Notice of Establishment and Start of Operation of Local Affiliate in the United States
OPTEX FA CO., LTD. (headquarters: Shimogyo-ku, Kyoto; President: Tatsuya Nakajima), a leading manufacturer of industrial sensors, has established OPTEX FA INC. as a sales subsidiary handling factory automation-related products in the North America region, with operations beginning April 2, 2018. OPTEX FA INC. will serve as the first local subsidiary of OPTEX FA CO., LTD. in the United States.
As with advancements in Europe and China, OPTEX FA INC. will allow us to fully enter the US factory automation market, where future growth is expected. OPTEX FA INC. will also provide an expanded sales network, development of new markets including the automobile industry (acquisition of new customers), and development of on-site proposal-based business, all allowing for expanded overall sales.
Overview of the Subsidiary
|Name||OPTEX FA INC.|
|Address||10 North Martingale Road, Suite 400, Schaumburg, Illinois 60173, U.S.A.|
(Near Chicago, Illinois)
|Main Business||Supply/sales of industrial sensors and other equipment|
|Capital||1 million USD |
(approx. 106 million JPY at a rate of 106 yen per dollar, as of March 14, 2018)
|Capital Structure||OPTEX FA CO., LTD.: 100%|
|Accounting Period||End of December|