Japan’s wary manufacturers resist Abe’s call to spend

April 5, 2015 11:30 PM

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Japan’s wary manufacturers resist Abe’s call to spend

Japan's Prime Minister Shinzo Abe speaks to the media at his official residence in Tokyo in this photo taken by Kyodo March 19, 2015. — ReutersKUSATSU, April 6 — Hirotoshi Ogura, a self-described “factory geek,” is Daikin Industries' master of doing more with less — and part of the reason Japan’s recovery remains stuck in the slow lane.

As Japan heads into the season of peak demand for room air-conditioners, Ogura and other Daikin managers have been tasked with figuring out how to boost output by some 20 percent at a plant in western Japan that six years ago the company had almost given up on as unprofitable.

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