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Astra Group.

Backgrounds

PT Astra Internasional Tbk (AI) established in 1957 is an Indonesian conglomerate with core business in the automotive sector. It has long dominated both car and motorcycle markets in the country led by its Toyota cars and Honda motorcycles. In 1990, AI was listed on the Jakarta Stock Exchange Jakarta Stock Exchange

Established in 1977, the largest securities exchange in Indonesia.
, now Indonesian Stock Exchange. Currently its shareholders include Jardine Cycle & Carriage Ltd with a share of 50.11% and investing public holding the rest.

AI has six divisions--automotive division operating in car, motorcycle and automotive component industries, financial service division operating in banking, financing and insurance industries, heavy equipment division, mining and energy division, agribusiness division, information technology division and infrastructure division.

In 2010, AI set aside around Rp7 trillion for capital spending including Rp 4 trillion for its heavy equipment subsidiary PT. United Tractor Tbk, Rp 1.5 trillion for plantation subsidiary PT Astro Agro Lestari Tbk, and Rp 1.5 trillion for its automotive division to increase its automotive production capacity by 100,000 units of car a year.

The automotive division is the largest contributor to the total income of AI. Astra Group's car sales rose 60% to 311,000 units in 2010 giving it a 56% market share in the country. In 2010, it launched a number of new models including Toyota Grand New Corolla Altis, New Kijang Innova, New Rush, Daihatsu Sirion Femme, Sirion Drift Sporty, New Terios and Peugeot 3008.

Meanwhile, motorcycle sales in the country rose 33 percent to 5.5 million units in the first nine months of 2010 compared with the same period in 2009.

Automotive Division the largest

The automotive division groups a number of business units--car industry, component industry and motorcycle industry.

PT Toyota-Astra Motor (TAM)

TAM established in 1971 is a joint venture between PT. Astra International Tbk with a share of 51% and Toyota Motor Corporation of Japan with a 49% stake. In the beginning TAM operated in trading, importing Toyota cars from Japan. In 1972 TAM became a distributor. Currently TAM is the brand holding sole agent (ATPM ATPM About This Particular Macintosh (Macintosh computing e-zine)
ATPM Association of Teachers of Preventive Medicine
ATPM All the Presidents Men (book/movie) 
) for Toyota cars in Indonesia.

In 1989, TAM was merged with three other related companies PT Multi Astra (assembling plants, established in 1973), PT Toyota Mobilindo (car body component producer, established in 1976) and PT Toyota Engine Indonesia (engine manufacturer, established in 1982) with PT Toyota-Astra Motor as the surviving company

TAM had production facilities including stamping, casting, engines and assembly plants in Sunter, Jakarta. In 1998, a new factory was commission in Karawang using the latest technology in Indonesia.

In 2003, TAM was restructured into 2 companies PT. Toyota Motor Manufacturing Indonesia (TMMIN) and TAM.

In 2010 TAM, the ATPM for Toyota cars expanded its production capacity for Toyota Fortuner after the closure of a Toyota factory in Thailand for inefficiency late May 2010. The capacity expansion was to meet domestic supply and exports to Middle East and other regions.

In addition to Fortuner, the production bases for Toyota Hilux Vigo pick-up cars will be moved from Thailand to Indonesia. Currently Hilux pick-up cars sold in Indonesia are all imported from Thailand. Hilux pick-up sales average 500 units a year in the country. Its production reaches more than 10,000 units a month in Thailand. Meanwhile, Fortuner sales in Indonesia grew since early 2010, reaching 800 units--1,000 units per month.

Total sales of Toyota cars in 2010 reached 280,680 units (whole sales) and 280,711 units (retail sales)--or the highest ever in its 40 years presence in Indonesia. It was also the highest ever recorded by an ATPM in Indonesia. Indonesia has become one of major car making countries in Asia.

When first it was launched early 2004, Toyota Avanza shot up to the top of the lost of best selling car in Indonesia. In 2010, retail sales of Toyota Avanza reached 141,474 units up 39.8% from the previous year.

