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

Spain's ITC Packaging acquires Coveris rigids plant

July 31, 2014 9:59 am ET

International packaging group Coveris Holdings has sold its Spanish business Coveris Rigid Spain, including an injection molding plant, to the...    More

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Tessy investing $10 million in new plant, infrastructure

July 30, 2014 4:57 pm ET

Tessy Plastics Corp. continues to buy factory buildings in upstate New York — acquiring a 112,000-square-foot former Honeywell building in...    More

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the co...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events