AGP Executive Report
Last update: 7 hours agoManufacturing: Japan’s factory PMI eased to 53.3 in October from 54.1, marking its slowest expansion in seven months as output, orders and export growth cooled and costs rose. Semiconductor and AI demand remained supports. Materials: Ehime’s Kihoku is building a ¥4.26 billion plant to mass-produce cedar-based modified lignin, seeking to develop local industry and reduce reliance on uncertain naphtha supplies. Transport Infrastructure: Narita plans to combine its three terminals into one in the 2030s, alongside runway upgrades aimed at lifting annual flight movements to 500,000 and improving transfers. Workforce and Supply Chains: Japan is opening 18 industries to foreign skilled workers. Chipmakers are also deepening links: SK hynix held its first Japan partners’ event, while Samsung’s chief visited a Japanese packaging lab as AI-chip demand drives collaboration. AI Investment: Murata plans to invest $6.3 billion in capacitor production over five years, targeting rising demand from AI.
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