yen


Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Idioms, Wikipedia.

yen

the standard monetary unit of Japan, (notionally) divided into 100 sen
References in periodicals archive ?
After peaking in 1991 at 39 trillion yen in returns from 600 trillion yen in interest-bearing financial assets (mostly bank deposits), households' interest income has nose-dived to less than 5 trillion yen from 860 trillion yen in interest-bearing assets.
increased its group pretax profit estimate to 170 billion yen from 165 billion yen and left its group net profit estimate unchanged at 80 billion yen.
The special account's paper losses will be realized once the ministry begins to unwind its huge holdings by selling dollars at these lower levels in exchange for yen.
On a parent-only basis, the company expects a net profit of 85 billion yen, up from 57 billion yen, and a pretax profit of 160 billion yen, up from 107 billion yen, on sales of 351 billion yen, down from 370 billion yen.
Nomura Securities was up 52 yen to 1,642 yen, Nikko Securities 39 yen to 954 yen, and Daiwa Securities Group 22 yen to 1,009 yen.
WEAKENING OF THE YEN IN RESPONSE TO A DETERIORATING ECONOMIC OUTLOOK IN ASIA
Now, the dollar is back up to about 108 yen, and on Friday a Japanese official stunned a lot of people by saying that move was nowhere near over.
If the dollar strengthens and the contract price is fixed in yen, the U.
corporations, it may be time for them to rethink hedging strategies and to pose a question worth tens of billions of dollars: "Is the yen bubble, too, about to burst?
JFE and Nippon Steel also lifted their forecasts for net profit by 5 billion yen to 10 billion yen to the levels some 1.
Japan's intervention to support the dollar has been increasingly ineffective since the dollar tumbled below [yen]115 last September--the result of implications that the yen might ease after a Group of Seven meeting that called for flexible exchange rates.
The hikes in electric power charges will average around 53 yen per month for a family of four, while those for gas charges will range between 8 and 53 yen.