Page 24 - Toyota Tsusho (Thailand) Co., Ltd. - 2019 Company Profile
P. 24

22  TOYOTA TSUSHO (THAILAND) CO., LTD.
               FOOD & C NSUMER



               SERVICES DIVISION









































            Food & Produce                                        Uniform


          • Commodity & Grain: Wheat, Soya bean Meal, Rice, Sugar,  •  Uniform
        Tapioca Starch, Wheat Flour, Beans, etc.                1)   Factory uniform
          • Foodstuff: Surimi, Surimi based products, Canned products,    2)   Office uniform
        Fish sauce, Wine, Frozen food, Rice cracker, etc.
                                                              •  Other product
            Toward Future Challenge                             1)   Fabric & accessory: Zipper, reflective tape, Velcro tape.
                                                                2)   Souvenir & event products: hand bag, calendar, pen, etc.
          Thailand is considered as one of the world’s top 5 producers
        and exporters of food, including processed food products. By    Toward Future Challenge
        the year 2020, the demand for food is expected to grow
        substantially. The country’s natural resources, year-round     There is opportunity for uniform market in Thailand. We can
        growing season, relatively low labor costs and skilled,   gain the market share by use our network relations to create the
        well-educated workforce provide Thailand with competitive  business opportunity to make more profit, growth and sustainable.
        advantage in food business.                             In this year we will plan to expand uniform business by
                                                              importing the linen product such as Bed sheet, pillow case,
          However, neighboring countries such as Vietnam, Cambodia,  bath towel, bath mattress, bath robe from China and Indonesia
        Laos and Myanmar have rising production capacity and quality  for support TTTC Group service.
        that is competitive with Thai products. Thailand’s industrial
        sector is also seeing mounting challenges from higher wages
        and worker shortages, particularly in labor-intensive industries.
          Due to weakness of Thai baht starting from FY2017, there are
        many opportunities for import products rather than export. TTTC’s
        food section is trying to develop new business, not only trading
        business but also long term investment for both Commodity&
        Grain and Foodstuff.
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