Japan's wary manufacturers resist Abe's urge to splurge

April 5, 2015 1:06 AM

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Japan's wary manufacturers resist Abe's urge to splurge

KUSATSU, Japan (Reuters) - Hirotoshi Ogura, a self-described “factory geek”, is Daikin Industries' (6367.T) 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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