June 2009アーカイブ

Toray Industries and the Teijin group come one after another and review the production increase plan of carbon fiber. As for world's biggest Toray Industries, the adjournment and the construction of domestic new capacity also put off the production increase for two years or more in rice and a French both shops. Toho Tenaccs of the Teijin subsidiary also postpones the operation of new capacity for one year. Carbon fiber is shape that the brake was applied since the autumn of 2008 because of the simultaneous slowdown of the world economy though has expanded as a high performance it is lighter, is stronger than iron materials demand.

The annual production of Toray Industries is 17,900 tons in total. The line of 3600 tons increased in rice and a French shop among these at 2008 year-end postpones operating. The line increase of 1000 tons is completed in the Ehime shop (Ehime Prefecture Matsumaecho) in July, and this is an adjournment as for operation. It freezes for 2-3 years even if the line of 4000-ton class is scheduled to be newly established within the country in ten and it attaches.

Http://www.nikkei.co.jp/news/sangyo/20090617AT1D2200 F16 062009. Html * stock price information
･Toray Industries
http://company.nikkei.co.jp/index.aspx?scode=3402
･Teijin
http://company.nikkei.co.jp/index.aspx?scode=3401

Japan is good country!
http://japan-power.net/
PLEASE come here!

Toray Industries and the Teijin group come one after another and review the production increase plan of carbon fiber. As for world's biggest Toray Industries, the adjournment and the construction of domestic new capacity also put off the production increase for two years or more in rice and a French both shops. Toho Tenaccs of the Teijin subsidiary also postpones the operation of new capacity for one year. Carbon fiber is shape that the brake was applied since the autumn of 2008 because of the simultaneous slowdown of the world economy though has expanded as a high performance it is lighter, is stronger than iron materials demand.

The annual production of Toray Industries is 17,900 tons in total. The line of 3600 tons increased in rice and a French shop among these at 2008 year-end postpones operating. The line increase of 1000 tons is completed in the Ehime shop (Ehime Prefecture Matsumaecho) in July, and this is an adjournment as for operation. It freezes for 2-3 years even if the line of 4000-ton class is scheduled to be newly established within the country in ten and it attaches.

Http://www.nikkei.co.jp/news/sangyo/20090617AT1D2200 F16 062009. Html * stock price information
･Toray Industries
http://company.nikkei.co.jp/index.aspx?scode=3402
･Teijin
http://company.nikkei.co.jp/index.aspx?scode=3401

Japan is good country!
http://japan-power.net/
PLEASE come here!

Kobe Steel clarified the first expectation, confronting of the order outlook of "Yiyang Ekitoti machine" (Hunan Province) a Chinese joint investment that handled manufacturing the machine of the tire construction ahead in 2009 on the 19th, and the expansion to the dimension 200 per 2.2 time year.

The importance since March is recovering the automobile demand of China, and is especially Iu when rapidly recovering.

Shinko Shoji of group businesses is 10%, and Kobe Steel is 25 ..Yiyang Eki.. %, and it is start linguas in 1995 that a Chinese enterprise of the remainder in the invested Chinese joint venture as for operation.

In China, "Operating ratio of a Chinese manufacturer is 95% or more" (executive of a chemical major) that produces reinforcement in the rubber layer of the tire, and the recovery trend is clear now.

Shinko also is putting the equipment reinforcement of the judgment, "The automobile demand returned completely" (executive director Kazuo Shigekawa), and the tire construction machine in the future in view.

In addition, the demand for the car that considered the environment like the high mileage and the low noise, etc. had risen to similar developed countries, and the discussion that would transfer manufacturing the rubber manufacturing machine and the tester of the tire raw material produced at a domestic Takasago factory (Hyogo Prefecture Takasagoshi) to China in the future was started, too.

Besides this, Shinko works on the production of general-purpose compressors sent to a necessary place by compressing air of the use in a general shop by Shanghai, and schedules the number of production to be hiked from 1000 a year to 3000 in three years.

Export to Singapore that handled it at the Takasago factory is switched to export from China with the enlargement of the number of production.

【 forecast chart ]

- It is necessary like dangerous "One country concentration" efficiency improvement etc.

The automobile demand of China sustains the good condition as the new car numbers of sales during month exceeds one million by serial for three months until May. As for the purchase of the small car, the policy such as making the purchase tax a conventional half is a pushing up factor.

An increase in mid/long-term demand for such China is expected, and not only the automaker but also Bridgestone of the tire biggest business sends the false mount to about 1.5 times increase production the tire for the high speed operation as for Japan company in 2011. Chemically, Mitsubishi Chemical plans to start up the new factory of the resin used for the headlamp next April.

The active demand of China and Japan company also advances aggressively also the expansion of the order outlook of the machine of the tire construction of this Kobe Steel to 2.2 times at first in the backdrop.

However, the perception of a present rising demand "One by the policy to the last" is not few either.
The possibility that one's feet is scooped cannot be denied, and securing the base of the efficiency improvement etc. of a domestic shop is necessary if it shifts to China wholly-devoted.

- Machines of tire construction that Kobe Steel produces. Http://www.business-i.jp/news/ind-page/news/200906200022a1.jpg that has recovered order in Chinese shop to twice or more

- Kobe Steel (5406) Http://www.kobelco.co.jp/

- Source
http://www.business-i.jp/news/ind-page/news/200906200022a.nwc

Japan is good country!
http://japan-power.net/
PLEASE come here!

Chairman Akihiko Tenbo of Petroleum Association of Japan that was the industry segments group of the oil wholesale (president of Idemitsu Kosan Co., Ltd.) expressed concern to "100 dollars might be exceeded by summer if going as it is" and the crude oil amount about the futures price of the crude oil from the United States WTI that became an international indicator on the 18th. The influx of speculative funds pushes up the cost though the demand for crude oil drops worldwide.

After having applied the highest value 147.27 dollars last July, the futures price of the WTI crude oil is a downfall in rapidity.
It lowered to 30 dollar level in December of the same year. However, it rises gradually after February this year, and 70 dollars have been being exceeded by the closing price since June 9.

The chairman of Tenbo｢Even if OPEC (Organization of Petroleum Exporting Countries) decreases output, the inventory in the consumption country is in. The oil price goes up by the average. ｣It says.  Originally, if the inventory swells, the price falls. Still, Iu in case of it is because the capital flows the oil price's going up in the overhang in the increasing public spending and the low interest rate of the each country government and the capital flows into the crude oil trade.

Actually, the demand for crude oil remains dropping. The crude oil demand forecasting in the world of 09 years that International Energy Agency put out on the 11th is the daily yield 83.3 million barrels and the proportion 2.9% previous year decreases.
The sale quantity of gasoline has decreased domestically by the proportion about 2% of the previous year on the average every month. The this moon proportion 16.4% previous year decrease in April continue to the sale quantity of light oil that is the fuel such as tracks a drastic dropping.

Operating ratio of a domestic oil refinery remains by the demand decrease in 7-80 percent. Idemitsu Kosan Co., Ltd. is discussing lagging the operation of the Hokkaido oil refinery (Tomakomaishi) that entered periodic maintenance in the beginning of June after it repairs of the end of July by about one week.

- Transition of WTI oil price
http://www.asahi.com/business/update/0619/images/TKY200906180453.jpg

- Source
http://www.asahi.com/business/update/0619/TKY200906180452.html

Japan is good country!
http://japan-power.net/
PLEASE come here!

The government and Development Bank of Japan decided about 80% of the emergency loan for Japan Airlines that used public money on the 18th and the policy of guaranteeing the government was decided. Aim to which country mortgages repayment and management reconstruction is backed up.

The financing forehead that becomes an object is an expectation of 60 billion-80 billion yen. Moving a public warranty for the large company by the emergency response affairs is the first. The rising financing facility of the government to support the financing of the enterprise moves to running phase.

Severe self-help of this company for the administrative improvement along with the accountability of the government is asked to a large sum of public guarantee. Day Wataru is an outlook to declare the polarity of mid-term management reforms centering on restructuring and the earnings improvement policy on the 19th, and to request understanding to the public support from the government.

Http://www.nikkei.co.jp/news/keizai/20090619AT3S1801 F1 8062009. disclosure preliminary report of html * Japan Airlines stock price Http://www.jal.co.jp/ http://company.nikkei.co.jp/index.aspx?scode=9205
http://smartchart.nikkei.co.jp/smartchart.aspx?Scode=9205.1 * Development Bank of Japan http://www.dbj.jp/

Japan is good country!
http://japan-power.net/
PLEASE come here!

In a popular "Foreign exchange margin transaction (FX)" among the individual investor, furious opposition has occurred to tightening of regulations that Financial Services Agency aims at the implementation from this summer.
It is an aim to limit a trade that gambles and is high to be able to do hundreds of times buying and selling by the countermeasure that reduces the upper limit of "Margin magnification" that shows how many times entrusted money can be dealt with from present unrestricted up to 25 times in stages.
 The voice opposite to "The self responsibility is ..investment.. principle" pours in from the trader of FX and the investor.
A situation slight whether there are a lot of negative voices, and advance to the regulation easily also in the Liberal-Democratic Party.

When Yano Econimic Research Institute investigated for about 2700 individual investors in May, the investor of 91% is opposite to the regulation to "20-30 times".
The investor "FX is left" goes up to 22% if executed.
The opinion such as "The magnification was able to be dealt with and to deal with it only by the person who had the low and assets" was sent.

In the FX trade, 50 million yen can be dealt with in case of 2.5 million yen, and 500 times if the magnification is 25 times when the margin of 100,000 yen is entrusted for instance.
The damage grows, too, when the magnification is high and the margin blows off instantaneously.
The margin of the addition might be inserted, and the damage swell fast though the trade is released to compulsory when the damage reaches a constant forehead of the margin and the mechanism of "Loss cutting" that fixes the damage is provided.

