Economic news(2024/12/18)
Ruling party project team to hold new discussions on route selection for Hokuriku Shinkansen extension
2024-12-18 21:18:00
Regarding the extension of the Hokuriku Shinkansen to Shin-Osaka, the ruling party's project team decided not to reach a conclusion on the selection of the "Obama-Kyoto route" at the meeting on the 18th, but to discuss it again soon. In light of concerns by local governments about the impact of construction work, the team has shown a cautious stance.
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Sapporo HD announces promotion of Managing Director Tokimatsu to president, President Oga to special advisor
2024-12-18 21:00:00
Sapporo Holdings, a major beer manufacturer, has announced that it will promote Executive Director Hiroshi Tokimatsu, who heads a subsidiary food manufacturer, to president.
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Yamato Transport requests Japan Post to reconsider outsourcing delivery operations
2024-12-18 19:32:00
Yamato Transport announced that it had requested a review of the schedule for the consignment of thin packages for the package delivery collaboration that it concluded with Japan Post last year. In response to this, Japan Post President Hiroya Masuda said, "Since we have already come to an understanding, we would like to hold thorough discussions."
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Honda and Nissan in talks to merge; could this lead to increased competitiveness?
2024-12-18 18:58:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Yen exchange rate rises
2024-12-18 18:24:00
On the 18th, the Tokyo foreign exchange market saw the yen rise as investors sought to lock in profits ahead of the decisions on future monetary policies in the United States and Japan.
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Bank of Japan's Monetary Policy Meeting: Focus on further interest rate hike
2024-12-18 18:08:00
The Bank of Japan's monetary policy meeting began on the 18th. The focus is on whether to raise interest rates further, but many within the BOJ are of the opinion that they should wait and see whether wage increases will spread and the impact of the policies of the next US President Trump, and it is expected that the BOJ will carefully decide on its policy after analyzing the situation.
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Kioxia Holdings to list on Tokyo Stock Exchange - Will this lead to increased competitiveness?
2024-12-18 18:04:00
Kioxia Holdings, a global leader in semiconductors and flash memory, listed its shares on the Tokyo Stock Exchange on the 18th. The company plans to use the funds raised through the listing to make capital investments in cutting-edge memory production and other areas, and the focus is on whether this will lead to increased competitiveness.
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Honda and Nissan in talks to merge; Honda president says "We are considering collaboration"
2024-12-18 18:02:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Hokkaido to hold ceremony to introduce RAPIDUS "EUV exposure equipment" at New Chitose Airport
2024-12-18 17:58:00
A ceremony was held on the 18th to commemorate the introduction of an EUV exposure tool, a cutting-edge device essential to Lapidus' business, which aims to domestically produce cutting-edge semiconductors, at its factory in Chitose, Hokkaido.
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Money and valuables stolen from safe deposit boxes - Notice to strengthen safe deposit box management system - Japan Bankers Association
2024-12-18 17:50:00
As it emerged that Mitsubishi UFJ Bank employees had stolen several billion yen worth of valuables from safe deposit boxes at bank branches, the Japanese Bankers Association issued a notice to its member banks to strengthen their safe deposit box management systems, stating that the scandal is a serious issue that affects the credibility of financial institutions.
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Private rocket launch fails due to abnormality in "nozzle" spewing combustion gas
2024-12-18 17:44:00
A small private rocket, Kairos 2, was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent, causing the launch to fail. The company that developed it explained that there was an abnormality in the movement of the "nozzle," a part of the first stage of the rocket that ejects combustion gases, and that the flight was automatically aborted about three minutes after launch.
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Honda and Nissan in talks to merge; Honda president says "We are considering collaboration"
2024-12-18 17:13:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Rocket launch failure: Venture company "took measures to suspend flight"
2024-12-18 17:05:00
A small rocket called "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. The company held a press conference and explained, "Approximately three minutes after launch, we took measures to abort the flight while the second stage of the rocket was burning."
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Nomura Securities: 30 million yen fine for price manipulation of futures trading
2024-12-18 16:48:00
The Japan Securities Dealers Association has announced that it has ordered the largest securities firm in Japan, Nomura Securities, to pay a penalty of 30 million yen in relation to its involvement in the manipulation of prices in Japanese government bond futures trading.
