In response to the government’s decision to keep the selling price of imported wheat at the current level from next month onward as a countermeasure against soaring food prices, major milling companies announced one after another that they would keep the price of commercial flour unchanged.
In an interview, Toshiki Kawai, president of Tokyo Electron, one of the world's major manufacturers of semiconductor manufacturing equipment, said that the stable supply of semiconductors has become an issue for Japan as part of its economic security. He showed the recognition that it is necessary to strengthen investment in research and development from a perspective.
Last month, it was found that the number of companies that went bankrupt due to high prices, such as soaring raw material prices, was the highest in the past five years. Research firms say that there is a possibility that the number of bankruptcies will increase in the future, especially among small and medium-sized enterprises, as they will not be able to pass on the costs to the sales price.
The government has entered into final adjustments to hold a “state funeral” of former Prime Minister Abe, who died after being shot by a gun during a support speech for the Upper House election, at the Nippon Budokan in Tokyo on September 27th.
As the supply and demand of electricity continues to be severe, the Ministry of Economy, Trade and Industry has decided to develop a new transmission line that sends electricity from Hokkaido to the Tokyo metropolitan area through the seabed of the Sea of Japan. Renewable energy generated in Hokkaido will be made available in the Tokyo metropolitan area as well, which will help alleviate the tight supply and demand of electricity.
KDDI, which caused a large-scale communication failure that took 86 hours to announce the full recovery, decided to set up a new specialized team led by President Makoto Takahashi to investigate the cause and consider specific measures to prevent recurrence.
According to the Tankan = Corporate Short-term Economic Observation Survey released by the Bank of Japan, the index showing the economic judgment of the manufacturing industry of large companies was plus 9 points, 5 points lower than the previous time, and deteriorated for the second consecutive term.
Within the jurisdiction of TEPCO, it is expected that the heat will be fierce for 30 days, and the “reserve rate”, which indicates the surplus power supply capacity, is expected to be the toughest level in the last 4 days during the evening hours. They will continue the “Electricity Supply and Deman Tight Warning” and very cautious about heat stroke and are seeking to save as much electricity as possible while using air conditioners properly.
Toshiba’s general meeting of shareholders was held on June 28th, and the personnel case of accepting two executives from the investment fund of shareholders as outside directors was approved by majority.
The government will continue to issue the “Electricity Supply and Demand Tight Warning”, saying that the electricity supply and demand is expected to become severe on the 28th due to the continued severe heat within the jurisdiction of TEPCO. They are wary of heat stroke and seek to save as much electricity as possible while using air conditioners properly.
Demand for air conditioners will increase toward the full-scale summer, but there are concerns about shortages and delays in delivery due to the effects of semiconductor shortages. Air-conditioning manufacturers are conducting test runs of air-conditioners at this time, and if there are any problems, they are calling for early replacement or repair.