June 2020 Issue
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Hiroshi Komiyama · Koichi Yamada a Platinum Society
Science for Sustainable Societies Hiroshi Komiyama · Koichi Yamada New Vision 2050 A Platinum Society Science for Sustainable Societies Series Editorial Board Editor in Chief Kazuhiko Takeuchi, Ph.D., Director and Project Professor, Integrated Research System for Sustainability Science (IR3S), The University of Tokyo Institutes for Advanced Study (UTIAS), Chair of the Board of Directors, Institute for Global Environmental Strategies (IGES), Japan Series Adviser Joanne M. Kauffman, Ph.D., Co-editor in Chief, Handbook of Sustainable Engineering, Springer, 2013 Scientific Advisory Committee Sir Partha Dasgupta, Ph.D., Frank Ramsey Professor Emeritus of Economics, University of Cambridge, UK; Volvo Environment Prize, 2002; Blue Planet Prize, 2015 Hiroshi Komiyama, Ph.D., Chairman, Mitsubishi Research Institute, Japan; President Emeritus, The University of Tokyo, Japan Sander Van der Leeuw, Ph.D., Foundation Professor, School of Human Evolution and Social Change and School of Sustainability, Arizona State University, USA Hiroyuki Yoshikawa, Dr. Eng., Member of Japan Academy; Chairman, The Japan Prize Foundation; President Emeritus, The University of Tokyo, Japan; Japan Prize 1997 Tan Sri Zakri Abdul Hamid, Ph.D., Science Adviser to the Prime Minister of Malaysia, Malaysia; Founding Chair of the UN Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES); Zayed International Prize, 2014 Editorial Board Jean-Louis Armand, Ph.D., Professor, Aix-Marseille Université, France James Buizer, Professor, University of -
Canon Foundation in Europe Fellow Register
Canon Foundation in Europe Fellow Register NATIONALITY: Japan Dr. Yoshinori Masuo Fellowship year: 1990 Current organisation: Toho University Faculty: Faculty of Science Dept.: Dept. Biology Address: 2-2-1 Miyama Postcode: 274-8510 City: Funabashi Pref: Chiba Country Japan Email address: [email protected] Organisation at time of application: Tsukuba University Country: Japan Host organisation: Hôpital Sainte-Antoine Host department: U339 City: Paris Cedex 12 Country: France Host professor: Professor W. Rostène Research field: Neurosciences Summary of project: Personal achievements: Obtained doctoral degree in 1990 (Neuroscience, University of Paris 6) and doctoral degree in 1994 (Medicine, University of Tokyo) Publication with an Effects of Cerebral Lesions on Binding Sites for Calcitonin and Calcitonin acknowledgement to Gene-related Peptide in the Rat Nucleus Accumbens and Ventral the Canon Foundation: Tegmental Area Subtitle or journal: Journal of Chemical Neuroanatomy Title of series: Number in series: Volume: Vol. 4 Number: Publisher name: Place of publication: Copyright month/season Copyright year: 1991 Number of pages: pp. 249-257 Tuesday, May 12, 2020 Page 1 of 595 Canon Foundation in Europe Fellow Register Publication with an Les systèmes neurotensinergigues dans le striatum et la substance acknowledgement to noire chez le rat. the Canon Foundation: Subtitle or journal: Efficts de lésions cérébrales sur les taux endogènes et les récepteurs de la neurotensine. Title of series: Number in series: Volume: Number: Publisher name: Place of publication: Paris Copyright month/season Copyright year: 1990 Number of pages: 248 pages Publication with an Interaction between Neurotensin and Dopamine in the Brain acknowledgement to the Canon Foundation: Subtitle or journal: Neurobiology of Neurotensin Title of series: Number in series: Volume: Vol. -
1.5°C-Consistent Benchmarks Japan
Climate Action Tracker JPN Climate Action Tracker 1.5°C-consistent benchmarks for enhancing Japan’s 2030 climate target March 2021 Summary This policy brief discusses economy-wide and sector-level benchmarks in 2030 and beyond for Japan to be consistent with the Paris Agreement’s long-term 1.5°C warming limit, based on recent analyses by the Climate Action Tracker and its member organisations, NewClimate Institute and Climate Analytics. The benchmarks presented in this brief are set in such a way that the world would not have to rely excessively on unproven negative emission technologies in the second half of this century. On an economy-wide level, we show that for Japan, a domestic greenhouse gas (GHG) reduction of more than 60% below 