Economic news(2023/03/03)
Bubble Boom? Reasons why Japanese companies' PBR attracts attention [Economic column]
2023-03-03 22:04:00
Do you know the word "PBR" that has been a hot topic in the market recently? In Japanese, it is called "price book value ratio". An index used to determine whether a stock is undervalued or overvalued, and indicates how many times the stock price is the net assets per share (total assets minus liabilities, which is the same as the company's "liquidation value"). I'm here. If the PBR is less than 1x, it means that the company is below its liquidation value, which means it is undervalued or not valued in the market. In Japan, more than half of the major companies have fallen into "PBR less than 1 times", and the percentage is outstanding compared to Europe and the United States. However, investors are now focusing on "low PBR" stocks that have been neglected for many years, and there are even voices that it may be a bubble. I asked what was going on. (Economics Department reporter Kei Nakazawa)
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Keidanren chairman Tokura wears a mask “You should respect individual independence”
2023-03-03 19:51:00
Keidanren Chairman Tokura said that from the 13th of this month, the decision to wear a mask will be left to the individual's discretion. showed the outlook.
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Kentucky Fried Chicken Price increase for over-the-counter and home delivery products from the 8th
2023-03-03 18:44:00
Kentucky Fried Chicken, a major fast food chain, has decided to raise the price of about 90% of the products sold at stores from the 8th of this month due to soaring raw material prices.
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Adjacent to Keikyu Kawasaki Station, a new arena to be built for the home of a professional basketball team
2023-03-03 18:43:00
IT giant DeNA and Keihin Electric Railway will build a new 10,000-capacity arena on land adjacent to Keikyu Kawasaki Station in Kawasaki City, which will serve as a new home for a local professional basketball team. announced plans to
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Rise in the yen exchange rate Easing caution about accelerating US interest rate hike Movement to buy back the yen
2023-03-03 18:24:00
On the Tokyo foreign exchange market on the 3rd, the yen exchange rate rose as there was a move to buy back the yen that had been sold recently as the sense of caution about the acceleration of the interest rate hike in the United States has eased.
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Three former managers of Rakuten Mobile were arrested.
2023-03-03 18:20:00
The Metropolitan Police Department charged three people, including a former manager of the company and a former executive of a subcontractor, with suspicion of fraud, alleging that they inflated the outsourcing costs related to the maintenance of Rakuten Mobile's mobile phone base stations and defrauded the company of approximately 2.5 billion yen. Arrested.
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Three former managers of Rakuten Mobile were arrested.
2023-03-03 18:03:00
The Metropolitan Police Department charged three people, including a former manager of the company and a former executive of a subcontractor, with suspicion of fraud, alleging that they inflated the outsourcing costs related to the maintenance of Rakuten Mobile's mobile phone base stations and defrauded the company of approximately 2.5 billion yen. Arrested.
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Executive Managing Director Atsushi Osaki Promoted to New President of SUBARU President Tomomi Nakamura Becomes Chairman
2023-03-03 17:30:00
Automaker SUBARU has announced the promotion of Atsushi Osaki, Managing Director, to the new president in June this year.
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Suspension of imports of counterfeit branded goods Increased personal use Is it a background to the expansion of cross-border EC use?
2023-03-03 16:59:00
Last year, the number of imports suspended by customs nationwide as counterfeit brand goods decreased by 4.7% from the previous year. However, since October last year, imports for personal use have also been subject to new crackdowns, and the number of suspensions has been on the rise.
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The Nikkei Stock Average rises by more than 400 yen and updates the highest price of this year
2023-03-03 16:00:00
The Tokyo stock market on the 3rd, the Nikkei Stock Average rose by more than 400 yen and renewed the highest price of this year due to the ease of caution against the economic slowdown due to the acceleration of the interest rate hike in the United States.
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Seven-Eleven robot delivers products to customers in the building Demonstration experiment
2023-03-03 13:56:00
In order to expand the use of convenience stores, the industry's largest company has started a demonstration experiment of a service that uses the latest delivery robots to deliver products to customers in office buildings.
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Electric Power Major Unauthorized Browsing Problem ``Possibility of Challenges in Reform'' Minister of Economy, Trade and Industry Nishimura
2023-03-03 12:15:00
Regarding the problem that employees of a major electric power company illegally browsed the customer information of competitors through subsidiaries, Minister of Economy, Trade and Industry Nishimura said that there may be problems in the electric power system reform that the government has been promoting. He indicated that he would investigate the background and take measures to prevent recurrence.
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Stock price temporarily rises by more than 400 yen, the highest price of this year is updated during trading hours
2023-03-03 12:02:00
Due to the Tokyo stock market on the 3rd and the sense of caution about the acceleration of the interest rate hike in the United States, the Nikkei Stock Average temporarily rose by more than 400 yen, and it was the highest price of this year during the trading hours.
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Long-term interest rate temporarily rises to 0.505% Fluctuation upper limit exceeds 0.5%
2023-03-03 11:18:00
In the bond market on the 3rd, Japanese government bonds were sold, and the long-term interest rate temporarily rose to 0.505%, exceeding the 0.5% upper limit of fluctuation range set by the Bank of Japan. There is a deep-rooted view that the Bank of Japan will move to revise its monetary easing measures in the future, and upward pressure on interest rates is increasing.
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Tokyo 23 wards Consumer price index rises 3.3% in February, rate of increase slows down
2023-03-03 11:13:00
The consumer price index in Tokyo's 23 wards last month rose 3.3% from the same month last year as a preliminary figure, excluding fresh food, which fluctuates greatly depending on the weather. This is one point lower than the 4.3% rise in January, and the main reason is that the government's measures to ease the burden have held back the rise in electricity prices.
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Tokyo 23 wards Consumer price index rises 3.3% in February, rate of increase slows down
2023-03-03 08:44:00
The consumer price index for February in Tokyo's 23 wards is a preliminary figure, and the index excluding fresh food, which fluctuates greatly depending on the weather, rose 3.3% from the same month last year. This is one point lower than the 4.3% increase rate in January, and the main reason is that the increase in electricity charges was suppressed by the government's burden reduction measures. The rate of increase in the consumer price index in Tokyo's 23 wards slowed down for the first time in a year and a month since January last year.
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Active job openings-to-applicants ratio of 1.35 times in January Turning to decline for the first time in 2 years and 5 months
2023-03-03 08:39:00
The active job openings-to-applicants ratio in January was 1.35 times, down 0.01 points from the previous month and decreasing for the first time in 2 years and 5 months. The Ministry of Health, Labor and Welfare analyzes that although the level of job offers has not changed significantly, this is because more people are looking for jobs in search of better treatment.
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NY foreign exchange market Yen depreciation progresses and temporarily drops to 1 dollar = 137 yen level
2023-03-03 00:18:00
In the New York foreign exchange market on the 2nd, the yen depreciated, and the yen exchange rate temporarily fell to the 137 yen level to the dollar for the first time in about two and a half months. With the number of new applications for unemployment insurance in the United States announced on the 2nd falling below market expectations, the employment situation is firm, and the view that the interest rate hike by the Federal Reserve Board will be prolonged. Awareness of the widening interest rate differential between Japan and the United States led to moves to sell the yen and buy the dollar.
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