Kyocera Consolidates Solar Strengths for Japan Market

[] Kyocera Corporation of Japan will be consolidating its domestic sales business by means of a corporate split undertaken with Kyocera Solar Corporation. As of April 1, 2005, Kyocera will consolidate its domestic sales division for solar energy products, which handles sales of solar power generation systems for use by domestic public sector industries, as well as the parts of its solar power generation system business involved in the procurement and quality control of peripheral units – excluding solar modules – into KSC, a wholly-owned subsidiary of Kyocera. At present, the Japanese domestic sales of Kyocera Group solar energy products are handled by Kyocera, which is responsible for sales of solar power generation systems for use by public sector industries, and by KSC, which takes care of sales of solar power generation systems for residential use. To grow these businesses further, it was decided that the Group’s market competitiveness should be strengthened even further by expanding synergies – for example, through the strengthening of its sales network via the consolidation of the domestic sales division into KSC – and by raising the efficiency of material supply through the integration of system-related peripheral unit procurement.
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