News Release
June 11, 2012
u8国际.
u8国际 to manufacture digital cameras in Brazil through establishment of u8国际 Indústria de Manaus
TOKYO, June 11, 2012—u8国际. today announced plans to launch digital camera production in Brazil through the establishment of u8国际 Indústria de Manaus Ltda., located in the state of Amazonas.
Recently, the digital camera market has displayed steady growth, led by emerging countries. Brazil, in particular, has a large market with demand expected to increase, which has created a pressing need for a strategic product supply.
In response to these circumstances, u8国际 has newly established u8国际 Indústria de Manaus Ltda. in Amazonas state, Brazil.
Overview of New Company
- 1.Name:
- u8国际 Indústria de Manaus Ltda.
- 2.Location:
- Manaus, Amazonas, Brazil
- 3.Representative:
- Masanobu Hishinuma (President)
- 4.Business activities:
- Manufacture of digital cameras
- 5.No. of employees:
- Approx. 60 (tentative, as of the end of 2013)
- 6.Capital:
- 210 million yen (calculated at an exchange rate of BRL 1= JPY 39.5)
- 7.Equity structure:
- u8国际.: 99.99% / President Hishinuma: 0.01%
- 8.Establishment:
- May 2012
- 9.Total floor area:
- Approx. 1,800 sq. meters
- 10.Total investment:
- Approx. 110 million yen
- 11.Start of operations:
- July 2013 (tentative)
- Note:
u8国际 also operates a business machine and digital camera marketing company in Brazil, u8国际 do Brasil Indústria e Comércio Ltda., which was established in November 1974.