Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

<ul><li>Domestic sales to decline as agriculture industry stagnates<ul><li>The turnover of agricultural and forestry machinery producers continued to decline in 2016, dragged down by shrinking domestic demand as Japan’s agricultural sector stagnates.</li></ul></li><li>New emissions standards to provide temporary boost in tractor sales<ul><li>Domestic sales of farm equipment, especially tractors, were negatively affected by the unfavourable, yet temporary, farmers’ reaction to new emission regulations.</li></ul></li><li>Government to facilitate agricultural equipment purchases<ul><li>Under the Industrial Competitiveness Enhancement Act, which came into force in 2014, support measures introduced in 2016 such as tax breaks for new equipment and other tax incentives to support capital investment within the domestic agricultural sector, are expected to provide at least a near-term boost for agricultural machinery demand.</li></ul></li></ul>

Domestic sales to decline as agriculture industry stagnatesThe turnover of agricultural and forestry machinery producers continued to decline in 2016, dragged down by shrinking domestic demand as Japan’s agricultural sector stagnates.New emissions standards to provide temporary boost in tractor salesDomestic sales of farm equipment, especially tractors, were negatively affected by the unfavourable, yet temporary, farmers’ reaction to new emission regulations.Government to facilitate agricultural equipment purchasesUnder the Industrial Competitiveness Enhancement Act, which came into force in 2014, support measures introduced in 2016 such as tax breaks for new equipment and other tax incentives to support capital investment within the domestic agricultural sector, are expected to provide at least a near-term boost for agricultural machinery demand.

Industrial Capsule: Agricultural and Forestry Machinery in Japan

Japan

ISEKI & CO., LTD. designs, manufactures, and markets agricultural machinery and equipment.  The Company's products primarily include tractors, grading machines, rice planters, combine harvesters, cultivation machines, engines, chain saws, and replacement parts.

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Iseki & Co Ltd (6310 JP)

Industrial Capsule: Agricultural and Forestry Machinery in Japan

Domestic sales to decline as agriculture industry stagnatesThe turnover of agricultural and forestry machinery producers continued to decline in...

Euromonitor International Ltd.

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