According to the report of the "Nihon Keizai Shimbun" on the 16th, the inventory of major Japanese manufacturing companies is increasing significantly. In November last year, inventories increased by 8% year-on-year, the highest since March 1998.

Data show that from July to September last year, Japan’s large-scale manufacturing inventory investment increased by 1.2 times year-on-year, plus seasonal reasons. The three-month inventory investment amounted to 2.7 trillion yen, the highest level since 1980.

The reason for the surge in Japanese companies’ inventory is due to the slowdown of the world economy, the appreciation of the yen, and the stagnation of exports. In the past, companies would try to reduce production and reduce inventory. However, after the Great East Japan Earthquake and the Thai flood, Japanese companies accepted the lessons of insufficient supply of parts and caused a significant reduction in production in the automobile and other industries and chose to maintain appropriate inventory. For example, Toyota's famous real-time production management model has changed. Try to increase the inventory of some raw materials and parts.

Slewing Controller

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