In order to gain global market competitiveness, Fuji Industrial Technology and Miyazu Manufacturing Co. (Headquarters: Oizumi-cho, Gunma, Japan) decided to merge operations. Although the key to the rise in the performance of the two companies is the growth of the significant Chinese market, after the merger, the development strategy for the new company to take off in the Chinese market is still unclear.
"The thinking of the Chinese market must be fully adjusted." When the reporter asked Fuji Industrial Technology Co., Ltd. chairman and head of the company about the Chinese market strategy, he got such an answer. What does the specific meaning of this sentence mean? In simple terms, it can be understood that since there is no way to win in pure cost competition, it is only in the areas that Chinese manufacturers cannot imitate to find a way out. For overseas manufacturing bases, Silk River said it will continue to strengthen existing factories in China and Indonesia. From the perspective of these publicly released contents, we cannot see a change in the management policy of “comprehensive adjustmentâ€.
Joint cooperation and acquisition did not take into consideration Outlook The entire mold industry can see that in the Chinese market, the “exclusive†frame of manufacturing at the company’s base has emerged, and the trend of “making full use of†local mold manufacturers is gaining ground. For example, the famous injection molding mold manufacturer, Japan's Chishang Mold Industry (headquarters: Kazoo City, Saitama Prefecture, Japan), is making the Chinese mold manufacturers of the company's choices networked, and accelerating the establishment of a system that can be purchased inexpensively and injection molded. This strategy is consistent with the willingness of mold users to purchase molds locally. In addition, some users even have the intention of using China as their global purchasing base for molds.
Of course, this is a phenomenon that appears in a different field than automotive stamping dies. In the long term, whether this is a correct strategy is still unknown. Although this is the case, users will no doubt want to purchase cheap molds. With the "exclusive" high-value-added route alone, Japanese stamping mold makers can break the last "to be forced to leave only the (difficult) body side skirting and fenders business" (Toshikawa Industrial Technology's Shikawa) Is it state? Although Shikawa said that “at present it does not consider jointly working with Chinese manufacturers and acquiring Chinese manufacturersâ€, it will take such measures sooner or later.
The merger of Fuji Industrial Technology and Miyazu Corporation will have a huge impact on other industries. The reason why this is said is because the reason for the Japanese company's corporate regeneration support organization to make a capital injection is "trying to conduct an industry restructuring model in a globally competitive industry."
A number of Japanese domestic manufacturers compete with each other for the shrinking Japanese domestic market. This pattern is not limited to automotive stamping dies and can be seen in many other industries. Under the background of increasingly globalized markets, and companies in developed countries and emerging market countries continue to be competitors, if the Japanese companies compete with each other, the foundation of Japanese manufacturing will be shaken, and this sense of crisis will contribute to this. Business merger background.
Through the mutual competition among Japanese companies, the overall manufacturing industry in Japan continues to grow. This era has existed before. However, in the modern era where globalization has achieved considerable growth, the effect of competition among Japanese companies has become limited, and it can even be said that its drawbacks have become increasingly prominent. In the future, if Japanese manufacturing companies want to exert their influence in the world, they will continue to see "reorganization" in many industries.
"The thinking of the Chinese market must be fully adjusted." When the reporter asked Fuji Industrial Technology Co., Ltd. chairman and head of the company about the Chinese market strategy, he got such an answer. What does the specific meaning of this sentence mean? In simple terms, it can be understood that since there is no way to win in pure cost competition, it is only in the areas that Chinese manufacturers cannot imitate to find a way out. For overseas manufacturing bases, Silk River said it will continue to strengthen existing factories in China and Indonesia. From the perspective of these publicly released contents, we cannot see a change in the management policy of “comprehensive adjustmentâ€.
Joint cooperation and acquisition did not take into consideration Outlook The entire mold industry can see that in the Chinese market, the “exclusive†frame of manufacturing at the company’s base has emerged, and the trend of “making full use of†local mold manufacturers is gaining ground. For example, the famous injection molding mold manufacturer, Japan's Chishang Mold Industry (headquarters: Kazoo City, Saitama Prefecture, Japan), is making the Chinese mold manufacturers of the company's choices networked, and accelerating the establishment of a system that can be purchased inexpensively and injection molded. This strategy is consistent with the willingness of mold users to purchase molds locally. In addition, some users even have the intention of using China as their global purchasing base for molds.
Of course, this is a phenomenon that appears in a different field than automotive stamping dies. In the long term, whether this is a correct strategy is still unknown. Although this is the case, users will no doubt want to purchase cheap molds. With the "exclusive" high-value-added route alone, Japanese stamping mold makers can break the last "to be forced to leave only the (difficult) body side skirting and fenders business" (Toshikawa Industrial Technology's Shikawa) Is it state? Although Shikawa said that “at present it does not consider jointly working with Chinese manufacturers and acquiring Chinese manufacturersâ€, it will take such measures sooner or later.
The merger of Fuji Industrial Technology and Miyazu Corporation will have a huge impact on other industries. The reason why this is said is because the reason for the Japanese company's corporate regeneration support organization to make a capital injection is "trying to conduct an industry restructuring model in a globally competitive industry."
A number of Japanese domestic manufacturers compete with each other for the shrinking Japanese domestic market. This pattern is not limited to automotive stamping dies and can be seen in many other industries. Under the background of increasingly globalized markets, and companies in developed countries and emerging market countries continue to be competitors, if the Japanese companies compete with each other, the foundation of Japanese manufacturing will be shaken, and this sense of crisis will contribute to this. Business merger background.
Through the mutual competition among Japanese companies, the overall manufacturing industry in Japan continues to grow. This era has existed before. However, in the modern era where globalization has achieved considerable growth, the effect of competition among Japanese companies has become limited, and it can even be said that its drawbacks have become increasingly prominent. In the future, if Japanese manufacturing companies want to exert their influence in the world, they will continue to see "reorganization" in many industries.
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