JULYASIA BUSINESS OUTLOOK19Manufacturers in Japan Revolutionizing the Nuts & Bolts IndustryManufacturing in Japan: Japan's manufacturing industry is the driving force that has supported the Japanese economy to the extent that it became the third-largest economy in terms of GDP and is known as one of the Manufacturing Superpowers. Japan's major export industries include automobiles, consumer electronics, computers, and semiconductors, copper, and iron and steel. Additional key industries in Japan's economy are petrochemicals, pharmaceuticals, bio-industry, shipbuilding, aerospace, textiles, and processed foods.Sports equipment manufacturers in Japan: Sports equipment manufacturers in Japan play a major role in fostering physical activity, intensifying athletic performance, and bestow the sports industry. They help create high-quality gear that athletes rely on for training and competitions. These manufacturers also contribute to the economy, provide job opportunities, and stimulate innovation in materials and design. Additionally, they help build the esteem of Japanese craftsmanship and technology in the global sports market. Industrial Fasteners Manufacturers in Japan: Industrial fasteners manufacturers in Japan refer to high-quality fasteners that are used in a variety of applications, ranging from the automobile industry to maritime and construction projects. Industrial fasteners find applications in almost all types of industries. They are hardware devices that join either 2 or even more objects together. Some of the largest industrial fastener manufacturers in India produce them to serve their global clientele. Industrial fasteners have both permanent and semi-permanent applications. Permanent applications include assemblies that need permanent joints. And, semi-permanent applications are where an object needs flexibility in the joints. Industry Fastener manufacturers use casting, milling, injection molding, and many other manufacturing processes to fabricate fastening technology for buyers.Revenue: The Japanese fastener industry is comprised of approximately 3,000 manufacturers that produce a total of approximately 1 trillion yen worth of fasteners annually and approximately 400 distributers and trading companies that generate a total of approximately 450 billion yen in annual revenue. Asia Business Outlook magazine provide insights on diverse industries and markets in Asia. In this issue, the magazine spotlights `Top 10 Most Promising Manufacturers in Japan ­ 2023' who have made their signature in the world market through their expertise and innovations. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products and services.2023MOST PROMISINGMANUFACTURERS IN JAPAN
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