The Nikkei average started with a depreciation of 155 yen and concerns about the economic outlook due to a sharp rise in US interest rates

Top news
Where prices are 2% and 1.5%, heaven and hell, and zero interest rates hold the fate of households
There is a view that there will be a big difference between heaven and hell for Japanese households depending on whether the inflation rate settles at 2%, which the Bank of Japan is aiming for or stays at around 1.5%.

The yen is in the first half of the 151 yen range against the dollar, and the dollar is rising due to rising US interest rates - the sense of caution about intervention intensifies
On the morning of the 10th, the Tokyo Foreign Exchange rate in yen fluctuated in the first half of the $1 = 151 yen range. Overseas time, US interest rates rose in response to hawkish remarks by US Federal Reserve (FRB) Chairman Powell and weak government bond bids, and dollars were bought.

Bank of Japan Governor Ueda says it is difficult to repair an inflation rate lower than the desired level
Bank of Japan Governor Ueda Kazuo suggested on the 9th that there is no intention of rushing the normalization of monetary policy. Based on the current situation in Japan, he pointed out that an inflation rate lower than the desired level is more difficult to deal with than an overshoot.

SoftBank G - sales signs, final deficit of the first half of the year, 1.408.7 billion yen, holding company investment business deficit echoes
$SoftBank Group (9984.JP)$There is a sign that it will sell. The company announced on the 9th that consolidated net profit and loss (IFRS) for the first half of the 243rd fiscal year (April-9) was in deficit of 1,408.7 billion yen (deficit of 129.1 billion yen in the same period last year).

Olympus — likely selling, full-year operating profit revised downward, down 95% in the first half
$Olympus (7733.JP)$There is a sign that it will sell. The company announced on the 9th that it will lower its consolidated operating income forecast (IFRS) for the full fiscal year 243 to 100 billion yen (down 46.4% from the previous fiscal year) from the previous 163 billion yen.

Mitsubishi Estate - Sales trend, 46% decrease in final profit for the first half, decrease in reaction to major overseas capital gains
$Mitsubishi Estate (8802.JP)$There is a sign that it will sell. The company announced on the 9th that consolidated net profit for the first half of the 243rd fiscal year (April-9) was 41.5 billion yen (down 45.6% from the same period last year).

Nidec, 30 billion yen for Robo speed reducers to 600,000 units per year until '26
$Nidec (6594.JP)$(formerly Nidec) will establish new production lines for industrial robot speed reducers at factories in Japan and the Philippines. Approximately 30 billion yen will be invested to achieve an annual production system of 600,000 units by 2026. What are the speed reducers handled by Nidec on the newly established line $Nabtesco (6268.JP)$holds the majority of the world market share.

ー MooMoo News Evelyn
Distribution source: Nihon Keizai Shimbun, Bloomberg, Traders Web