Yamaha Motor : Restructuring the Mold Production System Transfer of mold and die business from Melco Co., Ltd.
04/03/2012| 04:02am US/Eastern
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Yamaha Motor Co., Ltd. (YMC) is currently working to globally
consolidate the system for mold and die production operations
that until now have been conducted independently by the
company's motorcycle, outboard motors and other business
operations, and by group companies in Japan and overseas. As
part of this restructuring, the ownership of Yamaha Motor
subsidiary Melco Co., Ltd.'s mold and die businesses in Japan
and Indonesia will be transferred to YMC as of April 1,
2012.
The aim of global consolidation of the system for mold and
die production is to strengthen the manufacturing,
engineering and marketing functions of the Yamaha Motor group
by (1) further developing molding technology, (2) unifying
the mold and die production process, (3) reducing overall
cost and (4) shortening lead time for developing products and
moving them into production.
In the ASEAN region in particular, this consolidation along
with the start of operations at the ASEAN Integrated
Development Center will strengthen YMC's direct involvement
in the consolidation of mold and die production and
facilitate more efficient product development and increase
the market competitiveness of resulting products.
In 2011, YMC created a Mold Technology Division within the
Technology Center's Manufacturing Technology Section as an
organization to implement a strategy of globally
consolidating all of the processes involved in molds, from
mold design and production to preservation and storage.
The transfer of ownership of Melco's mold business to YMC now
completes the consolidation of all divisions involved with
molds for the ASEAN region and the global Yamaha Motor
group.
Employees of Melco Co., Ltd. will now become employees of
Yamaha Motor Co., Ltd. and ownership of its mold and die
production facilities will also be transferred to YMC.
Yamaha Motor is currently working to increase its corporate
value through sustainable growth by expanding "business
scale," improving "financial strength" and augmenting
"corporate strength" as outlined in the next medium-term
management plan. This initiative falls in the realm of
efforts to augment "corporate strength" and will surely
contribute significantly to the company's ongoing efforts to
strengthen its engineering, manufacturing and marketing
functions.
Melco Co., Ltd. Corporate Profile (as of March 30, 2012)
(1)NameMelco Co., Ltd. (2)RepresentativeHiroshi
Matsumoto, President and Representative Director
(3)Headquarters1207 Goudaijima Iwata Shizuoka 438-0114
Japan (4)BusinessesDesign, manufacture and sales of molds
and dies (5)Annual turnover1,766 million yen (Fiscal
2011) (6)Capital350 million yen (7)EstablishedJuly 24,
1986
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This press release was issued by Yamaha Motor Co. Ltd. and was initially posted at http://www.yamaha-motor.co.jp/global/news/2012/0402/mold-production.html . It was distributed, unedited and unaltered, by noodls on 2012-04-03 09:58:02 AM. The issuer is solely responsible for the accuracy of the information contained therein.
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