Economic news(2025/05/14)
Financial results announcement: Trump tariffs impact this year's business outlook leads to decline in profits
2025-05-14 22:29:00
On the 14th, many listed companies announced their financial results for the last fiscal year. While the Sony Group's final profit reached an all-time high, the impact of US tariffs has led to a drop in operating profit of around 100 billion yen in its business outlook for this fiscal year. Additionally, automaker Subaru has stated that its business outlook for this fiscal year is "undecided," citing the difficulty of making a reasonable calculation.
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Infronia HD to acquire Sumitomo Mitsui Construction through TOB, becoming the second largest company after the big five
2025-05-14 22:11:00
Infronia Holdings, which owns the major construction company Maeda Construction, has announced that it will acquire the major construction company Sumitomo Mitsui Construction through a tender offer. The combined sales of the two companies will be second only to the top five companies, and this will be a major restructuring amid a labor shortage and rising material prices.
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"Use ships for commuting" Tokyo Gotanda-Tennozu Isle route to begin operation tomorrow
2025-05-14 20:06:00
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.
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Financial results announcement: Trump tariffs impact this year's business outlook leads to decline in profits
2025-05-14 19:46:00
On the 14th, 410 listed companies are scheduled to announce their financial results for the fiscal year ending March 2020. Due to the impact of the US tariff measures, many companies are forecasting a decline in profits for this fiscal year.
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Yen rises as fears over U.S. tariff measures ease; further interest rate hikes expected
2025-05-14 18:30:00
On the Tokyo foreign exchange market on the 14th, the yen rose against the dollar as concerns over the US tariff measures eased and some investors expressed the view that the Bank of Japan would be more likely to move toward further interest rate hikes.
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Sony Group's net profit reaches record high; Subaru's earnings forecast for this fiscal year undecided
2025-05-14 17:50:00
On the 14th, 410 listed companies are scheduled to announce their financial results for the fiscal year ending March of this year.
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US and China cut each other's additional tariffs by 115%
2025-05-14 17:20:00
Following the agreement reached at trade talks held in Switzerland, the United States and China reduced the additional tariffs that they had imposed on each other by 115% at around 1:00 pm on the 14th (Japan time). Of the reduced tariffs, 24% were not abolished but suspended for 90 days, and the two countries will now proceed with negotiations aimed at eliminating the trade deficit as requested by the United States.
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US and China cut each other's additional tariffs by 115%
2025-05-14 17:02:00
Following the agreement reached at trade talks held in Switzerland, the United States and China reduced the additional tariffs that they had imposed on each other by 115% at around 1:00 pm on the 14th (Japan time). Of the reduced tariffs, 24% were not abolished but suspended for 90 days, and the two countries will now proceed with negotiations aimed at eliminating the trade deficit as requested by the United States.
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Sony Group's net profit reaches record high; Subaru's earnings forecast for this fiscal year undecided
2025-05-14 16:58:00
On the 14th, 410 listed companies are scheduled to announce their financial results for the fiscal year ending March of this year.
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Mizuho Bank to end safe deposit box service at Akita branch
2025-05-14 16:39:00
Mizuho Bank has decided to end its safe deposit box service at its Akita branch. A series of scandals involving employees of financial institutions stealing money and valuables from safe deposit boxes have come to light, and local financial institutions are moving to end the service.
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Stock prices fall slightly, with a mix of buying and selling
2025-05-14 16:27:00
In the morning of the 14th, the Tokyo stock market saw some selling of stocks that had been rising in price recently, but after that, buying and selling became mixed and the Nikkei average fell slightly.
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Chairman of the Japan Chamber of Commerce and Industry: "We are getting out of this bad situation" as US and China cut additional tariffs
2025-05-14 16:25:00
Regarding the 115% reduction in additional tariffs that the United States and China had imposed on each other, Chairman Kobayashi of the Japan Chamber of Commerce and Industry said at a press conference on the 14th that "we are beginning to emerge from a very bad situation," and expressed his expectations for future discussions between the two countries.
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April beer sales down more than 30% compared to the same month last year due to price hikes at major companies
2025-05-14 15:50:00
Last month's beer sales by major beer companies were down more than 30% compared to the same month last year, due to each company implementing its first price hike in a year and a half.
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Press Conference by Japan Chamber of Commerce and Industry Chairman Kobayashi
2025-05-14 15:11:00
A press conference by Japan Chamber of Commerce and Industry Chairman Ken Kobayashi was held at 2:30 p.m.
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Subaru's earnings forecast for this fiscal year is undecided, Sony Group's earnings forecast is pushed down by about 100 billion yen
2025-05-14 14:49:00
On the 14th, 410 listed companies are scheduled to announce their financial results for the fiscal year ending March of this year.
