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

Economic news(2024/06/19)


Kyoto   Hakone

Honda President Sanbe explains measures to prevent recurrence, such as strengthening auditing system, at shareholders meeting

2024-06-19 19:03:00
In response to the irregularities in the government's certification tests, Honda President Toshihiro Mibe apologized at the company's general shareholders meeting on the 19th and explained measures to prevent recurrence, including strengthening the auditing system.

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Japan Exchange Group: "Firewall regulations should be relaxed with careful consideration"

2024-06-19 18:28:00
Regarding the issue of a bank and two securities firms under the Mitsubishi UFJ Financial Group allegedly sharing nonpublic information about client companies without consent, Japan Exchange Group CEO Hiromi Yamamichi said at a press conference that careful discussion is needed before further deregulation of the "firewall regulations" that limit information sharing between the group's banks and securities firms.

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Yen exchange rate rises slightly

2024-06-19 18:13:00
On the 19th, the yen rose slightly in value on the Tokyo foreign exchange market.

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First new banknotes in 20 years: printing and other aspects revealed ahead of their release in July

2024-06-19 17:58:00
On the 19th, ahead of the issuance of the first new banknotes in 20 years in July, the printing process of the banknotes was open to the press.

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Google to develop AI models tailored to local issues in 47 prefectures

2024-06-19 17:45:00
American company Google has announced its business strategy in Japan using generative AI, revealing that it will develop AI models specialized for local issues in each of the 47 prefectures.

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Toyota Motor Corp. shareholders' approval rate for reappointment of Chairman Toyoda at general meeting of shareholders is the lowest among directors

2024-06-19 17:22:00
Toyota Motor Corporation announced that at its general shareholders meeting on the 18th, 71.93% of shareholders approved the reappointment of Chairman Toyoda Akio as a director. This was down 12 percentage points from last year's general meeting, making it the lowest among the 10 directors.

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Foreign tourists visiting Japan in May reached 3.04 million, exceeding 3 million for three consecutive months

2024-06-19 17:14:00
Last month, the number of foreign tourists visiting Japan reached 3.04 million, marking the third consecutive month since March this year that the number has exceeded 3 million.

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Sapporo Dome, where Nippon Ham Fighters have relocated, incurs a deficit of about 650 million yen

2024-06-19 16:36:00
Sapporo Dome has announced that it will post a net loss of approximately 650 million yen in the fiscal year ending March 2019, the first time since the Nippon Ham Fighters professional baseball team moved their home stadium to a new stadium. The results were significantly worse than initially expected, as the sale of naming rights to give the dome a nickname and the use of the dome did not go as expected.

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Average price of new apartments in the Tokyo metropolitan area in May declined for the third consecutive month, but remains high

2024-06-19 15:56:00
The average price of new apartments released in the Tokyo metropolitan area in May was 74.86 million yen, lower than the same month of the previous year for the third consecutive month. This is due to fewer high-priced properties being released in Tokyo compared to last year, but rising construction costs have also kept prices at a high level.

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Stock prices slightly increased

2024-06-19 15:44:00
On the 19th, stock prices on the Tokyo Stock Exchange rose slightly.

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Stock prices rise Some semiconductor-related stocks are bought

2024-06-19 12:00:00
On the Tokyo Stock Exchange on the 19th, some semiconductor-related stocks were bought, and stock prices rose.

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Norinchukin Bank's final deficit for fiscal year ending March next year could expand to 1.5 trillion yen

2024-06-19 11:58:00
The Norinchukin Bank has revealed that it is likely to be forced to post huge losses due to the failure of its foreign bond investments, and that its final deficit for the fiscal year ending March next year could expand to 1.5 trillion yen. This is expected to be significantly larger than the final deficit it posted in the fiscal year ending March 2009 due to the impact of the Lehman Shock.

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Bank of Japan April meeting minutes released: risk of yen depreciation and further interest rate hikes discussed

2024-06-19 11:08:00
The Bank of Japan released the minutes of its April monetary policy meeting, which was held amid a historically weak yen. The minutes showed that policy board members repeatedly pointed out the risk that the weak yen would push up prices, and there was lively discussion about additional interest rate hikes.

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Trade balance in May: deficit of over 1.2 trillion yen due to rising crude oil import prices and other factors

2024-06-19 10:36:00
The trade balance for last month was in the red by over 1.2 trillion yen, the second consecutive month of trade deficits. This was due to an increase in the import amount of petroleum products such as naphtha, as well as an increase in the import price of crude oil.

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Trade balance in May was in deficit by 1.2213 trillion yen, marking the second consecutive month of deficit

2024-06-19 09:08:00
According to last month's trade statistics released by the Ministry of Finance, the trade balance, which is exports minus imports, was in the red by 1.2213 trillion yen. This is the second consecutive month that the trade balance has been in the red.

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Semiconductor giant Nvidia ranks first in the world with market capitalization of over $3.33 trillion

2024-06-19 08:06:00
On the 18th, the stock price of American semiconductor giant Nvidia rose on the New York Stock Exchange, and its market capitalization, which indicates the value of a company, reached over $3.33 trillion, overtaking IT giant Microsoft to become the world's number one for the first time. Nvidia deals in semiconductors for generative AI, and expectations for increased demand for AI are behind this.

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Unable to secure fuel, two airlines cancel international flights at New Chitose Airport

2024-06-19 06:36:00
Amid a series of international flight cancellations due to a lack of aircraft fuel, it has been learned that two airlines, one from Australia and one from Singapore, which had planned to operate seasonal regular flights between New Chitose Airport this winter, have either abandoned the operations or informed the airport that it would be difficult to operate the flights as planned due to a lack of fuel.

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SMBC Nikko Securities President Yoshioka expresses intention to make "Speak Up" a part of the company

2024-06-19 06:14:00
In an interview with NHK, SMBC Nikko Securities President Hideji Yoshioka, who took office in April this year, expressed his intention to instill a corporate culture known as "speaking up," in which employees frankly report any unusual behavior in the workplace to their superiors, as a measure to prevent a recurrence of the market manipulation scandal.

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Himeji Castle: Why are they considering introducing two types of prices? Some restaurants are also introducing dual pricing.

2024-06-19 06:09:00
"It would be good to have two different pricing systems, one for local residents and one for foreign visitors." Himeji Castle is visited by many foreign tourists. The local mayor has indicated his intention to consider reviewing the pricing system, including making a difference between foreign tourists and local residents. Why is this being considered? How are regular restaurants responding, and what is the situation overseas? We have compiled a detailed summary.

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Norinchukin Bank's final deficit for fiscal year ending March next year could expand to 1.5 trillion yen

2024-06-19 04:47:00
The Norinchukin Bank has revealed that it is likely to be forced to post huge losses due to the failure of its foreign bond investments, and that its final deficit for the fiscal year ending March next year could expand to 1.5 trillion yen. This is expected to be significantly larger than the final deficit it posted in the fiscal year ending March 2009 due to the impact of the Lehman Shock.

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Kyoto   Mt.Fuji


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