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On June 16, Japanese storage giant Kioxia closed up over 4% at 97,420 yen, reaching a new historical high. Its market capitalization has reached 51.75 trillion yen, solidifying its position as Japan's most valuable company. Kioxia has seen an increase of 807% year-to-date.

Bank of Japan Deputy Governor Shinichi Uchida stated that how falling oil prices will help ease the risk of rising inflation is a topic of concern for the Bank of Japan.

1. Although the US and Iran have reached a peace agreement, it will still take time for normal shipping through the Strait of Hormuz to resume. Industry experts and business executives point out that the agreement cannot immediately alleviate the shortage problems faced by the repair sector due to months of supply chain disruptions—especially in the supply of engine oil, paint, and other automotive maintenance products.2. In Tokyo, Hiroyuki Nakamura, a director at the auto repair company Shin Etsu Denso, said he has been dealing with engine oil shortages for the past few months, a predicament he has never encountered in his 35 years in the repair industry. Restricted by strict storage regulations, companies find it difficult to stockpile in large quantities. Last month, Suzuki also suspended acceptance of new reservations for engine oil and brake oil replacements at some dealerships due to supply delays.3. The US market is facing similar pressure. The conflict in the Middle East has disrupted the supply of raw materials for paint and lubricants, and the Independent Lubricant Manufacturers Association noted that prices have increased as a result, with relief unlikely before mid-2027. Nissan has already started implementing engine oil rationing measures to ensure stable supply to dealerships and is actively seeking alternative sources.4. US President Trump said on Monday that the two countries have signed a preliminary agreement to end the war, but the specific details remain unclear, and it will still take time for transportation through the Strait of Hormuz to return to normal. Industry insiders expect that the supply chain will take time to fully recover, and in the short term, the supply shortages in the automotive repair sector are unlikely to be quickly resolved.