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

Economic news(2025/02/13)


Kyoto   Hakone

[Details] Honda and Nissan terminate business integration talks

2025-02-13 22:31:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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Oki Electric Industry to participate in joint venture with Ricoh and Toshiba Tec to produce multifunction copiers

2025-02-13 20:48:00
Oki Electric Industry Co., Ltd. announced that it will participate in a joint venture company jointly established by Ricoh and Toshiba Tec Corporation, a subsidiary of Toshiba, to develop and manufacture multifunction copiers and other products. As the trend toward paperless systems progresses and demand for multifunction copiers declines, the move toward business restructuring is underway.

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Sony Group's sales and operating profits hit record highs from April to December last year

2025-02-13 20:23:00
Sony Group's financial results for the nine months from April to December 2024 showed record sales and operating profits for this period, thanks in part to strong performance in its game and music businesses.

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Next season's fishing quota for Japanese flying squid to be reduced by more than 70%, while new quotas for yellowtail to be set

2025-02-13 20:22:00
In order to protect resources, catch limits for next season have been set for Japanese flying squid and yellowtail caught around Japan. The catch of Japanese flying squid will be reduced by more than 70% from this season, and a new catch limit will be set for yellowtail.

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Honda's April-December sales and operating profits hit record highs, but net profits fell

2025-02-13 20:16:00
Honda's group-wide financial results for the period from April to December last year showed that operating profit, which represents sales and profits from its core business, was the highest ever due to price increases, but final profits declined due to factors such as declining sales in the Chinese market, where electric vehicles (EVs) are becoming more popular.

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[Details] Honda and Nissan terminate business integration talks

2025-02-13 19:58:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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Spring labor offensive: Major electronics companies' unions demand a 17,000 yen monthly wage increase equivalent to the base pay increase

2025-02-13 19:33:00
In this year's spring labor offensive, the focus is on making wage increases permanent, and labor unions at major electronics companies have each submitted demands to management asking for a monthly wage increase of 17,000 yen, equivalent to a base pay increase, and labor-management negotiations are now in full swing.

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[Details] Honda and Nissan terminate business integration talks

2025-02-13 19:03:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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Mitsubishi UFJ Bank President Hanzawa to be next chairman of Japan Bankers Association

2025-02-13 18:39:00
It has been decided that Junichi Hanzawa, president of Mitsubishi UFJ Bank, will take up the post of chairman of the Japanese Bankers Association in April of this year. Although the appointment of the chairman is usually made in the previous year, this time it appears that the decision was delayed due to the theft from a safe deposit box by a former bank employee.

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Yen falls as dollar buys on view that "the pace of US interest rate cuts will be gradual"

2025-02-13 18:26:00
On the Tokyo foreign exchange market on the 13th, the US Consumer Price Index for last month exceeded market expectations, and the Federal Reserve Board's pace of interest rate cuts was expected to slow down, leading to a widespread buying of dollars and a fall in the value of the yen.

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[Live] Honda and Nissan end merger talks

2025-02-13 18:09:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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[Commentary] Why Honda and Nissan terminated merger talks

2025-02-13 17:03:00
Honda and Nissan Motor Co., Ltd. decided to end discussions on a business integration at a board meeting on the 13th, and the business integration between Japan's leading automakers did not come to fruition. Why did they end the discussions? What is the cooperative relationship between the two companies? What is Honda's future strategy? How will Nissan try to turn things around? This is an explanation by Keita Suzuki, a reporter in the Automotive section of the Economic Department.

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[Live] Honda and Nissan end merger talks

2025-02-13 16:53:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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Prime Minister Ishiba acquires US Steel "Create an environment where people can invest with confidence"

2025-02-13 16:49:00
Regarding Nippon Steel's plan to acquire U.S. Steel, Prime Minister Ishiba stated that the specific investment ratio was not discussed at the recent Japan-U.S. summit meeting, but expressed his intention to encourage communication between the parties involved as necessary and to work to create an environment in which companies from both countries can invest with confidence.

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[Details] Honda and Nissan terminate business integration talks

2025-02-13 15:56:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions on a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between the two major Japanese automobile companies did not come to fruition.

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Stock prices rise as yen weakens, leading to buying orders for export-related stocks

2025-02-13 15:51:00
On the 13th, the Nikkei average rose as buying orders came in, mainly for export-related stocks such as automobiles, due to the yen's weakening in the Tokyo stock market and foreign exchange market.

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Honda and Nissan terminate merger talks

2025-02-13 15:11:00
Honda and Nissan Motor Co., Ltd. decided to terminate discussions toward a business integration at a board meeting on the 13th. This was because Nissan did not accept Honda's proposal to make Nissan a subsidiary, deepening the rift between the two companies, and the business integration between Japan's leading automakers did not come to fruition.

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Stock prices rise by more than 600 yen, with buying orders focused on export-related stocks

2025-02-13 14:30:00
On the 13th, the Nikkei average rose by more than 600 yen at one point. As the yen weakened in the foreign exchange market, dropping to the 154 yen range against the dollar, buy orders were placed on a wide range of stocks, mainly export-related stocks such as automobiles.

