Economic news(2025/05/29)
[Details] Stockpiled rice now on sale and available for pre-order on Rakuten and other platforms. Where can I buy it?
2025-05-29 21:25:00
Sales and reservations for the government's discretionary contract rice stockpiled by the government began on the 29th on the mail order websites of the Rakuten Group and Iris Ohyama. The stock scheduled for the 29th has reportedly sold out. Minister of Agriculture, Forestry and Fisheries Koizumi also tasted the stockpiled rice harvested in 2022 and 2021 that will be sold to retailers, and promoted the rice as not being significantly different in taste compared to rice harvested last year or the year before. *The second half of the article introduces the 61 companies whose applications to purchase stockpiled rice have been confirmed.
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Nissan "Accepting proposals from parts manufacturers and working to reduce costs"
2025-05-29 21:00:00
Nissan Motor Co., Ltd., which has fallen into the red, held an explanatory meeting for parts manufacturers with which it does business, and explained its policy of working to reduce production costs while accepting proposals from parts manufacturers.
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[Details] Stockpiled rice now on sale and available for pre-order on Rakuten and other platforms. Where can I buy it?
2025-05-29 19:59:00
Sales and reservations for the government's discretionary contract rice stockpiled by the government began on the 29th on the mail order websites of the Rakuten Group and Iris Ohyama. The stock scheduled for the 29th was reportedly sold out soon after. Minister of Agriculture, Forestry and Fisheries Koizumi also tasted the stockpiled rice harvested in 2022 and 2021 that will be sold to retailers, and promoted the rice as not being significantly different in taste compared to rice harvested last year or the year before. *The second half of the article introduces the 61 companies whose applications to purchase stockpiled rice have been confirmed.
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Keidanren's new chairman Tsutsui: "We want to fulfill our responsibilities to future generations"
2025-05-29 19:33:00
Yoshinobu Tsutsui, former chairman of Nippon Life Insurance, Japan's largest life insurance company, has been appointed as the new chairman of the Japan Business Federation.
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[Details] Stockpiled rice now on sale and available for pre-order on Rakuten and other platforms. Where can I buy it?
2025-05-29 19:12:00
Sales and reservations for the government's discretionary contract rice stockpiled under a voluntary contract began today on the online shopping sites of the Rakuten Group and Iris Ohyama. The planned stockpile was reportedly soon sold out. Minister of Agriculture, Forestry and Fisheries Koizumi also tasted the stockpiled rice harvested in 2022 and 2021 that will be sold to retailers, and promoted the rice as not being significantly different in taste compared to rice harvested last year or the year before. *The second half of the article introduces the 61 companies whose applications to purchase stockpiled rice have been confirmed.
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"NTT Docomo" announces plans to enter banking industry and acquire "Sumishin SBI Net Bank"
2025-05-29 18:33:00
"NTT Docomo" has officially announced its intention to acquire 65% of the shares of major online bank "Sumishin SBI Net Bank" and make it a subsidiary in order to enter the banking industry. Competition among major telecommunications companies in the financial sector is likely to become even more intense.
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The yen temporarily fell to the 146 yen range per dollar as fears of U.S. tariff measures subsided
2025-05-29 18:12:00
On the 29th, the Tokyo foreign exchange market saw a rise in buying dollars and selling yen as concerns over US tariff measures subsided somewhat, and the yen temporarily fell to the 146 yen range per dollar.
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Prime Minister Ishiba intends to provide all possible support to companies affected by US tariff measures
2025-05-29 18:05:00
Regarding the tariff measures imposed by the Trump administration, Prime Minister Ishiba emphasized at the general meeting of the Japan Business Federation (Keidanren) that he would carefully listen to the concerns of affected companies and take all possible measures, such as providing financial support.
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[Details] Stockpiled rice now on sale and available for pre-order on Rakuten and other platforms. Where can I buy it?
2025-05-29 17:46:00
Sales and reservations for the government's discretionary contract rice stockpiled under a voluntary contract began today on the online shopping sites of the Rakuten Group and Iris Ohyama. The planned stockpile was reportedly soon sold out. Minister of Agriculture, Forestry and Fisheries Koizumi also tasted the stockpiled rice harvested in 2022 and 2021 that will be sold to retailers, and promoted the rice as not being significantly different in taste compared to rice harvested last year or the year before. *The second half of the article introduces the 61 companies whose applications to purchase stockpiled rice have been confirmed.
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July electricity bills fall at nine major companies
2025-05-29 17:42:00
Nine of the top 10 electric power companies have reduced their electricity bills for July this year due to the continued fall in fuel prices for thermal power generation.
