This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2023/09/01)


Kyoto   Hakone

U.S. August employment statistics Increase in employed people exceeds market expectations

2023-09-01 22:56:00
The US employment statistics for August have been released, and the number of people employed in fields other than agriculture increased by 187,000 from the previous month, exceeding market expectations. On the other hand, the unemployment rate is rising, and the impact on the policy decisions of the central bank, the Federal Reserve Board, is attracting attention.

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Overtourism “needs to consider solutions” Liberal Democratic Party former Environment Minister Koizumi

2023-09-01 22:47:00
As the number of tourists from overseas increases, former Minister of the Environment Koizumi of the Liberal Democratic Party gave a speech in Sapporo, calling for solutions with a sense of speed in order to deal with "overtourism," which has various negative effects caused by an excessive increase in the number of tourists. expressed the idea that it is necessary to consider

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Estimated output gap for April to June is positive for the first time in 3 years and 9 months

2023-09-01 22:03:00
The Cabinet Office announced that the estimated value of the ``demand-supply gap,'' which indicates the difference between demand and supply capacity in the Japanese economy, for the period from April to June this year was positive for the first time in three years and nine months.

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U.S. August employment statistics Increase in employed people exceeds market expectations

2023-09-01 21:47:00
The US employment statistics for August have been released, and the number of people employed in fields other than agriculture increased by 187,000 from the previous month, exceeding market expectations. Meanwhile, the unemployment rate increased by 0.3 points from the previous month to 3.8%. The Federal Reserve will hold a two-day meeting to decide on monetary policy starting September 19th, and the market will be focusing on the Consumer Price Index, which will be announced in mid-September.

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Sogo/Seibu management team changes; decision to remove President Taguchi's representative authority

2023-09-01 21:11:00
Sogo & Seibu, whose sale to an American investment fund was completed on the 1st, has changed its management team and removed the representative authority of President Hiroto Taguchi, who took office in August at the request of Seven & i Holdings. I understand that you have decided.

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Active share buybacks What companies are looking for [Economic column]

2023-09-01 20:22:00
Companies have released their first quarter financial results, and there is an active movement to come up with shareholder return measures such as "share buybacks" in conjunction with the announcement of financial results. The reason behind this is that the TSE is asking companies with low market evaluations to make improvements. On the other hand, there is some skepticism regarding the effectiveness of share buybacks. A Japanese company that has started to move in earnest with the aim of gaining recognition in the market. What is needed now? (Economy Department reporter Hiroaki Tsuboi)

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Groundbreaking Ceremony for New Rapidus Factory for Domestic Production of Advanced Semiconductors

2023-09-01 19:58:00
With the support of the government, Rapidus, which aims to domestically produce cutting-edge semiconductors, held a groundbreaking ceremony for a new factory to be built in Chitose City, Hokkaido, and started full-scale mass production four years later. did.

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Public funds to be injected into Yamagata's Kirayaka Bank and parent company Regional Bank G Financial Services Agency

2023-09-01 19:10:00
The Financial Services Agency has decided to inject public funds into Kirayaka Bank, whose head office is in Yamagata City, and its parent company, Jimoto Holdings, a regional bank group. This is the first time in nine years that public funds have been injected into local banks.

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Yen market price rises somewhat

2023-09-01 18:36:00
On September 1st, the yen rate rose somewhat in the Tokyo foreign exchange market.

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Minister of Internal Affairs and Communications: Rights to postal savings expire 20 years after maturity “Request for review and consideration”

2023-09-01 18:32:00
In a press conference after the cabinet meeting on the 1st, Minister of Internal Affairs and Communications Matsumoto said that if the refund procedure is not taken for about 20 years after the maturity of the regular postal savings deposited before the privatization of the postal service, the right will be extinguished. It has been announced that the company has requested that the company consider a review of its response.

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Minimum Wage New Target “Discussion among stakeholders to achieve” Nissho Chairman

2023-09-01 17:20:00
Regarding the minimum wage, which has exceeded 1000 yen per hour on average nationwide this year, Prime Minister Kishida has announced that he will set a new goal of raising it to 1500 yen by the mid-2030s, President Kobayashi of the Japan Chamber of Commerce and Industry. expressed the idea that related parties should deepen discussions to realize the goals.

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Mortgage loan “Flat 35” interest rate hike from today

2023-09-01 17:02:00
Regarding the long-term fixed housing loan "Flat 35," the Japan Housing Finance Agency has announced that it will raise the lowest interest rate for loans of up to 35 years from the 1st, in light of the recent rise in long-term interest rates.

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Sogo/Seibu went on strike, but the sale was completed as planned

2023-09-01 16:57:00
Seven & i Holdings has announced that it has completed the sale of major department stores Sogo and Seibu under its umbrella to an investment fund in the United States. At the time of sale, Seven & i is expected to record an extraordinary loss of approximately 140 billion yen due to the abandonment of part of the loan to Sogo and Seibu.

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Stock prices rise Topics also rise Highest price in 33 years

2023-09-01 16:33:00
The Tokyo stock market and Nikkei average stock price rose on the 1st. The Tokyo Stock Price Index = Topics also rose, and the closing price was the highest in 33 years since July 1990 during the bubble period.

