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

Economic news(2023/12/20)


Kyoto   Hakone

New organization to be launched for "security clearance" reliability investigation

2023-12-20 23:22:00
In order to prevent the leakage of cutting-edge technology, a government panel of experts will be held to create a system called "security clearance" to confirm in advance the trustworthiness of people handling important information, and conduct a unified investigation into trustworthiness. The plan to launch a new institution was confirmed.

TOP

Tokio Marine & Nichido Fire & Fire appoints Hiroaki Shirota as new president; unusual 33 people are promoted

2023-12-20 22:23:00
Tokio Marine & Nichido Fire Insurance Co., Ltd. announced that President Shinichi Hirose will retire in April next year, and that 54-year-old executive officer Hiroaki Shirota will be promoted to replace him, an unprecedented number of 33 people. There has been a problem with major non-life insurance companies in that they have adjusted insurance premiums for commercial insurance in advance, but Mr. Shirota, who will be promoted to president, stated that he would like to ``review the corporate culture,'' and is implementing reforms within the company. We have expressed our intention to work on this.

TOP

UK consumer price index in November increased by 3.9% compared to the same month last year

2023-12-20 22:20:00
The British Bureau of Statistics announced on the 20th that the consumer price index for November increased by 3.9% compared to the same month last year.

TOP

South Korea's Samsung Electronics to establish new research and development base for cutting-edge semiconductors in Yokohama

2023-12-20 21:02:00
With the construction of semiconductor production bases and research facilities one after another in Japan, it has been learned that South Korea's Samsung Electronics has decided to establish a new research and development base for cutting-edge semiconductors in Yokohama. The investment amount is expected to reach 40 billion yen, and arrangements are being made for the Japanese government to subsidize half of that amount.

TOP

“We should start rebuilding nuclear power plants and building new ones”: Keizai Doyukai changes its policy

2023-12-20 19:56:00
Regarding nuclear power generation, the Japan Association of Corporate Executives has changed its previous policy of using nuclear power while reducing dependence on it to a certain level, and is aiming not only to restart existing nuclear power plants but also to rebuild them and build new ones. We announced a new policy that we should start moving on now.

TOP

Daihatsu: 174 new cases of fraud; shipments of all car models suspended; president apologizes at press conference

2023-12-20 19:52:00
Automobile manufacturer Daihatsu Motor Corporation has announced that 174 new cases of fraud have been discovered in the acquisition of national certification, and has decided to suspend shipments of all vehicle models in Japan and overseas. At a press conference, President Soichiro Okudaira apologized for the series of irregularities, saying, ``I would like to apologize for betraying the trust of our customers.''

TOP

Next year's budget proposal final adjustment at around 112.7 trillion yen Exceeds 110 trillion yen for 2nd consecutive year

2023-12-20 19:28:00
As the budget draft for next fiscal year and 2024 is nearing its final stage, the government has entered into final adjustments with a view to bringing the total amount of the general account to around 112.7 trillion yen. Although this fiscal year's original budget, which was the largest ever, is lower than this year's, the budget has exceeded 110 trillion yen for the second consecutive year, and the difficult fiscal situation is expected to continue, with more than 30% of financial resources coming from government bonds.

TOP

Industrial Innovation Investment Corporation “Acquisition of two companies to increase the competitiveness of the domestic semiconductor industry”

2023-12-20 18:57:00
The Industrial Innovation Investment Corporation, a public-private fund, said that its decision to acquire two semiconductor-related companies was aimed at increasing the competitiveness of the domestic semiconductor industry, and that after the acquisition, the company had plans to list the companies. We have clarified our policy.

TOP

Yen market price rises somewhat

2023-12-20 18:52:00
In the Tokyo foreign exchange market on the 20th, the yen rate rose somewhat.

TOP

Daihatsu: 174 new cases of fraud; shipments of all car models suspended; president apologizes at press conference

2023-12-20 18:16:00
Automobile manufacturer Daihatsu Motor Corporation has announced that 174 new cases of fraud have been discovered in the acquisition of national certification, and has decided to suspend shipments of all vehicle models in Japan and overseas. At a press conference, President Soichiro Okudaira apologized for the series of irregularities, saying, ``I would like to apologize for betraying the trust of our customers.''

TOP

Nippon Steel's acquisition of a U.S. company hopes to strengthen collaboration on decarbonization, etc. Chairman of the Japan Steel Federation

2023-12-20 17:03:00
Regarding Nippon Steel, Japan's largest steel manufacturer, deciding to acquire a major American steel manufacturer, Yoshihisa Kitano, chairman of the Japan Iron and Steel Federation, said at a press conference that Japan Steel Federation, Japan's largest steel manufacturer, has decided to acquire a major American steel manufacturer. expressed hope that it would lead to

TOP

Stock price rose more than 600 yen at one point, new high for this year

2023-12-20 16:39:00
On the 20th, the Nikkei stock average in the Tokyo stock market rose by more than 600 yen, setting a new high for this year during trading hours.