In 2010, a number of Toyota products like Kijang Innova, Rush, Camry and Vios were market leaders in their respective classes. Kijang Innova led strongly in the medium MPV (MusicPhotoVideo) A playlist standard for music, image and video collections introduced in 2002 by the Optical Storage Technology Association (OSTA). An "MPV Writer" is software that creates the playlist, and an "MPV Reader" is software that can discover and read it.  market with whole sales of 53,549 units or a market share of 71%. Rush increased its market share to 51% with sales totaling 18,836 units. In the sedan car market Vios and Camry showed impressive performance with retail sales totaling 11,824 units and 2,510 units respectively and succeeded in maintaining market shares of 65% in the class of Entry Sedan and the class of Medium Sedan.

In the commercial car market, Toyota Dyna recorded an 81% rise in sales to 14,169 units. Toyota Hilux in the class of pick-up cars also posted a 75% surge in retail sales to 8,562 units.

Toyota Yaris was not to be left behind with sales surging 95% to 16,793 units in 2010.

Car exports by TAM also rose in 2010. Indonesia's car exports were 60% dominated by Toyota. Exports of CBU CBU Cape Breton University (Sydney, Nova Scotia, Canada; formerly University College of Cape Breton)
CBU Christian Brothers University (Memphis, TN, USA)
CBU California Baptist University
 (Completely Built Up) cars were estimated to reach up to 100,000 units in 2010. TAM has exported cars to 27 other countries.

PT Toyota Motor Manufacturing Indonesia (TMMI TMMI Toyota Motor Manufacturing Indiana
TMMI Total Multi Media Inc.
)

TMMI has two factories. The first is Sunter Plant in Sunter, North Jakarta on line in 1973. Sunter Plant is located in a 310,898 sq.m. Plot of land. The Sunter Plant is considered the best car factory in Indonesia. Components of parts and engines produced in the Sunter Plant are for domestic consumption and for exports including to Malaysia, Thailand, the Philippines, Taiwan, Vietnam, South Africa and Japan.

Its second factory--the Karawang Plant--is located in the Karawang International Industrial City (KIIC), TelukJambe, and West Java. The Karawang Plant was built in 1996 with an investment of Rp 462.2 billion over a 1,000,000 sq.m. Plot of land using high technology.

The production facilities in the Karawang Plant include Stamping Shop, Welding Shop, Painting Shop and Assembling Shop. There are also supporting facilities including Test Course and Employee Facilities. Facilities related to environmental preservation include Waste Water Treatment and Toyota Forest.

Currently the Karawang Plant has a production capacity of 100,000 units of cars per year. The Karawang Plant focuses more on the production of Innova for domestic market and exports. Innova cars in CBU form are exported to Middle east countries (Saudi Arabia, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. , Kuwait, Bahrain, Qatar, Oman, Jordan, Syria, and Lebanon), Pacific island countries (Fiji and Solomon), and Asian countries (Brunei Darussalam and Thailand). In CKD See count-key-data.  form, Innova cars are exported to Malaysia, the Philippines and Vietnam.

In 2011, TMMI plans to expand the Karawang factory with an investment of Rp 1.7 trillion.

TMMI has become the production base of Innova, Fortuner, Avanza, and Rush for domestic and international markets. Currently Toyota cars produced in Indonesia already uses more than 50% of local components. Toyota Innova has a local content of 75 percent and Fortuner around 50 percent.

Meanwhile, Toyota cars--Avanza and Rush--produced by Toyota Motors' subsidiary PT. Astra Daihatsu Motor even have higher local contents of 85 percent and 75 percent respectively.

PT. Astra Daihatsu Motor (PT. ADM See add/drop multiplexer.

(language) ADM - A picture query language, extension of Sequel2.

["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538].
)

ADM was established in 1978 through a merger of three companies PT. Daihatsu Indonesia, PT. Daihatsu Engineering and PT. National Astra Motor.

