Taiyo Nippon Sanso (TNSC) will transfer to have a holding company system from 1st October, the Gas Review reports.
At present, TNSC controls three regions (US, Europe and Asia/Oceania) from its headquarters in Japan, but will adopt and go to a system of holding company, under which the industrial gas and Thermos businesses will be positioned for control by each of the four regional business units at home and abroad.
This is so responsibility of each regional business can be made clear and decisions may be made more quickly.
The company will be renamed Nippon Sanso Holdings. Both names in Japanese and English are headed by ‘Nippon’.
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