News for Investors
January 10,2014
Canon Marketing Japan Inc.
Yoshiyuki Matsusaka
Vice President
Group Executive
Communications Headquarters

Canon IT Solutions Inc., a Group Company of Canon Marketing Japan Inc., Made an IT Company in Thailand a Subsidiary

Canon IT Solutions Inc., a Group company of Canon Marketing Japan Inc., has acquired shares in Material Automation (Thailand) Co., Ltd., which has an excellent track record of more than 20 years in Thailand and is highly regarded for its provision of IT services to Japanese companies advancing into the Thai market, to make it a subsidiary for the purpose of enhancing the structure for the IT service business in Southeast Asia. Material Automation (Thailand) Co., Ltd. has a local subsidiary in Vietnam, and we will continue to promote the expansion of the IT business proactively in the Southeast Asian region, centering on Thailand, a country that has been enjoying solid growth in recent years, with our eyes on the ASEAN Economic Community to be established in 2015.

Overview of Material Automation (Thailand) Co., Ltd.

  1. Company name
    Material Automation (Thailand) Co., Ltd.
  2. Location
    Bangkok, Kingdom of Thailand
  3. Number of employees
    171 (as of December 2013)
  4. Business
    Solution business for Japanese companies (the manufacturing industry in particular) advancing into Thailand
    (IT infrastructure building, engineering-related software, and production management systems)
  5. Established
    January 1992
  6. Capital
    50 million baht (approximately 160 million yen)
  7. Annual sales
    Approximately 2.0 billion yen (2013) *1 baht = 3.2 yen