At a Friday news conference, Toray Executive Vice President Yukihiro Sugimoto said, "A pressing issue will be expanding our production bases outside of China." He noted that production costs were increasing rapidly along the coastal areas of China that have experienced the largest economic growth.
He said Toray would seek out new production bases in Thailand and Indonesia. About 85 percent of all products sold at Uniqlo outlets are commissioned for production in China. Plans call for the ratio to be reduced to about 70 percent over the next two years.