Economic news(2024/01/16)
Big Motor Fraudulent Billing Sompo Japan Final Report Management Responsibility Focus
2024-01-16 22:56:00
The final report compiled by the investigation committee regarding Sompo Japan Insurance's response to the issue of fraudulent insurance claims by Big Motor has been released. In addition to blaming the parent company for its malfunctioning compliance system, it harshly pointed out that the parent company lacked a proactive and leadership attitude and was low in sensitivity to risks. The focus will be on responses including:
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Semiconductor industry: 11 regional banks in Kyushu and Okinawa enter into partnership agreement to support local companies, etc.
2024-01-16 20:49:00
In order to further increase the economic effects of the semiconductor industry concentration, 11 local banks in Kyushu and Okinawa, including Fukuoka Bank, have entered into a partnership agreement. As construction of a factory by Taiwanese semiconductor giant TSMC progresses in Kumamoto Prefecture, the aim is to cooperate and support the business of local companies.
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Daihatsu Certification Fraud: Model Designations for 3 Vehicles to be Cancelled Ministry of Land, Infrastructure, Transport and Tourism
2024-01-16 20:46:00
The Ministry of Land, Infrastructure, Transport and Tourism confirmed that particularly egregious acts of fraud had been confirmed in three car models due to the issue of automobile manufacturer Daihatsu Motor Corporation fraudulently obtaining national certification. It has been announced that the model designation will be cancelled.
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Branded strawberries harvested in the morning Take the express bus to Tokyo on the same day Gunma Shibukawa
2024-01-16 20:04:00
An initiative to deliver Gunma brand strawberries freshly harvested in the morning to consumers in Tokyo by express bus on the same day has begun in Shibukawa City, Gunma Prefecture this month.
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Yen market price decline
2024-01-16 19:32:00
In the Tokyo foreign exchange market on the 16th, the yen exchange rate fell.
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JR East timetable revision Keiyo Line decided to continue operating two early morning up-speed trains
2024-01-16 19:24:00
Regarding the timetable revision on the JR Keiyo Line, in which the rapid service in the morning and evening hours, as well as the commuter rapid service, will be canceled, JR East will respond to requests from Chiba City and other organizations to cancel the two early morning upstream rapid trains. We have officially decided to continue operating.
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Daihatsu Certification Fraud: Model Designations for 3 Vehicles to be Cancelled Ministry of Land, Infrastructure, Transport and Tourism
2024-01-16 19:17:00
The Ministry of Land, Infrastructure, Transport and Tourism confirmed that particularly egregious acts of fraud had been confirmed in three car models due to the issue of automobile manufacturer Daihatsu Motor Corporation fraudulently obtaining national certification. It has been announced that the model designation will be cancelled.
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Big Motor Fraudulent Billing Sompo Japan Final Report Management Responsibility Focus
2024-01-16 18:30:00
The final report compiled by the investigation committee regarding Sompo Japan Insurance's response to the issue of fraudulent insurance claims by Big Motor has been released. In addition to blaming the parent company for its malfunctioning compliance system, it harshly pointed out that the parent company lacked a proactive and leadership attitude and was low in sensitivity to risks. The focus will be on responses including:
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Daihatsu Certification Fraud: Model Designations for 3 Vehicles to be Cancelled Ministry of Land, Infrastructure, Transport and Tourism
2024-01-16 18:09:00
The Ministry of Land, Infrastructure, Transport and Tourism confirmed that particularly egregious acts of fraud had been confirmed in three car models due to the issue of automobile manufacturer Daihatsu Motor Corporation fraudulently obtaining national certification. It has been announced that the model designation will be cancelled.
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Some companies are bearish twice in one year Keidanren's “Corporate Social Responsibility Contributing to Wage Increases”
2024-01-16 17:15:00
These are the words of a young employee at a major company: ``I felt the strong will of management to continually invest in human resources'' and ``I felt a stronger desire to meet the company's expectations.'' This company has already decided to increase the base salary for the second time in the past year. Under these circumstances, Keidanren's basic policy was finalized on the 16th, stating that it is the social responsibility of Keidanren and businesses to contribute to the realization of 'structural wage increases.' What is the future of wage increases?