Moreover, there is a trader of FX who falls into the operating crisis because of making up for a large sum of damage that the client received by the violent fluctuation of the quotation etc. , too.

Therefore, Financial Services Agency decides tightening of regulations from the standpoint of protection of investors, and is a dissemination lingua in the late-May as for the reduction idea.

Concretely, the repulsion of industry segments is considered, one year is assumed to be keeping things as they are at first, and one year will be reduced to 25 times in 50 times and two years afterwards.

Financial Services Agency..January..go..investigation..FX..trader..adopt..stay..occupy..regulation..execute..greater part of..drastic..magnification..reduce..approach.

Therefore, an opposite voice to "It cannot consent to regulate the whole uniformly" (money Partners) and "It is possible to correspond by the loss cutting rule" (FX prime), etc. gushes from industry segments.
The voice with "It is necessary to avoid an excessive regulation" comes out in the Liberal-Democratic Party.

"Futures trading damage nationwide society" of the attorney tela to work on the investment damage is an assertion without the loss cutting rule's functioning by the system down at the end of May, and enumerating the case where the damage swelled with a large sum etc. against this as for the opinion with "The regulation was too slow". Japan Federation of Bar Associations also is announcing the statement with "Gambling is high, and the regulation is necessary".

Financial Services Agency is a posture that is assumed, "The magnification of the margin trading of the share is about three times high and commodity futures is 10-20 times too higher FX", and forced at first according to the idea.

Though the FX trade to which the high-risk high-return has rapidly expanded by the charm
Well informed attorney Tetsuro Arai about the investment damage is speaking, "The involution Shite squid bamboo basket is not obtained as a money game".

http://sankei.jp.msn.com/economy/finance/090619/fnc0906192140017-n1.htm

Japan is good country!
http://japan-power.net/
PLEASE come here!

The reorganization of the petrochemical industry began finally to move. Mitsubishi chemical Holdings of the domestic biggest business and Asahi Chemical Industrial Co., Ltd. in the third place announce that they will consolidate the ethylene production equipment of the Okayama Prefecture Mizushima district. Either of of the one ethylene equipment will be disposed of after the co-parent company is established by 2012 next April.

In the backdrop in which the ethylene that is a basic raw material of the petrochemical product is consolidated, the Middle East and Chinese power to operate new equipment in addition to stagnant domestic demand in succession exist.

President Kiko Kobayashi of the Mitsubishi chemical asserts, "The commodity is fought and the ethylene petrochemical product at the center cannot fight against the Middle East power with price competitive ability equally". Therefore, it worked out the withdrawal from the petrochemical product in the leaving no margin such as vinyl chloride and styrene monomer in rapid succession. The equipment integration of the Ibaraki Prefecture Kashima district is advanced one of the two this company large bases when the future.

On the other hand, Asahi Chemical Industrial Co., Ltd. assumes, "It is an inclusion under discussion to drive continuation in present production capacity" (president Shiro Hiruta), and is not declaring the withdrawal from which petrochemical product so far. However, the possibility that moderation is urged from the petrochemical product that the expansion of production of overseas power such as styrene monomer is expected seems to be high.

Sawat Masami of the Credisis bond : about the width of the reduction of the ethylene production ability by the equipment integration of both companies. ｢About 400,000 tons a year in the Mizushima district. Match the Kashima district of Mitsubishi Chemical and about 820,000 tons a the greatest year｣It sees.  This corresponds to about 10 percent of the substance home manufacture ability 7.7 million tons at 2008 year-end.

Still, it doesn't seem to catch up with the prevailing trend. The shipment outlook of the domestic production petrochemical product in fiscal year 2009 remains by the ethylene commutation in about 4.7 million tons (Ministry of Economy, Trade and Industry examination). There are still as many as 2.99 million-ton excess amount, and, in a word, still big gap between supply and demand remains even if tempering with this combination effect.

It has not advanced up to now in industry segments at all though the necessity of the equipment reduction has been called out. "Strength of the Japanese group mentality. "  The manufacturer that cut the van because (two Fujoshi Ta presidents of Mitsui Chemicals) and executed a drastic ability reduction did not appear.
Additionally, there is details from which it is supported by Chinese special procurements, and the problem has been extended ahead, too. However, Mitsui Chemicals also has put out the movement for the efficiency improvement of the ethylene equipment with Idemitsu Kosan Co., Ltd. in the upper part of a river or more.

It is inevitable that the reorganization time comes further because the biggest business moved to integration. Movement to offer "Not the survival but remain" (Fujoshi president) becomes strong.

http://www.toyokeizai.net/business/strategy/detail/AC/c8d71451d560e7ba4c3627e5197d8602/

Japan is good country!
http://japan-power.net/
PLEASE come here!

Nippon Paper Industries..group..headquarters..stock acquisition..exchange of shares..Shikoku Coca‐cola bottli..wholly owned subsidiary..make..announce.0.39 Nippon Paper Industries group headquarters share shares are assigned to one Shikoku Coca‐Cola Bottling share share.
Exchange of shares is scheduled to be executed on October 1. As a result, Shikoku Coca‐Cola Bottling becomes a delisting dated September 25.
Moreover, the Nippon Paper Industries group headquarters is a decision lingua as for the acquisition of 54.93% of the issued stock of Shikoku Coca-Cola Bottling and the cola that Nippon Paper Industries that is 100% subsidiary of this company owns on June 18(schedule) from Nippon Paper Industries.

Japan is good country!
http://japan-power.net/
PLEASE come here!

Nippon Paper Industries..group..headquarters..stock acquisition..exchange of shares..Shikoku Coca‐cola bottli..wholly owned subsidiary..make..announce.0.39 Nippon Paper Industries group headquarters share shares are assigned to one Shikoku Coca‐Cola Bottling share share.
Exchange of shares is scheduled to be executed on October 1. As a result, Shikoku Coca‐Cola Bottling becomes a delisting dated September 25.
Moreover, the Nippon Paper Industries group headquarters is a decision lingua as for the acquisition of 54.93% of the issued stock of Shikoku Coca-Cola Bottling and the cola that Nippon Paper Industries that is 100% subsidiary of this company owns on June 18(schedule) from Nippon Paper Industries.

Japan is good country!
http://japan-power.net/
PLEASE come here!

An overseas, popular, casual major advances to 21 districts in successive Yokohama and Minatomirai (MM).
Henes and Moritz (H&M) in Sweden is about the first ten days of September.
A store is opened in the Yokohama landmark plaza. British Top Shop entered the final adjustment with the developer in the direction that moved in the commercial facility of the practice schedule for this autumn in the same district. Both branch shops outside Tokyo are the first time.
The competition of a popular brand that overheats in the center of a city seems to start also in Yokohama.

H&M enters 3 and the fourth floor of the landmark plaza from JR Sakuragicho Station from which being at 5 minutes on foot.
An existing tenant will finish the withdrawal and the relocation in facilities by June. Construction for the practice will start in the future.
In Top Shop, TOC is a under discussion in front of Sakuragicho Station as for the branch shop in the complex of the under construction.
The floor space and good traded, etc. are consulted. Valid publication is scheduled by the end of June.

http://www.nikkei.co.jp/news/sangyo/20090610AT1D0907509062009.html
*H&M
http://www.hm.com/jp/__startpagenoflash.nhtml
*TOPSHOP
http://www.topshop.com/


Japan is good country!
http://japan-power.net/
PLEASE come here!

FamilyMart was about 290 stores where the sliced raw fish was sold, and "Straw (straw) combustion single-hook fishing bonito concrete facing" (358 yen) that used the bonito that received in season in early summer was put on the market.

The convenience store's handling the bonito concrete facing is the first. After deep-frying of the bonito edge water used, the quick freezing in the shipboard at once. When good was confined suppressing peculiar stinky by singeing it at a dash by "Straw scorch coming" from of old, it is Iu.

http://www.business-i.jp/news/ind-page/news/200906180049a.  The nwc http://www.family.co.jp/topics/2009/090612_8.html convenience store is the first. "Straw (straw) combustion single-hook fishing bonito concrete facing" is put on the market.
http://www.family.co.jp/topics/2009/090612_8.html
http://www.family.co.jp/company/news_releases/2009/090612_8.html
http://www.family.co.jp/company/news_releases/2009/hc0g740000015ujs-img/hc0g740000015ulr.gif

Japan is good country!
http://japan-power.net/
PLEASE come here!

21 districts of Yokohamashi in Minatomirai (MM) also have influenced it by the prolonged recession.
Because the prospect of the real development in the future is not good except that plural building construction plan has stopped, the case where tentative facilities extend the long lease is successive.

It is adjacent to the east side of Yokohama Museum of Art, and Minatomirai Station and 34 squares (about 18,000 square meters) connected directly.
Mitsubishi Estate announced the construction project of the complex in commerce and the house last July. The prospect of the tenant branch shop did not look up, and starting constructing was put off though the schedule of starting constructing during this month.

This company reveals it , saying that "The adjournment of the refusal and the judgment has been told across the board though several companies were going to have opened a store last autumn".

Besides this and the office building that Mitsui Fudosan is planning by 67 squares of the Yokohama Ekito entrance are moratoriums as for construction.
Because the operating company had gone bankrupt, the plan was pending in 43 squares along the Minatomirai Main Street.

The use of tentative facilities is being prolonged while the real development frustrates it one after another. After few bubble bursts, the trader who starts the real development allows Yokohamashi the tentative use in the range where there is no obstacle in a real land application in the future. Cosmowarld, Kanagawa Toyota Motor Corp., and the used car stand and the bread of Ann Yokohama man child museum etc. of Kanagawa Nissan Motor have advanced.

