News On Japan

Japan consumers wait months for washing machines, air conditioners

May 30, 2022 (Nikkei) - Home appliances remain in short supply across Japan due to the global semiconductor crunch and supply chain disruptions tied to Beijing's zero-COVID policy, as companies that have resumed production at factories in China say it will take time to reach normal operations.

"Delivery delays began to emerge in May, and we have been telling customers that they will have to wait one to two months for delivery," said a sales staffer at an electronics retail shop in Tokyo.

Microwaves and rice cookers on store shelves carry signs saying that new orders are suspended due to a halt in shipments. Some appliances already owned may be difficult to repair because parts no longer are readily obtained.

Washing machines are particularly mired in short supply. One retailer website shows that 70% of the 40 drum-type machines listed are out of stock, with tags saying "items will be shipped as soon as they arrive." Some machines, including those from Hitachi and Sharp, are scheduled to ship in August or later.

About 30% of refrigerator models also are cold out of stock.

Air conditioners are feeling the heat as well. Supply was already unstable due to the chip shortage, but the approaching summer season has made the problem clear. ...continue reading

Source: ANNnewsCH

News On Japan
POPULAR NEWS

Japan is likely to face increasingly long and dangerously hot summers as global temperatures continue to rise, with advanced climate simulations also pointing to more frequent torrential rain, rising seas and accelerating ice loss by the end of the century.

A tropical depression near the Truk Islands is expected to strengthen into a typhoon within 12 hours, but forecasters say it is unlikely to have any direct impact on Japan.

A protest against Prime Minister Sanae Takaichi was held in Tokyo's Shibuya district on July 16 as public concern grew over a bill that would impose criminal penalties for damaging the Japanese flag.

Tobu Railway has introduced walk-through facial recognition ticket gates at Ikebukuro and Kami-Itabashi stations on the Tobu Tojo Line, allowing registered commuters to enter without presenting a ticket or IC card.

A system failure at frozen food giant Nichirei has disrupted shipments and logistics, raising the risk of product shortages and temporary closures at some Kentucky Fried Chicken restaurants while also affecting major supermarket and retail chains.

MEDIA CHANNELS
         

MORE Business NEWS

Seven & i Holdings is considering investing several hundred billion yen in Zabka Group, Poland's largest convenience store operator, as the Japanese retailer seeks to expand its presence in Europe.

Japanese manufacturers including Fanuc, Yaskawa Electric, Fujitsu, Hitachi, Kawasaki Heavy Industries and Komatsu announced new artificial intelligence initiatives on July 16 as Nvidia expanded its partnerships with Japan's robotics and industrial sectors.

Tokyo stocks fell sharply on July 16 as renewed selling in South Korean semiconductor shares spread to Japan’s AI and chip-related names, while household inflation expectations hit a record high and kept pressure on the Bank of Japan to maintain a tightening bias.

Many beginner forex traders often frown upon the Tokyo trading session because of its low trading volume and liquidity levels. However, it can be a gold mine if you know which currencies to trade.

A system failure at frozen food giant Nichirei has disrupted shipments and logistics, raising the risk of product shortages and temporary closures at some Kentucky Fried Chicken restaurants while also affecting major supermarket and retail chains.

Japan's core machinery orders fell 12.4% in May from the previous month to 962 billion yen, marking the first decline in two months, the Cabinet Office said on July 15.

The Ministry of Economy, Trade and Industry said it will provide up to approximately 159 billion yen in subsidies to Israel-based chipmaker Tower Semiconductor to expand production capacity at facilities in Niigata and Toyama prefectures.

Japanese companies announced new cybersecurity services, investment products and technology initiatives on July 14, while earnings releases highlighted sharply different conditions across the housing and food-import sectors.