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Japan's shipbuilding industry has recovered at long last to the extent
where it can have a bright outlook on management thanks to the effects of structural
countermeasures and the improvement of the shipping market. At this juncture,
there is a need to repair and improve the fragile foundations of the shipbuilding
industry and to restructure it as a truly attractive industry in mid-term and
long-term perspectives (Fig. 28).
To this end, it is important to rebuild a stable shipping market on the
basis of well-balanced demand and supply, and, at the same time, to build management
foundations solid enough to withstand demand fluctuations, and revitalize the
shipbuilding industry. Still more, it is important that Japan should contribute,
in a manner appropriate to its international status as the world's No. 1 shipbuilding
state, to the solution of problems, including how to address the environmental
issue, which have faced world shipbuilding industries alike.
On the other hand, the marine industry is gradually increasing production
with the recovery of the demand for shipbuilding, but it still remains in the
throes of severe aftereffects of the prolonged depression, hence there is a
need to stabilize management by pushing ahead with structural adjustments based
on long-term perspectives.
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