Company Profile
NAXIS BANGLADESH CO. LTD.
Overview:
NAXIS BANGLADESH CO. LTD.
Establishment Date: 15-APR-26
Registration No: C-209494
Address: Lot No. A10, Bangladesh Special Economic Zone,
Sonpara, Panchrukhi Via Rupganj Araihazar,
Narayanganj-1460 Bangladesh
Authorize Capital: BDT 40,00,00,000.00
Paid Up Capital: BDT 30,25,00,000.00
Business Activities: Garments Accessories Manufacturing.
Representative: Mr. Chongying Liang (Managing Director)
Website: https://naxis.net/en/
Mobile Number: + 86 136-3757-6669
Contents
1. Project Summary 2
2. Scope of work 2
3. Company Overview 2
4. Management Philosophy 2
5. History of the company 3
6. Share Capital with Shareholding Structure 3
7. Board of Directors 4
8. Details of Auditor and Bankers 4
9. Project Timeline 4
10. Project Budget 5
11. Project Team 5
12. Business & Products 5
13. Raw Material List 6
14. List of Machineries 7
15. Production Process 9
16. Risk Assessment 10
17. Environmental and Sustainability Impact 10
18. Stakeholder Engagement -Human rights policy 11
19. Project Benefit 12
20. Financial Forecasting 13
21. Global Networks 15
Project Summary
Corporate name:
NAXIS BANGLADESH CO. LTD.,
Establishment No:
Reg. No. C-209494
Incorporation Date:
15-APR-2026
Address:
Lot No. A10, Bangladesh Special Economic Zone, Sonpara, Panchrukhi Via Rupganj, Araihazar, Narayanganj-1460 Bangladesh.
Allotted Land Area
4.54 acre (18385㎡)
Establishment background:
Demand for clothing accessories is growing in Bangladesh, where the garment industry is thriving, and the company expects growth in the country.
Customers:
UNIQLO, GU, M&S, NEXT, GAP, COACH, EVERLANE, lululemon etc.
Prospects:
We aim to be the best factory in Bangladesh for making quality buttons.
Bangladesh project overview: The investment aims to establish a manufacturing and distribution operation for apparel auxiliary materials in Bangladesh. The project involves the construction of a manufacturing facility and the purchase of land within the Bangladesh Special Economic Zone (BSEZ) for the purpose of production and shipment of products. The business is expected to contribute to the sustainable growth of Bangladesh’s garment industry.
Scope of work
To carry on the business domestically and internationally as dealers and agents as well as the business of producing, processing, manufacturing, formulating, using, acquiring, storing, refining, packing, transporting, distributing, selling, importing, exporting, and dealing in and to enter into manufacturing of all kinds of RFID products, tag, sewing thread, collar bone, embroidery thread, buttons, hooks, plastic clips, chains, labels, printed or plain boxes.
Company Overview
Bangladesh's garment industry has expanded to the second largest in the world and is a market that will increasingly attract worldwide attention. Our business in the country is to deliver garment accessories to garment factories. The Company operates an apparel auxiliary materials manufacturing and sales business. It manufactures auxiliary materials based on orders from Japanese customers and brands and supplies them to garment factories. The Company has operations not only in Japan but also in China, Vietnam, Indonesia, and Thailand, with consolidated group sales of approximately JPY 20 billion.
Management Philosophy
Mission: Creating new infrastructure for daily life as an information transmission company.
Vision: Delivering our products to customers on every continent.
Value: Doing what nobody else does.
History of the company
1897: Founded; NAXIS began in 1897 in the Nishijin district of Kyoto, where Nishijin brocade originated. At first we manufactured “obiji”, the textile used in kimono belts, under the name of “Donsuya Isuke”. With the changing of the times, we transitioned to the manufacturing of narrow woven fabrics and established “Nakamura Eijiro retail” to meet the expanding demand for woven labels.
1965: Incorporated; We begin building our business foundation.Through a company reorganization, we established Nakamura Woven Labels Co., Ltd. and became an industry pioneer in the manufacturing of printed labels.
1994: Expansion into Thailand, we established Thai Nakamura Label as a joint venture with Saha Group.
1995: Expansion into China, we established Shanghai Nakamura Co., Ltd. and our Kabinburi Factory on the outskirts of Bangkok went into full operation.
