Economic news(2025/03/13)
Hokkaido Shinkansen extension opening forecast report: "Delays of several years possible"
2025-03-13 21:40:00
A national expert panel has been convened to discuss the extension of the Hokkaido Shinkansen to Sapporo, and is expected to submit a report to the government on the 14th stating that the opening is expected to be at the end of fiscal 2038, but that there is a possibility that it may be further delayed by several years.
TOP
Spring factory explosion impacts Daihatsu and Suzuki production lines halted
2025-03-13 20:18:00
The explosion that occurred at a spring manufacturer's factory in Aichi Prefecture this month is still affecting automakers' parts procurement, with some production lines at Daihatsu and Suzuki factories remaining suspended.
TOP
Japan Post Group's spring wage negotiations see average monthly base pay increase of 10,000 yen, the biggest since privatization
2025-03-13 19:26:00
In this year's spring labor offensive, the Japan Post Group agreed to an average base pay increase of 10,000 yen per month, the largest since privatization.
TOP
Impact of spring factory explosion expands; Suzuki to suspend operations at some factories
2025-03-13 19:13:00
As a result of an explosion at a spring manufacturer's factory in Aichi Prefecture this month, the automaker Suzuki is unable to procure some parts, and has announced that it will suspend some operations at its factory in Makinohara City, in addition to the factory in Kosai City, where some production lines have already been suspended.
TOP
Yen exchange rate rises
2025-03-13 18:15:00
On the 13th, in the Tokyo foreign exchange market, following comments made by Bank of Japan Governor Ueda, the view spread that the Bank of Japan would continue to raise interest rates in the future, and the yen rose in value.
TOP
Nissan receives warning from Japan Fair Trade Commission for violating subcontracting law; submits summary of measures to prevent recurrence
2025-03-13 17:12:00
In response to the issue in which Nissan Motor received a recommendation from the Fair Trade Commission for violating the Subcontracting Act, the company has put together measures to prevent recurrence, including the establishment of an external consultation desk to accept consultations and reports from business partners, and submitted these to the Fair Trade Commission.
TOP
Canadian convenience store giant makes takeover offer for Seven & i Co. Ltd.
2025-03-13 17:09:00
The top executives of a major Canadian convenience store chain that is making a takeover proposal to Seven & i Holdings held a press conference in Tokyo, where they stated that the integration of the two companies would strengthen Seven & i's convenience store business, and reiterated their eagerness to make the acquisition. However, they denied the possibility of a hostile takeover, and emphasized their intention to proceed with the negotiations in a friendly manner.
TOP
Stock prices fall slightly as sell orders spread, mainly for export-related stocks
2025-03-13 16:11:00
On the Tokyo Stock Exchange on the 13th, the Nikkei Stock Average rose by more than 500 yen at one point in the morning, but in the afternoon, the yen strengthened against the dollar in the foreign exchange market, leading to a rise in sell orders, especially for export-related stocks, and the stock price ended trading slightly lower than on the 12th.
TOP
Canadian convenience store giant makes takeover offer for Seven & i Co. Ltd.
2025-03-13 15:08:00
The top executives of a major Canadian convenience store chain that is making a takeover proposal to Seven & i Holdings held a press conference in Tokyo, where they stated that the integration of the two companies would strengthen Seven & i's convenience store business, and reiterated their eagerness to make the acquisition. However, they denied the possibility of a hostile takeover, and emphasized their intention to proceed with the negotiations in a friendly manner.
TOP
Canadian convenience store giant makes takeover offer for Seven & i Co. Ltd.
2025-03-13 13:33:00
The top executives of a major Canadian convenience store chain that is making a takeover proposal to Seven & i Holdings held a press conference in Tokyo, where they stated that the integration of the two companies would strengthen Seven & i's convenience store business, and reiterated their eagerness to make the acquisition. However, they denied the possibility of a hostile takeover, and emphasized their intention to proceed with the negotiations in a friendly manner.
TOP
[Explanation] 100,000 people leave work each year to care for their parents - How to balance work and family life without quitting your job
2025-03-13 13:03:00
Caring for parents is something many people suddenly have to face, with over 100,000 people being forced to quit their jobs each year. But how can you continue caring for your parents without quitting your job? The key, she says, is to "not bear it all alone." Commentator Imai Junko gives a detailed explanation of what we can learn from companies that provide generous support to employees who continue to provide care, as well as the strengthened government support measures that will be in place from April. *Information current as of March 13th. (Video: 7 minutes 50 seconds)
TOP
Stock prices rise as buying orders spread, mainly for semiconductor-related stocks
2025-03-13 12:12:00
Following the rise in the Nasdaq stock index, which is dominated by technology-related stocks, on the Tokyo stock market on the 13th and on the New York stock market on the 12th, buying orders spread, especially for semiconductor-related stocks, and the Nikkei average rose.
TOP
Canadian convenience store giant makes takeover offer for Seven & i Co. Ltd.
2025-03-13 12:04:00
On the 13th, top executives of Alimentation Couche-Tard, a major Canadian convenience store chain which has made a takeover proposal to Seven & i Holdings, held a press conference in Tokyo and reiterated their enthusiasm for the acquisition, saying that integrating the two companies would strengthen Seven & i's convenience store business.
TOP
Intel announces Lip-Voo Tan as new CEO
2025-03-13 11:20:00
経営不振が続くアメリカの大手半導体メーカー、インテルは新たなCEOに元取締役で、半導体の関連企業で長年経営に携わってきたリップブー・タン氏が就任すると発表し、経営の立て直しを目指すことになります。
TOP
Stock prices temporarily rise by more than 500 yen. Buying orders for semiconductor-related stocks increase.
2025-03-13 09:46:00
On the 13th, buying orders spread immediately after the start of trading on the Tokyo Stock Exchange, and the Nikkei Stock Average rose by more than 500 yen. Following the rise in the Nasdaq stock price index, which is dominated by high-tech stocks on the New York Stock Exchange on the 12th, buying orders are spreading in the Tokyo market, mainly for semiconductor-related stocks.
TOP
Swedish EV battery maker files for bankruptcy in its own country
2025-03-13 07:35:00
Northvolt, a Swedish battery manufacturer that was attracting attention as a European manufacturer of EV batteries to compete with Chinese companies, has announced that it has filed for bankruptcy. As European automakers suffer from sluggish performance, the impact is spreading to related industries.
TOP