Starting with the Nikkei average rising by 39.99 yen, the assumed exchange rate “140 yen” is 40%, and the depreciation of the yen is expected to be revised for the fiscal year ending 24/12

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The estimated exchange rate of “140 yen” is 40%, and yen depreciation is expected to be revised for the fiscal year ending 24/12
The estimated exchange rate for listed companies for the 2024/12 fiscal year averaged 140 yen against the dollar. The yen is about 10 yen higher than the prevailing market price of about 150 yen. There are many companies that see that the current depreciation of the yen will be corrected and that there will be no effect of boosting performance due to reduced observations of interest rate differences between Japan and the US.

The Bank of Japan holds 67 trillion yen of Japanese stocks that cannot sell ETFs even before the highest stock price
What was behind the expansion of Japan's exchange-traded fund (ETF) market was ETF purchases by the Bank of Japan. “When large-scale mitigation is revised in the future, it is natural that ETF purchases will also be stopped.” Vice President Uchida Shinichi Bank said this in his lecture on the 8th. The time is approaching when the Bank of Japan will stop the act of factual stock price support, which is unusual as a central bank.

Mortgage loans, interest rate competition continues SBI Sumishin is active in real business
An internet specialty bank will expand its real business network. $SBI Sumishin Net Bank(7163.JP)$It aims to obtain mortgages by increasing the number of bank agents that display accompanying them in stores. Major banks have enhanced digital services that internet banks have excelled at, and interest rate competition is intensifying. Real strengthening is a cost increase for internet banks, but they prioritize customer acquisition.

Mizuho invests in Mitsui & Co. subsidiary's decarbonization support startup
$Mizuho Financial Group(8411.JP)$Is $Mitsui(8031.JP)$A capital alliance will be formed with e-Dash (Tokyo/Chiyoda), which is a subsidiary company and supports corporate CO2 emission reduction. Utilizing the network between Mizuho Bank and Mitsui & Co., we will support corporate efforts aimed at reducing emissions, such as introducing partners for decarbonization.

The Panasonic HD-4 day continuous air purifier is centered on commercial use and aims to reverse the ratio with household use = Nikkei
$Panasonic Holdings(6752.JP)$It continued to grow for 4 days. The morning edition of the Nihon Keizai Shimbun dated 20th reported that Panasonic, which is under the umbrella of the company, will use 60% of sales of the main air purifier “Gieno” for commercial use in 2025 as well.

One-off insurance from 9 life insurance companies, approaching 3 trillion yen, doubling sales value
Sales of savings insurance where life insurance companies collectively receive insurance premiums are growing. The sales value of the nine major life insurance companies and groups in yen from April to December 2023 was close to about 3 trillion yen, double that of the same period last year. It looks like it has benefited from high interest rates, but sales of highly profitable death insurance and health insurance continue to be sluggish.

Distribution source: Nihon Keizai Shimbun, Traders Web
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