News Releases

Mar.02,2016

 

DNP and Wahyu Kartumasindo International Establish Smart Card Personalization Joint Venture "PT. Wahyu DNP Bureau"

To launch IC Cash Card Personalization Service in Indonesia

 

Dai Nippon Printing Co., Ltd. (DNP) will establish a joint venture company, PT. Wahyu DNP Bureau, with the largest Indonesian card manufacture, Wahyu Kartumasindo International (WKI). PT. Wahyu DNP Bureau will provide smart card personalization services to the Indonesian market.

[Background]

DNP, well known as the largest card manufacture in Japan, has led smart card industry providing smart cards and related solution services to finance, tele-communications, logistics, public transportation, and variety of industries in Japan. In Indonesia smart cards has recently become commonly used in major banks and public transportation systems, which generates more needs for smart card personalization in highly secured environment due to handling personal privacy information. DNP views Indonesia as future promising market and entered into the strategic alliance with WKI, to establish a joint venture of smart card personalization service bureau. The joint venture company will leverage DNP's outstanding technologies enhanced by its long time smart card business experiences and WKI's leading sales network and domestic card manufacturing capabilities in Indonesia. DNP will expand card business contributed by the addition of its smart card personalization capabilities in Indonesia.

[Joint Venture Summary]

Company name

PT. Wahyu DNP Bureau

Paid-in capital

US$ 2.0mln (Unlisted) (Ownership stake : DNP 45%, WKI 55%)

Head Office

Jalan Beringin Blok F12 No. 3. Delta Silicon II, Lippo Cikarang, Bekasi 17550, Indonesia

Directors

CEO : Ruddy Hartanto (WKI), Director : Jun Nakagaki (DNP)

Commissioners : Henny Widjaja (WKI), Norihiko Murata (DNP)

Establishment

March, 2016

Business contents

Smart card personalization business for domestic Indonesian market.

[WKI Summary]

Company name

PT. Wahyu Kartumasindo International

Paid-in capital

IDR 10,100 mln (Approximately JPY 100 mln) (Unlisted)

Head Office

Jalan Beringin Blok F12 No. 3. Delta Silicon II, Lippo Cikarang, Bekasi 17550, Indonesia

Plant

Cikarang plant (Indonesia)

Representative

Ruddy Hartanto

Establishment

1991

Business contents

Manufacturing and marketing of cards and SIMs

(VISA, MasterCard certified plant)

[DNP Smart Card Activities in South East Asia]

Smart card market has been rapidly growing in the South East Asian region, especially in finance, tele-communications and public transportation. In March 2014, DNP had entered into the agreement of partial ownership with MK Smart Joint Stock Company, the largest card manufacturer in Vietnam. DNP is and will be fully committed providing competitive capabilities to customers in South East Asia though the strategic alliance with the partners. The addition of PT. Wahyu DNP Bureau to DNP's South East Asia strategic alliance group will boost up its capabilities to the industry.

[Sales Forecasts]

DNP aims for total sales of 2.0 billion yen by FY 2020 from smart cards and related services in the Indonesian region.

 
* Product prices, specification and service contents mentioned in this news release are current as of the date of publication. They may be changed at any time without notice.