2024-12-20 21:10:00
Sharp, a major electronics manufacturer, has decided to sell part of the land and buildings of its factory in Sakai City, Osaka, where it produces large LCD panels for televisions, to SoftBank for approximately 100 billion yen.
2024-12-20 19:37:00
In its monthly economic report for this month, the government maintained its basic assessment of the current economic situation, saying that "the economy is recovering slowly, although some areas remain sluggish."
2024-12-20 19:30:00
Japan Post has decided to file a lawsuit against Yamato Transport Co., Ltd., seeking damages, according to sources. The company claims that damages will be incurred as a result of Yamato Transport's request to review its delivery cooperation agreement.
2024-12-20 19:17:00
Regarding tax reform for next fiscal year, the Liberal Democratic Party and Komeito have decided on the ruling party's tax reform outline, which includes revising the "1.03 million yen annual income barrier" and raising the deduction amount to 1.23 million yen.
2024-12-20 18:48:00
Something strange is happening with prices. Do you know of an item that has been called "rock-solid" for a long time, with the index showing the rate of increase barely changing? As prices continue to rise, that "rock-solid" has finally begun to shift. What on earth is going on? We investigated the background to this strange phenomenon that is likely to have an impact on the economy. (Yusuke Sasaki, Economics Department)
2024-12-20 18:28:00
Regarding next year's tax reform, the Liberal Democratic Party and Komeito Party each held a meeting of their tax system research committees and approved a tax reform outline that revises the "1.03 million yen annual income barrier" and raises the deduction amount to 1.23 million yen. If the deduction amount of 1.03 million yen is raised to 1.23 million yen, what will happen to the tax reductions for each annual income? What about "mortgage tax reductions" and dependent deductions for high school students? We will keep you updated on the latest information.
2024-12-20 18:19:00
On the 20th, the Tokyo foreign exchange market saw a trend of selling yen and buying dollars due to the view that the Bank of Japan would be cautious about further interest rate hikes, and the yen temporarily fell to the high 157 yen range against the dollar.
2024-12-20 17:44:00
The government's draft new Basic Energy Plan includes a policy to make maximum use of nuclear power, whereas previously it had been stated that the plan would "reduce dependence on" nuclear power. In a regular press conference, Chairman of the Federation of Electric Power Companies of Japan, which represents major electric power companies, Kingo Hayashi, expressed his welcome for the plan, saying it was a "major turning point."
2024-12-20 17:40:00
The year-end and New Year holidays are full of events such as year-end parties, Christmas, and New Year's Day, but one thing that worries people is rising prices. The consumer price index for November, excluding fresh food, rose 2.7% from the same month last year, and people are becoming more frugal. We interviewed people about how consumers are spending during this time of year when expenses are on the rise.
2024-12-20 17:39:00
Regarding tax reform for next fiscal year, the Liberal Democratic Party and Komeito have decided on the ruling party's tax reform outline, which includes revising the "1.03 million yen annual income barrier" and raising the deduction amount to 1.23 million yen.
2024-12-20 17:03:00
The average relative trading price of rice for all varieties in November rose 57% from the same month last year, hitting a new record high for three consecutive months.
2024-12-20 16:48:00
Regarding the extension of the Hokuriku Shinkansen to Shin-Osaka, the ruling party's project team has decided to postpone the specific selection of the "Obama-Kyoto route" within the year, making it difficult to start construction within the targeted fiscal year. The reason given is that the top priority is to obtain the agreement of the local community.
2024-12-20 16:32:00
The Ministry of Internal Affairs and Communications decided on the 20th to add numbers beginning with "060" to the list of mobile phone numbers. After the telecommunications carriers have completed their adjustments, the numbers will be gradually available from July of the year after next.
2024-12-20 16:19:00
On the 20th, the Tokyo Stock Exchange and the Nikkei Stock Average fell slightly.
2024-12-20 15:26:00
In an effort to strengthen economic ties between Japan and Ukraine, which is currently under military invasion by Russia, and to support local reconstruction efforts, Ukrainians living in Japan have established a chamber of commerce, and its first meeting was held in Tokyo on the 20th.
