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Economic news(2022/03/18)


Kyoto   Hakone

Call for cooperation to save electricity from TEPCO The supply and demand of electricity is severe due to the earthquake

2022-03-18 22:04:00
TEPCO hurriedly called for cooperation in saving electricity, saying that the restoration of the power plant, which had stopped operation due to the earthquake on the 16th, has not progressed and the supply and demand of electricity has become extremely tight.

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[Economic column] The "weakness of the yen" that has become prominent

2022-03-18 21:07:00
The depreciation of the yen is accelerating due to the dollar-yen exchange rate in the foreign exchange market. On the 16th, the US Federal Reserve Board decided to raise interest rates. The yen's exchange rate temporarily dropped to the 119 yen level per dollar. (As of 7:00 pm on March 18) There are complicated factors in the background, but I can see the reason why I am worried. (Hidetoshi Inomata, Reporter, Ministry of Economic Affairs)

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Yen exchange rate temporarily dropped to 119 yen per dollar Received remarks by Governor Kuroda of the Bank of Japan

2022-03-18 19:04:00
In the Tokyo foreign exchange market on the 18th, the yen was sold after the Bank of Japan's governor Kuroda stated at a press conference that "the basic structure in which the depreciation of the yen has a positive effect on the Japanese economy remains unchanged." During the press conference, the price dropped to just 119 yen per dollar.

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Bull-Dock Sauce Price increase for some products from June for the first time in about 7 years

2022-03-18 18:54:00
Food maker "Bull-Dock Sauce" has decided to raise the price of some household and commercial sauces from June in response to soaring raw material prices and rising transportation costs.

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Toyota 11 factory shut down Subaru suffered damage from parts maker due to earthquake

2022-03-18 18:51:00
Toyota Motor Corp. announced that it will suspend operations at 11 factories for up to 3 days next week because parts manufacturers of its business partners have been damaged by the earthquake on the 16th and parts procurement has been delayed. 80% of domestic factories that manufacture Toyota cars will be affected.

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Hino Motors' data fraud certified policy of withdrawal of certification Ministry of Land, Infrastructure, Transport and Tourism

2022-03-18 18:21:00
Hino Motors, a truck maker, had submitted fraudulent data on engine emissions to the government, and the Ministry of Land, Infrastructure, Transport and Tourism has decided to certify fraud and revoke the certification required for production. Vehicles manufactured by Toyota Motors and Isuzu Motors, which are equipped with Hino Motors engines, are also subject to certification revocation.

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Bank of Japan Governor Kuroda "Price increase rate may be about 2%" Monetary easing will continue

2022-03-18 17:58:00
Bank of Japan Governor Kuroda said in a press conference after the meeting that decided to maintain the current large-scale monetary easing, that the inflation rate could reach the target of about 2% after April. I showed my point of view. However, he emphasized the policy of continuing monetary easing, saying that rising prices due to soaring energy prices could slow the economy and "it is not appropriate to tighten monetary policy."

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Toyota 11 factory shut down Subaru suffered damage from parts maker due to earthquake

2022-03-18 17:16:00
Toyota Motor Corp. announced that it will suspend operations at 11 factories for up to 3 days next week because parts manufacturers of its business partners have been damaged by the earthquake on the 16th and parts procurement has been delayed. 80% of domestic factories that manufacture Toyota cars will be affected.

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Bank of Japan Governor Kuroda "Possible inflation rate of 2%" Monetary easing policy to continue

2022-03-18 17:05:00
The Bank of Japan's Governor Kuroda said at a press conference about the outlook for prices: "From April, depending on the trends in crude oil prices and the government's response, there is a possibility that prices will rise by about 2%, mainly due to the rise in petroleum products." He acknowledged that the BOJ could reach its target inflation rate of 2%. However, he said, "Most of the rise in prices is due to the rise in energy prices, and in the long run, negative corporate profits and an increase in the burden on households will lead to a rather recession in the economy." On top of that, Governor Kuroda reiterated his policy of continuing the current large-scale monetary easing, saying, "Of course, monetary policy should not be tightened and it is not appropriate."

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Mitsubishi Pajero Factory to be sold to Daio Paper Corporation To be a tissue production base

2022-03-18 17:01:00
The manufacturing plant of Mitsubishi Motors' four-wheel drive vehicle "Pajero", which was once popular, will be sold to Daio Paper, a major paper manufacturer. It means that we are considering renovating it as a production base for tissue paper and the like.

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Integrated fare operation JR Shikoku and Tokushima Bus plan approval Starts in April

2022-03-18 16:14:00
In order to maintain the local public transportation network, a plan to integrally manage fares in some sections of Tokushima Prefecture, which JR Shikoku and the largest bus company in Tokushima Prefecture had applied to the country, was approved, and on the 1st of next month. The integrated operation of fares will start from.

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Stock price rises Russia's default concerns eased but limited

2022-03-18 16:01:00
The stock price of the Tokyo Stock Exchange on the 18th has risen. Russia's default = buy orders were placed because concerns about default were eased, but many investors wanted to see the impact of the situation in Ukraine before the three consecutive holidays, and the rate of increase was limited.

