Affected by the continued appreciation of the yen, Japanese CNC cutter manufacturers are forced to strengthen their overseas production mechanisms and optimize production around the world. The internationally renowned Yamazaki Mazak Company stopped the domestic production of some small and medium-sized CNC cutting machines, and changed the way it was produced by the US branch and re-imported to Japan to increase profitability. Yamazaki Mazak also said that depending on future exchange rate changes, it will further expand the types of imported CNC cutting machines and diversify exchange rate risks. The appreciation of the yen has affected the competitiveness of Japanese CNC cutting machine manufacturers overseas. Japanese companies that have transferred their production bases to Asia have purchased Chinese and Taiwan CNC cutting machines that are 2-5 percent cheaper than those made in Japan. Taiwan’s CNC cutting machine company Taitung Precision Machinery is expected to achieve sales of 500 million yen in 2011, compared with 8 times last year. China’s plastic molding machine company Haitian International’s daily sales in April-August 2011 increased year-on-year. 5 times, it is expected to sell 120 machines this year. In order to adapt to this change, Japanese CNC cutting machine manufacturers are forced to strengthen production and sales overseas, especially in Asia. Makino milling machine, OKK, and Fenghe Industries respectively started production in Singapore, Thailand and China to expand production capacity. According to another report, due to China's financial austerity policy, China's order for CNC cutting machines in Japan decreased by 10.1% year-on-year in August, and it decreased for the first time in 23 months. Traction And Deflector Shave,Traction Shave,Deflector Shave,Deflector Shave For Sale MAURER TECHNOLOGIES CO., LTD. , https://www.maurer-elevator.com
Analysis of the Influence of Yen Appreciation on CNC Cutting Machine Tools
Abstract Affected by the continued appreciation of the yen, Japanese CNC cutter manufacturers are forced to strengthen their overseas production mechanisms and optimize production around the world. The internationally renowned Yamazaki Mazak Company stopped the domestic production of some small and medium-sized CNC cutting machines, and changed it to the US branch to produce and re-import...