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Participants observe social distancing measures as they look at a screen displaying share prices during a ceremony marking the first trading day of the year on the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Monday, April 4. January 2021. suffering after a report Prime Minister Suga may declare a state of emergency for Tokyo.
Photographer: Miho Takahashi / The Yomiuri Shimbun
Photographer: Miho Takahashi / The Yomiuri Shimbun
Tokyo stock market on day 4 of the big event stalled, government announces emergency declaration in Tokyo, etc.The stock index, which began to move above late last year, fell. Sales expanded mainly to brands related to leisure and gastronomy.
At a press conference on the 4th, Prime Minister Yoshii Suga announced that he would consider issuing an emergency declaration based on the New Corona Virus Special Measures Law for 1 metropolitan area and 3 prefectures. He stressed the importance of reducing the risk of infection from food and drink. At the beginning of the new year, when the number of banquets increases, the second statement is expected to be issued mainly in Tokyo on the weekend.
On the stock market, from family restaurantsSkyraku Holdings, a chain of tavernsBird aristocratsKushikatsu Tanaka Holdings’ share price fell more than 5% at one point. The Tokyo Metropolitan Government and others are also reportedly making adjustments to shorten the business hours requested by restaurants serving alcoholic beverages from 10 pm to 8 pm.
Prime Minister Kan also said it would be difficult to restart the “GoTo Travel” tourism support measure by issuing an emergency declaration. Operate a theme parkOriental Land’s share price decline rate temporarily exceeded 4% .Operating an amusement centerRound One fell almost 7% at one point.
Travel agencyHIS is temporarily down 6.3% .Operate the ShinkansenJR TokaiyaJR East also suffered a heavy fall. Mr. Tadashi Arisawa, General Manager of Iwai Cosmo Securities Investment Research Department, said: “Although the emergency declaration is in Tokyo and the three prefectures, it is a bit surprising and it will affect the restaurant and tourism industries.” The travel-related actions have not taken into account an extension of the suspension of the GoTo measures, so the impact was expected to be more prolonged than in the restaurant industry.