ADM produces cars with the brand of Daihatsu with factory located at Sunter, North Jakarta. The factory in Indonesia is the largest Daihatsu unit outside Japan. ADM's Daihatsu cars include Xenia Xenia (zē`nēə), city (1990 pop. 24,664), seat of Greene co., SW Ohio; inc. 1814. It is a trade and industrial center in a farm area. Rope and twine, plastics, potato chips, valves, and hydraulic lifts are among its manufactures. , Terios, Gran Max, and Luxio.

In 2010 Daihatsu strengthened its production base in Indonesia by expanding its production capacity to 250,000 units per year with an investment of Rp 200 billion. In 2011, the capacity was expanded again to 286,000 units with an additional investment of Rp 50 billion for a new production line in the Sunter factory.

ADM is the country's largest car makers in term of sales and retail market share. In the first half of 2011, Daihatsu reported sales at 64,951 units or 15.5 percent of the total market size in the country. The sales rose from 53,494 units in the same period last year.

In 2010, ADM's market share fell slightly to 15.5 percent from 15.9 percent in the previous year, but it was still the second largest in sales after Toyota which recorded sales at 280,680 units.

Though declining, Xenia was still the best performer contributing 55% or 63,141 units to the total sales of Daihatsu cars in Indonesia in 2010. The second largest in sales was Gran Max accounting for 28,979 units, followed by medium SUV Terios 16,916 units, Luxio 5,982 units and city car Sirion 687 units.

ADM succeeded in reporting wholesales totaling 118.591 units in 2010, up 53 percent from the previous year's 77,513 units. The sales were the largest ever recorded by Daihatsu in the country.

In mid 2011, ADM built a new factory in the Industrial Zone of Suryacipta, East Karawang, and West Java over an 81 hectare plot of land with an investment of Rp 2.1 trillion. The factory in Sunter could not longer meet demand.

The new factory has a production capacity of 100,000 units per year. It is to be operational in late 2012 It will increase the production capacity of ADM from 330,000 units per year to 430,000 units per year.

PT. Isuzu Astra Motor Indonesia (IAMI IAMI Israel Aerospace Medicine Institute
IAMI Iran Aircraft Manufacturing Industries (Corporation)
IAMI International Association Manager, Inc.
IAMI I Am Making It
)

Originally the company was named PT. Pantja Motor established in 1974 by PT. Pantja Niaga. In 1991, PT Astra International Tbk acquired 75% of PT. Pantja Motor, with the remaining 25% split by Isuzu Motors Ltd and Itochu Corporation from Japan. In 2008, the name of the company was changed again with PT. Isuzu Astra Motor Indonesia as the ATPM of Isuzu cars.

In 2010, IMAI IMAI Inter Media Art Institute (Germany)  reported sales at 24,012 units including Isuzu Panther with sales of 5,315 units or a market share of 7%. In 2011, the company sales are forecast to reach 30,000 units, including 700 units of Isuzu GIGA Medium Truck to be produced in July 2011 at its factory in Pondok pondok or pondokkie
Noun

(in southern Africa) a crudely made house or shack [Malay pondók leaf house]
 Ungu, Bekasi. The company plans to invest US$3 million this year.

PT Astra Multi Trucks Indonesia (AMT See vPro. )

In February 2011, the name of PT. Astra Nissan Diesel Indonesia was changed with PT. Astra Multi Trucks Indonesia. It also changed the name of Brand Nissan Diesel into UD Trucks. AMT is 75% owned by Astra Internasional Tbk (AI), 12.5% by UD Trucks Co., and 12.5% by Marubeni Co.

AMT produces medium & heavy duty trucks for logistics, container transport, mining and logging services.

Currently AMT has a market share of 15%. Its sales in 2010 totaled 3,600 units. Its contribution to the income of AI is less than 5%. AMT set sales target at 4,000 units in 2011 with main market targets including mining and forestry companies.

AMT has dealers all over Indonesia utilizing the AI's networks with 35 channels and 26 branches. It also has 250 spare part outlets and 43 workshops with service centers mainly in mining and plantation areas in Kalimantan, Sulawesi and Sumatra.

