Economic news(2025/03/03)
Ministry of Internal Affairs and Communications proposes first guidelines requiring online advertisers to understand where their ads are delivered
2025-03-03 20:52:00
In order to prevent internet advertising fees from becoming a source of revenue for malicious sites and facilitating the spread of false information, the Ministry of Internal Affairs and Communications has, for the first time, drawn up a draft guideline calling on advertisers to keep track of their advertising destinations by listing them.
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Seven & i Holdings President Isaka in final negotiations to step down
2025-03-03 20:26:00
Seven & i Holdings, which is currently receiving a takeover bid from a major Canadian convenience store chain, is reportedly making final arrangements for President Ryuichi Isaka, who has served as its top executive since 2016, to step down.
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Itochu Chairman: "The scheme was unreasonable" - Seven & i's delisting plan scrapped
2025-03-03 18:43:00
Regarding the cancellation of the founding family's plan to delist Seven & i Holdings, Chairman Masahiro Okafuji of Itochu Corporation, which had been considering investing in the company, said, "It's unfortunate, but the initial scheme was unreasonable," and expressed his opposition to the possibility of further investment.
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Yen exchange rate: Small fluctuations
2025-03-03 18:25:00
On the Tokyo foreign exchange market on the 3rd, active trading was refrained from as investors waited to gauge the Bank of Japan's future monetary policy, and the yen fluctuated little between the two currencies.
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How will President Trump's tariffs affect Japanese automakers?
2025-03-03 17:39:00
If the Trump administration in the United States implements tariffs on imports from Mexico and Canada, there are concerns that this will have an impact on Japanese automakers who view these countries as important production bases for the American market. For this reason, some manufacturers are beginning to take steps to implement countermeasures.
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Average price of rice at supermarkets rises for eight consecutive weeks to 3,939 yen per 5 kg
2025-03-03 17:27:00
The average price of rice at supermarkets nationwide as of the 23rd of last month exceeded 3,900 yen per 5 kg, marking the eighth consecutive week of price increases. This is an increase of over 90% compared to a year ago, and the price rise at store shelves continues unabated.
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Itochu Chairman: "The scheme was unreasonable" - Seven & i's delisting plan scrapped
2025-03-03 17:24:00
Regarding the cancellation of the founding family's plan to delist Seven & i Holdings, Chairman Masahiro Okafuji of Itochu Corporation, which had been considering investing in the company, said, "It is unfortunate, but the initial scheme was unreasonable," and expressed his opposition to the possibility of further investment.
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What impact will President Trump's tariffs have on Japanese automakers?
2025-03-03 17:13:00
If the Trump administration in the United States implements tariffs on imports from Mexico and Canada, there are concerns that this will have an impact on Japanese automakers who view these countries as important production bases for the American market. For this reason, some manufacturers are beginning to take steps to implement countermeasures.
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Japan Tobacco Company and three other major companies agree to a 3.56 trillion yen settlement in tobacco litigation
2025-03-03 16:31:00
In a lawsuit filed in Canada over the health hazards of tobacco, three major tobacco companies, including Japan Tobacco, have agreed to a settlement to pay approximately 3.56 trillion yen. JT has decided to set aside a reserve of approximately 400 billion yen in preparation for the payment of the settlement.
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Stock price rises by more than 600 yen, move to buy back stocks that have fallen in price
2025-03-03 15:49:00
On the 3rd, the start of the week, the Tokyo stock market saw the Nikkei average rise by more than 600 yen as there was a widespread buying back of stocks that had fallen in price in reaction to last Friday's biggest drop this year.
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Stock price temporarily rises by more than 600 yen
2025-03-03 13:45:00
On the 3rd, the start of the week on the Tokyo stock market, the Nikkei average temporarily rose by more than 600 yen as buying back of stocks that had fallen in price in reaction to last Friday's biggest drop this year spread further in the afternoon.
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Seven & i Holdings President Isaka in final negotiations to step down
2025-03-03 12:57:00
Seven & i Holdings, which is currently receiving a takeover bid from a major Canadian convenience store chain, is reportedly making final arrangements for President Ryuichi Isaka, who has served as its top executive since 2016, to step down.
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Stock price rises by more than 500 yen temporarily due to rise in major stock indexes on the New York market
2025-03-03 12:03:00
On the 3rd, the start of the week on the Tokyo stock market, the Nikkei average rose by more than 500 yen at one point, following the rise in major stock price indexes on the New York market at the end of last week.
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Seven & i Holdings President Isaka in final negotiations to step down
2025-03-03 11:55:00
Seven & i Holdings, which is currently receiving a takeover bid from a major Canadian convenience store chain, is reportedly making final arrangements for President Ryuichi Isaka, who has served as its top executive since 2016, to step down.
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Stock prices temporarily rise by more than 500 yen as investors buy back stocks that have fallen in price
2025-03-03 09:15:00
Last Friday, the Nikkei average fell by more than 1,100 yen, the biggest drop this year on the Tokyo Stock Exchange. On the 3rd, the start of the week, following the rise in major stock indexes on the New York market last weekend, there was a widespread movement to buy back stocks that had fallen in price, and the Nikkei average temporarily rose by more than 500 yen.
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Tokyo Stock Exchange to end transitional measures after end of March, prompting companies to take action even if they fail to meet standards
2025-03-03 07:02:00
The transitional measures that the Tokyo Stock Exchange put in place when it reorganized the market into its current form, including the "Prime Market," will be gradually phased out from the end of March. Companies that do not meet the standards within a certain period of time may be delisted, and the TSE plans to encourage companies to take action.
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Camera companies focus on developing cameras with “film-like color”
2025-03-03 06:38:00
As posting to social media becomes more common, cameras that can take images with colors similar to those of film photography are attracting interest, especially from younger generations, and manufacturers are putting their efforts into developing such cameras in order to capture demand.
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