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"Unagi pie" price increase from April Wheat is high due to the influence of the situation in Ukraine

2022-03-18 16:00:00
Shizuoka's representative souvenir "eel pie" will be raised by about 10% from April. The reason is that the high price of wheat is expected to continue due to the influence of Russia's invasion of Ukraine.

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February Shipment value of digital home appliances decreased by 9.8% from the same month of the previous year.

2022-03-18 15:54:00
Domestic shipments of digital home appliances such as TVs and recorders fell by nearly 10% in February, a reaction to last year's sharp increase in demand for nesting.

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Toyota Motor Co., Ltd. Earthquake impact 11 factories in Japan will be suspended for up to 3 days

2022-03-18 15:26:00
Toyota Motor's subsidiary Daihatsu Motors and Hino Motors will have an impact on parts procurement next week because the parts manufacturers of their business partners will be damaged by the earthquake that observed shaking with a seismic intensity of 6 or higher in Miyagi and Fukushima prefectures on the 16th. It has been revealed that 11 factories in Japan will be shut down for up to 3 days, including the factory in Fukushima.

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February consumer price index "energy" such as gasoline rises by more than 20%

2022-03-18 14:58:00
Looking at the price movements of goods and services consumed at home, the consumer price index in February, excluding fresh food, which fluctuates greatly due to the weather, exceeded the same month last year by 0.6%, rising for 6 consecutive months. did. Due to soaring crude oil prices, "energy" such as electricity bills and gasoline has risen sharply by more than 20%.

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Hino Motors' data fraud certified policy of withdrawal of certification Ministry of Land, Infrastructure, Transport and Tourism

2022-03-18 14:57:00
Hino Motors, a truck maker, had submitted fraudulent data on engine emissions to the government, and the Ministry of Land, Infrastructure, Transport and Tourism has decided to certify fraud and revoke the certification required for production. Vehicles manufactured by Toyota Motors and Isuzu Motors, which are equipped with Hino Motors engines, are also subject to certification revocation.

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Launch of new model with reduced iPhone price Will it be a momentum to use 5G?

2022-03-18 14:32:00
With smartphones compatible with the latest communication standard, 5G, being introduced one after another, Apple, which has a market share of nearly half in Japan, has begun selling terminals with reduced prices. The focus is on gaining momentum in the use of 5G.

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February consumer price index "energy" such as gasoline rises by more than 20%

2022-03-18 14:19:00
Looking at the price movements of goods and services consumed at home, the consumer price index in February, excluding fresh food, which fluctuates greatly due to the weather, exceeded the same month last year by 0.6%, rising for 6 consecutive months. did. Due to soaring crude oil prices, "energy" such as electricity bills and gasoline has risen sharply by more than 20%.

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Bank of Japan maintains current large-scale monetary easing measures Reduced economic judgment

2022-03-18 13:10:00
The Bank of Japan decided to maintain the current large-scale monetary easing policy at the monetary policy meeting held until the 18th. While the domestic economic judgment has been lowered, the situation in Ukraine has been added to the risk factors, and the outlook for prices is "expected to clearly expand the positive range" against the backdrop of a sharp rise in energy prices.

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Morinaga & Co. Unauthorized access to in-house server Failure of manufacturing and sales system

2022-03-18 12:27:00
Morinaga & Co., a major confectionery maker, has revealed that several servers in the company have been illegally accessed and that some of the systems related to manufacturing and sales have failed.

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February consumer price index "energy" such as gasoline rises by more than 20%

2022-03-18 10:32:00
Looking at the price movements of goods and services consumed at home, the consumer price index in February, excluding fresh food, which fluctuates greatly due to the weather, exceeded the same month last year by 0.6%, rising for 6 consecutive months. did. Due to soaring crude oil prices, "energy" such as electricity bills and gasoline has risen sharply by more than 20%.

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Consumer price index rises for 6 consecutive months Gasoline and kerosene prices rise

2022-03-18 09:03:00
Looking at the price movements of goods and services consumed at home Last month and February, the consumer price index, excluding fresh food, which fluctuates greatly due to the weather, increased by 0.6% from the same month last year, rising for 6 consecutive months. The main reason is that the price of crude oil has soared and the prices of gasoline and kerosene have risen significantly.

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Bridgestone US Group Company Temporarily suspends factory operation due to cyber attack

2022-03-18 06:34:00
It turned out that a major tire maker, Bridgestone's American group company, was hit by a cyber attack and several local factories had been shut down for about a week from the end of last month. Since last month, there have been a series of attacks targeting the supply chain of the automobile industry.

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Russia “Dollar-denominated government bond interest payments implemented in dollars” default avoidance?

2022-03-18 05:52:00
The Russian government has announced that it has paid interest on dollar-denominated government bonds, which had expired on the 16th, in dollars. There was a growing view that default = default due to the fact that a large amount of foreign currency reserves were frozen due to sanctions, but Western media reported that investors received interest payments in dollars.

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Earthquake Factory shutdown at many manufacturers Some may have prolonged impact

2022-03-18 05:35:00
The earthquake on the 16th forced many manufacturers to shut down their factories, but some factories have no prospect of recovery and the impact may be prolonged.

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Kyoto   Mt.Fuji


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