Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Economy Bloated inventories squeezing capital investment Mitsubishi Chemical's Kashima plant in Kamisu, Ibaraki Prefecture, produces ethylene.
October 15, 2015 19:00 JST | Japan
TOKYO -- Mounting inventories have Japanese manufacturers losing their willingness to spend on new facilities and equipment. And an increasingly uncertain future is only making them more cautious.
Japanese steelmakers have been turning out less than they were before spring, largely due to a huge global oversupply and slower car sales at home.
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