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Suzuki suspends operations at car plant in Hungary due to Red Sea ship attack
2024-01-16 16:26:00
In response to a series of attacks on ships in the Red Sea, automaker Suzuki has announced that it has suspended operations at its car factory in Hungary, as the transportation of parts from Japan and other countries is affected. did.
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Stock price falls for the first time in 7 business days
2024-01-16 16:04:00
On the 16th, the Tokyo stock market and the Nikkei Stock Average fell.
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Spring Labor: “Strongly calls on companies to continue raising wages” Keidanren’s basic policy
2024-01-16 14:33:00
During this year's spring labor union, the Keidanren's basic policy, which serves as a guideline for corporate management, was finalized, and it urged companies to continue raising wages, stating, ``I would like to ask companies to actively consider and implement it with even more enthusiasm and determination than last year.'' I'm calling.
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Daihatsu Certification Fraud: Model Designations for 3 Vehicles to be Cancelled Ministry of Land, Infrastructure, Transport and Tourism
2024-01-16 13:20:00
The Ministry of Land, Infrastructure, Transport and Tourism confirmed that particularly egregious acts of fraud had been confirmed in three car models due to the issue of automobile manufacturer Daihatsu Motor Corporation fraudulently obtaining national certification. It has been announced that the model designation will be cancelled.
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December corporate price index growth rate 0.0%, slowing down for 12 consecutive months
2024-01-16 12:31:00
Last month's Corporate Goods Price Index, which measures the prices of goods traded between companies, grew by 0.0% compared to the same month last year. The growth rate slowed for 12 consecutive months due to the continued decline in electricity prices.
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Stock price falls slightly
2024-01-16 12:20:00
On the 16th, the Tokyo stock market and the Nikkei average stock price fell slightly.
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Big Motor fraudulent billing Sompo Japan's final report details revealed
2024-01-16 12:03:00
The contents of the final report compiled by the investigation committee regarding Sompo Japan Insurance's response to the issue of fraudulent insurance claims by Big Motor have been revealed. In addition to blaming the malfunctioning compliance system as a contributing factor, the report harshly pointed out that the parent company lacked a proactive and leadership attitude, and had low sensitivity to risks.
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Daihatsu Certification Fraud: Model Designations for 3 Vehicles to be Cancelled Ministry of Land, Infrastructure, Transport and Tourism
2024-01-16 12:01:00
The Ministry of Land, Infrastructure, Transport and Tourism confirmed that particularly egregious acts of fraud had been confirmed in three car models due to the issue of automobile manufacturer Daihatsu Motor Corporation fraudulently obtaining national certification. It has been announced that the model designation will be cancelled.
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Minato Ward, Tokyo to distribute gift certificates worth 50,000 yen for childcare support for children up to 18 years old
2024-01-16 09:14:00
Tokyo's Minato Ward has decided to hand out gift certificates worth 50,000 yen to each child up to the age of 18 in order to support families with children who are affected by soaring prices.
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December corporate price index growth rate 0.0%, slowing down for 12 consecutive months
2024-01-16 09:03:00
Last month, December's corporate goods price index, which shows the prices of goods traded between companies, increased by 0.0% compared to the same month of the previous year. The growth rate peaked at 10.6% in December, but has slowed for 12 consecutive months.
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Davos meeting begins, discussion on how to end the crisis in Ukraine and the Middle East situation
2024-01-16 06:38:00
The so-called ``Davos'' meeting, which brings together the world's political and business leaders, has begun in Switzerland. In addition to the invasion of Ukraine, a session will be held this year on the situation in the Middle East, and it is expected that there will be a discussion on what is needed to bring the crisis to an end.
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