Economic news(2025/03/27)
Pacific saury catch limit for this year agreed upon - 10% less than last year in the North Pacific
2025-03-27 23:36:00
The international conference on pacific saury resource management, held in Osaka, has concluded. As the catch continues to decline, the participating countries and regions agreed to set this year's upper limit for catches in the North Pacific at 202,500 tons per year, 10% lower than last year.
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Fuji TV's Hisashi Hieda resigns as director and advisor, and also resigns as group representative
2025-03-27 22:21:00
Fuji Television and its parent company, Fuji Media Holdings, announced that Hisashi Hieda, who has led the group's management for many years, will step down as a director and advisor for both companies. The presidents of both companies also spoke to reporters on the evening of the 27th, revealing that Hieda will step down as representative of the Fujisankei Group.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 21:14:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Financial Services Agency proposes revision of bank supervision guidelines following safe deposit box scandal
2025-03-27 20:54:00
In response to a series of scandals involving safe deposit boxes, the Financial Services Agency has put together a proposal to revise its supervisory guidelines for banks. In order to prevent fraud, the proposal calls for strengthening the management of safe deposit boxes, such as by checking whether the items and purposes of deposits made by customers are in compliance with financial institution regulations.
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Fuji TV's Hisashi Hieda resigns as director and advisor, and also resigns as group representative
2025-03-27 19:53:00
Fuji Television and its parent company, Fuji Media Holdings, announced that Hisashi Hieda, who has led the group's management for many years, will step down as a director and advisor for both companies. The presidents of both companies also spoke to reporters on the evening of the 27th, revealing that Hieda will step down as representative of the Fujisankei Group.
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[Video Explanation] Fuji Television announces management structure overhaul: Why? What is the aim?
2025-03-27 19:46:00
Fuji Television and its parent company, Fuji Media Holdings, have announced a major overhaul of their management structure. Here is an explanatory video explaining the aims of the overhaul.
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Mitsubishi UFJ Bank to raise starting salary for new graduates to 300,000 yen
2025-03-27 19:38:00
Mitsubishi UFJ Bank, the largest bank in Japan, has decided to raise the starting salary for new college graduates who join the company in April next year to 300,000 yen. With a growing number of companies offering starting salaries in the 300,000 yen range, the financial industry is also clearly moving to improve working conditions in order to attract talent.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 19:21:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 19:13:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Fuji TV's Hisashi Hieda resigns as director and advisor, and also resigns as group representative
2025-03-27 19:13:00
Fuji Television and its parent company, Fuji Media Holdings, announced that Hisashi Hieda, who has led the group's management for many years, will step down as a director and advisor for both companies. The presidents of both companies also spoke to reporters on the evening of the 27th, revealing that Hieda will step down as representative of the Fujisankei Group.
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Yuko Kawai, deputy president of Kochi Bank, to assume the post of president, becoming the first female president of a regional bank
2025-03-27 19:02:00
Yuko Kawai, deputy president of Kochi Bank, which has its head office in Kochi City, will be the new president. This will be the first time a woman has been appointed president of a regional bank in Japan.
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Yen exchange rate moves slightly as Trump's tariff policy leads to mixed buying and selling
2025-03-27 18:37:00
On the 27th, the Tokyo foreign exchange market saw a mix of buying and selling in response to the tariff policies announced by US President Trump and his comments, and the yen's exchange rate fluctuated little.
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Shizuoka, Nagano and Yamanashi regional banks agree on comprehensive business alliance to attract foreign investment
2025-03-27 18:36:00
Three regional banks, Shizuoka Bank in Shizuoka Prefecture, Hachijuni Bank in Nagano Prefecture, and Yamanashi Chuo Bank in Yamanashi Prefecture, have agreed to enter into a comprehensive business partnership to carry out projects such as attracting investment from overseas to the region.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 18:12:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Fuji TV's Hisashi Hieda resigns as director and advisor
2025-03-27 18:10:00
Fuji Television and its parent company, Fuji Media Holdings, announced that Hisashi Hieda, who has led the group's management for many years, will step down as a director and advisor for both companies. Fuji Television President Kenji Shimizu and Fuji Media Holdings President Osamu Kanemitsu held a press conference at 5 p.m.
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JFTC finds Chateraise in violation of subcontracting law, calls for prevention of recurrence
2025-03-27 17:53:00
The Japan Fair Trade Commission has issued a recommendation to Chateraise, a confectionery manufacturer based in Kofu City that operates Western-style confectionery stores across the country, calling for the company to take measures to prevent a recurrence of this violation of the Subcontracting Act by not accepting some of the finished products from a contractor it had outsourced to manufacture materials used in confectionery packaging, and instead allowing the contractor to store the products free of charge and without payment for approximately 23 million yen.
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[Breaking News] Fuji TV President Holds Press Conference: Hieda Hisashi Retires as Director and Advisor
2025-03-27 17:18:00
Fuji Television and its parent company, Fuji Media Holdings, have announced that long-time group leader Hisashi Hieda will step down from his position as director and advisor for both companies. Fuji Television President Kenji Shimizu and Fuji Media Holdings President Osamu Kanemitsu are holding a press conference at 5 p.m.
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[Video Explanation] Fuji Television announces management structure overhaul: Why? What is the aim?
2025-03-27 16:50:00
Fuji Television and its parent company, Fuji Media Holdings, have announced a major overhaul of their management structure. Here is an explanatory video explaining the aims of the overhaul.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 16:27:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Nippon Steel announces completion of US Steel acquisition "postponed until June this year"
2025-03-27 16:22:00
Nippon Steel Corporation has announced that it will postpone the completion of its acquisition of the American steel manufacturer U.S. Steel, which was originally scheduled for March, until June of this year. Regarding the acquisition plan, President Trump has stated that the agreement is not a purchase but a large investment, and the outcome of the negotiations is the focus of attention.
