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

Economic news(2025/02/05)


Kyoto   Hakone

Three major securities firms report April-December fiscal year results, with profits increasing sharply as stock prices rise

2025-02-05 21:55:00
The three major securities companies have compiled their financial results for the period from April to December 2024, and each company saw a significant increase in profits, due to the upward trend in stock prices, which led to an increase in assets held by customers and increased management fee income.

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China strongly criticizes US additional tariffs: "What is needed is equal dialogue and consultation"

2025-02-05 21:50:00
A spokesman for China's Foreign Ministry strongly criticized the Trump administration for imposing additional tariffs on imports from China, and said, "What is needed is equal dialogue and consultation, not unilateral additional tariffs," indicating a desire to resolve the issue through dialogue.

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London market: Yen strengthens to mid-152 yen range for first time in about two months

2025-02-05 21:48:00
On the 5th, on the London foreign exchange market, the yen strengthened to the mid-152 yen range against the dollar as investors became aware of further interest rate hikes by the Bank of Japan.

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KDDI promotes Hiroji Matsuda to new president; President Takahashi to chairman

2025-02-05 20:33:00
Telecommunications giant KDDI has announced that Executive Director Hiromichi Matsuda will succeed President Makoto Takahashi.

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Salary increase... Real wages are negative; calls for "wage increase"

2025-02-05 19:39:00
"Do you feel like you've had a wage increase?" The total amount of cash wages per worker last year increased at the highest rate in 33 years, but it did not keep up with the rise in prices, and real wages decreased by 0.2% compared to the year before, marking the third consecutive year of decline. In this situation, part-time and casual workers have joined together to start the "Non-regular Spring Offensive" to appeal for wage increases.

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Nissan board discusses Honda's proposal to make Nissan a subsidiary, but disagrees

2025-02-05 19:15:00
Nissan Motor, which is in talks with Honda about a business integration, held a board meeting on the 5th to discuss the proposal to make Nissan a subsidiary, which Honda had approached them about. According to a source, there were many opposing opinions, so the company plans to make a final decision by next week.

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Yen exchange rate rises to the low 153 yen range against the dollar, further interest rate hike in mind?

2025-02-05 18:28:00
On the 5th, in the Tokyo foreign exchange market, the yen rose to the low 153 yen range against the dollar as investors became aware of further interest rate hikes by the Bank of Japan following comments by cabinet ministers during Diet deliberations.

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Fuji Media Holdings' full-year earnings report for fiscal year ending March 2020: net profit forecast to fall 73% year-on-year

2025-02-05 18:21:00
Fuji Media Holdings, the parent company of Fuji Television, has announced that it expects its net profit for the full fiscal year ending in March to fall 73% from the previous fiscal year to 9.8 billion yen due to the suspension of commercial broadcasts.

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Salary increase... Real wages are negative; calls for "wage increase"

2025-02-05 18:05:00
"Do you feel like you've had a wage increase?" The total amount of cash wages per worker last year increased at the highest rate in 33 years, but it did not keep up with the rise in prices, and real wages decreased by 0.2% compared to the year before, marking the third consecutive year of decline. In this situation, part-time and casual workers have joined together to start the "Non-regular Spring Offensive" to appeal for wage increases.

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Fuji TV Vice Chairman and Japan Commercial Broadcasters Association Chairman Endo announces intention to step down from his position as chairman

2025-02-05 17:37:00
Following a series of issues surrounding Nakai Masahiro's troubles with women, Fuji Television Vice Chairman and Japan Commercial Broadcasters Association Chairman Endo Ryunosuke has announced his intention to step down from his position as chairman.

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Toyota Group's April to December last year operating profits fall for the first time in two years

2025-02-05 17:14:00
Toyota Motor's group-wide financial results for the period from April to December last year showed a decline in operating profit, which represents the profit from its core business, for the first time in two years due to a decline in sales in Japan in the wake of the certification fraud issue and expenses for supporting suppliers. On the other hand, for the business outlook for the current fiscal year, the company expects operating revenue, which corresponds to sales, to reach a record high of 47 trillion yen thanks to price hikes and the effects of the weak yen.