The short-term task is large-scale shopping facilities "Jac lace. " though the used car stand etc. have already extended the long lease.
Corporate juridical person "Yokahama Port・s Future 21 Project" made from the proprietor in the MM21 district such as Yokohamashi makes the gentlemen's agreement of which ten years are use about tentative facilities comprising plants and buildings, and this facilities come this time limit at the end of September.

Landowner Nippon Yusen assumes, "The intention of the extension is told, and consulted from Shimizu Corporation of the enterprising body".
The city MINATO MIRAI 21 promotion section assumes, "Discuss it in the direction where the extension is approved" in the extension though the accord gets the trouble.

Cities assume 190,000 person target of the employed workforce of the MM21 district, and are about 63,000 people as of December last year.
When this division completes all office buildings in under contemplation, the employed workforce is predicted to become it 100,000 people near.
Biru where the plan stops seems to be included in the prediction, and to still take achievement time though there are a lot of good signs as the construction of the research base of the Nissan headquarters and Fuji Xerox Co. advances, too.

The source
http://www.tokyo-np.co.jp/article/kanagawa/20090618/CK2009061802000066.html

Japan is good country!
http://japan-power.net/
PLEASE come here!

Foreign Minister Memediyarof in old Soviet Union Azerbaijan where Japan is visited assumes the natural gas field more than five income tax years of consumption during the year of Japan to have been found by the reserve newly in the oilfield in Caspian Sea that Japan company also is investing according to a single interview of NHK, and an assertion stripes lingua of the expectation in a further investment from Japan.

Foreign Minister Memediyarof described the ACG oilfield in Caspian Sea that the oil development company and the trading company in Japan were investing, "Recently, a huge amount of natural gas was found", was discovered a new natural gas field where the reserve went up to 500 billion cubic meters, and clarified the calositas in this. It is offshore in Caspian Sea left from capital Baku by 100 kilo, and another and Japan company of major oil of Europe and America also have been beginning the real production of crude oil for 4 years in participation Shite in the ACG oilfield.

The reserve of the gas found this time exceeds five income tax years a year of Japan of consumption, and the trading company in Japan also equals advanced petroleum natural gas project "Sakhalin 2" of participation Shite in Sakhalin. Foreign Minister Memediyarof describes after the development of this gas field is specified, "Plural foreign companies have already advanced the conference aiming at equity participation", "Japan and the enterprise in Azerbaijan are cooperating closely in the energy field such as oil and natural gases", and is an assertion stripes lingua in the enlargement of the investment from Japan company as for the expectation.

- Source
http://www3.nhk.or.jp/news/k10013728321000.html#

Japan is good country!
http://japan-power.net/
PLEASE come here!

The worst settlement of accounts ever was received this year, and shareholder's visual line became severe though general meetings of stockholders of the enterprise faced the peak on the 26th next week. "Voting right exercise" is flashed for the review of the director retirement special service bonus and the acquisition defense measures, and the election of the management team and there are a management and a confronted case, too.
An inevitable general assembly for the rage is faced the getting over shareholder's understanding is obtained or the enterprise that expects the bottom line turn around faces the crucial moment though it doesn't know.

It is a person in charge of the major asset management company that strengthens the tone , saying that "Face it especially severely this year".
It is not so far and the posture of the investor to whom the voting right exercise is consigned is Iu this year when it is strong feeling.

An ordinary amount of decrease in profit decreased the Financial Statements for Fiscal Year Ended March 31, 2009 of principal enterprises according to The Nomura Securities monetary economy laboratory and the dividend aggregate amount decreased worst for as much as 600 billion yen in the proportion 60 percent or more of the previous term and the past. In the investigation of the finance laboratory in Nomura, about 80 percent of the individual investor who answered in this general assembly, "The voting right is exercised" answers, "There is a dissenting legislative bill", and about 40 percent has enumerated the decision legislative bill of the director retirement special service bonus. To forestall it to it, 81 companies such as Sega Sammy Holdings (HD) and Toyobo Co., Ltd. abolish the special service bonus, and 238 companies are the abatements and the dissemination settlements when returning it as for executive salaries.

On the other hand, enterprises that drive it are as many as nine outlooks in the general assembly according to Daiwa Institute of Research Ltd. that decrease from the previous term with 19 companies as for the shareholder proposal. There cannot be an enterprise though it is because the offensive of "I shareholder" like the foreign affiliate fund etc. has become duller along with the finance crisis even if it is pleased.

It is because the acquisition defense measures to the hostile takeover assumed to be a trump card is introduced in this year's general assembly and the criticism "The crisis of the hostile takeover is used by Yasumi of the management team though became distant, and shut it to the road of the reorganization that raises the enterprise value" gushes from the shareholder to the continuing movement.
The Japanese proxy governance to advise the voting right exercise to the shareholder, the standpoint of "Opposite the principle" is declared in the acquisition defense measures.

Moreover, there are personally even moving ..notifying of the management team.. in the boiling coconut and general meetings of stockholders of the industry in the deterioration in earnings.
In the general assembly of Aderans HD in May, a part of personnel idea of the management was voted down, and the shareholder proposal of the U.S. investment fund was passed.

The criticism to "Cross-shareholdings" surfaces, too. It is because a lot of enterprises post enormous amount of valuation loss by fall in stock prices, and the analyst expected, "The shareholder who dissents to the director election idea goes out" from dissatisfaction with possession each other is abundant.

The Nishiyama Kengo strategist in the finance laboratory in Nomura｢It is not mysterious this year even if what legislative bill is voted down. The effort that the enterprise deepens the more communication with the shareholder is necessary to get over the general assembly. ｣It specifies it. 

- Source
http://sankei.jp.msn.com/economy/business/090618/biz0906182228015-n1.htm

Japan is good country!
http://japan-power.net/
PLEASE come here!

ETF invested in the construction of the local currency of 8countries in Asia government bond and the government debt (semi-government bond)"ABF pan-Asian fixed income debt index fund (The short title: Asian government bond and government debt ETF)" is the listing linguas in Tokyo Stock Exchange on June 19. This ETF is a state street.
･Global Adobaizarz (SSgA) Singapore Ted Rimi operates it. The first fixed income debt interlocking type ETF in TSE. The investment is possible from the minimum investment forehead 10,000 yen, and unit of trading is one item unit. The allocation of investment to China is a mechanism invested in a Chinese government bond of the yuan construction, and when Hong Kong is included, about 37%.

It began to deal with for 12360 yen at the listing first day in TSE, and the close was 11500 yen. In the conference set after the ceremony of the listing, head Jiso of Yamamoto Sachi of SSgA :. ｢The listing of fixed income debt ETF was achieved following listing lingua money ETF (SPDR Gold share) today last June. I want to provide ETF suitable for the investor needs to provide the occasion of a new investment opportunity and the risk sharing continuously. ｣It solved and the volition was shown.

China (distribution ratio of classification by countries =17.76% as of the end of May), Hong Kong (18.77%), Indonesia (6.08%), South Korea (16.40%), Malaysia (10.58%), the Philippines (5.25%), and Singapore (14.9%) and Thailand (10.06%)8countries that this ETF invests in Asia. Indices that aim at management that synchronizes with iBoxxABF pan-Asian index
･Fund. It already reaches the Hong Kong bourse and Kiagl of listed Otorits from the listing day to the end of May in 2009, the listing Shite descending and July 7, 2005 has reached + about 30%(After compensation and the deduction of the charge, dividend reinvestment lingua situation) with the US dollar construction base.

The equity an item of this ETF as of the end of May is 111.16 US dollars. Total net assets are 1 billion 537 million US dollars. The number of putting in brands is 313 brands. The average yield of the fund is 3.87%.

- ABF pan-Asian fixed income debt index fund (1349) Http://www.abf-paif.com/jap/jp/fund_details.aspx

- Source
http://news.searchina.ne.jp/disp.cgi?y=2009&d=0619&f=business_0619_126.shtml

Japan is good country!
http://japan-power.net/
PLEASE come here!

The stock price due to a worldwide finance crisis has dropped the price drastic, and I see in the summary such as Tokyo Stock Exchange until March this year.  positively bought the share of Japan company listed from the sense of low price etc. a domestic individual investor

In this, a domestic five horn bourse such as Tokyo Stock Exchange is a consequence that brings the situation of the shareholder of about 2900 listed enterprise companies together, and understood what.

As a result, the possession ratio of shares of foreign investors who had enormous influence in the kipper and the stock price trend of Japan decreased more than the same time of 23.6% and the previous ages with Setokiten by four points in March this year.

On the other hand, a domestic individual investor goes up oppositely by 1.9 points and is 20.1% lingua of Rima Tona.
After it launches an inquiry in the current shape in 1970, Nobolhaba is a the greatest further.

A domestic individual investor is a lingua of Rima shape Tona that it begins to have bought the share from the sense of low price of the stock price and expectations to anticyclic measures positively while foreign investors sold off a large amount of possession shares until March this year due to a worldwide finance crisis.

http://www3.nhk.or.jp/news/k10013755091000.html
http://www3.nhk.or.jp/news/K10037550911_01.jpg

Japan is good country!
http://japan-power.net/
PLEASE come here!

Fiscal year 2008 of five bourses of the whole country of the 19th.
The consequence of the distribution of stocks situation investigation (listed companies of five nationwide bourses except Jasdaq) was announced.

The number of individual stockholders (number of total) at the end of March in '09 increased by 2.27 million preceding fiscal year proportion people and exceeded 40 million for the first time by 42.23 million characters according to it.
The number of individual stockholders is renewals when 13 years in a row as for the highest in the past. An individual equity stake became the advance of the proportion 1.9% previous year point 20.1%.