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Stock prices fall Following the fall of major stock indexes on the New York market
2024-12-18 16:16:00
On the 18th, the Nikkei Stock Average fell on the Tokyo Stock Exchange following the fall of all major stock indexes on the New York Market on the 17th.
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Honda and Nissan in talks to merge; Honda president says "We are considering collaboration"
2024-12-18 16:13:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Japan Bankers Association to issue notice to strengthen management system after safe deposit box theft
2024-12-18 15:59:00
As it became clear that Mitsubishi UFJ Bank employees had stolen several billion yen worth of valuables from safe deposit boxes at bank branches, the Japanese Bankers Association has decided to issue a notice to its member banks to strengthen their safe deposit box management systems, stating that the scandal is a serious issue that affects the credibility of financial institutions.
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Rocket launch failure: Venture company "took measures to suspend flight"
2024-12-18 15:37:00
A small rocket called "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. The company held a press conference and explained, "Approximately three minutes after launch, we took measures to abort the flight while the second stage of the rocket was burning."
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[Live] Small rocket launch failure, venture company holds press conference
2024-12-18 14:58:00
A small rocket called "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. The company held a press conference and explained, "Approximately three minutes after launch, we took measures to abort the flight while the second stage of the rocket was burning."
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Small rocket "Kairos 2" launch failure due to trouble during ascent
2024-12-18 14:11:00
A small rocket "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. This is the second consecutive launch failure following the first launch in March this year, and the company is currently investigating the details of the situation.
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Kioxia Holdings to list on Tokyo Stock Exchange - Will this lead to increased competitiveness?
2024-12-18 13:46:00
Kioxia Holdings, a global leader in semiconductors and flash memory, listed its shares on the Tokyo Stock Exchange on the 18th. The company plans to use the funds raised through the listing to make capital investments in cutting-edge memory production and other areas, and the focus is on whether this will lead to increased competitiveness.
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Honda and Nissan in talks to merge; Honda president says "We are considering collaboration"
2024-12-18 12:54:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Stock prices fall slightly
2024-12-18 12:27:00
The Nikkei average fell slightly following the decline of major stock indexes on the Tokyo stock market on the 18th and on the New York stock market on the 17th.
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Small rocket "Kairos 2" launch failure due to trouble during ascent
2024-12-18 12:20:00
A small rocket "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. This is the second consecutive launch failure following the first launch in March this year, and the company is currently investigating the details of the situation.
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Individual financial assets remain high amid falling stock prices and a strong yen
2024-12-18 12:15:00
Financial assets such as deposits and stocks held by individuals were approximately 2,179 trillion yen as of the end of September this year, down 1.5% from the previous record high three months ago. This is due to the fall in stock prices over the summer and the strong yen, but the figure remains at a high level.
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Kioxia Holdings to list on Tokyo Stock Exchange - Will this lead to increased competitiveness?
2024-12-18 12:13:00
Kioxia Holdings, a global leader in semiconductors and flash memory, listed its shares on the Tokyo Stock Exchange on the 18th. The company plans to use the funds raised through the listing to make capital investments in cutting-edge memory production and other areas, and the focus is on whether this will lead to increased competitiveness.
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Small rocket "Kairos 2" launch failure due to trouble during ascent
2024-12-18 12:10:00
A small rocket "Kairos 2" developed by a Tokyo venture company was launched on the morning of the 18th from a rocket launch site in Wakayama Prefecture, but a problem occurred during ascent and the launch failed. This is the second consecutive launch failure following the first launch in March this year, and the company is currently investigating the details of the situation.
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Honda and Nissan in talks to merge; Honda president says "We are considering collaboration"
2024-12-18 11:43:00
As overseas emerging manufacturers are gaining presence in the field of electric vehicles (EVs), it has been revealed that Honda and Nissan are in talks to merge. If the merger is realized, it will create the world's third largest automobile group.
