Core Viewpoint - Fast Retailing, the operator of Uniqlo, expects a slight increase in consolidated net profit to 435 billion yen for the fiscal year ending August 2026, shifting growth focus from China to other regions, particularly the U.S. [1] Group 1: Financial Projections - The company anticipates a 10% growth in sales revenue, reaching 3.75 trillion yen for the fiscal year 2026 [2] - For the fiscal year 2025, North American business revenue was 271.1 billion yen, a 25% year-on-year increase [4] - Consolidated net profit for fiscal year 2025 increased by 16% to 433 billion yen, with domestic sales in Japan surpassing 1 trillion yen for the first time [6] Group 2: Impact of Tariffs - The company plans to raise prices to offset the impact of tariffs, which may lead to a decline in consumer spending in the U.S. market [1][5] - Tariffs are expected to further affect profits starting from fiscal year 2026, with the CFO indicating a strategy of price rationalization to mitigate this impact [5] - The company has already implemented price increases on some products to absorb the cost increases due to tariffs [4][5] Group 3: Market Dynamics - The importance of the U.S. market is increasing as the company shifts its growth focus from the traditionally profitable Chinese market [5] - Sales in the Greater China region decreased by 4% to 650.2 billion yen, marking a decline for the first time in five years, while North American sales grew by 25% [5] - Competitors like H&M and Inditex have also begun raising prices in the U.S. market, indicating a broader trend in the industry [6]

Group 1 - The core viewpoint of the article highlights the potential withdrawal of the Komeito party from the ruling coalition with the Liberal Democratic Party (LDP) due to unresolved issues regarding political donations and transparency [2][4]. - Komeito's representative, Saito Tetsuo, expressed three main concerns during discussions: (1) issues related to money in politics, (2) historical recognition issues including visits to Yasukuni Shrine, and (3) excessive exclusion of foreigners [4]. - The LDP and Komeito have been in a coalition since 1999, and despite some alignment during their time in opposition from 2009 to 2012, there are significant differences in their current discussions, particularly regarding the regulation of political donations [2][4]. Group 2 - In a recent meeting, Komeito insisted on reducing the range of political groups eligible to receive corporate and group donations to enhance transparency, while the LDP expressed caution due to potential impacts on local legislators [4]. - The LDP's new system is being introduced amid challenges, with Prime Minister Kishi's nomination being delayed, indicating a difficult start for the party [5].

Core Viewpoint - The rapid growth of large electric trucks in China is driven by the narrowing price gap between electric vehicles (EVs) and gasoline vehicles, along with increased government subsidies for new energy vehicles [6][8]. Group 1: Market Performance - In the first half of 2023, sales of large new energy trucks in China reached 87,100 units, surpassing the total sales expected for the entire year of 2024 [6]. - XCMG's large new energy truck sales reached 12,900 units in the first half of 2023, a 60% increase compared to the same period last year [4]. - SANY Heavy Truck's sales of large electric trucks also doubled year-on-year, reaching 11,100 units in the first half of 2023 [6]. Group 2: Price Dynamics - The price of large electric trucks is approximately 470,000 yuan, while gasoline trucks are around 400,000 yuan, indicating a reduced price gap [6]. - Battery prices have decreased by 40%, making electric trucks about 40% cheaper than three years ago [6]. Group 3: Government Support - The Chinese government has increased subsidies for new energy vehicles, with higher subsidies for replacing gasoline trucks with electric ones [6]. - Starting in 2024, a new subsidy system will be implemented, expanding the range of eligible vehicle models by March 2025 [6]. Group 4: Future Growth Potential - The proportion of new energy vehicles in commercial vehicles is currently 20%, with expectations for significant growth in the coming years [8]. - The commercial vehicle market is projected to recover, with a 3% year-on-year increase in sales expected by 2025, reaching 4 million units [8]. Group 5: Infrastructure Development - The establishment of more charging stations and battery swapping mechanisms is crucial for the growth of electric trucks [9]. - Companies like Telad and CATL are developing rapid charging solutions and battery swapping stations to enhance the efficiency of electric truck operations [9][11].

基于诺贝尔奖得主坂口志文的研究成果，RegCell计划在美国启动临床试验 调节性T细胞具有抑制过剩免疫功能的作用。有望有助于治疗1型糖尿病、类风湿性关节炎、 癌症。临床试验中对患者使用的是人造调节性T细胞，由从患者自身取出的其他免疫细胞改造 而成…… 已确定获得诺贝尔生理学或医学奖的日本大阪大学特任教授坂口志文等人设立的初创企业 RegCell（美国加利福尼亚州）最早将于2026年在美国启动首次临床试验。对象是免疫系统 攻击自己身体的自身免疫性疾病，力争利用坂口发现的"调节性T细胞" 开发治疗药物。 视频号推荐内容： 坂口发现的调节性T细胞具有抑制过剩免疫功能的作用。有望有助于治疗因免疫系统攻击体内 正常细胞而发病的1型糖尿病和类风湿性关节炎。 临床试验中对患者使用的是人造调节性T细胞。使用特殊培养法等，把从患者自身取出的其他 免疫细胞改变成人造调节性T细胞。患者自身体内的调节性T细胞量少，很难用于治疗，但如 果把在体外制造的T细胞注入患者体内进行补充，可以期待充分的治疗效果。 通过改变调节性T细胞，使其只对特定抗原起反应，可以进一步提高治疗效果。相关人士表 示，"不进行基因编辑等基因操作、能抑制成本是其优势 ...

