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

Economic news(2024/02/28)


Kyoto   Hakone

Spring labor: Major companies respond with full pay, but wage increases for non-regular employees

2024-02-28 21:31:00
Spring labor negotiations are in full swing, with a focus on achieving sustainable wage increases. Some major companies are moving to settle the union's demands with full compensation, and attention is on whether this will lead to wage increases for non-regular workers, who account for nearly 40% of all workers.

TOP

Japan Post Bank President Norito Ikeda retires, succeeded by Vice President Takayuki Kasama

2024-02-28 20:26:00
Japan Post Bank has announced personnel changes in which President Kento Ikeda will retire on the 31st of next month, and Vice President Takayuki Kasama will be promoted to succeed him as president.

TOP

Welcia HD and Tsuruha HD agree to start talks on business integration, Aeon announces

2024-02-28 20:01:00
Aeon, a major distribution company, announced that three of its subsidiaries, the largest drugstore companies, Welcia Holdings and Tsuruha Holdings, have agreed to begin discussions toward a business integration. This will be a large-scale business integration, with the two companies ranking first and second in the industry in terms of domestic sales.

TOP

Utilizing robots to deliver packages to apartment complexes Demonstration experiment conducted at condominiums Tokyo

2024-02-28 19:16:00
Amidst the challenge of responding to the ``2024 problem'' in logistics, a demonstration experiment was conducted at an apartment building in Tokyo in which a delivery company uses a robot to deliver packages to an apartment complex.

TOP

Vice President Miyata is promoted to new president of ENEOS HD, “a person with strong ethical standards”

2024-02-28 18:57:00
ENEOS Holdings, the largest oil wholesaler whose top management has been exposed to a series of inappropriate acts toward women, has appointed Vice President Tomohide Miyata to replace the former president, saying he is ``a person with strong ethical standards.'' I have decided to promote a person to the position of president.

TOP

Welcia HD and Tsuruha HD agree to start talks on business integration, Aeon announces

2024-02-28 18:54:00
Aeon, a major distribution company, announced that three of its subsidiaries, the largest drugstore companies, Welcia Holdings and Tsuruha Holdings, have agreed to begin discussions toward a business integration. This will be a large-scale business integration, with the two companies ranking first and second in the industry in terms of domestic sales.

TOP

Four major non-life insurance companies to terminate more than 10 executives over issues related to advance adjustment of insurance premiums

2024-02-28 18:28:00
Four major non-life insurance companies submitted business improvement plans to the Financial Services Agency on the 29th in response to problems with pre-adjustment of insurance premiums for commercial insurance, and ordered the presidents and other executives to be disciplined, including reductions in remuneration. The policy is to do so. It is expected that more than 10 officers will be affected, including those at the parent company, making this an unusually large-scale punishment.

TOP

Yen market: Small price movements

2024-02-28 18:24:00
In the Tokyo foreign exchange market on the 28th, the yen exchange rate showed small price movements.

TOP

Yokohama City and Japan Airlines to collect used cooking oil and use it as raw material for aviation fuel

2024-02-28 17:59:00
In order to realize a decarbonized society, Yokohama City and Japan Airlines will begin an initiative in March to collect used cooking oil from households and use it as raw material for next-generation aviation fuel. .

TOP

Toshiba Group's financial results from April to December last year Final profit and loss was 107 billion yen in the red

2024-02-28 17:51:00
Toshiba announced the group's financial results for the nine months from April to December last year, and the final loss was 107 billion yen due to the deterioration in the performance of Kioxia, a major semiconductor company in which it invests. The company plans to review its business plan by May this year.

TOP

Welcia HD and Tsuruha HD agree to start talks on business integration, Aeon announces

2024-02-28 17:48:00
Aeon, a major distribution company, announced that three of its subsidiaries, the largest drugstore companies, Welcia Holdings and Tsuruha Holdings, have agreed to begin discussions toward a business integration. Aeon plans to integrate its business by placing Welcia under Tsuruha, and then proceed with the acquisition of additional shares in Tsuruha, making it a subsidiary. The company aims to conclude a final contract by the end of 2027. This will be a large-scale business integration, with the two companies ranking first and second in the industry in terms of domestic sales. The three companies plan to hold a press conference on the 28th and explain the aims of the merger.

TOP

Vice President Miyata is promoted to new president of ENEOS HD, “a person with strong ethical standards”

2024-02-28 17:44:00
ENEOS Holdings, the largest oil wholesaler whose top management has been exposed to a series of inappropriate acts toward women, has appointed Vice President Tomohide Miyata to replace the former president, saying he is ``a person with strong ethical standards.'' I have decided to promote a person to the position of president.

TOP

JR East releases test run of railway vehicle using fuel cells

2024-02-28 16:36:00
On the 28th, JR East released to the press a test run of a railway vehicle using fuel cells, which is currently being developed with the aim of commercialization in 2030.

TOP

Daihatsu: Production of three models whose shipment suspension order has been lifted will resume at Shiga factory on March 18th

2024-02-28 16:18:00
Daihatsu Motor Co., Ltd. has announced that it will resume production on the 18th of next month at its Shiga factory in Ryuo-cho, Shiga Prefecture, for three models, including the gasoline-powered Rocky, for which the government's order to suspend shipments has been lifted.

