Core Viewpoint - Despite a downturn in the construction industry leading to weakened steel demand, China continues to maintain high production levels and is exporting large quantities to neighboring countries, resulting in increased trade friction surrounding steel products [1][2]. Group 1: Steel Demand and Prices - The circulating price of hot-rolled steel plates in the Tokyo area is approximately 112,500 yen per ton, a decrease of 4% compared to the end of June, marking the lowest level since August 2021 [2]. - Japan's steel demand is low due to factors such as uncertainty related to U.S. tariff policies, labor shortages, and extreme heat, which hinder construction projects [2]. - In June, China's steel exports reached 9.67 million tons, a year-on-year increase of 10.7%, while total exports from January to June amounted to 58.14 million tons, a historical high for the same period [2]. Group 2: Trade Friction and Anti-Dumping Measures - Japan is initiating an anti-dumping tariff investigation on nickel-based stainless steel cold-rolled sheets and cold-rolled steel plates, targeting products from mainland China and Taiwan [3]. - The global number of anti-dumping investigations related to steel reached a historical high of 41 in 2024, with 30 cases specifically targeting China [3]. - Countries are increasingly seeking to exclude low-priced imported steel, leading to an oversupply of Chinese steel in the market [3].

Core Viewpoint - Mitsubishi Motors is completely withdrawing from automotive-related production in China, ending its engine production and joint venture with local enterprises due to the rise of electric vehicles (EVs) and declining demand for internal combustion engine vehicles [1][2]. Group 1: Mitsubishi's Operations in China - Mitsubishi Motors announced the cessation of engine production in China, dissolving its joint venture established with local companies [1]. - The company had already ceased vehicle production in China in March 2023 and stopped selling new cars, although it continues to provide after-sales service for sold vehicles [2]. Group 2: Market Trends and Challenges - The demand for internal combustion engine vehicles is decreasing in China, while sales of EVs and plug-in hybrid vehicles (PHVs) are on the rise [2]. - According to the International Energy Agency (IEA), the sales of pure electric vehicles in China are expected to increase by 20% in 2024 compared to the previous year, with EVs and PHVs accounting for nearly 50% of new car sales [2]. - Japanese automakers, traditionally strong in the engine vehicle sector, are facing challenges as companies like BYD rise in the EV market [2].

Core Viewpoint - Japan is expanding support for the development of next-generation photovoltaic (PV) cells, particularly focusing on tandem perovskite solar cells, which can enhance efficiency and reduce reliance on imports from China [1][2][3]. Group 1: Government Support and Objectives - The Japanese Ministry of Economy, Trade and Industry (METI) will use the "Green Innovation (GI) Fund" to subsidize the development of decarbonization technologies, including tandem perovskite solar cells [2]. - The support will begin in the fiscal year 2025, with a goal to establish manufacturing and mass production technologies by 2030 [2]. - METI requires supported companies to achieve a power conversion efficiency exceeding 30%, durability equivalent to traditional PV panels (20 years), and reduce residential power generation costs to below 12 yen per kilowatt-hour [2][3]. Group 2: Technological Advantages - Tandem solar cells utilize multiple layers of PV cells to absorb a broader spectrum of sunlight, potentially doubling the conversion efficiency compared to traditional products [3]. - The combination of perovskite cells for visible light absorption and silicon cells for infrared light absorption enhances overall efficiency [2][3]. Group 3: Market Potential and Domestic Supply Chain - The demand for rooftop installations is significant, with METI mandating that factories, shops, and schools set installation targets for rooftop PV panels after 2026 [3]. - Tandem products are suitable for installation in energy-efficient homes and buildings with higher load-bearing capacities [3]. - The raw materials for perovskite solar cells can be sourced domestically in Japan, reducing dependence on foreign imports and allowing for the potential establishment of a local supply chain [3]. Group 4: Future Energy Goals - The Japanese government aims to increase the share of solar energy in the overall power supply from 9.8% in 2023 to between 23% and 29% by 2040 as part of its renewable energy strategy [3].

沙特增产可能会拉低油价（Reuters） 自认为是产油国盟主的沙特本应劝说其他国家遵守规则，但沙特在6月却开始超额生产。强势生产的背 景是中国旺盛的需求。有观点认为中国似乎在为不测之事做准备…… Kpler的高级原油分析师施穆宇指出，中国似乎在为不测之事做准备。他认为，由于无法预测美国政府 的行动，中国政府可能在战略性增加原油储备。 美国总统特朗普7月14日表示，考虑对购买俄罗斯石油和天然气的第三国征收100%关税。虽然有50天的 宽限期，但如果实际实施，购买俄罗斯能源的中国将被迫寻找替代来源。 产油国的盟主沙特阿拉伯开始增产。6月，沙特原油产量大幅超出生产配额，出口量也达到约两年来的 新高。一直主导石油输出国组织（OPEC）成员国产量调整的沙特自行"违反"规则引发震惊。强势生产 的背景是中国旺盛的需求。 以沙特为首的OPEC与俄罗斯等非成员国组成的"OPEC+"的部分国家自愿从4月开始逐步减产，每日产 量缩减220万桶，以增加原油供应。产油国被要求在分配的生产配额范围内增产。 国际能源署（IEA）7月中旬发布的月度报告显示，沙特6月的产量为每天980万桶，环比增加了71万桶 （增幅8%）。超出配额43万桶。 ...

