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Sumitomo Chemical's Medium-Term Management Plan Briefing

Sumitomo Chemical's mid-term management plan briefing. Photo shows Keiichi Iwata, President and Representative Director of Sumitomo Chemical.=March 4,2025,Tokyo

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Sumitomo Chemical's Medium-Term Management Plan Briefing

Sumitomo Chemical's mid-term management plan briefing. Photo shows Keiichi Iwata, President and Representative Director of Sumitomo Chemical.=March 4,2025,Tokyo

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Briefing on Suzuki's new medium-term management plan

Briefing session on Suzuki's new medium-term management plan. Photo shows President Toshihiro Suzuki.=February 20,2025,Tokyo

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Briefing on Suzuki's new medium-term management plan

Presentation of Suzuki's new medium-term management plan. Photo shows the e VITARA, a mass-produced battery electric vehicle (BEV).=February 20,2025,Tokyo

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Briefing on Suzuki's new medium-term management plan

Briefing session on Suzuki's new medium-term management plan. Photo shows President Toshihiro Suzuki.=February 20,2025,Tokyo

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TOSHIBA CORPORATION New Mid-term Business Plan Presentation

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows TOSHIBA’s President Taro Shimada. ＝May 16, 2024, Tokyo, Japan

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TOSHIBA CORPORATION Presentation of the new medium-term management plan

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows, from left, TOSHIBA’s President Taro Shimada and Vice President Koji Iketani. ＝May 16, 2024, in Tokyo, Japan

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TOSHIBA CORPORATION New Mid-term Business Plan Presentation

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows, from left, TOSHIBA’s President Taro Shimada and Vice President Koji Iketani. ＝May 16, 2024, in Tokyo, Japan

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TOSHIBA CORPORATION Announcement of new medium-term management plan

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows TOSHIBA’s President Taro Shimada. ＝May 16, 2024, Tokyo, Japan

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TOSHIBA CORPORATION New Mid-term Business Plan Presentation

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows, from left, TOSHIBA’s President Taro Shimada and Vice President Koji Iketani. ＝May 16, 2024, in Tokyo, Japan

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TOSHIBA CORPORATION Presentation of new medium-term management plan

TOSHIBA CORPORATION Presentation of the new medium-term management plan. Photo shows TOSHIBA’s Vice President Koji Ikeya. ＝May 16, 2024, in Tokyo, Japan

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Kobe Steel, Ltd. new medium-term management plan

Kobe Steel, Ltd. new medium-term management plan. Photo shows Kobe Steel’s President Yoshihiko Katsukawa. ＝May 20, 2024, Japan

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Kobe Steel, Ltd. New Medium-term Management Plan Presentation

Kobe Steel, Ltd. new medium-term management plan. Photo shows Kobe Steel’s President Yoshihiko Katsukawa. ＝May 20, 2024, Japan

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Kobe Steel, Ltd. new medium-term management plan

Kobe Steel, Ltd. new medium-term management plan. Photo shows Kobe Steel’s President Yoshihiko Katsukawa. ＝May 20, 2024, Japan

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Kobe Steel, Ltd. New Medium-Term Management Plan

Kobe Steel, Ltd. new medium-term management plan. Photo shows Kobe Steel’s President Yoshihiko Katsukawa. ＝May 20, 2024, Japan

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Fujitec Financial Results and Medium-Term Management Plan Press Conference

Fujitec's financial results and mid-term management plan press conference. Photo shows Masayoshi Harada, President of Fujitec. ＝May 15, 2024, in Tokyo.

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Fujitec Financial Results and Medium-Term Management Plan Conference

Fujitec's financial results and mid-term management plan meeting. Photo: Masayoshi Harada, President of Fujitec. ＝May 15, 2024, in Tokyo.

