Economic news(2025/04/28)
Komatsu forecasts operating profit of 94 billion yen this fiscal year to fall due to US tariffs
2025-04-28 21:26:00
Komatsu, a major construction machinery manufacturer, has announced that it expects its operating profit for the current fiscal year to decrease by more than 94 billion yen due to the impact of the Trump administration's tariff policies.
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Hitachi's final profit for this fiscal year is expected to be the highest ever, even with U.S. tariffs
2025-04-28 20:33:00
Hitachi, a major electronics manufacturer, has revealed that if all policies such as mutual tariffs imposed by the Trump administration in the United States are applied this fiscal year, its final profits are expected to be pushed down by about 35 billion yen. However, even taking these effects into account, the company expects its final profits to be the highest ever, driven by infrastructure projects and other factors.
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Oriental Land's financial results: Last year was the highest ever, but profits are expected to decline this year
2025-04-28 20:06:00
Oriental Land, which operates Tokyo Disneyland, achieved record highs in both sales and final profits for the last fiscal year, thanks to the opening of new areas. However, for this fiscal year, the company expects its final profits to fall by more than 8% due to rising labor costs caused by wage hikes.
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Hitachi's final profit for this fiscal year is expected to be the highest ever, even with U.S. tariffs
2025-04-28 19:20:00
Hitachi, a major electronics manufacturer, has revealed that if all policies such as mutual tariffs imposed by the Trump administration in the United States are applied this fiscal year, its final profits are expected to be pushed down by about 35 billion yen. However, even taking these effects into account, the company expects its final profits to be the highest ever, driven by infrastructure projects and other factors.
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Yen exchange rate moves slightly as investors wait to see how the US-China trade friction will play out
2025-04-28 18:26:00
On Monday the 28th, the Tokyo foreign exchange market saw little trading activity as investors became more willing to wait and see how the trade friction between the US and China would develop, and the yen fluctuated little between the two markets.
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Rice shortage "not improving" as average supermarket price rises to 4,220 yen for 5 kg
2025-04-28 18:20:00
When NHK interviewed wholesale companies across the country about the state of rice trading after the release of stockpiled rice began, seven of the 13 companies interviewed responded that "the rice shortage has not improved," revealing that the rice shortage has not been fully resolved at the wholesale level even after the release of stockpiled rice.
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Japan Exchange Group steps up surveillance as securities account hijackings continue
2025-04-28 17:59:00
Regarding the recent spate of incidents in which securities accounts have been hijacked and unauthorized transactions have been made, Japan Exchange Group CEO Hiromi Yamamichi revealed at a press conference on the 29th that the group is stepping up its monitoring of suspicious transactions, and indicated his intention to work with securities companies and the Securities and Exchange Surveillance Commission to address the issue.
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Rice shortage "not improving" as average supermarket price rises to 4,220 yen for 5 kg
2025-04-28 17:53:00
When NHK interviewed wholesale companies across the country about the state of rice trading after the release of stockpiled rice began, seven of the 13 companies interviewed responded that "the rice shortage has not improved," revealing that the rice shortage has not been fully resolved at the wholesale level even after the release of stockpiled rice.
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Average supermarket rice price: 4,220 yen for 5 kg, 16th consecutive week of price increase
2025-04-28 17:09:00
The average price of rice sold at supermarkets nationwide in the week ending on the 20th of this month was 4,220 yen per 5 kg including tax, up 3 yen from the previous week. Stockpiled rice has been distributed to supermarkets and other outlets since late March, but this marks the 16th consecutive week of price increases.
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Stock prices slightly increased
2025-04-28 16:21:00
On the Tokyo stock market on the 28th, the start of the week, buying orders were dominant immediately after trading began amid expectations that trade friction between the US and China would ease, but thereafter buying and selling became mixed and the Nikkei average rose slightly.
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Stock prices rise following the rise in major stock indexes in the New York market last weekend
2025-04-28 12:22:00
The Tokyo stock market opened the week on the 28th with the Nikkei average rising, following the trend of major stock indexes rising in the New York market at the end of last week, against the backdrop of expectations that trade friction between the United States and China will ease.
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Bank of Japan to hold monetary policy meeting from 30th: Growth rate and other figures to fall below forecast
2025-04-28 07:51:00
The Bank of Japan will hold a meeting to decide on monetary policy from the 30th of this month. At this meeting, the latest outlook for the economy and prices up to the fiscal year 2027 will be presented, but there are many opinions within the Bank of Japan that both the growth rate and the rate of price increase will be lower than previously predicted due to the implementation of tariff measures by the Trump administration.
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20% of respondents said US tariffs would "affect business" Development Bank of Japan
2025-04-28 07:22:00
The government has compiled the results of a survey targeting businesses regarding the impact of U.S. tariffs, and a survey by the Development Bank of Japan showed that 20% of businesses responded that their business "might be affected."
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"Seller's market" for new graduate recruitment next spring continues; job offer ratio drops but remains high
2025-04-28 07:01:00
The job offer ratio for students who plan to graduate from universities and other institutions next March was 1.66, a slight decrease from the previous year, but it remains at a high level. Due to the labor shortage, the "seller's market" continues.
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