Economic news(2024/02/14)
Federation of Automobile Federations “The wave of price pass-through will spread throughout the industry”
2024-02-14 21:38:00
During this year's spring labor movement, the Jidosha Soren, an industry-specific labor union formed by labor unions from automobile manufacturers, parts companies, etc., spoke to reporters on the 14th after its member unions submitted a letter of demand to management all at once. He held a press conference and said, ``I would like to encourage the wave of price pass-through to spread throughout the industry.''
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Kirin HD announces personnel changes for the first time in 9 years President Isozaki will be appointed chairman
2024-02-14 21:13:00
Kirin Holdings has announced the change of president for the first time in nine years, with President Yoshinori Isozaki appointed as chairman with representative rights. This is the first time in eight years that the chairmanship has been reinstated.
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Daihatsu Labor Union postpones bare demands due to spring strike, prioritizing restoring trust
2024-02-14 21:10:00
The Daihatsu Motor Corporation labor union has announced that it will not be demanding a bare base raise, which is an increase in basic wages, during this year's spring labor movement. This is the first time in 11 years that Daihatsu's labor union has given up on Baer's request, prioritizing efforts to restore trust in light of the company's fraudulent acquisition of national certification.
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Mitsubishi UFJ invests approximately 15 billion yen in emerging companies to strengthen asset management business
2024-02-14 20:47:00
Mitsubishi UFJ Financial Group announced that it will strengthen its asset management business by investing approximately 15 billion yen in a startup company that provides a service that automatically recommends investment products based on age and annual income and leaves management to the discretion of the company. did.
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LINE user information and other information leaks expand to more than 510,000 LINE Yahoo!
2024-02-14 19:56:00
LINE Yahoo has revealed that approximately 440,000 items, including information on LINE users announced in November 2023, are suspected to have been leaked, and the number has expanded to more than 510,000. The company says it is taking measures to prevent recurrence, including strengthening information management.
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Sony Group plans to list financial subsidiary in October next year
2024-02-14 19:05:00
The Sony Group has announced plans to list its subsidiaries in October next year, aiming to grow their subsidiaries that conduct financial businesses such as banking and insurance.
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Electronic components giant Nidek's Vice President Mitsuya Kishida becomes president and CEO
2024-02-14 19:04:00
Nidek, a major electronic components company headquartered in Kyoto, has announced that Vice President Mitsuya Kishida will become president and CEO on April 1st. Shigenobu Nagamori, the founder and current chairman and CEO, will work on corporate acquisitions as the representative of the global group.
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Aomori Mayors of four municipalities with nuclear-related facilities meet with Minister of Economy, Trade and Industry Saito to make requests
2024-02-14 18:56:00
On the 14th, the mayors of four municipalities in Aomori Prefecture that have nuclear-related facilities met with Minister of Economy, Trade and Industry Saito and requested that he show a path forward for the operation of reprocessing plants and other facilities.
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Yen price temporarily in the high 150 yen range due to expectations that monetary tightening will continue in the US
2024-02-14 18:43:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate briefly fell to the high 150 yen to dollar range in the morning, due to a growing view that monetary tightening would continue in the United States.
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Adachi Seiwa Shinkin Bank and Toei Shinkin Bank negotiate for merger in October 2025
2024-02-14 18:41:00
The details of the negotiations for the merger between two credit unions in Adachi Ward and Katsushika Ward, Tokyo have been revealed, with the merger aiming for October 2025, and plans to review store functions in line with the times and reassign staff. We are working to strengthen support for businesses through this.
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Rakuten Group results final loss of 339.4 billion yen, fifth consecutive year in the red
2024-02-14 18:32:00
Rakuten Group's financial results for last year showed a net loss of 339.4 billion yen due to continued deficits in the mobile phone business. The company has been in the red for five consecutive years, and is aiming to bring its mobile phone business back into the black as soon as possible to improve its business performance.
