Manufacturing
In 2019, Japan introduced 49,900 industrial robots, the second largest in the world after China. It is expected that industri al robots will play an increasingly active role in the domestic manufacturing industry, suffering from a serious labor shortage.
The Japanese manufacturing industry is expanding with the promotion of digitalization
Japan's manufacturing industry is the driving force that has supported the Japanese economy to the extent that it became the third-largest economy in terms of GDP and is known as one of the "Manufacturing Superpowers." It accounted for about 20% of the total GDP in FY 2019-20, led by automobile and many other players.
Government-led promotion of fundamental reform of the manufacturing industry and strengthening of international competitiveness
In this report, we focus on the following five government initiatives in the manufacturing industry:
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(1)
Support for diversification and the return of production bases to Japan
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(2)
Promoting Next-Generation Automobile Business
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(3)
Amendment of the Immigration Control and Refugee Recognition Act
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(4)
Smart Factory Promotion Project
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(5)
Local government initiatives
In this report, we focus on the following four attractive markets in the manufacturing industry:
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(1)
Automobiles
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(2)
Industrial robots
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(3)
Semiconductors
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(4)
Machine tools
Manufacturing Report
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1.
Overview
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2.
Government Initiatives
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3.
Attractive Markets
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- Business Expanding
- Machinery & Semiconductor
- Germany
Menlo Systems, a German developer of industrial and research lasers, establishes a Japanese subsidiary in Shizuoka Prefecture
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- Business Expanding
- Automobiles &Transportation Equipment & Aviation
- Nagoya city
- USA
Argosy International, a U.S. company that provides advanced composite and related materials to reduce the weight of aircraft and automobiles, establishes a Japanese subsidiary in Nagoya, Aichi Prefecture
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- Business Expanding
- Machinery & Semiconductor
- Germany
RATTUNDE AG, a German company that manufactures cutting and processing machines, establishes a Japanese subsidiary in Aichi Prefecture
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