Thu, Aug 06, 2009
Hopes To Strengthen Group Presence In Country
EADS, the
European aerospace and defence company, has established a new
subsidiary in Japan to help coordinate and support the
Group’s marketing campaigns and industrial partnerships
there. From its office in Tokyo, EADS Japan K.K. will aim to
strengthen EADS’ presence in the country and forge further
long-term business relationships with Japanese industry and
aerospace institutions. EADS, through its divisions Airbus, EADS
Defence & Security, Eurocopter and EADS Astrium, has an
extensive European portfolio of products and services to offer in
Japan. The group already buys directly, or indirectly through its
first tier suppliers, products worth some $1 billion annually in
the country. The Japanese aerospace market is one of the largest in
the world and has great potential.
Vincent Larnicol was appointed President of EADS Japan in May
2009 having formerly been the General Delegate of EADS Libya. He
previously worked for five years for one of Japan’s leading
trading houses, Nissho Iwai Corporation – now known as Sojitz
- in both Tokyo and Paris. The EADS Japan office is located at
Akasaka, Minato-ku in Tokyo, one of Japan’s key business and
finance areas. “Establishing a subsidiary in Japan underlines
EADS’ strong commitment to the country,” said Vincent
Larnicol, President of EADS Japan. “It represents a major
step forward for EADS to further its ties with Japan and offer a
strong European alternative when it comes to aerospace partnerships
and equipment acquisition,” Mr. Larnicol added.
Christian Duhain, head of EADS International Development for
Asia/Pacific, said the Japan office has a key role to play in the
wider region. “EADS is already present in most Asian
countries with great success and opening the office in Japan will
strengthen our approach to this important market and support
tie-ups with local partners,” Mr. Duhain said.
The EADS
Group already has a significant presence in the Japanese market to
build on: Eurocopter has more than a 50% share of the civilian
helicopter market and is also a supplier to the Ministry of
Defence. Eurocopter Japan Co. Ltd. recently bought a stake in the
helicopter maintenance operations of ANA Aircraft Maintenance Co.
Ltd. EADS Astrium buys and sells space equipment in Japan while
Airbus is fully committed to this important market and is also
targeting agreements with Japanese industrial partners.
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