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

Louisiana molder expands into former Yoo-hoo bottling plant

October 31, 2014 1:51 pm ET

Noble Plastics Inc. plans to expand its manufacturing capabilities with the purchase of a former Yoo-hoo bottling plant in Opelousas, La., eight...    More

Image

Arburg inks training pact with Taiwan's Ming Chi University

October 31, 2014 2:24 pm ET

German injection molding press maker Arburg GmbH + Co. KG announced this week that it has inked a cooperative deal with Taiwan's Ming Chi University...    More

Image

Hong Kong injection molding equipment maker enters US market

October 31, 2014 1:39 pm ET

Hong Kong-based L.K. Technology Holdings Ltd. is entering the North American plastics processing market with a line of its eXcel injection molding...    More

Image

Packaging veteran Piercy takes over at R&B

October 31, 2014 12:30 pm ET

R&B Plastics Machinery LLC, which makes blow molding machines and single-screw extruders in Saline, has named 21-year packaging veteran Fred Piercy...    More

Image

Magna opens new exterior facility, plans for lighting investment

October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township, Mic...    More

Market Reports

Pipe, Profile & Tubing Extrusion Market Trends

This report provides in-depth analysis of current trends, statistics and innovations in product design and production impacting the PP&T industry in North America.

Learn more

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events