{"id":18924,"date":"2024-07-05T17:19:04","date_gmt":"2024-07-05T07:19:04","guid":{"rendered":"https:\/\/woodcentral.com.au\/?p=18924"},"modified":"2024-10-21T20:17:43","modified_gmt":"2024-10-21T10:17:43","slug":"japans-falling-yen-helps-drive-new-timber-wave-across-asia","status":"publish","type":"post","link":"https:\/\/woodcentral.com.au\/japans-falling-yen-helps-drive-new-timber-wave-across-asia\/","title":{"rendered":"Japan&#8217;s Falling Yen Helps Drive New Timber Wave Across Asia"},"content":{"rendered":"\n<p>Japan is the world&#8217;s fourth-largest importer of timber products\u2014<em><a target=\"_blank\" href=\"https:\/\/us.eia.org\/blog\/japan-a-major-market-for-high-risk-timber\/#:~:text=Japan%20is%20the%20world%E2%80%99s%20the%20fourth%20largest%20importer,China%2C%20the%20United%20States%2C%20and%20the%20European%20Union.\" rel=\"noreferrer noopener\">behind just China, the United States, and the European Union<\/a><\/em>\u2014with the world&#8217;s third-largest economy imported more than 3,340,000 cubic metres of lumber last year.<\/p>\n\n\n\n<p>At the same time that imports remain strong,<a target=\"_blank\" href=\"https:\/\/woodcentral.com.au\/japans-tree-switch-millions-of-cypress-cut-for-planets-health\/\" rel=\"noreferrer noopener\"> Japan is also cutting down millions of cypress trees<\/a>, <a target=\"_blank\" href=\"https:\/\/woodcentral.com.au\/japans-building-reforms-drive-high-value-timber-production\/\" rel=\"noreferrer noopener\">changing building standards, and investing in high-value timber production.<\/a> The upshot is that the Japanese timber industry is booming, <a target=\"_blank\" href=\"https:\/\/woodcentral.com.au\/wood-buildings-grow-in-japan-following-trend-to-decarbonisation\/\" rel=\"noreferrer noopener\">with mid-rise mass timber buildings rising fast across Tokyo<\/a><a target=\"_blank\" href=\"https:\/\/woodcentral.com.au\/under-world-expos-giant-roof-largest-timber-build-rises-fast\/\" rel=\"noreferrer noopener\"> and work underway on the World Expo site in Osaka\u2014<\/a>which, naturally, is being built out of timber.<\/p>\n\n\n\n<p>Last week, Wood Central exclusively spoke to Yuichiro Shinohara, CEO and President of Shinohara Shoten, one of Japan&#8217;s largest timber fabricators. Shinohara Shoten supplies timber to more than 4,000 projects every year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1024x684.jpg\" alt=\"The enormous roof was fabricated by Shinohara Shoten, one of Japan's largest timber fabricators. (Photo Credit: Japan Sport Council)\" class=\"wp-image-18827\" srcset=\"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1024x684.jpg 1024w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-300x200.jpg 300w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-768x513.jpg 768w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1536x1025.jpg 1536w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-2048x1367.jpg 2048w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-696x465.jpg 696w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1068x713.jpg 1068w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1920x1282.jpg 1920w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-629x420.jpg 629w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-1320x881.jpg 1320w, https:\/\/woodcentral.com.au\/wp-content\/uploads\/2024\/07\/japan-national-stadium-kengo-kuma-architecture-tokyo_2364_col_4-fotor-20240702173629-600x401.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The enormous roof was fabricated by Shinohara Shoten, one of Japan&#8217;s largest timber fabricators. (Photo Credit: Japan Sport Council)<\/figcaption><\/figure>\n\n\n\n<p>&#8220;About 80% of our market is residential construction, with 20% (growing) into the non-residential mass timber market,&#8221; Mr Shinohara said, including the Tokyo Olympic Stadium&#8217;s roof, <a href=\"https:\/\/woodcentral.com.au\/before-paris-tokyos-timber-rich-olympic-stadium-first-in-decades\/\" target=\"_blank\" rel=\"noreferrer noopener\">which included 108 glulam pieces interwoven into a steel roof.<\/a> <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are developing a one-stop solution for mass timber construction across Japan&#8221;<\/p>\n<cite>Yuichiro Shinohara, CEO and President of Shinohara Shoten<\/cite><\/blockquote>\n\n\n\n<p>With four companies integrating precutting, design, and sales operations, Shinohara Shoten provides a one-stop service. &#8220;Not only addressing the traditional demand for new constructions, but we have also proactively entered the renovation and remodelling markets, solidly expanding our business field and contributing to the advancement of the wood construction industry,&#8221; Mr Shinohara said.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\">But that is just in Japan, with the fabrication giant capitalising on 40 years of expertise to fuel the growing Asia-Pacific mass timber market.