Core Viewpoint - The opening of Okinawa Jurassic Park has been highlighted, with foreign ticket prices being approximately 90 RMB higher than local prices [1] Group 1 - Okinawa Jurassic Park has officially opened, attracting attention from both local and foreign tourists [1] - The ticket pricing strategy shows a significant markup for foreign visitors, indicating a potential revenue strategy targeting international tourists [1] - The park's theme and attractions are expected to enhance tourism in Okinawa, contributing to the local economy [1]

Core Viewpoint - The U.S. is reducing the automobile import tariff on Japan from 27.5% to 15%, which will alleviate the financial burden on Japanese automakers, but the high tariff level is expected to become a new norm, limiting future growth prospects [1][3][7]. Group 1: Tariff Changes and Financial Impact - The estimated reduction in tariff burden for seven major Japanese automakers is approximately 1.6 trillion yen, down from a previous burden of 3.47 trillion yen [3][4]. - The impact on operating profit for these companies is expected to decrease from a 47% drop to a 25% drop for the fiscal year 2024 [3]. - Specific companies like Toyota, Honda, and Nissan will see their tariff impacts reduced significantly, with Toyota's burden decreasing from 1.6 trillion yen to 872 billion yen [3][4]. Group 2: Supply Chain Adjustments - Japanese automakers are restructuring their supply chains to mitigate tariff impacts, with Honda moving production of its Civic hybrid model to the U.S. [4]. - Mitsubishi Motors, lacking a factory in the U.S., will rely on Nissan for OEM production [4]. Group 3: Local Market Reactions - U.S. manufacturers, including General Motors, express dissatisfaction with the tariff reduction, arguing it undermines American industry and labor [6]. - Despite the tariff reduction, Japanese automakers may still face challenges in maintaining competitiveness without price increases, as inflation continues to affect consumer behavior [7]. Group 4: Long-term Outlook - The high tariff rate of 15% is expected to persist, leading to a need for Japanese automakers to enhance local production and operational efficiency [7][8]. - The competitive landscape in the U.S. market is becoming increasingly challenging for Japanese automakers, especially with the rise of domestic manufacturers in China [8].

Core Viewpoint - The article discusses the emergence of "碰杯站," a smart beverage retail brand that aims to capitalize on the rapid growth of the coffee market in China by offering high-quality coffee at a lower price point, utilizing advanced technology and innovative solutions to address common issues in traditional coffee vending machines [5][6]. Company Overview - "碰杯站" is operated by Hangzhou Huading Acoustic Technology Co., Ltd., which focuses on AIOT solutions for unmanned retail and aims to become the leading brand in the smart beverage machine sector [5][6]. - The company recently completed a financing round of 50 million yuan, primarily to accelerate market deployment, channel expansion, and operational optimization [5]. Market Context - The Chinese coffee market has been experiencing rapid growth, with an average annual compound growth rate exceeding 25% in recent years, driven by brands like Luckin Coffee [5]. - In 2024, the per capita annual coffee consumption in China is projected to reach 22.24 cups, significantly lower than Japan and South Korea, which have per capita consumption rates of 281 cups and 353 cups, respectively [5]. Product Innovation - "碰杯站" offers coffee at a price of 9.9 yuan per cup, utilizing a patented nitrogen-deoxygenation technology to preserve the flavor of high-quality Arabica coffee beans for up to 18 months [7][8]. - The machines are designed to address common issues such as moisture and contamination, ensuring food safety and consistent taste [8]. - Each machine can accommodate up to 20 different SKUs, allowing for a diverse range of beverages beyond coffee, including milk tea and juice [8]. Operational Efficiency - The equipment occupies less than one square meter and features real-time data monitoring and remote operation capabilities, making it suitable for high-traffic locations such as airports, train stations, and office buildings [9]. - The company has invested nearly 200 million yuan in equipment development, achieving a low failure rate of 0.1% after extensive market testing and product iterations [9]. Expansion Plans - "碰杯站" is actively pursuing a "thousand cities, ten thousand stores" plan, aiming to deploy over 20,000 machines across approximately 1,000 districts and counties in China [10]. - The partnership with Nantian Information, which has connections to Yunnan Green Food Co., Ltd., a key player in the coffee supply chain, enhances the potential for efficient sourcing of high-quality coffee beans [9][10].

