A private research institute that surveyed the impact of the spread of the disease on part-time and casual workers estimated that there are more than 1.4 million people in Japan who have lost more than 50% of their shifts and have not received payment for absence from work.
Japan Steel Corporation, one of the largest steel companies in the world, has decided for the first time to set a goal of reducing carbon dioxide emissions to practically zero by 2050 by using electric furnaces to produce high-quality steel instead of coal and by accelerating research into completely new steelmaking technologies that utilize hydrogen. The company will seek long-term support from the government to achieve the goal, which is expected to require a massive investment of around 5 trillion yen.
The Financial Services Agency (FSA) has decided to issue an order to the bank to report the cause of the problem and prevent its recurrence, based on the law.
On the bond market on the 25th, long-term interest rates, which are also used as a guide for mortgage rates, rose and hit 0.15% for the first time in two years and four months.
Kansai Electric Power Co. (KEPCO) has reported to the Agency for Natural Resources and Energy that the company's plan reflects a new policy to finalize a candidate site for an "interim storage facility" for spent nuclear fuel from its nuclear power plant in Fukui Prefecture by the end of 2023.
The number of laptop computers shipped in Japan in January this year increased 2.6 times compared to the same month last year, the highest in January total. This is due to the government's plan to deploy computers and other devices to elementary and junior high school students in order to create a learning environment that is compatible with the new coronavirus.
The Consumer Price Index, which looks at the price movements of goods and services consumed at home, fell for the sixth consecutive month last month (January), with the index excluding fresh food falling -0.6% compared to the same month of the previous year.
Japan's prime minister and central bank chief have got together to discuss the current state of the domestic and global economies have recovered to the pre-pandemic levels.