<b>Japan 2006:</b> Bleak Future Unless Industry Reforms

TOKYO, Japan – In 2000, Japan’s bicycle industry manufactured 4.68 million bikes. Last year that number fell to about 1.3 million. Having virtually saturated the market, imports are no longer growing at double-digit rates annually, but continued to edge up in volume in 2006.   The industry saw its fair share of upheaval in 2006,