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

Economic news(2025/02/26)


Kyoto   Hakone

Automakers set up development centers in urban areas where IT companies gather to attract engineers

2025-02-26 20:58:00
In order to accelerate the development of next-generation cars equipped with self-driving functions and artificial intelligence, automakers are opening new software research and development centers in urban areas where IT companies are concentrated, in order to recruit engineers.

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Vegetable and rice prices remain high, with average prices of cabbage and other produce more than double the average

2025-02-26 19:30:00
The average price of Chinese cabbage and cabbage sold at supermarkets and other stores exceeded double the average price last week and continues to be high. The Ministry of Agriculture, Forestry and Fisheries says that this is due to the lack of rain this winter, and that they will be closely monitoring the impact of future weather conditions.

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Japan Post announces acquisition of logistics company Tonami Holdings

2025-02-26 19:19:00
Japan Post has announced that it will acquire Tonami Holdings, a logistics company headquartered in Toyama Prefecture. With its postal and logistics business in the red, the acquisition is aimed at strengthening its business for corporate customers and improving profits.

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Japan Post to sell off shares in Japan Post Bank to bring stake below 50%

2025-02-26 19:05:00
It has been learned that Japan Post is adjusting its stake in Japan Post Bank to a level where its investment ratio falls below 50%. This will allow Japan Post Bank to relax the restrictions on new business under the Postal Privatization Act, and it aims to increase the speed of its management.

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The yen temporarily fell to the 148 yen range against the dollar due to concerns about the future of the U.S. economy.

2025-02-26 18:45:00
On the 26th in the Tokyo foreign exchange market, the yen strengthened against the dollar, reaching a level of 148 yen per dollar, due to concerns about the future of the US economy. However, there was then an intensified sell-off of the appreciated yen, and the yen fell slightly compared to the 25th.

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The average price of a new apartment last year exceeded 60 million yen for the first time, breaking a record high

2025-02-26 18:07:00
The average price of new condominiums released nationwide last year was 60.82 million yen, exceeding 60 million yen for the first time and setting a new record high.

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G20 Finance Ministers and Central Bank Governors Meeting Begins, Global Economic Outlook Discussed

2025-02-26 18:02:00
The G20 Finance Ministers and Central Bank Governors Meeting has begun in South Africa. The first day focused on the global economy, with the leaders discussing the outlook and risks for the near future as US President Trump sets out new tariff policies.

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Vegetable and rice prices remain high, with average prices of cabbage and other produce more than double the average

2025-02-26 17:40:00
The average price of Chinese cabbage and cabbage sold at supermarkets and other stores exceeded double the average price last week and continues to be high. The Ministry of Agriculture, Forestry and Fisheries says that this is due to the lack of rain this winter, and that they will be closely monitoring the impact of future weather conditions.

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Average price of rice at supermarkets continues to rise to 3,892 yen per 5 kg

2025-02-26 17:10:00
The average price of rice at supermarkets nationwide, as compiled by the Ministry of Agriculture, Forestry and Fisheries, was 3,892 yen per 5 kg for the week ending on the 16th of this month, up 62 yen from the previous week. The price of rice at stores has continued to rise this month, and is up by more than 90% compared to a year ago.

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Stock prices fall as worsening U.S. economic indicators cause concern over future economic outlook

2025-02-26 16:15:00
On the 26th, the Tokyo stock market saw the Nikkei average fall as investors became wary of the future of the economy following worsening economic indicators announced in the United States.

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Bottled milk, popular for nearly 100 years since the Meiji era, will be discontinued at the end of March

2025-02-26 16:13:00
Meiji, a major food manufacturer, will end sales of bottled milk and coffee drinks at the end of March. Due to declining demand and difficulties in procuring bottles, they will switch to selling them in paper containers from April onwards.

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Average price of rice at supermarkets continues to rise to 3,892 yen per 5 kg

2025-02-26 15:46:00
The average price of rice at supermarkets nationwide, as compiled by the Ministry of Agriculture, Forestry and Fisheries, was 3,892 yen per 5 kg for the week ending on the 16th of this month, up 62 yen from the previous week. The price of rice at stores has continued to rise this month, and is up by more than 90% compared to a year ago.

