Economic news(2025/01/23)
Fuji TV decides to set up third-party committee to hold press conference on 27th [details]
2025-01-23 21:59:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV and its parent company Fuji Media Holdings held an emergency board meeting on the 23rd and decided to set up an independent third-party committee to examine whether there had been any problems with the way things had been handled up until now. Fuji TV will also hold another open press conference on the afternoon of the 27th of this month to explain how it will respond going forward. An uncut video of Fuji Media HD President Kanemitsu Osamu's comments in response to questions from members of the press is presented below. The second half of the article also includes a list of companies that have decided to suspend commercials from Fuji TV programs.
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Fuji TV decides to set up third-party committee to hold press conference on 27th [details]
2025-01-23 20:48:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV and its parent company Fuji Media Holdings held an emergency board meeting on the 23rd and decided to set up an independent third-party committee to examine whether there had been any problems with the way things had been handled up until now. Fuji TV will also hold another open press conference on the afternoon of the 27th of this month to explain how it will respond going forward. An uncut video of Fuji Media HD President Kanemitsu Osamu's comments in response to questions from members of the press is presented below. The second half of the article also includes a list of companies that have decided to suspend commercials from Fuji TV programs.
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Davos Conference: Lively discussions including concerns over Trump administration policies
2025-01-23 19:27:00
As U.S. President Trump pushes ahead with policy changes in a wide range of areas, including the economy and climate change measures, lively discussions are taking place at the Davos Forum, which brings together the world's top political and business leaders, including concerns about Trump's policies.
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[Breaking News] Fuji TV decides to set up third-party committee to hold press conference on 27th
2025-01-23 19:26:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV and its parent company Fuji Media Holdings held an emergency board meeting on the 23rd and decided to set up an independent third-party committee to examine whether there had been any problems with the way things had been handled up until now. Fuji TV will also hold another open press conference on the afternoon of the 27th of this month to explain how it will respond going forward. An uncut video of Fuji Media HD President Kanemitsu Osamu's comments in response to questions from members of the press is presented below. The second half of the article also includes a list of companies that have decided to suspend commercials from Fuji TV programs.
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[Breaking News] Fuji TV decides to set up third-party committee to hold press conference on 27th
2025-01-23 19:15:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV and its parent company Fuji Media Holdings held an emergency board meeting on the 23rd and decided to set up an independent third-party committee to examine whether there were any problems with the way things have been handled so far. Fuji TV will also hold another open press conference on the afternoon of the 27th of this month to explain how it will respond going forward. We are reporting the latest information in a breaking news report. In the second half of the article, we introduce a list of companies that have decided to suspend commercials from Fuji TV programs.
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Monthly economic report for January: "Some signs of stagnation but gradual recovery" - basic assessment maintained
2025-01-23 19:10:00
In its monthly economic report for January, the government maintained its basic assessment of the current economic situation, stating that "the economy is recovering slowly, although some areas remain sluggish."
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Yen falls as tariffs spur further inflation in the US
2025-01-23 18:33:00
On the 23rd, the Tokyo foreign exchange market saw the yen fall in value as investors bought dollars and sold yen due to the view that President Trump's tariff policy would accelerate inflation in the United States.
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Minister of Economy, Trade and Industry visits TSMC Kumamoto plant, confirms construction of planned second plant to begin by March
2025-01-23 18:27:00
Minister of Economy, Trade and Industry Muto visited the Kumamoto Prefecture factory where Taiwanese semiconductor giant TSMC has started full-scale operations for the first time in Japan, and confirmed that construction of the planned second factory will begin by March of this year as originally scheduled.
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30% of Japanese companies respond negatively to Trump administration due to concerns about tariffs
2025-01-23 18:18:00
NHK conducted a survey of 100 major Japanese companies regarding the impact of the new Trump administration, which took office on January 20th. Thirty percent of the companies that responded said that the new administration had a "negative" or "somewhat negative" effect on their business and profits. Some companies have already begun to take action.
