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Economic news(2022/05/12)


Kyoto   Hakone

Suzuki to end by participating in "MotoGP" Discussion with the organizer

2022-05-12 20:52:00
"Suzuki" has announced that it is in talks with the organizer to end its participation in the world's highest peak "MotoGP" in motorcycle racing. It explains that it will focus on technological development of automobiles, etc. in response to changes such as decarbonization and electrification.

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President of Nissho, "Economic Security Law" Operation Requests Consideration for Excessive Restrictions

2022-05-12 20:43:00
Regarding the Economic Security Promotion Law passed by the Diet on the 11th, Chairman Mimura of the Japan Chamber of Commerce and Industry requested consideration at a regular press conference on the 12th so that economic activities would not be excessively restricted in future operations.

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Announced capital and business alliance with SBI Holdings and Daiko Bank of Niigata

2022-05-12 20:36:00
SBI Holdings, a major online finance company, and "Daiko Bank" in Niigata Prefecture have announced that they will form a capital and business alliance. SBI, which advocates the "Regional Bank Alliance Concept," is the ninth bank to form a capital alliance, and will utilize the know-how possessed by Shinsei Bank, which is under its umbrella, to strengthen profitability.

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Nissan Motor last year's financial results for the first time in three years, final profit of 215.5 billion yen

2022-05-12 20:28:00
Nissan Motor's financial results for the last year turned into the black for the first time in three years, with a final profit of 215.5 billion yen due to factors such as the fact that sales were suppressed and profitability improved in the United States, where demand for cars is high. ..

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Cooking oil giant J-Oil Mills Last year's financial results First operating deficit due to high raw material prices

2022-05-12 20:24:00
J-Oil Mills, a major cooking oil company, fell into the first operating deficit in the group's financial results last year, saying that the prices of raw materials such as soybeans and rapeseed rose sharply and could not be compensated for by the price increase.

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SOFTBANK Group Last year's financial results record deficit of 1,070 billion yen

2022-05-12 19:25:00
The SOFTBANK Group's financial results for the last year turned into a deficit of over 1.7 trillion yen, turning from a surplus of 4.9 trillion yen in the previous year. The deficit is the largest ever due to the recording of a write-down of the stocks held amid the continued unstable price movements of stock prices due to rising prices and the situation in Ukraine.

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Construction of a development building at the Miyagi factory, the largest semiconductor manufacturing equipment manufacturer in Japan

2022-05-12 18:57:00
Tokyo Electron, Japan's largest semiconductor manufacturing equipment manufacturer, has announced that it will build a new development building at its factory in Taiwa Town, Miyagi Prefecture, saying that the semiconductor market is expected to expand further due to the progress of digitalization.

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Yen exchange rate rises by 2 yen or more against the euro Euro sales strengthen

2022-05-12 18:55:00
In the Tokyo foreign exchange market on the 12th, in light of the situation in Ukraine, Finland in Northern Europe announced its position to promptly seek access to NATO = North Atlantic Treaty Organization, and the euro was raised due to concerns about Russia's opposition. As the selling movement became stronger, the yen exchange rate rose by more than 2 yen against the euro.

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UK-March GDP + 0.8% Growth rate shrinks Inflation slows recovery pace

2022-05-12 18:47:00
In the UK, the growth rate of GDP = gross domestic product from January to March was + 0.8% compared to the previous three months, and the growth rate decreased compared to the previous period. Inflation, spurred by Russia's invasion of Ukraine, has weighed on economic activity and slowed the pace of recovery.

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NTT Group Last year's financial results Final profit exceeded 1 trillion yen for the first time Record high

2022-05-12 18:03:00
The NTT Group's financial results for the last year show that the final profit exceeded 1 trillion yen for the first time due to the rapid expansion of corporate DX = digital transformation efforts in Japan and overseas and the increasing demand for IT services. It was the best.

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Nissan begins a trial seeking compensation of about 1.4 billion yen from former CEO Kelly

2022-05-12 16:50:00
Nissan Motor Co., Ltd. sought compensation of about 1.4 billion yen from former CEO Kelly for damaging the company without correcting it, knowing that Ghosn's compensation was understated in the securities report. The trial has begun, and the former CEO has demanded that the proceedings be dismissed.

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Stock price falls below 26,000 yen US prices rise for a long time Concerns over recovery of the world economy

2022-05-12 16:37:00
In the Tokyo stock market on the 12th, the rise in prices in the United States has been prolonged, and there has been widespread concern that the recovery of the world economy will stall, so sell orders have increased, and the Nikkei Stock Average is about 2 as the closing price. It fell below 26,000 yen for the first time in a month.

