Kinaxis Continues to Gain Momentum in Japan
Kinaxis Inc. (TSX:KXS), provider of RapidResponse®, a leading cloud-based supply chain management solution based on concurrent planning, today announced formal plans to deploy additional data centers in Tokyo and Osaka as part of the company’s ongoing global expansion to support the company’s growing customer base in Japan.
Leading Japanese companies such as Toyota, Nissan, ASICS, Lixil, Santen, and Olympus, the most recent Kinaxis customer to be signed, are among the many Japanese organizations in a wide range of industries including automotive, life sciences and pharmaceuticals, and consumer packaged goods who have selected RapidResponse to better manage their supply chain operations.
To support the company’s sustained growth in Japan, Kinaxis, the first provider of a cloud-based, software as a service (SaaS) offering for supply chain and sales and operations planning (S&OP), will host supply chain operations for Japan’s largest and most successful brands from the new data centers starting in the company’s third quarter.
“We are excited to build on our reputation as a leading provider of supply chain management solutions to support our growing customer base in Japan. We are proud to include many prestigious Japanese brands as customers, each of which are known for managing some of the most highly sophisticated supply chain operations in the world,” said Kinaxis Chief Executive Officer John Sicard. “Our investment in the new Tokyo and Osaka data center facilities further strengthens our ability to support the scale, complexity, operational reliability and rigorous security requirements of our customer supply chains 24 hours a day, 365 days a year.”
As Kinaxis continues invest and grow in Japan, the company’s operational footprint will also expand accordingly. To support the ongoing acquisition of new customers, the company’s Shinagawa, Tokyo office plans to increase employee headcount, which have doubled over the previous 12 months.
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to Kinaxis' growth opportunities and the potential benefits of, and demand for, Kinaxis’ products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. Kinaxis' actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of Kinaxis to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by Kinaxis with Canadian securities regulatory authorities. Kinaxis assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
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