"Instead of being made in Japan like my old one, it is made in China"
I lived in Japan during the early 90s and again from 2000 until recently and I will claim to have introduced Mont Bell's UL gear to the English speaking world, since I posted about them at TLB long before they reopened in Boulder … but as far as I am aware they have always had their stuff made in China. Most Japanese companies off-shored in the 80's and 90's, in what they refer to as the hollowing out of Japanese manufacturing.
CORRECTION: I just checked my two MB Gore-Tex jackets (don't ask): the circa 2001 jacket (which I reviewed at TLB) says Made in Japan. The circa 2003 specifically-made-for-the-US-market one says Made in China. Maybe the US market stuff was being made in China – that would certainly minimise currency issues because Chinese factories bill in US dollars. My cycling jacket is made in China but all the Wickron fabric shirts and t-shirts are made in Japan. I'm genuinely surprised that they're still making anything in Japan.
Mont Bell's range is huge, and I love their stuff, but you do get variations in quality within the range and with the same product from year to year. A couple of years ago I was looking at the Alpine down vest (not available OS I think). They were very puffy but the fabrics had an odd dusty look – but now the fabrics are different. In contrast there are other Japanese manufacturers like Axis Quin and Nippn whose gear is always superb quality. My wife has an Axis Quin down vest that, in a direct comparison with the WM and Valandre equivalents (because there are stores in Japan that carry those brands side-by-side) I would rate as high or higher. But it was much, much cheaper.
Needless to say, most stuff available in Australia is complete rubbish (even the ACCC said so) and three times the price to boot.
There is a Japanese manufacturer who claims that although their down is nominally lower quality, because it's 95/5 it's actually higher loft.
Arapiles