Bank of Japan meeting started with a depreciation of 394 yen on the Nikkei Average Points of interest: new price forecasts, presidential meetings, and presence or absence of a depreciation yen system

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The dollar-yen exchange rate broke through 155 yen, domestic sales behind continued depreciation even with exchange intervention warnings - Nihon Keizai Shimbun
The yen exchange rate fell to the low of 1 dollar = 155 yen for the first time in 34 years on the 24th. Although caution against yen buying intervention by the government and the Bank of Japan is increasing, the depreciation of the yen gradually progresses. This is because domestic importers and institutional investors have large dollar procurement needs, and orders to buy dollars by selling yen intermittently come out.

Bank of Japan Meeting Highlights: New Price Outlook, Governor's Meeting, and Presence or Absence of a Weakening Yen System
At the monetary policy meeting where the Bank of Japan will announce the results on the 26th, it is expected that the current state of monetary policy will be maintained. While there is awareness of inflationary pressure, including the effects of the depreciation of the yen, which is at its level for the first time in 34 years, we will search for hints for policy developments such as additional interest rate hikes and government bond purchases from the new economic/price outlook and President Ueda Kazuo's press conference.

Canon - sales momentum 1Q operating profit fell 5%, increasing operating expenses in foreign currency due to depreciation of yen
$Canon(7751.JP)$There is a sales trend. The company announced on the 24th that consolidated operating profit (US standard) for the 24.12 fiscal year 1Q (January-March) was 80.8 billion yen (down 5.2% from the same period last year). The increase in foreign currency operating expenses due to the depreciation of the yen resonated. The market consensus is 90.5 billion yen.

FANUC - sales momentum operating profit is expected to decrease 15% this fiscal year and the previous fiscal year is expected to decrease 26%
$Fanuc(6954.JP)$There is a sales trend. The company announced on the 24th that the consolidated operating profit forecast for the full fiscal year 25.3 is 121 billion yen (down 14.7% from the previous fiscal year). The market consensus is 151.1 billion yen.

Panasonic HD - The decline in the previous fiscal year's final profit is revised downward, and the recording of goodwill impairment losses etc. resonate | Individual Articles | News | Traders Web
$Panasonic Holdings(6752.JP)$has declined. The company announced on the 24th that it will revise its consolidated net profit forecast (IFRS) for the full fiscal year 24.3 downward from the previous 460 billion yen to 440 billion yen (up 65.7% from the previous fiscal year). The market consensus is 449.1 billion yen.