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Rengo to hold nationwide telephone consultation session for workplace problems and worries ahead of end of fiscal year

2025-02-13 14:14:00
With the end of the fiscal year approaching, when there is a risk of an increase in terminations of employment and encouragement to resign, a federation of labor unions is holding nationwide telephone consultation sessions to respond to problems and concerns in the workplace.

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Financial Affairs Council's new fiscal year budget proposal: "Pay close attention to discussions to avoid becoming too general"

2025-02-13 13:59:00
At a meeting held on the 13th, the Fiscal System Council, an advisory body to the Minister of Finance, expressed the opinion that it is necessary to keep a close eye on discussions between the ruling and opposition parties regarding revisions to the new fiscal year's budget proposal, so as not to end up with a one-size-fits-all budget.

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LDP spring offensive in full swing: Calls on business community to "achieve wage increases above last year's"

2025-02-13 13:56:00
As spring labor negotiations get underway in earnest, the Liberal Democratic Party has called on the business community to achieve wage increases that exceed last year's levels.

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Nippon Steel's US Steel investment deal comes into focus in negotiations

2025-02-13 12:19:00
Following President Trump's intention to hold talks with Nippon Steel executives regarding Nippon Steel's plan to acquire U.S. Steel, company executives departed for the U.S. on the 12th. They are expected to proceed with coordination with the U.S. government while in the U.S., and with the president expressing his view that he cannot hold a majority stake in U.S. Steel, the focus of negotiations will be on the nature of the investment and the scale of the investment.

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Stock prices rise by more than 500 yen. Buying orders mainly for export-related stocks.

2025-02-13 12:03:00
On the 13th, the Nikkei average rose by more than 500 yen as buying orders came in mainly for export-related stocks such as automobiles in response to the yen's weakening in the Tokyo stock market and foreign exchange market.

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Honda and Nissan board of directors today to decide to terminate merger talks

2025-02-13 11:45:00
Honda and Nissan Motor Co., Ltd. will decide to terminate discussions on a business integration at their respective board of directors meetings on the 13th. Both companies plan to explain the circumstances at their financial results conferences on the afternoon of the 13th, and Nissan, whose performance is deteriorating, is scheduled to have its President Makoto Uchida present the progress of its business restructuring measures.

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January Corporate Price Index increased 4.2% year-on-year

2025-02-13 10:54:00
The Corporate Price Index in January, which indicates the prices of goods traded between companies, rose 4.2% compared to the same month last year, due to rising rice prices and electricity bills.

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Long-term interest rates: Government bond yields rise to 1.37% at one point, the highest level in 14 years and 10 months

2025-02-13 10:48:00
In the bond market on the 13th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, rose to 1.37% at one point, the highest level in 14 years and 10 months since April 2010. The US Consumer Price Index for last month exceeded market expectations, and there is a growing view that interest rates will remain high.

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The yen fell to the 154 yen range against the dollar on the Tokyo foreign exchange market.

2025-02-13 10:03:00
On the Tokyo foreign exchange market on the 13th, the US Consumer Price Index for January exceeded market expectations, and the view that the Federal Reserve Board will slow its pace of interest rate cuts led to a widespread buying of dollars, with the yen dropping to the 154 yen range per dollar. A market insider said, "Dollar buying has become dominant due to the view that the pace of the Fed's interest rate cuts will slow. Meanwhile, the rise in Japan's Corporate Price Index for January, which was just announced, has led to a move to buy yen."

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January Corporate Price Index increased 4.2% year-on-year

2025-02-13 09:01:00
The CGPI, which measures the prices of goods traded between companies, rose 4.2% in January compared to the same month last year, up from 3.9% in the previous month.

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New York market: Yen exchange rate temporarily weakens to the upper 154 yen range against the dollar

2025-02-13 06:14:00
On the 12th in the New York foreign exchange market, the US Consumer Price Index for January exceeded market expectations, leading to a growing trend to sell yen and buy dollars, with the yen briefly reaching the high 154 yen range per dollar.

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Nippon Steel's US Steel investment deal comes into focus in negotiations

2025-02-13 05:03:00
Following President Trump's intention to hold talks with Nippon Steel executives regarding Nippon Steel's plan to acquire U.S. Steel, company executives departed for the U.S. on the 12th. They are expected to proceed with coordination with the U.S. government while in the U.S., and with the president expressing his view that he cannot hold a majority stake in U.S. Steel, the focus of negotiations will be on the nature of the investment and the scale of the investment.

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Honda and Nissan board of directors today to decide to terminate merger talks

2025-02-13 04:52:00
Honda and Nissan Motor Co., Ltd. will hold board meetings on the 13th to decide whether to terminate discussions on a business integration. Both companies will be forced to review their strategies, but the big focus is on whether Nissan, whose performance is deteriorating, can put together specific measures to turn around its business and steadily implement them.

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Kyoto   Mt.Fuji


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