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Friday, February 09, 2024

Cadmatic strengthens Japanese market presence with new local joint venture

In a strategic move to accelerate business growth and enhance customer support, Cadmatic has established Cadmatic Japan Co., Ltd (Cadmatic Japan). The Sasebo-based joint venture company, co-owned with long-time Japanese partners NYK Trading and SEA Systems, began operations on 1 February 2024.

The newly formed company will leverage and combine the expertise of Cadmatic and a specially selected local team from NYK Trading and SEA Systems, who have been integral to Cadmatic's business development in Japan. Leading the new company as Managing Director is industry veteran, Takashi Mihashi from NYK Trading.

“The trend toward decarbonization is forcing Japanese shipyards to develop a variety of new ship designs. At Cadmatic Japan we are committed to providing 3D CAD software and PLM solutions to support our customers in achieving more efficient operations,” Mr Mihashi sheds light on some of the company’s goals.

Cadmatic Japan Co., Ltd. will focus on serving the Japanese ship and plant design, engineering and information management software market, where Cadmatic has cultivated a significant and active customer base over a 20-year period. Tsuneishi Shipbuilding, a large Cadmatic customer in Japan with design offices and shipyards in the Philippines and China, is one of the customers that will greatly benefit from the enhanced service levels provided by the new joint venture.

“We have long provided technical support for 3D CAD software and PLM systems to the design departments of Japanese shipyards. We will continue to leverage this experience to help our customers work more efficiently through support of Cadmatic products, thereby contributing to increasing the value of the Japanese shipbuilding industry,” says Yasuo Minami, CEO at SEA Systems

“The joint venture is a natural continuation of the successful cooperation with two long-term Japanese partners. With this important step, we combine Cadmatic’s global expertise with local Japanese knowledge, enhance the launch of our new innovations and ensure strong support for our growing customer base in Japan,” says Jukka Rantala, CEO of Cadmatic Group.

To view the original press release, please click here.

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