Founded in 1916, Daido Steel Co. Ltd. delivers specialty steel for automotive, industrial and electrical machinery parts. The company is successfully strengthening its presence across Asia and is committed to developing its business in Singapore.

“Our strategy is to reinforce our supply-chain capabilities to meet the demands of our customers,” says Tadashi Shimao, President and CEO of Daido Steel. “With a population of 600 million, Southeast Asia is a huge market and we want to work more closely with our clients and supply our customers across the region.”

Tadashi Shimao, President and Chief Executive Officer, Daido Steel Co. Ltd.

CKD’s component division accounts for the company’s other business segment.The company’s 7,000 product categories in pneumatic and fluid control components are used in a variety of industries and applications including pneumatic-controlled components for use in folding bus-doors.

Kazunori Kajimoto, President, CKD Corporation

“While providing key solutions to manufacturing industries in Southeast Asia, we also want to contribute to the improvement of societies,” says Kajimoto. “By offering unique and better values to customers, we will continue to develop our relations in Southeast Asia and Singapore and we look forward to the next fifty years.”

As a regional financial hub, Singapore offers unrivalled accessibility to financial markets and international investors. Nissay Asset Management (NAM), a strategic subsidiary of Nippon Life Insurance Company, one of Japan’s largest life insurers, established its first overseas office in Singapore two years ago. Today, the company is taking advantage of Singapore’s financial market strengths and expanding its asset management business.

With a reinforced investment team, a strengthened product offering and an expanded client network, NAM has seen its assets under management increase from USD 42 billion (as of 31 Dec 2011) to USD 70 billion (as of 31 Dec 2014) in the past three years.

“We see momentum in our management business and are strengthening our investment capabilities in Japan and the rest of Asia by expanding our client network,” says Ujihara.

‘We see momentum in our management business and are strengthening our investment capabilities in Japan and the rest of Asia.’

Kiyoshi Ujihara, President and Chief
Executive Officer, Nissay Asset Management
Corporation

As Southeast Asia becomes a more integrated economic community, numerous infrastructure and natural resources projects are being delivered across the region.With significant investments being made, insurance programs play a central role in ensuring the success of large projects.

“Our expertise as a reinsurance broker is based on our leading risk-management solutions and comprehensive consultancy services for engineering, energy and infrastructure projects,” says Jun Yamaguchi, President and CEO of Marnix Corporation. “This separates us from our competitors as we are able to leverage the strengths of our holding company, Marubeni Corporation,and deliver comprehensive solutions to our clients.”

2011 saw the company establish its Singapore subsidiary, Marnix Insurance Brokers Asia Pte. Ltd. (MIBA).A licensed reinsurance broker approved by the Monetary Authority of Singapore, MIBA was the first reinsurance broker in Singapore to be fully owned by a Japanese company. By engaging with, and competing in the dynamic Singaporean reinsurance market, MIBA is able to react more quickly to market opportunities.

‘Singapore is a strategically important market for gathering information on insurance industry developments.’

Jun Yamaguchi, President and CEO, Marnix Corporation

Toshiba Corporation and Mitsubishi Electric Corporation integrated their industrial systems divisions in 2003 to establish Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC).

The company is a market leader in different industries among which are pulp and paper, oil and gas, mining and metal industries and also serves the global chemical, electronics, automotive, machinery, and food industries. An increased demand in particular in the South East Asia region has led to the company strengthening its operations and brand equity.

“Our products and solutions are at the forefront of technology,” says Dr Stefano Poli, President and Managing Director of TMEIC Asia. “Our goal is to communicate with potential customers across Asia, share our brand values and drive our clients’ businesses forward”.

Italian national, Dr Poli, who also serves as the President of the European Chamber of Commerce in Singapore and as Member of the Singapore Business Federation Council has been tasked with expanding TMEIC’s business in Southeast Asia.

Kiyotaka Machida,
President & CEO of TMEIC

Stefano Poli, President and Managing Director, TMEIC Asia

In Singapore, TMEIC delivers among other products and systems Electric Drive Solutions for large compressors used in LNG plants, oil and gas plants and pipeline projects. “Singapore is a very important market for us in our material handling business and we intend to expand our business in the downstream oil and gas industry and focus on middle and upstream activities in the future,” underlines DrPoli. Representing the importance of Singapore to its activities, TMEIC’s Singaporean branch office will be converted into a regional headquarter function in October of this year.

“We are confident of our continued success in Singapore and the region,” says Dr Poli. “We will continue to deliver highly technical products and solutions while providing first-class customer service”.

A decade after Singapore declared independence from Malaysia in 1965, Meidensha Corporation established itself in the city-state to actively contribute to the development of the young nation.

The company brought its expertise and know-how as an electrical equipment manufacturer to power distribution and water treatment projects across the country. Initial close relations with government agencies such as the Economic Development Board (EDB), Agency for Science, Technology and Research (A*STAR), National Water Agency (PUB) and Land Transport Authority (LTA) continue to this day.

“As a government oriented economy, we have developed our relationship with Singapore for many years,” says Mamoru Sugii, Director and Senior Managing Executive Officer of Meidensha Corporation and Managing Director and Regional Executive for ASEAN and South and West Asia of Meiden Singapore Pte Ltd. “In line with Singapore’s population growth, infrastructure projects in the northern area of Singapore such as railway power-supply systems are being rolled out. By strengthening our activities in Singapore, we aim to be an active player in key infrastructure projects”.

Mamoru Sugii, Director and Senior Managing Executive Officer of Meidensha Corporation and Managing Director and Regional Executive for ASEAN and South and West Asia of Meiden Singapore Pte Ltd.