increase in import prices of LNG = liquefied natural gas, which is used as fuel for thermal power generation.

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Budget decision for next year General account total over 107 trillion yen Strict financial management continues

2021-12-24 17:37:00
At a cabinet meeting on the 24th, the government decided on a budget plan for the next fiscal year and the 4th fiscal year of Reiwa, where the total amount of the general account will reach a record high of 107,596.4 billion yen. Although tax revenues are expected to exceed this year, strict financial management that relies on government bonds for more than 30% of total revenue continues.

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Established a graduate school to develop advanced human resources to support the Taiwan semiconductor industry

2021-12-24 17:12:00
The Taiwanese authorities are proceeding with the establishment of a graduate school called "Semiconductor Academy" that trains a large number of highly-skilled human resources in order to maintain an advantage in the semiconductor industry. The ceremony was held.

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Stock price drop slightly

2021-12-24 16:07:00
The stock price of the Tokyo stock market on the 24th fell slightly.

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Budget decision for next year General account total over 107 trillion yen Strict financial management continues

2021-12-24 15:59:00
At a cabinet meeting on the 24th, the government decided on a budget plan for the next fiscal year and the 4th fiscal year of Reiwa, where the total amount of the general account will reach a record high of 107,596.4 billion yen. Although tax revenues are expected to exceed this year, strict financial management that relies on government bonds for more than 30% of total revenue continues.

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Automobile production volume in November 6 companies in Japan There is a tendency for the decline to pick up due to a shortage of parts.

2021-12-24 15:33:00
Last month's production by major domestic automakers fell below the same month last year for many, due to the prolonged shortage of parts. However, the rate of decrease is smaller than before, and there is a tendency for it to pick up.

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Number of contracts for new mobile phone discount plan “about 20% of the total” Minister of Internal Affairs and Communications Kaneko

2021-12-24 15:09:00
Minister of Internal Affairs and Communications Kaneko revealed that the number of contracts for cheap plans newly introduced by mobile phone companies reached 29.3 million as of the end of last month, which is about 20% of the total contracts. He expressed his intention to work on improving the competitive environment.

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Uighur Autonomous Region Product Import Principle Prohibition Law Enacted in US Impact of Japanese Companies

2021-12-24 13:50:00
President Biden of the United States signed a bill banning the import of products believed to have been produced by forced labor in China's Xinjiang Uygur Autonomous Region, and the law was passed. The Biden administration is increasing pressure on China because of human rights issues, which is expected to affect Japanese companies.

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Mitsubishi Electric's inspection fraud "too negligent" Hagiuda Minister of Economy, Trade and Industry

2021-12-24 13:13:00
Minister of Economy, Trade and Industry Hagiuda criticized Mitsubishi Electric, which has been fraudulently inspected at multiple factories, saying, "It is too negligent not to carry out the inspections that should be done."

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Appeal for damages from Mitsui & Co. for infringement of Nippon Steel patent

2021-12-24 13:01:00
Nippon Steel, a major steel company, has filed a lawsuit against Mitsui & Co., a major trading company, for damages, alleging that it has infringed its patents on steel products used in car motors.

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Service price level provided to companies Highest in 20 years and 1 month

2021-12-24 11:14:00
Last month, the price level of services provided to companies reached the highest level in about 20 years due to the full-scale economic activities of each country and the rise in transportation costs such as ships.

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Budget decision for next year General account total over 107 trillion yen Strict financial management continues

2021-12-24 10:59:00
At a cabinet meeting on the 24th, the government decided on a budget plan for the next fiscal year and the 4th fiscal year of Reiwa, where the total amount of the general account will reach a record high of 107,596.4 billion yen. Although tax revenues are expected to exceed this year, strict financial management that relies on government bonds for more than 30% of total revenue continues.

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Government Cabinet decision on next year's tax reform outline

2021-12-24 10:55:00
On the 24th, the Liberal Democratic Party and the Komeito Party decided on the Cabinet on the tax reform outline for the next fiscal year, which was compiled on the 10th of this month.

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Consumer price index rises for 3 consecutive months Due to rising gasoline prices, etc.

2021-12-24 10:12:00
Looking at the price movements of goods and services consumed at home Last month, the consumer price index, excluding fresh food, which fluctuates greatly due to the weather, exceeded the same month last year by 0.5%, rising for the third consecutive month. Above all, “energy” such as gasoline and kerosene rose sharply for the first time in 13 years and 3 months, pushing up the index.

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Service price level provided to companies Highest in 20 years and 1 month

2021-12-24 09:13:00
Last month, the price level of services offered to businesses reached 105.7, an index of 100 on average in 2015, the highest in 20 years and a month since October 2001. It has increased by 1.1% from the same month last year due to the rise in the transportation price of international vessels, and has increased for 9 consecutive months.

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Consumer price index rises for 3 consecutive months Due to rising gasoline prices, etc.

2021-12-24 08:45:00
Looking at the price movements of goods and services consumed at home, the consumer price index in November, excluding fresh food, which fluctuates greatly due to the weather, exceeded the same month last year by 0.5%, rising for the third consecutive month. Gasoline and kerosene prices have risen sharply due to high crude oil prices, and rising electricity prices have also pushed up the index.

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Next year's budget plan decided by the Cabinet today Total amount of about 107.6 trillion yen, the largest ever

2021-12-24 06:38:00
At a cabinet meeting on the 24th, the government will decide on a budget plan for the next fiscal year and the 4th fiscal year of Reiwa, where the total amount of the general account will be about 107.6 trillion yen, which is the largest ever. Although tax revenues are expected to exceed this year, strict financial management that relies on government bonds for more than 30% of total revenue continues.

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Uighur import principle banned US law passed, affecting Japanese companies

2021-12-24 06:22:00
President Biden of the United States signed a bill banning the import of products believed to have been produced by forced labor in China's Xinjiang Uygur Autonomous Region, and the law was passed. The Biden administration is increasing pressure on China because of human rights issues, which is expected to affect Japanese companies.

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Mitsui & Co., Ltd. Responding to human rights issues toward "visualization" of information on raw material suppliers

2021-12-24 05:39:00
Mitsui & Co., a major trading company, is making a new "visualization" to companies and consumers that forced labor is not being carried out at raw material suppliers, while a strict eye is being focused on companies' response to human rights issues. We have decided to embark on a service.

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Mitsubishi UFJ Promotes decarbonization to formulate greenhouse gas reduction targets for each industry

2021-12-24 05:23:00
Mitsubishi UFJ Financial Group has announced a policy to set greenhouse gas reduction targets for each industry by 2030. By showing the goal, the aim is to encourage banks and other lenders to take measures toward decarbonization.

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Mitsubishi Electric is asked to radically reform its organizational climate

2021-12-24 05:15:00
Mitsubishi Electric announced on the 23rd that it has found fraudulent inspections at multiple factories, including a new factory in Kamakura City, Kanagawa Prefecture. Investigations by lawyers are scheduled to continue until next spring, and the question is whether it is possible to identify all fraud and radically reform the organizational culture.

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Flying experiment of "flying car" Applying drone technology Okayama Kasaoka

2021-12-24 04:41:00
A flight experiment of a "flying car", which is expected to be put into practical use in the future as a new means of transportation, was conducted in Kasaoka City, Okayama Prefecture.

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Kyoto   Mt.Fuji


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