PT. Tjahja Sakti Motor Corporation (TSM TSM Tivoli Storage Manager
TSM Transportation System Management
TSM Taiwan Semiconductor Manufacturing (stock symbol)
TSM Taiwan Semiconductor Manufacturing Co. Ltd.
)

TSM was established in 1967 and in 1976 it became the ATPM for BMW BMW
 in full Bayerische Motoren Werke AG

German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 and Peugeot in Indonesia. TSM assembles BMW cars into Completely Knocked down (CKD) and Completely Built up (CBU) forms and distribute the cars and spare parts.

The company uses the facility of PT. Gaya Motor to assemble BMW cars. Gaya Motor is a general assembling company. TSM and PT. Gaya Motor are subsidiaries of PT. Astra International Tbk, but since 2001, the job of selling and distributing BMW cars has been taken over by PT. BMW Indonesia, a local unit of BMW AG of Germany. TSM, therefore, resumes its activities in importing and assembling BMW cars.

PT. Gaya Motor (GM)

GM was established in 1969 offering the service of assembling cars. The factory of GM is equipped with assembling facility including welding, paint shop, trimming line, engine assembly, body marriage and final test. This company cooperates with TSM in assembling bMw cars.

Early 2011, the Gaya Motor Group and its partner set aside Rp100 billion in preparation for the production of cars in new models and sales.

The factory of GM will increase its production capacity from 4 units of cars per day to 8 units per day.

PT Astra Otoparts Tbk (AOP (Automatic OPerator) An IRC channel host who moderates the topics, keeps online users in check and provides help for newbies unfamiliar with IRC software (mIRC, etc.). Whenever AOPs come into the channel, they inherit operator status. )

Originally the company was named PT. Alfa Delta Motor which was established in 1976. It operated in automotive trading, engine assembling and construction. In 1993, the company was acquired by Astra, and in 1997 its name was changed with PT. Astra Otoparts.

In 1998, AOP was listed and became a public company. Astra Otopart has a big production capacity with 33 subsidiaries producing various types of components. The subsidiaries include wholly owned by Astra and joint ventures.

In October 2009, opened a third factory in Bogor. In 2010, AOP set aside Rp800 to build two new factories to produce plastic components and dry batteries. In 2011, its plans to build another component factory with an investment of Rp2.2 trillion.

AOP formed a joint venture with VIHI LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.

1. LCC - Language for Conversational Computing. Written at CMU in the 1960's.
 from the United States. The joint venture company is named PT. Astra Visteon Indonesia (AVI) producing speedometer speedometer, instrument that indicates speed. A cable from an automotive speedometer is attached to the rear of the transmission of an automobile; the cable turns at a rate proportional to the speed of the car. . It is to start production in the first quarter of 2012.

AOP has expanded operation to Vietnam teaming up with local company Akebono Brake Industry Co. Ltd. The two partners formed a new company named Akebono Brake Astra Vietnam with an investment of USS USS
abbr.
1. United States Senate

2. United States ship

USS abbr (= United States Ship) → Namensteil von Schiffen der Kriegsmarine
130 million with sales target of 1.2 billion yen per year. The company will build a factory in Hanoi in November 2011 and it is to start operation in July next year. The factory will produce components of motorcycles disc brakes and master cylinders.

In the business of automotive components, AOP has formed partnership with leading companies including Aisin Seiki, Aisin Takaoka, Akebono, Denso, Mahle, Kayaba, GS Yuasa, NITTAN Valve, Daido Steel, Nippon Gasket, Keihin, Toyoda Gosei and DIC DIC diffuse intravascular coagulation; disseminated intravascular coagulation.

DIC
abbr.
disseminated intravascular coagulation


Disseminated intravascular coagulation (DIC) 
 Corporation. Currently AOP supplies components for almost all brands of cars and motorcycles produced in Indonesia. Among its component products are storage batteries, sparkplugs, rearview mirrors, rotors, and pistons. So far, the spare parts produced by the AOP group have been exported to at least 50 countries.