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[Breaking News] Fuji TV decides to set up third-party committee to hold press conference on 27th
2025-01-23 18:10:00
Following a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV and its parent company Fuji Media Holdings held an emergency board meeting on the 23rd and announced that they would set up an independent third-party committee in accordance with the guidelines of the Japan Federation of Bar Associations (JFBA) to investigate the facts and the company's response. Fuji TV will hold a press conference on the afternoon of the 27th of this month to explain how they will respond. We are providing the latest information in our breaking news.
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The Bank of Japan will consider raising the policy interest rate to around 0.5% at its meeting on the 24th.
2025-01-23 18:09:00
The Bank of Japan's monetary policy meeting began on the 23rd. In preparation for further interest rate hikes, the BOJ has been closely monitoring the policies that US President Trump will put forward immediately after his inauguration and movements in the financial markets, but many believe that there will be no significant impact on the current economic and price outlook, and the BOJ is expected to consider raising the policy interest rate to around 0.5% at the meeting on the 24th.
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The average price of a new apartment in the Tokyo metropolitan area last year was 78.2 million yen, lower than the previous year
2025-01-23 17:40:00
The average price of new apartments released in the Tokyo metropolitan area last year was 78.2 million yen, slightly lower than the previous year. Meanwhile, the number of units released was the lowest since the survey began.
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Davos Conference: Lively discussions including concerns over Trump administration policies
2025-01-23 17:16:00
As U.S. President Trump pushes ahead with policy changes in a wide range of areas, including the economy and climate change measures, lively discussions are taking place at the Davos Forum, which brings together the world's top political and business leaders, including concerns about Trump's policies.
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Electrical union demands wage increase of more than 17,000 yen in spring labor offensive, highest level ever
2025-01-23 17:01:00
The Electrical Union, which is made up of labor unions from major electronics manufacturers and other companies, has decided to seek a monthly wage increase of more than 17,000 yen, the highest level ever, equivalent to a base increase, in this year's spring labor offensive.
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Last year, the number of new NISA accounts opened at major securities firms increased by 1.5 times from the previous year to over 3.4 million
2025-01-23 16:44:00
The number of new NISA accounts opened at major securities firms in the past year was just over 3.4 million, 1.5 times the number from the previous year, suggesting that the expansion of NISA has led to a broadening of the base of individual investors.
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[Breaking News] Fuji Media Holdings discusses setting up third-party committee
2025-01-23 16:32:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV's parent company, Fuji Media Holdings, will hold an emergency board meeting on the afternoon of the 23rd to discuss the establishment of an independent third-party committee, as requested by major shareholders, to examine whether there have been any problems with the way the matter has been handled up until now. We are reporting the latest information in our breaking news.
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Nationwide supermarket sales for the past year increased 2.7% year-on-year, but the number of items purchased decreased
2025-01-23 16:32:00
Sales at major supermarkets across the country increased by 2.7% over the previous year due to price hikes on processed foods and on retail prices of rice, vegetables, etc. However, successive price hikes have led to consumers becoming more frugal, and the number of items purchased per person continues to decline.
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Zenroren to demand wage increase of 10% or more, or 32,000 yen per month, in spring labor offensive
2025-01-23 16:16:00
In this year's spring offensive, the labor organization Zenroren has decided to demand a wage increase of at least 10%, or at least 32,000 yen per month. This is the highest demand to date, and they are prepared to go on strike to protect the lives of workers from soaring prices.
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[Breaking News] Fuji Media Holdings discusses setting up third-party committee
2025-01-23 16:15:00
In response to a weekly magazine report alleging that Fuji TV employees were involved in trouble between entertainer Nakai Masahiro and a woman, Fuji TV's parent company, Fuji Media Holdings, will hold an emergency board meeting on the afternoon of the 23rd to discuss the establishment of an independent third-party committee, as requested by major shareholders, to examine whether there have been any problems with the way the matter has been handled up until now. We are reporting the latest information in our breaking news.
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Stock price temporarily recovers to the 40,000 yen range for the first time in about two weeks
2025-01-23 16:09:00
On the 23rd, the Tokyo stock market saw the Nikkei average temporarily recover to the 40,000 yen range for the first time in about two weeks, as semiconductor and export-related stocks were bought due to expectations that AI-related investment would become more active in the future and the yen's depreciation in the foreign exchange market.
