2008 Japanese Leather Manufacturing Equipment Investment Increased By 25%

In July 28th, the Ministry of economy and industry of Japan announced the results of the 2008 annual equipment investment plan survey.

The survey shows that the equipment investment plan of large enterprises has increased by 9.2% over the previous year, and after another 5 years, it is below 10% again.

The total investment in equipment in the textile industry amounted to 52 billion 810 million yen, an increase of 14.7%.

From the perspective of industry distribution, the investment of equipment in the textile industry has increased 2.93 times than that in the previous year, the dyeing and finishing industry has increased by 59.1% compared with the previous year, the chemical fiber production industry has increased by 13.3%, while the garment production industry has decreased by 50.5%.

It can be seen that although the equipment investment in textile industry has maintained a relatively high growth rate, the gap between industries is very obvious.

From the investment purpose, the proportion of equipment pformation and maintenance is relatively high, and the equipment investment in dyeing and finishing industry is mainly used in environmental protection.

Specifically, textile machinery and leather manufacturing equipment increased by 26.2% and 25% respectively.

In addition, the total investment in retail industry closely related to textile and apparel is 393 billion 600 million yen, an increase of 5.9% over the previous year.

From the point of view of investment, investment in the renovation of shops still accounts for more than 55% of the total.

Obviously, research and development and environmental protection are obvious. Retail investment in research and development is only 0.1% of the total, but the increase is 4.47 times. The increase in investment for environmental protection has also reached 52.4%.