Prime Minister Kishida Reaffirms Commitment to a 'World Without Nuclear Weapons'๐ช๐ช
On the 6th, marking 79 years since the atomic bombing of Hiroshima, Prime Minister Kishida, in his address at the ceremony, stated, "The precious lives of what is said to be over 100,000 were lost. The city was reduced to ashes, and people's dreams and bright futures were ruthlessly taken away. Even those who survived were subjected to indescribable hardships." He then offered his "deepest condolences to the souls of those who fell victim to the atomic bomb."๐๐๐๐
He emphasized that "the suffering caused by the devastation brought to Hiroshima and Nagasaki 79 years ago must never be repeated," and stressed that "passing on the reality of the atomic bombing to future generations, while upholding the Three Non-Nuclear Principles, and steadily working towards the realization of a 'world without nuclear weapons' is the mission of our country, the only nation to have suffered from atomic bombings."๐ช๐ช๐ช๐ช
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Former musical actor arrested on suspicion of trespassing and smelling underwear.๐ฎ๐ฎ๐ฎ
On the 6th, the Hachioji Police Station of the Tokyo Metropolitan Police arrested former musical actor Tsuyoshi Tagoku on the spot for trespassing. Tagoku is accused of breaking into an apartment room of an unfamiliar woman and smelling her underwear. He admitted to the charges, stating that he entered the apartment to satisfy his sexual desires and to experience a strong sense of tension from sneaking into someone else's room.โ๏ธโ๏ธโ๏ธ
Tagoku had previously appeared in the musical "Cats" with the Shiki Theatre Company.๐ฑ๐ฑ๐ฑ๐
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Shohei Ohtani hits a powerful solo home run, his 34th of the season, to the opposite field for the first time in three games.โพ๏ธ
Shohei Ohtani of the Dodgers, batting as the designated hitter and leading off, hit his 34th home run, a solo shot to left-center field, in the eighth inning against the second reliever, Banks. This was his first home run in three games, traveling 117 meters. During his run, he briefly forgot to touch first base and had to return. With a double down the right-field line in the fifth inning, he achieved his 42nd multi-hit game. He increased his lead over Osuna (Braves) in the National League home run race from 1 to 2.๐๐๐
This was Ohtani's first home run against the Phillies in his seven-year MLB career. With this achievement, he now only needs to face the Cardinals to complete his goal of facing all 30 MLB teams.๐๐๐
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Man re-arrested for allegedly secretly filming students with hidden camera in hanger
On the 5th, Hyogo Prefectural Police announced that they had rearrested an unemployed man (37) living in Kobe's Chuo Ward on suspicion of theft and violation of the Child Prostitution and Child Pornography Prohibition Act for secretly filming female students changing in the school's locker room. The man has reportedly admitted to the charges.๐๐๐๐
According to the Special Investigation Unit for Life Safety, the man broke into the school's gymnasium in Nagata Ward, Kobe, in April last year through an open window in the gym preparation room. He is suspected of stealing keys to the locker room and other facilities, and then in June of the same year, using a hanger equipped with a hidden camera to secretly film a naked female student (15) changing in the school's girls' locker room.๐คข๐คข๐คข๐คข
A total of 1,600 video files containing approximately 10 terabytes of video data were seized from his home, and it is said that more than 50 female students from the school were captured on camera.๐๐๐๐
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68-year-old man arrested for sexually assaulting elementary school girl๐๐๐
Takahashi Shingo, an unemployed man, is suspected of taking an elementary school girl he did not know into a garage in Tokyo's Nerima ward and sexually assaulting her on July 23rd. The girl was on her summer vacation and was on her way to an after-school class by bicycle when Takahashi, who was walking by, started a fight, saying, "Ouch! Come over here," and took her to a nearby garage. ๐ฑ๐ฑ๐ฑ
Takahashi has denied the allegations, saying, "I have no idea what he did."๐ฐ๐ฐ๐ฐ๐ฐ
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The Tokyo market opened the week in a state of panic, with trading in stocks and bonds temporarily suspended.๐ฑ๐ฑ๐ฑ
Last weekend's U.S. July employment data fell short of expectations, raising concerns about a worsening U.S. economy (see column "U.S. Economic Slowdown Concerns Amplify Yen Appreciation and Stock Decline: The R-word (Recession) Begins to Be Felt," August 5, 2024). In response, the U.S. financial markets saw a decline in the dollar and an appreciation of the yen, along with a drop in U.S. stocks. This trend has continued into the Tokyo market at the start of the week.๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ
The rapid appreciation of the yen and the decline in stocks are considered to be part of the collapse process of the "yen depreciation and stock appreciation bubble," which was triggered by the Bank of Japan's unprecedented monetary easing despite rising prices.๐ฐ๐ฐ๐ฐ๐ฐ