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Stock prices move slightly as investors take a wait-and-see approach ahead of the Japan-US summit

2025-02-05 16:09:00
On the 5th, the Nikkei Stock Average on the Tokyo Stock Exchange showed little movement.

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Mackerel catches "may be reduced by 70-80% from current quotas next season" - Fisheries Agency

2025-02-05 16:09:00
Regarding mackerel, whose catches have been declining, the Fisheries Agency has revealed a scenario in which the scientifically acceptable catch volume for the next season on the Pacific coast will be 70 to 80 percent lower than the current catch quota. The agency plans to decide on the actual catch quota next month, taking into account the opinions of fishermen and others.

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Japan Gas Association expects LNG prices to fall as U.S. plans to expand LNG exports

2025-02-05 15:41:00
Regarding U.S. President Trump's indication of a policy to expand exports of LNG (liquefied natural gas), Japan Gas Association Chairman Takashi Uchida expressed his hope that this will lead to a reduction in global LNG prices.

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Toyota Motor Group's April-December operating profit down 13.2%

2025-02-05 14:23:00
Toyota Motor's group-wide financial results for the period from April to December last year showed that operating profit, which represents the profit from its main business, fell 13.2% to 3.6794 trillion yen due to the impact of the certification fraud in Japan and the impact of declining sales in North America. In addition, operating revenue, which corresponds to sales, increased 4.9% from the same period last year to 35.6735 trillion yen, partly due to the boost effect of the weak yen, and final profit increased 3.9% to 4.1003 trillion yen.

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Google's parent company reports third-quarter earnings increase thanks to strong cloud services

2025-02-05 11:49:00
Alphabet, the parent company of Google, a major American IT company, reported increased revenue and profits for the three months to December last year, thanks to strong performance from its cloud services, which can be used by companies and others to develop generative AI.

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Construction of Chiba offshore wind power plant uncertain due to rising material prices

2025-02-05 11:36:00
Regarding the construction of an offshore wind power plant off the coast of Choshi City, Chiba Prefecture, it has been learned that a consortium consisting of Mitsubishi Corporation, the major trading company responsible for the project, has informed local stakeholders and the prefecture that there is no prospect of construction starting due to rising material prices.

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Last year's real wages were down for the third consecutive year, down 0.2% from the previous year

2025-02-05 08:35:00
Last year, the total amount of cash wages per worker increased at the highest rate in 33 years, but this was not enough to keep up with rising prices, and real wages decreased by 0.2% compared to the year before, marking the third consecutive year of decline.

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Guidelines established to combat "dark patterns" that mislead consumers

2025-02-05 07:33:00
Regarding "dark patterns" that lead consumers to make unfavorable decisions on websites and smartphone apps without their knowledge, a group of experts has formulated guidelines outlining the actions that companies are expected to take to ensure that consumers can use websites with peace of mind.

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New geothermal power generation "closed loop" attracts worldwide attention as it aims for commercialization

2025-02-05 06:04:00
A new method of geothermal power generation called "closed loop" is attracting attention. This technology generates electricity by artificially injecting water into high-temperature stratum, and some of Japan's major electric power companies are starting business in Europe this year.

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Prime Minister Ishiba exchanges views with female entrepreneurs, plans to improve the environment for regional revitalization

2025-02-05 05:09:00
Prime Minister Ishiba exchanged views with female entrepreneurs and expressed his intention to promote the creation of an environment in which women can start and work with peace of mind in order to revitalize regional areas. Participants expressed the opinion that "a framework is needed where women can seek advice on know-how and funding for starting a business."

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Offshore wind power generation: Government to work toward memorandum of understanding to deepen cooperation with UK government, a pioneer in offshore wind power generation

2025-02-05 04:50:00
It has been learned that the Japanese government is moving forward with negotiations to sign a memorandum of understanding to deepen cooperation with the government of the UK, a leader in offshore wind power generation, which is expected to be one of the pillars of expanding renewable energy. The aim is to use the UK's extensive knowledge and experience to expand its use in Japan.

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