DGAP-News: Initation Enterprises Company Ltd.: Corporate News of Initation Enterprises Company Limited (June of 2011)
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Initation Enterprises Company Ltd.: Corporate News of Initation
Enterprises Company Limited (June of 2011)
17.06.2011 / 14:55
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Corporate News of Initation Enterprises Company Limited (June of 2011)
Initation Enterprises Company Limited is launching the new marketing policy
and strategy. Due to the Earthquake and Tsunami in March 2011, which lead
to Japanese companies increase placing order in China since May 2011,
Initation Enterprises Company Limited signed a new Agreement with Satori
S-Tech Co., to produce the Spare Parts for their Switch Products and
Assembling. The first order will be processed in July and export to Japan
by Luhe Factory. The new agreement would target to increase the Sales
Revenue approximately by USD 2.3 million in the current fiscal year (April,
2011 to March, 2012). Satori is one of the main suppliers of Makita
Corporation, which is the larger supplier of power tools in Japan.
At the mean time, Initation Enterprises Company Limited is negotiating with
Daiichi Co., which is one of the top 5 suppliers in Japan special for Slot
Machines. Daiichi Co., have do the factory visit and fully satisfied with
the standard provided by Initation Enterprises Company Limited. Currently,
the order placed by Daiichi Co. in China approximately amount to USD64
million. We are targeting to be one of the major suppliers of Daiichi and
get approximately 20% market shares of their orders in China in the future
by step. If the new agreement can be signed and start manufacturing in
September or October with Luhe Factory, Initation Enterprises Company
Limited would further increase Sales Revenue approximately by USD 7.7
million in the current fiscal year (April, 2011 to March, 2012) .
End of Corporate News
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17.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Media archive at www.dgap-medientreff.de and www.dgap.de
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129000 17.06.2011
Datum: 17.06.2011 - 14:55 Uhr
Sprache: Deutsch
News-ID 34416
Anzahl Zeichen: 0
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Kategorie:
Business News
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