Expansion of the Air-Conditioning Business in Indonesia
First written in FY2017. 5 of 12 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-11-10.
0 other companies' latest entry also says "Advanced".
- FY2025RestatedAnnual report
「To achieve sustainable growth for the Group, we will expand our overseas business by broadening our solutions, customer base and geographic reach while strengthening our human resources and organisational structure. In particular, in Southeast Asia, where the market is expanding, we aim to grow the operations of our local bases and expand our business by actively using M&A.」
The company continues its policy of expanding its Southeast Asian presence and using M&A in its overseas business, which includes bases in Indonesia, Vietnam, Singapore, Malaysia, China, Thailand and elsewhere. - FY2024AdvancedAnnual report
「December 2023: Established Quantum Automation (Thailand) Co., Ltd. / At a meeting of the Board of Directors held on 21 June 2024, the company resolved to make a capital increase in its unconsolidated subsidiary, Totech Vietnam Solutions Co.,Ltd., to strengthen its financial base. ① Capital increase subscription amount: USD 2,000 thousand」
In its overseas business, the company expanded its Southeast Asian presence by establishing a Thai subsidiary in December 2023, in addition to its existing operations in Singapore, Indonesia, Vietnam and elsewhere. After the filing date, it also resolved to inject USD 2,000 thousand into its Vietnamese subsidiary. - FY2022AdvancedAnnual report
「In addition to expanding the operations of our existing Indonesian subsidiary, in fiscal 2021 we established a local subsidiary in Vietnam and acquired an instrumentation contractor in Singapore. Going forward, we will steadily expand the performance of these 3 locations while actively considering launching operations in Malaysia and entering Thailand.」
The company established a local subsidiary in Vietnam and acquired an instrumentation contractor in Singapore, expanding its overseas locations to 3. Launching operations in Malaysia and entering Thailand are also under consideration. - FY2022-Q2AdvancedAnnual report
「There were no changes in major affiliated companies, but during the second quarter of the current consolidated fiscal year, the company established and invested in Totech Vietnam Solutions Co., Ltd. in the Socialist Republic of Vietnam as a wholly owned subsidiary. It is classified as an unconsolidated subsidiary based on materiality considerations.」
While the company had stated its intention to expand the Indonesian business and enter Vietnam and other markets, it established and invested in a wholly owned subsidiary in Vietnam. It has put in place a concrete structure for selling air-conditioning equipment and other products and providing various construction, maintenance and repair services in Vietnam. - FY2021RaisedAnnual report
「We will expand the Group's overseas business by expanding the operations of our existing Indonesian subsidiary and seeking to establish operations in Singapore, Vietnam and other countries.」
In addition to expanding the Indonesian business, the company has explicitly stated its intention to enter Singapore, Vietnam and other markets, broadening the geographic scope of its overseas business. - FY2020RestatedAnnual report
「Air-conditioning equipment sales … sold by the company, 東テク北海道㈱ and PT.Prima Totech Indonesia, and imported and sold by アーチバック㈱.」
Sales of air-conditioning equipment and related products in Indonesia through PT.Prima Totech Indonesia continue as an overseas business operated by an unconsolidated subsidiary. - FY2018RestatedAnnual report
「Sales are made by the company, 東テク北海道㈱ and PT.Prima Totech Indonesia.」
Sales of air-conditioning equipment and related products in Indonesia through PT.Prima Totech Indonesia continue as an overseas business operated by an unconsolidated subsidiary. - FY2017First statedAnnual report
「December 2016: Acquired PT.Prima Totech Indonesia. Sales, installation, maintenance and other services for air-conditioning equipment in Indonesia」
The acquisition of PT.Prima Totech Indonesia, which sells, installs and maintains air-conditioning equipment in Indonesia, is described as a specific measure to establish the overseas business platform. The company is classified as an unconsolidated subsidiary.