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TYO:7011

22 stories mentioning TYO:7011Updated 11d ago

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Asia

Market Chatter: Japan Nuclear Firms Use VR to Address Skilled Labor Shortage

Japanese nuclear equipment makers are accelerating worker training with virtual reality and digital tools as Japan considers building new reactors for the first time since the 2011 Fukushima disaster, Nikkei reported Thursday.IHI (TYO:7013) launched a new welding program in January that combines classroom instruction, hands-on training and video materials captured through camera-equipped welding masks. The company said the system could cut training periods for some technicians to about one-fifth of previous levels, according to the report.Mitsubishi Heavy Industries (TYO:7011) has developed about 50 VR-based courses covering nuclear plant design, construction and maintenance, while Hitachi is digitizing technical expertise to improve knowledge transfer across its nuclear operations, the report said.The push comes as Japan's nuclear sector faces a shrinking skilled labor pool despite rising demand linked to AI-driven electricity consumption and renewed government support for nuclear power, according to the report.Shares of IHI jumped nearly 6%, while those of Mitsubishi Heavy fell almost 2% in recent trade in Japan.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:7011TYO:7013
International

Market Chatter: Japan Policy Shift on Arms Exports to Drive Capacity Push

Japan has relaxed restrictions on defense equipment exports, paving the way for overseas sales and prompting companies, including IHI (TYO:7013) and Mitsubishi Heavy Industries (TYO:7011), to expand capacity, Nikkei reported Tuesday.The changes, cleared by the cabinet of Prime Minister Sanae Takaichi, remove limits that confined shipments to noncombat roles, according to the report.Manufacturers are stepping up investment as global demand rises, particularly for missiles and air defense systems. Japanese companies are also seeking to fill supply gaps faced by the U.S. and other producers amid heightened geopolitical tensions, the report said.The shift signals stronger growth prospects for the sector, though constraints around labor, supply chains and limited combat track records remain, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:7011TYO:7013

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