![]() Your product is exclusively for fuel injection components, which are based on combustion engines. We entered the automotive industry and now we're experiencing a third setback, which is the transition towards EVs in the automotive industry. Over the years, we experienced two major setbacks firstly, in the 1980s, when watch production shifted overseas and then in 2001, when the IT division was shut down. ![]() In 2001, the IT division was officially closed. In 1985, our sales were 70% from IT, 25% from watch parts and 5% from automotive. In the 1980s, we diversified into the IT sector because the production and assembly of watch parts shifted overseas, and to compensate for the losses, we entered a new market. We haven’t had any business in IT (information technology) or transport communication since 2001. Japan has copied and learned from other countries however, I think the national characteristics of Japanese people, who like to pursue the improvement of products through the Kaizen philosophy, helped them acquire the knowledge for ultrafine processing technology.Ĭan you tell us which is currently your best-selling product and which fields are you looking to expand into?Ĭurrently, the ratio of our sales is 98% automotive, with 2%, or even 1%, from watch parts. Why has Japan succeeded where, for example, Taiwan, China and Korea have failed in the micro-precision sector? ![]() The manufacture of watch parts has now become applicable to automotive parts manufacturing. The only companies that can make such fuel injector components are German, Swiss and Japanese, and they all originated from wristwatch manufacturing. The ultrafine processing that we have engaged in through the production of watch parts has led us to orifice manufacturing for fuel injectors, which often involves slanted holes. On the design drawings of watch parts, 1 means 0.01 of a millimeter, or 10 micrometers, so very detailed precision work is required to create features such as small holes and springs. Our company was founded as a manufacturer of watch parts. But as I said, we have to shift our mindset to make products more friendly towards the environment.Ĭan you give us your thoughts as to why Japanese companies are succeeding in niche fields and creating dominant market shares worldwide? The tradition of Japanese monozukuri includes kaizen, the improvement philosophy, and is a pursuit for efficiency. However, it's now somewhat damaging to the environment, and we have to shift our mindset so that production is more environmentally friendly. The manufacturing of products is about contributing to the wellbeing and prosperity of humans. As a manufacturer of precision parts, can you give us your take on monozukuri? The famous Japanese manufacturing spirit, or monozukuri, is traditionally about the kaizen philosophy, which emphasizes constant improvement in all aspects of production, but nowadays, it's also about responding to global market demands.
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