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 SoftBank Group’s financial results for the entire group from April to June this year resulted in a significant deficit of 2,162.7 billion yen in final profit and loss. This was mainly due to the recording of valuation losses on the stocks of investees held in response to the slump un the global stock market.

The amount of money spent on leisure activities during this summer vacation is about 68,000 yen per household due to the increase in the number of people going on trips, and the survey results show that the new corona will recover to the level before the spread of infection.

As part of countermeasures against rising prices, the government has set aside the costs necessary to introduce a system that gives points to households that have saved a certain amount of electricity, and a system that subsidizes part of the price of fertilizer for farmers. We have decided to spend more than 250 billion yen from the reserve fund for the fiscal year.

The Ministry of Finance held a meeting of directors of the Treasury Bureau on the 27th, leaving the nation's economic judgment as "gradually picking up."

The Bank of Japan decided to maintain the current large-scale monetary easing policy at the monetary policy meeting held until the 21st, while the Central Bank of Europe decided to raise interest rates for the first time in 11 years.

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.

After the House of Councilors election, the Kishida Cabinet intends to proceed with the overall concept of “new capitalism” and the concrete measures of “the bold policy” decided by the Cabinet in June.

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.

In preparation for the tight supply and demand of electricity, the eight prefectures in the service area of Tokyo Electric Power Company (TEPCO) have decided to call for power saving measures.

The Jakarta Transportation Agency is conducting a traffic engineering trial at the Hotel Indonesia Roundabout, Central Jakarta from 16:00 to 21:00 today, Monday (4/7/2022).