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The Akita "Kanto Matsuri," a festival praying for an abundant harvest, has opened.๐ฎ
The "Kanto Matsuri," a significant intangible cultural asset of Japan, kicked off in Akita City on the 3rd. Tall bamboo poles adorned with numerous lanterns are raised high during the festival. These poles, also known as "golden rice ears," are used to pray for an abundant harvest and can reach up to 12 meters in height. This year, 263 poles will be raised, lighting up the streets with an orange glow throughout the event, which will continue until the 6th.โจโจโจ
A total of 69 groups, including street organizations and schools, are participating, showcasing their skills in raising the bamboo poles. The poles vary in size, with the 12-meter ones holding 46 lanterns and weighing up to 50 kilograms.๐ช๐ช๐ช
The festival is said to have been held for about 270 years since the Edo period. Last year, approximately 1.1 million people visited the event.๐๐๐
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Japan Wins Silver in Olympic Judo; Women's Foil Team Secures First Medal๐ฅ๐ฅโจโจ
On the 9th day of the Paris Olympics, Japan won silver in the judo mixed team event for the second consecutive time. After this event was introduced as an official competition at the previous Olympics, Japan again lost to France in the final.๐ฅ๐ฅ๐ฅ
In the women's team foil fencing bronze medal match, the Japanese team, consisting of Misaki Emura (25), Risa Takashima (25), Shiho Fukushima (29), and Seri Ozaki (21), secured the bronze medal. This is the first time Japan has stood on the podium in both men's and women's foil fencing events.โ๏ธโ๏ธโ๏ธ
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24-year-old university student arrested for "sniping" passengers with an air gun from his home
Akio Nagashima, a 24-year-old university student, is suspected of shooting an air gun at people waiting on the platform at JR Hirai Station on June 27 and 28. He is alleged to have hit a woman in her 30s four times on the neck and back, and a man in his 60s once in the left shoulder. ๐ซ๐ซ๐ซ
Nagashima reportedly fired from the balcony of his apartment, about 40 meters away from the platform, and station staff collected approximately 80 rounds from the platform over the two days. Nagashima has admitted to the charges, stating, "I wanted to see people's reactions to being shot."๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ
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U.S. military helicopter makes emergency landing in a field in Kanagawa Prefecture.๐
On the morning of the 3rd, around 10:55 a.m., a witness called 110 to report that a helicopter with "NAVY" written on it had landed in a field in Ebina City, Kanagawa Prefecture, Japan. According to the Ebina Police Station, the helicopter, which was a U.S. military aircraft, took off around 12:40 p.m. and arrived at Atsugi Base (Kanagawa Prefecture), about 7 kilometers northeast. No injuries were reported.๐ฑ๐ฑ๐ฑ
The local fire department stated that the helicopter, which had 12 people on board, experienced an engine malfunction while en route from Atsugi Base to Iwakuni Base (Yamaguchi Prefecture). It was reported that no items fell off and there was no fuel leak.๐ซฃ๐ซฃ๐ซฃ
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New Banknotes Listed Online; 10,000 Yen Note Fetches 7 Times Its Value๐๐๐
It has been one month since the issuance of the new banknotes for the first time in 20 years. While opportunities to use them have increased in daily transactions, there has also been a surge in listings on internet auction sites, with some examples of a 10,000 yen note being priced at 70,000 yen. The site operators have indicated that notes lacking collectible value may be subject to removal.๐ง๐ง๐ง
For instance, a 10,000 yen note featuring Eiichi Shibusawa with serial numbers in a repeating pattern was listed at 70,000 yen. While it is unclear whether it was sold, there have also been bids exceeding the face value for 1,000 yen notes featuring Shibasaburo Kitasato. However, notes that do not exhibit collectible characteristics may be listed as prohibited items under the site's guidelines and could be removed.๐
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Truck Driver Dies in Collision; 23-Year-Old Chinese Graduate Student Arrested on Suspicion of Dangerous Driving Resulting in Death๐ฑ๐ฑ
On August 1, in Ebina City, Kanagawa Prefecture, a collision between a truck and a passenger car resulted in the death of the truck driver. The police have arrested a 23-year-old Chinese graduate student, who was driving the passenger car, on suspicion of dangerous driving causing death.๐ฅถ๐ฅถ๐ฅถ
The truck driver, Taichi Kitamura, a 57-year-old company employee from Fujisawa City, was taken to the hospital but later died from severe head and chest injuries.๐ข๐ข๐ข
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The Japanese government's assessment shows that there are 25 active fault lines in the Sea of Japan.๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ
