Exhibition
M-Tech Nagoya 2022
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Fastener World Builds Connection Between Japanese and Taiwanese Companies Amid Increased Purchase Demand
by Dean Tseng, Fastener World
Japanese Fastener Business Owners in a Rush to Find Taiwanese Quality Suppliers
The Nagoya fair is the largest manufacturing show in central Japan. On a positive outlook for a continuing recovery into this year, Fastener World had its onsite exhibiting representative and online Japanese market specialist ready to work together to grab Japanese purchase orders this spring for Taiwanese fastener companies and help Japanese customers find their ideal targets.
The show opened at Portmesse Nagoya on April 13-15, 2022. The first day saw an incoming crowd of thousands of people — clearly a sign that the past two years’ contraction in sales and purchase spikes the rebound of Japanese fastener transaction. Actually, in the online talks between our Japanese market specialist and onsite visitors, we found the visitors had to adjust purchase and shipment messed up by supply chain disruption. Right now they are in need of finding new Taiwanese suppliers and specifically want a high quality source of products priced lower than Japan's. Despite the pandemic, supply chain disruption and Russia/Ukraine war that altogether cause a global price hike, if your product price remain competitive over Japan’s, now is the best chance for you to expand in Japan through Fastener World.
During the show, a Japanese visitor asked Fastener World about the impact of the Russian/Ukraine war on Taiwanese fastener industry and the corresponding business opportunities. Another one asked if there is anyone in Taiwan to supply SKD11 (alloy tool steel) as well as fasteners made of special materials. Another one was in urgent need of Taiwan-made fastener forming machines and threading machines. Still another one wanted to find licensed manufacturers through Fastener World’s media platform. Fastener World has a great team processing their demand to match them with suitable Taiwanese companies.
Manufacturing World Nagoya (including M-Tech Nagoya) gathered a total of 430 exhibitors this year. According to Tokyo Shoko Research, Nagoya has as many as 17 thousand factories, higher than Osaka at 16 thousand and Tokyo at 14 thousand. Nagoya is a manufacturing hub at the center of Japan. The next edition of the show will start on April 12-14, 2023.