Industrial Trends in Japan

Industrial Trends in Japan

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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QD Laser and Univ Duisburg-Essen sign MoU

Japanese High-Tech Helps People With Low Vision See Again

Japanese high-tech firm QD Laser Inc. and the Medical Faculty of German University of Duisburg-Essen have signed an agreement for cooperation at The University of Tokyo today. As part of the Memorandum of Understanding, the Eye Clinic of Essen University Hospital will perform clinical studies and research with the innovative retinal imaging laser eyewear (LEW) model developed by QD Laser […]

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Otemachi Tokyo

Internet of Things, Industry 4.0 and the Role of Japan

Japan is better prepared for the next industrial revolution than it seems at first sight. But the companies have to embrace change to stay in the race. Do you know the Borg, the cyborgs from the science-fiction universe Star Trek, who assimilate civilization after civilization? For years the German industry warns its colleagues abroad, that the dawn of the Internet […]

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