Tokyo Market Summary: Nikkei Average rebound, Bank of Japan does not rule out July interest rate hike and goes to inspection with short views or branch manager meetings

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Bank of Japan does not rule out July interest rate hike and goes to inspection with short opinions or branch manager meetings
In the “main opinions” of the June monetary policy meeting announced by the Bank of Japan on the 24th, there was a succession of positive opinions on early additional interest rate increases, depending on the spread of prices and wage increases. In preparation for the next meeting to be held from July 30 to 31, we will carefully assess the degree of improvement in the underlying price outlook due to the depreciation of the yen and changes in corporate pricing behavior.
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The dollar and yen are colluding in the high price range, approaching the 160 yen level at one point
Treasurer Kanda stated in the morning that preparations for exchange intervention are ready 24 hours a day. Also, Finance Minister Suzuki commented that excessive fluctuations in exchange rates are not desirable.
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Financial Services Agency orders business improvement to 3 MUFG companies - sharing customer information without permission
The Financial Services Agency is on the 24th $Mitsubishi UFJ Financial Group (8306.JP)$It was announced that a business improvement order based on the Financial Instruments and Exchange Act was issued to Mitsubishi UFJ Bank and two securities companies under the umbrella of (MUFG), claiming that information on client companies was shared without permission. A report request order requesting reports etc. of the cause was issued to the MUFG based on the Banking Act.

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Eyes gathered on shale rights, Mitsui products were newly acquired in Texas
There is a movement among domestic energy-related companies to focus on overseas shale oil and gas rights. $Mitsui (8031.JP)$On the 24th, it acquired rights and interests in the upstream shale gas business in Texas from an American oil and gas operator through a subsidiary.

One person lost to Panasonic stock, two miscalculations, harsh voices at shareholders' meeting
$Panasonic Holdings (6752.JP)$The 2024 Annual General Meeting of Shareholders was held in Osaka on the 24th. Consolidated net profit for the fiscal year ending 24/3 (international accounting standards) was a record high due to increased profit due to the effects of subsidies under the US Inflation Control Act (IRA), but stock prices fell 22% from 1 year ago. There were harsh voices from shareholders in response to stock prices, where the total market value is sluggish 6th out of the 7 major domestic electronics companies.

NTT DATA enters data center REIT on a scale of 100 billion yen
$NTT Data Group (9613.JP)$will enter the real estate investment trust (REIT) business that invests in data centers. Management will begin with a maximum asset scale of approximately 100 billion yen for the fiscal year ending 2026/3. This is the first domestic company to have a REIT specializing in data centers. It will make it easier to raise funds, and accelerate the construction of data centers where demand grows for generative AI (artificial intelligence), etc.