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February
2004
Established a textile products distribution processing company
in Qing Dao China |
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China is the world's largest textile products manufacturing
area and is also the market with the most potential, so we planned
to build our own distribution function for the N.I. Teijin Shoji
Group in China. In October 2003 our two affiliated subsidiaries,
NAPS Co. Ltd. and N.I. Textiles Co., Ltd. jointly established the
distribution processing company QINGDAO NAPS TEXTILE Co., Ltd. in
Qing Dao in Shandong Province. The company began full operations
in February 2004.
The company has been able to carry out quickly and accurately needle-inspection,
price label attachment, general inspections and assortment that had
been done until now in Japan, and it has gained the full confidence
of apparel OEM sourcing companies as strong partner in quick delivery.
From now on, N.I. Teijin Shoji Group will make full use of the functions
of this new company, and plans to develop it as the core of Chinese
distribution operations for the Group. |
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