This website uses cookies to ensure you have the best experience. Learn more

Japan Economy And Textile Industry Essay

1849 words - 7 pages

JAPANI.IntroductionGeneral Business EnvironmentJapan imports large amount of textiles and clothing products and this trend has increased over the long term. Japan has no experience of using safeguard measures pursuant to MFA (Multi-lateral Fiber Agreement) and ATC (Agreement on Textiles and Clothing).The recent situation in the Japanese textile and clothing industry is characterized by the fact that imports, most of which are apparel and clothing products, have been expanding more rapidly since 1999. Imports recorded high growth of 14% in 1999, and 15% in 2000. In 2001, imports still increased 1.9% compared with the previous year.The import penetration rate of all textiles and clothing products has risen almost constantly, and reached 67.4% in 2001.Due to this sharp increase in imports, the production of the domestic textile and clothing industry has declined greatly. At the same time, the numbers of employees and corporations have also decreased.Reference 1: Trends in Exports, Imports and Import Penetration Rate for Textiles and Clothing Products (Unit: thousand tons)@ @ @ @ @ @ @ @ @Exports @ @ @ @ @Imports1998 @ @ @ @ @ @ @458 1,4221999 476 1,6272000 489 1,8692011 482 1,904Reference 2: Import Penetration Rate1998 55.4%1999 60.2%200064.6%200167.4%Note: In calculating the Import Penetration Rate, the product volume is converted into weight of fiber.Reference 3: Trends in Internal Production of Textiles and Clothing(1995= 100)1998 1999 2000 2001Index of Production 84.9 79.6 75.2 68.9The Role and Position of the Textile and Clothing Sector in the Japanese EconomyThe textile and clothing industry is one of the key industries in Japan. Employment in the textile and clothing industry in Japan accounts for 7% of total manufacturing employment. The textile and clothing sector, including manufacturing, wholesale and retail, creates 1.83 million jobs.High localization is a characteristic of this industry. About 160 textiles and clothing production areas exist in Japan.While the textile and clothing industry sustains the development of local economies by creating employment, it is easily affected by economic fluctuations because of the characteristics of SMEs, including the small number of employees per establishment.Japan's imports of textiles and clothing products exceeded exports in 1987, and have been increasing steadily against a backdrop of rapid growth in the textile and clothing industry in Asian economies and the sharp rise in the value of the yen after the Plaza Accord.Reference: Current Situation in Japanese Textile and Clothing Manufacturing (2000)Sum of shipments \ 7,600 billion (2.5% of all manufacturing)Number of establishments 80,000 (13.6% of all manufacturing)Number of employees 680,000 ( 7.0% of all manufacturing)Number of Employees in the Wholesale and Retail Sector (1999) 1.15 millionNumber of Employees per Establishment (2000)All manufacturing 16.4Manufacturing of textile mill products 6.6Manufacturing of apparel and other finished...

Find Another Essay On Japan economy and textile industry

Weaknesses, Threats and Issues of Pakistan Textile Industry

3348 words - 13 pages proves to be a significant burden on the economy. Also most of the machineries which have been previously imported have become obsolete or in the process of becoming obsolete and there is a continuous need for upgradation.•Unskilled workers still used in the capital intensive part of the industry which leads to greater efficiency and lower productivity. Designing and training institutes have been established by the government and textile

Import Competition and Efficiency in Indonesia’s Textile and Apparel Industry: A Threshold Autoregressive Model

1831 words - 7 pages 4. Results and discussion 4A. DEA results DEA generates annual mean score of both technical efficiency and scale efficiency for the two industries. The highest annual mean score of technical efficiency for textile industry is 0.743 which was achieved in 1980 and the lowest one is 0.413 which occurred in 1984. The highest annual mean score of scale efficiency for this industry is 0.857 (1980) while the lowest score is 0.093 (2009). Standard

China, Japan, Southeast Asia and the Global Economy

2460 words - 10 pages To properly consider the impact of integrating with the global economy on China, Japan, India and Southeast Asia, it is useful to first define the global economy. When did it come into being? Frank (1998) posits that a global economy had existed since the start of the thirteenth century. Although financial flows were limited, there was a burgeoning exchange of commodities between Asian and European economies. Of the Asian economies, China and

Working Capital Efficiency: A Comparison of Pakistani Cement and Textile Industry

2129 words - 9 pages Abstract The objective of this paper is to compare working capital efficiency of Cement and Textile Industry of Pakistan for the period of 2001-2008. Working capital efficiency is measured by using three index values i.e. performance index (PI), utilization index (UI) and efficiency index (EI). In second part EBIT is associated with working capital variables i.e. account receivable in days (AR), account payable in days (AP), inventory in