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Businesses affected by the Noto Peninsula earthquake call for early support; Ishikawa Prefecture holds briefing session
2024-02-14 17:15:00
An information session for businesses affected by the Noto Peninsula Earthquake was held in Kanazawa City on the 14th, and the participating businesses expressed concerns about their future lives, as well as calls for early support as they could not see a clear path to rebuilding. A voice rose.
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Spring Labor NTT Labor Union demands record 5% wage increase for all non-regular employees
2024-02-14 17:00:00
NTT's labor union decided to demand a 5% wage increase, the highest level ever, for all employees, including non-regular employees, as part of the base increase. NTT's labor union, which has over 140,000 members who work in full-time and non-regular employment, held a central committee meeting in Tokyo on the 14th and decided on the policy for this year's spring labor demands.
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Rakuten Group results final loss of 339.4 billion yen, fifth consecutive year in the red
2024-02-14 16:34:00
Rakuten Group's financial results for last year showed a net loss of 339.4 billion yen due to continued deficits in the mobile phone business. The company has been in the red for five consecutive years, and is aiming to bring its mobile phone business back into the black as soon as possible to improve its business performance.
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Stock price temporarily fell by more than 300 yen due to expectations that US monetary tightening will continue
2024-02-14 16:12:00
On the 14th, the Nikkei stock average in the Tokyo stock market temporarily fell by more than 300 yen to the 37,700 yen level.
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Former worker sues government over lung cancer caused by inhaling asbestos at shipbuilding site
2024-02-14 15:53:00
A man in Chiba Prefecture who once worked at a ship building site has filed a lawsuit seeking compensation from the government, alleging that he developed lung cancer from inhaling asbestos due to insufficient government measures. Regarding damage caused by asbestos, there is a relief system for people working at construction sites, and the plaintiffs are appealing for the same relief to be extended to workers in the shipbuilding industry.
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“Hokuriku Support Discount” “Start timing in Ishikawa Prefecture will be considered independently” Governor Hase
2024-02-14 15:47:00
In order to support the tourism industry in the Hokuriku region, which was affected by the Noto Peninsula Earthquake, Governor Hase of Ishikawa Prefecture spoke at a press conference about the ``Hokuriku Ouenwari'' program, in which the government subsidizes a portion of tourists' accommodation costs in order to support the tourism industry in the Hokuriku region, which was affected by the Noto Peninsula Earthquake. In order to give priority to this, the prefecture announced its intention to consider the start date independently, rather than aligning with Toyama and Fukui prefectures.
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Rakuten Group results final loss of 339.4 billion yen, fifth consecutive year in the red
2024-02-14 15:32:00
Rakuten Group's financial results for last year showed a net loss of 339.4 billion yen due to continued deficits in the mobile phone business. This is the fifth consecutive year of deficit. On the other hand, sales increased by 7.8% from the previous year to 2,071.3 billion yen, a record high, due to strong results from online shopping and financial services. Rakuten says it is working to improve its business performance by strengthening corporate contracts and other measures to bring its mobile phone business back into the black.
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Yen exchange rate: 1 dollar = low 150 yen level, following last month's US consumer price index
2024-02-14 13:09:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate fell to the high 150 yen level to the dollar, due to the growing view that monetary tightening will continue in the United States.
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Japan Airlines faces a series of troubles at U.S. airports; Ministry of Land, Infrastructure, Transport and Tourism conducts on-site inspection
2024-02-14 12:35:00
This month, a Japan Airlines passenger plane entered a taxiway different from the one instructed by air traffic controllers at an airport in San Diego, USA, and crossed the stop line in front of the runway, causing another airliner to re-land. got it. Regarding Japan Airlines, there was a problem in November last year when the airline mistakenly entered the runway at Seattle Airport in the United States, and the Ministry of Land, Infrastructure, Transport and Tourism conducted an on-site inspection of the company on the 13th and is investigating its safety management system. .
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“The world’s oldest programmer” experiences tax return procedures on his smartphone
2024-02-14 11:45:00
Ahead of the start of accepting income tax and other final returns on the 16th, an 88-year-old woman from Kanagawa Prefecture, who has attracted attention as the ``world's oldest programmer,'' tried out the tax filing process using a smartphone and encouraged people to use it. Ta.