2013 levels by 2030 would be 1.5°C-consistent. While this is a challenging benchmark, the analysis of mitigation options and scenarios presented in this brief shows how this could be achieved. It is also in line with what would be necessary at a global level to be on a pathway consistent with 1.5°C. It is therefore essential for Japan to consider this range throughout the 2030 Paris Agreement target (Nationally Determined Contribution - or NDC) revision process. On a sectoral level, transformational changes need to take place in all sectors by 2030. In the power sector, Japan would need to phase out unabated coal-fired power plants by 2030 and increase electricity generation from renewables to about 60% or more to avoid reliance on nuclear or fossil fuels with carbon capture, utilisation and storage (CCUS), and to increase its chance of achieving 100% renewable energy by 2050. -
NBER WORKING PAPER SERIES CAUSES of the LONG STAGNATION of JAPAN DURING the 1990S: FINANCIAL OR REAL? Taizo Motonishi Hiroshi Yo
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Research Papers in Economics NBER WORKING PAPER SERIES CAUSES OF THE LONG STAGNATION OF JAPAN DURING THE 1990S: FINANCIAL OR REAL? Taizo Motonishi Hiroshi Yoshikawa Working Paper 7351 http://www.nber.org/papers/w7351 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 September 1999 This paper was presented at the NBER Tokyo Conference on Japan in October, 1998. The authors benefited from many comments made by participants of the Conference, in particular, Professors Paul Beaudry, Fumio Hayashi and Anil Kashyap. We also thank Professor Takeo Hoshi for his helpful comments and suggestions. The views expressed herein are those of the authors and not necessarily those of the National Bureau of Economic Research. © 1999 by Taizo Motonishi and Hiroshi Yoshikawa. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Causes of the Long Stagnation of Japan during the 1990’s: Financial or Real? Taizo Motonishi and Hiroshi Yoshikawa NBER Working Paper No. 7351 September 1999 JEL No: E22, E30, G21, N15 ABSTRACT Corporate investment is the most important factor to explain the long stagnation of Japan during the 1990’s. Using the Bank of Japan diffusion indices of ‘real profitability’ and ‘banks’ willingness to lend’, we estimate investment functions for four groups of firms: large/small and manufacturing/non-manufacturing. Our results suggest that for large firms, financing constraints are not significant whereas the converse is true for small firms. -
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As filed with the Securities and Exchange Commission on July 9, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ‘ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2021 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ‘ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number 000-54189 KABUSHIKI KAISHA MITSUBISHI UFJ FINANCIAL GROUP (Exact name of Registrant as specified in its charter) MITSUBISHI UFJ FINANCIAL GROUP, INC. (Translation of Registrant’s name into English) Japan (Jurisdiction of incorporation or organization) 7-1, Marunouchi 2-chome Chiyoda-ku, Tokyo 100-8330 Japan (Address of principal executive offices) Masahisa Takahashi, +81-3-3240-8111, +81-3-5218-8666, 4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8212, Japan (Name, Telephone, Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Trading Title of each class symbol(s) Name of each exchange on which registered Common stock, without par value ........................................................... NewYork Stock Exchange(1) American depositary shares, each of which represents one share of common stock ..................... MUFG New York Stock Exchange (1) The listing of the registrant’s common stock on the New York Stock Exchange is for technical purposes only and without trading privileges. -
The Details of Economic Dialogue Must Be Made Public
