Expansion of Overseas Sales Bases and Local Subsidiaries

「Under our overseas strategy, we opened “YUASA SAKURA HOUSE,” a model home in the Lat Krabang district of Bangkok, Thailand, in December last year, bringing together Japanese housing solutions in collaboration with multiple Japanese manufacturers.」

「Under its overseas strategy, the Group worked to strengthen its regional strategy by establishing new sales offices for its local subsidiaries in India and Vietnam, among other initiatives.」

「We are constructing a new head office for our Thai local subsidiary in Bangkok, Thailand, incorporating a showroom, and plan to hold “YUASA Grand Fair in Thailand,” a comprehensive exhibition in February 2025 under the theme “Connecting Japanese and Thai Culture.”」

「In March 2024, we resolved to acquire shares in the HENKO Group, a machinery trading company operating in Southeast Asia, strengthened sales of factory equipment to locally capitalized companies in the ASEAN region, and developed a structure for expanding the overseas business, including initiatives for the “YUASA Grand Fair in Thailand,” a comprehensive exhibition scheduled for February 2025 under the theme “Connecting Japanese and Thai Culture.”」

「The Group established a South Asia bloc to strengthen its overseas strategy and strengthened its structure to maximize its integrated capabilities overseas.」

「Overseas, raw material and labor costs rose, while economic conditions in the United States and Southeast Asian countries including Thailand, Vietnam and Indonesia continued to recover gradually. In China, however, economic growth slowed due to the zero-COVID policy.」

「Overseas, prices for parts and materials and labor costs rose, but economic recovery continued, led by the United States. While economic conditions also showed signs of recovery in Southeast Asian countries including Thailand, Vietnam and Indonesia, economic growth in China slowed under the authorities' “zero-COVID” policy.」

「Overseas, the Group strengthened sales to locally capitalized companies in China, Thailand, Vietnam and other markets.」

「We also worked to strengthen the sales structure in overseas markets, mainly Mexico, India, the United States, China and Southeast Asia.」

「We also worked to strengthen our sales platform in overseas markets, mainly North America.」

「In the overseas business, we worked to develop and strengthen the sales structure and to strengthen proposal-based sales capabilities, including production automation.」

「Establishment of the fourth U.S. local subsidiary location (New England Branch); strengthening the sales structure for locally capitalized companies; establishment of an Overseas Strategy Office; selection of overseas-assignment personnel; and establishment of a training system.」

「We worked to strengthen our proposal-based sales capabilities for “automation” and “environmental, energy-saving and cost-saving” solutions at factories, as well as to strengthen our sales platform in overseas markets, mainly North America.」

「The Company worked to develop and strengthen five growth business fields: overseas business and robot (AI) and IoT business aimed at global growth, and new distribution business, environmental and energy solutions business, and resilience and security business responding to the expansion of e-commerce.」

「The Company worked to develop and strengthen five growth business fields: overseas business and robot (AI) and IoT business aimed at global growth, and new distribution business, environmental and energy solutions business, and resilience and security business responding to the expansion of e-commerce.」

「In its overseas business, the Company worked to develop a production goods sales structure in North and Central America through expansion of the machine tool market in the United States and to strengthen its proposal capabilities. It also established a new local subsidiary in Thailand to strengthen its engineering business, with a view to expanding its overseas environmental and energy business, mainly in Asia.」

「In its overseas business, the Company established a local subsidiary in Thailand to strengthen its engineering business, while developing a production goods sales structure in North and Central America by expanding the machine tool market in the United States, and worked to expand its overseas environmental and energy business, mainly in Asia.」

「In the overseas business, we newly opened a sales office in South Carolina, U.S., and focused on expanding machine-tool sales mainly in North and Central America by strengthening the sales capabilities of our local subsidiary. We also advanced the expansion of the overseas business, including the establishment of a new local subsidiary in Malaysia to strengthen the overseas construction-equipment business.」