TSE thinks that it is because the number of investors who newly buy it increased from strengthening of the sense of proper price by the sliding stock price since September last year as a backdrop that the number of individual stockholders increases drastic.

Foreigner's equity stake becomes 23.6% and the proportion 4.0% previous year point has decreased.
The decrease in the foreigner possession ratio was 2 years in a row, and after the start of the investigation (1970), the width of the decrease became a the greatest.
The trust bank is a point advance.  1.5% every 19.0%The business company is an advance lingua when 22.4% and 2 years in a row of 1.1% point increase.

The source
http://jp.reuters.com/article/stocksNews/idJPJAPAN-38641320090619

Japan is good country!
http://japan-power.net/
PLEASE come here!

Osaka Securities Exchange announced that they established foreign exchange margin transaction (FX) marketplace on July 21 on the 16th. The investor can deal with it by combining nine kinds of currencies like yen and the US dollar, etc. with the entrusting Tau ..margin of tens of thousands of yen.. food in minimum. The FX marketplace with the bourse comes in the second place following "365" of the Tokyo financial transaction place.

OSE is dated the 16th and a purchase lingua from Financial Services Agency as for the authorization of the marketplace establishment. Time zone that can deal with it is 3 to which the U.S. New York applies the summer time - November is 6:00AM from 7:00AM to the next day.
All day can be almost dealt with besides until 7:00AM from 8:00AM to the next day.

- Osaka Securities Exchange--The foundation of the bourse foreign exchange margin transaction marketplace (The pet name: OSE FX) is PDF Http://www.ose.or.jp/profile/press/090616_14742.pdf.

- Source
http://www.nikkei.co.jp/news/keizai/20090616AT2C1600X16062009.html

Japan is good country!
http://japan-power.net/
PLEASE come here!

The enterprise that loses reserve force that turns money to shareholder's dividend stands out by the worsening of business performance. It went up to 474 companies that the company that decreased the foreheads more than the previous year hits 35% by 154 that the company that adjusted the dividend to 0 hits 11% of the whole though it divided when Asahi Shimbun totaled the accounts for the year ending March for 09 years of the enterprise that listed on the Tokyo Stock Exchange first section.

Total objects are 1362 companies. Each company consults general meetings of stockholders that will open "Appropriation of surplus idea" including the dividend forehead by the end of this month.
When both ideas of the no dividend and the dividend cut are matched, the entire half the number is 628 near companies (46%). The spurt lingua in 2.7 times from 229 companies at the previous term.

Newly deficit lingua Toyota Motor adjusts the dividend to 100 yen of the proportion 40 yen down of the previous term during year. After the listing, the first dividend cut.
Mitsui & Co., Ltd. : the end of the period of the one who has made the interim dividend to the no dividend. When 20% was exceeded only by the interim dividend without the bottom line in the latter six months of the term expanding, it is Iu though the policy of turning 20% of the net profit during year to the dividend is taken.

Oppositely, companies that raise the dividend are 202 companies (15%). The net profit or loss is a deficit and there are 13 company enterprise that increases a dividend in the inside though it dropped below the half compared with 524 companies at the previous term, too.

SONY of the LCD TV that is in a slump and falls from the highest profit (369.4 billion yen) in the past of the previous term to the deficit of 98.9 billion yen is a dividend increase from 42.50 yen and 25 yen a share. The degree of deficit increases a dividend and the first Sankyo of the Shinnihon oil of 200 billion yen or more and a large oil wholesale major (12 yen and →20 yen) and the medicine manufacture majors (70 yen and →80 yen) also increases a dividend. It seems to consider becoming strong the stable shareholder's securing and the dividend intention of the shareholder.

Peak in general meetings of stockholders the 26th this month, and holding schedules of 681 companies that hit 50% only on this day.
It is still far from the diversification that comes for the investor to attend easily by the level-off almost like 53% the intensity on the peak day as for 07 years, and 49% as for 08 years. (Nagashima study and Tsuru Yoshichika)


http://www.asahi.com/business/update/0612/TKY200906120354.html

Japan is good country!
http://japan-power.net/
PLEASE come here!

After the start of the investigation in July, 1992 in June, the capital aggregate amount that the listed enterprise procured by a domestic capital increase through public offering was expected to record the height.

Toshiba and Nomura Real Estate Development Holdings (HD) are the implementation lingua straightening of a large-scale capital increase by the end of the same month besides announcing that the amount raised of the capital increase through public offering that Sumitomo Mitsui Financial Group executes in the 15th and June will become a the greatest 923 billion yen. The economic environment Socou expectation was reflected and the financing from the marketplace of the enterprise that had dysfunctioned due to the finance crisis began to be activated.

The capital that Mitsui Sumitomo procures domestically by the end of June is 384.8 billion yen. It is certain that the aggregate amount in which Toshiba and Nomura Real Estate Development HD are added to this reaches about at least 730 billion yen, and exceeds February, 2001(552.7 billion yen) that was the highest up to now drastic.

Mitsui..Sumitomo..issue..number of stock..the greatest..share..April..capital increase..dissemination..lingua..same..procurement..forehead..upper limit..April..swell.For the acquisition decision etc. of Nikko Cordial Securities in addition to the recovery of the entire stock market to be had a good feeling, and the stock price is straightening of the advance lingua.

The investor strengthened the risk reduction posture since it was financial critical of the last autumn, and the situation with a difficult financing from the marketplace continued to the enterprise. However, Bank of Japan is an implementation one after another this year as for the easy credit policy of purchase etc. of loan C/P bought (CP) and the debenture that the enterprise issues for a short-term financing. The market mechanism shows the amelioration trend recently as the subscription to the Cerebral paralysis purchase operation vanishes.

In addition, "Investor's investment intention improves it" (major bond) also gives the good influence as the hitting bottom expectation of the economic environment is received and Nikkei Stock Average (225 kinds) recovers 10,000 yen level.

- Diagramatic chart
http://www.yomiuri.co.jp/photo/20090616-266743-1-L.jpg

- Source
http://www.yomiuri.co.jp/atmoney/news/20090616-OYT1T00052.htm

Japan is good country!
http://japan-power.net/
PLEASE come here!

It comes here and the improvement in stock price trend attracts attention. It kept momentary, and Nikkei Stock Average interrupted recovered gradually, and exceeded 7000 yen in the furnace by the closing price below the mark of 10,000 yen on June 12.
Still, there might be still a lot of people from whom now thinks about only Changsu and the stock investment only in Yasui from the level before the shock of the sub-prime. The situation in which the exit is not seen still now continues to depression of business to which Tomoi cracks on the other hand by one degree every 100 years. Whether when the decreasing tendency of the revenue puts the brakes is not understood, and the livelihood of one's feet is not naturally easy at all.

There is exactly a cut of brand Era that wants to be paid attention only still of "Amount of stocks of depression of business". It is to pay attention to the shareholder preferential treatment. The shareholder preferential treatment is a privilege that the enterprise provides the shareholder as its name suggests. A lot of its own merchandise etc. are sent to the person who had the share at the right fixed date of the business terms end besides the dividend. If it is Iu, the one like "Omake" that can surely be gotten whether the present for the shareholder, and for the stock price to rise to the shareholder thus regardless of.

The place where the stock investment aims is profit on sale or a dividend by rise on stock price, the shareholder preferential treatment, it exists, and it can be said it is mistaking the means for the end to choose coming brand. There is an investor who insists that it should turn to the dividend if a Japanese in so many examples not are in foreign countries usage, and there is to begin with such room, too. However, it is shareholder preferential treatment according to circumstances that Mellit that cannot be made light of as mere Omake is brought. The case for the investment return to exceed 10% a year when converting it into the amount is not few.

For instance, the ownership share is gotten for GABA that manages the English conversation school and the shareholder of one-2 strain can get the discount coupon of 5250 considerable yen that can be used for the lesson purchase of this company twice a year. When the investment return is converted for one ownership share share, about 40%. (The stock price as of June 12 is 26400 yen. The trading unit is a 1 strain. )It becomes it. 
Sofmap of digital goods sales such as personal computers presents the coupon of 3000 considerable yen to the shareholder more than 100 shares once a year. The investment return with 100 shares is about 17%. (172 yen. Trading units are 100 shares. )..putting out.. .If it is a person who uses the English conversation school, and it is a person who often buys digital goods, might Mellit University. The idea of choosing the investment detail valuing the shareholder preferential treatment is an ant enough though it is a major premise to check the corporate performance, the financial situation, and the prospect, etc. minutely of course.

- Implementation enterprise that exceeds 1000 companies

The number of shareholder preferential treatment implementation enterprises has increased steadily. The trend that introduces or enhances this to press the long-run possession of the share after the 90's when the quotation languished has especially become strong.  The implementation enterprises that were about 200 companies at most are exceeding 1000 companies now the 90's. It is a diversification of the preferential treatment contents that want to pay attention in above all. As for the shareholder preferential treatment, it is general in the note and the gift certificate that has the preferential treatment use ticket and the generality of assortment and the service of its own merchandise. However, the unique one that it is possible to visit the idea and the play mind of the enterprise has increased in recent years, too.