2005: We launched full-fledged RFID tag solutions and comprehensive services for the apparel industry.
2015: We established NAXIS VIET NAM CO., LTD. and began full operation of Dong Nai Factory (within the Amata Industrial Park).
2016: We began full operation of PT. NAXIS LABEL INDONESIA and Ha Nam factory at NAXIS VIET NAM CO., LTD.
Share Capital with Shareholding Structure
Paid-up capital: BDT 30,25,00,000.00
Authorized capital: BDT 400,000,000.00
Number of shares issued: 30,25,000
Shareholders:
Name of Shareholders
Number of Shares
Percentage
NAXIS HOLDING CO., LTD.
Address: RM1305 Lijing Garden, Changma Road, Changping town, Dongguan city, Guangdong Province, China 523000.
302,500
(Three Lac Two Thousand Five Hundred Shares)
10%
NAXIS CO., LTD.
Address: 2-27-16-101 Ebisu, Shibuya-ku, Tokyo, Japan.
27,22,500
(Twenty-Seven Lac Twenty-Two Thousand Five Hundred Shares)
90%
Board of Directors
Mr. Nakamura Taiho (Chairman)
Nominee Director of
NAXIS CO., LTD.
Mr. Katsuji Osumi (Director)
Nominee Director of
NAXIS HOLDING CO., LTD.
Mr. Chongying Liang; (Managing Director)
Nominee Director of
NAXIS HOLDING CO., LTD.
Details of Auditor and Bankers
Statutory Auditor: Ahamed Shamim & Co. (ASC), Chartered Accountants.
Correspondent Banks: Prime Bank PLC, Banani Branch, Dhaka
Project Timeline
Construction starts date (planned): December 2026
Construction period: December 2027
Scheduled date of production: January 2028
Project Budget
Estimated costs of the project, including capital expenditure and operational expenses is USD7,000,000
Project Team
Workers: 100 people (projected)
Year / 年
Foreign Managerial (No.)
Local Managerial (No.)
Local Unskilled (No.)
Local Total (No.)
Grand Total (Foreign Total + Local Total)
2027
2
3
100
103
105
2028
2
3
100
103
105
2029
2
3
100
103
105
2030
2
3
100
103
105
2031
2
3
100
103
105
Business & Products
We produce apparel accessories and sell them to sewing factories.
Apparel accessory materials, particularly the branding and trademark materials manufactured by our company, are used to identify products, assure quality, and communicate brand value through brand names and logos.
Sl. No.
List of finished goods (What will be produce)
HS Code
1
RFID Tag
8523521000
2
RFID Barcode sticker
8523521000
3
Care Label
5807100000
4
Woven Label
5807100000
5
Laundry Label
5807100000
6
Size Sticker
3919909090
7
Paper Header
4821100000
8
Hook
3926909090
Raw Material List
Sl. No.
1. List of raw materials with HS Codes
HS Code
1
Inlay
8523521000
2
Paper board
4811900000
3
Tape ribbon
5806320000
4
Thread
5509210000
5
Ink for Rotary
3215190090
6
Ink for Inkjet
3215110090
7
Glue
3506990000
8
Gloss oil
3809920000
List of Machineries
Details of Machineries
Sl. No.
Name of the Machine
HS Code
Country of Origin
Quantity
Value (USD)
Total Value（USD）
1
Guillotine
8441100000
Germany
1
60,000
60,000
2
Applicator
8422309090
China
1
70,000
70,000
3
Laminator
8441809000
China
1
60,000
60,000
4
Digital Printer
8443321200
China
2
30,000
60,000
5
Diecutter
8441100000
China
1
119,000
119,000
6
Encoder
8471900000
USA
2
30,000
60,000
7
Inkjet Printer (Hangtag)
8443322900
China
1
110,000
110,000
8
Inkjet Printer (Barcode Sticker)
8443322900
China
1
56,000
56,000
9
Plate maker
8442302900
China
1
46,000
46,000
10
Rotary printer
8443160090
China
4
11,000
44,000
11
baking box
8514109000
China
2
2,000
4,000
12
Cut w Inspec.
