CORPORATE JAPAN AFTER THE EARTHQUAKE The Chuken Kigyo: Invisible - - PowerPoint PPT Presentation
CORPORATE JAPAN AFTER THE EARTHQUAKE The Chuken Kigyo: Invisible Invincible? May 3 rd 2011, Daiwa Foundation/APTN Alex Stewart May 3rd 2011 Alexander Capital Access Ltd 1 What Future, Japan. Is the economic model flawed Is
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Alex Stewart
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“Japan’s chuken kigyo is not simply a part of the national economy, but the core of its industrial structure. It enables the country’s bigger, well known electronics firms to exist, as well as meeting foreigners essential needs.”
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Parts and Materials
(intermediate goods) Transport and logistics services
Human resources, Technologies, Knowledge, Capital Production machinery (capital
goods) Mass Production (advanced technology)
Brand Integrators
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Top mkt share for polarising film Nitto Denko LCD film 60% for bearings in spindle motors NTN Corp Bearings 80% for PVA optical film Kuraray LCD film 33% for conductive polymer type Nichicon Capacitor Capacitors 50% for LED and semicon Towa Corp Moulding equipment Top mkt share for micro titanium dioxide Tayca Corp Titanium Dioxide Top mkt share for nicketlmetal hydride Tanaka Chemical Cathode materials for Li On batteries
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Over 60% for LCD projectors Isuzu Glass Lens arrays 50% laser equipment for Li-on batteries Taiyo Industrial Flexible PCBs 40% for battery terminals Fuji Springs Aluminium cases 80% for motor hubs for hard disk drives Nippon Super Industry HDD motor components 40% for lead terminals Kohoku Kogyo Electrolytic capacitors 60% thin film electronics Susumu Co Thin Film Electronic Components 80% for raw material used in resins Wakayama Seika Resins for PCB boards
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0.8bn 2.6bn 4.1bn 4.1bn 4.5bn 8.3bn Sales (Stg) March 2010 Employees (overseas) Keyword Company
5,100
Measurement equipment Horiba
21,000 (15,000)
LSIs Rohm
36,000 (25,000)
Relays, Parts Omron
34,000 (12,000)
Piezoelectric capacitors Murata
33,000
Motors, Spindle drives Nidec
67,000 (42,000)
Components Kyocera
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Source: Nitto Denko Web Site
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30% Automobile microcontroller Renesas Electronics 45% Thin film for LCDs JX Nippon Mining and Metals 60% Alum substrates for HDDs Kobe Steel 90% Ultra thin electrolytic copper foil Mitsui Mining & Smelting 80% Critical electronic resin - Bismaleimide triazine Mitsubishi Chemical 70% + Polymer lithium ion component Kureha 35% NAND Flash memories Toshiba
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