｢It presents cash to the person who gives the right answer to the quiz by the lottery, and the lottery is delivered. There is shareholder preferential treatment that brings intangible Mellit of mental satisfaction by a social contribution in the inside, too. ｣
(SBI bond and charge of announcing to public to provide retrieval function of shareholder preferential treatment implementation enterprise in client site)

It is an ion lace that introduced a social contribution into the shareholder preferential treatment. The ion gift card, the catalog gift, and the carbon offset service purchase Noi slippage that can be used in an affiliated shopping center can be chosen. It is possible to contribute to the CO2 reduction project by buying the carbon dioxide emission right for the shareholder preferential treatment goods equivalent value when the carbon offset service is chosen. In addition, there are a lot of shareholder preferential treatment that makes the best use of the identity of the enterprise of the preferential treatment discount etc. of the home bathing service and the Gan medical examination.
The securities firm that can retrieve the brand by inputting the contents of the shareholder preferential treatment and the condition of the investment return etc. like the site of the SBI bond also appears.

- The special preferential treatment that the quiz correct answer and is hit also

The shareholder preferential treatment becomes a raw material for it to support the stock price below. Actually, the stock price falls in the brand for which attractive preferential treatment is being provided on the boundary of the right fixed date. How if coloring is assumed to be one factor that brings the investment interest to the livelihood and the shareholder preferential treatment is reviewed though it is necessary to note that there is a case where the stock price languishes to the brand where the preferential treatment investment return is high by the worsening of business performance, too.  might


- Source(The concrete example of the enterprise that gives preferential treatment to a unique share is introduced. )
http://trendy.nikkeibp.co.jp/article/pickup/20090610/1026902/?ST=yahoo_headlines&P=1

Japan is good country!
http://japan-power.net/
PLEASE come here!

The stock price of the Tokyo stock market is a restitution lingua as for the level in October last year immediately after "Riemann shock".
The investment to the share also has the possibility that the hemihedry and the disadvantage to be able to expect the capital appreciation swell. Investor's Kane is returning to such "Risky assets". However, it is neither thought that respect of the expectation preceding is also strong the future is not nor Ban'ishi.

Nikkei Stock Average temporarily hit the mark 10,000 yen after an interval of about eight months on the 11th. The calculation to have regained about 60 percent of the width of dropping from the Riemann shock in September last year from the first basement by the advance of 3,000 yen in March. The closing price was 9981 yen in Yasui and 33 sen at 10.16 yen (0.10%) from interrupt and the day before as for 10,000 yen.

It is an investment fund of the United States and foreign investors of the hedge fund etc. that occupy the half of the buying and selling of a domestic main stock market. Sales are from purchase to a lot of continuing during 7 months "Selling on balance" in foreign investors from September last year to March this year that is. It turned into net buyer in 4 and May.

The Tomiru movement daily life that came about to buy it by the mark-down of a domestic individual investor of a worldwide share extends. The capital influx to the investment trust is added continuously in 4 and May according to the investment fund association.
Popularity gathers in the investment fund etc. intended for a Chinese share that changes to advances a little earlier than marketplaces in Japan-U.S..

The investor transferred Kane from merchandise with the hazard of the price fall to safe even a little assets like the government bond, and was waiting for the storm to pass in the finance crisis. Movement to return Kane from Mite "Riskless assets" to "Risky assets" appears in marketplaces other than the share when the crisis completed the first stage.

The crude oil futures of the New York marketplace applied 70 dollar one barrel = level after an interval of about seven months this month.
Aluminum that the auto production must be inactive and the number of inventories increased rises, too. The restitution of the grain market such as the soybean and wheat is also remarkable. The pension fund etc. who are the main institutional investors seem to return the capital aiming at "Diversified investment", and to flow in again more quickly the capital of Kane the actuate speculative.

However, the anxiety about "False bottom" also shadows it to the price action of one's feet. The perception "When the environment of the reed ball, employment, and the income worsens, the effect of the fiscal policy in each country is 'Double bottom'" (chief researcher ..NLI Research Institute.. Yasutsugu Yajima).

..14,000-yen level.. ..92.. downfall from about 39,000 ..Nikkei Stock Average.. yen at 89 year-end. Afterwards, movement of becoming stagnant 20,000 yen and declining was repeated though it changed to the advance. "After all, fall when entering earliness to tighten after who has made the increasing public spending. "  There is an indication as (strategist), too and the future is still opaque.

There is a voice to worry and going up of the long-term interest rate of Japan-U.S., too. Because the government bond is sold in the marketplace, the advance of the long-term interest rate :. It can be said that movement that the capital flows from the government bond of "Riskless assets" such as shares, and there is an anxiety that it is sales that dislike a large amount of issue of the government bond, too.

The negative aspect to thwart the capital investment of the enterprise and the housing loan debt of the individual goes out if becoming "Bad interest rate rise" not to accompany the restitution of the real economy, and it ..bud of the economic recovery.. ..Tsumi.. doesn't sleep.

- Source
http://www.asahi.com/business/update/0612/TKY200906110388.html

Japan is good country!
http://japan-power.net/
PLEASE come here!

It has been understood that the latent equity holdings profit of six major banks groups like financial Mitsubishi UFJ group etc. mounted up to 1.75 trillion yen in total from examining Daiwa Institute of Research Ltd..

The situation changed completely by a rapid restitution of the stock market as Nikkei Stock Average recovered 10,000 yen level though the book loss of 400 billion yen or more was held at the end on March this year.

The trial lingua is chief Akira Takai analyst of Daiwa Institute of Research Ltd..
The Nikkei average calculated 10,000 yen in assumption that the situation of the possession share of six groups in the major bank had not changed from Setokiten in March this year and the appraisal profit or loss was calculated by the stock price at the time of the lingua of the restitution of the 12th this month.

It will change to enormous amount of embedded profit in only two months or more and it gets a calositas though "Stock price crisis" according to the finance crisis, and the book loss of 429.2 billion yen in Setokiten in March this year when the Nikkei average applied 8109 yen.

Mr. Takai is specifying, "The restitution of the Japanese economy is a plus to the improvement of "Physical fitness" of the bank though the latent equity holdings profit is not related to the enlargement of lending at once".

http://sankei.jp.msn.com/economy/finance/090612/fnc0906122200015-n1.htm

Japan is good country!
http://japan-power.net/
PLEASE come here!

Company limited Wacom introduced a new paperless conferencing system by which company limited Tokyo Stock Exchange used the liquid crystal pen tablet of Wacom for the conference room of this company on June 9, 2009, and announced in May of the same year the start lingua management. System design
･The company limited imaging system took charge of the delivery.

All are transforming into electronic data in Tokyo Stock Exchange according to the introduction of a new system as for the one that the material that became page 50 on page 30 it had been distributed up to now by about tens of.

The speaker can write stress sign/supplementation in material by using the liquid crystal pen tablet in longhand. Because this content was displayed on the screen in the attendee seat by the real time, the clarification was able to be made comprehensible in visual, and it came to be able to see a pertinent part in material adequately.

The attendee leaves the sign in an important part and the question of material by using the liquid crystal pen tablet and because an accessory and a hand-written memo can be written directly in data, the matter to which confirmation Shite wants to come can be left like the note.

Management and it came to be able to manage material and to being able to perform uniform management of the log, and these material at a high security level.

The effect of a new system wants to be widespread further of a similar system in the meeting of starting in-house, and when the increase of equipment is discussed, Iu in Tokyo Stock Exchange in the argument with a thick paperless and contents etc. from the appearance calositas as for board of directors.

Wacom will propose the effect using the liquid crystal pen tablet aiming at a wide field like the enterprise, government and municipal offices, and the group, etc. in the future, and aim at the sales enlargement.

- Wacom http://www.wacom.co.jp/

- Tokyo Stock Exchange http://www.tse.or.jp/

- Imaging system http://www.eizo-system.co.jp/

- Source
http://japan.internet.com/webtech/20090609/4.html

The Nomura Securities introduces the employment system of the yield compensation type that employee's compensation synchronizes with bottom line in July.
The entire employee of about 45% is supposed to move to this occupational category in a domestic corporation trade division by the one to make the employee can voluntarily select the occupational category that is called "Holders of specified equity securities" newly introduced.

Talent's with the employee of the old Lehman Brothers Holdings coming from fusion is hurried up by taking the way of working that looks like the foreign affiliate financial institution.

It is about 850 people that even holders of specified equity securities decided the bird clapper among about 2400 domestic employees who become objects of the shift in July. 700 people or more who became about 45% seem to have decided the bird clapper to holders of specified equity securities especially in the civil law person trade division (about 1600 people).

The probability that the number of people swells is large because the employee who did not choose either can select the shift after next year in the future this time.
http://www.nikkei.co.jp/news/keizai/20090610AT2C0901P09062009.html

 It ..1,000 company.. interrupted after an interval of about 28 years from the end of October in 1981. The listing is abolished for the saving money as the enterprise that lists on Tokyo Stock Exchange comes one after another after the new listing reaches the ceiling due to economic environment progression of the disease. OSE thinks that they want to enhance the support service for an undermanned up to now listed enterprise, and to hold off the delisting.

The setback of the number of listed enterprises of OSE after a peak of 1336 companies at the end of February in 2002. The decreasing tendency continued as falling below in 04 etc. than 1,000 companies in total for one two. Jeiorgluphorldings is an abolition schedule, and the setback will be an outlook in July that continues now when the future.

The trading value of the cash stock of one OSE in May, '09 accounts for about 80 percent by the main five such as Nintendo and Murata Mfg., and the extremely few one is the realities in the buying and selling of other shares. Therefore, it can be said that it changes to a TSE single listing and the number of enterprises that are "The mitigation of the double listing cost" (Shofu of the dental equipment manufacturer) has increased.

Not seeing is a fact in effectual measures though described by OSE to hold off the delisting more than this, "It is necessary to establish a marketplace different from TSE, and to raise the brand value" (marketplace project headquarters).

http://www.chunichi.co.jp/s/article/2009060101000826.html

The securities firm is putting a force upon unique making up store such as mobile shops where the track was remodeled and joint stores with the cafe aiming at an individual client.

