2024-08-23 19:27:00
Kioxia Holdings, a global leader in semiconductors and flash memory, applied to list on the Tokyo Stock Exchange on the 23rd. The company hopes to use the funds raised through the listing to make capital investments in equipment, which it has been lagging behind overseas manufacturers, and thereby strengthen its competitiveness.
2024-08-23 19:26:00
Daihatsu Motor Co., Ltd. has temporarily suspended development of vehicles in response to a scandal involving fraudulent government certification, and as a result will be unable to meet new safety standards that will become mandatory from November of this year in time, will halt production of several vehicle models from late October.
2024-08-23 19:14:00
August 24 marks one year since Tokyo Electric Power Company began releasing treated water accumulated at the Fukushima Daiichi Nuclear Power Plant into the ocean. Due to China's continued suspension of imports of Japanese fishery products, the fishing and marine industries continue to face difficult times. Responses are still being sought at the scene in various regions.
2024-08-23 19:08:00
On the 23rd, Bank of Japan Governor Ueda attended a closed-session hearing held in the House of Representatives and the House of Councillors, and stated his intention to continue to closely monitor market trends, noting that "I recognize that the financial markets, which have been hit this month by record fluctuations in stock prices, remain unstable."
2024-08-23 18:36:00
On the 23rd, the yen fell slightly on the Tokyo foreign exchange market.
2024-08-23 17:43:00
August 24 marks one year since Tokyo Electric Power Company began releasing treated water accumulated at the Fukushima Daiichi Nuclear Power Plant into the ocean. Due to China's continued suspension of imports of Japanese fishery products, the fishing and marine industries continue to face difficult times. Responses are still being sought at the scene in various regions.
2024-08-23 17:28:00
Kioxia Holdings, a global leader in semiconductors and flash memory, applied to list on the Tokyo Stock Exchange on the 23rd. The company hopes to use the funds raised through the listing to make capital investments in equipment, which it has been lagging behind overseas manufacturers, and thereby strengthen its competitiveness.
2024-08-23 17:00:00
Due to the heatwave, sales of prepared foods and ice cream are increasing at supermarkets, but customers are visiting stores less frequently in order to avoid the scorching heat.
2024-08-23 16:50:00
Sales of duty-free goods at department stores across the country from January to July this year totaled more than 390 billion yen, exceeding sales for the entire year of last year, as the number of foreign tourists visiting Japan continues to increase at the fastest pace on record.
2024-08-23 16:06:00
In response to the prolonged heat, apparel manufacturers are reviewing their business practices of releasing products ahead of the season and are extending the sales period for summer items this year.
2024-08-23 16:02:00
"Our soft serve ice cream isn't selling at all..." lamented the owner of a Western-style pastry shop in a shopping district in Setagaya Ward, Tokyo. When we spoke to people at a nearby store, we learned that sales of flowers, rice, and other items have also fallen. This is usually the peak season for this business... Economists analyzing the impact on the economy are puzzled, as they believe that something strange has happened to the industry's common sense that "the hotter the summer, the more consumption there will be." They say the cause is the extreme heat. What kind of strangeness has occurred? We went to the scene of consumption. (Economics Department, Magata Kentaro)
2024-08-23 15:57:00
August 24 marks one year since Tokyo Electric Power Company began releasing treated water accumulated at the Fukushima Daiichi Nuclear Power Plant into the ocean. Due to China's continued suspension of imports of Japanese seafood, the fishing and tourism industries continue to face difficult times. Here are some of the struggles facing the industry in various regions.
2024-08-23 15:56:00
On the 23rd, the Tokyo stock market saw a rise in stock prices after comments made by Bank of Japan Governor Ueda during a closed-session Diet session were interpreted as indicating caution regarding further interest rate hikes.
2024-08-23 14:33:00
As the country's Basic Energy Plan, which serves as a guideline for its medium- to long-term energy policy, is currently under review, economic organizations in the Chubu region have made a recommendation to the Ministry of Economy, Trade and Industry that it make maximum use of nuclear power, including by restarting nuclear power plants and building new ones.
2024-08-23 14:12:00
At a closed-session hearing of the House of Representatives' Financial Services Committee on the 23rd, Bank of Japan Governor Ueda said, "I recognize that the financial markets, which have been hit by record stock price fluctuations this month, remain in a volatile situation," and indicated his intention to continue to closely monitor market trends with a sense of urgency.
2024-08-23 12:44:00
August 24 marks one year since Tokyo Electric Power Company began releasing treated water accumulated at the Fukushima Daiichi Nuclear Power Plant into the ocean. Due to China's continued suspension of imports of Japanese seafood, the fishing and tourism industries continue to face difficult times. Here are some of the struggles facing the industry in various regions.
2024-08-23 12:29:00
At a closed-session hearing of the House of Representatives' Financial Services Committee on the 23rd, Bank of Japan Governor Ueda said, "I recognize that the financial markets, which have been hit by record stock price fluctuations this month, remain in a volatile situation," and indicated his intention to continue to closely monitor market trends with a sense of urgency.
2024-08-23 12:12:00
On the 23rd, the Nikkei Stock Average on the Tokyo Stock Exchange fell slightly.
2024-08-23 11:57:00
Due to the heatwave, sales of prepared foods and ice cream are increasing at supermarkets, but customers are visiting stores less frequently in order to avoid the scorching heat.
2024-08-23 11:27:00
On the 24th, it will be one year since the release of treated water accumulated at the Fukushima Daiichi Nuclear Power Plant of Tokyo Electric Power Co. (TEPCO) into the sea began. In response to the decline in the amount of Japanese exports of agricultural, forestry and fishery products to the world due to the import ban measures by China, the government held a meeting to expand exports and confirmed that it would support the development of new markets.
2024-08-23 10:27:00
At a closed-session hearing of the House of Representatives' Financial Services Committee held on the 23rd, Bank of Japan Governor Ueda commented on the instability in financial markets in early August, when stock prices experienced record fluctuations, saying, "We recognize that domestic and international financial capital markets continue to be in a state of instability.For the time being, we will continue to closely monitor developments with a high level of vigilance."
2024-08-23 10:21:00
Seven & i Holdings, which has received a takeover bid from a Canadian company, has learned that it will be subject to restrictions on foreign investment in Japanese companies under the Foreign Exchange and Foreign Trade Act. As the company considers how to respond to the bid, this restriction may become a topic of discussion in the future.
2024-08-23 10:05:00
As various interest rates rise following the Bank of Japan's interest rate hike, there is a growing movement in the life insurance sector in anticipation of rising interest rates, with sales of products that had been suspended due to ultra-low interest rates resuming.
2024-08-23 09:45:00
There is a growing movement among companies to provide more support to those who take over the work of employees taking childcare leave, etc.
2024-08-23 04:58:00
Rice is sold out in supermarkets across the country, and there are moves to limit the number of items that can be purchased. The Ministry of Agriculture, Forestry and Fisheries is calling on consumers to remain calm, as this is the off-season before the full-scale release of new rice, and stockpiling in preparation for earthquakes and typhoons may have exacerbated the situation, even though stocks were already low.
