Sato Shoji Corporation Expands Overseas Business with Foreign Partners

Sato Shoji Corporation, Japanese major metal trading house, plans to expand overseas business along its new midterm management plan starting in April 2012, involving construction of a processing plant for engine parts in Thailand, metal component import in cooperation with South Korean partner processor and plastic product import through European partner plastic maker. Sato Shoji aims to follow the demand growth in emerging countries and contributes to domestic customers by multilateral trade under strong yen trend. The firm targets 200 billion yen of consolidated net sales with 5 billion yen of recurring profit and 3 billion yen of net profit in next 3-5 years.

Sato Shoji plans to construct a processing plant for engine parts in Thailand and to supply steel products to Japanese local factories. The firm eyes same scheme plant constructions in other countries. As for the international trade, Sato Shoji will enhance metal component import from South Korea by utilization of partner network covering casting, forging, heat treatment or machine processing businesses in the country.

Sato Shoji also cooperates with European composite resin maker and processor to import plastic products for machines from Europe. The firm already started to supply sample products to Japanese users. The commercial sales are expected to commence in April 2012. In Indonesia, Sato Shoji plans to grade up the local office in Jakarta to the local company. In India, the firm examines establishment of a local office to enter expanding market.