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Tohoku Finance Bureau issues business improvement order to Iwaki Shinkin Bank for misappropriating funds
2025-05-29 17:35:00
On the 29th, the Tohoku Regional Finance Bureau issued an order to improve business practices to Iwaki Shinkin Bank in Fukushima Prefecture, where it was revealed that the former management had misappropriated funds to support the cash flow of major borrowers, citing serious problems with the bank's management control system.
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Japanese car sales in the U.S. boom in April, with last-minute demand ahead of tariffs
2025-05-29 16:52:00
Sales of Japanese cars are growing in the U.S. Following the imposition of additional tariffs on automobiles, there has been a rush to buy before prices rise, and last month four out of six manufacturers exceeded last year's figures.
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[Live Streaming] New Keidanren Chairman Yoshinobu Tsutsui holds press conference
2025-05-29 16:48:00
Yoshinobu Tsutsui, former chairman of Nippon Life Insurance, was appointed as the new chairman of Keidanren today. The chairman of Keidanren is also known as the "Prime Minister of the Business World" and can be said to be the face of the Japanese economy. We will report on what aspirations Tsutsui, the first chairman from the financial industry, will share.
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Stock prices rise by more than 700 yen as fears over US tariff measures ease and the yen weakens
2025-05-29 16:33:00
On the 29th, the Tokyo stock market saw many stocks being bought as concerns over US tariff measures eased somewhat and the yen weakened, causing the Nikkei average to rise by more than 700 yen.
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"NTT Docomo" announces plans to enter banking industry and acquire "Sumishin SBI Net Bank"
2025-05-29 16:24:00
NTT Docomo has officially announced its intention to acquire 65% of the shares of Sumishin SBI Net Bank, a major online bank, and make it a subsidiary in order to enter the banking industry. In addition, parent company NTT will invest approximately 110 billion yen in SBI Holdings, which owns more than one-third of the bank's shares, to form a capital and business alliance, strengthening their partnership in the financial sector.
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Stockpiled rice goes on sale and available for pre-order on Rakuten and other platforms; today's batch sold out immediately
2025-05-29 16:22:00
Iris Ohyama began accepting pre-orders on its online shopping site after stockpiled rice arrived at its group company's rice milling plant in Watari, Miyagi Prefecture, but the planned quantity was sold out in about 45 minutes. The Rakuten Group also began selling the government's stockpiled rice through its online shopping site around noon today. According to the company, today's sales were sold out shortly after sales began. *We will provide updates on developments regarding stockpiled rice as they occur.
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[Live Schedule] New Keidanren Chairman Yoshinobu Tsutsui holds press conference
2025-05-29 15:57:00
Yoshinobu Tsutsui, former chairman of Nippon Life Insurance, will take office today as the new chairman of Keidanren. The chairman of Keidanren is also known as the "Prime Minister of the Business World" and can be said to be the face of the Japanese economy. We will tell you what aspirations Tsutsui, the first chairman from the financial industry, will share.
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Stockpiled rice goes on sale and available for pre-order on Rakuten and other platforms; today's batch sold out immediately
2025-05-29 15:28:00
Iris Ohyama began accepting pre-orders on its online shopping site after stockpiled rice arrived at its group company's rice milling plant in Watari, Miyagi Prefecture, but the planned quantity was sold out in about 45 minutes. The Rakuten Group also began selling the government's stockpiled rice through its online shopping site around noon today. According to the company, today's sales were sold out shortly after sales began. *We will provide updates on developments regarding stockpiled rice as they occur.
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Stockpiled rice goes on sale and available for pre-order on Rakuten and other platforms; today's batch sold out immediately
2025-05-29 14:45:00
The Rakuten Group began selling the government's stockpiled rice through its online shopping site around noon today. According to the company, today's sales were sold out shortly after they began. Iris Ohyama also began accepting pre-orders on its online shopping site after stockpiled rice arrived at the rice milling factory of its group company in Watari Town, Miyagi Prefecture, but the planned quantity was sold out in about 45 minutes. *We will provide updates on developments regarding stockpiled rice as they occur.
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Stockpiled rice sold out soon after going on sale today at Rakuten Group
2025-05-29 12:59:00
The Rakuten Group began selling the government's stockpiled rice through its online shopping site around noon today. According to the company, today's sales were sold out shortly after sales began. *We will provide updates on developments regarding the stockpiled rice as they occur.
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Tohoku Finance Bureau issues business improvement order to Iwaki Shinkin Bank for misappropriating funds
2025-05-29 12:20:00
On the 29th, the Tohoku Regional Finance Bureau issued an order to improve business practices to Iwaki Shinkin Bank in Fukushima Prefecture, where it was revealed that the former management had misappropriated funds to support the cash flow of major borrowers, citing serious problems with the bank's management control system.
