2025-05-13 22:35:00
On the evening of the 13th, Foreign Minister Iwaki held talks with the Director-General of the World Trade Organization (WTO), who was visiting Japan, and the two leaders agreed to work closely together to strengthen a free and open multilateral trading system, amid growing concern over protectionist policies in the wake of the U.S. tariff measures.
2025-05-13 20:34:00
Nissan Motor Co., Ltd. announced that it will post a huge final deficit of over 670 billion yen in its fiscal year 2024 financial statements, and will cut 20,000 employees across the group by fiscal year 2027 in order to turn its business around. In addition, given the uncertainty of the U.S. tariff policy, the company has left its profit and loss forecast for this fiscal year undetermined.
2025-05-13 19:31:00
Honda has announced its business outlook for fiscal year 2025, predicting a significant drop of more than 70% in net profit to 250 billion yen due to factors such as tariffs imposed by the Trump administration in the United States and fluctuations in exchange rates.
2025-05-13 19:22:00
As the announcement of financial results by listed companies reaches a peak, over 30% of companies are predicting a decline in profits compared to the previous fiscal year in their "business outlooks" for the year ending March of next year. Many companies are expecting increased costs and a slowdown in trade due to the tariffs imposed by the Trump administration in the fields of automobiles and shipping, and the future of corporate performance, which has been strong up until now, is now uncertain.
2025-05-13 19:19:00
Nissan Motor Co., Ltd. announced that it will post a huge final deficit of over 670 billion yen in its fiscal year 2024 financial statements, and will cut 20,000 employees across the group by fiscal year 2027 in order to turn its business around. In addition, given the uncertainty of the U.S. tariff policy, the company has left its profit and loss forecast for this fiscal year undetermined.
2025-05-13 19:14:00
As the announcement of financial results by listed companies reaches a peak, over 30% of companies are predicting a decline in profits compared to the previous fiscal year in their "business outlooks" for the year ending March of next year. Many companies are expecting increased costs and a slowdown in trade due to the tariffs imposed by the Trump administration in the fields of automobiles and shipping, and the future of corporate performance, which has been strong up until now, is now uncertain.
2025-05-13 19:10:00
SoftBank Group's final profit for the fiscal year 2024 was 1.1533 trillion yen. This is the first time in four years that the final profit and loss has been in the black, due mainly to rising stock prices and improved performance of investment targets.
2025-05-13 18:45:00
Nissan Motor Co., Ltd. announced that it will post a huge final deficit of over 670 billion yen in its fiscal year 2024 financial statements, and will cut 20,000 employees across the group by fiscal year 2027 in order to turn its business around. In addition, given the uncertainty of the U.S. tariff policy, the company has left its profit and loss forecast for this fiscal year undetermined.
2025-05-13 18:12:00
On the Tokyo foreign exchange market on the 13th, active trading was refrained from as investors waited to see the results of the US Consumer Price Index, and the yen fluctuated little between the two currencies.
2025-05-13 17:59:00
Zensho Holdings, which operates the beef bowl chain "Sukiya" and other chains, announced its financial results for fiscal year 2024, showing that the group's total sales exceeded 1 trillion yen for the first time among domestic restaurant companies. Although sales in April fell due to a series of cases of foreign objects being found in products, the company expects to see an increase in sales for fiscal year 2025.
2025-05-13 17:51:00
Nissan Motor's financial results for fiscal year 2024 showed a huge final deficit of 670.8 billion yen due to impairment losses from a review of the asset value of factories. The company has officially announced a plan to cut an additional 11,000 employees both in Japan and overseas in order to turn its business around, and together with previous plans, it will cut 20,000 employees, or about 15% of the group's total workforce, between fiscal years 2024 and 2027. Meanwhile, it has said that the impact of US tariffs is expected to be up to 450 billion yen.
2025-05-13 17:30:00
In an effort to alleviate high rice prices and shortages on store shelves, major distribution companies are increasingly moving to expand sales of imported rice.
2025-05-13 17:26:00
As the Tokyo Metropolitan Government encourages people to use boats as a convenient means of transportation for commuting and other purposes, a new regular ferry service will begin operating between Gotanda and Tennozu Isle from the 14th.
2025-05-13 17:25:00
SoftBank Group's final profit for the fiscal year 2024 was 1.1533 trillion yen. This is the first time in four years that the final profit and loss has been in the black, due mainly to rising stock prices and improved performance of investment targets.
2025-05-13 17:18:00
Nissan Motor's financial results for fiscal year 2024 showed a huge final deficit of 670.8 billion yen due to impairment losses from a review of the asset value of factories. The company has officially announced a plan to cut an additional 11,000 employees both in Japan and overseas in order to turn its business around, and together with previous plans, it will cut 20,000 employees, or about 15% of the group's total workforce, between fiscal years 2024 and 2027. Meanwhile, it has said that the impact of US tariffs is expected to be up to 450 billion yen.
2025-05-13 17:16:00
At a press conference on the 13th, JA Zenchu, Chairman of the National Federation of Agricultural Cooperative Associations, Toru Yamano, emphasized his intention to closely monitor the distribution situation, including the government's rice stockpile, to ensure a stable supply of rice to consumers.
2025-05-13 17:05:00
Honda has announced its business outlook for fiscal year 2025, predicting a significant drop of more than 70% in net profit to 250 billion yen due to factors such as tariffs imposed by the Trump administration in the United States and fluctuations in exchange rates.
2025-05-13 16:41:00
On the Tokyo Stock Exchange on the 13th, the Nikkei Stock Average rose sharply following the agreement between the United States and China to significantly reduce the tariffs they impose on each other, closing at 38,000 yen for the first time in about a month and a half.
