Please enjoy fresh & hot news from Japan with comments by Europe-Japan Dynamics.
7 Nov. Drone, the aerial hot battle over the God flag by 20 brave men
“The drone God flag contest” was held in Minamisoma-shi, Fukushima prefecture on 6th. The contest is to catch the God flag by drones, modeled after a wild horse chase of Soma, a traditional event of the region in which samurais on galloping horse to compete to catch the God flag.
Comments: It’s an interesting idea to replicate horse racing by drones!
8 Nov. “Fukushima to be a world pioneer of energy revolution”, the 1st World Community Power Conference
The 1st World Community Power Conference (WCPC2016) was held in Fukushima on 3-4 November, aiming at investigation of ways for communities to promote the use of renewable energy, such as distributed power supply. A total of 620 people involved in renewable energy participated in the conference from worldwide. The WCPC 2016 launched a message that Fukushima, a disaster site of unprecedented nuclear plant accident 5 years ago, will entrust the next generation with the society that will not depend on the atomic energy.
Comments: WCPC 2016 is an initiative by local municipalities. It’s unusual for Japan and worth seeing how it will roll out.
9 Nov. “May take some measures if JPY’s value keep rising after the US Presidential election, said Deputy Vice‐Minister of Financial Affairs, Asakawa
Ministry of Finance, Financial Services Agency and the Bank of Japan held an urgent meeting in the afternoon of 9th and discussed possible reactions of Japan to a rising value of Japanese Yen (JPY) and falling price of stocks, in case the Republican candidate Trump may become dominant in the U.S. presidential election. Masashi Asakawa, Deputy Vice‐Minister of Financial Affairs stated to the press, “We will take necessary measures if this moment would continue, after careful observation”. This implies that Japanese Government would not hesitate to intervene in currency markets, should a rapid rise of the value of JPY may not cease.
Comments: We’ll see how market of JPY would react soon.
10 Nov. Smartphones made by “SANYO” to be marketed in India, following a steady sales performance of liquid crystalline TV
It was known that Panasonic is preparing the sale of smartphones in “SANYO” brand in India from next year. The plan is to grow the sale of smartphones in the Indian market where economy is growing, by addressing a market for low-price products available only via an online sale via the Internet.
Comments: Low-cost & high performance smart phones would be a good fit for Asian markets.
11 Nov. Groping for diplomatic strategy with Trump, Japan the first among G7 States to start diplomatic discussion on phone
Prime Minister Shinzo Abe discussed diplomatic issues on phone with Mr. Donald Trump, the next US President, and agreed to meet in New York on 17th Nov. The Prime Minister wishes to reconfirm to firmly maintain the Japan-U.S. alliance, which Mr. Trump insisted to review. Thus the Japanese Government has started “the diplomacy with the Trump Administration” by groping, without having a strong tie with him.
Comments: One can only say, “Wait and see”.
- All the news items are picked up from “Asahi Digital”, and summarized and translated by Europe-Japan Dynamics. The articles are not an official translation by the Asahi Newspaper.