Expansion of channels in international markets through improved reliability of security and smoother logistics
Tokyo, July 2, 2013 - (ACN Newswire) - Tanaka Holdings Co., Ltd. (a company of Tanaka Precious Metals) today announced that Tanaka Kikinzoku International K.K. ("TKI"), which handles imports, exports and sales of various industrial products and manufacturing plants under the umbrella of the Tanaka Precious Metals Group, was granted AEO (Authorized Economic Operator) status as Authorized Exporter under the AEO system* by Tokyo Customs on June 11, 2013.
TKI applied to the AEO system with the cooperation of Nippon Express Co., Ltd. with the aim of increasing its competitiveness in overseas markets where competition has been intensifying every year. TKI was the 87th company in Tokyo Customs' jurisdiction and the 239th in Japan to be certified as an AEO Exporter after undergoing 15 months of preparation and inspections, including examination of the entire Tanaka Precious Metals Group's logistics process and security including information management and a review of compliance programs.
AEO Exporter certification will enable TKI to implement smoother logistics with shortened lead time from the time of export from TKI, and distribute products with more reliable security.
With the acquisition of this certification, TKI plans to further expand international channels in the future, and will provide a sense of security and reliability as a source of materials to manufacturers of automotive electrical components and electronic components in the semiconductor and home appliance industries.
* AEO (Authorized Economic Operator) System:
The AEO system provides flexible and simplified customs procedures to business operators (exporters, importers, warehouse operators, customs brokers, logistics operators, and manufacturers) involved in international trade who have proven systems in place for cargo security management and legal compliance thereby facilitating secure and efficient operations when engaging in international trade.
Japan has not only signed and implemented mutual recognition of AEO programs with both the USA and the EU, but has also signed mutual recognition of AEO programs with South Korea, Singapore, New Zealand and Canada.
Press release: http://www.acnnewswire.com/clientreports/598/0702.pdf
Tanaka Holdings Co., Ltd. (Holding company of Tanaka Precious Metals)
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, TokyoRepresentative: Hideya Okamoto, President & CEOFounded: 1885Incorporated: 1918Capital: 500 million yenEmployees in consolidated group: 3,869 (FY2011)Net sales of consolidated group: 1.064 trillion yen (FY2011)Main businesses of the group: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products. Recycling and refining of precious metals.Website: http://www.tanaka.co.jp/english
Tanaka Kikinzoku International K.K.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, TokyoRepresentative: Tsuneo Sato, President & CEOFounded: 1996Incorporated: 1996Capital: 470 million yenEmployees:107(FY2011)Sales: 190.5 billion yen (FY2011)Main businesses: Import, export and sales of various industrial products and manufacturing plants from Tanaka Precious MetalsWebsite: http://pro.tanaka.co.jp/en
About Tanaka Precious Metals
Established in 1885, Tanaka Precious Metals has built a diversified range of business activities focused on the use of precious metals. On April 1, 2010, the group was reorganized with Tanaka Holdings Co., Ltd. as the holding company (parent company) of Tanaka Precious Metals. In addition to strengthening corporate governance, the company aims to improve overall service to customers by ensuring efficient management and dynamic execution of operations. Tanaka Precious Metals is committed, as a specialist corporate entity, to providing a diverse range of products through cooperation among group companies.
Tanaka Precious Metals is in the top class in Japan in terms of the volume of precious metal handled, and for many years the group has developed and stably supplied industrial precious metals, in addition to providing accessories and savings commodities utilizing precious metals.As precious metal professionals, the Group will continue to contribute to enriching people's lives in the future.
The eight core companies in Tanaka Precious Metals are as follows.- Tanaka Holdings Co., Ltd. (pure holding company)- Tanaka Kikinzoku Kogyo K.K.- Tanaka Kikinzoku Hanbai K.K.- Tanaka Kikinzoku International K.K.- Tanaka Denshi Kogyo K.K.- Electroplating Engineers of Japan, Limited- Tanaka Kikinzoku Jewelry K.K.- Tanaka Kikinzoku Business Service K.K.
Source: Tanaka Holdings Co., Ltd.
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