Japanese companies hike domestic prices

News Story
- 31 Mar 2005 ( #202 ) - TOKYO, Japan
<1 min read
Mitsubishi Heavy Industries Ltd and TCM Corporation have increased their Japanese domestic price lists, effective from April 1.

According to both companies, the price hike of raw materials, in particular steel, has influenced the change in domestic price lists.

Mitsubishi Heavy's prices will increase one per cent to eight per cent, depending on the model, and TCM's prices will increase five per cent across the board.

Forkliftaction.com News's news source speculated Toyota would repeat last July's price increase following price hikes by steel suppliers in April.

"Implementing severe exhaust emissions requirements will surely put pressure on companies to increase prices as well," he said.
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Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

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You might want to check out our service portal as well – it backs you up 24/7!

Inside The News
In this week’s Forkliftaction News we report on the recent IMHX event in Birmingham with coverage of new product launches, key themes and observations from those attending. We also name the winners of the 2025 Archies Awards, held in conjunction with IMHX... Continue reading

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