DENSO's Asia and Oceania Regional Headquarters Establishes New Company in Thailand.Kariya Kariya (kärē`yä), city (1990 pop. 120,126), Aichi prefecture, central Honshu, Japan. It is an industrial center with textile, mechanical, food-processing industries, and ceramic tile industries. , Japan, Apr 3, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - DENSO DENSO Corporation (株式会社デンソー Corporation announced today that DENSO International Asia Pte. Ltd. (DIAS), DENSO's Singapore-based regional headquarters for the Asia and Oceania Oceania (ōshēăn`ēə, –ā`nēə) or Oceanica (ōshēăn`ĭkə) region, established a wholly owned company in the suburbs of Bangkok Bangkok (băng`kŏk'), Thai Krung Thep, city (1990 pop. 8,538,610), capital of Thailand and of Bangkok prov., SW Thailand, on the east bank of the Chao Phraya River, near the Gulf of Thailand. , Thailand Thailand (tī`lănd, –lənd), Thai Prathet Thai [land of the free], officially Kingdom of Thailand, constitutional monarchy (2005 est. pop. 65,444,000), 198,455 sq mi (514,000 sq km), Southeast Asia. in February February: see month. . The new company, DENSO International Asia Co., Ltd. (DIAT DIAT Defence Institute of Advanced Technology (Pune, India) DIAT Denso International Asia Co., Ltd DIAT Dominant Introverted Abstract Thinker (Jung personality type indicator) DIAT DCGS Integration Activation Team ), has an initial capital investment of approximately 700 million baht baht n. pl. bahts or baht See Table at currency. [Thai b  t.]Noun 1. (approximately 2.5 billion yen*). A technical center was also established as part of the new company. The new company will oversee and provide support in areas including production planning Production planning The function of a manufacturing enterprise responsible for the efficient planning, scheduling, and coordination of all production activities. , information systems, and training for DENSO group companies in the Asia and Oceania region. As a result, some functions from DIAS and DENSO International (Thailand) Co., Ltd., which is responsible for sales and support to manufacturing companies in Thailand, will be transferred to DIAT. The new technical center will develop products to meet needs in the market. Operations for DIAT are scheduled to start in the spring of 2008, by which time the company plans to employ approximately 210 people. Investments are expected to reach approximately 1 billion baht (approximately 3.6 billion yen*). DIAS will continue to oversee Asia and Oceania operations in areas including finance, logistics, and information system development. "DENSO aims to build a competitive business structure in Asia and Oceania by positioning the appropriate functions in Thailand, where the automotive market is growing, and in Singapore Singapore (sĭng`gəpôr, sĭng`ə–, sĭng'gəpôr`), officially Republic of Singapore, republic (2005 est. pop. 4,426,000), 240 sq mi (625 sq km). with its advanced infrastructure, particularly for finance and distribution," said Kazutaka (Ken) Nimura, president of DIAS. DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Worldwide, the company employs approximately 106,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2006 totaled US$27.3 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges Nagoya Stock Exchange Established after World War II, one of the three major securities markets in Japan. in Japan. For more information, go to www.globaldenso.com or visit our media website at www.densomediacenter.com. Company Profile for DENSO International Asia Co., Ltd. (DIAT) Name: DENSO INTERNATIONAL ASIA CO., LTD. Established: February 2007 Location: Suburbs of Bangkok, Thailand Capital: Approximately 700 million baht (approx. 2.5 bil. yen*) Ownership: Wholly owned by DENSO International Asia Pte. Ltd (DIAS) Investment: Approximately 1 billion baht (approx. 3.6 bil. yen*) President: Kazutaka (Ken) Nimura Employees: Approximately 210 (planned for 2008) Company Profile for DENSO International Asia Pte. Ltd. (DIAS) Name: DENSO INTERNATIONAL ASIA PTE. LTD. Established: December 1998 Location: Science ParkcU, Singapore Capital: Approx. 300 mil. Singapore dollar (approx. 24 bil. yen*) Ownership: Wholly owned by DENSO Corporation President: Kazutaka (Ken) Nimura Business: Holding company and Asia & Oceania regional headquarters Employees: 30 (as of January 2007) Company Profile for DENSO International (Thailand) Co., Ltd.
Name: DENSO INTERNATIONAL (THAILAND) CO., LTD.
Established: December 2002
Location: Muang, Samutprakarn Thailand
Capital: 100 million baht (approximately 360 million yen*)
Ownership: 50 percent by DENSO International Asia Pte. Ltd.(DIAS)
50 percent by DENSO (Thailand) Co., Ltd.
President: Yoshihiko Yamada
Business: Sales of automotive components and support to
manufacturing companies in Thailand
Employees: 271 (as of January 2007)
* Exchange rates used are 3.6 yen per 1 baht and 80 yen per 1 Singapore dollar. About DENSO Corporation DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Worldwide, the company employs approximately 106,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2006 totaled US$27.3 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges in Japan. For more information, go to www.globaldenso.com or visit our media website at www.densomediacenter.com. Source: DENSO Corporation Contact: DENSO CORPORATION Miwa Kurokawa, Goro Kanemasu Phone: 81-566-25-5594 Fax: 81-566-25-4509 miwa_kurokawa@denso.co.jp goro_kanemasu@denso.co.jp Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion