Many firms and organizations throughout Japan held in-person welcome ceremonies for brand spanking new recruits on Monday, the primary day of the brand new fiscal yr.
It is the primary time that main firms held such ceremonies because the outbreak of the coronavirus in 2020. For the previous three years, welcome ceremonies had been largely held remotely.
Among firms welcoming new staff was Japan Airlines which held its ceremony inside an enormous hangar at Haneda airport in Tokyo. Around 2,000 staff from JAL’s group corporations had been current.
Tokyo inflation cools for second month, however exceeds BOJ goal
Reuters – Apr 01
Core client inflation in Japan’s capital Tokyo slowed in March for a second month however remained effectively above the central financial institution’s 2% goal, information confirmed on Friday, highlighting broadening value pressures on the planet’s third-largest economic system.

Mizuho and Line to scrap on-line financial institution challenge in Japan
Nikkei – Mar 30
Mizuho Financial Group and messenger app Line are making ready to desert plans to develop smartphone-based Line Bank, Nikkei discovered on Wednesday, after price overruns and delays allowed opponents to hit the market first.

Japan outlaws ‘stealth advertising’
NHK – Mar 30
Japan’s Consumer Affairs Agency has moved to crack down for the primary time on the shady promoting follow often called stealth advertising.

BOJ’s paper loss on bond holdings spikes tenfold
Nikkei – Mar 18
The Bank of Japan’s paper loss on Japanese authorities bond holdings grew greater than 10 instances on the finish of final yr from three months earlier as rises in long-term charges undercut the worth of the belongings.
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