Employees work on the Honda Civic production line at a factory in Wuhan that the Japanese carmaker operates as a joint venture with China’s Dongfeng Motor Group. Japanese manufacturers are increasingly looking to move offshore operations back home, according to reports. Photo: AFP
Employees work on the Honda Civic production line at a factory in Wuhan that the Japanese carmaker operates as a joint venture with China’s Dongfeng Motor Group. Japanese manufacturers are increasingly looking to move offshore operations back home, according to reports. Photo: AFP
Japan

Japan manufacturers exit China, Southeast Asia to bring production back home

  • A rapidly weakening yen, supply-chain constraints, geopolitical risks and changing wage patterns are prompting the switch, a Japanese steel executive said
  • Even before the yen’s tumble this year, Japan’s government had been supporting relocation of domestic companies’ production bases back to the country

Employees work on the Honda Civic production line at a factory in Wuhan that the Japanese carmaker operates as a joint venture with China’s Dongfeng Motor Group. Japanese manufacturers are increasingly looking to move offshore operations back home, according to reports. Photo: AFP
Employees work on the Honda Civic production line at a factory in Wuhan that the Japanese carmaker operates as a joint venture with China’s Dongfeng Motor Group. Japanese manufacturers are increasingly looking to move offshore operations back home, according to reports. Photo: AFP
READ FULL ARTICLE