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Sumitomo Mitsui Card and SoftBank to partner in financial services, etc.
2025-05-14 14:35:00
It has been announced that Sumitomo Mitsui Card, a subsidiary of Sumitomo Mitsui Financial Group, and SoftBank will partner in the financial services and digital fields. The collaboration between Sumitomo Mitsui's financial app and SoftBank's smartphone payment service will likely lead to even more fierce competition to capture customers across industries.
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[Live broadcast scheduled from 2:30pm] Press conference by Chairman Kobayashi of the Japan Chamber of Commerce and Industry
2025-05-14 14:14:00
A press conference by Ken Kobayashi, Chairman of the Japan Chamber of Commerce and Industry, is scheduled for 2:30 p.m. The press conference will be streamed live.
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US and China cut each other's additional tariffs by 115%
2025-05-14 13:54:00
Following the agreement reached at trade talks held in Switzerland, the United States and China reduced the additional tariffs that they had imposed on each other by 115% at around 1:00 pm on the 14th (Japan time). Of the reduced tariffs, 24% were not abolished but suspended for 90 days, and the two countries will now proceed with negotiations aimed at eliminating the trade deficit as requested by the United States.
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SUBARU's earnings forecast for this fiscal year is undecided
2025-05-14 13:20:00
Automobile manufacturer Subaru has announced that it will not determine its earnings forecast for the current fiscal year. Due to the uncertainty surrounding the future, including the direction of US tariff policy, it is difficult to make a reasonable calculation at this time, and will announce it promptly once a reasonable calculation becomes possible. Mazda, another automaker, has also not determined its earnings forecast for the current fiscal year, as the future of the automobile industry is becoming increasingly uncertain due to the impact of US tariff policy.
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US and China cut each other's additional tariffs by 115%
2025-05-14 13:01:00
Following an agreement reached at trade talks held in Switzerland, the United States and China reduced the additional tariffs they had imposed on each other by 115% at around 1pm on the 14th (Japan time). As a result, the additional tariffs imposed by the United States on China were reduced from 145% to 30%, and the additional tariffs imposed by China on the United States were reduced from 125% to 10%. Of the reduced tariffs, 24% were not abolished but suspended for 90 days, and the two countries will now proceed with negotiations aimed at reducing the trade deficit as requested by the United States.
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Microsoft plans to cut about 6,000 employees to focus on AI
2025-05-14 12:53:00
On the 13th, American IT giant Microsoft announced plans to cut about 6,000 employees, or nearly 3% of its total workforce. The company is believed to be aiming to focus its management resources on the development of AI (artificial intelligence).
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Stock price falls Sell orders for a wide range of stocks
2025-05-14 12:23:00
On the Tokyo stock market on the 14th, there was a move to sell stocks that had been rising in price recently, and the Nikkei average fell.
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April Corporate Price Index increased 4.0% from the same month last year due to rising rice prices
2025-05-14 11:04:00
The April Corporate Price Index, which indicates the prices of goods traded between companies, rose 4.0% compared to the same month last year, due to rising rice prices among other factors.
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April CGPI up 4.0% from same month last year, growth rate slows from previous month
2025-05-14 09:08:00
The Corporate Price Index, which shows the prices of goods traded between companies, rose 4.0% in April compared to the same month last year, down from 4.3% in March.
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China to lift ban on receiving Boeing aircraft: US report
2025-05-14 08:03:00
Several US media outlets have reported that the Chinese government has lifted its suspension of deliveries of aircraft from the American aircraft manufacturer Boeing, which China had previously refused to accept due to the US-China trade friction. This move is believed to be in response to the agreement between the US and China on a significant reduction in additional tariffs.
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Active movement to increase the number of capsule toy specialty stores catering to adult demand
2025-05-14 07:51:00
Capsule toys are small toys that contain various small items. The market is expanding by capturing the demand of adults even as the birthrate declines, and there is a movement to increase the number of specialized stores.
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Nissan plans to cut seven factories in Japan and overseas - will this lead to improved performance?
2025-05-14 05:23:00
Nissan Motor, which has fallen into a huge final deficit, plans to cut seven factories around the world in an effort to turn its business around, including domestic factories. It also plans to cut about 20,000 employees both in Japan and overseas, and the focus is on whether it can implement more drastic restructuring measures than before and use them to improve its performance.
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Ministry of Finance and Ministry of Education clash over allocation of subsidies for compulsory education level lectures at universities
2025-05-14 05:14:00
The Ministry of Finance and the Ministry of Education, Culture, Sports, Science and Technology are at odds over the fact that some universities are offering compulsory education level courses. With the budget for next year in sight, the debate is expected to intensify over whether the criteria for allocating subsidies to private universities should place more importance on the "quality" or "results" of education.
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