Economic news(2024/06/18)
Inbound demand recovers but airline fuel shortages cause concerns over measures
2024-06-18 21:43:00
As inbound demand recovers, overseas airlines are increasingly suspending flight operations due to the inability to secure fuel for their aircraft. A meeting was held on the 18th with relevant government ministries and major airlines to consider future countermeasures.
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Tokyo foreign exchange market: Yen exchange rate falls
2024-06-18 18:40:00
The yen fell in value on the Tokyo foreign exchange market on the 18th.
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Taiwanese semiconductor giant plans new factory in Miyagi to receive support for human resource development, etc.
2024-06-18 17:41:00
In response to plans by major Taiwanese semiconductor companies and others to build new semiconductor factories in Miyagi Prefecture, Minister of Economy, Trade and Industry Saito met with Miyagi Governor Murai on the 18th and expressed the government's intention to consider providing support for the development of related human resources and infrastructure.
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Toyota Motor Corporation president apologizes for government certification test irregularities at shareholders meeting
2024-06-18 17:27:00
Toyota Motor Corporation held a general shareholders' meeting following the revelation of irregularities in government certification tests, and President Tsuneharu Sato offered an apology regarding the issue, saying, "We sincerely apologize to our customers and shareholders for the concern and inconvenience caused."
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NTT Docomo's new president: "Aiming to enter banking industry through acquisitions"
2024-06-18 16:37:00
NTT Docomo's new president, Yoshiaki Maeda, who took office this month, held a press conference and revealed that the company is the only major mobile phone company that does not have a bank under its umbrella, and that the company plans to enter the banking industry through acquisitions or other means.
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Bank of Japan Governor Ueda: "Interest rate hike is quite possible at next month's meeting"
2024-06-18 16:00:00
Bank of Japan Governor Ueda said in the Diet that it is "quite possible" that the central bank will raise interest rates further at its next monetary policy meeting next month.
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Stock prices rise Movement to buy back stocks that have fallen sharply in price
2024-06-18 15:54:00
On the Tokyo Stock Exchange on the 18th, stock prices rose as there was a move to buy back stocks that had fallen sharply on the 17th.
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Toyota Motor Corporation president apologizes for government certification test irregularities at shareholders meeting
2024-06-18 15:34:00
Toyota Motor Corporation held a general shareholders' meeting following the revelation of irregularities in government certification tests, and President Tsuneharu Sato offered an apology regarding the issue, saying, "We sincerely apologize to our customers and shareholders for the concern and inconvenience caused."
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Japan Airlines shareholders meeting: President apologizes for series of problems, "safety system restructuring"
2024-06-18 15:33:00
At a general shareholders' meeting for Japan Airlines, President Mitsuko Tottori apologized for the series of incidents, including passenger planes significantly overshooting the stop lines on airport taxiways, and expressed her intention to restructure the company's safety system.
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Seino Holdings acquires approximately 60% of Mitsubishi Electric Logistics subsidiary's shares to make it a subsidiary
2024-06-18 15:21:00
Seino Holdings, a major logistics company headquartered in Gifu Prefecture, announced that it would acquire approximately 60% of the shares of a Mitsubishi Electric subsidiary that handles logistics operations, making it a subsidiary. The aim is to strengthen the business amid the so-called "Logistics 2024 Problem" that is becoming an issue.
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Toyota Motor Corporation president apologizes for government certification test irregularities at shareholders meeting
2024-06-18 13:39:00
Toyota Motor Corporation held a general shareholders' meeting following the revelation of irregularities in government certification tests, and President Tsuneharu Sato offered an apology regarding the issue, saying, "We sincerely apologize to our customers and shareholders for the concern and inconvenience caused."
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Japan Airlines shareholders meeting: President apologizes for series of problems, "safety system restructuring"
2024-06-18 12:43:00
At a general shareholders' meeting for Japan Airlines, President Mitsuko Tottori apologized for the series of incidents, including passenger planes significantly overshooting the stop lines on airport taxiways, and expressed her intention to restructure the company's safety system.
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Toyota Motor Corporation president apologizes for government certification test irregularities at shareholders meeting
2024-06-18 12:28:00
Toyota Motor Corporation held a general shareholders' meeting after the fraudulent conduct of government certification tests was revealed, and President Tsuneharu Sato offered an apology regarding the issue, saying, "We sincerely apologize to our customers and shareholders for the concern and inconvenience caused."
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Finance Minister Suzuki: "Very Regrettable" Mitsubishi UFJ Financial Group Shares Confidential Information of Client Companies
2024-06-18 11:41:00
Regarding the issue of a megabank and two securities companies under the Mitsubishi UFJ Financial Group allegedly sharing non-public information about client companies without consent, Minister of Finance Suzuki stated that he "deeply regrets" the matter and indicated his intention to take strict measures.
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Cabinet Office analyzes last year's wage trends by generation, revealing differences between generations in growth, etc.
2024-06-18 07:28:00
Wage increases last year and this year have been at high levels for two consecutive years. However, when the Cabinet Office analyzed last year's wage trends by generation, it found that there were differences between generations, with the largest increases for both men and women in their 20s, but smaller increases for those in their late 30s and 40s.
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