8451500000
China
6
49,000
294,000
13
Friction test machine
9024800000
China
1
7,500
7,500
14
Heat transfer press machine
8443399000
Japan
1
3,000
3,000
15
Jangle test machine
9030899090
China
1
4,700
4,700
16
baking box
8514199000
China
1
630
630
17
Washing machine
8450111000
China
1
100
100
18
Formalin test machine
9027899090
China
1
6,400
6,400
19
Formalin test machine
9027899090
China
1
6,400
6,400
20
sewing machine
8452101000
China
1
200
200
21
Rotational viscometer
9027899090
China
1
320
320
22
color bleeding test box
8437101000
China
1
100
100
23
Weaving machine
8446302000
Switzerland
6
58,000
348,000
24
Sizing machine
8451800003
China
1
63,000
63,000
25
Sliting machine
8451500000
China
1
41,000
41,000
26
Cutting machine
8451500000
China
4
18,000
72,000
27
Metal Inspection Machine
9031809090
China
1
4,400
4,400
28
5+1 offset Machine
8443131901
Germany
1
1,610,000
1,610,000
29
Varnishing Machine
8443911900
China
1
88,000
88,000
30
Lamination Machine
8439300000
China
1
120,000
120,000
31
Guillotine
8441100000
China
1
95,000
95,000
32
Die-cutter
8441400000
China
1
120,000
120,000
Production Process
Process Description:
This manufacturing workflow outlines an export-oriented, high-precision production line for apparel accessories and smart tracking solutions (including RFID tags, woven/care labels, and stickers).
1. Import & Stocking: Base raw materials—including RFID inlays, paper substrates, specialized tape ribbons, threads, inks, and adhesives—are imported and securely cataloged in primary inventory.
2. Semi-Finished Processing: Raw materials undergo initial conversion or structural assembly (such as bonding inlays to paper or preparing fabric backing) to create semi-finished goods, which are temporarily held in intermediate stock.
3. Printing: Materials are fed into high-speed printing lines where product data, branding, variable barcodes, or care instructions are applied using specialized inks and gloss oils.
4. Inspection & Cutting: Printed rolls or sheets undergo strict quality control inspections to verify print clarity and material integrity before being precision-cut into individual units (tags, labels, hooks, or headers).
5. Encoding: For smart products (RFID Tags, Stickers, and Laundry Labels), the integrated chips are electronically programmed with unique digital identifiers and verified for readability.
6. Packing & Export: Finished items are systematically sorted, packed to prevent transit damage, and moved directly to logistics for international export.
Risk Assessment
Risk arising from changes in the industry environment:
The accessory materials handled by our company are susceptible to the impacts of changes in lifestyles and fashion trends, fluctuations in consumer sentiment driven by economic conditions, and pricing pressure caused by competition with other companies. To ensure close information sharing with our customers, we have established dedicated sales teams for Japanese brands. In addition, by deploying sales teams in key markets such as China and the ASEAN region, where these brands are sold, we are able to capture information in real time and implement appropriate countermeasures accordingly.
Interest rate fluctuation risk:
Our company finances its operations through borrowings from the Japanese parent company, which in turn primarily raises funds from financial institutions. In the event of future interest rate increases, there is a potential impact in the form of higher interest expenses and financial pressure on the Japanese parent company. To mitigate any adverse impact on our financial position, the parent company maintains appropriate financial controls.
Infrastructure risk:
The accessory materials handled by our company rely heavily on electronic data, such as design data and RFID encoding data. Therefore, a stable supply of infrastructure, including telecommunications and electricity, is essential for their handling. In response, we have decided to establish our operations in BSEZ, where stable infrastructure supply can be secured, and will further install the necessary facilities to ensure such stability.
Quality and delivery risk:
Our company is responsible for maintaining quality standards in accordance with customer requirements and for producing and delivering products within agreed lead times based on contracts with customers. However, there is a possibility that these obligations may not be fulfilled due to various factors such as unforeseen troubles or accidents, or delays in raw material procurement. To address these risks, we assign personnel with extensive experience, advanced knowledge, and strong management capabilities from both local and overseas locations, and ensure proper operational control.
Environmental and Sustainability Impact
Basic Philosophy: NAXIS BANGLADESH CO. LTD. considers it an important mission to be kind to the "environment (local community)" and "people (neighbours)" who support us by creating small, enjoyable products that are "our work" and providing enrichment and harmony. We regard it as our important mission to be kind to the "environment (local communities)" and "people (our neighbours)" that support us, and promote environmental protection activities.
