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Examples
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• We will construct a head-office by 2012 that will set new standards in sustainable design, construction and operation in the UK
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In 2009, Daiwa shifted the head-office functions of its non-Japan Asia operations to Hong Kong from Tokyo.
Daiwa Anticipates Payoff From Asia Growth Effort Atsuko Fukase 2011
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Daiwa shifted the head-office functions of its non-Japan Asia operations to Hong Kong from Tokyo last year and has hired about 100 staff for that business since last fall.
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Daiwa shifted the head-office functions of its non-Japan Asia operations to Hong Kong from Tokyo last year and has hired about 100 staff for that business since last autumn.
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Headquartered in a sunny loft near Tenjune, EMM, now with 30 head-office employees, had $30 million in sales in the last 12 months.
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The company shifted the head-office functions of its non-Japan Asia operations to Hong Kong from Tokyo last year and has hired 40 to 50 staff for that business since last autumn.
Daiwa Sees Deal as Strategic Option Atsuko Fukase 2010
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There are potential cost savings on infrastructure and procurement, particularly from combining their coal and copper operations, as well as the elimination of duplicated head-office costs.
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Analysts estimate the loss of tax benefits, higher interest payments and duplicated head-office costs are equivalent to a combined, one-time charge of £1 billion.
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"Over 20% of our management and head-office support jobs will be cut," Mr. Dixon said, adding that the reductions will be completed by December.
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Bring them up to M&B's standard, knock out some head-office costs, and the annual boost to pretax profits could be £90 million, say people familiar with the situation.
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