Nissan, Four Group Firms to Set Up Service Support Company
JapanCorp: <http://www.japancorp.net/?page_num=1> Nissan, Four Group Firms to Set Up Service Support Company Tokyo, Japan, Feb. 06, 2004 - (JCN Newswire) - Nissan Motor Co., Ltd and its four major vehicle and parts manufacturers, Nissan Shatai Co., Ltd., Aichi Machine Industry Co., Ltd., Nissan Kohki Co., Ltd. and JATCO Ltd., will merge their ten service support subsidiaries and establish a new company called "Nissan Creative Services Co., Ltd." on April 1. The service subsidiaries are currently held under a holding company structure by SSKK Holdings Co., Ltd. established on October 1, 2003. By merging their subsidiaries into one company, Nissan and its group companies hope to realize economies of scale and reduce overlapping operations in the area of service support. At the same time, the new company will also be encouraged to explore business opportunities outside the Nissan group, further strengthening the company's quality and cost competitiveness. Outline Company Name: Nissan Creative Services Co., Ltd. Head office: 2384 Kamiyabe-cho, Totsuka-ku, Yokohama-city, Kanagawa President: Masahiko Aoki (current president of Nissan Koe Co., Ltd.) Capital: 90 million yen Sales: 50 billion yen Number of employees (initially): ca. 3,800 (incl. temporary workers) Description of business: To provide service support to companies, including Nissan Motor Co. group members, in areas such as sales of insurances and goods, maintenance of manufacturing facilities, security management, management of facilities and equipment, management of vehicle operations, and contracted office work management Companies to be merged: Nissan Koe Co., Ltd., Nissan Security Service Co. Ltd., Nissya Service Co. Ltd., Sunguard Co. Ltd., GS Co. Ltd., Aichi Estate Service Co. Ltd., Aichi Engineering Co. Ltd., PS Co. Ltd., JATCO Service Co. Ltd. and JATCO Food Co. Ltd. About Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. was established in 1933 to manufacture and market the Datsun, a small passenger car, and related automotive components. The company is Japan's second largest automobile manufacturer and the world's fifth, with annual global sales of 2,415,433 vehicles. The company markets a wide range of passenger cars, commercial vans, trucks and buses, parts and components in over one hundred and seventy countries. The company has also expanded its operations to include forklifts, textile machinery and other industrial machinery and equipment. Nissan's affiliation with French automaker Renault in 1999 has helped produce Nissan's best results in a decade. The company has three hundred and forty two consolidated subsidiaries worldwide. Consolidated sales in FY 2000 exceeded $49 billion dollars (Euro 55 billion.)For further information, please visit the Nissan Motor Co., Ltd. home page at: www.nissan.co.jp/EN/ <http://www.nissan.co.jp/EN/> _____ Feb. 06, 2004, 14:39 (JST) Source: Nissan Motor Co., Ltd. Nissan Motor Co., Ltd. www.nissan.co.jp/EN/ <http://www.nissan.co.jp/EN/> From the Japan Corporate News Network www.japancorp.net <http://www.japancorp.net> Topic: Establish New Company Sectors: Auto Manufacturing, Auto Parts & Equipment, Auto General Copyright © 2004 JCN Newswire <http://www.japancorp.net> . A division of Japan Corporate News Network KK. All rights reserved. If you believe you have received this news in error or would like to be removed from our mailing list please respond here <http://www.japancorp.net/unsubscribe.asp> and you will be removed from our mailing list.