Mitsubishi Electric establishes sales company in Indonesia
Mitsubishi Electric Corp announced Thursday that it has established a sales company in Indonesia, named PT. Mitsubishi Electric Indonesia (Mitsubishi Electric Indonesia), to handle sales of air-conditioning systems, home appliances and factory automation beginning in March 2013.
Combining sales from these three businesses with existing manufacturing and sales for automotive equipment and elevators & escalators, the Mitsubishi Electric Group aims to raise consolidated annual sales in Indonesia to some 23 billion yen by the fiscal year ending in March 2016.
The new company will help to strengthen links with current distributors and sales agents for expanded business in Indonesia, a priority market for Mitsubishi Electric.