In the metropolitan area, the kabu.com security of the Internet bond major is going it round "Movement sales office" that remodels the track. Various procedures of the establishment application of the bond account and the transfer request etc. of the stock certificate and the investment fund can be done in the store. The stock price board is set up by the interior with feeling of luxury "The sensorium lingua of the foreign trade salon of the department store" (this company).

"Branch shop. " in street lined with office buildings of the lunchtime and the event site of sports. The person in charge speaks with "I want to tie to the individual investor's win by facing business" (person in charge).

King of the business The Nomura Securities set up two joint stores with the Saint Marc cafe of the coffee shop chain in Kanagawa Prefecture Kamakurashi and Yokohamashi Tsurumiku. The information terminal from which economic news is seen is put on the cafe, and the Pulmonary regurgitation , saying that "The investment advisory is obtained over coffee".

Nikkei Stock Average that applied the post-bubble low (7054 yen) on March 10 is about 2800 yen advance lingua so far. However, individual investor's wide market participation is indispensable for the support of stiff rates. Individual investor's enclosure is an important difficulty for each bond company.

- Store of type of cafe establishing as an annex that The Nomura Securities develops in Kanagawa Prefecture Kamakurashi
http://www.asahi.com/business/update/0608/images/TKY200906080251.jpg

- Track of kabu.com security"Movement sales office"
http://www.asahi.com/business/update/0608/images/TKY200906080250.jpg

- Source
http://www.asahi.com/business/update/0608/TKY200906080247.html

"Hokkaido corporate rehabilitation fund" etc. were managed, and the Hokkaido motherland capital (HMC and Sapporo) that supported the reconstruction of the enterprise in the road decided the policy of freezing the establishment of a new fund by the first. The finance crisis since the last autumn is received, and investment capitals are collected because of difficult, and it will concentrate on support and the debt collection of an existing investment choice in the future.

In HMC, it is a purpose to buy the obligation and the share of the enterprise, and to lead the enterprise in the road to the reconstruction in creditor and shareholder's standpoints.
The main enterprise in the road such as the investment company and Hokkaido Electric Power of The Daiwa Securities-affiliated established capital contribution Shite in 2003. The capital contribution is received from the financial institution in the inside and outside of the road, two funds are established newly in the Hokkaido corporate rehabilitation fund and 07 in the same year, and three funds in total have been managed now.

It is a factor and Iu in the moratorium of the new fund establishment according to this company that the number of refreshable enterprises has decreased due to progression of the disease of the economic environment in addition to difficult securing the equity capital. The number of standing staff is decreased from five people to three people in July because the new proposal is not handled.

This company has invested about 7.1 billion yen in 20 companies in the road like the hotel management, the general contractor, and manufacture, etc. so far, and 2.5 billion yen is invested in Marui Imai (Sapporo). The support of eight companies is finished, and the remaining support of 12 companies is continued.

Three existing funds will come both the end time limit by 13 year-end. The executive of this company is speaking the existence of the company afterwards with "If the economic environment changes, the possibility of newly composing the fund remains, too and it is undecided so far".


http://www.hokkaido-np.co.jp/news/economic/168894.html

Osaka Prefecture Izumisanoshi's where the financial picture worsens falling to "Group of the early stage of making to health" assumed immediately before the government finance failure by the healthy making the municipality government finance law by the readjustment of infrastructure business of an implementation excessive lingua according to the Kansai airport opening a port of 94 years has understood the fourth.

To become 25% or more in the settlement of accounts in fiscal year 2008 the consolidation real deficit ratio ..becoming.. ..the expectation.., and to exceed basis (17・44%) of the early stage of making to health drastic. The city is obligated to be going to settle on the healthy making government finance plan by the end of fiscal year 2009, and to report on the implementation situation of the plan to the citizens and Osaka Prefecture by September 30,'10.

The city borrows about 70 billion yen from 86 to 02 years by the municipal bond issue etc. according to the same city expecting the tax revenue related to the Kansai airport. The early investment lingua of about 142 billion yen in total such as roads and the drainage maintenance businesses.

However, an enough tax revenue is not obtained because invitation of enterprise doesn't advance by the bubble burst, and the population was unable to move upward, too and government finance is progression of the disease. It did not arrive at the amelioration though the government finance emergency was declared in 04, and the staff reduction and the water bill price hike, etc. had been done.

The source
http://www.47news.jp/CN/200906/CN2009060401000794.html

"Subordinated debenture" that major banks issue collects individual investor's popularity.
The subordinated debenture was a kind of the debenture, and bottom line issued it for the individual investor due to the finance crisis so that progression of the disease lingua major bank might harden net worth.
When the height of the investment return receives in the ultra low money rate, and the investor of the purchase request is successive, it is Iu.

Mitsubishi UFJ Trust Bank started the offering of a personal subordinated debenture of the aggregate amount 100 billion yen on the fifth.
The investment return is 2.52% a year in the thing for eight years. The purchase reservation poured in to the securities firm that sold it from the first day by "Demand is vigorous" (accompaniment) though two million yen an item.

Mitsubishi Tokyo UFJ silver, Mitsui Smitomogin, and the Mizuho corporate silver issued the subordinated debenture one after another in March.
By increasing all issuance volumes to 450 billion yen from 200 billion yen of the first schedule because of popular high, and there were a lot of inquiries of a prior client in Mitsubishi Tokyo UFJ silver and correspondence.
Central Mitsui Trust and Banking Co., Ltd. also plans to recruit 50 billion yen by the end of this month, and the issue aggregate amount of the major bank of this year (The schedule is included) passes 850 billion yen.

Institutional investors' such as insurance companies that were undertaking of the subordinated debenture powerful up to now ahead investment reserve force might not recovered to the backdrop of the personal subordinated debenture issue yet.
"The individual investor who sustained a serious wound due to the finance crisis was also careful in the stock investment" (major bank) and Mite and the major bank paid attention to a personal subordinated debenture.

The purchase unit of the each line is made a small sum from 1 million-2.5 million yen and about 100 million yen for institutional investors drastic.
Investment returns are also about 2-3% more advantageous than the government bond and time savings in the thing for eight years.

It is likely to become the burden of management for the bank to the extent that the investment return is high.
Still, the strengthening of net worth is a priority issue for the major bank that falls into a drastic deficit by the accounts for the year ending March for 09 years.
It thinks the analyst of Hironari Nozaki of the Nikko Citigroup bond to be "The issue of a personal subordinated debenture seems to increase in the future".

- Personal subordinated debenture issue situation
Smitomo Mitsubishi Tokyo UFJ 450,000,000,000 Enzo Mizuho corporate 130 billion yen 123 billion Enzabhishi UFJ trust The Mitsui Trust & Banking Co., Ltd. Fushito 100 billion Marunaka 50 billion yen

http://mainichi.jp/select/today/news/20090607k0000e020002000c.html

After the war, the trust license was announced that purchase lingua Japan digital contents trust (JDC) executed the capital increase through third-party allocation of about 700 million yen on the tenth for the first time excluding the bank. The payment date is the 26th. This company aims at 100 million yen whose equity of the single base of Setokiten is a condition of 47 million yen and the trust license in March, and it interrupts, and it aims at rebuilding the financial affairs by the capital increase.

- Http://www.jdc.jp ..../Japan digital contents trust code/4815

- Source
http://www.jiji.co.jp/jc/c?g=ind_30&k=2009061001097

Five companies (The Nomura Securities, The Daiwa Securities SMBC, the Nikko Citigroup bond, Mitsubishi UFJ bond, and the Mizuho bond) introduce themselves to a specified advisor of marketplace "TOKYO AIM (Tokyo Aim)" for emerging corporations intended for the professional investor whom Tokyo Stock Exchange established this month and the calositas has been understood. Five companies are shortly approved.

After the listing, a specified advisor monitors the situation of the observance of the prescript of the enterprise etc. besides the listing examination is borne. It was judged that TOKYO AIM was able to bear the consequence of the review, five companies, and affairs.
The outlook where listing (i) appears in around the autumn of this year.

- Mechanism of TSE new market(From the friction mark in the past. )
http://www.jiji.co.jp/news/kiji_photos/20090531ax01g.gif

- TOKYO AIM
http://www.tokyo-aim.com/

- Source
http://www.nikkei.co.jp/news/keizai/20090609AT2C0801408062009.html

90 percent or more caused and 75 promisors of "Green owner" system of the Forestry Agency to which the principal cracked caused the first class action to request the compensation for damages of about 380 million yen in total such as damages from the country as "Suffered from an illegal solicitation without the clarification of the risk" in the Osaka district court on the fifth.

The principal crack come one after another, and was made a social issue though invested in the promotion of the national forest such as Taxodium japonicum and Thuja obtusa, and was recruited a green owner who received the distribution of the wood sales revenue until 1984-98 years. Right or wrong of the system will be fought over by the litigation in the future.

The plaintiff is 20 capital prefecture and 75 of the foreign countries. "The forest is defended while forming the property" and "Investment a step forward. ", etc. and the plaintiff is solicited and is agreements according to the petition the pamphlet for 500,000 yen an item (Part is 250,000 yen). However, the clarification of the risk of the principal crack was not described in the pamphlet and the contract document until 93 years.

The average a plaintiff contract amount is about 1.7 million yen, and having received it : too much for 100,000 yen on the average.
There is a person who can recover it only for 30.75 million yen and about 1.4 million yen in capital contribution Shite, too.

The plaintiff side｢There was not a verbal explanation about the risk at the agreement either. The illegal solicitation advertised like having surely driven it while knowing the downfall of the price of wood. ｣It insists.  

