Transportation Machinery Division
Message from the COO
- Executive Officer, COO, Transportation Machinery Division
- Kaoru Iwasa
The Transportation Machinery Division is developing business and trade across the broad field of transportation machinery (aircraft and defense systems, automobiles, construction machinery, agro machinery, and ships).
In fiscal 2010, our trade business improved in step with market recovery, and the division is moving decisively to expand earnings in fiscal 2011. Our policy in business development is to reinforce our earnings base further by means of new investments for fiscal 2011 including automobile retail finance, construction machinery product support, and agro machinery after-market businesses, in addition to LNG ship chartering and aircraft operating lease businesses launched in fiscal 2010.
Sources of Strength
• Expanding the product lineups in Europe and North America through investment and trade in aerospace and defense system fields
Investment in development programs for world-class large aerospace engines of Rolls-Royce (U.K.), passenger aircraft of Embraer S.A. (Brazil), large helicopters of AgustaWestland (U.K./Italy), helicopter engines of Honeywell International Inc. (U.S.A.), and composite materials and adhesives for aircraft from Cytec Industries Inc. (U.S.A.) contributed to the profit of the division.
• A wide variety of functions, such as trade and retail finance, in the automotive, construction and agro machinery fields
We operate a wide variety of businesses worldwide. These businesses include the trade, distributor, dealer, and retail finance of automobiles, and construction and agro machinery in emerging economies, along with initiatives mainly targeting car dealer franchises in the United States, the United Kingdom and Australia.
• Organizing function in the ship business
In the ship business, we have a value chain in new shipbuilding transactions, as well as ship chartering operations, trade in second-hand ships and ship equipment, ship ownership and other related operations. Through the value chain, the division brings the organizing function of a general trading company to develop a global ship business that organically integrates the needs of ship operators, owners, dockyards and financial institutions.
News & Topics
Entry into LNG Ship Ownership and Management
Participation in Aircraft Operating Lease Business
Purchase of Honda Dealer in Long Island (U.S.A.)
