Japan – NATURALDEPOSIT

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TSMC Explores Possibility of Second Chip Factory in Japan, Considers Kumamoto Prefecture

Taiwan’s semiconductor manufacturing giant, TSMC (Taiwan Semiconductor Manufacturing Company), is reportedly contemplating the construction of a second chip factory in Kumamoto Prefecture, southwestern Japan, according to Taiwan’s CNA on Tuesday (June 6). This decision comes in addition to the ongoing development of another factory in the same region. During an interview following the Annual General …

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Japanese Wages Fall for 13 Consecutive Months, Prompting BOJ to Encourage Monetary Easing

News

Tokyo, Japan – Real wages in Japan experienced a 3 percent decline in April, marking the 13th consecutive month of decreases, according to the Ministry of Internal Affairs and Communications. The ongoing slump in wages indicates a slowdown in wage recovery within the country, coinciding with a rise in consumer spending inflation, particularly in commodity …

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Japan’s Service Sector Achieves Record High Growth in May

News

Japan’s service sector has experienced remarkable growth in May, reaching a record high, according to a private sector survey released on Monday. The expansion can be attributed to the recovery of overseas demand and a surge in the number of foreign tourists as containment measures for the epidemic were further relaxed. The final au Jibun …

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Japan’s 7-Year Low Birth Rate Reaches Record Low in 2022

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Tokyo, June 2, 2023 – The Ministry of Public Health in Japan has announced today that the country’s overall fertility rate has declined for the seventh consecutive year in 2022. According to data released by Japan’s Labor and Welfare Department, the number of babies born in Japan dropped for the seventh year in a row, …

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Japan’s Manufacturing PMI Rises for the First Time in Seven Months, Signaling Expansion

News

In a positive development for Japan’s manufacturing sector, the final Purchasing Managers’ Index (PMI) for May showed a notable increase, marking the first expansion in seven months. The rise was primarily driven by growth in output and new orders, providing an optimistic outlook for the coming year. According to the Jibun Bank final manufacturing PMI, …

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Japan’s Unemployment Rate Drops to 2.6% in April, Beating Expectations

News

Tokyo, Japan – The Ministry of Labor in Japan released its report today, revealing that the country’s seasonally adjusted unemployment rate for April 2023 has declined to 2.6% from 2.8% in March. This figure came as a positive surprise, surpassing the expectations of economists who had predicted a rate of 2.7%, according to a Reuters …

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China Urges Japan to Lift Restrictions on Chip Exports

News

China’s Ministry of Commerce issued a statement on May 29, highlighting Chinese Commerce Minister Wang Wentao’s call for Japan to rectify its recent actions regarding the export control of chips. Minister Wang expressed his concerns during discussions with Japan’s Minister of Economy, Trade and Industry, Yasutoshi Nishimura, at the Asia-Pacific Economic Cooperation (APEC) Forum on …

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US and Japan Strengthen Collaboration on Innovative Chip Research and Development, Reducing Dependence on China

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The United States and Japan have announced their commitment to increased cooperation in the research and development of advanced chips and other technologies, further cementing the growing partnership between the two countries in the semiconductor industry. This collaborative effort, which includes discussions on quantum computing and artificial intelligence (AI), comes as both the US and …

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Japan’s Preliminary Manufacturing PMI for May Rose for the First Time in Seven Months

News

Japan’s manufacturing sector experienced growth in May for the first time in seven months, according to the latest survey results. The expansion comes as the country recovers from the lifting of COVID-19 prevention measures, which has significantly supported business conditions. Concurrently, the service sector also achieved a record high level of growth. The preliminary Purchasing …

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Japan’s Machinery Orders Decline for Second Consecutive Month Amid Economic Concerns

News

According to the Cabinet Office of Japan, the country’s basic machinery orders experienced a 3.9% decline in March compared to the previous month, marking the second consecutive monthly adjustment. This unexpected drop of 0.7% against analysts’ expectations indicates a cautious approach to capital spending in Japan’s corporate sector, driven by concerns over the global economic …

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