Japanese Company Oji Holdings Shifts from Baby to Adult Nappies Amid Demographic Crisis
As Japan faces a record low birth rate and an aging population, Oji Holdings pivots to adult nappies, reflecting broader demographic challenges.
- Oji Holdings, a Japanese company, will cease domestic production of baby nappies in September due to Japan's declining birth rate and shift focus to adult nappies.
- The decision reflects the broader demographic crisis in Japan, with a record low number of births in 2023 and a rapidly aging population.
- Japan's population is expected to shrink by about 30% to 87 million by 2070, highlighting the urgency of addressing the demographic challenges.
- The Japanese government, including Prime Minister Fumio Kishida, has introduced measures to encourage families to have more children, but with limited success.
- Oji Holdings plans to continue and expand baby nappy production overseas, in countries like Indonesia and Malaysia, where demand is expected to grow.