So far, we have established a representative office in Vietnam in 2009 and have been considering full-scale business expansion into the Southeast Asian region. On the other hand, due to the increasing momentum of relocation of production sites from Japan to Asian countries, Japanese construction industry, equipment construction business, users such as food processing industry and manufacturing industry, etc., have the same quality and stability as in Japan. We have received requests for product provision on time.
Therefore, with the aim of meeting the various demands of Japanese users in each industry, we have reorganized the Vietnam representative office as a local subsidiary and Nikkei Panel System Vietnam Company Limited.) was newly established in 2011.
As a member of the Nippon Light Metal Group, a comprehensive aluminum manufacturer, we are in charge of the insulation panel business, and with an integrated system from development, design, production to construction, we are creating various spaces that our customers demand.
Insulation panel products provided by our company are used in low-temperature fields such as large refrigerators and refrigerators and food factories, and interior insulation panels for clean rooms are used in electrical and electronic product factories, pharmaceutical and medical equipment manufacturing factories, and even in data centers. It is active in a wide range of fields as one of the indispensable infrastructures.
In addition, we are expanding our business to distribute products using panels from local manufacturers in Vietnam. We aim to use both our own products and those of domestic manufacturers to provide high quality products to customers in Vietnam.
It's been about half a century since we started producing heat insulating panels. We have the industry's top knowledge and know-how as a leading company in the industry in a series of fields such as sales, development, design, production and construction. We will continue to build on this foundation and continue to create spaces that are more useful to our customers.
We look forward to your continued support and encouragement.
MANAGING DIRECTOR
YASUSHI TORII