<\/h6>\n\n\n\n<p>Japan is now a critical sales point for mass timber solutions across the region, capitalising on favourable exchange rates. &#8220;We are also an import and export company and are now supplying mass timber solutions to the region,&#8221; he said. &#8220;We offer direct procurement of wood from lumber factories and laminated wood factories worldwide inventory management and trading functions to support precutting wood operations.&#8221;<\/p>\n\n\n\n<p>As a result, Shinohara Shoten &#8220;is now using knowledge to provide its technology at a good price,&#8221; Mr Shinohara said, adding that &#8220;Japan is (now) a cheap country, with a proven record at delivering solutions at scale.&#8221;<\/p>\n\n\n\n<p>Many of these projects are visionary, &#8220;including an 8-storey all-timber building, which did not use any steel or concrete,&#8221; Mr Shinohara said. &#8220;The system took two years to design and one year to assemble on site.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"youtube-embed\" data-video_id=\"SDT7CnPyHnA\"><iframe loading=\"lazy\" title=\"Japan&#039;s Timber Age: Why Mass Timber is on the Rise\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/SDT7CnPyHnA?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><figcaption class=\"wp-element-caption\">Leading up to the Timber Construct conference next month, Wood Central Publisher Jason Ross interviewed Yuichi Shinohara, CEO and President of Shinohara Shoten. Footage courtesy of <a href=\"https:\/\/www.youtube.com\/@WoodCentralAU\">@woodcentralau.<\/a><\/figcaption><\/figure>\n\n\n\n<p>According to Andrew Dunn, Timber Construct organiser, Japan is leading the way in timber-led construction. Japanese-owned<a href=\"https:\/\/woodcentral.com.au\/sumitomo-uses-mass-timber-to-drive-global-build-to-rent-projects\/\" target=\"_blank\" rel=\"noreferrer noopener\"> conglomerates build giant build-to-rent projects in Australia, the US, and Europe using mass timber construction systems<\/a> designed in Japan.<\/p>\n\n\n\n<p>&#8220;This is why we are thrilled to have Yuichi Shinohara, from Shinohara Shoten Co Ltd, who will be one of our keynote speakers at Timber Construct,&#8221; Mr Dunn said. Mr Shinohara will join Nick Milestone (from Mercer USA) and Xu Fang (from SEC\/APA\/SFPA in China) to discuss&nbsp;<em>Australasia and the Pacific Visionary Timber Projects.<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"http:\/\/www.timberconstruct.org\" target=\"_blank\" rel=\"noreferrer noopener\">Find out more about TimberConstruct<\/a><\/div>\n<\/div>\n\n\n\n<p>&#8220;So far, we have 39 presenters already lined up,&#8221;&nbsp;Mr Dunn said, with the Melbourne event &#8220;focused on materials and design, prefabrication, and building techniques.&#8221;<\/p>\n\n\n\n<p>&#8220;Early bird tickets close on July 15, 2024,&#8221; Mr Dunn said, &#8220;so secure your early bird tickets before it is too late.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan is the world&#8217;s fourth-largest importer of timber products\u2014behind just China, the United States, and the European Union\u2014with the world&#8217;s third-largest economy imported more than 3,340,000 cubic metres of lumber last year. At the same time that imports remain strong, Japan is also cutting down millions of cypress trees, changing building standards, and investing in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":17319,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[3,38,52,37,47,32,46,39,49,68,31],"tags":[],"ppma_author":[70],"class_list":{"0":"post-18924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-architecture","8":"category-architecture-and-design","9":"category-asia","10":"category-building-and-construction","11":"category-commercial","12":"category-global-news","13":"category-industry","14":"category-mass-timber","15":"category-residential","16":"category-sector","17":"category-top-stories"},"authors":[{"term_id":70,"user_id":2,"is_guest":0,"slug":"jason","display_name":"Jason Ross","avatar_url":{"url":"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2023\/01\/J-Ross-headshot.jpeg","url2x":"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2023\/01\/J-Ross-headshot.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/18924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/comments?post=18924"}],"version-history":[{"count":3,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/18924\/revisions"}],"predecessor-version":[{"id":18934,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/18924\/revisions\/18934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/media\/17319"}],"wp:attachment":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/media?parent=18924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/categories?post=18924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/tags?post=18924"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/ppma_author?post=18924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}