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Yen exchange rate: 1 dollar = low 150 yen level, following last month's US consumer price index
2024-02-14 09:07:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate fell to the high 150 yen level to the dollar, due to the growing view that monetary tightening will continue in the United States.
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NY market Yen depreciation accelerates, temporarily dropping to the 150 yen level to the dollar for the first time in about 3 months
2024-02-14 09:00:00
In the New York foreign exchange market, the yen's depreciation accelerated, and the yen exchange rate temporarily fell to the 150 yen level to the dollar for the first time in about three months. The main reason for this is the expectation that monetary tightening will continue after the growth in the US consumer price index exceeded market expectations.
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New York market Yen depreciation accelerates, falling to the 150 yen level to the dollar for the first time in about 3 months
2024-02-14 08:58:00
In the New York foreign exchange market, the yen's depreciation accelerated, and the yen exchange rate temporarily fell to the 150 yen level to the dollar for the first time in about three months. The main reason for this is the expectation that monetary tightening will continue as the growth in the US consumer price index exceeded market expectations.
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Resolutions such as installing delivery boxes are expected to be approved by a majority of the general meeting attendees
2024-02-14 07:05:00
As lifestyles change, an increasing number of residents are requesting delivery boxes and electric vehicle charging stations in their apartments, and the Ministry of Land, Infrastructure, Transport and Tourism has approved a majority of the attendees at the general meeting regarding the management association's resolution to install such facilities. We have summarized the idea of using as a guideline.
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Fund raising for disaster-affected businesses Crowdfunding Significant reduction in fees
2024-02-14 07:03:00
In order to support businesses affected by the Noto Peninsula Earthquake in raising funds for recovery and reconstruction, the government is collaborating with operating companies to implement an initiative that allows crowdfunding, which collects funds from a wide range of individuals, to be utilized while significantly reducing fees. It's starting.
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NY Dow drops significantly by more than $700 at one point due to Consumer Price Index announcement
2024-02-14 06:57:00
On the 13th, the New York stock market saw an increase in sell orders due to expectations that monetary tightening would continue following the announcement of the US consumer price index, and the Dow Jones Industrial Average at one point fell significantly, exceeding $700.
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Ministry of Economy, Trade and Industry: “Will the shortage continue until summer?” to resume orders for electric wire and cable shortages
2024-02-14 06:40:00
There have been a number of cases where there is a shortage of electrical wires and cables used in electrical work in buildings, but some major manufacturers are starting to resume accepting new orders this month. However, in many cases it takes several months for delivery, and the Ministry of Economy, Trade and Industry says, ``Although the situation is improving, there is a possibility that some cable shortages will continue until this summer.'' Masu.
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Daihatsu revamps its management system; reform of development system and organizational culture is an issue
2024-02-14 06:24:00
Daihatsu Motor Corporation announced on the 13th that it will reform its management structure in response to the issue of fraudulent acquisition of national certification. Together with parent company Toyota Motor Corporation, the company plans to review the development and production of small cars in its overseas business, and the challenge is to steadily reform the development system and organizational culture that were the background to the fraud.
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Okinawa Nanjo Decorates limestone caves for Valentine's Day and Chinese New Year
2024-02-14 04:22:00
To coincide with Valentine's Day on the 14th and the Chinese New Year long holiday, tourist facilities in Nanjo City, Okinawa Prefecture, are welcoming tourists by lighting up limestone caves in pink and decorating them for Lunar New Year. .
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Softbank and Nvidia to establish industry group to commercialize new AI technology
2024-02-14 00:30:00
It has been revealed that major mobile phone company Softbank and American semiconductor giant Nvidia will establish a new industry group to commercialize technology that utilizes mobile phone base stations to distribute AI processing. Approximately 10 companies from around the world will participate, including telecommunications giants Ericsson and Nokia, with the aim of global standardization of technology.
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