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Türkiye raises year-end inflation forecast amid soaring prices

STORY: Türkiye raises year-end inflation forecast amid soaring prices SHOOTING TIME: May 9, 2024 & Earlier footage DATELINE: May 10, 2024 LENGTH: 00:01:19 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (earlier footage) 2. SOUNDBITE 1 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 3. various of Turkish lira (earlier footage) 4. SOUNDBITE 2 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 5. various of Turkish lira (earlier footage) 6. various of Turkish Central Bank (earlier footage) STORYLINE: Türkiye's Central Bank has raised its end-of-year inflation forecast for 2024 to 38 percent, a two-percentage-point increase from previous estimates, as revealed in its latest quarterly report. The bank's outlook for the subsequent years remains unchanged, with inflation expected to decrease to 14 percent in 2025 and 9 percent in 2026, aiming for a medium-term stabilization target of 5 percent. Centr

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FUJIFILM Holdings Corporation New Medium-Term Management Plan Explanatory Meeting

FUJIFILM Holdings Corporation, New Medium-Term Management Plan briefing. Photo: Teiichi Goto, President and CEO of FUJIFILM Holdings Corporation; April 17, 2024, in Tokyo

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FUJIFILM Holdings Corporation New Medium-Term Management Plan Briefing Session

FUJIFILM Holdings Corporation, New Medium-Term Management Plan briefing. Photo shows Teiichi Goto, President and CEO of FUJIFILM Holdings (center). ＝April 17, 2024, in Tokyo

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FUJIFILM Holdings Corporation New Medium-Term Management Plan Explanatory Meeting

FUJIFILM Holdings Corporation, New Medium-Term Management Plan Explanatory Meeting. Photo: Teiichi Goto, President and CEO of FUJIFILM Holdings Corporation; April 17, 2024, in Tokyo

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India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row

STORY: India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row SHOOTING TIME: April 5, 2024 DATELINE: April 6, 2024 LENGTH: 00:01:13 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India Gate 2. various of RBI building 3. various of banks 4. various of market area STORYLINE: India's central banking institution, the Reserve Bank of India (RBI), on Friday announced it has kept the repo rate unchanged at 6.5 percent. The repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the seventh time in a row the six-member Monetary Policy Committee (MPC) has decided to keep the key rates unchanged. According to the RBI, these decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of plus or minus 2 percent, while supporting growth. Meanwhile, the real GDP growth for 2024-25 is projected at 7.0 perce

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China-funded renovation of Mongolian land port completed

STORY: China-funded renovation of Mongolian land port completed SHOOTING TIME: January 2023 /Archive DATELINE: March 25, 2024 LENGTH: 00:01:00 LOCATION: Ulan Bator CATEGORY: ECONOMY SHOTLIST: 1. various of the land port in southeastern Mongolia STORYLINE: An inauguration ceremony was held on Sunday for the China-funded renovation of a land port in southeastern Mongolia. Mongolian Prime Minister Luvsannamsrai Oyun-Erdene and Chinese Ambassador to Mongolia Shen Minjuan attended the ceremony to mark the completion of the land port renovation in Zamiin-Uud, a border soum (administrative subdivision) in the southeastern Mongolian province of Dornogovi. Oyun-Erdene expressed his gratitude to China for overcoming the difficulties of the pandemic, assisting in building port facilities of international standard, increasing the passenger and cargo customs clearance capacity fivefold, and supporting Mongolia's port revival policy. "Port revival is one of the key goals of the government's medium-term devel

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Kenya launches medium-term economic plan

STORY: Kenya launches medium-term economic plan SHOOTING TIME: March 21, 2024 DATELINE: March 23, 2024 LENGTH: 00:01:12 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of launch of medium-term economic plan STORYLINE: Kenyan President William Ruto on Thursday launched a medium-term plan that seeks to accelerate the country's quest to become a middle-income industrialized country. Ruto said Medium-Term Plan IV 2023-2027 focuses on the country's economic growth, especially at the grassroots. "Through this plan, we will spearhead radical economic turnaround, fostering inclusive growth and enhancing the livelihoods and welfare of citizens, particularly those at the bottom of the economic pyramid," Ruto said during the launch in Nairobi, Kenya's capital. Under the program, he said, Kenya would seek to create more than 1.2 million jobs every year for the youth to boost economic growth. In the transport sector, Ruto said, his government would build over 6,000 km of new roads and 277 footbr