TOP

Stock price closes with a slight decline, stopping new highs

2024-02-28 16:16:00
On the Tokyo stock market on the 28th, the Nikkei Stock Average, which had been at a new high for three consecutive business days, closed slightly lower.

TOP

Nissan to enter transportation service business using self-driving cars

2024-02-28 15:33:00
Nissan Motor Co., Ltd. has announced that it plans to start a transportation service business using self-driving cars in 2027. Honda has also announced that it will enter the self-driving service field, and there are a number of moves by automakers to handle the business themselves.

TOP

Some creditors of Chinese real estate giant Biguiyuan file for company liquidation

2024-02-28 15:32:00
Bi-Guiyuan, a major Chinese real estate company that is experiencing financial difficulties, has announced that some of its creditors have filed a petition with a Hong Kong court to liquidate the company. The focus will now be on whether debt restructuring will proceed.

TOP

Seven Japanese automakers' global sales in January exceeded the same month last year

2024-02-28 15:26:00
Of the eight major Japanese automakers, worldwide sales in January exceeded the same month in the previous year for seven of them, excluding Daihatsu Motor Corporation, which suspended shipments due to issues with fraudulent acquisition of national certification. Ta. On the other hand, domestic sales of Toyota Motor Corporation, whose cars are supplied by Daihatsu Motor Corporation, decreased for the first time in 13 months.

TOP

Average price of new condominiums last year: 59.11 million yen, record high for 7 consecutive years

2024-02-28 15:01:00
The average price of new condominiums sold nationwide last year rose 15.4% from the previous year, setting a record high for the seventh consecutive year, due to a series of high-priced properties being sold in central Tokyo.

TOP

Mitsubishi Corporation Considering sale of shares in Japanese corporation operated by “Kentucky”

2024-02-28 14:55:00
It has been learned that Mitsubishi Corporation, a major trading company, is considering selling its stake in the Japanese corporation that operates Kentucky Fried Chicken. The company plans to begin bidding soon to select a buyer for its 35% stake.

TOP

Vice President Miyata is promoted to new president of ENEOS HD, “a person with strong ethical standards”

2024-02-28 14:21:00
ENEOS Holdings, the largest oil wholesaler whose top management has been exposed to a series of inappropriate acts toward women, has appointed Vice President Tomohide Miyata to replace the former president, saying he is ``a person with strong ethical standards.'' I have decided to promote a person to the position of president.

TOP

Apple “Cancel EV development, focus on generation AI” US media

2024-02-28 14:01:00
American IT giant Apple has announced that it will discontinue the development of EV (electric vehicle), which it has been working on for about 10 years. The company will reportedly focus on the rapidly growing field of generative AI.

TOP

Major US department store Macy's announces closure of approximately 150 stores (30%)

2024-02-28 11:28:00
Macy's, the major American department store, announced on the 27th that it will close approximately 150 of its 500 stores across the United States. In the United States, the business environment for the retail industry has become increasingly difficult due to competition from online shopping, and store closures are occurring one after another.

TOP

Toyota to resume production lines at 2 factories on March 4th after shipment suspension order is lifted

2024-02-28 10:56:00
Following the Ministry of Land, Infrastructure, Transport and Tourism's order to suspend shipments of automobile engines due to fraud in obtaining certification for engines produced by Toyota Industries, Toyota Motor Corporation will suspend production lines at its two automobile factories on the 4th of next month. I decided to restart it. This will restart production at all factories that have stopped.

TOP

Honda to sell new fuel cell vehicle in America and Japan for first time in 3 years

2024-02-28 10:21:00
Honda has announced that it will sell a new fuel cell vehicle that uses hydrogen to generate electricity in the United States and Japan for the first time in three years. The aim is to install a system that reduces manufacturing costs through joint development with GM of the United States, and to lead to its widespread use in the future.

TOP

Spain: World's largest mobile exhibition to showcase generative AI, "6G", etc.

2024-02-28 08:57:00
One of the world's largest mobile-related exhibitions has begun in Spain, showcasing cutting-edge technologies with main themes such as generative AI and the next-generation communication standard "6G".

TOP

G20 Finance Ministers and Central Bank Governors Meeting opens, Bank of Japan Governor Ueda attends

2024-02-28 06:42:00
The G20 meeting of finance ministers and central bank governors of 20 major countries will begin in Brazil on the evening of the 28th, Japan time. The focus will be on whether they will be able to show a unified stance against risks to the world economy, such as Russia's prolonged invasion of Ukraine, and there will also be interest in what kind of message Bank of Japan Governor Ueda will take on this occasion regarding monetary policy. We are gathering.

TOP

International trade fair held in Hong Kong, the largest export destination for Japanese pearls

2024-02-28 05:50:00
A large-scale international trade fair for gems and jewelry has begun in Hong Kong, which is the largest export destination for Japanese pearls, with approximately 80 companies exhibiting from Japan.

TOP

Sony Group game business subsidiary to reduce 900 employees including Japan

2024-02-28 05:42:00
A subsidiary of the Sony Group that operates the game business has decided to cut approximately 900 employees around the world, including Japan, in order to streamline management resources.

TOP


Kyoto   Mt.Fuji


EN      CS      KO      PT