Expanded Procurement and Enhanced Quality Assurance Management in China Nikon International Trading (Shenzhen) Co., Ltd. Established
March 26, 2007
Nikon Corporation (Michio Kariya, President) is pleased to announce the establishment of Nikon International Trading (Shenzhen) Co., Ltd., a wholly owned international procurement subsidiary, in Shenzhen, China. This new company has been launched to expand procurement of parts and components for imaging products, including digital cameras, with improved quality control and more timely delivery. Operations will commence on April 1, 2007.
The International Procurement Office, established as a part of Nikon Hong Kong Ltd. in 1998, has played a role in Nikon's procurement strategy to expand its business steadily. As part of our imaging business production strategy, Nikon foresees the need for improved management of an increasing number of parts procured in China, as well as increased quality assurance and improved delivery times. It is for these reasons that Nikon has established this wholly owned international procurement subsidiary as a base for procurement operations in China.
We believe that the establishment of this local subsidiary will help to advance our production strategy, allowing us to provide high-quality products that respond even better to users' needs, thus enhancing Nikon's already significant market presence.
Company Overview
| Name | Nikon International Trading (Shenzhen) Co., Ltd. |
|---|---|
| Address | 7th Floor, Tower A, Shenzhen Zhongtianyuan Logistics Centre Taohua Rd., Futian Free Trade Zone, Shenzhen 518038, China |
| Capital | US$500,000 (approx. ¥55,000,000; 100% from Nikon Corporation) |
| Representative | Yasuaki Ishiguro, Director & General Manager |
| Employees | Approximately 35 at outset |
| Primary operations | Procurement and wholesale of parts and components for imaging products, testing and inspection of products, parts, and components, and technical guidance |
| Start of operations | April 1, 2007 |
- The information is current as of the date of publication. It is subject to change without notice.