INDUSTRY TRENDS
Archive 2023
Fujifilm Aims to Triple Sales of Instant Camera "Instax" in 10 Years

Fujifilm will increase its instant camera "Instax" business sales by about 15% from the fiscal year ending March 2023 to 150 billion yen in the fiscal year ending March 2025...

Cosmetics Manufacturers Develop New Consumption Opportunities for Foreign Visitors to Japan

With the number of inbound tourists recovering, driven by the weak yen and other factors, cosmetics manufacturers are restarting their efforts to create related consumption...

Loading Computer Graphics Data with AI and Cutting Animation Production Time in Half

KaKa Creation Inc. (Tokyo), founded in June 2023, embarked on producing short animated films using artificial intelligence (AI)...

In November, Pocketalk Corporation will Launch an Online Service that Uses AI to Translate Conversations as Fast as Simultaneous Interpretation

A tablet or smartphone listens to the conversation and follows along to display the translated text on the screen...

Maruha Nichiro will Sell "cultured fish meat," Made by Culturing Fish Cells, Overseas in the Fiscal Year 2027

The company will establish a low-cost technology to produce fish paste products like kamaboko (fish cake) with a start-up company in Singapore...

Nichirei Fresh, a Subsidiary of Nichirei Corporation, has Begun Test Marketing Cholesterol-free Salmon Roe-like Products on the Internet

It is made from an ingredient called alginic acid found in seaweed and is said to be similar in taste and texture to natural salmon roe...

DAIZ will Increase the Production of Plant Meat Raw Materials

DAIZ Inc. (Kumamoto, Japan), a startup developing and producing soybean-derived "plant meat" ingredients, will double its annual production to 8,000 tons by 2025...

Shiseido Launches Beauty Supplement Business

Shiseido announced that it will enter the beauty-related supplements and beverages business in earnest. It is diversifying its business in anticipation of saturation in the domestic cosmetics market...

Air Water Inc. will Invest approximately 13.5 Billion Yen to Build a New Industrial Gas Plant in Eastern India

The plant will supply oxygen to SAIL, India's state-owned steel company, and is expected to start operations in October 2025...

Toyota Motor has Finalized its Plan to Increase the Global Production of the "Toyota Motor/Lexus" Brand to Approximately 10.2 Million Units in 2023

This is a 10% increase from 2022 and a significant break from the record high in 2019 (9.05 million units). The shortage of components such as in-vehicle semiconductors is easing...

In Mexico, Kaga Electronics will Build a New Assembly Plant for Electronic Devices for Automobiles and Air-conditioning Equipment

The total investment will be approximately 5 billion yen, and operations will begin in April 2024. Following the trend of manufacturers moving their manufacturing hubs from China to Mexico against U.S.-China friction...

PockeTalk has Signed a Business Alliance Agreement with Softbank

"PockeTalk" is a mobile translation terminal developed by the Japanese company PockeTalk. They plan to collaborate in creating the domestic corporate market and expanding global sales channels, and selling 1 million new units over the next three years...

Vending Machines are Evolving with Cutting-edge Technology

Ito En (green tea mega-brand) has begun a demonstration test using artificial intelligence (AI) to analyze users' facial expressions and suggest products that match their moods...

Iseki & Co., Ltd. will Make All Models for Europe Compatible with Biofuel by 2025

Iseki will make all its mowers and other agricultural machinery deployed in Europe biofuel-compatible by 2025. It aims to reduce environmental impact and expand its market share in Europe, where emission regulations are strict...

There is a Growing Trend among Major Chemical Companies to Make Plastic Raw Materials from Plant-derived Alcohol “Bioethanol"

Asahi Kasei will begin domestic production in the 10,000-20,000 ton scale by about 2027. Sumitomo Chemical also plans to start mass production around 2025. Amid domestic and international demands to reduce carbon dioxide (CO2) emissions...

The Rapid Decline in the 18-year-old Population will Bring a Surplus of Universities in the Future

The birthrate is declining faster than the educational community anticipated. The number of Japanese born in 2022 was 770,747, falling below 800,000 for the first time since statistics began...

Danish Company and Daikin will Use Renewable Fuels for Transportation

"Renewable Diesel (RD)," a renewable fuel made from waste cooking oil and other materials, is expanding. A.P. Moller - Maersk (Denmark), the world's second-largest container shipping company, has partnered with Daikin Industries to reduce carbon dioxide (CO2) emissions...

All Nippon Airways (ANA) and EL AL Israel Airlines of Israel have Agreed to Cooperate in Code-sharing (Joint operation) and Mileage Exchange

This agreement is the first overseas tie-up for a major Japanese airline after the new coronavirus. The two companies will soon sign and announce a partnership agreement, restarting in anticipation of a full-fledged recovery in mobile demand after COVID-19...

Microsoft (MS) will Open a Development Hub in the Field of "IoT" Technology and Artificial Intelligence (AI) in Kobe in the Summer of 2023

This hub is the first in Japan and the fourth in the world. In collaboration with a consortium of companies, including Kawasaki Heavy Industries and the City of Kobe...

