Starting with the Nikkei Average depreciation of 190 yen, the Bank of Japan to discuss an upward revision of the FY24 price forecast, due to strong wage increases - stakeholders

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Bank of Japan to discuss upward revisions to FY24 price forecasts due to strong wage increases - stakeholders
At the monetary policy meeting to be held by the Bank of Japan on the 25th and 26th, there is a large possibility that they will discuss an upward revision of the 2024 consumer price (core CPI excluding fresh food) outlook in response to this year's strong wage increases, etc. I found out through interviews with multiple stakeholders who are familiar with the situation.

Corporate prices in fiscal year 23, record high = 2 consecutive years, 2.3% increase - Bank of Japan
The 2023 domestic corporate goods price index (preliminary value, 20-year average = 100) announced by the Bank of Japan on the 10th was 119.9, breaking a record high for 2 consecutive years. Price transfer movements intensified against the backdrop of soaring energy and raw material costs, and it surpassed the previous fiscal year for 3 consecutive years, with a 2.3% increase from the previous fiscal year.

Microsoft announces 440 billion yen investment to strengthen AI and cloud in Japan
paddy $Microsoft (MSFT.US)$It was announced on the 9th that it will invest 2.9 billion dollars (about 440 billion yen) over the next 2 years with the aim of strengthening hyperscale cloud computing and artificial intelligence (AI) infrastructure in Japan. This is the largest amount ever invested by the company in Japan.

Prime Minister Kishida calls on US business executives to promote investment in Japan's high-tech sector
Prime Minister Kishida Fumio, who is visiting the US as a state guest, appealed to US company executives on the 9th to promote investment in Japan with major technologies such as semiconductors, artificial intelligence (AI), and quantum computing.

Dai-ichi Life HD, US subsidiary acquires group insurance company - diversifies product structure
$Dai-ichi Life Holdings (8750.JP)$Protective Life, a US subsidiary of, announced on the 9th local time that it will acquire Shelterpoint Group, which conducts group insurance business in the same country.

Seven & I - Utilizing external capital to partially sell Ito-Yokado shares = Nikkei
$Seven & i Holdings (3382.JP)$It's a fight. The morning edition of the Nihon Keizai Shimbun dated 10th reported that the company has begun considering selling some shares in supermarket businesses such as Ito-Yokado, which is a general supermarket (GMS) under its umbrella, after 2026.

JR East - rivalry digital financial service “JRE BANK” to start on 5/9
$East Japan Railway (9020.JP)$It's a fight. The company announced on the 9th that the group brand digital financial service “JRE BANK” will begin on 5/9.