Latest news with #NomuraResearchInstitute
Japan Times
2 days ago
- Business
- Japan Times
Real wages in Japan fall 1.8% year on year in April
Real wages in Japan declined for a fourth straight month in April, according to data from the labor ministry released Thursday, as pay increases continued to fall short of price rises. On an inflation-adjusted basis, wages were down 1.8% in April year on year, with the inflation figure used for the calculation that month set at 4.1%. Rising food prices have hit households hard, especially those for rice, which were up 98.4% year on year in April. Economists say that food inflation will likely fall in the coming months, while a strengthening of the yen will bring down import costs, meaning that the inflation part of the equation should start to fall. 'Going forward, wage growth is expected to moderately accelerate, as the wage hike from this year's spring offensive will gradually be reflected,' Takahide Kiuchi, executive economist at Nomura Research Institute, wrote in a report on Thursday. 'As a result, the rate of year-on-year decline in real wages is projected to shrink. However, it might not turn positive until closer to the end of this year.' Overall nominal wages, including those for part-timers, rose 2.3% in April to ¥302,453 — the 40th straight increase — while base salaries rose 2.2% to ¥269,325 — the 42nd straight increase. Analysts are paying particular attention to the growth of base salaries, since the pace of the increase fell in February and March. Some economists believe that the slowdown of year-on-year growth in base salaries in February and March had to do with the fact that last year was a leap year, which resulted in additional working hours. Some companies reflect February working hours in March pay, so it affected the March figure too. When looking at data from companies that were also sampled last year, base salary growth seems to have picked up in April, with a year-on-year rate of 2.5%, compared with February's 2% and March's 2.1%. Koichi Fujishiro, an economist at Dai-ichi Life Research Institute, wrote in a report Thursday that the 2.5% growth in April is still unconvincing and does not definitively indicate a strong trend. 'We probably need to keep in mind the suspicion that the underlying wage growth rate may be actually slowing,' he said.
Yahoo
3 days ago
- Business
- Yahoo
Has Microvast (MVST) Outpaced Other Business Services Stocks This Year?
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Microvast Holdings, Inc. (MVST) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Microvast Holdings, Inc. is one of 271 individual stocks in the Business Services sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Microvast Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for MVST's full-year earnings has moved 176% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that MVST has returned about 72.5% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 3.8% on average. As we can see, Microvast Holdings, Inc. is performing better than its sector in the calendar year. One other Business Services stock that has outperformed the sector so far this year is Nomura Research Institute (NRILY). The stock is up 37.2% year-to-date. For Nomura Research Institute, the consensus EPS estimate for the current year has increased 6.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Microvast Holdings, Inc. belongs to the Technology Services industry, a group that includes 130 individual stocks and currently sits at #49 in the Zacks Industry Rank. On average, this group has gained an average of 5.3% so far this year, meaning that MVST is performing better in terms of year-to-date returns. Nomura Research Institute is also part of the same industry. Microvast Holdings, Inc. and Nomura Research Institute could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microvast Holdings, Inc. (MVST) : Free Stock Analysis Report Nomura Research Institute (NRILY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 days ago
- Business
- Yahoo
US Dollar Will Go Lower But Not in Disorderly Fashion, Nomura's Koo Says
Richard Koo, chief economist at Nomura Research Institute, shares his outlook for the US dollar, trade relations and bond yields. He speaks to Bloomberg's Haslinda Amin at the Nomura Investment Forum Asia in Singapore. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Bloomberg
4 days ago
- Business
- Bloomberg
US Dollar Will Go Lower But Not in Disorderly Fashion, Nomura's Koo Says
Richard Koo, chief economist at Nomura Research Institute, shares his outlook for the US dollar, trade relations and bond yields. He speaks to Bloomberg's Haslinda Amin at the Nomura Investment Forum Asia in Singapore. (Source: Bloomberg)
Business Wire
4 days ago
- Business
- Business Wire
NRI Wins "Best Cutting-Edge Solution" at FTF News Technology Innovation Awards 2025
NEW YORK--(BUSINESS WIRE)--Nomura Research Institute, Ltd. (Headquarters: Tokyo, Japan; President & CEO Kaga Yanagisawa, 'NRI') today announced that its I-STAR/GX 1 Swift Business Connect has been named "Best Cutting-Edge Solution" at the prestigious FTF News Technology Innovation Awards 2025. The award recognizes NRI's groundbreaking achievement as the world's first post-trade system to establish direct connectivity to the Swift network without requiring a pre-existing interface. The Swift Business Connect model implemented via API enables seamless communication of settlement data between financial institutions, reducing operational and infrastructural burdens and allowing institutions to allocate more resources toward business expansion. I-STAR/GX also provides comprehensive support for evolving industry requirements, including: Support for the U.S. T+1 settlement cycle implementation that went into effect in May 2024 Preparation for ISO 20022 migration scheduled for 2025 Readiness for the upcoming T+1 migration discussions for Europe and the UK expected in late 2027 In addition, NRI offers optional services to assist financial institutions in complying with Swift's Customer Security Controls Framework (CSCF) 2, including compliance assessments and gap analyses to identify areas needing improvement. NRI SecureTechnologies, Ltd. 3, a group company of NRI specializing in global cybersecurity services, is a Swift CSP Certified Assessor, providing expert support in evaluating compliance and developing remediation plans and roadmaps for non-compliant areas. Hiroyuki Nakayama, Senior Corporate Managing Director at NRI said: 'This recognition underscores our commitment to delivering forward-thinking solutions that help clients navigate industry-wide transformation with confidence and agility.' The FTF News Technology Innovation Awards, now in their 15th year, recognize the professionals, vendors, service providers, industry bodies and regulators that have demonstrated exceptional innovation in financial technology during the past year. For more information about NRI's award-winning I-STAR/GX Swift Business Connect, please visit
