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

Economic news(2025/02/25)


Kyoto   Hakone

ANA Holdings to purchase 77 new aircraft to strengthen international operations

2025-02-25 21:13:00
ANA Holdings, a major airline, has announced that it will purchase 77 new aircraft to strengthen its international route business, which is expected to grow. The total purchase amount is approximately 2 trillion yen, making it the largest single order to date.

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Insurance Review Honpo temporarily closed for inspection due to system failure caused by cyber attack

2025-02-25 20:26:00
The company that runs the major insurance agency "Hoken Minaoshi Honpo" announced that it had been hit by a cyber attack using a ransomware virus, causing problems with its internal systems. It is investigating whether customer information has been leaked and is temporarily closing over 250 stores nationwide to conduct inspections.

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Trump's tariff measures: Automobile industry group "excludes Japanese cars"

2025-02-25 20:22:00
As U.S. President Trump launches a series of tariff measures on imported goods, a meeting was held on the 25th to exchange views between the government and industry groups for the automobile and steel industries. The automobile industry group called for lobbying the U.S. to exclude Japanese cars from the tariff measures. In response to President Trump's announcement of new tariff measures on automobiles, steel products, and aluminum imported into the U.S., Minister of Economy, Trade and Industry Muto held a meeting to exchange views with the respective industry groups on the 25th.

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Iron and Steel Federation Chairman Concerned about U.S. tariff policy, excessive Chinese exports

2025-02-25 19:53:00
Regarding U.S. President Trump's indication of a plan to impose a 25% tariff on steel products, Tadashi Imai, chairman of the Japan Iron and Steel Federation, said that if protectionist moves spread, it will lead to excessive exports of Chinese products to other countries, further exacerbating the slump in the steel market, and expressed his desire to discuss countermeasures with the Japanese government.

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Department store sales in January exceed those of the same month last year despite first sales being delayed by one day

2025-02-25 18:54:00
Sales at department stores across the country in January were more than 5% higher than the same month in 2024, due to increased sales of lucky bags and sales to foreign tourists, although many stores delayed their first sales by one day.

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Yen rises by more than 1 yen due to uncertainty over the outlook for the US economy

2025-02-25 18:36:00
On the 25th, in the Tokyo foreign exchange market, uncertainty about the future of the US economy led to a trend of selling dollars and buying yen, causing the yen to rise by more than 1 yen.

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Nippon Steel's president to hold talks with President over US Steel acquisition plan

2025-02-25 17:52:00
Nippon Steel Corporation President Tadashi Imai indicated that he would like to enter into negotiations with President Trump with the current acquisition plan of the American company "U.S. Steel" as a starting point. However, President Trump has indicated that he will not allow Nippon Steel to own a majority stake in U.S. Steel, and the focus is on how to reach a compromise in future negotiations.

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Osaka Kansai Expo to introduce easy-to-use e-ticket procedures - Expo Association

2025-02-25 16:48:00
In order to promote ticket sales for the Osaka-Kansai Expo, the Expo Association will sell same-day tickets at the entrance gates and will also introduce new electronic tickets to simplify the purchasing process.

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"85.2% of companies plan to raise wages in the new fiscal year," but the impact on small and medium-sized companies is a challenge in the spring labor offensive

2025-02-25 12:52:00
This year's spring labor offensive is in full swing, and a private survey has found that over 85% of companies plan to raise wages in the new fiscal year. However, less than 10% of small and medium-sized enterprises plan to implement a wage increase of "6% or more," as set forth by the labor union federation, making spreading this to other small and medium-sized enterprises a challenge. The second half of the article reports on examples of small and medium-sized enterprises' efforts to raise wages.

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Nikkei average temporarily falls by more than 600 yen due to Nasdaq fall and strong yen

2025-02-25 09:27:00
On the 25th, the Tokyo Stock Exchange, the Nikkei average temporarily dropped by more than 600 yen. On the 24th, the Nasdaq stock index, which is dominated by high-tech stocks, fell in the New York market, and the yen strengthened in the foreign exchange market, trading at around 149 yen to the dollar, leading to a rise in sell orders, particularly for semiconductor- and export-related stocks.

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Apple to invest 75 trillion yen in the U.S. over four years to expand production under Trump administration

2025-02-25 06:50:00
IT giant Apple has announced plans to invest $500 billion in the United States over the next four years, or more than 75 trillion yen in Japanese yen. This makes clear the company's intention to expand production in the United States under the Trump administration.

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Unrealized losses of regional banks nationwide total 2.7 trillion yen at the end of the year, about 1.5 times the amount recorded at the same time last year

2025-02-25 05:18:00
Due to the fall in bond prices accompanying rising interest rates, unrealized losses on bonds, investment trusts and other securities held by regional banks across the country have ballooned to 2.7 trillion yen as of the end of last year, roughly 1.5 times the amount at the same time the previous year.

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There is a growing trend to extend mortgage repayment periods to 40 or 50 years

2025-02-25 05:09:00
With rising housing prices as a backdrop, there has been a growing trend to extend mortgage repayment periods from the standard 35 years to 40 or 50 years.

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Bic Camera to be advised by Japan Fair Trade Commission over violation of subcontracting law, including unfairly reducing wages by 500 million yen

2025-02-25 05:02:00
It has been learned through interviews with related parties that the Japan Fair Trade Commission has decided to soon determine that major electronics retailer Bic Camera has violated the Subcontracting Act by improperly deducting approximately 500 million yen from the order amount to a subcontractor to manufacture the company's original products, and to issue a recommendation calling for the company to prevent recurrence.

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