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- October 21, 2019

Releasing the result of survey about the possession term of production facilities

Japan Machinery Federation (JMF) released the result of survey about the possession term of production facilities on June 28, 2019. The survey was conducted in 1994 and 2013, and this was the third time. The survey items include the poss...

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- October 9, 2019

Sodick establishes TC in UK and further strengthens European business

Sodick announced on July 24, 2019 that the affiliated sales corporation called Sodick Europe established a new Tech Center (TC) in the UK. The total investment amount is about 1 billion yen and the TC is located on Warwick, West Midlands. ...

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- October 7, 2019

DMG MORI increased sales and profits, but orders are currently sluggish

DMG MORI announced the financial results of the second quarter of December 2019 at the head office in Nakamura-ku, Nagoya and global headquarters in Koto-ku, Tokyo on August 6, 2019. The sale was 238.646 billion yen, increased by 1.4% ye...

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- September 25, 2019

Enhancing production efficiency of semiconductor products by labor saving and automation

Hamamatsu Photonics announced on June 20, 2019 that it would construct a new factory in Shingai Factory in Hamamatsu, Shizuoka prefecture. The investment amount is about 6.5 billion yen and the total floor space is about 15,000 square meter...

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- September 23, 2019

The presence of machine tool stands out in the group companies

The presence of CITIZEN MACHINERY is gaining in Citizen Watch group companies. Citizen Watch group companies announced the financial statements on July 4, 2019. Citizen Watch group changed the position of the machine tool business to the se...

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- September 20, 2019

JTEKT will acquire all shares of auto parts manufacturer from Toyota Motor

JTEKT started to consider acquiring all the shares of Yutaka Seimitsu Kogyo, an automobile drive parts manufacturer, from Toyota Motor on July 10, 2019. Yutaka Seimitsu Kogyo is now a wholly owned subsidiary of Toyota Motor. Toyota Motor wi...

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- September 18, 2019

DMG MORI aims to achieve annual sales of 1 trillion yen around 2030 (2/2)

DMG MORI held the Iga Innovation Day 2019, open house, for five days from July 9 to 13, 2019. The company launched a compact vertical machining center (MC) "DMP70" with a table size of 840×420mm as a new model. The company proposed the a...

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- September 16, 2019

DMG MORI aims to achieve annual sales of 1 trillion yen around 2030 (1/2)

DMG MORI established a global parts center (PC) in Iga campus, the company's main manufacturing base on July 9, 2019. President Dr. Masahiko Mori said at the opening ceremony, “the sales will reach nearly 1 trillion yen by 2030." The latest...