JUKI Corporation and YKK Corporation
announce Joint-Development Agreement
JUKI Corporation and YKK
Corporation have entered into a Joint Development Agreement on
January 24, 2017, to leverage their fastening products and their
sewing technologies and expertise to develop solution products
focused on resolving various challenges experienced by sewing
factories their common customer base.
Outline of the Joint
Development Agreement Jointly develop sewing machines
for attaching zippers onto products with distinctive
technologies that generate new value for customers in relevant
JUKI and YKK are in possession of hard-won development and
manufacturing expertise ― JUKI in sewing facilities and YKK in
fastening products. Because sewing machines are the primary
vehicle for the attachment of zippers in both the apparel and
non-apparel sectors, JUKI and YKK can leverage each other’s
strengths and jointly develop proprietary sewing technologies
for fastening products.
President JUKI Corporation.
President YKK Corporation.
Attaching zippers is one of the most challenging and
time-consuming processes of product making, requiring a high
level of skill from its operators. The two industry leaders
aspire to develop automated, simplified sewing machines for
attaching zippers onto products as well as improved fastening
products, achieving both a significant improvement in
productivity and an advanced manufacturing process that requires
much less experience and fewer skills.
JUKI and YKK plan to complete and put on the market their
first jointly developed sewing machines for attaching zippers
onto products by the end of the fiscal year 2017.
Generate synergy, enhancing their capability for
proposing solutions for their common customers
JUKI and YKK have common customers because zippers are mostly
sewn onto products using sewing machines. Their sales channels
all over the world and their proprietary sewing machines for
attaching zippers onto products will allow JUKI and YKK to offer
more wide-ranging and in-depth solutions to customers. JUKI’s
extensive knowledge of garment factories throughout the world
and YKK’s network of brand holders will give this collaboration
a strong competitive edge.
The amalgamation of their technological and service offering
capabilities is sure to generate this synergy and support the
strengthening and expansion of respective businesses, as well as
contribute to the further development of the garment industry.