According to the Forestry Agency, a green owner : only by 35 places on the maturity more than the principal of sold about 760 places in 99 - fiscal year 2008. The damage is not compensated though the average an item acceptance forehead is about 320,000 yen.

Attorney plaintiff attorneys Tetsuaki of Fukuhara｢In an extremely careless system, illegal is strong. The aggrieved party is discussing the multitude descending and the 2 secondary bringing a case in the whole country. ｣It spoke.  (Kyodo News Service)

- Forestry Agency "Consequence bring Tori together by the green owner problem discussion team. "  Http://www.rinya.maff.go.jp/j/press/kokukan/071026.html.

- Source
http://www.kyoto-np.co.jp/article.php?mid=P2009060500131&genre=D1&area=O10

The difficulty of the informational communication field and the trend of the technology were done and searching "World ICT (information and communication technology) summit 2009. " and (Nihon Keizai Shimbun Inc. and Ministry of Public Management, Home Affairs, Posts and Telecommunications sponsoring) ..entering.. did the lecture and the panel discussion with "Future of the information consuming society" as the theme on the second day on the ninth. The plan of the next generation speed telecommunication network to which Takashi Yamada Mo president of NTT DoCoMo scheduled the introduction in the latter half of ten years with "300 billion-400 billion yen is invested in 5 years" was clarified in the lecture.

It was assumed, "It aimed at 20,000 bureaus in the base station in 14 and aimed at 50% at the population cover rate" in next generation communication network "LTE" that was able to be the highspeed network connection at the optic fiber communication circuit level.

The correspondence terminal was described, "Data communications job-oriented terminal was first turned on in ten, and the audio terminal of third generation (3G) present method and using combinedly was put on the market in 11".

- NTT DoCoMo..code.

- Source
http://www.nikkei.co.jp/news/sangyo/20090609AT1D0900809062009.html

The profit of 2.2 billion yen for ten minutes was raised when the Mizuho bond mis-orders a large amount of Jeicom shares, and that "Jeicom a man" (real name non-dissemination and 31) buys a large amount of shares of Orix in December, 2005.
It has been understood to have sprung up to the big share holder in 9th place with Setokiten in March by the fifth. The real name was described in the general meetings of stockholders call that this company had dispatched to the main all strains.

Mr. B・N・F has 1.07 million Orix share shares opened to the public according to the notice. The market capitalization is 3rd place succeeded to Mizuho Bank and Nippon Life Insurance Co. when it reaches six billion yen (closing price on the fourth), and the trust bank and the foreign affiliate investment bank are excluded.
For the individual stockholder, 1/3 of the this company shares that about 30,000 people have is occupied alone.
It bought it from there was no name in the securities report until the first half of the year of last year in March this year last October. Whether it has it now is unclear.

It leaves famous Watashidai before graduation, and Mr. B・N・F is Jeicom share and a killing lingua in 05 neat year.
Total assets exceed 20 billion yen repeating Datorad of hundred million unit with one room of the high-level apartment house garret in Tokyo.
"One house purchase" the commercial building in front of Akihabara Station of Tokyo It became an Shite topic last autumn.

Afterwards, there was not an exposure to media either. The major security analyst : to "Re-appearance" not anticipated. ｢Orix puts Daikyo of the apartment house lotting out major in the subsidiary in 05, and is making the investment and loan for the real estate big. Mr. B・N・F who advances to the property investment : to the big share holder in taking part in management with the bird clapper, and aiming at know-how and the data gathering. ｣It guesses.  

There is Tomiru bond man who put it on "Aguru", too. ｢Japanese postal administration is reported that the batch clearance is done to Orix, and : 'Hotel of' in having bought it at the end of last year. Orix share a large amount of adding to holdings of the bank was reported in February this year. ｣｡

Overseas investment person's sell order pours in to this share since last autumn's Remanshocc. It was promoted the sales up to 1707 yen in February this year. A simple investment, and it is assumed that it gleaned it at this time and the embedded profit is indeed three billion yen at present.
The scale passes and the difference passes with the individual investor.

The answer is none by all means to the coverage request though I want to hit the person in question directly. President Orix room also assumes, "A story is never told for individual shareholder externals", and the truth is in Yab.

The source
Http://www.zakzak.co.jp/top/200906/t2009060503_all.html Orix
Http://www.orix.co.jp/company information and stock price http://company.nikkei.co.jp/index.cfm?nik_code=0001637

The big trader is concentrating on the insurance business. In Mitsubishi Corp., the entry into the insurance fund business is decided, and Marubeni is a full-scale entry lingua in the Lloyd's insurance market in Britain. The investor is intending the financial instrument investments other than the share and the bond since it is financial critical of the last autumn. The insurance related product is paid to attention the management ahead, and it seems to become new business opportunities of trading companies.

The title of the insurance fund that Mitsubishi Corp. handles : "Eoria diamond. " and (Private offering form and 13.2 billion yen dimension). It invests in the insurance and the fixed income debt that relates to the natural hazard such as earthquakes and typhoons, and the management profit is distributed to the investor. It is the first time and Iu that Japanese businesses enters the insurance fund business.

Because the insurance related product that is the investment outlet of this fund is chiefly presence of the weather and the disaster, it is different from the price action of the financial instrument like the share and the exchange, etc.Therefore, needs from the investor who wants to attempt the risk sharing can be high, and the profit be expected.

On the other hand, Marubeni is a purchase lingua as for the license of insurance broker (insurance contract broker) in the British Lloyd's insurance market. Lloyd's is a insurance market in the eminent world. For instance, merchandise in the young country special as the insurance to political risk and the business order risk of this ground is treated in the plant construction is treated.

Marubeni also has the aim to attempt the expansion of the customer service by having the strong point in the electricity utility etc. , and combining the profession with the insurance. This company｢The upgrade and complication will be expected as for needs for the inside and the insurance from which all businesses are developed in all parts of the world in the future. The prospect is high. ｣It makes it.  

- Mitsubishi Corp...code.

- Marubeni..code.

- Source
http://www.tokyo-np.co.jp/article/economics/news/CK2009061102000075.html

The opinion of the cross-shareholdings of the bank and the customer enterprise that it was necessary to do the ban and the possession restriction immediately come one after another between commissioners in the working party of Financial System Council (Prime Minister's advisory council) on the tenth.
It is assumed that adverse effects to the real economy grow as lending to the enterprise is narrowed when the possession stock price falls at the recession, and financial conditions of the bank worsen. The possibility that Financial Services Agency enters the full consideration is growing, and it seems to become a focus of attention to come.

The report that brought governance (rule) innovation of the listed enterprise together was acknowledged in the working party on the same day.
Concretely, when the enterprise does the capital increase through third-party allocation, prior information disclosure is expanded. It puts on the rule and the surcharge is put on the breach lingua enterprise as penal provision. The contents to obligate the information disclosure of executive salaries.

The opinion come one after another from the commissioner to the objection for these over one sentence "The system that disclosed the possession each other situation in the future is discussed" included in the hemihedry and the report that had not come out.

- Financial System Council/Financial Services Agency http://www.fsa.go.jp/singi/singi_kinyu/base.html

- Source
http://www.nikkei.co.jp/news/keizai/20090610AT2C1001C10062009.html

The fuel is filling gradually *.

A Japanese share rose in the acute angle, and showed movement to look for 9000 yen level at a dash at middle of March. Why such pitch did the requake happen?First of all, I want to start this text from the analysis.

I think that the tough going might continue still about the entity economic environment. The impression that the current state exceeded the fundus of gallbladder.
At least, atmosphere Hanai who comes out new "Big negative surprise". However, it is not too easy to bury the gap between supply and demand of a production facility and human equipment, etc.It might unexpectedly take time to eliminating of the gap between supply and demand of all parts of the world the thing of the problem across not only the United States but also the world.

However, a large-scale government finance mobilization is done centering on developed countries to defend such the situation under and the financial institution, etc.In the financial summit done in April, the United States advocates the increasing public spending of 2% in the GDP, and Japan is this tune lingua.
The government fil the supplementary budget bill and the related method idea, aims at early approval on the basis of it now, and the deliberation continues.

However, government finance is a par to pulling out and the transfusion of the action with my blood in the future in a word because of the tax.
It is necessary to return all the bloods later though it becomes energetic once. Even if it is based that tax liability increases, you may still think time-consuming in a real economic recovery.

However, we should firmly understand the meaning of being distributed in the enterprise sector on the other hand through both of the public money a private financial institution and the government financial agency.

This is to be being done the relocation of wealth to the stakeholder of the enterprise including the employee by the taxpayer if it sees macroscopic. It is an equity (share) that the leverage is profit Kuno in the stakeholder and.

It is convincing also to the situation of jumping up at once when it is not sold not to react to news that the share is bad now easily, and comes out if it thinks so the Yoi news. Evidence that eye full fuel is filled to the share as for it. A present amount of stocks is a very logical phenomenon in such a meaning. The destination was a share from middle of March though the price of the thing was decided according to where money flowed. Hereafter, this trend might continue.
The reason for the phobia to the low investment choice of the flowability like the real estate etc. is that it is persistent still.

In such a meaning, you may say that the basement will already have escaped. When this period of tens of years is taken, the market capitalization harmony of the listed enterprise is not under 50 percent of the GDP in Japan and the United States either. The stock price always rebounds there when going. It is not mysterious that there are some correlations in the market capitalization of the listed enterprise that is the main engine that gives birth to the GDP and the value added that is the sum total of the value added in a free capital principle economic country.

About 7500 yen falls to the half in the Nikkei average if it sees in the GDP until last year. It might be Iu, and be about 7300-7250 yen at the present level. And, it repulsed it there in great force though the fundus of gallbladder cracked once last October. After this year, it did not rush into 6000 yen level. It is a current state that the fuel was gradually filled while the phenomenon in which rebounding half of the GDP is affirmed many times.

