Japanese firms move production home to cut costs

A weakening yen is driving some Japanese manufacturers to bring overseas factories back home.

Electric appliances maker Iris Ohyama is relocating output for about 50 of its products to Japan from China.

The company expects the step to reduce costs by about 20 percent. In June, the company raised prices for about 6,000 products to reflect higher materials and transportation costs.

Audio equipment maker JVCKENWOOD changed its production site for a car navigation system from Indonesia to a plant in Nagano Prefecture this year.

Major apparel maker World has begun to repatriate production of some higher-end clothes it sells in Japan.