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ECB holds rates steady

STORY: ECB holds rates steady SHOOTING TIME: Dec. 14, 2023 DATELINE: Dec. 15, 2023 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of shopping malls in Frankfurt STORYLINE: The European Central Bank (ECB) on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. "The Governing Council is determined to ensure that inflation returns to its 2 percent medium-term target in a timely manner," the bank said in a statement. "Based on its current assessment, the Governing Council considers that the key ECB interest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goal." Compared with their projections made in September, the ECB staff now revised their inflation expectations f

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European Central Bank leaves interest rates unchanged

STORY: European Central Bank leaves interest rates unchanged DATELINE: Oct. 28, 2023 LENGTH: 00:02:30 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of European Central Bank members 2. various of Athens open market 3. SOUNDBITE 1 (English): CHRISTINE LAGARDE, ECB President 4. various of Athens open market 5. SOUNDBITE 2 (English): CHRISTINE LAGARDE, ECB President STORYLINE: The European Central Bank (ECB) Governing Council decided to keep the three key ECB interest rates unchanged after 10 hikes in 15 months, it was announced on Thursday at the end of a two-day meeting on monetary policy in Athens. The interest rate on the main refinancing operations, the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.5 percent, 4.75 percent, and 4 percent respectively, according to an ECB press release. The incoming information has broadly confirmed the previous assessment of the medium-term inflation outlook, it was explained. According to the ECB Governing

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Türkiye revises medium-term inflation, growth forecasts

STORY: Türkiye revises medium-term inflation, growth forecasts DATELINE: Sept. 7, 2023 LENGTH: 0:01:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (courtesy of ihlas news agency) 2. various of the speech of Turkish Vice President Cevdet Yilmaz at the press conference (courtesy of Justice and Development Party) 3. various of the press conference (courtesy of ihlas news agency) 4. SOUNDBITE (Turkish): RECEP TAYYIP ERDOGAN, Turkish President (courtesy of ihlas news agency) STORYLINE: The Turkish government on Wednesday lowered its economic growth forecasts while raising its expected inflation rate for the upcoming three years in its annual Medium-Term Program. The country's economy is projected to grow 4 percent in 2024, 4.5 percent in 2025, and 5 percent in 2026, said Turkish Vice President Cevdet Yilmaz at a press conference during which he unveiled the program. The previous program announced in 2022 had set growth targets of 5 percent in 2023 and 5.5 percent in

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Türkiye targets single digit inflation: vice president

STORY: Türkiye targets single digit inflation: vice president DATELINE: Aug. 12, 2023 LENGTH: 00:01:18 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Vice President Cevdet Yilmaz at the meeting with representatives of the finance sector 2. various of Istanbul, Türkiye 3. various of people shopping in supermarkets in Istanbul 4. various of Turkish Central Bank STORYLINE: Turkish Vice President Cevdet Yilmaz said on Friday the target of the government's medium-term economic program was to bring down the inflation from the current 47.83 percent to the single digits. Yilmaz made the remarks during a meeting with representatives of the finance sector in Türkiye's largest city, Istanbul. According to the Turkish statistics agency, Türkiye's annual inflation rose to 47.83 percent in July from 38.21 percent in June. The government downplayed concerns, describing this increase as a transitional process, adding that with the positive impact of the monetary policy stance, annual infla

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Investing in China is investing in future: CEO of world-leading elevator manufacturer

STORY: Investing in China is investing in future: CEO of world-leading elevator manufacturer DATELINE: May 2, 2023 LENGTH: 00:01:17 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Shanghai 2. various of Judy Marks and her colleagues 3. SOUNDBITE (English): JUDY MARKS, Chair and CEO, Otis Worldwide Corporation STORYLINE: Judy Marks, Chair and CEO of the world-leading elevator manufacturer Otis Worldwide Corporation, says that she appreciates the Chinese market for its approach to innovation and digitalization, and she believes that investing in China is investing in the future. SOUNDBITE (English): JUDY MARKS, Chair and CEO, Otis Worldwide Corporation "It's a very important market for us for a few reasons. One is (it's) the largest elevator, escalator market for new equipment in the world. We've been here since 1984, and the business itself is very important. We've got over 500 engineers, digitally native people creating and driving innovation for us. In the medium term, we continue to

