Japanese machine tool makers boost productivity in response to European competition

According to foreign media reports, due to the depreciation of the euro, European machine tool manufacturers took advantage of this opportunity to increase their ordering efforts in the international market, which had a certain impact on the Japanese machine tool industry, and the competition between Japan and Europe intensified. In order to compete with European companies, Japanese machine tool manufacturers have stepped up to update production equipment and increase production workshops in order to improve production efficiency and enhance international competitiveness. It is reported that Tsugami Precision Machine Tool Co., Ltd., a major Japanese machine tool manufacturer, plans to invest 1 billion yen in February to upgrade basic production equipment, increase production capacity by 2 times, and double the area of u200bu200bNiigata factory from the current 6,400 square meters. Machine tool assembly efficiency. OKUMA plans to invest 7 billion yen to build a new workshop with new equipment in the Aichi prefecture head office to further improve production efficiency. And Mori Seiki invested 8 billion yen to set up a machine tool parts processing and assembly plant in Mie Prefecture, which will be operational in February and is expected to increase production capacity by 20%. Data show that in 2011, the total orders of Japan's machine tool industry were 1,326.1 billion yen, a year-on-year increase of 35.5%, of which overseas orders accounted for 68.2%, with a total of 904.5 billion yen, a year-on-year increase of 34.8%. , orders from Asia accounted for 56% of overseas orders. China has become Japan's largest overseas market, with orders amounting to 327.8 billion yen, a year-on-year increase of 29.6%, followed by India and Thailand.