TOP

Next year's budget proposal final adjustment at around 112.7 trillion yen Exceeds 110 trillion yen for 2nd consecutive year

2023-12-20 16:25:00
With the draft budget for next fiscal year and 2024 now reaching its final stages, the government has entered into final adjustments with a view to bringing the total amount of the general account to around 112.7 trillion yen. Although this fiscal year's initial budget, which was the largest ever, has exceeded 110 trillion yen for the second year in a row, the plan is to issue government bonds of around 35 trillion yen to cover the financial resources.

TOP

November Newly built condominiums in the Tokyo metropolitan area average 82.5 million yen, an increase of 36% compared to the same month last year

2023-12-20 15:42:00
The average price of new condominiums sold in Tokyo and three prefectures in the Tokyo metropolitan area last month was 82.5 million yen, an increase of 36% from the same month last year.

TOP

Daihatsu 174 new cases of fraud discovered; shipments of all car models in Japan and overseas suspended

2023-12-20 15:34:00
Automobile manufacturer Daihatsu Motor Corporation has announced that 174 new cases of fraud in obtaining national certification have been discovered. The company has decided to stop shipping all car models domestically and internationally.

TOP

Financial assets held by individuals hit a record high, with expansion of NISA next year also a factor

2023-12-20 15:28:00
Financial assets such as deposits and stocks held by individuals reached a record high of 2,121 trillion yen as of the end of September this year. This is due to an increase in the balance of stocks and investment trusts due to the impact of high stock prices, but interest in investing has increased ahead of the expansion of NISA, a tax benefit system for individual investors, next year. This is also believed to have led to an increase in assets.

TOP

Chubu Electric Power and other companies are planning to impose a total 26 million yen surcharge on bid-rigging in large gas contracts

2023-12-20 15:13:00
The Fair Trade Commission has accused Chubu Electric Power and its subsidiaries of violating the Antimonopoly Act by colluding with gas companies to adjust prices in large-scale gas contracts for factories, etc. Interviews with people involved revealed that they have decided to order them to pay a surcharge of approximately 26 million yen.

TOP

Domestic shipments of white goods in November increased by 1.4% compared to the same month last year

2023-12-20 14:23:00
Domestic shipments of white goods last month increased by 1.4% from the same month last year, marking the first positive increase in two months, due to increased shipments of air conditioners.

TOP

Financial assets held by individuals hit a record high, with expansion of NISA next year also a factor

2023-12-20 14:21:00
Financial assets such as deposits and stocks held by individuals reached a record high of 2,121 trillion yen as of the end of September this year. This is due to an increase in the balance of stocks and investment trusts due to the impact of high stock prices, but interest in investing has increased ahead of next year's expansion of NISA, a tax benefit system for individual investors. This is also believed to have led to an increase in assets.

TOP

Daihatsu suspends shipments of all car models in Japan and overseas, obtains certification due to fraudulent data

2023-12-20 13:59:00
Automobile manufacturer Daihatsu Motor Corporation used fraudulent data to obtain national certification without conducting required crash tests.A subsequent investigation by a third-party committee found new fraud, and the company We have learned that shipping will be suspended for all car models domestically and internationally.

TOP

Next year's budget proposal Total amount of general account expected to exceed 110 trillion yen for second consecutive year

2023-12-20 13:34:00
Regarding the formulation of the government's budget for next fiscal year, 2024, Ministerial negotiations between Finance Minister Suzuki and each minister have been completed, and the revision rate of medical fees, etc., which was the focus, has been decided. In next year's budget, the total amount of the general account is expected to exceed 110 trillion yen for the second consecutive year, and the government plans to make a Cabinet decision on the 22nd.

TOP

Daihatsu suspends shipments of all car models in Japan and overseas, obtains certification due to fraudulent data

2023-12-20 12:34:00
Automobile manufacturer Daihatsu Motor Corporation used fraudulent data to obtain national certification without conducting required crash tests.A subsequent investigation by a third-party committee found new fraud, and the company We have learned that shipping will be suspended for all car models domestically and internationally. The company will report to the Ministry of Land, Infrastructure, Transport and Tourism on the 20th, and will make its contents public.

TOP

Stock price rose by more than 600 yen at one point, increasing the view that the Bank of Japan will continue monetary easing

2023-12-20 12:33:00
In the Tokyo stock market on the 20th, the Nikkei Stock Average rose by more than 600 yen at one point, as buying orders spread due to the growing view that the Bank of Japan would continue monetary easing for the time being.

