Starting with the Nikkei average rising by 88 yen, negative interest rates were lifted “only April,” the most comprehensive judgment possible - Mr. Monma

Top news
Negative interest rate cancellation “only April”, most comprehensive judgment possible - Mr. Monma
Research & Technologies Executive Economist Kazuo Monma, a former Bank of Japan director, expressed the view that the Bank of Japan will decide to lift negative interest rates not in March, but at the April monetary policy meeting.

Price targets have not been realized or foreseen - Bank of Japan Governor Ueda
Bank of Japan Governor Ueda Kazuo expressed recognition on the 29th (local time) that the achievement of the 2% price target was not foreseeable. I spoke at a press conference after the 20 countries/regions (G20) finance ministers and central bank governors meeting held in Sao Paulo, Brazil.

The ratio of effective job offers in January was 1.27 times flat, and the unemployment rate was 2.4%
The effective job offer ratio (seasonally adjusted value) for January announced by the Ministry of Health, Labor, and Welfare on the 1st was 1.27 times and remained flat from the previous month. The flow of people was active at the beginning of the year for the first time after the transition to type 5 of the novel coronavirus, leading to an increase in job offers in the lifestyle-related service industry/entertainment industry. The number of jobs declined in the lodging and food service industry, which had been strong.

LINE Yahoo! - 4 days in a row, the Ministry of Internal Affairs and Communications gave the company administrative guidance due to successive information leaks = Nikkei
$LY(4689.JP)$It continued to fall for 4 days. The morning edition of the Nihon Keizai Shimbun dated 1st reported that the Ministry of Internal Affairs and Communications will soon give administrative guidance to companies that have successively announced information leaks due to unauthorized access.

Panasonic HD - The year-end dividend that was undecided after 3 days was 17.5 yen
$Panasonic Holdings(6752.JP)$rebounded for the first time in 3 days. The company announced on 2/29 that the year-end dividend forecast for the 24.3 fiscal year, which had been undecided, will be 17.5 yen (15.0 yen for the previous fiscal year). The annual dividend is 35.00 yen (30.0 yen for the previous fiscal year).

Toyota signs agreement with Nippon Steel for steel processing wage increase parts company
$Toyota Motor(7203.JP)$has solidified a policy to raise steel processing fees paid to parts manufacturers in the first half of fiscal year 2024 (April-September). Half-yearly $Nippon Steel(5401.JP)$Negotiations with the steel purchase price were settled due to an increase. The supply price of steel materials to parts companies will remain unchanged for the third consecutive term.

Resona Bank to establish a real estate management subsidiary and starts private REIT
$Resona Holdings(8308.JP)$will establish a specialized subsidiary to handle real estate management. The plan is to form financial products incorporating real estate, such as private placement funds and digital securities, and accumulate management balances to approximately 200 billion yen in fiscal 2029. The operation of new private REITs (real estate investment trusts) will also begin during fiscal year 24.

Distribution source: Bloomberg, Nihon Keizai Shimbun, Traders Web
ー Moo Moo News Japanese stock Evelyn