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Sogo/Seibu went on strike, but the sale was completed as planned

2023-09-01 15:57:00
Seven & i Holdings announced that it has completed the sale of major department stores Sogo and Seibu to the American investment fund Fortress Investment Group. As part of the sale, Seven & i is expected to record an extraordinary loss of approximately 145.7 billion yen due to the forfeiture of a portion of the loan to Sogo and Seibu. The Sogo/Seibu labor union, which reacted against the sale due to concerns about employment and other issues, held a strike on the 31st for the first time in 60 years at a major department store, but the sale was completed without negotiations continuing. .

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Stock prices rise Topics also rise Highest price in 33 years

2023-09-01 15:52:00
The Tokyo stock market and Nikkei average stock price rose on the 1st. The TSE Stock Price Index (Topics) also rose, reaching its highest closing price in 33 years since July 1990 during the bubble period.

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Minister of Land, Infrastructure, Transport and Tourism Saito Shows expectations for discussions at the council on how local railways should be

2023-09-01 15:13:00
Ahead of next month's enforcement of a law that allows the national government to establish councils to discuss the state of local railways, Minister of Land, Infrastructure, Transport and Tourism Saito has announced that many local railways will hold discussions to maintain local public transportation. He expressed hope that the discussion at the meeting would progress.

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On-site inspections of non-life insurance companies “We will consider whether it is necessary and take action” Minister of Finance

2023-09-01 13:55:00
In response to non-life insurance companies reporting the details of their transactions with Big Motor to the Financial Services Agency by August 31st, Minister in charge of Financial Affairs Suzuki promptly considered whether on-site inspections were necessary before signing insurance contracts. He expressed his belief that if a problem with the lack of protection of people is found, strict measures will be taken.

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Finance Minister ``Strictly Assess'' in Next Year's Budget Request

2023-09-01 13:50:00
Finance Minister Suzuki said that the Ministry of Finance will continue to rigorously assess the number of "item requests" that can be made without specifying amounts in the budget request for next year's budget, which was due on August 31st. I emphasized the idea that

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Stock price rises by more than 200 yen Topics also rise Highest price in 33 years

2023-09-01 12:51:00
On the 1st, the Tokyo stock market and the Nikkei stock average rose by more than 200 yen. The Tokyo Stock Price Index (Topics) also rose, reaching its highest price in 33 years since July 1990 during the bubble period.

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Seibu Ikebukuro main store reopens after strike, calls for employment to be maintained

2023-09-01 12:10:00
The Seibu Ikebukuro main store, where the strike took place on August 31st, resumed operations on September 1st, and customers have been calling for the employees to maintain their jobs.

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Domestic companies' capital investment April to June: 4.5% increase compared to the same period last year, 9th consecutive quarterly increase

2023-09-01 12:00:00
According to the Corporate Business Statistics Survey released by the Ministry of Finance, capital investment by domestic companies from April to June this year was higher than the same period last year due to increased production of metal products and construction of retail stores. This was an increase of 4.5%, marking the ninth consecutive quarter of increase.

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Public funds to be injected into Yamagata's Kirayaka Bank and parent company Regional Bank G Financial Services Agency

2023-09-01 11:13:00
The Financial Services Agency has decided to inject public funds into Kirayaka Bank, whose head office is in Yamagata City, and its parent company, Jimoto Holdings, a regional bank group. This is the first time in nine years that public funds have been injected into local banks.

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Domestic companies' capital investment April to June: 4.5% increase compared to the same period last year, 9th consecutive quarterly increase

2023-09-01 11:08:00
According to the Corporate Business Statistics Survey released by the Ministry of Finance, capital investment by domestic companies from April to June this year was higher than the same period last year due to increased production of metal products and construction of retail stores. This was an increase of 4.5%, marking the ninth consecutive quarter of increase.

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Capital investment by domestic companies increased by 4.5% from April to June compared to the same period last year

2023-09-01 09:00:00
According to the Ministry of Finance's Corporate Business Statistics Survey, domestic corporate capital investment from April to June this year increased by 4.5% compared to the same period last year. Of this, the manufacturing industry increased by 4.9%, and the non-manufacturing industry increased by 4.4%. Additionally, the total ordinary profits of domestic companies from April to June this year increased by 11.6% compared to the same period last year.

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More than 2,000 food items have their prices increased this month, lower than the same month last year for the second consecutive month

2023-09-01 06:13:00
More than 2,000 food items will have their prices increased this month, which is lower than the same month last year for the second consecutive month. Although the number of items is expected to continue decreasing through the end of the year, it has been pointed out that price increases may be carried over into next year due to factors such as rising logistics costs.

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Sogo/Seibu sale completed on the 1st; maintaining employment and rebuilding business performance are issues

2023-09-01 05:38:00
The sale of major department stores Sogo and Seibu, where a strike was held on the 31st, will be completed on the 1st. The challenge for the future is how to rebuild business performance while maintaining employment at the American investment fund to which the company will be sold.

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UBS buys Credit Suisse to cut 3,000 jobs in next few years

2023-09-01 05:27:00
The major Swiss financial group "UBS", which acquired the bankrupt Credit Suisse, has announced that it will cut 3,000 employees in the next few years, aiming to reduce costs of more than 1.4 trillion yen. .

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Invoice system starts in 1 month, measures to reduce burden on small businesses

2023-09-01 05:03:00
There is only one month left until the start of the "invoice system" aimed at accurately understanding the amount of consumption tax paid. Currently, even small businesses that are exempt from taxation will be required to pay taxes if they use invoices, but there are measures to reduce the burden in that case, and the relevant ministries and agencies are promoting the system.

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Kyoto   Mt.Fuji


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