Core Viewpoint - Toyota's strength is attributed to its continuous cost reduction efforts and the collaborative work of thousands of employees in the vicinity of Toyota City, emphasizing the importance of maintaining domestic production of 3 million vehicles in Japan to sustain related employment and the environment [1][4]. Group 1: Economic Impact and Export Dynamics - Toyota's president, Akio Toyoda, highlighted the importance of exports in generating foreign currency to support energy imports, with Japan importing approximately 25 trillion yen in energy annually, while automotive and parts exports amount to about 20 trillion yen [2]. - In the fiscal year ending March 2025, Toyota produced 3.23 million vehicles domestically, with nearly two-thirds exported to overseas markets, particularly the U.S. [2]. - Japan's market accounts for 66% of Toyota's operating profit, surpassing the North American market despite lower sales volume [2]. Group 2: Taxation and Employment Considerations - Export companies like Toyota benefit from a significant "consumption tax refund," estimated at around 700 billion yen annually, which constitutes about 15% of Toyota's operating profit for the fiscal year 2024 [3]. - The U.S. tariff policies pose a challenge to Toyota's traditional principles, as a reduction in exports could disrupt Japan's domestic ecosystem, with the automotive industry's production inducement effect being as high as 2.74 [3]. Group 3: Regional Relationships and Production Strategy - Toyota's commitment to maintaining domestic production of 3 million vehicles is rooted in its long-standing relationships with local communities and the collaborative efforts of nearby workers [4]. - The population of Toyota City has tripled since the establishment of the first "Crown" model in 1959, contrasting with the decline of Detroit, which faced economic challenges due to a lack of export focus [5]. Group 4: Future Challenges and Brand Value - Future challenges for Toyota include potential obstacles to its 3 million vehicle target, such as Japan's declining population and the shift towards local production and consumption in various countries [6]. - Despite these challenges, Japanese cars maintain high brand value, with Toyota's average new car price in the U.S. estimated at around $40,000, indicating strong market positioning [6].

Core Viewpoint - Japan's Cabinet Office has reached a consensus to allow the use of human iPS cells to create fertilized eggs for non-reproductive, scientifically valid research purposes, with a cultivation period limited to 14 days and a prohibition on implanting fertilized eggs into human or animal uteri [1][2][4]. Group 1: Research Guidelines - The new guidelines permit the creation and handling of fertilized eggs only for non-reproductive and scientifically reasonable research purposes, with a maximum cultivation period of 14 days [2][4]. - The aim of allowing research on fertilized eggs is to gain insights into the mechanisms of early reproduction, which could help identify causes of infertility and genetic diseases [2][3]. Group 2: Historical Context and Developments - Previously, research using iPS cells was limited to creating sperm and eggs, but the new guidelines expand this to include fertilized eggs, provided existing rules for fertilized egg research are followed [2][3]. - Japan has been at the forefront of research in using iPS cells for reproductive mechanisms, with successful experiments in mice leading to the creation of offspring [2][3]. Group 3: Ethical Considerations - The report emphasizes the need for ethical consistency regardless of the source of the fertilized egg, as stated by experts involved in the ethical review [3][4]. - The cultivation of fertilized eggs is restricted to 14 days due to the onset of significant developmental processes, marking the beginning of individual development [4]. Group 4: International Context - The guidelines are based on international standards, with some regions like California allowing similar research under specific ethical reviews [4]. - The discussion of life ethics and the establishment of rules can enhance Japan's international standing in the field of stem cell research [4].

扭曲的目标管理 出版社: 东方出版社 内容简介 编者荐语： 日经中文网开设了"日经BP精选"栏目。日经BP是日本经济新闻社媒体集团的一员，成立于1969年。作 为日本领先的B2B媒体公司，聚焦经营管理、专业技术及生活时尚三大主要领域。敬请读者关注。 以下文章来源于日经BP ，作者日经BP 日经BP . 日经BP成立于1969年4月, 隶属于日本经济新闻社集团。作为日本领先的B2B媒体公司，我们聚焦"经营 管理"、"专业技术"及"生活时尚"三大主要领域，满足客户多元化的需求。 2.落地目标管理论的关键点 作者结合现实情况，基于指导企业落地目标管理的经验，围绕彼得·德鲁克的目标管理论系统阐述了企 业实施目标管理的现状、目标的本质、目标管理涵盖的领域、目标的设定方式、成果导向，以及定期检 查等内容。 阅读更多内容请点击下方" 阅读原文 " （本文由日经BP提供） 1.用目标来确认每个部门和每名员工的工作任务 经营企业就是在战斗，摧毁企业的最大因素就是客观形势，目标管理论是助力企业顶住客观形势压力和 谋求持续发展的有效的管理方式和思维方式。 ...