Japanese Shoe Makers Will Set Up Factories In Southeast Asia

According to Japanese news from Kobe, HIRAKI, a shoe maker in the city, is studying a new production base in Southeast Asia.

At present, the company's products are basically produced in China, but because of recent inflation in China, labor and raw materials prices are rising. It is difficult to maintain low price advantage.

In addition, due to the instability of China's electricity supply and other reasons, the company began to investigate in Burma and other places, hoping to further reduce production costs.

According to introducing, at present, almost all products of the company are produced in China.

Local workers' wages and raw material costs continue to rise, but at present, the cost of imports has been reduced due to the appreciation of the yen, and the price remains low.

Coupled with the upgrading of China's domestic living standards and the impact of sustained high temperatures, electricity is in short supply for a long time.

The company's Chinese foundries also frequent blackouts, resulting in inefficient production.

Therefore, the company began to focus on Southeast Asia and explore new bases.

It is reported that the investigation has begun in several countries such as Burma and Bangladesh.

Nahata Dachiya, the company's chief executive, said that because China still has advantages such as Japan, it will adopt separate production plans.