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Apple rejects proposal to abolish DEI at shareholder meeting, emphasizing emphasis on diversity

2025-02-26 13:44:00
Amid a series of reviews of diversity initiatives (DEI) in the United States, IT giant Apple rejected a shareholder proposal at its general shareholders meeting to abolish DEI initiatives, emphasizing its continued emphasis on diversity.

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United Steelworkers: "US Steel puts pressure on members over proposed acquisition"

2025-02-26 12:59:00
The American steel industry union has announced that it has filed a lawsuit against U.S. Steel, which is being planned for acquisition by Nippon Steel Corporation, alleging that it has pressured union members to suppress opposition to the plan.

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Fuji TV to hold board meeting on 27th, president says "This will be the first milestone"

2025-02-26 12:33:00
Fuji TV and its parent company will hold a regular board meeting on the 27th. Fuji TV President Kenji Shimizu told reporters on the morning of the 26th, "I hope this will be the first milestone," indicating his intention to put forward as many measures as possible that are being considered internally.

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Stock price falls below 38,000 yen for the first time in about three months

2025-02-26 12:06:00
On the Tokyo stock market on the 26th, the Nikkei average fell due to concerns about the future of the US economy, falling below 38,000 yen during trading hours for the first time in approximately three months since December 2nd of last year.

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Yen temporarily rises to 148 yen range following announcement of worsening U.S. economic indicators

2025-02-26 11:54:00
On the 26th, in the Tokyo foreign exchange market, there was an intensified trend of selling dollars due to concerns about the future of the economy following the worsening economic indicators announced in the United States, and the yen temporarily rose to the 148 yen range per dollar.

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Average price of rice at supermarkets continues to rise to 3,892 yen per 5 kg

2025-02-26 11:25:00
The average price of rice at supermarkets nationwide, as compiled by the Ministry of Agriculture, Forestry and Fisheries, was 3,892 yen per 5 kg for the week ending on the 16th of this month, up 62 yen from the previous week. The price of rice at stores has continued to rise this month, and is up by more than 90% compared to a year ago.

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Toyota to make half of board members outside directors to stimulate discussion

2025-02-26 05:10:00
Toyota Motor Corporation has announced a proposed structure in which half of its board members will be outside directors, aiming to strengthen the company's oversight function and to stimulate discussion at board meetings as the auto industry undergoes a period of transformation.

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Aviation College to establish first quota for women to address pilot shortage

2025-02-26 05:03:00
In an effort to address the pilot shortage, the Ministry of Land, Infrastructure, Transport and Tourism has decided to create a quota for women for the first time at the Civil Aviation College, which trains pilot candidates, from the 2027 admissions intake. The Civil Aviation College is the only public training institution in Japan, and trains approximately 40% of the country's pilot candidates.

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G20 Finance Ministers and Central Bank Governors Meeting Begins Today in South Africa

2025-02-26 04:46:00
The G20, or the meeting of finance ministers and central bank governors of the 20 major countries, will begin in South Africa on the evening of the 26th, Japan time. With US President Trump announcing new tariff policies and hinting at withdrawal from international tax rules, the focus is on whether the G20 can demonstrate a cooperative stance toward the growth of the global economy.

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New York foreign exchange market: Yen exchange rate temporarily reaches 148 yen range, highest level in about four and a half months

2025-02-26 02:58:00
On the 25th, the New York foreign exchange market saw the yen temporarily rise to the mid-148 yen range against the dollar. This was the highest yen-dollar exchange rate in about four and a half months since October 2024. The index of American consumer confidence released on the same day fell short of market expectations, raising concerns among investors about the future of the economy, and they sold dollars and bought yen. A market insider said, "Indicators of American business and consumer confidence have been deteriorating one after another since last week, against the backdrop of uncertainty surrounding the Trump administration's tariff policy, and speculation is beginning to spread that the Federal Reserve will resume interest rate cuts."

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Kyoto   Mt.Fuji


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