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Highlights of Japan-related events for May 11-17

  • May 10, 2020
  • , Kyodo News , 12:09 p.m.
  • English Press

TOKYO – Highlights of Japan-related events for May 11-17:

 

May 11 (Mon)

— Major Japanese carriers to start selling iPhone SE, the latest model of Apple Inc.’s popular smartphone series.

The sale by NTT Docomo Inc., KDDI Corp. and Softbank Corp. was delayed from April 27 to prevent the new coronavirus from spreading among customers who would have waited in long lines during the Golden Week holidays.

— The budget committees of House of Representatives and House of Councillors to hold deliberations on extension of the state of emergency over the novel coronavirus pandemic through May 31.

— Bank of Japan to release summary of opinions of April 27 Policy Board meeting.

 

May 12 (Tues)

— Toyota Motor Corp. and Honda Motor Co. to release FY 2019 earnings results through March 31.

The fallout from the coronavirus pandemic has slammed demand for new vehicles. The focus will be on the automakers’ earnings projection for the current business year through March 2021 but they may not disclose the outlook amid uncertainty in business conditions.

— Cabinet Office to release preliminary composite indexes of economic indicators for March.

 

May 13 (Wed)

— Finance Ministry to release preliminary balance of payments statistics for March.

March data will be released as economic activities remain disrupted by the coronavirus spread. In February, Japan saw its biggest current account surplus in nearly two years as imports dropped sharply due to coronavirus-related factory closures in China.

— Cabinet Office to release “economy watchers” survey for April.

— Sony Corp. and Fujifilm Holdings Corp. to release earnings reports for FY 2019.

 

May 14 (Thurs)

— A government panel of medical experts will make a fresh assessment on the virus infection situation in each area and discuss whether to lift the state of emergency before the end of the month.

— Kajima Corp. to release earnings report for FY 2019.

 

May 15 (Fri)

— Peak day for corporate earnings announcements for FY 2019, with Tokyo Electric Power Company Holdings Inc., Japan Post Holdings Co., Japan Post Insurance Co., Japan Post Bank Co. and Nippon Telegraph and Telephone Corp. among over 400 companies to release full-year results.

The viral outbreak has fueled concerns about a global economic slowdown and many companies have so far decided to forgo release of their earnings outlooks amid uncertainty.

— 48th anniversary of Okinawa’s reversion to Japanese sovereignty from U.S. occupation.

— Osaka Prefecture to decide whether to withdraw its requests for business closures and nonessential outings over the virus outbreak based on its own criteria.

 

May 16 (Sat)

— No major events.

 

May 17 (Sun)

— No major events.

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