Finance
1. According to the mid-term management plan announced by the Osaka Security Exchange (OSE), it will shift its focus to derivatives such as the Nikkei Stock Index Future, and strengthen its transaction systems in order to assure security and reliability for OSE. The sales amount of stock derivatives in OSE is five times as much as that of the Tokyo Stock Exchange.
Real Estate and the Hanshin Hankyu Holdings
2. The Ministry of Land, Infrastructure and Transport announced the posted land prices of January 1, 2007. The posted land prices show the sharp rise of commercial land in the central Osaka. The prices of residential area rose for the first time in 16 years.
3. The Hanshin Hankyu Holdings decided to have Hankyu Railways and Hanshin Railways work together on housing development in the bayside Osaka.
4. The Hanshin Hankyu Holdings announced its midterm business plan. The company estimated the merger would bring 5.4 billion yen a year to the company.
Survey
5. The new opening of Large-scale retail stores decreases by 30% in fiscal 2006. Large-scale retail stores previously rushed to Kobe City because of relatively cheap open space in the city, but these stores now experience excessive competition.
6. The DI of January-March period in the Kansai region goes down for the first time in three quarters. However, the downturn is expected temporary.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
Tuesday, March 27, 2007
Tuesday, March 20, 2007
Kansai News clips Mar.14-20
Railroad
1. The Sakura Syukukawa Station, a long waited new station between the Nishinomiya Station and the Ashiya Station on the JR Kobe line, opened on March 18. The new station has already raised the prices of condos around the new station.
2. The Saito line of the Osaka Monorail extended to the Saito, a newly developed city in North Osaka. The Saito-Nishi station opened on March 19. The monorail company expects 4 thousands passengers a day.
Sellout
3. A shopping center near the Kobe ferry terminal will be sold for about 10 billion yen to an investment fund.
4. Osaka Prefecture’s semi-public Company, Senri Life Science Center, decided to go out of business next month. Goldman Sacks will purchase the facilities and site for about 14 billion yen.
5. The Kobe Port Authority announced that it would sell a 2.8 hectare-site in the Port Island.
New Listing
6. USJ went public on the Mothers in the Tokyo Stock Exchange on March 16.
Survey
7. The department Sales in Kyoto, Kobe, and Osaka City increased by 3 % from a year earlier to 156 billion yen last month.
8. According to the Nihon Keizai Shimbun, Kansai-based firms have stronger demand for labor force than those of other regions.
Local Authority
9. Kyoto City enacted the law preserving traditional scenery on March 13. The Chairman of Kyoto Chamber of Commerce and Industry stated his high appreciation of the new law. Meanwhile, rooftop ad businesses and realty businesses criticized it.
10. Osaka City’s robot laboratory and a private company have started an open experiment on cleaning robot in a shopping mall. Osaka City has been supporting robot industry to develop within the city.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
1. The Sakura Syukukawa Station, a long waited new station between the Nishinomiya Station and the Ashiya Station on the JR Kobe line, opened on March 18. The new station has already raised the prices of condos around the new station.
2. The Saito line of the Osaka Monorail extended to the Saito, a newly developed city in North Osaka. The Saito-Nishi station opened on March 19. The monorail company expects 4 thousands passengers a day.
Sellout
3. A shopping center near the Kobe ferry terminal will be sold for about 10 billion yen to an investment fund.
4. Osaka Prefecture’s semi-public Company, Senri Life Science Center, decided to go out of business next month. Goldman Sacks will purchase the facilities and site for about 14 billion yen.
5. The Kobe Port Authority announced that it would sell a 2.8 hectare-site in the Port Island.
New Listing
6. USJ went public on the Mothers in the Tokyo Stock Exchange on March 16.
Survey
7. The department Sales in Kyoto, Kobe, and Osaka City increased by 3 % from a year earlier to 156 billion yen last month.
8. According to the Nihon Keizai Shimbun, Kansai-based firms have stronger demand for labor force than those of other regions.
Local Authority
9. Kyoto City enacted the law preserving traditional scenery on March 13. The Chairman of Kyoto Chamber of Commerce and Industry stated his high appreciation of the new law. Meanwhile, rooftop ad businesses and realty businesses criticized it.
10. Osaka City’s robot laboratory and a private company have started an open experiment on cleaning robot in a shopping mall. Osaka City has been supporting robot industry to develop within the city.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
Tuesday, March 13, 2007
Kansai News clips Mar.7-13
Economic Development
1. Japan Atomic Agency and the Keihanna Center for New Industry launched a new project to build a research center for laser medical care in Keihanna area, together with private companies and universities. This is the third project to develop medical industry in the Kansai region.
2. Osaka Prefecture strengthens its effort to attract businesses to the Saito life science Parks, another project to develop medical industry in northern Osaka.
3. The first shopping mall in Saito, Garden Mall Saito, will open on Mar. 18. The shopping mall is located next to the Saito-Nishi station, which will open on March 19.
4. The downtown Osaka, Yodoyabashi, will have 140meter-tall, twin skyscrapers by 2011. Landowners around Yodoyabashi are planning to merge small buildings and build skyscrapers in order to make Yodoyabashi as attractive as northern Osaka station area, where huge project is underway.
Airport
5. The city council of Itami City, Hyogo Prefecture, finally gave up the call for the abolition of the Osaka International Airport for the first time in 34 years.
6. The loading factor of the Kobe Airport has improved by 6.2% to 58.9% for the first time in six months. The number of passenger per day also increased to 7,814, the highest record since last September.
Others
7. Financial conditions of local authorities differ the cost of raising money from the financial market since the abolition of regulated interest rate in September 2006. Kyoto enjoys decreasing interest rate. On the other hand, the interest rates of local bonds issued by Osaka and Hyogo are increasing.
