Japan Data

  • 2019-05-09 19:50


    --Japan Mar Average Wages -1.9% Y/Y, 3rd Straight Drop; Feb -0.7%
    --Japan Mar Real Average Wages -2.5% Y/Y; Feb -1.0%
    --Japan Mar Base Wages -0.9% Y/Y, 3rd Straight Drop
    --Japan Mar Overtime Pay -3.1% Y/Y, 4th Straight Drop
    --Japan Mar Bonuses, Other Special Pay -12.4% Y/Y, Feb -31.4%

    TOKYO (MNI) - Average wages fell 1.9% on year in March, the third straight year-on-year drop following a 0.7% decline in February, with real wages also in negative territory, preliminary data released Friday by the Ministry of Health, Labour and Welfare showed.

    The key points from the Monthly Labour Survey:

    --Total monthly average cash earnings per regular employee in Japan fell 1.9% on year to Y279,922 in March, the third straight year-on-year drop following a 0.7% fall in February.

  • 2019-05-09 01:31


    TOKYO (MNI) - Japan's economy is expected to post a contraction in the January-March period, hit by weak capital investment and private consumption.

    Economists are looking for preliminary Q1 GDP lower by 0.1% fall on quarter, or an annualized -0.2%.

  • 2019-05-09 01:18


    --Japan April Consumer Confidence Index 40.4 Vs Mar 40.5
    --Japan Govt Keeps View: Consumer Confidence Weakening

    TOKYO (MNI) - Japan's consumer confidence index fell 0.1 to a seasonally adjusted 40.4 in April, the seventh straight monthly drop, the latest Consumer Confidence Survey released by the Cabinet Office showed Thursday.

    The dip, which came after a 1.0 point fall to 40.5 in March, was caused mainly by weaker earnings prospects and for purchases of durable goods.

    --The Cabinet Office left its assessment unchanged, saying consumer confidence was "weakening." The government in February lowered the assessment from January when it said that consumer confidence "showed weak moves."

    --Consumers were more pessimistic on two out of the four key sentiment, income cond

  • 2019-05-08 01:31


    TOKYO (MNI) - Japan's economy is expected to post a contraction in the January-March period, hit by weak capital investment and private consumption.

    Economists are looking for preliminary Q1 GDP lower by 0.1% fall on quarter, or an annualized -0.2%.

  • 2019-05-07 17:03


    TOKYO (MNI) - Japan's economy is expected to post a contraction in the January-March period, hit by weak capital investment and private consumption.

    Economists are looking for preliminary Q1 GDP lower by 0.1% fall on quarter, or an annualized -0.2%.

  • 2019-05-06 22:15


    TOKYO (MNI) - Japan's economy is expected to post a contraction in the January-March period, hit by weak capital investment and private consumption.

    Economists are looking for preliminary Q1 GDP lower by 0.1% fall on quarter, or an annualized -0.2%.

  • 2019-05-06 22:15


    TOKYO (MNI) - The following are the median forecasts for Japan's preliminary GDP for the January-March quarter provided by economists surveyed by MNI.

    Monday, May 20, 0850 JST (2350 GMT Sunday, May 19): The Cabinet Office releases preliminary Q1 GDP.

  • 2019-04-22 05:00


    --Nippon Life: To Buy More Unhedged Foreign Bonds In FY2019
    --Nippon Life: Hedged Foreign Bonds To Be Flat Or Fall
    --Nippon Life To Actively Buy 20-, 30-Yr JGBs If Yld 1% or Higher

    TOKYO (MNI) - Japan's Nippon Life Insurance will increase its holdings of unhedged foreign bonds in the current fiscal year, after increasing its holdings by Y830 billion in the year ended on March 31, the company's chief fund manager said Monday.

    The company expects the balance of hedged foreign bond holdings to be flat or drop in the current fiscal year after reducing the balance by Y900 billion in FY18, Shinichi Okamoto, senior general manager of the Finance & Investment Planning Department at Nippon Life Insurance Company, told reporters.

    As for purchases of unhedged foreign bonds, Okamoto

  • 2019-04-22 02:00


    --Dai-ichi Life: Plans to Lower Yen Bond Holdings in FY2019
    --Dai-ichi Life: But Will Buy Yen Bonds If Yields Rise

    TOKYO (MNI) - Dai-ichi Life Insurance, Japan's second largest Japanese life insurer by assets, could cut or raise the balance of either unhedged and hedged foreign bonds this fiscal year, the firm's chief fund manager said Monday.

    The company plans to lower the balance of yen bond holdings during the period, as interest rates based on the Bank of Japan easy policy are too low to tempt investment, Akifumi Kai, general manager of the Investment Planning Department at Dai-ichi Life told reporters.

    But Kai said that the company will consider buying yen bonds if yields rise to attractive levels, without elaborating such levels.

    "We expect both interest rates

  • 2019-04-18 20:45


    TOKYO (MNI) - Japanese corporate demand for financing via bank loans in April fell from three months ago as the slowing global economy decreased companies' sales and capital investment, according to the Bank of Japan's quarterly survey of senior loan officers at 50 banks released Friday.

    The index for corporate fund demand -- calculated by subtracting the number of banks reporting a decline in lending from the number of those reporting an increase -- came in at +3 in April, down from +4 in January.