My Vision No.29 2017.5 Expert Opinions The details of economic dialogue must be made public Fiscal stimulus is the centerpiece of current US economic policy. President Trump seems to believe that the US economy is struggling, but in fact the economy at hand is coming good. Housing prices are approaching their level prior to the subprime shock, prompting the economist Robert J. Shiller to speak of signs of a bubble. The FRB commenced raising interest rates at the end of 2016. The issue of aging infrastructure remains, as evidenced for example by the Minnesota bridge collapse, but the appropriate amount of expenditure on public works must be judged on the basis Hiroshi Yoshikawa of the nation’s macroeconomic status. Professor, The effect of tax reductions in invigorating the economy is also Faculty of Economics, doubtful. The international competitiveness of US manufacturing Rissho University industry did not decline as a result of high corporate taxes, and reducing tax rates now is unlikely to reinvigorate manufacturing. Google, Amazon, and the other IT companies that are driving the US economy are products of the nation’s corporate ecosystem, not the result of government policy. In this sense, Trump’s cry of “America First” is extremely ill-considered. Against this background, in their first meeting as leaders, Prime Minister Abe and President Trump agreed to establish a new economic dialogue between the US and Japan. If the Trump administration continues to project a sense of instability, it is predicted that the effect on the economy will be negative. And if this is the case, it is likely that dialogues will see Japan being criticized for inducing a weak yen. -
“Western Balkans Meet Japan: a Bridge Into the Future”
“Western Balkans meet Japan: A Bridge into the Future” MIRAI Program 2020/2021: Western Balkans Youth Exchange (Mutual-understanding, Intellectual Relations and Academic Exchange Initiative) I. Background and Organizing Team The Ministry of Foreign Affairs of Japan (MOFA), as of January 2018, started the “Western Balkans Cooperation Initiative” to support socio-economic reforms and facilitate reconciliation and cooperation in Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Montenegro and Serbia. The mechanisms foreseen to achieve the predefined objectives are: ● Bilateral cooperation. ● Promotion of cooperation in the region. ● Cooperation with third parties. Based on the second component, the MOFA of Japan aims to establish a cooperation mechanism with the Western Balkans (WB) through the organization of seminars and exchanges on common challenges. In continuation to bringing more nations close to Japan, the MOFA of Japan has launched the “Japan’s Friendship Ties Programs” to promote people-to-people exchange between Japan and Asia- Pacific, North America, Europe, Latin America and the Caribbean, and to encourage the understanding of Japan’s economy, society, history, diverse culture, politics and diplomatic relation. The European regional component is called “MIRAI Program”, which features intellectual exchange among youth across Japan and Europe. The program aims to promote mutual understandings, enhance intellectual discussions and build a basis for future friendship and cooperation between Japan and Europe. * This designation is without prejudice to positions on status and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo Declaration of Independence. In order to further achieve a bigger impact and effectiveness in the Western Balkans, MIRAI Program is organizing this youth exchange for the third time, in cooperation with the Regional Youth Cooperation Office (RYCO) as one of the key actors working on youth issues in the region. -
Elanco Animal Health Incorporated (Exact Name of Registrant As Specified in Its Charter) INDIANA 82-5497352 (State Or Other Jurisdiction of (I.R.S
ELANCO ANIMAL HEALTH 2500 Innovation Way Greenfield, IN 46140 USA 1.877.Elanco1 (1.877.352.6261) For additional information visit elanco.com Food and companionship enriching life. 2018 ANNUAL REPORT STOCK INFORMATION COMMON STOCK TRANSFER AGENT AND REGISTRAR Listed on the New York Stock Exchange – trading symbol ELAN. Communications concerning shareholder address changes, stock transfers, changes of ownership, lost stock certificates, payment SHAREHOLDERS OF RECORD of dividends, dividend check replacements, duplicate mailings or As of March 22, 2019, there were 365,702,757 shares outstanding. other account services should be directed to the following: CORPORATE INFORMATION MAILING ADDRESSES CORPORATE OFFICE Shareholder correspondence Overnight correspondence Targeted, Value-Generating Strategy Elanco Animal Health should be mailed to: should be sent to: 2500 Innovation Way