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New Zealand increases official cash rate to 5.25 pct

STORY: New Zealand increases official cash rate to 5.25 pct DATELINE: April 6, 2023 LENGTH: 00:02:10 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of banks and cash machines 2. various of supermarkets 3. various of street view and gas station STORYLINE: The Reserve Bank of New Zealand (RBNZ) on Wednesday increased its Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent, its highest level since late 2008. The central bank's Monetary Policy Committee agreed the OCR needs to increase, as previously indicated, to return inflation to the 1-3 percent target range over the medium term. "Inflation is still too high and persistent, and employment is beyond its maximum sustainable level," said a committee statement. The level of economic activity over the December quarter was lower than anticipated and there are emerging signs of capacity pressures in the economy easing, it said, adding demand continues to significantly outpace the economy's supply capacity, thereby mainta

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Medium-term fiscal plan

TOKYO, Japan - Economic and fiscal policy minister Akira Amari holds a press conference in Tokyo after attending a meeting of the Council on Economic and Fiscal Policy. The government started discussions to map out its medium-term fiscal rehabilitation plan and draft an initial budget for the next fiscal year.

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Medium-term fiscal plan

TOKYO, Japan - A meeting of the Council on Economic and Fiscal Policy is held at the prime minister's office in Tokyo on July 30, 2013. The government started discussions to map out its medium-term fiscal rehabilitation plan and draft an initial budget for the next fiscal year.

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Panasonic on business plan

TOKYO, Japan - Panasonic Corp. President Kazuhiro Tsuga speaks at a press conference in Tokyo on March 28, 2013 about the Japanese electronics manufacturer's medium-term business plan. Tsuga said the company will strive to return all its business units to the black in fiscal 2015.

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Nissan announces new business plan

TOKYO, Japan - Nissan Motor Co. President Carlos Ghosn announces the automaker's medium-term business plan from fiscal 2011 to 2016 dubbed ''Nissan Power 88'' during a news conference at the company's headquarters in Yokohama on June 27, 2011.

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IMF No. 2 seeks Japan's consumption tax hike

TOKYO, Japan - Visiting International Monetary Fund First Deputy Managing Director John Lipsky speaks in an interview with Kyodo News in Tokyo on May 19, 2010. Lipsky expressed Japan's medium-term fiscal policy due out in June would include ''a set of credible measures'' for fiscal hope.

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Kobe Steel eyeing hike in overseas sales ratio to 50%

TOKYO, Japan - Kobe Steel Ltd. President Hiroshi Sato briefs reporters on a medium-term business plan during a news conference in Tokyo on April 14, 2010. Sato said he hopes to boost the company's overall sales in five to 10 years' time to 3 trillion yen, up 40 percent from fiscal 2008, by expanding overseas production.

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NEC to promote Senior Vice President Endo to president

TOKYO, Japan - NEC Corp. Senior Vice President Nobuhiro Endo, who will replace current President Karou Yano, briefs reporters on the company's medium-term business plan during a press conference in Tokyo on Feb. 25, 2010. Endo will become president on April 1 while Yano will become chairman with the right to represent the company.

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Still no clear idea of medium-term fiscal targets: Kan

TOKYO, Japan - Finance Minister Naoto Kan speaks to a group of reporters at the Finance Ministry in Tokyo on Jan. 14, 2010. Kan said he has no clear idea yet on how to set medium-term numerical targets to restore Japan's worsening fiscal health, due to uncertainties in the economic environment in the months ahead.

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Mitarai calls for medium-term plan on consumption tax hike

ROME, Italy - Fujio Mitarai, chairman of the Japan Business Federation, speaks in an interview in Rome with Kyodo News on April 25. He called on the Japanese government to work out a medium-term plan on tax and fiscal reforms including a consumption tax increase as early as in 2011.

