Industrial Trends in Japan

Industrial Trends in Japan

ABB and Kawasaki announce cobot collaboration

Setting Sights on Bright Cobot Future, Robot Leaders Join Forces

Collaborative robots can be the next big thing – and robot market leaders ABB and Kawasaki Heavy Industries are moving quickly to make that happen. Just a few days back, the two heavyweights announced in Tokyo a formal cooperation. Shortly after, also in Tokyo, ABB launched its latest YuMi collaborative robot at iRex International Robot Exhibition 2017. Also known as […]

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Mount Fuji Shizuoka Industry Zone

Japanese Manufacturers Set up Close to 500 New Sites in First Half – METI

Manufacturing companies in Japan invested in 499 new factory locations between January and June 2017, according to a report by the Ministry of Economy, Trade and Industry (METI). Up 9.4 percent compared to the previous year, this marked the return to a level comparable to that of 2014. The total area covered by new factory locations stood at 569 hectars, […]

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TPP Comes Roaring Back

TPP Comes Roaring Back as 11 Countries Reach Agreement

Trans-Pacific Partnership (TPP) negotiations have made substantial progress when negotiators on Nov. 10 reached agreement for a way forward at the TPP Ministerial Meeting held in Vietnam. This marks an important milestone for building the broader free trade area in the Asia-Pacific region, which experienced a stumble block when U.S. President Trump pulled out of negotiations back im January. Yet […]

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Japan UK Brexit

Brexit: What Will Japanese Companies Do?

After invoking Article 50 on March 29, the United Kingdom is set to leave the European Union by March 2019. Yet with only 18 months to go and after a third failed round of negotiations, it looks increasingly possible that the parties may miss reaching a deal. Such a scenario is problematic for non-European multinationals, many of which steer their […]

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Tokyo Buildings

JETRO Releases Global Trade and Investment Report 2017

Japan’s trade balance last year marked its first surplus in six years, according to the recently released Global Trade and Investment Report 2017 by the Japan External Trade Organization (JETRO). At the same time, the country’s outward FDI stood at record highs, while inward FDI from Asia to Japan continued to grow. Global trade declines 3.1%, downturn for two straight […]

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Otemachi Tokyo

Japanese Government Earmarks 46B Yen in Subsidies for SMEs

The Japanese Cabinet is setting aside 46 billion yen ($416 million) in planned subsidies for SMEs, small enterprises or other entities in fiscal 2017, according to the Ministry of Economy, Trade and Industry (METI). The subsidies are part of the government’s Small Business Innovation Research (SBIR) program and geared toward business activities based on R&D results. Subsidies for SMEs The […]

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EU-Japan Summit July 7

A Trade Deal for the 21st Century

On the eve of the G20 summit in Hamburg, the European Union and Japan reached a political understanding about a new comprehensive free trade agreement. During the EU-Japan Summit, Shinzo Abe, Japan’s prime minister, hailed the agreement as “the birth of the world’s largest, free, industrialized economic zone.” EU officials proclaimed it “the most important bilateral trade agreement ever concluded […]

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Tokyo International Forum

Japanese Overseas Subsidiaries Increase Sales for 4th Quarter in a Row

Total sales of Japanese overseas subsidiaries have increased 7.9 percent from January to March 2017, according to a recent survey published by the Ministry of Economy, Trade and Industry (METI). This marks the fourth consecutive quarter of increasing sales. Sales by Region Sales in Asia grew 8.8 percent during the quarter, also showing growth for the fourth quarter in a […]

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India Tech Startups

Japanese Firms Invest in Tech-Startups

Japanese investors are now setting their eyes on developing countries, particularly India, for fledgling tech startups that have potential for growth. Currently, India’s economy is the seventh largest in the world measured by nominal GDP, and the third largest by purchasing power parity. Asuka Corporation, REAPRA Ventures, GREE Ventures, Mistletoe Capital, and Incubate Fund are just some of the Japan-based […]

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China-Japan Rubber Industry Forum Tokyo 2016

China, Japan Strengthen Ties at Rubber Industry Forum in Tokyo

To make a point, most people are not aware what the rubber industry means for their daily lives. Namely, that they can’t live without it. The material, for example, drives personal mobility. Tires use up about 70 percent of global rubber production and car engines and other car parts another substantial amount. No rubber, no cars. Also no bicycles, airplanes […]

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Internet of Things Japan - NRW Conference 1

Internet of Things in Japan: Quietly, Systematically Plowing Ahead

Germany’s famed Plattform Industrie 4.0 initiative has become nothing less than a mainstay at seminars focusing on the future of manufacturing. The U.S. based Industrial Internet Consortium has been gathering momentum, too. Even China has prominently launched its Made in China 2025 initiative. Yet one of the world’s most important industrial powerhouses is apparently not much being talked about. One […]

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Japanese Monozukuri

The Japanese Way: Creative Conservation, Not Destruction

Japan fascinates with its coexistence of old, sometimes archaic companies and extremely modern high-tech. It is the result of a deliberate attempt to defy Schumpeter’s theory of destruction and creation – so far with success. Japan has a reputation of being one of the innovation and high-tech power houses of the world. It certainly deserves this image well. Hybrid cars, […]

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