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Economic sensation of workers “Improvement for 2 consecutive months” Cabinet Office survey

2022-05-12 16:18:00
According to the Cabinet Office's Economy Watchers Survey, which asks workers how the economy is feeling, the index showing the current state of the economy last month was 50.4, up 2.6 points from the previous month, improving for the second consecutive month.

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SOFTBANK Group Last year's financial results record deficit of 1,070 billion yen

2022-05-12 15:41:00
The SoftBank Group's financial results for the last year turned into a deficit of 1,070 billion yen, turning from a surplus of more than 4.9 trillion yen in the previous year. The final deficit will be the largest ever in two terms. The SoftBank Group is investing in overseas start-up companies through its affiliated funds, but it was affected by the recording of a write-down of the stocks it holds while high-tech stocks fell sharply due to the rise in interest rates in the United States.

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SUBARU Gunma to establish a new production line dedicated to electric vehicles

2022-05-12 15:25:00
SUBARU, an automobile manufacturer, has announced that it will build a new EV = electric vehicle factory in Gunma Prefecture, where its production base is located. Our policy is to set up a new dedicated line to accelerate EV support.

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SUBARU Gunma to establish a new production line dedicated to electric vehicles

2022-05-12 14:30:00
Subaru, an automobile manufacturer, has announced that it will establish a new production line for EVs = electric vehicles in Gunma Prefecture, where its production base is located. We are aiming for operation after 2027. Automakers are currently manufacturing EVs on existing lines that make hybrid vehicles, but this is the first time they have announced that they will establish a new dedicated line in Japan. SUBARU plans to launch an EV jointly developed with Toyota Motor Corporation in the middle of this year, but plans to accelerate its response to EVs by establishing a new dedicated line.

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Elon Musk's acquisition of Twitter shares Surveyed by the Stock Exchange Commission US newspaper

2022-05-12 13:25:00
The Wall Street Journal, a leading U.S. newspaper, said on the 11th that the Securities and Exchange Commission did not report a large number of shares on time for Elon Musk, who is pursuing the acquisition of U.S. social media giant Twitter. I told him that he had embarked on an investigation.

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Bank of Japan decision meeting "The depreciation of the yen should not be dealt with by monetary policy"

2022-05-12 12:22:00
At the Bank of Japan's monetary policy meeting held last month, policymakers commented that "policy changes aimed at controlling exchange rates are not appropriate" over the rapid depreciation of the yen. It turned out that there were a series of indications that it should not be dealt with.

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Falling stock prices Prolonging rising prices in the US Concerns spread

2022-05-12 12:16:00
In the Tokyo stock market on the 12th, the rise in prices in the United States has been prolonged, and there has been widespread concern that the recovery of the world economy may be stalled, so sell orders have increased and stock prices have fallen.

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Current account surplus of 12,644.2 billion yen Decreased for 4 consecutive years

2022-05-12 10:18:00
According to the balance of payments statistics released by the Ministry of Finance, Japan's current account balance for the last year was a surplus of 12,644.2 billion yen. The surplus decreased by 3,623.1 billion yen from the previous year, decreasing for the fourth consecutive year.

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Stock price temporarily dropped by more than 500 yen Dow Jones Industrial Average etc. received the lowest price update

2022-05-12 09:55:00
A wide range of stocks were sold on the Tokyo stock market on the 12th, and the Nikkei Stock Average temporarily dropped by more than 500 yen.

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U.S. officials New economic partnership "IPEF" Southeast Asian countries are expected to participate

2022-05-12 08:33:00
A senior White House official said that multiple Southeast Asian countries would participate in the new economic partnership "IPEF = Indo-Pacific Economic Framework," which the United States aims to launch with a view to countering China. ..

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NY Dow Jones Industrial Average closes below $ 32,000 for the first time in about a year and two months

2022-05-12 06:16:00
In the New York Stock Exchange on the 11th, the closing price of the Dow Jones Industrial Average fell for the fifth consecutive business day as the growth rate of the consumer price index in the United States announced today reached a record high. The price fell below $ 32,000 for the first time in about a year and two months.

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NTT President Sawada promoted to Chairman Vice President Shimada promoted to President Today

2022-05-12 05:33:00
NTT will announce on the 12th that President Jun Sawada will be the chairman with the right of representation, and Vice President Akira Shimada will be promoted to the succeeding president.

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Additional sanctions on Russia Substantial ban on new investment in companies from today

2022-05-12 05:10:00
The government began additional sanctions on Russia for a military invasion of Ukraine on the 12th, effectively banning new investment and lending to Russian companies.

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Kyoto   Mt.Fuji


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