2025-05-13 16:38:00
Internet Initiative Japan Inc. (IIJ), a major telecommunications company that provides email security services, was subject to unauthorized access through a cyber attack that led to the leak of customer information. In response to this, the company has announced its intention to rapidly implement measures to prevent recurrence, including strengthening its ability to detect unauthorized access.
2025-05-13 16:22:00
In an effort to alleviate high rice prices and shortages on store shelves, major distribution companies are increasingly moving to expand sales of imported rice.
2025-05-13 15:51:00
Honda's outlook for the group's overall performance for fiscal 2025 predicts sales to fall 6.4% from fiscal 2024 to 20.3 trillion yen, operating profit, which represents the profit from the company's core business, to fall 58.8% to 500 billion yen, and net profit to fall 70.1% to 250 billion yen, all of which are significant declines in profits.
2025-05-13 15:51:00
SoftBank Group's final profit for the fiscal year 2024 was 1.1533 trillion yen. This is the first time in four years that the final profit and loss will be in the black. The main reason for this is the improvement in performance of the main investment funds under its umbrella, as the stock prices of the investment targets rose.
2025-05-13 13:09:00
Regarding the next director of Fuji Television's parent company, while a major shareholder investment fund is proposing its own candidates, the company plans to decide on a new director proposal this month. Regarding this, Nippon Cultural Broadcasting Company President Kiyoto Saito, who serves as an outside director, expressed the opinion that the selection should be made carefully, including the proposal from the fund.
2025-05-13 12:34:00
On the Tokyo Stock Exchange on the 13th, the Nikkei average temporarily rose by more than 800 yen as concerns over trade friction eased for the time being following the agreement between the United States and China to significantly reduce the tariffs they impose on each other.
2025-05-13 12:21:00
As rice prices continue to rise, Minamiuonuma City in Niigata Prefecture, known as a rice-producing area, has been receiving a flood of donation applications for the hometown tax system, which offers new rice harvested this fall as a gift. Interviews with the city have revealed that the city has already stopped accepting reservations for at least 30 items, having reached the planned shipping volume.
2025-05-13 11:56:00
On the 13th, the Bank of Japan released the main opinions expressed at its last monetary policy meeting. At the meeting, the outlook for economic growth and inflation rates from this fiscal year onwards was lowered, but committee members repeatedly voiced opinions that the outlook could change significantly depending on the direction of the Trump administration's tariff measures, suggesting that they are strengthening their stance of carefully assessing the impact.
2025-05-13 11:40:00
At a press conference following the Cabinet meeting on the 13th, Finance Minister Katsuyuki Kato revealed that he is currently making arrangements to meet with U.S. Treasury Secretary David Bessent to discuss currency and other issues in conjunction with the G7 finance ministers and central bank governors' meeting to be held in Canada next week.
2025-05-13 11:03:00
As a result of trade talks held in Switzerland, the United States and China have agreed to reduce the additional tariffs imposed on each other by 115%. This will ease trade friction between the United States and China for the time being, but it remains unclear whether the two countries will be able to reach an agreement on market opening and reduction of the trade deficit as requested by the United States in future talks.
2025-05-13 10:34:00
Nissan Motor, whose business performance continues to deteriorate, has decided to further cut more than 10,000 employees both in Japan and overseas, bringing the total number of employees across the group to 20,000, in addition to previous plans. The company has decided that it needs to make more in-depth cuts than before in order to turn its business around, and the focus is on whether it can strengthen its management structure.
2025-05-13 09:10:00
On the 13th, the Nikkei average rose by more than 800 yen at one point on the Tokyo Stock Exchange. Following the agreement reached on the 12th between the United States and China to significantly reduce the tariffs imposed on each other, concerns over trade friction have eased, and buying orders have been increasing since the start of trading.
2025-05-13 07:09:00
In response to the tariff measures imposed by the Trump administration, Norihiko Ishiguro, chairman of the Japan External Trade Organization (JETRO), has indicated his intention to expand economic missions to encourage Japanese companies to enter the US market and to develop alternative export destinations.
2025-05-13 06:20:00
On the 12th, the New York stock market saw a surge in buying orders as investors welcomed the agreement reached between the United States and China to significantly reduce the tariffs imposed on each other in trade talks, and the Dow Jones Industrial Average rose significantly by more than $1,100 compared to the end of last week.
2025-05-13 06:01:00
U.S. President Donald Trump has signed an executive order to lower the prices of prescription drugs and other products in the United States, claiming that he will lower prices to the same level as countries that sell them at the lowest prices in the world.
2025-05-13 05:32:00
In an interview with NHK, a director candidate independently proposed by an investment fund that is a major shareholder of Fuji Television's parent company suggested an immediate review of governance and strengthening of the content strategy. The parent company plans to decide on the next management structure at a board meeting in May, and the focus will be on what kind of structure will be created, including how to treat the fund's candidates.
2025-05-13 05:21:00
Regarding the tariff measures taken by the Trump administration, the US and Chinese governments have agreed to reduce the additional tariffs currently imposed on each other. The government will analyze the US strategy based on the contents of the agreement between the two countries and proceed with preparations for the third round of Japan-US negotiations.
2025-05-13 05:13:00
As a result of trade talks held in Switzerland, the United States and China have agreed to reduce the additional tariffs imposed on each other by 115%. This will ease trade friction between the United States and China for the time being, but it remains unclear whether the two countries will be able to reach an agreement on market opening and reduction of the trade deficit as requested by the United States in future talks.
2025-05-13 05:07:00
Nissan Motor, whose business performance continues to deteriorate, has decided to further cut more than 10,000 employees both in Japan and overseas, bringing the total number of employees across the group to 20,000, in addition to previous plans. The company has decided that it needs to make more in-depth cuts than before in order to turn its business around, and the focus is on whether it can strengthen its management structure.