PT Astra Honda Motor (AHM AHM Automated Hacking Machines
AHM All Hands Meeting
AHM Academy for Healthcare Management
AHM Atom Heart Mother (Pink Floyd album)
AHM Airport Handling Manual
AHM Acutely Hazardous Material
AHM Anti-Helicopter Mine
)

The company was established in June 1971 with the name of PT. Honda Federal. It started business only in motorcycle assembling with components imported from Japan in the form of CKD (completely knock down). In 2000, PT Federal Motor and a number of subsidiaries were merged into one using the name of PT Astra Honda Motor (AHM). It is 50% owned by PT Astra International Tbk and 50% by Honda Motor Co. of Japan.

AHM has three assembling plants. The first plant located at Sunter, North Jakarta with the head office. The second factory is located at Pegangsaan Dua, Kelapa Gading, and the third is located in the Industrial Estates of MM 2100 Cikarang Barat, Bekasi. The third factory started operation in 2005.

Currently AHM has 1,600 showrooms operated by its dealers, 3,800 service center or workshops--AHASS (Astra Honda Authorized Service Station) and 6,500 outlets of spare parts to serve millions of Honda motorcycle users all over Indonesia.

In 2010, AHM expanded its production capacity from 3 million units to 3.5 million per year with an investment of US$ 30 million.

Agribusiness Division

The agribusiness division is under PT Astra Agro Lestari Tbk (AAL). AAL is publicly Trade Company listed on the Indonesian Stock Exchange. It is one of the country's major palm oil producers.

In 2009, AAL had 264,000 hectares of oil palm plantations including 57,000 hectares of plasma farms. It has 20 palm oil processing plants with a processing capacity of 940 tons of fresh fruit bunches per hour. Its crude palm oil production averages 1.1 million tons a year. Financial Service Division

The subsidiaries of the Astra Group operating in the financial sector include Bank Permata (banking), Astra Credit Companies (ACC See adaptive cruise control. ) and Toyota Astra Finance offering credits for the purchases of cars produced by the group; and PT. Federal International Finance (FIF (Fractal Image Format) A graphics file format from content management company Interwoven, Inc. San Jose, CA (www.interwoven.com) that stores fractal images with compression ratios as high as 2,500:1. FIF was originally from MediaBin, Inc. ) offering credits for the purchases of Honda motorcycles.

Heavy Equipment, Mining and Energy Division

The heavy equipment division of the Astra Group is under PT United Tractor Tbk (UT), which has a number of subsidiaries operating in the trade of construction machines, mining service and mining business.

UT is the sole agent for Komatsu heavy equipment and other products of mining equipment such as Valmet (forestry equipment), Tadano hydraulic cranes, Nissan Diesel trucks and Scania trucks.

The UT Group has 18 branch offices, 15 supporting offices and 12 representative offices in Java, Sumatra, Kalimantan, Sulawesi and other islands.

UT group include PT Pamapersada Unsanitary un·san·i·tar·y
adj.
Not sanitary.
 (PAMA PAMA Professional Aviation Maintenance Association
PAMA Performing Arts Medicine Association
PAMA Pulse-Address Multiple Access
PAMA Power Aware Multiprocessor Architecture
PAMA Pediatric, Adolescent, and Maternal AIDS branch (US NIH) 
) a subsidiary operating as a mining contractor and offering mining service for clients. PT. Dasa Eka Jasatama has a coal mine in South Kalimantan holding a reserve of 16 million tons of high quality coal with a calorific value of 6,700 kcal. Its production capacity is 3 million tons per year. PT Tuah Turangga Agung operates a coal mine in Kapuas, Central Kalimantan holding a potential reserve of 40 million ton of coal with a calorific value of 6,300 kcal.

Infrastructure Division

In the infrastructure sector, two subsidiaries--PT Astratel Nusantara (Astratel) and PT Intertel Nusaperdana (Intertel) operate in toll road construction and operator drinking water plants. There are also other subsidiaries in the infrastructure sectors such as PT Marga Marga can refer to:
  • Marga (Indian Philosophy)
  • Marga, a commune in Caraş-Severin County, Romania
  • Magga, one of the Four Noble Truths, in Buddhism
  • Marga (Batak), a family name in Batak society
  • Efraín Abdiel Alveo a.k.a.
 Mandalasakti, PT PAM Lyonnaise Jaya (Palyja), PT Marga Trans Nusantara, PT Toyo Fuji Logistic Indonesia and PT Gresik Distribusi Terminal.

