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Premium Group (7199) · InitiativeRestated

Joint venture expansion of the warranty business in Indonesia

First written in FY2018-Q3. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2024.

4entries
7years
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ProgressHeldSoftenedWorseAdvancedFY2018 – FY20192018: 220182019: 120192020: 020202021: 020212022: 020222023: 020232024: 12024
Same theme, other companies
Joint development of an overseas warranty and breakdown warranty business originating in IndonesiaA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「In the Republic of Indonesia, the Company operates a consulting business related to the development and design of breakdown warranty products through PT Premium Garansi Indonesia, a joint venture with Sumitomo Corporation (Note) and the local conglomerate Sinar Mas Group. In the Republic of the Philippines, it operates a breakdown warranty business through Premium Warranty Services Philippines, Inc., a joint venture with Mitsui & Co., Ltd. and an affiliate of local conglomerate GT Capital Holdings.」

    The Company continues its international expansion, with product development and design consulting in Indonesia, a breakdown warranty business in the Philippines, and a breakdown warranty and vehicle repair business in Thailand.
  2. FY2019AdvancedAnnual report

    「In November 2017, the Company also established PT Premium Garansi Indonesia in the Republic of Indonesia as a joint venture with Sumitomo Corporation (Note) and the Sinar Mas Group, and launched its warranty business.」

    The business progressed from consulting on the development and design of warranty products following the establishment of the joint venture to the launch of the warranty business in Indonesia.
  3. FY2018AdvancedAnnual report

    「In November 2017, the Company established PT Premium Garansi Indonesia in the Republic of Indonesia as a joint venture with Sumitomo Corporation and the Sinar Mas Group, and began providing consulting services related to the development and design of warranty products.」

    Following the establishment of the joint venture, the business progressed to the launch of consulting services for the development and design of warranty products in Indonesia.
  4. FY2018-Q3First statedAnnual report

    「As a new business service, the Company established the local entity PT Premium Garansi Indonesia in the Republic of Indonesia in November 2017 to promote its warranty business there, through a joint venture with Sumitomo Corporation (Note), affiliates of the Sinar Mas Group, one of Indonesia's three major conglomerates, and other parties.」

    In November 2017, the Company established a local entity through a joint venture with Sumitomo Corporation and affiliates of the Sinar Mas Group.
Moved together

"Expanding Transaction Touchpoints through MULTI ACTIVE" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Expanding Transaction Touchpoints through MULTI ACTIVE2×
  3. 2Improving utilization through sales staffing, sales expertise and merchant relationships2×
  4. 3Expanding the warranty business through broader partnerships and cross-selling with credit services2×
  5. 4Revenue and Profit Growth2×
  6. 5Establishing an Operating Structure for the Automotive Maintenance Business2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Joint venture expansion of the warranty business in Indonesia | Premium Group Co.,Ltd. (7199) | Komori