Japan Machine Tool Orders: January 2024
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in January 2024 amounted to 110.96 billion yen ($755 million), a decre…
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Japan’s Manufacturing Scene Is Fluctuating – Quality Is A Management Problem
Japan’s manufacturing scene is in flux, with quality becoming a "management problem." "Industrial morality" is deemed essential for top management. Recent quality fraud issues at J…
Industrial Robot Orders Decline by 24% in 2023, Marking First Decrease in Four Years
In 2023, investments in industrial robots in Japan were valued at 8.49 trillion yen (approximately 5.6 billion US dollars), a decrease of 23.6% from the previous year. This marks t…
Car Production in January 2024 totaled 142,102 units
The January production reached at 142,102 units, decreased 12.46% (YoY). Produced for domestic use decreased 33.62% (YoY) and produced for export decreased 50.89% (YoY).
Sodick Announces Medium-Term Management Plan: Targets 90.7 Billion Yen Sales by 2026
Sodick announces a medium-term management plan to target 90.7 Billion Yen sales and 5.5 Billion Yen net profit by 2026, focusing on structural reforms and overseas production revie…
Japan Machine Tool Orders Expected to Increase by Only 1% in 2024
Japan machine tool orders in 2024 are anticipated to reach 1.5 trillion yen, marking the first increase in two years, though with a modest 0.9% rise from 2023.
Japan Machine Tool Orders: December 2023
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in December 2023 reached a total of 127.09 billion yen (869 million USD…
Car Production in December 2023 totaled 133,621 units
The December production reached at 133,621 units, decreased 15.75% (YoY). The production number of this year totaled 1,841,663 units, drop 2.22%.
Japan's Semiconductor Equipment Sales Set to Soar, Surpassing 4 Trillion Yen in FY2024
Sales of Japan's semiconductor manufacturing equipment in fiscal year 2024 are projected to reach 4.035 trillion yen. This reflects a substantial 27% increase from fiscal year 2023…
DRILL-SFEED: Head Changeable 3-Flute Drill for Higher Productivity
TaeguTec has introduced the DRILL-SFEED, a new head changeable 3-flute drill with upgraded clamping structure designed to maximize productivity.
Japan Machine Tool Orders: November 2023 Shows Resilience Amidst Global Fluctuations
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in November 2023 reached a total of 115.90 billion yen (800 million USD…
Isuzu Announces 3.2 Billion Baht Investment in Thai Production Base for EV Pickups
Isuzu announces a 32 billion baht investment to produce electric pickup trucks in Thailand over the next 5 years, with plans for export to Norway.
Japan Machine Tool Orders Surge in October 2023, Thailand Showing a 12.5% Increase.
The Japan Machine Tool Builders' Association (JMTBA) reported that the global orders for Japan machine tools in October 2023 totaled 112.05 billion yen (775 million USD), marking a…
The Awakening of the Cellulose Nanofiber Market: Boosting Decarbonization with a Plant-Based, Light, and Strong Material
Cellulose nanofiber (CNF) is a plant-based material as strong as iron but lighter. It is expected to reduce the consumption of fossil resources and expand the recycling of plastics…
Steel Industry Giants Lead 'Green Steel' Shift Towards Sustainable Manufacturing
Major steel companies are currently introducing 'green steel materials. Even though each company has secured several contracts, challenges remain, including dissemination in the pu…
Toyo Glass Showcases Thick Labels, Elevating the Touch and Elegance of Beverage Bottles
Toyo Glass introduced “Atsumori Tack Labels”, with a rich, sculptural texture, these labels offer a touch of luxury. Perfect for alcoholic beverages, they're cost-effective and del…
Car Production in November 2023 totaled 163,337 units
The November production reached at 163,337 units, decreased 14.10% (YoY). The production number of this year totaled 1,708,042 units, rising 0.65%.
Commercial Vehicles Face Challenges in Southeast Asia Amid Market Deterioration and Decarbonization Trends
Challenges in Commercial Vehicles Industry persist! Isuzu adapts, Hino faces losses. 2024 merger with Mitsubishi Fuso sparks intrigue. Navigating global trends and decarbonization.…
Automotive Industry Rebounds in 2023: Car Production and Sales Surge Amid Semiconductor Relief
2023 Auto Industry Recap: Global car production and sales bounce back as the semiconductor shortage eases. China drives EV shift, US faces challenges with rising labor costs. Read …
Customer Experience (CX): Emphasis on Appealing Experiential Value
Elevate your business with CX! Beyond products, it's about creating unforgettable customer journeys. From Chef Mickey to Dyson, experience-driven strategies build loyalty.