The group's business in Logistic Value Chain is operated by PT Serasi Autoraya (SERA).

Its transport service business is operated by TRAC-Astra Rent a Car and TRAC TRAC - Text Reckoning And Compiling  driver service; used car sales by Mobil88 and Ibid, logistic service by PT. Toyofuji Serasi Indonesia, Harmoni Logistik, Serasi Logistik, and TREMO, and taxi service by Taxi Orenz.

Information Technology Division

PT Astra Graphia Tbk (AG) operates as the provider of document and IT service solution in Indonesia. AG has two units of business--Astragraphia (AGDS AGDS Association of Garage Door Specialists (UK)
AGDS Deep Submergence Support Ship
AGDS American Gage Design Standard
AGDS Automated Grants Documentation System
) which offers document and subsidiary solution, Astragraphia Teknologi Informasi (AGIT AGIT Agitation
AGIT Asociación Guatemalteca de Interpretes y Traductores (Guatemalan Association of Interpreters and Translators)
AGIT Antenna Group Interface Tube
), which offers information technology and communications solution. AG has 77 service points in 22 branch offices all over Indonesia.

AG Dokumen Solusi (AGDS) offers products and services in several business lines. The core business of AGDS is document solution, by providing the following services--Product Business Office, Production of Business System, Printer Business Channel, and Fuji Xerox global Services.

AGIT provide service and solution integrated in information technology infrastructure, system integration, implementation of ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  like SAP and Oracle, business solution and TI service outsourcing. Financial Performance

In 2010, AI recorded consolidated sales of Rp 130 trillion or an increase of 32 percent from Rp 98.526 trillion in 2009. Its operating profit rose 15% to Rp 14.725 trillion in 2010 from Rp 12.756 trillion in 2009.

Its net profit reached Rp 14.366 trillion, up 43 percent from Rp 10.040 trillion in 2009. The net profit in 2010 was the highest ever recorded by Astra International. The car sales of cars produced by the Astra Group reached 99,000 units in the first quarter of 2010, or an increase of 71 percent from the same period in the previous year. Its share of the car market was 57 percent. Astra launched a number of cars with new models including New Lexus LS 600hL, Peugeot 207 2T and New Toyota Vios TRD TRD Trading
TRD Toyota Racing Development
TRD Transition Radiation Detector
TRD Technische Regeln für Dampfkessel (German: Technical Regulations for Boilers)
TRD Technical Requirements Document
TRD Trust Deed
.

In addition, in the first quarter of 2010, through PT. AHM 750,000 units of sold Honda motorcycle or an increase of 28 percent on- year. The rise was attributable partly to launch of New Honda Absolute Revo and New Honda Supra X 125.
Financial Performances

Financial records of PT. Astra International Tbk. by Dec. 312
of 2009 and 2010

(in Rp billion)

Description                     2009         2010
                             (31st Dec)   (31st Dec)

ASSETS
a. Current Assets              36,595       46,843
b. Non Current Assets          11,484       26,598
c. Fixed Assets                21,941       24,363
d. Other Assets                18,918       15,053
Total Assets                   88,938      112,857

LIABILITIES
a. Current Liabilities         26,735       37,124
b. Non Current Liability       21,921       17,044
c. Minority interest          388            9,379
d. Equity                      39,894       49,310
Total Liabilities + Equity     88,938      112,857

REVENUES
a. Revenue                     98,526      130,000
b. Net Profit                  10,040       14,366

Sources: PT. Astra International Tbk
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Title Annotation:COMPANY PROFILE
Publication:Indonesian Commercial Newsletter
Article Type:Company overview
Geographic Code:9INDO
Date:Apr 1, 2011
Words:3415
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