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Marubeni establishes construction machinery rental company in Myanmar

Myanmar

  • Construction machinery rental business in Myanmar

Marubeni had noted the potential demand for construction machinery in Myanmar under the recent rush for construction, and had been researching the possibilities of a construction machinery rental business. In November 2015 at Myanmar, Marubeni signed an agreement with the local company Dagon International Limited (“Dagon”) to jointly establish DMC Machinery Limited, a construction machinery rental company.
In Myanmar, it had been common for construction companies to purchase and hold their own construction machinery. But as the construction market matured with the rapid economic development after the 2011 democratization and economic reforms, the trend is expected to shift toward construction machinery rental. By providing construction machinery rental services to meet the increasing needs, Marubeni will contribute to the further development of Myanmar’s infrastructure.

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Capital alliance with PDC

Japan

  • PDC Logo
  • Digital signage business

In November 2015, Marubeni completed procedures for a capital alliance with PDC Co., Ltd.*1 (“PDC”), a subsidiary of Panasonic Corporation (“Panasonic”) with achievements in the digital signage*2 sector. With this alliance, Marubeni acquired 30% stake of PDC from Panasonic.
PDC is a leader in the Japanese digital signage market and distributes information and operates more than 10,000 installation sites, including large-scale facilities in Tokyo. Marubeni had a cooperative relationship for sales of PDC’s digital signage through Marubeni Techno-Systems, a 100% subsidiary of Marubeni. Through this capital alliance, Marubeni will globally expand business while spearheading new business opportunities in Japan, such as multi-language signage in preparation for 2020, and a new platform to link signage and various digital devices.

*1 PDC was launched as a digital signage dedicated company under Panasonic's "Panasonic Spin-up Fund," an in-house venture development group, in October 2001. The company distributes video content to digital media such as large LCDs in stations, shopping malls, showrooms, distributes digital advertisements, conducts management business, and produces video.

*2 Digital signage is a media that provides information through display panels and other digital display devices and can be found outdoors, in retail stores, and on transportation systems. Unlike other media broadcasting for a mass audience, such as TV, newspaper and the internet, digital signage delivers information and advertisements specifically designed for the time and place. Moving toward 2020, digital signage can be used as welcoming tools for international guests.

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Start of commercial operation and opening ceremony of mega-solar plant in Iwanuma-City, Miyagi Prefecture

Japan

  • Aerial view of Iwanuma Rinku Mega Solar Power Plant

Marubeni’s wholly-owned subsidiary, “Iwanuma Rinku Mega Solar Corporation”, held an opening ceremony in May for a mega-solar power plant (large-scale solar power plant), which had successfully completed construction and started commercial operation in Iwanuma-City, Miyagi Prefecture.
The mega-solar project, launched in June 2012, was part of a region-wide reconstruction project designed to support Iwanuma City recovery after the Great East Japan Earthquake and Tsunami in 2011. Marubeni was selected as the business operator by Iwanuma City and has been working with the authorities, tsunami-affected landowners and other concerned parties to complete the project. At the time of its opening, the power plant was the largest solar power plant in the Tōhoku region of Japan.
Marubeni’s other mega-solar power plant projects include a 49MW in Mie/Aichi other projects nation-wide, Marubeni’s solar-power generation capacity reach approximately 200MW. Marubeni is determined to further spread the utilization of renewable energy, such as offshore wind power, geothermal power and small/medium-scale hydropower generation, to meet society’s demand for the reduction of environmental impact and also to help the Tōhoku region of Japan fully recover from the Great East Japan Earthquake and Tsunami in 2011.

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May 19, 2015 [731KB]
Apr. 10. 2014

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