In the 1990s, the Asian countries that could supply cheap labor, including China, became more powerful, while Japanese industries had to move their manufacturing bases overseas where cheap labor was available.〔【出典】Hiragana Times, 2006年11月号◆【出版社】株式会社ヤック企画 〕"HT241025", "2364506"
Another feature of this stage was a wild rise in the value of the yen against foreign currencies. The yen went as high as 79 yen to the U. S. dollar in April 1995, but the adverse effect of this appreciation on the economy was minimized by the lowering of the official discount rate, a fresh wave of private-sector production shifts to overseas locations, and utilization of cheap imported products."NIPO-056", "2251990"
The groundwork for this increase was laid in the latter half of the 1980s when Japanese companies shifted many production bases to the region. This led to an increase in exports of capital equipment, industrial materials, and components from Japan to Southeast Asia, and an accompanying increase in imports into Japan of finished products manufactured in the region. Over the years, this flow of goods became established as a major trade pattern."NIPO-074", "2487437"
Companies increasingly are moving out of southern China's manufacturing hub in the Pearl River Delta as profits decline."VOA-A250", "2280833"
At the same time, Japanese enterprises are shifting production overseas to take advantage of lower labor costs. The nation's industries are being hollowed out as a result."NIPO-155", "2262338"
At the same time, Japanese enterprises are shifting production overseas to take advantage of lower labor costs, raising fears that the nation's industries may be hollowed out."NIPO-135", "2262337"
House Foods and Coca-Cola Japan are also constructing plants or integrating their production bases to improve efficiency.〔【出典】Catch a Wave, 2004年12月10日号◆【出版社】株式会社浜島書店 〕
It cannot count on a future labor force owing to the drop in birth rate, and because industries are shifting their production bases to Asia, de-industrialization is unavoidable.〔【出典】Hiragana Times, 1996年1月号◆【出版社】株式会社ヤック企画 〕"HT111030", "2372320"
Even if a firm is called "a multinational enterprise", as long as it has its headquarters and main production base in a specific country, and if the people from that country hold the capital and management, that corporation has nationality.〔【出典】『日本経済の秘密』（岸本建夫著）◆【出版社】株式会社ヤック企画 〕"YA01-093", "2291671"
Because Japanese food has become renowned the world over as being good for health, Japanese soy sauce has been exported to over 100 countries, and overseas production has been undertaken in countries such as the USA."NIPO-335", "2264552"