On August 2, the Japanese government's Earthquake Investigation Committee released its first "long-term assessment" of active faults in the Sea of Japan. This assessment covers the area from offshore north of Hyogo Prefecture to offshore near Joetsu in Niigata Prefecture. It identifies 25 active faults longer than 20 kilometers that could trigger earthquakes of magnitude 7 or greater, as well as fault zones composed of multiple active faults. Among these, the "Noto Peninsula North Coast Fault Zone" (approximately 94 kilometers long), which caused the Noto Peninsula earthquake on January 1, is estimated to potentially trigger earthquakes of magnitude 7.8 to 8.1. The "Joetsu Offshore Fault Zone" (approximately 86 kilometers long) could also cause similar magnitude earthquakes.๐จ๐จ๐จ
In light of the recent Noto Peninsula earthquake, the committee released these results early to aid in disaster prevention efforts, even though the probability of earthquakes has not yet been assessed. The committee stated that the probability assessment will be published as soon as the first half of next year.๐ฃ๐ฃ๐ฃ
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Leader of Money Laundering Group Arrested for the Third Time๐ค๐ค๐
Suspected of violating the Organized Crime Punishment Law, Sota Ishikawa (35), the leader of the money laundering group "Ribaton," and his second-in-command, Kosuke Yamada (39), have been re-arrested. The two are suspected of having collected gambling funds from illegal online casino customers into accounts of paper companies from September 2021 to May last year, and then transferring approximately 7.04 million yen to another account.๐ซค๐ซค๐ซค
According to the police, Ribaton had around 500 paper companies under its umbrella and is believed to have unlawfully gathered about 4,000 accounts for money laundering, with at least a total of 60 billion yen deposited into these accounts.๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ
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Kazuki Mizuharaโs Betting Ring Operator Accepts Plea Deal, Admits to Charges of Illegal Gambling๐ฎ๐ฎ
On August 1, the U.S. Department of Justice announced that Matthew Bowyer, a bookmaker in West California, had agreed to a plea deal and admitted to charges related to illegal gambling. Bowyer was the operator of the betting ring involved with Kazuki Mizuhara, a former interpreter charged with bank fraud and other offenses for embezzling a large sum from Shohei Ohtaniโs bank account.๐ค๐ค๐ค
Mizuhara was fired by the Dodgers following the revelation and was indicted in April. The amount Mizuhara stole from Ohtaniโs account, nearly $17 million, was used to repay debts to Bowyer. Mizuhara pleaded guilty to bank fraud and other charges in federal court in June, with sentencing scheduled for October 25.๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ๐ฅ
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Asian stock markets rebound in South Korea and Taiwan, with buying back of semiconductor-related stocks.๐๐๐ผ
On the 6th, Asian stock markets rebounded from the previous day's sharp declines, with gains in South Korea and Taiwan. The Taiwan Weighted Index rose by 3.4%, and the Seoul Composite Index (KOSPI) increased by 3.3%. ๐ผ๐ผ๐ผ
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest semiconductor foundry, which had fallen by 9.8% the day before, rebounded by 8.0%. Samsung Electronics, which had dropped by 10.3%, rose by 1.5%. There was noticeable buying back of semiconductor-related stocks.๐๐๐
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Iran's travel advisory upgraded.โ ๏ธโ ๏ธโ ๏ธ
At a press conference on the 6th, Chief Cabinet Secretary Yoshimasa Hayashi announced that, in response to the worsening Middle East situation following the assassination of Hamas leader Haniyeh in Iran, the travel advisory for all of Iran has been raised to Level 3 (recommendation to avoid travel) or higher.โโโ
Certain areas, such as those near the Pakistan border, will continue to maintain the previous Level 4 (evacuation recommendation).๐ฐ๐ฐ๐ฐ
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Ministry of Finance, Financial Services Agency, and Bank of Japan to hold a tripartite meeting at 3 p.m. to share perspectives on market fluctuations.๐จโ๐ป๐จโ๐ป๐จโ๐ป
The Ministry of Finance, the Financial Services Agency, and the Bank of Japan announced that they will hold a tripartite meeting at 3 p.m. today to exchange information on the international financial capital markets. This will be the first meeting since March 27, when the yen reached its lowest level in 34 years. The purpose of the meeting is to share perspectives on the current situation, characterized by significant stock market fluctuations and instability in the yenโs exchange rate.๐งโ๐๐งโ๐
The meeting will be attended by Jun Mimura, Director-General of the Ministry of Finance, and Mitsuhiro Teraoka, Senior Deputy Director-General. From the Financial Services Agency, Governor Hidetaka Ito and Financial International Deputy Commissioner Hideki Ariizumi will participate. From the Bank of Japan, Director Takashi Kato and Director Seiichi Shimizu will be present.
