Japan Agribusiness Report Q1 2015

Business Monitor International
December 31, 2014
82 Pages - SKU: BMI5432517
Countries covered: Japan

Japan Agribusiness Report Q1 2015

BMI View: Despite the government's acknowledgement that the country's agricultural sector is in need ofreform and transformation, we believe that the piecemeal policies adopted and the lack of compromise ininternational free trade talks points to the gap between rhetoric and action. Indeed, Japan'suncompromising stance in maintaining tariffs on imported rice, wheat, beef, pork, dairy and sugar - thecountry's sacred farm products list - might prove costly in the long run. With an ageing farmer population(the average age of a Japanese farmer is close to 70 years old) coupled with highly inefficient farmingmethods - usually constrained by the small plots of family run farms - it is no wonder why the agricultureemployment is shrinking so rapidly. According to official figures, people engaged in farming in Japan fellby 22.3% from 2005 to 2010 to reach 747,000. The Japanese agriculture industry faces a bleak future if itdoes not reinvent itself.

There are however, green shoots in the midst of this, as illustrated by the rise of more public-private jointventures in the agriculture space such as the new subsidiary of Sojitz Corp and Toyo Reizo Co (an affiliatewith Mitsubishi Corp) which will have large-scale cultivation of greenhouse vegetables and blue fin tunarespectively in cooperation with agricultural cooperatives. A proliferation of Information andCommunications Technology (ICT) use in agriculture should also bode well for the industry in helping itbecome more efficient. Indeed, an increasing number of Japanese ICT firms are introducing cloud-basedfield monitoring systems as well as information portals for farmers. These firms include NEC Corp, theJapanese electronics giant which works with Nepon Inc to develop user-friendly greenhouse monitoringsystems. Another ICT-based collaboration is that of one between Nippon Telegraph and Telephone EastCorp which began testing a farm monitoring system using long-distance wireless communicationtechnology.



More Agribusiness reports by Business Monitor International

Philippines Agribusiness Report Q2 2015 by Business Monitor International
Philippines Agribusiness Report Q2 2015BMI View: We hold a positive view on the Philippines' agribusiness sector in the long term, given thepotential for expansion into ...
Egypt Agribusiness Report Q2 2015 by Business Monitor International
Egypt Agribusiness Report Q2 2015BMI View: Egypt is the world's largest wheat importer and will benefit from the recent sell-off in grainprices. The country is ...
Ukraine Agribusiness Report Q2 2015 by Business Monitor International
Ukraine Agribusiness Report Q2 2015BMI View: All agricultural markets will be negatively affected by recent Russian military intervention andpoor macroeconomic fundamentals in Ukraine. There will ...
Algeria Agribusiness Report Q2 2015 by Business Monitor International
Algeria Agribusiness Report Q2 2015BMI View: With wheat and dairy production falling consistently short of consumption, Algeria is a majorimporter of food products. However, the ...
See all reports like this >>

More Japan Agribusiness reports

Agribusiness Report - Japan Q3 2014 by Business Monitor International
Japan Agribusiness Report Q3 2014BMI View: Japan's uncompromising stance in maintaining tariffs on imported rice, wheat, beef, pork, dairyand sugar - the country's sacred farm ...
Japan After the Quake: Resurgence or Another Lost Decade? by Business Monitor International
What Next For Japan’s Post-Crisis Prospects?It has been almost six months since Japan suffered the triple earthquake-tsunami-nuclear disaster-the worst crisis in its post-World War II ...
See all reports like this >>

More Japan reports

D&B Country Report: Japan by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!