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

Economic news(2024/06/11)


Kyoto   Hakone

Toyota Industries Corporation fraudulent acquisition of certification; president apologizes at general meeting of shareholders

2024-06-11 21:52:00
A general meeting of shareholders was held for Toyota Industries, a member of the Toyota Group, and regarding the issue of fraudulent acquisition of national certification for automobile engines, President Koichi Ito said, ``We sincerely apologize for the great inconvenience caused to many parties involved.'' ” he apologized.

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Sekisui House releases explanatory document on demolition of condominium in Kunitachi, Tokyo

2024-06-11 21:07:00
Regarding the issue of a condominium in Kunitachi, Tokyo, which was scheduled to be handed over in July, being demolished, the developer, Sekisui House, published an explanatory document on its website on the evening of the 11th, for the first time since the issue came to light, explaining the background of the matter.

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Japan Airlines submits report on causes of series of troubles to Ministry of Land, Infrastructure, Transport and Tourism

2024-06-11 20:39:00
Following a series of incidents with Japan Airlines, including passenger planes significantly overshooting taxiway stop lines, the company submitted a report to the Ministry of Land, Infrastructure, Transport and Tourism on the 11th outlining the causes and background of the incidents. The report states that the common thread in the series of incidents is that not enough attention was paid at key times, and that the background to the incidents is that an environment in which people could concentrate on safety was not created sufficiently.

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Basic economic and fiscal policy including fixing wage increases

2024-06-11 19:27:00
The draft of this year's basic policy for economic and fiscal management, the "Basic Policy," has been finalized. It states that labor market reforms will be promoted in order to establish wage increases in order to completely escape from deflation. On the other hand, on the fiscal side, the government will maintain its goal of achieving a primary balance surplus next fiscal year.

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Basic economic and fiscal policy including fixing wage increases

2024-06-11 19:00:00
The draft of this year's basic policy for economic and fiscal management, the "Basic Policy," has been finalized. It states that labor market reforms will be promoted in order to establish wage increases in order to completely escape from deflation. On the other hand, on the fiscal side, the government will maintain its goal of achieving a primary balance surplus next fiscal year.

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The yen has fallen slightly

2024-06-11 18:51:00
In the Tokyo foreign exchange market on the 11th, the yen rate fell somewhat.

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Ezaki Glico to resume partial shipments of refrigerated products from June 25th

2024-06-11 17:57:00
Ezaki Glico had suspended shipments of refrigerated products since April this year due to a malfunction in its core distribution system. However, as a result of work to repair the system, the company has announced that it will gradually resume shipments of some products from June 25th.

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"Floating" offshore wind power generation to be put to practical use in demonstration experiments in two sea areas of Akita and Aichi

2024-06-11 17:53:00
The government is aiming to commercialize a type of offshore wind power generation called "floating," which is expected to expand the introduction of renewable energy, and will conduct demonstration experiments in two waters in Akita and Aichi prefectures starting this fiscal year. I decided.

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Tokyo Kunitachi condominium demolition issue: Final decision to be made starting last month

2024-06-11 16:39:00
A condominium in Tokyo's Kunitachi City, which was due to be handed over next month, is expected to be demolished due to the impact on the area surrounding the building. We have learned that we started considering this last month and reached a decision on the 3rd of this month.

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Stock price rises slightly

2024-06-11 16:21:00
On the 11th, the Tokyo stock market and the Nikkei Stock Average rose slightly.

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Fisheries Agency council approves proposal to add fin whales to commercial whaling list

2024-06-11 16:15:00
The Fisheries Agency's council has approved a proposal to add fin whales to the three species that have been recognized so far for commercial whaling. This is the first time that the number of species being hunted has increased since commercial whaling resumed five years ago.

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“AI generated on iPhone” Apple announces ChatGPT also available Why?

2024-06-11 14:29:00
American IT giant Apple has announced that it will introduce a generation AI system into basic software such as the iPhone. They also announced that they will be partnering with OpenAI to make ChatGPT available. How will it change from previous iPhones? What is the aim of the partnership?

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Daiwa Securities Group to acquire Aozora Bank shares held by former Murakami Fund

2024-06-11 12:32:00
Daiwa Securities Group Headquarters announced that it will acquire the shares of Aozora Bank held by investment companies associated with Mr. Yoshiaki Murakami of the former Murakami Fund. The acquisition price was approximately 28 billion yen, and the former Murakami Fund decided to sell all of its shares in Aozora Bank.

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Fair Trade Commission conducts on-site inspection of trading company to determine if charges are being deducted by taking advantage of shipper's position

2024-06-11 11:09:00
A trading company in Tokyo that handles housing equipment is suspected of using its position as a shipper to unilaterally deduct fees from shipping companies contracted to deliver equipment and to not pay overtime fees. According to interviews with related parties, the Fair Trade Commission conducted an on-site inspection on the 11th.

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Apple announces introduction of generative AI system into iPhone and other operating systems

2024-06-11 10:17:00
American IT giant Apple has announced that it will introduce a generation AI system into basic software such as the iPhone. In addition to using AI to work with multiple apps to summarize email content, reply to messages, and formulate plans, the company plans to partner with OpenAI, which is leading the development of generative AI, in order to make a comeback in a highly competitive field. It appears that there is a purpose.

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Apple announces introduction of generative AI system into iPhone and other operating systems

2024-06-11 07:47:00
American IT giant Apple has announced that it will introduce a generative AI system into its operating system, including the iPhone. The AI ​​will work with multiple apps to summarize and reply to emails, and make plans. In addition, the company will also partner with OpenAI, a leader in the development of generative AI, in what appears to be an attempt to regain ground in a highly competitive field.

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British investment fund makes shareholder proposal for Keisei Electric Railway, positive for investment and proposals

2024-06-11 07:42:00
June marks the peak month for shareholder meetings of listed companies. In an interview with NHK, the head of a British investment fund that is proposing to Keisei Electric Railway, a major private railroad company, that it sell part of its shares in the company that operates Tokyo Disney Resort, expressed a positive attitude toward further investment and proposals, citing the fact that there are many promising companies in Japan.

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Hokuetsu Corporation shareholders meeting: proposal to dismiss president to be approved by another major shareholder

2024-06-11 07:36:00
Regarding the general shareholders meeting of the paper manufacturer Hokuetsu Corporation, where an investment fund is calling for the dismissal of the president, it has been learned that another major shareholder has decided to support the shareholder proposal. This means that at least 40% of the shareholders will vote in favor, so the focus will be on the actions of other shareholders.

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Sogo/Seibu announces renovation plans for Seibu Ikebukuro main store, halving sales area

2024-06-11 06:44:00
Sogo & Seibu, a major department store chain that has come under the umbrella of an American investment fund, has announced plans to renovate its flagship store, Seibu Ikebukuro Main Store, revealing that it will reduce the store's sales floor space to about half of its current size and open in stages from January next year.

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LINE to add new features due to sharp increase in SNS fraud, warns of strangers' invitations

2024-06-11 05:20:00
As the number of fraud cases such as investment scams abusing SNS is rapidly increasing across the country, LINE's operating company has decided to start new countermeasures. Adds a function to display a warning when inviting strangers to a group chat.

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Kyoto   Mt.Fuji


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