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Bain Capital announces intention to acquire Fujisoft without consent
2024-12-18 11:39:00
While two investment funds have proposed to acquire the software giant Fujisoft, one of the investment funds, Bain Capital, has revealed its intention to launch a tender offer without the company's consent. The unusual battle between the two funds is becoming more intense, and shareholders' decisions are attracting attention.
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Small rocket "Kairos 2" launch failure
2024-12-18 11:14:00
A small rocket "Kairos 2" developed by a Tokyo venture company was launched from a rocket launch site in Wakayama Prefecture on the morning of the 18th, but a problem occurred during ascent and the launch failed. This is the second consecutive launch failure, following the first launch in March this year, and the company is currently investigating the details of the situation.
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Trade balance in November: deficit of 117.6 billion yen, fifth consecutive month of trade deficit - Ministry of Finance
2024-12-18 10:56:00
In November, exports reached the highest level since comparable data became available in 1979, but imports of energy-related goods such as LNG (liquefied natural gas) remained large, resulting in a trade deficit of over 117.6 billion yen. This is the fifth consecutive month of a trade deficit.
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Small rocket "Kairos 2" to be launched at 11 a.m. today
2024-12-18 10:01:00
The privately-run Kairos 2 rocket, which had been postponed twice due to wind conditions, is scheduled to launch from a launch site in Wakayama Prefecture at 11 a.m. on the 18th. The first rocket exploded immediately after launch, so attention is focused on whether the second rocket will be successful and whether it will be able to put the satellite it is carrying into the planned orbit.
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Honda and Nissan in talks to merge [Detailed explanation]
2024-12-18 10:00:00
It has been learned that Honda and Nissan Motor Co., Ltd. are in talks to merge. With overseas emerging manufacturers taking the lead in fields such as electric vehicles (EVs), the merger is expected to allow the two companies to share huge investments and bring together their technologies in order to increase their competitiveness.
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Honda and Nissan in talks to merge [Detailed explanation]
2024-12-18 09:13:00
It has been learned that Honda and Nissan Motor Co., Ltd. are in talks to merge. With overseas emerging manufacturers taking the lead in fields such as electric vehicles (EVs), the merger is expected to allow the two companies to share huge investments and bring together their technologies in order to increase their competitiveness.
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Trade balance in November: 117.6 billion yen deficit, 5th consecutive month of deficit - Ministry of Finance
2024-12-18 09:09:00
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 117.6 billion yen. This is the fifth consecutive month that the trade balance has been in the red.
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NY Dow falls for 9th consecutive trading day, first since February 1978, US media
2024-12-18 08:44:00
In the New York Stock Exchange, sell orders were placed as investors waited to see the pace of interest rate cuts by the Federal Reserve Board, and the Dow Jones Industrial Average fell for the ninth consecutive trading day. According to American media, this is the first time since February 1978 that the market has fallen for nine consecutive trading days.
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Honda and Nissan in talks to merge [Detailed explanation]
2024-12-18 07:59:00
It has been learned that Honda and Nissan Motor Co., Ltd. are in talks to merge. With overseas emerging manufacturers taking the lead in fields such as electric vehicles (EVs), the merger is expected to allow the two companies to share huge investments and bring together their technologies in order to increase their competitiveness.
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Honda and Nissan in talks to merge
2024-12-18 06:26:00
It has been learned that Honda and Nissan Motor Co., Ltd. are in talks to merge. With overseas emerging manufacturers taking the lead in fields such as electric vehicles (EVs), the merger is expected to allow the two companies to share huge investments and bring together their technologies in order to increase their competitiveness.
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US consumer spending: Retail sales up 0.7% month-on-month, stronger than expected
2024-12-18 06:24:00
Last month's retail sales, which indicate the trend of personal consumption in the United States, increased by 0.7% compared to the previous month. This exceeded market expectations and highlighted the strength of consumer spending.
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Honda to double hybrid vehicle sales by 2030
2024-12-18 05:02:00
Honda has announced a plan to double the number of hybrid vehicle sales by 2030. As sales of EVs (electric vehicles) slow down, especially in Europe and the United States, Japanese manufacturers are stepping up efforts to strengthen their hybrid vehicle business, which is seeing growing demand.
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