TAKASAGO JAPAN / SINGAPORE

Founded in 1923, Takasago Thermal Engineering Co., Ltd. is Japan's largest company specializing in Heating, Ventilation, and Air Conditioning (HVAC).  The company's mission is to make people's lives more pleasant and contribute to society as a whole by creating comfortable environments.  Building upon a solid theoretical foundation in thermal dynamics, fluid dynamics and electronics, Takasago uses its own leading-edge technology to design and install systems that meet the requirements of a diverse building applications .

Takasago Singapore Branch was registered as a foreign company in Singapore in 1974.  Since then the Branch has established a strong track record in supply of the state-of-the-art cleanroom systems for high-tech factories such as semicondutor manufacturing plants, disk drive manufacturing facilities, pharmaceutical plants, laboratories, etc.  It has also installed substantial HVAC systems for high-rise buildings, hotels, shopping centres, ordinary factories, etc.

Takasago is continuing its R & D efforts in a broad range of fields to respond to global environmental problems and other diverse needs of society.

OTHER OVERSEAS BUSINESS

Takasago's Hong Kong, and Taiwan Branches have also established a strong track record in the supply of clean rooms for high-tech factories and HVAC systems for high-rise buildings, shopping centers and other such large-scale establishments.  In China, we have set up representative offices in Shenzhen and Suzhuo, focal points for many Japanese, European, and U.S. companies, and we are participating in several regional development projects sponsored by the Chinese government.  We have also set up companies in Malaysia, Thailand, and the Philippines as part of our strategy to raise our presence in Southeast Asia.  

In the latter half of the year ended March 31, 2001, Southeast Asia provided a difficult operating environment for obtaining orders due to lower capital expenditures by IT-related companies.  However, Takasago is strengthening its price competitiveness in the region by promoting a number of initiatives, including more recruitment of local staff.