Cultural Comparison of Australia and Japan using the Automobile industry

2031 words - 8 pages organizational culture are Nationality, Employee demographics, Structure and control system of the firm & industry and market factors (Hodgetts, 2006). The cultural difference between Japan and Australia thus will be discussed. After the points of conflict have been identified and the report concluded, a set of recommendations will follow.Australian and Japanese Cultures - An analysisJapanese has its own unique culture which has been a source of national

Economy, Finance, Industry and Trade in Northern Ireland

966 words - 4 pages Northern Economy, Finance, Industry and Trade*Ireland is currently enjoying a period of economic growth, with output and employment rising and unemployment falling.*Gross Domestic Product (GDP) is defined as the sum of all incomes earned from productive activity. GDP per head is taken to be a good indication of a region's relative prosperity and since 1989, GDP per head in Northern Ireland increased almost by 58%. This compares with a 49.9

Japan Assignment- reasons for strong Japanese economy, what problems Japan must overcome for Industial growth to be achieved and what problems has industrial growth caused

1061 words - 4 pages 1) Why does Japan have a strong economy?From around the middle of the 1970's, Japan began to develop extra trades as exports exceeded imports. Japan is split up into 4 islands- Kyushu, Shikoku, Honshu and Hokkaido. Most of the trade occurs in the island of Honshu, Kobe is in this island. Kobe is one of Japan's biggest steel makers and handles more than 12% of Japan's exports. Japan spends around $2900 on imports from a variety of different

A comparison of the automotive industry in China and Japan and the impact on habitat and environment

2404 words - 10 pages in China and Japan and the impact on habitat and environmentIntroductionThe global economy has increased with high speed in this century and the automotive industry is an important symbol of world development. North America, Europe and Japan have taken the majority of production and consumption of automobiles. The most considerable problems include the performance, safety, comfort, and low pollution to the environment in this industry. Since

How successful was Japan in establishing a new style of economy, government and armed forces in the period of the Meiji Emperor (1868-1912)?

2749 words - 11 pages The emperors under the Tokugawa (1603-1868) shogun lived under palace arrest in Kyoto while the Tokugawa themselves had their bakufu or military headquarters in Edo. The Emperor, a direct descendent of the Sun god appointed the shogun's who had the Mandate of Heaven to protect and rule over the Japanese. The Tokugawa shoguns ruled over Japan for nearly 250 years, in a somewhat peaceful reign. However following the expedition led by Commodore

Geography: The Islamic Republic of Pakistan

1626 words - 7 pages 2012, according by the finance ministry, the textile industry itself constituted about 4% of the total size of the economy. All Pakistan Textile Mills Association (APTMA) determines the rules and regulations in the Pakistan textile industry.APTMA is the premier national trade association of the textile spinning, weaving and composite mills.APTMA represents 391 textile mills out of which 309 are spinning, 45 weaving and 37 composite units

Impact of GSP Plus Status on Pakiston's Economy

820 words - 4 pages billion) each year. Experts saying GSP PLUS status will help to boost the economy of the country. Pakistan’s textile industry would get profit of one billion per year and employment opportunities will be provided to about one million people of the country per year due to GSP PLUS Status. Critics also say that these benefits can’s be avail if the problems faced by textile industry of Pakistan will not be resolved. Further government needs to formulate

Similar Essays

Energy Industry And Japan´S Economy Essay

1400 words - 6 pages How Energy Industry affect Japan’s Economy Introduction The topic for my competitiveness report is how the energy industry affects Japan’s economy. I chose Japan as my target country because I have studied Japanese for almost nine years already, and I am seeking job opportunities in Japan. In addition, understanding the advantages and disadvantages of the Japanese business environment can help eliminate unnecessary cultural conflicts, and

Textile Industry Trends In The Global Economy

3136 words - 13 pages Textile Industry Trends in the Global Economy I. Executive Summary The objective of this paper is to examine how the development of a textile industry contributes to economic growth in the global economy. Because textile manufacturing is a labor-intensive industry, developing countries are able to utilize their labor surplus to enter the market and begin the process of building an industrial economy. Emerging economies then look

Japan And Automobile Industry Essay

6900 words - 28 pages was reduced unemployment and a rise in the sentiments of the consumers. Japan's economy had started to recover and grow with factors such as stability in the macroeconomic environment and a robust external demand. By 2005, The GDP for Japan was growing at 2.6% (much more than the U.S.'s growth rate). By abolishing the zero-interest policy, the Japanese bank contributed to the growth of the economy.In an economic outlook report published in

Trade Restrictions And Hong Kong's Textile And Clothing Industry

3324 words - 13 pages increased their exports. As a result, the textile industry of the US demanded stricter arrangements to protect their indus-tries.1.2 The Multifibre Arrangement (MFA)Bilateral agreements were signed, mainly between the US and Japan, Hong Kong or Korea, concluded by negotiating the Multifibre Arrangement in 1974 concerning the export of tex-tiles made of cotton, wool and man-made fibre. The MFA was quantity oriented, it required a quota growth