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Davos Conference: Lively discussions including concerns over Trump administration policies
2025-01-23 15:38:00
As U.S. President Trump pushes ahead with policy changes in a wide range of areas, including the economy and climate change measures, lively discussions are taking place at the Davos Forum, which brings together the world's top political and business leaders, including concerns about Trump's policies.
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Stock price temporarily recovers to the 40,000 yen range for the first time in about two weeks
2025-01-23 14:15:00
On the 23rd, the Tokyo Stock Exchange saw the Nikkei average temporarily recover to the 40,000 yen range for the first time in about two weeks during trading hours, following the trend of major stock price indexes rising on the 22nd New York Stock Exchange due to the view that AI-related investments will become more active. One factor behind the rise in stock prices is the somewhat weakening yen in the foreign exchange market, and buying orders are spreading for semiconductors and export-related stocks.
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Linear Chuo Shinkansen tunnel construction resumes in Machida, Tokyo JR Central
2025-01-23 12:59:00
Construction of a tunnel for the Linear Chuo Shinkansen in Machida, Tokyo, which had been suspended due to water gushing out from a residential garden, has been put on hold, with JR Central putting together measures to prevent a recurrence and resuming construction on the 23rd. Construction will continue carefully while taking measures.
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Stock prices rise in the New York market due to the trend of active AI-related investment
2025-01-23 12:04:00
On January 23rd, the Tokyo Stock Exchange saw the Nikkei Stock Average rise, following the trend of major stock indexes rising on the New York Stock Exchange on the 22nd, due to the view that AI-related investment will become more active.
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NTT Docomo asks Fuji TV parent company to investigate and find cause
2025-01-23 12:01:00
Regarding the issue reported in a weekly magazine that Fuji Television employees were involved in a dispute between entertainer Nakai Masahiro and a woman, it has been learned that on the 22nd, NTT Docomo, a major shareholder of Fuji Television's parent company, Fuji Media Holdings, has asked the company to investigate the issue and determine the cause.
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Musk questions feasibility of massive AI investment plan: "Funding is not sufficient"
2025-01-23 10:47:00
In response to U.S. President Donald Trump's announcement that SoftBank and two other companies would make huge investments in AI, entrepreneur Elon Musk questioned the feasibility of the plan, saying it lacked sufficient financial resources.
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Last year's trade balance was in the red for the fourth consecutive year at 5.3326 trillion yen, but in December it was in the black for the first time in six months
2025-01-23 10:36:00
The trade balance, which is the difference between exports and imports, was a deficit of over 5.3 trillion yen last year. This is the fourth consecutive year of a deficit, but the deficit amount has shrunk by 44% compared to the year before.
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Last year's trade balance was in the red for the fourth consecutive year at 5.3326 trillion yen, but in December it was in the black for the first time in six months
2025-01-23 09:19:00
According to the trade statistics for last year (2024) released by the Ministry of Finance, the trade balance, which is exports minus imports, was a deficit of 5.3326 trillion yen. This is the fourth consecutive year that the trade balance has been in the red. The deficit has shrunk from just over 9 trillion yen in 2023, the year before. Also announced was the trade balance for last December, which was a surplus of 130.9 billion yen. This is the first time in six months that the trade balance has been in the black.
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Air Do postpones fleet renewal due to higher procurement costs than expected
2025-01-23 06:30:00
Hokkaido-based airline Air Do has decided to postpone the renewal of its small aircraft fleet, which was scheduled to begin in fiscal 2026, as the continued depreciation of the yen and other factors have led to aircraft procurement costs exceeding initial expectations.
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The Bank of Japan is expected to consider raising its policy interest rate to around 0.5%
2025-01-23 05:33:00
The Bank of Japan will hold a monetary policy meeting from the 23rd. In preparation for further interest rate hikes, the BOJ has been closely monitoring the policies that US President Trump will put forward immediately after his inauguration and movements in the financial markets, but many believe that there will be no significant impact on the current economic and price outlook, and it is expected that the environment for an interest rate hike has been established and that the BOJ will consider raising the policy interest rate to around 0.5%.
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