AGP Executive Report
Last update: 7 hours agoFood Delivery: Skylark plans its first central Tokyo ghost kitchen, betting that high-rise residents and a planned cut in the food consumption tax will boost delivery demand. Monetary Policy: The Bank of Japan held its benchmark rate at 1.25% but said underlying inflation is broadly in line with its 2% goal, signaling further rate hikes may follow. Markets: Tokyo shares slid as much as 3% amid worries that heavy AI spending may not pay off, weighing on chip stocks. Mobility: Toyota and Waymo plan to test driverless bZ4X robotaxis in Japan in 2027, with Toyota set to build vehicles at its Takaoka plant. AI Infrastructure: Fujifilm will invest ¥10 billion to expand its Odawara plant and raise magnetic-tape capacity fivefold by fiscal 2028, as demand for data storage grows. Prices and Output: Japan’s industrial production rose 2.2% in September as auto output rebounded, while the government plans to begin scaling back gasoline subsidies in December, adding pressure on households already facing higher costs.
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