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My Hero Academia concludes its 10-year run with a grand finale.๐ฅ
Kohei Horikoshi's popular manga My Hero Academia, which has also gained fame as an anime, concluded its run with the final chapter in the serialized magazine released on August 5, bringing an end to its approximately 10-year serialization.๐๐๐๐
The series marked its 10th anniversary this year, and it was also notable in April when its worldwide cumulative circulation surpassed 100 million copies. The final 42nd volume of the manga will be released in December.๐๐๐๐
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Global stock market declines have also led to drops in cryptocurrencies, with Bitcoin falling more than 20% from the previous day at one point.๐ฌ๐ธ๐ธ
Amid a global stock market downturn, marked by a historic crash in the Nikkei Stock Average, cryptocurrencies like Bitcoin have also seen significant declines. On the 5th, Bitcoin fell by more than 20% compared to the previous day, plunging to the $50,000 range, its lowest since February this year. This drop is attributed to global stock market declines driven by concerns over a potential economic recession in the U.S.โฌ๏ธโฌ๏ธโฌ๏ธ
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The yen's appreciation shows no signs of stopping.๐ธ๐ผ๐ผ
On the 5th, the yen continued to strengthen in the foreign exchange market, reaching around 142 yen per dollar. This is the highest level of yen appreciation since early January of this year, about seven months ago.๐๐๐
The increase in yen value follows last weekโs U.S. employment data, which revealed a higher-than-expected unemployment rate. This has led to a growing belief that the U.S. economy is slowing down. There is also speculation that the Federal Reserve may accelerate its pace of interest rate cuts, which is driving continued yen buying and dollar selling based on expectations of a narrowing interest rate differential between the U.S. and Japan.๐ต๐ธ
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73-year-old coach arrested for allegedly molesting female junior high school student while alone๐๐๐
On the 3rd, Kasuya Police Station of Fukuoka Prefectural Police announced the arrest of a male coach (73) on suspicion of non-consensual sexual intercourse for allegedly performing indecent acts on a student at a sports club. He has reportedly admitted to most of the charges.๐ฐ๐ฐ๐ฐ
According to the police station, the suspect was accused of performing indecent acts on a female junior high school student at around 8:30 am on July 29th at a sports facility in the prefecture. There was a club event that day, and the crime was committed when the man was alone with the female student, who had arrived early. Police are currently investigating whether there have been any other victims.๐ฅต๐ฅต๐ฅต
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"Japan to Host Again," says IOC Olympic Games Executive Director๐พ
Christophe Dubi, the IOC's Olympic Games Executive Director, spoke to Japanese media in Paris on the 3rd. He mentioned that the legacy of the Tokyo 2021 Olympics is being utilized in the ongoing Paris Games and praised Japan's capability to host international events. He stated, "While it's unclear if Japan will consider hosting, it is likely that it will become a host city for future events, such as a Winter Games, in the near future."๐ฅ๐ฅ๐ฅ
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The Aomori Nebuta Festival, a summer celebration in northern Japan, has begun.๐ฎ
The Aomori Nebuta Matsuri, a summer festival in northern Japan, opened in Aomori City on the 2nd with its spectacular samurai lantern floats parading through the streets. The sounds of flutes and drums, along with the cheers of the crowd, infused the summer festival with vibrancy. The event will run until the 7th.๐๐๐
At 7 p.m., under the gaze of many spectators, the floats slowly moved through the city center. This year, there are 22 large floats. As participants energetically pulled and spun the floats close to the audience, it sparked enthusiastic applause and cheers. Dancers in traditional costumes performed lively dances, creating a festive atmosphere.๐ฅณ๐ฅณ๐ฅณ๐ฅณ
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Hinata Hayata Wins Bronze Medal in Women's Singles Table Tennis at the Paris Olympics๐ฅ๐ฅ๐ฅ
On the 9th day of the Paris Olympics, August 3, the women's singles table tennis bronze medal match took place. Hinata Hayata (24), making her debut at the Olympics, won against Korea's Shin Yubin and secured the bronze medal. ๐๐๐
