Japan’s shipbuilding industry faces a serious labor shortage. Competition in different industries and the weak yen are also headwinds.Weighted by increasing orders | Nippon Kaiji Shimbun electronic version

November 22, 2023 Daily edition page 1 

• Shipbuilding/Marine

The labor shortage in Japan’s shipbuilding industry is becoming increasingly serious. Domestic shipbuilding companies experienced an exodus of human resources during the shipbuilding recession of the late 2010s, when operations slowed down due to slumping orders. In northern Kyushu and the Setouchi Inland Sea, where shipyards have recently restarted without the return of manpower, there is competition among shipbuilding companies to acquire human resources, as well as a new factory in Kumamoto of the world’s leading semiconductor manufacturer, Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC). Securing personnel is difficult due to competition from other industries with favorable conditions. The number of foreign skilled workers has decreased significantly due to the coronavirus pandemic, and due to headwinds from the weak yen, the number of foreign skilled workers has decreased significantly due to the current situation. Please log in to continue.

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