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Toray
is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. Its founding business areas were fibers and textiles, as well as plastics and chemicals. The company has also diversified into areas such as pharmaceuticals, biotechnology and R&D, medical products, reverse osmosis big membranes, electronics, IT-products, housing and engineering, as well as advanced composite materials. The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 and Nikkei 225 stock market indices. History Toray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan, one of the two largest Japanese trading companies (''sogo shosha'') of the time (the other being Mitsubishi Shoji). The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk on t ...
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Chūō, Tokyo
is a Special wards of Tokyo, special ward that forms part of the heart of Tokyo, Japan. The ward refers to itself in English as Chūō City. It was formed in 1947 as a merger of Kyōbashi, Tokyo, Kyobashi and Nihonbashi wards following Tokyo City's Local Autonomy Act, transformation into Tokyo Metropolis. Chūō-ku, as a combination of Kyobashi and Nihonbashi, is the core of Shitamachi, the original downtown center of Edo-Tokyo. Literally meaning "Central Ward", it is historically the main commercial center of Tokyo, although Shinjuku has risen to challenge it since the end of World War II. The most famous district in Chūō is Ginza, built on the site of a former silver mint from which it takes its name. The gold mint, or , formerly occupied the site of the present-day Bank of Japan headquarters building, also in Chūō. As of October 1, 2020, the ward has a resident population of 169,179, and a population density of 16,569 persons per km2. The total area is 10.21 km2. ...
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Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950. It is a price-weighted index, operating in the Japanese Yen (JP¥), and its components are reviewed once a year. The Nikkei measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors. Another major index for the Tokyo Stock Exchange is the Tokyo Stock Price Index (TOPIX). History The Nikkei 225 began to be calculated on , retroactively calculated back to May 16th 1949, when the average price of its component stocks was 176.21 yen. Since January 2010, the index is updated every 15 seconds during trading sessions. The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, the Osaka Securities Exchange (OSE) in 1988, Chicago Mercantile Exchange (CME) in 1990, i ...
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Nihonbashi Mitsui Tower
The Nihonbashi Mitsui Tower (日本橋三井タワー) is a skyscraper located in Chūō, Tokyo, Japan. The 192-metre, 34-storey building is primarily used for office space with the upper floors occupied by a hotel. Its construction was completed in 2005. It is connected by an underground concourse to the Tokyo Metro Mitsukoshimae Station. History The tower is located next to Mitsui Honkan, the historical headquarters of the Mitsui conglomerate, designed by Trowbridge & Livingston and built in 1929. Mitsui Honkan was designated as an Important Cultural Property in 1998, and the Mitsui Tower project was subsequently designed and built in a complementary style. This is most visible in the exterior design of the lower levels of the tower. Mitsui Honkan was refurbished alongside the construction of Mitsui Tower, and now houses the Mitsui Memorial Museum in addition to a branch of Sumitomo Mitsui Banking Corporation. The tower site itself was previously occupied by Sembikiya (千 ...
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Chemical Industry
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products. The plastics industry contains some overlap, as some chemical companies produce plastics as well as chemicals. Various professionals are involved in the chemical industry including chemical engineers, chemists and lab technicians. History Although chemicals were made and used throughout history, the birth of the heavy chemical industry (production of chemicals in large quantities for a variety of uses) coincided with the beginnings of the Industrial Revolution. Industrial Revolution One of the first chemicals to be produced in large amounts through industrial processes was sulfuric acid. In 1736 pharmacist Joshua Ward developed a process for its production that involved heating saltpeter, allowing the sulfur to oxidize and combine with water ...
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Japan Trustee Services Bank
, or JTSB, is a trust bank in Japan. JTSB is a joint venture between Resona Bank and Sumitomo Mitsui Trust Holdings, and acts as a subcontracted trustee for both banks to hold their customers' assets, which include pension fund and investment trust assets. Its main competitors are The Master Trust Bank of Japan (controlled by Mitsubishi UFJ Financial Group and Nippon Life Insurance) and Trust & Custody Services Bank (controlled by Mizuho Financial Group). JTSB's SWIFT (ISO 9362) code is JTSBJPJT. History JTSB was established on June 20, 2000, by Daiwa Bank and Sumitomo Trust & Banking Co., Ltd. and began operations on July 25, 2000. Sumitomo Trust transferred part of its trust business and other assets to JTSB in October 2000, and Daiwa followed suit in June 2001. The Mitsui Trust Financial Group invested in JTSB in 2002 and transferred some of its trust operations to JTSB in 2003. Daiwa merged with Asahi Bank in 2003 to form Resona Bank, and Sumitomo Trust merged with Chu ...
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US Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equi ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ ...
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The Master Trust Bank Of Japan
is a trust bank in Japan. It was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in asset administration business. The company's shareholders are Mitsubishi UFJ Trust and Banking Corporation (46.5%), Nippon Life Insurance (33.5%), Meiji Yasuda Life Insurance (10%) and Norinchukin Trust & Banking Co. (10%). Master Trust Bank is treated as a consolidated subsidiary of Mitsubishi UFJ Trust and Banking, and is by extension part of the Mitsubishi UFJ Financial Group. It is one of the three main master trust service providers in Japan, alongside Trust & Custody Services Bank (affiliated with Mizuho) and Japan Trustee Services Bank (affiliated with SMFG). History Master Trust Bank was founded in 2000 with investments from Mitsubishi Trust Bank, Nippon Life Insurance, Toyo Trust Bank, Meiji Life Insurance and Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and f ...
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Nihonbashi Mitsui Tower01s3872
is a business district of Chūō, Tokyo, Japan which grew up around the bridge of the same name which has linked two sides of the Nihonbashi River at this site since the 17th century. The first wooden bridge was completed in 1603. The current bridge, designed by Tsumaki Yorinaka and constructed of stone on a steel frame, dates from 1911. The district covers a large area to the north and east of the bridge, reaching Akihabara to the north and the Sumida River to the east. Ōtemachi is to the west and Yaesu and Kyōbashi, Tokyo, Kyobashi to the south. Nihonbashi, together with Kyobashi and Kanda, Tokyo, Kanda, is the core of Shitamachi, the original downtown center of Edo-Tokyo, before the rise of newer secondary centers such as Shinjuku and Shibuya. History The Nihonbashi district was a major mercantile center during the Edo period: its early development is largely credited to the Mitsui family, who based their wholesaling business in Nihonbashi and developed Japan's first ...
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Nippon Life
, also known as or is the largest Japanese life insurance company by revenue. The company was founded in 1889 as the ''Nippon Life Assurance Co., Inc.'' In structure it is a mutual company. It first paid policyholder dividends in 1898. Overview Nippon Life employs 70,519 employees and has 70,608 billion yen in assets as of 2016. The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of 2. ..., Japan. References External links Company website(in Japanese)Company website(in English) Insurance companies of Japan Mutual insurance companies Companies based in Osaka Prefecture Financial services companies established in 1889 1889 establishments in Japan Japanese brands {{japan-company-stub ...
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Pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies) ...
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