- The initiator that exceeds 10,000 yen is *.

Then, how does the stock price change because of here?The cleavage will not think about 8000 yen easily though the prediction in the future is difficult. In addition, some rationales are enumerated in addition to the reason ahead of fuel being filled to the entire stock market.

First of all, the first is to stabilize about the political situation. The retrusion lingua of the possibility of the change of power with which it is discussed even ahead fairly a little as long as the current state is seen. It was not said that either democratic was Yoi, and the Liberal-Democratic Party made unsteadiness Sao caused by the change of power, and was thwarting the stock market. The share thinks, "Risk", and dislikes one that doesn't understand.

Furthermore, yen advanced up to 1 dollar =87 yen is declining to about 100 yen now for a certain period of time. The strong yen gives the export company adverse effects, and depreciation in yen is and there is a conviction named Yoi in the word association game of a present stock market though whether depreciation in yen is desirable for the Japanese economy is never so that it. It will become the underpinning of the stock price very much.

Furthermore, the final total profit at the period on March, 2009 of the listed enterprise is boosted because of the revision of tax system of which the substance free of tax is the dividend from the foreign subsidiary. This is a strong move, and the forehead and Toyota Motor are 90 billion yen and Iu in 600 billion yen and SONY.
The profit available for dividend of the global business in Japan increases very much by this countermeasure. If the large company doesn't become energetic, the country named Japan doesn't revive still. If the fuel is not sequentially put from the large company, the structure that doesn't turn below though small- and medium-sized enterprises are important.

Additionally, it agrees on the gift tax reduction of taxes from which Mr./Ms. Motoshige Ito of University of Tokyo is advocated in government party Tax system Research Council, and it is deliberated in the Diet.
As for these elements, all pluses will work for the stock market.

How much do concrete targets become?It becomes the prospect as the refund of the half from 7500 yen of the half of last year's GDP, that is, 75% around from 10,500 to 11,250 yen. The current state has seeing where the one that 8000 yen centered obviously goes up to 9000 yen axle though it is not easy to think the Gngn going up in addition because the achievement feeling goes out indeed once if 10,000 yen is exceeded. Isn't it Ikuno advance Shite little by little who might be returned 8000 yen near if it approaches 10,000 yen by the average, goes, and came though Rio is repeated?

It is necessary to affirm not dropping off of an economic bottom for the axle to go up there to 10,000 yen further, and to exceed 10,000 yen by a center value. I wonder whether it is still a political situation that becomes a initiator though concrete time is not understood. It is sure to contribute greatly for the stock price if a new refreshing shape political power can be done.
The timing of the undeletion is * that acts rashly.

I want ..Dow-Jones average in which it has a big influence.. to discuss the undeletion of American economy with the Japanese economy in the end furthermore.
It is still time-consuming in the undeletion of the real economy as the major premise as well as Japan. However, the figure that obviously shows the degree of consumption shows the amelioration. The American cannot endure "Money is not spent" if it says to half the joke.

Furthermore, Obama neatly does what should be done though there are a lot of criticisms. The enterprise redress was done by making a similar tela to RTC (Resolution Trust Corporation) that established it 20 years ago, and using a large amount of public money as well as Japan. Money paid to AIG for instance flows to Goldman Sachs by the average, and the stock price of Goldman Pimpins it.
In a word, the fuel is filled more than Japan as for an American share now.

The United States that saves the reserve for education of the child with the share household operates 401k(defined contribution pension plan) unlike Japan where financial assets of individuals doesn't hurt very much even if the stock price falls, and is influenced directly when the stock price falls. The government tries to be also desperate and to raise the stock price.

Timing to which the world economy revives will become very much. Four another years and we thought even ahead a little.
It is because oneself is thwarted as described either ahead if the Democratic Party political power that is the big government pulls out my blood in the future and the blood transfusion is done. However, when the present United States is seen, alternatively at one term, and might I think Obama to be start of Compromaiz of various policies (compromise) for the election of the reelection if entering the latter half of the 1st term of the political power even if serving at two terms.

They gradually become energetic because one side and there is money of the redress though the large company is bullied now.
Whenever doing so, the revenge will be started. It is Republican Party so to speak power. No do be known of "Big government straight line too" these as many as four years if it thinks so either. One and another a half years will become one prospects because half a year has already passed for two years after a new political power starts if what should be done is done, and it changes to the independence route afterwards.

To begin with, will this crisis be "Condominium once every 100 years" that the green span really described?
Japan is time of Russo-Japanese War 100 years ago. Then, it cannot help calling staying up now compared with the hardship that our ancestor traced a complete, normal course. Something is actually destroyed, and the person also dies in case of the war. However, money increased, the bubble occurred, and it returned to the origin this time. In addition, there are a large-scale government intervention and an international cooperation compared with the great depression before, too, now if it says.

This crisis exists at most only due to the event of "Once ten year" if it says frankly. The failure of the savings & loan association (savings and loan association) happened in the United States in 1988, and the bad-loan problem exploded in Japan the ten years later. This crisis occurred the ten years later.

You bet it is, and there is a point that should make a special mention only to this crisis, too. The speed that the shock extends to the world was too fast because of the progress of globalization. However, "Once every 100 years" might be exaggeration to it. The country somewhere is sure to be danced and to be going to collapse to the bubble again similarly in ten years.

Should not we think it begins to the recovery trend very ..a certain stock price.. ..definition.. from a strategic standpoint by making it at any rate however by all means ..that.. than the excess ..pessimism.. running now?


http://zasshi.news.yahoo.co.jp/article?a=20090511-00000001-voice-pol

Nikkei Stock Average is repulsed in the Tokyo stock market on the tenth. The close is proportion 204 yen and 67 sen (2.09%) 9991.49 yen of amount the day before, high price on this day, and a renewal lingua after an interval of close of the market and two as for a year's new high.
Even the mark of 10,000 yen approaches nine another yen or less, and even the level after an interval of about eight months is a restitution lingua October 7, 2008(10,155 yen) later.
The Asian share quotation's such as Hong Kong having changed steady besides the looking volition in the background of the bottoming-out of the recession expectation was strong became a fair wind.

The trading value of the Tokyo Stock Exchance 1st section is a rough estimate 1,747,400,000,000 yen (preliminary report base).

The source
http://www.nikkei.co.jp/news/main/20090610NT000Y99010062009.html

Fil the legislative bill that about 100 people such as individual stockholders demand the discharge of three directors such as president Masao Yamazaki by the regular general meeting of shareholders of JR Western Japan opened in June has understood the 30th. The bereaved family of the Amagasaki JR derailment is included in the shareholder who proposes it.

The discharge demands are two outside directors from the derailment this time of another and April, 2005.

It is assumed, "President Yamazaki neglected the obligation that secured safety by the derailment etc. , and two outside directors neglected the surveillance obligation of board of directors" by the proposal reason. (cooperation)

- JR Western Japan..code.

- Source
http://news.goo.ne.jp/article/kyodo/nation/CO2009053001000758.html

Chief Cabinet Secretary Takeo Kawamura is a conference on the morning of the 11th, Nikkei Stock Average attaches to the calositas after an interval of about eight months exceeding 10,000 yen a o'clock, and it is in the backdrop becoming visible the effect of the anticyclic measures of the government.
-Knowledge was shown.

Mr. Kawamura : in the interview. ｢The materiality of anticyclic measures is adopted, and Aso Cabinet appeals from the beginning, and has adopted the method in which budgetary process four times up to now, without the example while gaining the public's understanding. There is movement of the front loaded laps of the budget, too and might be expectations to this. ｣It described.  

- Source
http://www.business-i.jp/news/flash-page/news/200906110127a.nwc

< Tsyoshishi Nikko Cordial Securities senior strategist Kawata >
The impression that a current level is near the ceiling when thinking the crop of the trade has not expanded so much is received.
The large stand restitution of 10,000 yen is a mood, and the rationale is not found. However, neither going up nor it falls, and it is expected that it will change for about 10,000 yen in summer because seeming to become a clue on the schedule side in the future is scarce.

The general election will be executed in August (In case of the change of power), and it lower to about 9000 yen. Afterwards, the economic recovery has the possibility of variously recovering to 11,000 yen until year-end. In addition, the new year is expected to be out of breath.

The matter of concern is Yonaga interest rate. It becomes a bad scenario when coming to get out of control exceeding 4%.

IT (industry) had been expected compared with a past financial market ten years ago.
I think that the pollution is near it this time.

The source
http://jp.reuters.com/article/stocksNews/idJPnTK029899020090611

Mr. Yoshishiro of Mizuno of ..Marusan Securities, Ltd... executive director ><
The Nikkei average 10,000 yen restitution might show that it entered the stage of the ideal purchase to it to A word to the wise (is enough) in the backdrop of rise on stock price, there are recovery expectations. It hits the wall of the price earnings ratio if rising here if the forecast of performance results this term is based. However, if the future earnings recover, it seems to be able to do Tomiru of beginning the purchase of the business recovery by the front loaded because a high price earnings ratio can be cleared. The investor sentiment can be paid to attention as having been ruled up to now by a negative mood extends a positive perception including the outlook of corporate results and the upturn lingua point be paid to attention greatly.

Because the overheat feeling is not caused by the dealing of every day though it considerably returned from the bottom level, the advance reserve force might be large. The performance's improving it from the hedge fund to the individual between wide investor layers also supports the amount of stocks. A rising tendency trend will be sustained in the future, and the Nikkei average is expected to be going to become movement to be going to aim at 11,000 yen by year-end.

The source
http://jp.reuters.com/article/stocksNews/idJPnTK029900020090611