Bringing Chinese Digital Solutions to Japan through an Equity Investment in MBP SMARTEC
First written in FY2020-Q2. 1 of 2 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company also promoted stronger collaboration with external companies, including an equity investment in 株式会社ジェイエスピー (headquartered in Yokohama, Kanagawa Prefecture; Representative Director: Inada Akinori (稲田彰典)) and MBP SMARTEC株式会社 (headquartered in Tokyo; Representative: Zhu Feng (朱峰)).」
The company continues to describe stronger collaboration with external companies, including its equity investment in MBP SMARTEC, in its full-year results presentation. - FY2020-Q2First statedAnnual report
「The company acquired an equity interest in MBP SMARTEC株式会社 (headquartered in Tokyo; Representative: Zhu Feng (朱峰)), a strategic subsidiary of China's TIZA (headquartered in Nanjing, Jiangsu Province), to bring solutions using advanced Chinese digital technologies to the Japanese market. The company aims to introduce advanced Chinese digital solutions to Japan promptly and establish the brand at an early stage. In particular, it will combine the TIZA Group's broad technological capabilities accumulated in areas including IoT and big data with intra-mart's automation expertise to provide services that accelerate the improvement of operational efficiency at Japanese companies.」
The company has newly described an initiative to acquire an equity interest in MBP SMARTEC, a strategic subsidiary of China's TIZA, and bring services combining the TIZA Group's IoT and big data technologies with its own automation expertise to the Japanese market. MBP SMARTEC has also been included in the scope of equity-method accounting from the second quarter of the current fiscal year.