Core Viewpoint - The Japanese yen is experiencing significant depreciation, with predictions that it will be the weakest week since September 2024, primarily due to market reactions to political changes and monetary policy expectations in Japan [1][5]. Exchange Rate Trends - As of October 9, the yen's exchange rate fluctuated around 153 yen per dollar, marking a depreciation of approximately 4% compared to the rate before the ruling party's presidential election on October 3 [3][5]. - The yen's depreciation is more pronounced than that of other major currencies, such as the euro and New Zealand dollar, which have also seen declines of 1.6% and 1.5% respectively [5]. Market Sentiment and Speculation - UBS has indicated that speculative positions in the yen are leading to further selling pressure, with a potential temporary drop to 155 yen [5]. - Market participants are testing the bottom of the yen's exchange rate, with Forex.com suggesting it may be a good opportunity to reduce yen holdings [5]. Political and Economic Factors - The political landscape in Japan remains uncertain, with discussions about coalition governance and the selection of a new finance minister potentially influencing market dynamics [6]. - A report from Bank of America highlights that individual investors' foreign exchange asset investments and ongoing corporate overseas direct investments are contributing to increased selling pressure on the yen [6].

"我们确信可以推出超越泰国消费者期待的车型"，正如丰田泰国法人社长山下典昭在曼谷 发布会上显示出的自信，这款车型的开局良好。相关人士透露，在 YARIS ATIV 混动版发售 后的 8 月底，在泰国举行的展会上获得了超出预期的订单。 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。 本文的3个要点 丰田 8 月下旬在泰国推出了小型轿车" YARIS ATIV "的混合动力版（ HV ）。年内将以 71.9 万泰铢（约合人民币 16 万元）的限定价格销售，比此前投放泰国市场的 HV 之中最便 宜的小型 SUV " YARIS Cross "便宜约 1 成。 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 . 阅读更多内容请点击下方"阅读原文" （本文由日经BP提供） 1. 丰田在泰国推 ...

2025世界大学排名：清华12 北大13 东大26 原创 阅读全文 日经GO ...

Core Viewpoint - The delay in the coalition agreement between the Liberal Democratic Party (LDP) and Komeito is likely to lead to policy stagnation and could impact Japan's diplomatic agenda, with potential consequences for the new government's stability and longevity [2][5][10]. Group 1: Coalition and Leadership Dynamics - The coalition agreement between the LDP and Komeito has been unusually postponed, with the prime minister's nomination likely pushed to after October 20 [2]. - High-ranking officials within the LDP, including influential Vice President Taro Aso, are distancing themselves from Komeito, raising concerns about the stability of the coalition [5]. - Komeito's leader, Tetsuo Saito, has expressed the need for clarity on political funding issues, particularly regarding the appointment of members with unreported political funds [4][5]. Group 2: Economic Policy and Budget Challenges - High市 has emphasized the urgency of addressing rising prices and has proposed expanding support funds for local governments, but the delay in forming a government complicates the passage of the 2025 supplementary budget [5][6]. - The current government lacks a majority in both houses of parliament, making it difficult to pass budget proposals without support from opposition parties [6]. - The proposed tax reforms and budget for 2025 are under scrutiny, with the National Democratic Party opposing the budget due to insufficient funding guarantees [6]. Group 3: Diplomatic Engagements - High市 plans to attend the ASEAN summit in Malaysia starting October 26, but delays in her appointment could reduce preparation time for diplomatic engagements [8]. - Upcoming meetings with U.S. President Trump and discussions on trade agreements and security cooperation are anticipated, highlighting the importance of timely leadership transition [9]. - The new government's approach to historical issues and relations with China and South Korea will be closely monitored, as past administrations have maintained high approval ratings initially [10].

Core Viewpoint - The research capability in Japan is perceived to be declining, but there is optimism that Japanese researchers will continue to win Nobel Prizes, with a call for better support for young researchers to enhance research capabilities [2][4]. Group 1: Research Capability in Japan - There are concerns regarding the decline in Japan's research capabilities based on metrics like citation counts, leading to fears of fewer future Nobel Prize candidates [2]. - North River emphasizes that there are still many potential Nobel Prize candidates in Japan and highlights the importance of significant foundational research [2]. Group 2: Training and Support for Young Researchers - North River points out that while Japan is gradually forming experiences in cultivating excellent researchers, there are significant challenges in ensuring young researchers have adequate research time due to unstable employment conditions [5]. - He stresses the necessity of establishing a supportive system for research, alongside ensuring sufficient budgets for basic research [5]. Group 3: Nobel Prize Achievement - North River is involved in research related to Metal-Organic Frameworks (MOF), which have potential applications in environmental and energy sectors, and he is a co-recipient of the 2025 Nobel Prize in Chemistry [7].

Core Viewpoint - The Nikkei average index reached a historic high of 48,580.44 points on October 9, driven primarily by SoftBank Group's acquisition of a Swiss large-scale electric company's robotics business, marking its entry into the AI robotics development competition [2][4]. Group 1 - On October 9, the Nikkei average index rose by 845.45 points, or 1.77%, compared to the previous trading day, setting a new historical record [2]. - The market had previously shown signs of a pullback on October 8, with concerns about a potential slowdown in the upward momentum, but it demonstrated strong resilience [4]. - The 200-day moving average divergence exceeded the overheating threshold of 20%, reaching 21%, indicating a sustained overheat state in the market [4]. Group 2 - The appointment of high-profile political figures, such as the new president of the Liberal Democratic Party, has fueled expectations for proactive fiscal policies and monetary easing, contributing to the so-called "high market trading" that has driven stock price increases [4]. - The interplay between "high market trading" and the "AI boom" has been identified as the dual driving forces behind stock price increases, suggesting that even in an overheated market, stock price growth is likely to continue [5].