TOP

Next year's budget proposal Total amount of general account expected to exceed 110 trillion yen for second consecutive year

2023-12-20 12:26:00
Regarding the formulation of the government's budget for next fiscal year, 2024, Ministerial negotiations between Finance Minister Suzuki and each minister have been completed, and the revision rate of medical fees, etc., which was the focus, has been decided. In next year's budget, the total amount of the general account is expected to exceed 110 trillion yen for the second consecutive year, and the government plans to make a Cabinet decision on the 22nd.

TOP

Daihatsu suspends shipments of all car models in Japan and overseas, obtains certification due to fraudulent data

2023-12-20 11:45:00
Automobile manufacturer Daihatsu Motor Corporation used fraudulent data to obtain national certification without conducting required crash tests.A subsequent investigation by a third-party committee found new fraud, and the company We have learned that shipments of all car models in Japan and overseas will be suspended. The suspension of production, which has already been implemented for two vehicle models, is expected to expand, and the company will report to the Ministry of Land, Infrastructure, Transport and Tourism on the 20th, and will make the details public.

TOP

Trade balance in November: 776.9 billion deficit, second consecutive month of deficit due to poor exports

2023-12-20 11:30:00
The trade balance in November was in the red for the second consecutive month due to weak exports.

TOP

Stock price temporarily rose by more than 600 yen due to the Bank of Japan's continued monetary easing

2023-12-20 11:14:00
On the Tokyo stock market on the 20th, the Nikkei Stock Average rose by more than 600 yen at one point due to a growing view that the Bank of Japan would continue monetary easing for the time being.

TOP

Next year's budget draft Second day of ministerial negotiations Final adjustments on individual items

2023-12-20 10:42:00
The second day of ministerial negotiations was held between Finance Minister Suzuki and each minister in preparation for the formulation of the government's budget for next fiscal year, 2024, with final adjustments regarding individual budget items underway.

TOP

Trade balance in November: 776.9 billion deficit, second consecutive month of deficit

2023-12-20 09:18:00
According to last month's trade statistics released by the Ministry of Finance, the trade balance (exports minus imports) was in the red at 776.9 billion yen. This is the second consecutive month that the trade balance is in the red.

TOP

The yen exchange rate is below 144 yen, and the Dow Jones Industrial Average hits a new all-time high for 5 consecutive business days.

2023-12-20 08:17:00
In the New York financial market on the 19th, the yen traded at a level of 144 yen to the dollar as the Bank of Japan decided to maintain its large-scale monetary easing measures, and there were also concerns that interest rates would be cut in the United States next year. The Dow Jones Industrial Average rose to a new all-time high for five consecutive days due to expectations that the market would be held soon.

TOP

UNIZO HD domestic office business to be transferred to Singapore asset management company

2023-12-20 06:22:00
UNIZO Holdings, a real estate company that applied to the court for application of the Civil Rehabilitation Act in April this year, has decided to transfer its domestic office business to a Singaporean asset management company in order to rebuild its business.

TOP

Benefits during childcare leave The government's share of the burden will be increased 10 times to one-eighth

2023-12-20 05:35:00
As more men are taking childcare leave and the amount of benefits they receive while on leave is expected to increase, the government plans to raise the national burden from 1/80 of the benefit amount to 1/8 from next fiscal year.

TOP

Second day of ministerial negotiations on next year's budget bill, preparation work to be finalized before cabinet decision

2023-12-20 05:24:00
On the 20th, Finance Minister Suzuki and other ministers will hold the second day of ministerial negotiations to prepare the government's budget for next fiscal year, 2024. In next year's budget proposal, the total amount of the general account is expected to exceed 110 trillion yen for the second consecutive year, and budget preparation work will reach its final stage before the Cabinet decision on the 22nd.

TOP

Bank of Japan considers normalization of monetary policy by achieving price stability target along with wage increases

2023-12-20 05:15:00
At its monetary policy meeting held until the 19th, the Bank of Japan decided to maintain its current large-scale monetary easing measures. The Bank of Japan will consider normalizing monetary policy if it determines that it is likely to achieve the 2% price stability target along with wage increases based on the wage increases in next year's spring labor union. .

TOP

Mitoyo City, Kagawa, abandons introduction of garbage removal guidance service using generated AI

2023-12-20 04:47:00
Mitoyo City, Kagawa Prefecture, which was conducting a demonstration experiment of a garbage disposal guidance service using the generated AI "ChatGPT," abandoned full-scale implementation because the percentage of correct answers provided by the AI ​​did not reach its target.

TOP


Kyoto   Mt.Fuji


EN      CS      KO      PT