A summary of 5 notable articles from this week, covering tectonic shifts in the advertising industry and the use of AI, long-term interest rate trends at Jackson Hole, the next move for Japan's asset management industry, the factors behind Pony Canyon's massive loss, and features from past issues.
As the online advertising market grows, companies are bringing advertising operations in-house while AI continues to advance. The latest developments involving industry executives highlight the growing importance of differentiation and comprehensive capabilities.
At the Jackson Hole meeting, Chairman Warsh's remarks were viewed by the market as hawkish, prompting speculation that the yen would weaken further against other currencies.
Mitsubishi UFJ Asset Management has become Japan's domestic leader in total net assets excluding publicly offered investment trusts, driven primarily by its Slim series. As its next growth strategy, the company is targeting the development of active products and private assets.
Pony Canyon, a subsidiary of Fuji Media Holdings, is facing a loss of approximately ¥7.7 billion due to substantial losses in its anime business. Overseas expansion and collaboration within the group have been cited among the contributing factors.