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Stockpiled rice under discretionary contract arrives at Iris Ohyama Group's rice milling plant
2025-05-29 12:14:00
On the 29th, rice stockpiled by the government under a discretionary contract arrived at a rice milling plant of a major household goods manufacturer in Watari Town, Miyagi Prefecture.
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Stock prices rise by more than 600 yen due to the weakening of the yen
2025-05-29 12:01:00
On the 29th, the Tokyo stock market saw many buy orders in response to the weakening yen, and the Nikkei average rose by more than 600 yen.
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Tohoku Finance Bureau issues business improvement order to Iwaki Shinkin Bank for misappropriating funds
2025-05-29 11:44:00
On the 29th, the Tohoku Local Finance Bureau issued a business improvement order to Iwaki Shinkin Bank in Fukushima Prefecture, after it was revealed that the former management had misappropriated funds to support the cash flow of major borrowers. It was discovered that Iwaki Shinkin Bank was suspected of opening accounts in the names of ordinary customers without permission and using the funds for misappropriation, and the Local Finance Bureau determined that there were problems with the management and control system of the credit union.
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NVIDIA announces financial results: Significant increase in revenue but export restrictions prevent record profits
2025-05-29 11:18:00
Nvidia, a major American semiconductor company that makes semiconductors for generative AI, announced financial results for the three months to April, reporting a significant increase in revenue but failing to post a new record high in profits due to new export restrictions on products for China.
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Rakuten Group to start selling stockpiled rice in the afternoon for 1,980 yen (excluding tax) for 5 kg
2025-05-29 11:01:00
Rakuten Group announced that it will begin selling the government's stockpiled rice from the afternoon of the 29th. It has set up a special website and will sell it for 1,980 yen (excluding tax) per 5 kg bag, with shipments scheduled to begin from June 7th.
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Tohoku Finance Bureau issues business improvement order to Iwaki Shinkin Bank for misappropriating funds
2025-05-29 09:52:00
On the 29th, the Tohoku Local Finance Bureau issued a business improvement order to Iwaki Shinkin Bank in Fukushima Prefecture, after it was revealed that the former management had misappropriated funds to support the cash flow of major borrowers. It was discovered that Iwaki Shinkin Bank was suspected of opening accounts in the names of ordinary customers without permission and using the funds for misappropriation, and the Local Finance Bureau determined that there were problems with the management and control system of the credit union.
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The yen temporarily fell to the 146 yen range against the dollar. Tokyo Foreign Exchange Market
2025-05-29 09:47:00
On the 29th, the Tokyo foreign exchange market saw a trend of buying dollars and selling yen spread as concerns about US tariff measures subsided somewhat, and the yen temporarily fell to the 146 yen to the dollar range. A market insider said, "It was reported that a local court had decided to suspend part of the US tariff measures, which eased concerns about the tariff measures somewhat, and dollar-buying intensified. The yen temporarily weakened to the 146 yen to the dollar range, but the future remains unclear and price movements are volatile."
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New Keidanren Chairman Tsutsui takes office today to "respond to sustaining momentum for wage increases"
2025-05-29 05:37:00
Yoshinobu Tsutsui, former chairman of Nippon Life Insurance, will take office as the new chairman of the Japan Business Federation on the 29th. In an interview with NHK, Tsutsui stated that he intends to take the necessary measures to maintain the momentum of wage increases for companies even amid growing uncertainty due to the US tariff measures.
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Deliveries of discretionary contracted stockpiled rice to begin today, briefing sessions held for rice retailers
2025-05-29 05:16:00
Some businesses are scheduled to receive stockpiled rice, which the government will sell under discretionary contracts, from the 29th. An explanatory meeting on the sale for rice retailers and small and medium-sized supermarkets is also scheduled to be held in the evening of the 29th, and the Ministry of Agriculture, Forestry and Fisheries hopes to spread the stockpiled rice by securing a wide range of buyers.
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Government's revised automobile strategy to support domestic production of parts, etc. in response to geopolitical risks
2025-05-29 00:45:00
The government has announced a revised plan for its strategy to strengthen the competitiveness of Japan's automobile industry. In response to rising geopolitical risks, the plan's main pillars include supporting the domestic production of parts and software for internet-connected "cars."
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"NTT Docomo" to enter banking industry by acquiring "Sumishin SBI Net Bank"
2025-05-29 00:09:00
It has been revealed that NTT Docomo is in the final stages of acquiring major online bank Sumishin SBI Net Bank in order to enter the banking industry. The company plans to acquire a majority stake in the bank and make it a subsidiary. If the deal goes ahead, it is likely to further intensify competition among major telecommunications companies in the financial sector.
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