Investing in Japan
Latest UpdatesIFS (Shanghai) Co., Ltd., a Chinese systems engineering company, establishes a Japanese subsidiary in Nagoya City, Aichi Prefecture
Sep 29, 2020
IFS (Shanghai) Co., Ltd. is a systems engineering company established in 2017 as a carve-out of the engineering business unit of a manufacturing facilities automation company SHRICO. It has 85 employees.
The company engages in developing systems for monitoring adhesives (sealing materials), engineering, and offers system solutions using industrial robots for car body drilling and cutting operations, mainly for automobile production lines. In partnership with Japanese companies, it designs and builds robotic systems and makes proposals for implementation to a number of automobile and parts manufacturers, including SAIC-GM, SAIC Volkswagen, Dongfeng Nissan, and BMW China.
In July 2019, the company established IFS K.K., a subsidiary in Nagoya City, Aichi Prefecture, to strengthen alliances with Japanese partners and expand business in Japan.
Upon establishing the company in Japan, JETRO's Invest Japan Business Support Center (IBSC) arranged meetings with local governments (Aichi Prefecture, Nagoya City), provided consultation (registration, visa, tax), and introduced service providers (certified legal specialists for company registration, banks, media).