DORMA enters the Japanese market
Joint venture agreement finalized in the presence of NRW state minister Michael Breuer
 Ennepetal (Germany)/Tokyo. The DORMA Group completes its strategic entry into the Japanese market. Initially, this involves the acquisition by DORMA, from the Japanese Group Daihatsu Diesel MFG, Co. Ltd., of 25 percent of the shares in the latter’s subsidiary Daihatsu Diesel NHN, Co. Ltd. headquartered in Osaka. Like DORMA, this company specializes in the manufacture and sale of products in the door control and automatic door system segments. A corresponding joint venture agreement was finalized in Tokyo by DORMA CEO Dr. Michael Schädlich and President of Daihatsu Diesel MFG, Tokunori Ishibashi, in the presence of North Rhine-Westphalia state minister Michael Breuer. The minister is currently visiting the NRW presentation forum in Tokyo as part of “Germany in Japan” year.
At its Osaka site in central Japan, Daihatsu Diesel MFG has been producing door closers since 1975 and automatic door systems since 1985. The company also has a close-meshed nationwide sales and distribution network, enabling it to acquire and serve a 25-percent share of the Japanese door control market. “With this share deal, DORMA has gained access to one of the globe’s most important national markets for door closers and automatic door systems, enabling it to market its own products in what is the second largest economy in the world,” commented the DORMA CEO in describing his company’s motivation behind the joint venture. For its part, Daihatsu will gain an opportunity to significantly expand its own portfolio through know-how and product transfer from DORMA as the world market leader in this segment.
Press releases and photos also available for downloading from www.dorma.com.
DORMA Group
DORMA is a globally active supplier of door technology products and systems. The company is the world market leader in door controls, movable walls and automatic door systems. The DORMA Group is subdivided structurally into five divisions: Door Control, Automatic, Glass, STA (Security / Time and Access) and Movable Walls. DORMA maintains major production plants in several European countries plus Singapore, Malaysia, China and North and South America. With an international workforce of around 6,100 employees, the Group realized sales of € 700 million in fiscal 2004/5 (30 June). The DORMA Group headquartered in Ennepetal, Germany, operates on an international scale with 65 wholly-owned companies in 44 different countries.
Daihatsu Diesel NHN, Co. Ltd.
Daihatsu Diesel NHN, headquartered in Osaka, central Japan, specializes in the manufacture and sale of door closer and door control products under the NHN brand, and also automatic door systems under the Daihatsu brand. With a workforce of 220 employees, the company generates annual revenues equivalent to roughly €37 million. Its parent company is Daihatsu Diesel MFG, Co. Ltd., whose core business lies in the production and supply of heavy-duty diesel engines (http://www.dhtd.co.jp). With a workforce of approx. 1,000 employees, Daihatsu Diesel MFG realized annual sales equating to around €400 million.
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Dr. Michael Schädlich - CEO DORMA Group
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