Japan’s cement industry sees light at the end of the tunnel

1 Development of TSE Index and Urban land price, 1986 = 100 ADBI
2 Development of construction investment ADBI
3 Development of the building starts e-stat.go.jp
4 Development of new housing starts e-stat.go.jp
5 Construction materials in housing starts e-stat.go.jp
6 Domestic cement consumption JCA, OneStone Research
7 Cement and clinker exports JCA, OneStone Research
8 Largest cement sales regions, 2013 JCA
9 Development of volume of sales by region JCA
10 Development of clinker capacity JCA, OneStone Research
11 Ofunato cement plant Taiheiyo Cement Corp.
12 Kiln lines at Kyushu Cement Mitsubishi Materials Corporation
13 Gifu cement plant Sumitomo Osaka Cement Corp.
14 870 dwt cement selfunlaoder of Taiheiyo MacGregor
15 Tokyo Tama Ecocement plant Iwate University
Kyushu cement plant Mitsubishi Materials Corporation

1 Introduction

Japan’s “two lost decades” from 1991 to 2010 show an extreme example of a weak recovery from a financial crisis, now referred to as “Japanization”. The term is mostly linked to the countries prolonged, substantial decline in stock and real estate prices and lack of GDP growth. Several factors may have contributed, such as the large-scale banking crisis and delayed banking sector reforms, inadequate macroeconomic policies and low levels of corporate investment.

The loss of industrial competitiveness in specific sectors, a slowdown in productivity and an aging society have also...

Dr. Joachim Harder, OneStone Consulting S.L., Barcelona/Spain

This article appeared in

ZKG 03/2014

This article appeared in

ZKG 03/2014

Ressort:  Markets and Trends
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