She is the second player to win a medal in women's singles since Mima Ito, who won bronze at the Tokyo 2021 Olympics.๐๐๐
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The global Windows outage has caused major disruptions in cashless societies.๐๐
The global Windows system outage has caused significant disruptions in cashless societies. Some stores worldwide have been forced to either restrict payments to cash only or close until the system is restored.๐ซค๐ซค๐ซค
In Australia, where the government strongly promotes cashless transactions, the outage quickly led to confusion. Social media posts showed self-checkout machines at the supermarket chain Coles displaying the Blue Screen of Death (BSoD). Local media reported that lines at staffed checkout counters in Australian grocery stores extended deep into the stores, and some shops had to close.๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ๐ตโ๐ซ
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LDP Secretary-General Confirms Strengthening Cooperation with Thai Deputy Prime Minister๐ค๐ค
On August 1, Toshimitsu Motegi, Secretary-General of Japan's Liberal Democratic Party, held talks with Thai Deputy Prime Minister and Finance Minister Pridiyathorn Devakula at the Prime Minister's Office in Bangkok. They confirmed plans to enhance bilateral cooperation between Japan and Thailand, focusing on the next-generation automotive industry and decarbonization.๐๐
Motegi also inspected a railway project funded by Japanese yen loans. He received briefings on the development plans around the railway stations and remarked, "I have witnessed how Japan's support is changing the lives of the Thai people."๐๐
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Yen Strengthens for Third Consecutive Day, Trading in the Low 149 Yen Range Amid Sharp Drop in Japanese Stocks๐ฌ
On August 2, the yen strengthened for the third consecutive day in the Tokyo foreign exchange market. As of 5 p.m., the yen was trading at 149.28 to 149.30 yen per dollar, a 57 sen appreciation from the previous dayโs level. Around 4:10 p.m., the yen had risen to about 148.63 yen per dollar. Concerns over a slowdown in the U.S. economy led to a decline in U.S. long-term interest rates, reducing the interest rate differential between Japan and the U.S., which prompted buying of yen and selling of dollars. Additionally, the Nikkei Stock Averageโs sharp decline on the same day increased demand for the yen as a "low-risk currency."โ ๏ธโ ๏ธโ ๏ธ
The U.S. Institute for Supply Management (ISM) manufacturing index for July, released on August 1, significantly missed market expectations, and the weekly U.S. initial jobless claims data also indicated a slowdown in the labor market. As fears grew over a slowdown in the U.S. economy and employment, U.S. long-term interest rates fell to their lowest level in about six months, leading to increased buying of yen and selling of dollars.๐ผ๐ผ๐๐
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"Many Dissatisfied with Government's Approach to My Number Health Insurance Card"๐ค๐ค
With the transition to the "My Number Health Insurance Card" utilizing the My Number system, the current health insurance cards will be largely abolished in December this year. While the government hopes to enhance convenience as part of its digitalization efforts, there is significant opposition due to concerns about information leakage. Votersโ true feelings seem to be mixed between expectations and anxieties. However, a nationwide survey conducted by the Mainichi Shimbun on July 20-21 revealed that criticism was more focused on the "government's approach" rather than the My Number Health Insurance Card itself.๐๐๐ตโ๐ซ๐ซ
Out of 507 respondents, 401 wrote comments on the abolition of the current health insurance card. The free-form responses showed that more than half expressed opposition or concerns, though there were also a number of supportive opinions, reflecting a mix of opposing and supporting views.๐๐๐
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You will see this type of cute barriers nearby roadworks or constructions area.๐๐ฅฐ
It is believed these novelty traffic cones not only make the roadworks area more fun, especially for the young, it actually helps calm the public in works that are often disruptive and congested. The cute barricades are attributed to lowering the stress level of people inconvenienced and even help reduce road rage incidents.๐ค๐ค
There is also a theory the drivers will concentrate and drive better in the construction areas as they do not want to hit and โhurtโ one of the cute characters.๐๐๐
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