Singapore - SATO, a pioneer in the Automatic Identification and Data Collection (AIDC) industry and a leader in barcode printing, labelling, and EPC /RFID solutions, announced today the establishment of SATO Knowledge and Intellectual Property Institute, a subsidiary company, in Tokyo, Japan. The new company is scheduled to start operation on April 2, 2007.
The company will be a profit-making enterprise that will focus on developing and managing SATOs intellectual properties, including knowledge within SATO such as its unique business model, and domains of expertise from marketing, to operations to financial management and other invaluable know-how. The objective of the company is to manage intellectual properties, to use and protect them as business resources and to enhance SATO Groups corporate value. The company will also drive collaboration and facilitate knowledge transfer. Practically, this means sharing of good ideas, R&D results, skills and experience between the companies and the wider community to enable innovative new products and services to be developed.
The new company will be incorporated as a 100% subsidiary of SATO Corporation. It will be headed by the President & COO, Mr. Masanori Otsuka.
About SATO International
SATOs international global headquarters, SATO International Pte. Ltd is located in Singapore. Previously an international division, it was incorporated as a holding company in Singapore in 2001 to oversee the sales, marketing and customer services activities of all its Group Member Companies. More information about SATO International can be found at www.satoworldwide.com
About SATO
SATO (TOKYO:6287) is a global auto-ID solutions provider for leading manufacturing, logistics, retail, food & beverage, health care companies. With a bottom-up understanding of on-site use applications, SATO tags items with identifiers to improve supply chain flows of tomorrow by solving managerial and operational challenges of today. An industry pioneer with 79 years of expertise and a 5,000+ strong global workforce in 27 countries, SATO engineers solutions to streamline operations, boost accuracy, support sustainability initiatives, provide assurance and emotional connections, extending value all the way to the consumer. For the fiscal year ending March 31, 2019, it reported revenues of JPY 116,179 million (USD 1.05 billion*). More information about SATO can be found at www.satoworldwide.com, LinkedIn and Twitter.
*Conversion is based on an average exchange rate of 1 US Dollar = 110.92 Japanese Yen
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Media Inquiries - SATO Holdings
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