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