Kyodo recently surveyed some 150 major listed companies, of which 96 responded. The respondents include Canon, Toyota, KDDI, NEC, Kobe Steel and Mitsubishi Heavy Industries. Photo: EPA-EFE
Kyodo recently surveyed some 150 major listed companies, of which 96 responded. The respondents include Canon, Toyota, KDDI, NEC, Kobe Steel and Mitsubishi Heavy Industries. Photo: EPA-EFE

Almost half of Japan technology firms diversifying supply chains away from China, survey shows

  • Kyodo News survey shows 42 per cent said they have diversified or are considering diversifying their supply chains by moving to India and Southeast Asian countries
  • The move comes in response to rising US-China competition over technological supremacy and concerns about potential concentration of medical production

Kyodo recently surveyed some 150 major listed companies, of which 96 responded. The respondents include Canon, Toyota, KDDI, NEC, Kobe Steel and Mitsubishi Heavy Industries. Photo: EPA-EFE
Kyodo recently surveyed some 150 major listed companies, of which 96 responded. The respondents include Canon, Toyota, KDDI, NEC, Kobe Steel and Mitsubishi Heavy Industries. Photo: EPA-EFE
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