Economic Losses Due to Hay fever, a Japanese "National Disease," may Exceed 380 Billion Yen

These figures became clear by private estimates. The government launched measures to curb health hazards and economic losses in May. The main focus will be to promote the cutting down and replanting of cedar trees that are the source of pollen...

ASKA Pharmaceutical Medical will Release a Kit in July that Can Test for Stress based on Hormone Levels Accumulated in Hair and Nails

It is easier to perform than blood or saliva test kits and can measure chronic conditions. The group aims to utilize its strength in hormone testing technology and adapt it for use in corporate welfare programs...

Cluster Inc. will Start a Contracted Development Business of Contents for the Metaverse Overseas

Cluster operates the virtual space "Metaverse" and raised 5.2 billion yen in a capital increase through third-party allotment with SPARX Asset Management and others as underwriters, to be used for human resources recruitment and advertising...

MatsukiyoCocokara & Co. is Expanding its Advertising Platform Business called "Retail Media."

The company receives advertising fees from clients to promote its products on its e-commerce (EC) sites and apps. It is unique in that it uses accumulated data on consumer purchases...

Samsung Electronics Korea will establish a new semiconductor development hub in Japan

The company will invest over 30 billion yen to build a prototype line for advanced semiconductor devices in Yokohama. It is also coordinating to utilize Japanese government subsidies and will promote joint research with Japanese material and manufacturing equipment manufacturers...

Imported Whale Meat will be Distributed in the Domestic Market for the First Time in Four Years

In Japan, commercial whaling resumed in 2019, but there are restrictions on the hunt, and the supply is unstable. Kyodo Vessel (Tokyo), a whaling company, sells whale meat imported from Iceland. It seeks to reopen markets that have shrunk over the years due to supply constraints...

Through its subsidiary Orbis, Pola Orbis Holdings will Begin to Develop Unattended Cosmetics Stores

An online counseling section will also be available for visitors to the shop. It aims to respond to the shortage of beauty department staff by opening new stores and renovating existing stores and aims to have up to 15 stores in three years...

Hiroshima University and Kewpie have Developed Eggs that do not Contain Specific Proteins that Cause Food Allergies

Hiroshima University and Kewpie utilized genome (complete genetic information) editing technology to alter genes. When heated, it has almost no allergens and may be eaten by people with egg allergies...

FamilyMart and Don Quijote Will jointly Use their own Customer Data Starting in May

The data will amount to over 30 million customers, making it one of the largest in the country. The plan is to analyze consumer behavior after anonymization so that coupons and other sales promotion activities can be accurately launched....

Colowide, a Major Restaurant Operator, Will Increase its International Openings

By the fiscal year ending March 2030, Colowide will increase the number of directly managed stores to 700, five times the number at the end of March 2023...

Five Companies Have Been Unofficially Selected as Operators of "Flying Cars" Aiming for Commercialization at the Osaka-Kansai Japan Expo 2025

Flying cars will be a near-future means of transportation in urban areas, and their development and commercialization are spreading worldwide...

Meiji Entered the Chinese Market with their Soy Protein

Meiji is developing the "Zavas" series of powdered soy protein in Japan, but it has entered the Chinese market this time...

New Innovations Will Sell Artificial Intelligence (AI)-based Commercial Robots to 100,000 Stores

New Innovations (Tokyo), a developer of artificial intelligence (AI)-based commercial robots, will launch an automated cooking robot for restaurant chains by the end of 2023...

The Japanese Government Will Make the Osaka-Kansai Japan Expo Held in 2025 an All-Cashless Means of Payment

Twenty-eight million people will visit the Expo. Cash payment will not be available at the venue of Osaka-Kansai Japan Expo, only credit cards, transportation IC cards, and QR codes...

The Export Value of Agricultural Products in 2020 Increased by 50%

On January 6, the Ministry of Agriculture, Forestry and Fisheries (MAFF) announced that the export value of agricultural, forestry, fisheries and food products in 2022 reached 1243.3 billion yen by November...

Daikin Industries to Start Mass Production of New Refrigerant for Use in EV Air Conditioners

The investment will be several billion yen, and the plant will be operational and begin sample production in 2024. Air conditioning accounts for a large proportion of EV power consumption...

The Number of M&A Related to Japanese Companies in January-December 2022 Reached a Record High of 4,304

In addition to an increase in the number of acquisitions of Japanese companies by domestic and foreign investment companies, the number of business successions also grew. On the other hand, the number of M&A cases worldwide is declining ...

Conveyor-belt Sushi Companies are Focusing More on Opening New Stores Overseas

The company that operates "Sushiro" will open up to 60 stores overseas in 2023, more than double the number of stores it has opened in Japan. In some countries, the COVID-19 pandemic has begun to subside, and restaurant visits are recovering as curfew restrictions are eased...