For Japan’s ageing football players, 80 is the new 50
Al JazeeraNov 24, 2022
Japan: Diaper Maker Shifts From Babies to Adults
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Image copyright: Tomohiro Ohsumi/Stringer/Getty Images News via Getty Images
The Facts
Japanese diaper maker Oji Holdings said Tuesday it will stop making infant diapers in the country and shift to adult products. This comes as the number of births fell to just under 759K in 2023, a 5.1% drop.
The firm cites a reduction in diaper production from 700M a year at its peak in 2001 to the current 400M for the switch. However, it will continue making infant diapers in Malaysia and Indonesia.
The Spin
Narrative A
Japan's aging society confronts policy shifts, emphasizing social structures and mental well-being for seniors. Many Japanese seniors remain active through work, hobbies, and community engagement, promoting cognitive health and quality of life. Many challenge stereotypes with humor, reflecting a cultural shift towards embracing aging gracefully beyond traditional health practices.
Narrative B
Japan's demographic shift reflects broader global changes, including declining birth rates. Investors can leverage such insights by understanding demographic shifts globally, like the wealth transition from Baby Boomers to Gen Z in emerging markets like China. The resultant consumer behavior can be road signs for healthcare, athleisure wear, and plant-based foods, emphasizing the need for nuanced, data-driven analysis in investment strategies.
Narrative C
Falling birth rates in countries like Japan and China pose economic challenges. The world, in general, is expected to arrive at a demographic tipping point by 2050, impacting age distribution and economic growth. Pro-natalist policies, though attempted, face limited success. International migration mitigates demographic challenges in high-income countries but isn't a long-term solution. Low fertility rates may lead to severe global consequences, emphasizing the urgency for comprehensive solutions.
