Japanese companies in Thailand to discuss crisis with parent firms

Construction News

Many Japanese firms operating in Thailand will engage in talks with their parent companies on how subsidiaries in Thailand can assist headquarters or may need to adjust business plans to support their operations after the earthquake and tsunami.

The Thai commerce ministry has, meanwhile, issued several urgent measures to assist exporters, including Japanese firms here doing business with Japan after the disaster in the country’s northeast. 

Suparat Sirisuwanangura, chairman of the Federation of Thai Industries’ Automotive Industry Club, said that many Japanese firms in Thailand planned to consult with mother firms in providing support to their headquarters. 

Suparat, who is also assistant senior managing director of Toyota Asia Pacific Engineering and Manufacturing, said the firm would talk with executives at Toyota on how to support them. 

Toyota (Thailand), as a subsidiary company, may need to increase capacity to support production in Japan.

Munenori Yamada, president of the Japan External Trade Organization (Jetro) Bangkok, said there was no necessity for Japanese firms in Thailand to assist head companies financially as Japanese firm were is strong shape.

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