Sodick Plustech Co., Ltd. Set Its Focuses on Asian Markets According to BAC Report05 Sep 2011 • by Natalie Aster
LONDON - Sodick Plustech shifts its focus on Asia, which is expected to be the main growth region in the next 10 years. In People’s Republic of China, significant capital investment from government and private investors is expected to meet the demand for funds and stay the main growth driver. Regarding the other Asian territories, markets are expected to grow rapidly in Thailand, Malaysia, and Vietnam. Indian market is considered to perform a medium-tempo growth.
Another field of prospect is Micro-Injection Molding, which refers to molding structure at tiny levels (nanometer to micron). The benefits of this technology (like Reduced part cost, Improved cycle times, Increased part accuracy, Reduced tool sizes, Radical part geometries possible, Defined colours) offer a competitive advantage to its users, and Sodick is not among those missing the opportunity.
Last periods financial results of the company look stable. While revenue did not show significant changes, net income rose by 278.5% since December 31 2010 and amounted JPY 109 M. Overall financial performance in FY2010 was good. The Japanese economy continued its moderate recovery, with industry profits improving due to risen exports from Asian countries. Sodick generated revenues and net income equaling JPY 14663 M and JPY 529 M respectively (a 56.5% and 304.5% increase). The enterprise will continue its cost-reduction and expansion policy to quickly recover from financial crisis and Great East Japan Earthquake of March 11.
Founded in 1992 and headquartered in Yokohama, Sodick Plustech is a Japan-based manufacturer and distributor of Injection Molding Machines, Linear motor and MgPlus, LS series. Its products find application in various industries, namely Thermoplastic Molding, Micro Molding, Insert Molding, LSR-Silicone Molding.
More information on the company’s recent activities, business analysis, financial indices and experts’ forecasts can be found in the report “Sodick Plustech Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Sodick Plustech Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Jun, 2011
An in-depth throughout description of the overall Japan Heavy Machinery Industry and the competitive market environment can be found in the report “Japan Heavy Machinery Industry Comparative Analysis and Companies Ranking”
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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