Fukuoka City-based transport and moving company Fukuoka Soko has been establishing subsidiaries for the commercial moving business with a focus on China. The objective is to accelerate corporate growth while business is down in Japan. The company set up a subsidiary in Shanghai in January with a branch in Beijing. They also converted their local operations in Vietnam to a subsidiary last July. These overseas operations currently account for 20% of overall revenue.
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- Fukuoka Soko Establishes Subsidiary for Asian Business