Computershare Computershare Greenfield, IN 46140 USA C/O: Shareholder Services C/O: Shareholder Services 462 South 4th Street Phone: (877) 352-6261 PO Box 505000 Louisville, KY 40233-5000 Suite 1600 Louisville, KY 40202 ELANCO CONTACTS Toll Free: (800) 736-3001 Colleen Parr Dekker Darlene Quashie Henry Toll: 1 (781) 575-3100 Head, Global External Communications Head of Securities and Corporate Email: [email protected] Phone: 1 (317) 989-7011 Transactions, Legal Internet: www.computershare.com/investor Email: [email protected] Phone: 1 (317) 276-4606 Email: [email protected] Jim Greffet Head, Investor Relations ADJUSTED EBIT RECONCILIATION Phone: 1 (317) 383-9935 Email: [email protected] 2015 2016 2017 2018 Sales 2,909 2,914 2,889 3,067 The Customer FORWARD-LOOKING STATEMENTS The Elanco 2018 Annual Report contains forward-looking statements as GAAP Net Income (211) (48) (311) 87 defined by federal securities laws. -
Economic Associations the Union of National in Japan
No.32 ISSN 0289 - 8721 NAL ECO IO N T O Information Bulletin of A M N I C F A O The Union of National S N S O O I C N I A Economic Associations U T E I O H T N S in Japan 日本経済学会連合 2012 Correspondence to be addressed: Secretariat of the Union of National Economic Associations in Japan, c/o School of Commerce, Waseda University, Nishiwaseda 1-6-1, Shinjuku-ku, Tokyo 169-8050, Japan e-mail: [email protected] COPYRIGHT 2012 BY THE UNION OF NATIONAL ECONOMIC ASSOCIATIONS IN JAPAN Printed in Japan. INTERNATIONAL BUSINESS INSTITUTE, CO., LTD. Tel. +81-3- 5273-0473 ISSN 0289-8721 Editorial Committee Katsuaki ONISHI, Senshu University Naoki SENDA, Yamanashi Gakuin University Takayuki MATSUI, Aoyama Gakuin University Shuichi NAKAGAWA, Meiji University Mazuru NAKAMURA, Aoyama Gakuin University Shujiro URATA, Waseda University Toshihiko MATSUO, Tokai University Nobuaki ENDO, Tokyo University of Marine Science and Technology Hajime TAKAHASHI, Sakushin Gakuin University Michihiko TOKORO, Osaka City University Directors of the Union President Kenichi ENATSU, Waseda University Fumihiko HIRUMA, Waseda University Tetsuji OKAZAKI, University of Tokyo Hiroshi OTSUKI, Waseda University Shujiro URATA, Waseda University Mitsuhiko TSURUTA, Chuo University Yasuhiro OGURA, Toyo University Katsuaki ONISHI, Senshu University Yoshiaki TAKAHASHI, Chuo University Yoshiharu KUWANA, J. F. Oberlin University Secretary General Masataka OTA, Waseda University Auditor Yoshihiro TOKUGA, Kyoto University Yoshimasa TOMOSUGI, Waseda University Emeritus Takashi SHIRAISHI, Keio University Osamu NISHIZAWA, Waseda University Yasuo OKAMOTO, University of Tokyo THE UNION OF NATIONAL ECONOMIC ASSOCIATIONS IN JAPAN 日本経済学会連合 The Union of National Economic Associations in Japan, established in 1950, celebrated its 60th anniversary in 2010, as the sole nationwide federation of associations of scholars and experts on economics, commerce, and business administration. -
Outlook for Japan's Economy in 2021
Japan's Economy 29 December 2020 (No. of pages: 11) Japanese report: 17 Dec 2020 Outlook for Japan’s Economy in 2021 Outlook for 2021: Growth of more than +2% expected, but may fluctuate significantly depending on infection situation Economic Research Dept. Keiji Kanda Akane Yamaguchi Summary We expect Japan’s real GDP growth rate in 2021 to be at +2.3%. Working under the assumption that measures to prevent the spread of COVID-19 infections will be continued both in Japan and abroad, we expect recovery from the previous year’s downturn (estimated at -5.3%) will likely be gradual. Looking at the outlook by demand component, personal consumption and exports are expected to achieve positive growth, but the amount of expected growth will still not make up for the extent of the previous year’s decline. While capital expenditure and housing investment are expected to suffer slight declines, public demand is expected to continue its positive growth. There are five major factors providing a boost to economic recovery in 2021. These are (1) maintenance of accommodative fiscal and monetary policies, (2) improvement in global IT market conditions, (3) inauguration of Biden administration in the US, (4) progress in inventory adjustment, and (5) holding of the Tokyo Olympics and Paralympics. The economy may fluctuate significantly depending on the infection situation. In addition to our main scenario, which sees a gradual recovery for the economy, we also provide a vaccine dissemination scenario, which assumes that effective vaccines will spread rapidly from the latter half of 2021, and a risk scenario, which assumes that spread of COVID-19 infections will occur twice during 2021 in Japan, the US, and Europe. -
