HC Picks 302

March 3, 2021
by Akane Hashimoto

Period : February 21, 2021 – February 23, 2021

Category :[Business] [Policy (BOJ)] [Economy] [Other]

-Policies and business activities related to Japan investment opportunities-


● Mizuho, LINE Increase Investments In Bid To Launch ‘Smartphone Bank’

● Japan PM Suga’s cellphone cut call adds to BOJ’s headaches

 > “Cutting telephone charges may be possible for carriers if they consolidate cell towers and transform to investible infrastructure assets. If retail invests in such assets, market may be activated.”

#Business


● BOJ’s response in focus as Japan’s 10-year JGB yields hit two-year high

 > “BOJ welcomes market correction.”

#Policy (BOJ)


● Japan and US savings surge, with vaccines set to trigger spending

 > “Younger workers’ telecom and IT spending should be surging. Key drivers may be elder retired people who were not able to travel or to meet with grandchildren.”

#Economy


● Hadaka Matsuri: Japan’s famed Naked Festival canceled for all but a select few

 > “This year’s Hadaka Matsuri event, which took place on February 20, was limited to only a select, socially distanced group of 100 or so men who had caught the shingi in past years, and was closed to spectators.”

#Other