Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep U.S. tariffs.
Sony said last week that trade-war levies may cause it to raise prices or move production of PlayStation consoles, cameras and projectors outside of China, steps that could affect profit for the year ending March by about ¥10 billion ($94 million).
Ricoh, which got about 28 percent of revenue from the Americas last fiscal year, completed the transfer of production for high-speed printers to Thailand from Shenzhen, China, in July.