TOKYO – Highlights of Japan-related events for June 8-14:
June 8 (Mon)
— Cabinet Office to release 1st revision of gross domestic product data for January-March.
The preliminary data, released May 17, showed that Japan’s GDP shrank an annualized real 3.4 percent in the first three months of this year, a significant contraction for the second consecutive quarter that pushed the world’s third-largest economy into a technical recession. But many economists have predicted that the headline figure will be revised to a 2.2 percent contraction.
— Finance Ministry to release preliminary balance of payments statistics for April.
— Cabinet Office to release results of monthly “economy watchers” survey for May.
— Government to submit to parliament draft 2nd extra budget for fiscal 2020.
The budget, totaling 31.91 trillion yen ($291 billion), will finance additional measures aimed at cushioning the economic impact of the coronavirus pandemic.
— Universal Studios Japan in Osaka to partially reopen its doors after 3-month shutdown over spread of COVID-19.
June 9 (Tues)
— Lower house budget panel begins 2-day debate on draft 2nd extra budget.
June 10 (Wed)
— Cabinet Office to release machinery orders data for April.
— Tokyo District Court to hand down ruling on Misao Kaminsukasu, facing charges including fraud over bogus land sale in Tokyo targeting home builder.
Prosecutors sought a 14-year prison term for Kaminsukasu, believed to be the mastermind of a land scam group accused of swindling home builder Sekisui House Ltd. out of about 5.5 billion yen in the land sale in 2017.
June 11 (Thurs)
— Finance Ministry to release results of business outlook survey for April-June period.
June 12 (Fri)
— Hiroshima District Court to hold 1st hearing in trial of former secretary of then Justice Minister Katsuyuki Kawai, Shinsuke Takaya, who was indicted in March over unlawful rewards to staffers during upper house election campaign of his wife and lawmaker, Anri, last year.
June 13 (Sat)
— No major events.
June 14 (Sun)
— No major events.
