Profiles of Nisshinbo and Toyobo

pages, published in Issue 98, Profiles of Nisshinbo and Toyobo
Report price: Euro 275.00; US $ 365.00

Nisshinbo Industries and Toyobo, two of Japan’s leading textile groups, are both working to reduce the relative importance of textiles operations in their revenue generation activities. This move reflects concerns over the cost structure within the two companies, and indeed in Japanese industry as a whole. Such concerns have been heightened by a decade of recession in Japan. Nonetheless, textiles operations continue to represent the two companies’ core businesses.

Both companies have been implementing cost-reduction measures. These include the winding-down of domestic production bases, or closing them outright, and accelerating the shift of labour-intensive manufacturing activities to lower cost overseas locations.

Both companies have also focused on the development and introduction of higher added-value textile products. And Toyobo has transformed itself from a general fibres and clothing company to a functional and industrial materials concern.

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