Sustainability has become an increasingly important issue in manufacturing, as the environmental impact of production processes has become more apparent. In Japan, sustainable manufacturing has been a priority for many years, as the country has faced significant environmental challenges due to its industrialization. Japan has a long history of technological innovation, and the country has used this expertise to develop […]
Industry Trends
Industrial Trends in Japan
Automation and Robotics in Japan
Japan has long been at the forefront of innovation in automation and robotics. The country’s aging population, labor shortages, and high costs have made it imperative for Japanese companies to find ways to streamline their operations and remain competitive. In this article, we’ll explore the history and current state of automation and robotics in Japan and its impact on the […]
Trends to Watch in Japan: The Future of Manufacturing
Japan has long been a leader in manufacturing, producing everything from cars to electronics to robotics. The country’s manufacturing sector has been a key driver of its economy, but the industry is also facing challenges from automation, globalization, and changing consumer preferences. In this post, we’ll explore some of the key trends to watch in Japan’s manufacturing sector and how […]
EU-Japan Trade Deal Lacks Digital Ambition
When the EU signed a free trade agreement with South Korea in 2010, it guaranteed protection against liability for Internet platforms – a key ingredient to maintaining Internet freedom. When the EU signed a free trade agreement with Japan last year, the guarantee against liability for Internet platforms was missing. Guarantees also were gone on the freedom of data flows […]
Japanese Regulation Paves the Way for Bitcoin Innovation
Japan has undoubtedly become one of the world’s leading bitcoin hubs in recent years. Through a combination of popular interest, major exchanges and regulation, the country has not only established itself as a cryptocurrency authority, but it has started to lead the way in terms of innovation. Indeed, since the Financial Services Agency gave its seal of approval to bitcoin […]
Setting Sights on Bright Cobot Future, Robot Leaders Join Forces
Collaborative robots can be the next big thing – and robot market leaders ABB and Kawasaki Heavy Industries are moving quickly to make that happen. Just a few days back, the two heavyweights announced in Tokyo a formal cooperation. Shortly after, also in Tokyo, ABB launched its latest YuMi collaborative robot at iRex International Robot Exhibition 2017. Also known as […]
Brexit: What Will Japanese Companies Do?
After invoking Article 50 on March 29, the United Kingdom is set to leave the European Union by March 2019. Yet with only 18 months to go and after a third failed round of negotiations, it looks increasingly possible that the parties may miss reaching a deal. Such a scenario is problematic for non-European multinationals, many of which steer their […]
JETRO Releases Global Trade and Investment Report 2017
Japan’s trade balance last year marked its first surplus in six years, according to the recently released Global Trade and Investment Report 2017 by the Japan External Trade Organization (JETRO). At the same time, the country’s outward FDI stood at record highs, while inward FDI from Asia to Japan continued to grow. Global trade declines 3.1%, downturn for two straight […]
Japanese Government Earmarks 46B Yen in Subsidies for SMEs
The Japanese Cabinet is setting aside 46 billion yen ($416 million) in planned subsidies for SMEs, small enterprises or other entities in fiscal 2017, according to the Ministry of Economy, Trade and Industry (METI). The subsidies are part of the government’s Small Business Innovation Research (SBIR) program and geared toward business activities based on R&D results. Subsidies for SMEs The […]
A Trade Deal for the 21st Century
On the eve of the G20 summit in Hamburg, the European Union and Japan reached a political understanding about a new comprehensive free trade agreement. During the EU-Japan Summit, Shinzo Abe, Japan’s prime minister, hailed the agreement as “the birth of the world’s largest, free, industrialized economic zone.” EU officials proclaimed it “the most important bilateral trade agreement ever concluded […]
Japanese Firms Invest in Tech-Startups
Japanese investors are now setting their eyes on developing countries, particularly India, for fledgling tech startups that have potential for growth. Currently, India’s economy is the seventh largest in the world measured by nominal GDP, and the third largest by purchasing power parity. Asuka Corporation, REAPRA Ventures, GREE Ventures, Mistletoe Capital, and Incubate Fund are just some of the Japan-based […]
Understanding the EU-Japan Free Trade Agreement
Underway since 2013, it looks as if trade negotiations are coming to a close toward an EU-Japan Free Trade Agreement (FTA), as the European Union calls it, or Economic Partnership Agreement (EPA), the term used by the Japanese side. This is important as together, the economies of Japan and Europe account for a third of global GDP. Moreover, the EU […]
China, Japan Strengthen Ties at Rubber Industry Forum in Tokyo
To make a point, most people are not aware what the rubber industry means for their daily lives. Namely, that they can’t live without it. The material, for example, drives personal mobility. Tires use up about 70 percent of global rubber production and car engines and other car parts another substantial amount. No rubber, no cars. Also no bicycles, airplanes […]
Internet of Things in Japan: Quietly, Systematically Plowing Ahead
Germany’s famed Plattform Industrie 4.0 initiative has become nothing less than a mainstay at seminars focusing on the future of manufacturing. The U.S. based Industrial Internet Consortium has been gathering momentum, too. Even China has prominently launched its Made in China 2025 initiative. Yet one of the world’s most important industrial powerhouses is apparently not much being talked about. One […]
The Japanese Way: Creative Conservation, Not Destruction
Japan fascinates with its coexistence of old, sometimes archaic companies and extremely modern high-tech. It is the result of a deliberate attempt to defy Schumpeter’s theory of destruction and creation – so far with success. Japan has a reputation of being one of the innovation and high-tech power houses of the world. It certainly deserves this image well. Hybrid cars, […]