Japan's IMM production steady, but manufacturers worry about 2013

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: December 5, 2012 6:00 am ET

Related to this story

Topics Injection Molding, Machinery

DONGGUAN, CHINA (Dec. 5, 9:15 a.m. ET) — Japan’s injection molding machinery industry is on track to manufacture about 12,000 presses in the country this year, slightly up from last year, even as it increases production outside the country to become more cost-competitive, the head of the country’s plastics machinery association said.

Japanese machinery makers made 9,900 machines domestically from January to September, but the pace is expected to slow in the fourth quarter and will likely put full-year production at about 12,000, said Hozumi Yoda, chairman of the Tokyo-based Association of Japan Plastics Machinery and president of Nagano, Japan-based Nissei Plastic Industrial Co. Ltd.

By comparison, the Japanese industry made 11,400 presses in domestic factories in 2011, including about 9,300 machines through the first nine months of 2011. Many of those machines are exported.

The Japanese association does not collect figures on production of machines by Japanese companies outside the country, but estimates it at about 20-25 percent of the domestic total and growing. That would put the full-year production overseas at roughly 2,400 to 3,000 machines.

Yoda said the industry was helped in the early part of 2012 by strong demand in Thailand, where many factories were replacing hundreds of machines wiped out in severe flooding there in 2011. But now the demand from Thailand has slowed, he said, speaking in an interview at the Nissei booth at the 14th Dongguan International Plastics, Packaging and Rubber Exhibition, or DMP show, held Nov. 14-17 in Dongguan.

Yoda said he is concerned about the economic picture for 2013, including sluggishness in the world economy. He also criticized Japanese government policies.

“The policy of the Japanese government has had a bad effect on us,” he said, arguing that the Japanese yen is too strong, labor costs are too high and the government should put more effort into joining the Trans-Pacific Partnership free trade talks. “Everything is against [us].”

He said Japanese consumer product manufacturers are increasingly putting their production outside the country.

“Japanese companies such as Panasonic, Sanyo, Sharp, they are putting their investment outside Japan,” he said. “There is less and less production inside Japan. It is not good for our business.”

Japan’s press industry is one of the world’s most technologically sophisticated and one of the largest. The U.S. market, for comparison, bought 2,400 molding machines in 2011.


Comments

Japan's IMM production steady, but manufacturers worry about 2013

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: December 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Sales, orders climbing for Wittmann Battenfeld

October 22, 2014 4:04 pm ET

Equipment maker Wittmann Battenfeld GmbH expects sales this year to increase 7 percent, to 295 million euros, as it said some key markets, including...    More

Image

Ford's final ACH plant, injection molder of HVAC systems, to close

October 22, 2014 1:58 pm ET

Ford Motor Co. will shed the last line of business in 9-year-old Automotive Component Holdings LLC by December when ACH closes its Plymouth, Mich.,...    More

Image

Comar merging with Convergence Packaging

October 21, 2014 5:07 pm ET

A couple of plastic packaging companies owned by private investment firm Graham Partners are merging into a single entity.    More

Image

Asia continues driving sales for Engel

October 21, 2014 2:42 pm ET

The number seven seems to be special for European plastics machinery makers at the moment — injection press giant Engel Holding GmbH said Oct....    More

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security pay...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events