Fuji bread and Shikishima bread to raise prices such as bread from July
Major bread makers "Fuji Baking" and "Shikishima Bread" have decided to raise the price of some products such as bread from July due to the soaring prices of imported wheat. This is the second time that the price of bread has been raised.
Mitsui & Co., Ltd. Russia's LNG Development 2 Project Asset value reduced by 80.6 billion yen
Mitsui & Co., a major trading company, has revealed that it has reduced the asset value of two LNG = liquefied natural gas development projects in Russia by more than 80 billion yen in response to the tightening situation in Ukraine. ..
Yen exchange rate continues to rise somewhat, but transactions in the low 130 yen range continue
Although the price of the Tokyo foreign exchange market rose somewhat on the 2nd of the week, transactions continued to be centered around the low 130 yen range.
Five major department stores April sales significantly increased compared to last year With the lifting of restrictions
Last month's sales of five major department stores recovered significantly due to the lifting of priority measures such as prevention of spread, and all of them significantly exceeded the same month last year.
Stock price declines slightly In a mixed development of buying and selling
The Tokyo stock market on the 2nd of the week was a mix of buying and selling, and the stock price closed with a slight drop.
The keynote judgment remains unchanged even though the index of consumer shopping motivation rises. Cabinet Office
Last month's "Consumer Attitude Index," which shows consumers' willingness to shop, rose 0.2 points from the previous month, rising for the first time in half a year, due to the cancellation of priority measures such as prevention of spread. However, with Russia's invasion of Ukraine and the rapid depreciation of the yen, more than 93% of households expect prices to rise in the future, and the Cabinet Office has said that there are "weak movements" in consumer sentiment. The judgment has been deferred.
Withdrawal from gas mining business in Myanmar
A resource development company funded by the Japanese government and a subsidiary of ENEOS Holdings has announced that it will withdraw from the gas field mining business in Myanmar. Based on the situation after the coup d'etat by the Myanmar military, it was judged that it would be difficult to continue the business.
Stock price declines Significant decline in NY market Selling orders dominate
The stock price of the Tokyo stock market on the 2nd of the week is falling. Sell orders have become dominant following the sharp drop in the New York market last weekend.
Moving to switch to “deplastic” plant-derived products
Since the law requiring companies to reduce the number of disposable plastic products came into effect last month, the movement to switch to products using plant-derived raw materials is further progressing, and manufacturers are urgently responding.
US Fed to record inflation restraint This week discusses monetary tightening measures
The Federal Reserve Board, the central bank of the United States, will meet this week to decide on monetary policy to discuss two monetary tightening measures: a double rate hike and a reduction in financial assets held. The impact on the yen's exchange rate, which is rapidly depreciating, is also attracting attention in order to hurry to curb record inflation.