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Fuji TV's Hisashi Hieda to step down as director and advisor
2025-03-27 16:04:00
Fuji Television and its parent company Fuji Media Holdings announced that long-time group leader Hisashi Hieda will step down from his position as director and advisor for both companies.
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Mitsubishi UFJ Bank to raise starting salary for new graduates to 300,000 yen
2025-03-27 16:00:00
Mitsubishi UFJ Bank, the largest bank in Japan, has decided to raise the starting salary for new college graduates who join the company in April next year to 300,000 yen. With a growing number of companies offering starting salaries in the 300,000 yen range, the financial industry is also clearly moving to improve working conditions in order to attract talent.
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Fuji TV's board of directors to discuss management structure review; future of Hieda Hisashi
2025-03-27 15:07:00
Fuji Television and its parent company, Fuji Media Holdings, will each hold a board meeting on the afternoon of the 27th to discuss a review of their management structures. The focus will be on what discussions will take place regarding the transition to a new structure, including the future of Hieda Hisashi, the group's most influential director and advisor.
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If TikTok's acquisition is approved in the US, lowering additional tariffs on China could be an option
2025-03-27 14:18:00
Regarding the US operations of the Chinese video-sharing app TikTok, President Trump indicated that lowering additional tariffs on China would be one option in getting the Chinese government to approve acquisitions by US companies.
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Trump signs 25% auto tariffs, including for Japanese cars. What are the domestic impacts?
2025-03-27 13:05:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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Survey of 100 companies on U.S. government policies: 27% say Japanese government should not impose retaliatory tariffs
2025-03-27 13:00:00
NHK conducted a survey of 100 major Japanese companies regarding the impact of the policies of the Trump administration in the United States, and 35% of the companies that responded said that it would have a negative impact on their business and profits. In addition, regarding the Japanese government's response, only 3% of the companies that responded said "retaliatory tariffs should be implemented," while 27% answered "they should not be implemented."
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Stock prices fall as US President Trump formally announces additional auto tariffs
2025-03-27 11:59:00
On the 27th, the Tokyo stock market saw a drop in the Nikkei average as sell orders were placed mainly on automobile-related stocks following US President Trump's formal announcement that an additional 25% tariff would be imposed on imported automobiles and other items.
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Fuji TV's board of directors to discuss management structure review; future of Hieda Hisashi
2025-03-27 11:55:00
Fuji Television and its parent company, Fuji Media Holdings, will each hold a board meeting on the afternoon of the 27th to discuss a review of their management structure. The focus will be on what discussions will take place regarding the transition to a new structure, including the future of Hieda Hisashi, the group's most influential director and advisor.
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President Trump signs 25% auto tariffs on all imported cars, including those from Japan
2025-03-27 11:44:00
On the 26th, US President Trump signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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President Trump signs 25% auto tariffs on all imported cars, including those from Japan
2025-03-27 10:55:00
On the 26th, US President Trump told reporters that he signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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President Trump announces 25% auto tariffs on all imported cars, including those from Japan
2025-03-27 10:15:00
On the 26th, US President Trump told reporters that he signed a document to impose an additional 25% tariff on imported cars and other items. Japanese cars will also be subject to the tariffs, which will come into effect on April 3rd. This includes engines and other parts, raising concerns that the Japanese auto industry, which exports many cars and parts to the US, will also be hit hard.
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President Trump announces 25% auto tariffs on all imported cars, including those from Japan
2025-03-27 07:41:00
On the 26th, US President Trump officially announced to reporters that a 25% tariff would be imposed on imported cars. This will also apply to Japanese cars, and the tariffs will come into effect on April 2nd, with tariffs to be collected from the following day, the 3rd. There are growing concerns that this will have a negative impact on the business of Japanese automakers, which export many cars to the US.
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With just over two weeks until the opening of the Osaka-Kansai Expo, preparations are in the final stages
2025-03-27 07:01:00
There are just over two weeks until the opening of the Osaka Kansai Expo. Construction of the pavilions at the venue is progressing, and the exhibit contents are being announced one after another, so preparations are in the final stages.
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"Further expansion of Japanese companies" - Investment seminar held in southern state of India
2025-03-27 06:54:00
A seminar was held in a southern state in India, which is attracting attention as a new investment destination and export base, to encourage Japanese companies to further expand into the country.
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President Trump formally announces "auto tariffs" targeting Japan
2025-03-27 06:41:00
On the 26th, US President Trump officially announced to reporters that he would impose tariffs on imported cars. The tariffs will be raised to 25% on cars imported from all countries. There are concerns that this will have a serious impact on the management of Japanese automakers, which export a lot to the US.
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President Trump "begins process for auto tariffs" before formal announcement
2025-03-27 05:50:00
At an event held at the White House on the 26th, ahead of the official announcement of the automobile tariffs, US President Trump said, "We will make a special announcement shortly. We will take back every penny that has been taken from us over the decades. We will begin the process of imposing tariffs on automobiles."
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Fuji TV to hold board meeting today; focus on executive personnel changes
2025-03-27 03:57:00
Fuji Television and its parent company, Fuji Media Holdings, are holding a board meeting on the 27th to discuss a review of their management structure amid a series of problems that have caused their business performance to deteriorate. A key focus will be on the type of discussions that will take place regarding executive personnel, including the future of Hieda Hisashi, the group's most powerful and influential director and advisor.
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