2024-12-20 14:13:00
Regarding the review of the "1.03 million yen annual income barrier," the Liberal Democratic Party, Komeito and the Democratic Party for the People have agreed that the chairmen of the Policy Research Council and the Tax System Research Council will meet next week to continue discussions on how to handle the deduction amount, which the ruling coalition plans to raise to 1.23 million yen.
2024-12-20 13:45:00
Regarding the extension of the Hokuriku Shinkansen to Shin-Osaka, the ruling party's project team committee has decided to postpone the selection of the final route plan for the "Obama-Kyoto Route" this year. Senator Masashi Nishida, who serves as the committee chairman, told reporters that the reason for this is the lack of understanding from the local community, and that it is now difficult to start construction within the targeted fiscal year 2025.
2024-12-20 12:50:00
Regarding the continued sharp rise in rice prices, Agriculture, Forestry and Fisheries Minister Eto stated at a press conference after the Cabinet meeting that one of the reasons behind this is the heated competition among rice collectors to secure new rice.
2024-12-20 12:36:00
On the 20th, the Nikkei Stock Average on the Tokyo Stock Exchange rose slightly.
2024-12-20 12:21:00
Regarding next year's tax reform, the Liberal Democratic Party and the Komeito Party each held meetings of their Tax System Research Councils and approved a tax reform outline that includes revising the "1.03 million yen annual income barrier" and raising the deduction amount to 1.23 million yen.
2024-12-20 12:06:00
On the 20th, the Tokyo foreign exchange market saw a trend of selling yen and buying dollars due to the view that the Bank of Japan would be cautious about further interest rate hikes, and the yen temporarily fell to the high 157 yen range against the dollar.
2024-12-20 11:42:00
The Consumer Price Index for November, which looks at the price movements of goods and services consumed at home, excluding fresh food, which is highly volatile due to weather, rose 2.7% from the same month last year. Of this, the increase in "rice" was the largest to date.
2024-12-20 11:34:00
Regarding the ongoing discussions between Honda and Nissan Motor Co., Ltd. toward a business integration, Minister of Economy, Trade and Industry Muto expressed a positive view of cooperation between the companies to strengthen their competitiveness at a press conference after the Cabinet meeting.
2024-12-20 11:17:00
Regarding next year's tax reform, the Liberal Democratic Party and the Komeito Party each held meetings of their Tax System Research Councils and approved a tax reform outline that includes revising the "1.03 million yen annual income barrier" and raising the deduction amount to 1.23 million yen.
2024-12-20 08:50:00
The Consumer Price Index for November, which tracks the price movements of goods and services consumed at home and excludes fresh food, which is subject to large fluctuations due to weather, rose 2.7% from the same month last year, up 0.4 percentage points from October's 2.3% increase.
2024-12-20 07:01:00
On the 19th, the Bank of Japan released a "multifaceted review" that analyzed the effects of the unconventional monetary policies it has implemented over the past 25 years, including its negative interest rate policy. While these policies have been effective in boosting the economy and prices, they have also brought about side effects in the financial markets, and the Bank of Japan, which aims to raise interest rates further in the future, will need to keep an eye on these side effects as it manages its policies.
2024-12-20 06:59:00
On the 19th, the New York Stock Exchange saw buying orders for major IT and semiconductor-related stocks, and the Dow Jones Industrial Average rose for the first time in 11 trading days.
2024-12-20 02:12:00
On the 19th, in the New York foreign exchange market, comments by Bank of Japan Governor Ueda led to a widespread view that the Bank of Japan was cautious about further interest rate hikes, and awareness of the interest rate differential between Japan and the US led to a trend of selling yen and buying dollars, with the yen temporarily dropping to the upper 157 yen range per dollar. This is the weakest level for the yen in about five months since mid-July of this year. A market insider said, "The content of the press conference by Federal Reserve Chairman Powell of the US Federal Reserve Board (FRB) has led to a growing view that the pace of interest rate cuts by the FRB will slow down in the future, which is also leading to a trend of selling yen and buying dollars."