Newsletter the CIRJE Has Promoted and Continued to Support Conferences and Workshops Over the Years
No.17 CCIRJEI R J E April 2016 Center for International Research on the Japanese Economy (CIRJE) N e w s l eettet t e r Graduate School of Economics Center for International Research on the Japanese Economy Faculty of Economics The University of Tokyo CIRJE Newsletter The CIRJE has promoted and continued to support conferences and workshops over the years. Among them, four international conferences during fi scal 2015 are introduced by the organizers. Contents Conferences Future of Housing Market Post-Abenomics Toshihiro Ihori ■ At this workshop, three scholars delivered presentations about housing issues post-Abenomics. First, Professor Shin-ichi Fukuda pointed out the need to use housing finance to stimulate housing investment 2015 Summer School of among the social classes, for whom purchasing a home has always been diffi cult, as well as the importance of Econometric Society improving liquidity in the housing market by stimulating the sale of existing homes and the market for mortgages 25th NBER-TCER-CEPR to purchase homes. Next, Professor Hiroshi Yoshikawa said that even though an aging society poses serious Conference on International Finance challenges to social welfare, government fi nances, and local economies, it can also be an impetus for innovation, in the Global Markets so Japan’s socioeconomic situation is providing Japanese companies with an opportunity to innovate in the key area of housing. Finally, Professor Masayoshi Hayashi discussed the tax and fi scal issues facing Japan, as well as 2015-16 their impact on the housing market. He described a future socioeconomic environment characterized by the 9th Asian Conference on Applied Micro-Economics/ depopulation of non-urban areas, extinction of local entities, and major “sinkholes”, such as the continuing low Econometrics birthrate, aging society, and population decline, leading to a halving of the labor force over the next 50 years. -
Curriculum Vitae
November 25, 2015 CURRICULUM VITAE Kiyohiko G. Nishimura Status : Japanese Citizen Born : 30 March, 1953 Address : 1- 2-26-403, Higashi-Gotanda, Shinagawa-Ku, Tokyo 141-0022, JAPAN (Tel. and fax.) +81-3-3473-6035 (internet e-mail) [email protected] Present Employment Professor of Economics Faculty of Economics The University of Tokyo 7-3-1 Hongo, Bunkyo-Ku, Tokyo 113-0033 JAPAN TEL: +81-3-5841-5530 (Main Office) FAX: +81-3-5841-5521 (Main Office) Education Yale University - Sept. 1978 - Dec. 1982, MA.(1979), Ph.D.(1982) in Economics. The University of Tokyo - Apr. 1975 - Aug. 1978, MA.(1977) in Economics. The University of Tokyo - Apr. 1971 - Mar. 1975, BA. in Economics. Past Employment Professor, University of Tokyo, March 2013 – to date. Dean, Graduate School of Economics and Chairman, Faculty of Economics at the University of Tokyo, October 2013 – September 2015. Deputy Governor, Bank of Japan, March 2008 – March 2013 Member of the Policy Board, Bank of Japan, April 2005 – March 2008. Executive Research Fellow, Economic and Social Research Institute, Cabinet Office, Government of Japan, Oct. 2003 – March 2005. Professor, University of Tokyo, November 1994 – March 2005. Associate Professor, University of Tokyo, January 1983 – October 1994. Arthur M. Okun Research Fellow, Economic Studies Program, Brookings Institution, Washington, D.C., U.S. A., Sept. 1981 - Aug. 1982. Honors and Awards 1 Emperor’s Medal of Honor with Purple Ribbon, 2015. TELECOM Social Science Award, 2006, The Telecommunications Advancement Foundation. JARES Prize, 2005, The Japan Association for Real Estate Sciences. The Nakahara Prize, 1998, Japanese Economic Association, Japan The Japan Economist’s Prize, 1997, Mainichi Shinbun, Japan The Nikkei (Keizai Tosho Bunka) Prize, 1993, Nihon Keizai Shinbun, Japan Activities (Academic appointments) Advisor, Manufacturing Management Research Center, Faculty of Economics, University of Tokyo, June 2005 – March 2009.