According to the Japan Construction Equipment Manufacturers Association, March construction equipment shipments amounted to 244.7 billion yen ($2.24 billion). This was down 9 percent from March of the previous year and represented an eighth consecutive month of decline. Domestic demand amounted to 118.2 billion yen, up 2 percent year on year, while overseas demand fell 18 percent year on year...
During the Edo Period (1603-1867), shippers and wholesalers dealing in local specialties from various countries concentrated in the Horidomecho area of Tokyo’s Nihombashi district. Also home to Suginomori Shrine and its famed raffles, Horidomecho today looks set to develop a reputation for commodity futures trading as well. The Tokyo Commodity Exchange, where dealers trade in everything from Middle Eastern oil...
Data compiled by the Japan Automobile Tyre Manufacturers Association shows that automobile tire and tube production volume in March totaled 89,547 tons. The 6.8-percent drop compared to the prior year marked the sixteenth straight year-on-year decline. The falloffs in year-on-year volume by product type were 14.6 percent for trucks and buses, 11.9 percent for small trucks and 4.6 percent for...
According to the Japan Automobile Manufacturers Association (JAMA), Japanese automotive manufacturers produced a total of 889,501 vehicles in March. This represents a 1.2 percent increase from the previous March, the first such year-on-year increase in four months. By automobile type, 757,605 passenger vehicles were produced, up 2.3 percent from the previous March, also a first year-on-year increase in four months....
The downturn in Japan’s automotive industry has had widespread impact among related manufacturing industries. The rubber manufacturing industry, centering on automotive tires, is also greatly influenced by strong or weak performance in the automobile manufacturing industry. However, a look at business performance by wholesalers of industrial rubber products across Japan from 2014 through 2015 shows that aggregate total sales by...
Rubber manufacturers in the Japanese prefectures of Kumamoto and Oita have been greatly affected by a recent string of earthquakes that have centered on Kumamoto Prefecture, beginning with a foreshock at 9.26 p.m. on April 14. Bridgestone Corp. (TYO:5108) and NOK Corp. (TYO:7240) suspended operations at their respective manufacturing plants in Kumamoto Prefecture. Meanwhile, damage to locally based Tsuchiya Rubber...
