The Strengthening of ISID Asian Operations
- Representative office established in Shanghai and investment boosted in ISI-Dentsu Malaysia -
In moves to strengthen business in Asia, Information Services International - Dentsu, Ltd. (ISID, head office in Nakano, Tokyo; Jutaro Takinami, CEO; ¥8180.5 million in capital) has decided to set up a representative office of its Hong Kong subsidiary in the mainland Chinese city of Shanghai, and will also invest additional capital in its Malaysian subsidiary. Both of these operations will play important roles as key suppliers of IT support to growing manufacturing industries in Asia.
In the past, Japanese industry has viewed the Asian region as a venue for manufacturing, sales and material supply. Yet there is an increasing trend towards the establishment of research facilities in Asia, centering primarily on the assembly processing industry of major electrical and precision equipment manufacturers. As companies have expanded overseas by moving abroad such operations as the development of manufacturing technology and facilities for the production of parts, it has become essential to form technologies and facilities tailored to local conditions. This movement is becoming more widespread throughout China, Malaysia and the rest of Asia.
Through subsidiaries in Singapore and Hong Kong, ISID has already been working to support development, design and manufacturing operations in the region, particularly with regard to CAD/CAM/CAE/PDM software sales and support. However, to fully cater to the needs of clients operations have been expanded and reinforced.
[ISID Malaysian subsidiary]
Company title: ISI-Dentsu Malaysia Sdn. Bhd.
Representative: Mr. Hiroshi Tanaka
Address: 11th Floor, Wisma Damansara, Jalan Semantan, Damansara
Heights,
50490 Kuala Lumpur, Malaysia
Capital increase details:
An additional investment of 1,499,998 RM in the wholly-owned ISID subsidiary "ISI-Dentsu Singapore Pte., Ltd.," bringing the total capital to 1,500,000 RM (approx. 45 million Japanese yen).
Date of capital increase: Scheduled for mid-January, 2001
Details of business operations:
• The Malaysia office was established in March 1997 as a wholly owned subsidiary of ISI-Dentsu Singapore Pte., Ltd.
• Future activities planned in the local area are as follows:
-CAD/CAM/CAE/PDM software sales and support
-As Japanese manufacturers are moving production facilities abroad and also setting up R&D facilities outside Japan, this office will provide consulting services to aid in establishing those R&D facilities and in introducing PDM, as well as provide development and implementation services.
-The training of technical staff as the basis for development and technical support in Asia.
-Making efforts to acquire MSC (Multimedia Super Corridor) status.
[Shanghai Representative Office]
Company title: ISI-Dentsu Shanghai Representative Office
Representative: Mr. Shigetsura Suganuma
Address: Unit 01, 20th Floor, Novel Plaza, 128 Nan Jing Road, West Shanghai 200003
Opened: December 1, 2000
Details of business operations:
- This office is a representative office of the ISID Hong Kong subsidiary ISI-Dentsu of Asia, Ltd.
- The office is to provide design and planning for future China business, along with marketing for IT services and other services tailored to the needs of corporations expanding their business in the region.
- The office will also provide support for the CAD/CAM/CAE software sold by ISI-Dentsu of Asia.
These new initiatives bring the number of ISID Group offices overseas
to 7: London, Brussels, New York, Hong Kong, Singapore, Malaysia and Shanghai.
