The declining birth rates in Japan are starting to have significant economic impacts. Japanese diaper manufacturers are now turning their focus to the adult market as the birth rate continues to fall. What Happened: This year, Oji Holdings, a leading Japanese diaper manufacturer, revealed its plans to halt baby diaper production and shift focus to adult diapers. Reuters reported Friday that this strategic shift is driven by Japan’s aging population and declining birth rates. Another company, Daio Paper, is also witnessing a surge in demand for adult diapers. The company’s marketing manager, Ke…