8. Manufacturers in the Kansai region have diversified their fuel in order to tackle with the soaring price of crude oil, and to stay competitive in the market place.
9. According to a research issued by JETRO, only 14.9% of Kansai-based companies have taken advantage of the Economic Partnership Agreements with Mexico, or the EPA with Malaysia.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
1. Japan Atomic Agency and the Keihanna Center for New Industry launched a new project to build a research center for laser medical care in Keihanna area, together with private companies and universities. This is the third project to develop medical industry in the Kansai region.
2. Osaka Prefecture strengthens its effort to attract businesses to the Saito life science Parks, another project to develop medical industry in northern Osaka.
3. The first shopping mall in Saito, Garden Mall Saito, will open on Mar. 18. The shopping mall is located next to the Saito-Nishi station, which will open on March 19.
4. The downtown Osaka, Yodoyabashi, will have 140meter-tall, twin skyscrapers by 2011. Landowners around Yodoyabashi are planning to merge small buildings and build skyscrapers in order to make Yodoyabashi as attractive as northern Osaka station area, where huge project is underway.
Airport
5. The city council of Itami City, Hyogo Prefecture, finally gave up the call for the abolition of the Osaka International Airport for the first time in 34 years.
6. The loading factor of the Kobe Airport has improved by 6.2% to 58.9% for the first time in six months. The number of passenger per day also increased to 7,814, the highest record since last September.
Others
7. Financial conditions of local authorities differ the cost of raising money from the financial market since the abolition of regulated interest rate in September 2006. Kyoto enjoys decreasing interest rate. On the other hand, the interest rates of local bonds issued by Osaka and Hyogo are increasing.
8. Manufacturers in the Kansai region have diversified their fuel in order to tackle with the soaring price of crude oil, and to stay competitive in the market place.
9. According to a research issued by JETRO, only 14.9% of Kansai-based companies have taken advantage of the Economic Partnership Agreements with Mexico, or the EPA with Malaysia.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
Tuesday, March 06, 2007
Kansai News clips Feb.28-Mar.6
Survey
1. Businesses in the Kansai region are more confident about the future of economy than these of any other regions. 63% of business leaders in Kansai are confident about further economic growth. The reasons the Kansai economy is robust are the increase of export to the BRICs countries, and the increase of domestic consumption through increasing employment.
2. Many Kansai businesses raise starting salaries to secure human resources, because the businesses in Kanto and Chubu aggressively hire employees this year.
3. Both export and import value from/to the Kansai region exceeded one trillion yen in January 2007. This is the historical height for January.
4. Unusually warm winter contributed to the expansion of Kyoto economy in January 2007. According to the Bank of Japan, the increase of tourists and department store sales helped the Kyoto economy to expand.
Local Governments
5. Osaka Prefecture will support small and medium sized environmental businesses to open up a new market in Asia. The Prefecture will do market research for these businesses in three Asian cities, as well as subsidizes R&D up to five million yen.
6. According to the estimation on new tax allocation grant calculated by the Ministry of Internal Affairs and Communications (MIC), 30% of local authorities, including Osaka, Kyoto, and Wakayama Prefectures, will face the decrease of subsidies from central government. The new tax allocation grant will be introduced in fiscal 2007.
Others
7. Kyoto Kintetsu Department Store closed at the end of February. A volume retailer of electric appliance utilizes empty lots. Meanwhile, the Kintetsu Railways invest 10 billion yen to expand its platform capacity in the Kyoto station, and build a hotel on the top of the station.
8. The personal security loan is widespread in the Kansai region. The Resona Bank loans money with accepting used books and DVDs as security against the loan. The Mitsui Sumitomo Bank has implemented five personal security loans in Kansai out of the 13 national total results.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
1. Businesses in the Kansai region are more confident about the future of economy than these of any other regions. 63% of business leaders in Kansai are confident about further economic growth. The reasons the Kansai economy is robust are the increase of export to the BRICs countries, and the increase of domestic consumption through increasing employment.
2. Many Kansai businesses raise starting salaries to secure human resources, because the businesses in Kanto and Chubu aggressively hire employees this year.
3. Both export and import value from/to the Kansai region exceeded one trillion yen in January 2007. This is the historical height for January.
4. Unusually warm winter contributed to the expansion of Kyoto economy in January 2007. According to the Bank of Japan, the increase of tourists and department store sales helped the Kyoto economy to expand.
Local Governments
5. Osaka Prefecture will support small and medium sized environmental businesses to open up a new market in Asia. The Prefecture will do market research for these businesses in three Asian cities, as well as subsidizes R&D up to five million yen.
6. According to the estimation on new tax allocation grant calculated by the Ministry of Internal Affairs and Communications (MIC), 30% of local authorities, including Osaka, Kyoto, and Wakayama Prefectures, will face the decrease of subsidies from central government. The new tax allocation grant will be introduced in fiscal 2007.
Others
7. Kyoto Kintetsu Department Store closed at the end of February. A volume retailer of electric appliance utilizes empty lots. Meanwhile, the Kintetsu Railways invest 10 billion yen to expand its platform capacity in the Kyoto station, and build a hotel on the top of the station.
8. The personal security loan is widespread in the Kansai region. The Resona Bank loans money with accepting used books and DVDs as security against the loan. The Mitsui Sumitomo Bank has implemented five personal security loans in Kansai out of the 13 national total results.
***All news articles are cut out from the Kansai pages of Nihon Keizai Shimbun.
***This is originally written for USCS.
Subscribe to:
Posts (Atom)
