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Product category: Design and Development Consultancy
News Release from: Ricardo
Edited by the Engineeringtalk Editorial Team on 24 October 2005

British Ambassador opens Japanese office

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Following a nine-fold increase in its Japanese business in the past five years, Ricardo has formally opened its new facility close to the centre of Tokyo's main business district.

Following a nine-fold increase in its Japanese business in the past five years, global automotive technology provider Ricardo has formally opened its new facility close to the centre of Tokyo's main business district Located in the landmark FukokuSemiei building overlooking Hibiya Park and the Imperial Palace, the new office was formally opened by Graham Fry, British Ambassador to Japan Japan is one of the most technologically sophisticated markets in the global automotive industry, and one in which Ricardo has been active since the 1960s

It is also key, with Japanese automakers currently assembling more light vehicles than either the US or European industries.

As an automotive technology provider and product development specialist Ricardo finds a perfect match in the high technology and quality focus of the Japanese automakers, together with their aggressively short development programme timescales.

Changes in outsourcing policies and increasing alliances between Japanese and North American and European automakers have helped Ricardo's Japanese order intake to grow dramatically in the current decade.

The new Ricardo Tokyo facility is intended to facilitate further penetration of the Japanese market by improving the quality and responsiveness of service provided to customers.

The company has already recruited a number of Japanese engineers to work alongside the existing team, who will share this facility with visiting engineers from the company's international network of technical centres located throughout Europe, North America and Asia.

This solid investment will enable the company to improve the quality, responsiveness and competitiveness of service delivered to its Japanese customers.

Graham Fry, British Ambassador to Japan, formally opened the new facility last week.

Commenting on this key expansion of Ricardo's technical and commercial reach into the Japanese automotive market, incoming Ricardo CEO, Dave Shemmans said: "Following five years of dramatic growth of Ricardo's business in Japan, the new Tokyo facility is a further sign of our commitment to increase and improve the level of service we provide to our customers in this technologically advanced and challenging market".

"Together with our recently announced expansion in China, the new facility in Tokyo underscores the fact that Ricardo is becoming a major technology presence throughout the Asia-Pacific region".

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