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Introducing ESPEC EUROPE GmbH<br />
Topic<br />
Introducing ESPEC EUROPE GmbH<br />
Masago Iwashima, Espec Europe GmbH<br />
1<br />
Introduction - A letter from Yoshinobu Matsumura, Managing Director -<br />
Photo 1 Yoshinobu Matsumura, Managing Director, Espec Europe GmbH<br />
Greetings,<br />
I am Yoshinobu Matsumura, Managing Director, Espec Europe GmbH. I would like to express<br />
my sincere appreciation for your continued patronage of Espec and our products.<br />
First, I would like to give a brief overview of how Espec has approached our dealings in the<br />
European market to this point. In 1988, Espec established a local corporation in Europe and<br />
began pursuing business development in Europe and in the old Soviet Union. Despite our efforts<br />
to expand into the Soviet market, shortly thereafter, as I’m sure you are well aware, the Soviet<br />
Union collapsed. Being considerably affected by that collapse, our temporary withdrawal<br />
became unavoidable. However, within the scope of our global development, the European<br />
market holds substantial promise, and we foresee tremendous improvement in the Russian<br />
market as well, leading to our renewed efforts to take up this challenge once more after a<br />
15-year hiatus.<br />
In August 2004, we stationed representatives at an office we established in Frankfurt. In 2005,<br />
we moved our location to Munich, where our organizational framework evolved to a branch<br />
office. While a number of significant challenges remain, we are indebted to your patronage that<br />
has contributed to our favorable business results. In addition, from October 1, 2006, our new<br />
line-up is available. We have also established the new Espec Europe GmbH, which is operating<br />
in Munich. Based on the management philosophy of the Espec Group, we are striving to achieve<br />
a “corporation of global excellence” to develop a global business that is based on a management<br />
framework of transparency and respect for the laws and that meets the expectations of our<br />
global customers.<br />
As a European marketing company, our primary theme is to improve the satisfaction rate of our<br />
valued customers. Based on the structure of our local operational framework and our global<br />
network in each country, we are striving to make our support framework even better for each<br />
valued customer in the EU and Russia.<br />
We are indebted to you all for your continued patronage of Espec and our products.<br />
Yoshinobu Matsumura, Managing Director, Espec Europe GmbH<br />
- 16 -<br />
Espec Technology Report No.23