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

Economic news(2024/07/05)


Kyoto   Hakone

US June employment statistics: Number of employed persons increased by 206,000, but unemployment rate rose

2024-07-05 21:47:00
The U.S. employment statistics for June, which will affect the yen exchange rate, were released, showing that the number of non-agricultural employees increased by 206,000 from the previous month, slightly exceeding market expectations.

TOP

JR East and West Japan begin considering standardizing parts for conventional line vehicles

2024-07-05 19:03:00
In response to declining railway revenues and labor, JR East and West Japan announced that they have begun considering standardizing parts for future conventional line train designs.

TOP

FTC issues warning against Toyota-affiliated auto body manufacturer for violating subcontractor's profits

2024-07-05 18:55:00
The Japan Fair Trade Commission has issued a recommendation to the Toyota Motor Corporation-affiliated auto body manufacturing company in Yokohama City to take measures to prevent recurrence, citing violations of the interests of subcontractors by having multiple subcontractors store "molds" necessary for the production of parts free of charge and making the company cover the expenses.

TOP

Asia Business Summit held: Agreement reached on cooperation to achieve decarbonization

2024-07-05 18:37:00
The Asia Business Summit, bringing together heads of economic organizations from Asian countries and regions, was held in Tokyo on the 5th, and the leaders agreed to work together, taking into account the circumstances of each country and region, to decarbonize thermal power plants, on which they rely for much of their electricity.

TOP

What will happen to young people with a retirement age of 70?

2024-07-05 18:33:00
Meiji Yasuda Life Insurance, a major life insurance company, has announced a policy to extend the retirement age to 70 years old from 2027, depending on the individual's wishes. This is a response to the sense of crisis over the labor shortage, but won't this move to prioritize seniors actually discourage younger employees? What does the future of human resources look like with the major company deciding to introduce a retirement age of 70 years old? (Economics Department Reporter, Nishizono Koki)

TOP

Yen rises against the dollar

2024-07-05 18:17:00
On the 5th, the yen rose against the dollar on the Tokyo foreign exchange market.

TOP

FTC issues warning against Toyota-affiliated auto body manufacturer for violating subcontractor's profits

2024-07-05 18:10:00
The Japan Fair Trade Commission has issued a recommendation to the Toyota Motor Corporation-affiliated auto body manufacturing company in Yokohama City to take measures to prevent recurrence, citing violations of the interests of subcontractors by having multiple subcontractors store "molds" necessary for the production of parts free of charge and making the company cover the expenses.

TOP

Toyota conducts internal investigation into certification test fraud, no new irregularities found

2024-07-05 17:13:00
Toyota Motor Corporation announced that it had conducted an internal investigation into the past 10 years of its national certification test fraud scandal and found no new cases of fraud. Toyota said it would "take appropriate action based on guidance from the Ministry of Land, Infrastructure, Transport and Tourism" and would put together measures to prevent recurrence.

TOP

Private survey: More than 4,800 companies filed for bankruptcy nationwide in first half of the year, highest number since 2014

2024-07-05 16:54:00
A survey has found that more than 4,800 companies and other institutions went bankrupt across the country in the first half of this year, the highest number for this period since 2014.

TOP

FTC issues warning against Toyota-affiliated auto body manufacturer for violating subcontractor's profits

2024-07-05 16:36:00
The Japan Fair Trade Commission has issued a recommendation to the Toyota Motor Corporation-affiliated auto body manufacturing company in Yokohama City to take measures to prevent recurrence, citing violations of the interests of subcontractors by having multiple subcontractors store "molds" necessary for the production of parts free of charge and making the company cover the expenses.

TOP

The stock price temporarily reached the 41,100 yen range, setting a new record high during trading hours.

2024-07-05 15:58:00
On the 5th, the Nikkei Stock Average on the Tokyo Stock Exchange rose to the 41,100 yen range at one point, hitting an all-time high during trading hours for the first time in about three months.

TOP

The May economic activity index rose for the third consecutive month, up 1.3 points from the previous month.

2024-07-05 15:49:00
The Cabinet Office announced that the "coincident index," which indicates the current state of the economy, rose 1.3 points from the previous month to 116.5 in May, with 2020 as the base year. This is the third consecutive month that the index has risen.

TOP

"Kyosai Kenpo" posts surplus of over 460 billion yen due to increased insurance premiums caused by wage hikes

2024-07-05 15:36:00
The financial statements of the Association Health Insurance, which covers employees of small and medium-sized companies, recorded a surplus of over 460 billion yen in the last fiscal year (2023), due to an increase in insurance premium income from wage increases. However, the financial situation is not optimistic as subsidies to the medical care system for the elderly are expected to increase in the future.

TOP

Samsung Electronics' April-June quarter operating profit up 15.5 times year-on-year

2024-07-05 12:24:00
South Korea's Samsung Electronics reported increased revenue and profits for the three months to June, driven by a recovery in demand for its main semiconductors due to the expansion of the AI ​​(artificial intelligence) market, with operating profit 15.5 times higher than the same period last year.

TOP

The stock price temporarily reached the 41,100 yen range, setting a new record high during trading hours.

2024-07-05 11:54:00
On the 5th, the Nikkei average on the Tokyo Stock Exchange rose to the 41,100 yen range at one point, hitting an all-time high during trading hours for the first time in about three months.

TOP

The stock price temporarily reached the 41,100 yen range, setting a new record high during trading hours.

2024-07-05 09:46:00
On the 5th, the Nikkei average rose to the 41,100 yen range at one point on the Tokyo Stock Exchange, reaching a new all-time high during trading hours for the first time in about three months. With the yen continuing to weaken in the foreign exchange market and expectations for future corporate earnings rising, immediately after trading began, buy orders were concentrated in semiconductor-related stocks and other stocks. However, there were also instances of the stock price falling after that.

TOP

The stock price temporarily reached the 41,100 yen range, setting a new record high during trading hours.

2024-07-05 09:15:00
On the 5th, the Nikkei average rose to the 41,100 yen level at one point on the Tokyo Stock Exchange, breaking its all-time intraday high for the first time in about three months. Due to the continued depreciation of the yen in the foreign exchange market and rising expectations for future corporate earnings, buying orders are prevalent for semiconductor-related stocks and other stocks.

TOP


Kyoto   Mt.Fuji


EN      CS      KO      PT