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Tax panel urges gov't to clarify timing of sales tax hike

TOKYO, Japan - Yutaka Kosai, head of the Tax Commission, handed a report of recommendations to Prime Minster Taro Aso at the Prime Minster's Office on Nov. 28. The commission, which advises Aso, urged Aso's administration to state the precise timing of a hike in the consumption tax rate from the current 5 percent when it unveils a medium-term fundamental tax reform program by the year-end.

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Kuraray assuming oil price rise to $200 in new business plan

TOKYO, Japan - Fumio Ito, president of Kuraray Co., speaks at an interview with Kyodo News in Tokyo. Ito said the major Japanese chemicals maker will pursue a double-digit sales increase under a new medium-term business plan even if crude oil prices shoot up to $200 per barrel.

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Ban urges Japan to set 'far-reaching' midterm CO2 cut target

KYOTO, Japan - U.N. Secretary General Ban Ki Moon delivers a speech at a town meeting on global warming at Kyoto University in Kyoto on June 29. Ban called on Japan to set a ''far-reaching'' medium-term target for the reduction of greenhouse gas emissions to take a leading role in the international community in the fight against global warming.

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Key emitters aiming for 'difficult' medium-term CO2 cut targets

CHIBA, Japan - Koji Tsuruoka (L), director general for global issues at the Japanese Foreign Ministry, and Daniel Price, assistant to U.S. President George W. Bush for international economic affairs, speak at a press conference in Chiba on March 14. Senior officials involved in a U.S.-led meeting of the world's major greenhouse gas emitters tried to lay the groundwork for setting medium-term greenhouse gas reduction targets in a post-Kyoto Protocol framework, but their positions remained far apart.

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JAL unveils new medium-term business plan

TOKYO, Japan - Haruka Nishimatsu (R), president of Japan Airlines Corp., briefs reporters on the company's new three-year medium-term business plan at a news conference in Tokyo on Feb. 29. The plan features a capital increase of 151.5 billion yen and additional cost-cutting measures.

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U.N. climate rep. hopes for 'ambitious' medium-term targets

TOKYO, Japan - Yvo de Boer, the executive secretary of the U.N. Framework Convention on Climate Change, speaks at a news conference in Tokyo on Feb. 14. De Boer expressed hope that Japan will exercise its leadership as host of the Group of Eight summit in July to set ''ambitious'' medium-term emissions cut targets for the major nations.

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Nissan to launch new diesel engine cars in FY 2010

TOKYO, Japan - Toshiyuki Shiga, co-chairman of Nissan Motor Co., briefs reporters on the Nissan Green Program 2010, a medium-term environmental action plan, at the company's head office in Tokyo on Dec. 11.

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JAL unveils new 5-year business plan

TOKYO, Japan - Haruka Nishimatsu, senior vice president of Japan Airlines Corp., briefs reporters on the company's medium-term business plan in Tokyo on March 2. Nishimatsu will replace Toshiyuki Shinmachi as JAL president in June.

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Mitsunori Torihara to replace Ichino as Tokyo Gas president

TOKYO, Japan - Tokyo Gas Co. said on Feb. 8 that the company's Vice President Mitsunori Torihara (far left) will replace Norio Ichino (2nd from L) as president on April 1, the start of a new medium-term business plan.

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Vodafone vows to improve its struggling business in Japan

TOKYO, Japan - Vodafone K.K. President Bill Morrow speaks at a press conference at a Tokyo hotel on July 12. He said the company seeks to improve its struggling business in Japan by focusing on young people as well as leasing its networks to other companies under a new medium-term strategic plan.

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Misawa Homes to issue 100 bil. yen in shares

TOKYO, Japan - Misawa Homes Holdings Inc. President Chiyoji Misawa speaks at a news conference in Tokyo on Oct. 30. He bared a new medium-term management plan including the sale of 100 billion yen worth of new preferred shares.