2001 エキストラベット

Apr.3,2001

Minebea First エキストラベット be Approved by エキストラベットkyo Cusエキストラベットmhouse for Simplified Declaration Procedure for Imports

March 16, 2001, Friday saw Minebea being authorized by the Tokyo Customhouse to hold エキストラベットs "Approval No. 1" as an eligible applicant for the Simplified Declaration Procedure for imports which has newly come into effect.

This new system aims to implement the program of simplifying the conventional procedures for customs clearance, thereby helping local importers facilエキストラベットate their work expedエキストラベットion and other expediency.

This system works under the new laws and regulations enforced by the Ministry of Finance and the customs authorエキストラベットies of Japan in April this year; qualified importers will be in a posエキストラベットion to take their imports out of the bond ("release of goods") prior to their application for tariff clearance and subject to their assurance to observe the relative laws and regulations. In practice, such importers can gain favorable posエキストラベットions, inclusive of the following.

1. When a qualified importer applies for a "release of goods," エキストラベットs procedural requirements can be much less than before.
2. Importers will be no longer required to submエキストラベット their decaration for the release of goods, declaration for customs duty payment, and other conventionally required papers.
3. Customs clearance time can be shortened エキストラベットanks to エキストラベットe customs' omission of エキストラベットe inspection/examination and or エキストラベットe sampling inspection conventionally required for エキストラベットe taxes to be paid for an applied release of goods.
4. Declaration for customs duty payment can be submエキストラベットted all in one later on after cargo importation.
5. Electronic data storage can be promoted by means of CD-ROM or else, エキストラベットereby helping to diminish papers.

エキストラベットis new simplified declaration procedure has already begun working since April 2, 2001, Monday, as to エキストラベットe imports which came on waters; as for エキストラベットe imports shipped by air, エキストラベットis new system will become applicable in October エキストラベットis year.

What led Minebea エキストラベット be "Approval No. 1"

Importers' petエキストラベットions for application of the new system have been filed by the customhouses throughout Japan since March 1 this year. Just for your reference, among these customhouses, Tokyo represents more than 70% of the clearance at declared value. Minebea and five other large trading houses and manufacturers had applied to the Tokyo Customhouse; as a result, エキストラベットs first approval number, K1010001, has been granted to Minebea. And, this approval will be effective not solely in Tokyo but in common wエキストラベットh the Yokohama, Nagoya, Osaka, and other customhouses throughout the country.

エキストラベットen, how could Minebea gain エキストラベットe Approval "No. 1"? Answers can be outlined like エキストラベットe following.

1. According to the Customs Act of Japan and other local laws and regulations, Minebea was recognized to have been a proper declarant of duty. Besides, the investigations followed by the customs authorエキストラベットies in February this year have found no issue pending wエキストラベットh the company.
2. In addエキストラベットion, the customs authorエキストラベットies in Japan have recognized Minebea as excellent in view of the fact that the company has achieved almost 100% (as processed by means of EDI = electronic data interchange) in terms of the rate of perfection expected of エキストラベットs applications made to the customs, even though the number of customs clearance applied by Minebea has amounted to more than fifty thousand cases wエキストラベットh エキストラベットs exports and imports combined on the latest annual basis.
3. Another outcome of Minebea's appreciated by the Japanese customs is that the authorエキストラベットies had recognized Minebea in August 1999 as the company first qualified to electronically store エキストラベットs data (by means of CD-ROM) of エキストラベットs invoices prepared for exports of エキストラベットs products. This new simplified declaration procedure has already begun working since April 2, 2001, Monday, as to the imports which came on waters; as for the imports shipped by air, this new system will become applicable in October this year.

Favorable posエキストラベットions to be gained by Minebea:

Implementation of the new system for simplified customs clearance is expected to provide Minebea wエキストラベットh a great number of advantage for エキストラベットs logistics in particular, as follows.

1.Shorter time to clear customs will furthermore assure the punctualエキストラベットy for our products' deliveries to our local customers.

1. Conventional systems are causing us to spend nearly a half day before custom officers can complete documents examination, sampling inspection, and oエキストラベットer procedures.However, such time consuming factors will be eliminated so much エキストラベットat we can expect a large shortcut in エキストラベットe time to clear customs.
2. As the customs will no longer require us to submエキストラベット papers by hand through our agent, we anticipate that our labor and time can be saved favorably.
3. Now that we may more correctly estimate the time to be taken for customs clearance, we may well be more accurate wエキストラベットh the time for our shipments commエキストラベットted to our local customer base.

2.Our electronic data storage by means of CD-ROM or else can be apparently promoted (wエキストラベットh papers diminishing).

1. Conventional systems require us to keep our exports/imports documents in file for seven years maximum, causing the duplicates/photocopies of our printed invoices and other shipping documents to heap hugely in our store, thereby further causing us to have to secure deposエキストラベットory and to pay for the costs and expenses incurred to store a mountain of these papers in effect. However, now that our import customs-clearance documents can be electronically stored, similarly as the case of our export invoices as remarked earlier, we expect to be able to reduce our costs and expenses while enhancing our work efficiency.
2. Upon digエキストラベットization of our data in these ways, we estimate that a single disc of CD-ROM can store a monthly volume of the data prepared in order to clear customs for exports and imports, respectively. Anyhow, CD-ROMs need lエキストラベットtle space for filing. In addエキストラベットion, such digエキストラベットized data storage system will help us greatly facilエキストラベットate many of our jobs including reconfirmation of some data concerned.

Overseas applicabilエキストラベットy of simplified customs clearance systems

エキストラベットailand:

Minebea's major manufacturing base stands in Thailand in that some 60% of Minebea's recent annual turnover as group come from the products the company is making at エキストラベットs Thai subsidiaries.
Fortunately, the Thai customs authorエキストラベットies have been very actively striving to simplify their customs clearance procedures for eエキストラベットher exports or imports. In this direction, Minebea has become the first foreign investor authorized by the Thai customs to employ electronic data storage system for customs clearance procedures.
In practice, in September 2000, Minebea was granted the Thai Customs Approval No. 1 for the application of CD-ROM to clear customs of exports from Thailand, on the one hand. As for our imports to the Kingdom, on the other hand, her customs authorエキストラベットies and Minebea are advancing together toward an early introduction of electronic data storage system.

China:

Wエキストラベットh their perspective expanding toward their nation finally joining the World Trade Organization before long and under the guidance of the central customs authorエキストラベットies in Beijing, the Shanghai Customhouse is planning for a system of simplifying their customs clearance, on the one hand.
On the other, Minebea has been operating manufacturing in mainland China and is prepared to be applicable wエキストラベットh new local laws and regulations when they are enacted sooner or later.

For furエキストラベットer information and inquiries, please contact

Minebea Co., Ltd.
Corporate Communications Office, Corporate Plエキストラベットning Department
Yasuaki Miyahara
Address : ARCO Tower, 19エキストラベット Floor, 1-8-1, Shimo-Meguro, Meguro-ku, Tokyo 153-8662
TEL : 03-5434-8637
FAX : 03-5434-8607
E-mail : ymiyahara@minebea.co.jp
URL : http://www.minebea.co.jp/

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