2023-12-22 22:06:00
The labor union of Jetstar Japan, a low-cost carrier (low-cost carrier), has been holding a strike since the 22nd due to unpaid overtime wages for some employees, including pilots. . The period is until the 7th of next month, and the company says it will try to ensure that flight operations are not affected.
2023-12-22 22:02:00
Toshiba, which accepted an acquisition by an investment fund and went private, launched a new management structure on the 22nd. President Taro Shimada stated, ``Having a stable management foundation allows us to concentrate on our business,'' and expressed his intention to quickly rebuild the company's management under the new system.
2023-12-22 21:56:00
While sustainable wage increases will be the focus of next year's spring labor union, Daiwa Securities Group Inc. has announced that it is considering raising wages by more than 7% next fiscal year.
2023-12-22 20:32:00
Mitsubishi Chemical Group, a major chemical manufacturer, has announced that the executive officer in charge of its petrochemical business, where profits are deteriorating, will be appointed as president, and is accelerating consideration of reorganization with other companies with the aim of rebuilding the business. We have indicated a policy to do so.
2023-12-22 19:34:00
The Consumer Price Index for November, which measures the price movements of goods and services consumed at home, increased by 2.5% compared to the same month last year, excluding fresh food, which is subject to large fluctuations due to weather. The rate of increase decreased by 0.4 points from the previous month, staying in the 2% range for three consecutive months.
2023-12-22 19:26:00
The stock market was in a boom in the second half, with the Nikkei Stock Average rising to its highest level in 33 years since 1990. Toward the end of the year, a series of large-scale MBOs (management buyouts) became a hot topic. MBO, also known as a “management buyout.” This year, the total amount is expected to be the largest ever. MBO is a method of delisting a company's shares and acquiring management rights, but what is the reason behind the important management decision to withdraw from listing? (Economy Department reporter Hiroaki Tsuboi)
2023-12-22 18:55:00
At the Tokyo foreign exchange market on the 22nd, the yen exchange rate rose by more than 1 yen.
2023-12-22 18:09:00
Regarding the Ministry of Internal Affairs and Communications' plan to raise postal charges by next fall, Japan Post President Hiroya Masuda asked for understanding, stating that an early price increase is necessary to continue service.
2023-12-22 18:06:00
Daihatsu Motor Corporation has announced that it has suspended operations at its factory in Fukuoka Prefecture that produces engines and other products from the 22nd due to the issue of fraudulent acquisition of national certification. Starting next week, all automobile factories in Japan will cease operations, and the impact is expected to expand.
2023-12-22 17:29:00
A Ministry of Internal Affairs and Communications council discussing the review of the NTT Act has compiled its first report, which calls for the immediate elimination of the obligation on NTT to disclose research results. Based on the council's discussions, the Ministry of Internal Affairs and Communications has decided to consider submitting a bill to revise the law to next year's regular Diet session.
2023-12-22 16:13:00
Regarding the issue of fraudulent insurance claims by Big Motor, Sompo Holdings, the parent company of Sompo Japan Insurance Co., has announced that it will postpone the publication of the final report by an investigative committee composed of outside lawyers until the new year.
2023-12-22 16:12:00
On the 22nd, the Tokyo stock market and the Nikkei Stock Average rose slightly.
2023-12-22 16:08:00
In the November consumer price index released by the Ministry of Internal Affairs and Communications, the increase rate for 44 frequently purchased items, including food and gasoline, was 6.4%. Experts point out that the rate of increase in prices that consumers actually perceive is higher than the overall rate of increase, including for fresh food.
2023-12-22 14:01:00
From January 4th, the requirements for refunding periodic postal savings that were deposited before the privatization of the postal service and whose rights have expired will be relaxed from January 4th, and Minister of Internal Affairs and Communications Matsumoto has announced that those who have any concerns should use the postal service. We asked them to consult with the authorities.
2023-12-22 12:51:00
Major automaker Honda has announced that it will recall approximately 2.6 million cars sold in the United States due to a defective fuel pump. The fuel pumps are manufactured by auto parts manufacturer Denso, and have been recalled one after another in Japan.
2023-12-22 12:41:00
Regarding Daihatsu Motor Corporation's suspension of shipments of all vehicle models due to the issue of fraudulent acquisition of national certification, Minister of Economy, Trade and Industry Saito said, ``This is extremely regrettable as it undermines the trust of automobile users and has a wide impact on suppliers.'' In addition, the Ministry of Economy, Trade and Industry also indicated its intention to take necessary measures, such as establishing a consultation desk.
2023-12-22 12:12:00
The Consumer Price Index for November, which measures the price movements of goods and services consumed at home, increased by 2.5% compared to the same month last year, excluding fresh food, which is subject to large fluctuations due to weather. The rate of increase decreased by 0.4 points from the previous month, staying in the 2% range for three consecutive months.
2023-12-22 08:42:00
The consumer price index for last month and November, which looks at price movements of goods and services consumed at home, increased by 2.5% compared to the same month last year, excluding fresh food, which is subject to large fluctuations due to weather. The rate of increase decreased by 0.4 points from 2.9% in October, and remained in the 2% range for three consecutive months. "Food excluding fresh produce" has increased by 6.7% from the same month last year.
2023-12-22 07:21:00
The Chinese government has announced that it will ban the export of manufacturing technology such as high-performance magnets that use rare earths, which are essential for electric vehicles. It appears that the aim is to check the United States, which is tightening export restrictions on semiconductors and other cutting-edge technologies.
2023-12-22 06:21:00
In order to improve convenience for airport users such as foreign visitors to Japan, operations will begin in January to shorten immigration procedures by integrating some of the inspections by immigration and customs authorities.
2023-12-22 05:54:00
Daihatsu Motor Co., Ltd. will suspend operations at all of its domestic automobile factories starting next week due to problems with the acquisition of national certification. The company is considering compensation for parts manufacturers that it does business with directly, but including indirect subcontractors, there are approximately 8,000 companies nationwide, and the impact on local economies is unavoidable.
2023-12-22 05:50:00
Hiroki Kamezawa, president of Mitsubishi UFJ Financial Group, gave an interview to NHK and stated that generative AI, which is being introduced around the world, ``next year will be the year when generative AI begins in earnest,'' and actively seeks to utilize it in business. We have expressed the idea of moving forward.
2023-12-22 05:18:00
On the 22nd, the government will decide on the budget for next fiscal year, 2024, with a total general account budget of 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.
