Japanese CNC cutting machine manufacturing strengthens overseas production capacity

Affected by the continued appreciation of the yen, Japanese CNC cutting machine manufacturers are forced to strengthen overseas production mechanisms and optimize production around the world. The internationally renowned Yamazaki Mazak Company stopped the domestic production of some small and medium-sized CNC cutting machines, and switched to the method of producing and re-importing to Japan by the American branch to improve profitability. Yamazaki Mazak also said that depending on future exchange rate changes, the types of imported CNC cutting machines will be further expanded to diversify exchange rate risks. The appreciation of the yen has affected the competitiveness of Japanese CNC cutting machine manufacturers overseas. Japanese companies that have transferred their production bases to Asia have purchased CNC cutting machines from China and Taiwan that are 2-50% cheaper than those made in Japan. It is expected that Taiwan's CNC cutting machine company Taitung Precision Machinery's daily sales in 2011 will reach 500 million yen, which is 8 times that of last year; Chinese plastic molding machine company Haitian International's sales in Japan from April to August 2011 increased year-on-year. 5 times, this year is expected to sell 120 machines. In order to adapt to this change, Japanese CNC cutting machine manufacturers have been forced to strengthen their production and sales overseas, especially in Asia. Makino Milling Machines, OKK, Fenghe Industry, respectively, started production in Singapore, Thailand and China to expand their production capacity. According to another report, affected by China's financial tightening policy, China's orders for CNC cutting machines from Japan decreased by 10.1% year-on-year in August, the first decrease in 23 months.