In order to overcome the high raw material prices and the depreciation of the yen, small and medium-sized enterprises from all over the country gathered and held large-scale business meetings.
Participating companies are promoting various products with their technology and ingenuity.
This business meeting was planned with the cooperation of credit unions in various regions, and about 450 companies including small and medium-sized enterprises from all over the country participated.
Each booth showcases its products, and among them, companies in Tokyo that handle plastic screws say that raw material costs have increased by about 10% to 30% compared to last year.
We specialize in technology that increases the strength of plastics that do not use metal, and our screws are used in home appliances and semiconductor devices because they do not conduct electricity.
We are focusing on research and development to further increase strength, and are trying to expand its use to construction materials.
A Japanese confectionery maker from Ehime Prefecture started manufacturing frozen curry bread this spring.
In particular, the cost of purchasing oil has nearly doubled from last year, but even so, in October, they decided to cut the price by 50 yen and are expanding their sales channels to department stores and supermarkets in the Tokyo metropolitan area.
Shuji Ochi, president of a Japanese confectionery maker, said, "We are affected by the corona crisis and high raw material prices, but we want to proceed with business so that many people can eat it, looking only at the front."
This business meeting is being held at Tokyo Big Sight in Koto-ku, Tokyo until the 7th.