Action policy: The Company shall accurately assess the environmental impact of its business activities, products and services, mainly the manufacture and sale of clothing accessories, and shall carry out environmental protection activities.
To prevent environmental pollution, we focus on the following items as part of our environmental protection activities:
(1) Reduce energy consumption in order to reduce CO2 emissions.
(2) We promote recycling and reduction and make effective use of resources.
(3) We will promote green purchasing.
(4) We will develop, propose and actively promote environmentally friendly products.
(5) We will clarify and comply with environmental laws and regulations and other matters to which we have agreed.
We will work to improve our environmental management system in order to achieve continuous improvement of our environmental performance.
Through our environmental policy, we set environmental objectives and targets, which are regularly reviewed.
We make our environmental policy known to all personnel and work to raise awareness of environmental protection. We will also conduct awareness-raising activities to gain the understanding and cooperation of our affiliates and business partners.
We make our environmental policy available to the public.
List of Waste:
Sl. No.
Name
Amount Per Year
1
Paper Scraps
60,000.00kg
2
Wasting Glue
2,000.00kg
3
Wasting Gloss Oil
2,500.00kg
4
Gloss Oil Can
400.00kg
5
Wasting Rag
200.00kg
6
Wasting Water
500.00liter
7
NG Woven Label and Scraps
1,000.00kg
8
Wasting Mineral Oil
400.00kg
No by-products generated but waste. Naxis environmental category will be Yellow Category.
Stakeholder Engagement -Human rights policy
The Naxis Group will focus on the following items in all countries and regions in which it operates.
Prohibition of inhuman treatment and discrimination: We respect the human rights, individuality and personality of our stakeholders and do not engage in any acts that disregard human rights, including discrimination and all forms of harassment. In addition, the company shall promote fair business activities by preventing human rights violations before they occur and taking appropriate action in the event of such violations.
Prohibition of forced labor: Forced labor and trafficking in persons not of free will shall be prohibited.
Prohibition of child labor: In all business activities and business relations, do not employ persons under the minimum legal working age. In addition, they shall not allow children to work in a manner that is detrimental to their development.
Respect for basic labor rights: Respect national and regional basic labor rights, including the right to organize and the right to collective bargaining, such as freedom of association and collective bargaining.
Provide a safe, hygienic and healthy working environment: Provide a safe, hygienic and healthy working environment in accordance with the law.
Ensure appropriate working time management and wages: Appropriately manage working hours, holidays and leave in accordance with the law. Comply with the legal minimum wage and take care to pay more than the living wage. In addition, wages shall not be unreasonably reduced.
*For sites with GRS certification, however, if the GRS requirements are stricter than the legal requirements in the respective countries, the GRS requirements shall be followed.
Project Benefit
We believe that through our operations in Bangladesh we can create many jobs and contribute significantly to the country's economic development. It will also train a large number of engineers and produce a large number of people who can contribute to the country's industry. By expanding this business in Bangladesh, our company will create employment opportunities for more than 100 people. In addition, through our social contribution activities, we will support the development of human resources who will help shape the future of Bangladesh.
Financial Forecasting
1. Revenue Model & Projections
Unit: Million BDT
Year
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Production Units
1
1
1
1
1
1
1
1
1
1
Per Unit Selling Price
0.00
0.00
300.00
620.00
620.00
620.00
620.00
620.00
620.00
620.00
Export Sales
0
0
300
620
620
620
620
620
620
620
2. Projected Profit & Loss Statement
Unit: Million BDT
Line Item
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Sales
0
0
300
620
620
620
620
620
620
620
Production Cost
0
3
237
452
449
449
449
450
450
451
Gross Profit
0
(3)
63
168
171
171
171
170
170
169
Admin Expense
0
19
40
42
42
42
43
43
44
44
Profit Before Tax
0
(21)
23
127
129
128
128
127
126
125
Tax Exemption
100%
100%
100%
80%
70%
60%
50%
40%
30%
20%
Corporate tax
0
0
0
3
5
6
8
9
11
12
AIT
0
0
0
1
2
2
3
4
4
5
Applicable Tax
0
0
0
3
5
6
8
9
11
12
Net Profit
0
(21)
23
124
125
122
120
118
116
113
3. Projected Balance Sheet
Unit: Million BDT
Line Item
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Total Net Fixed Assets
524
597
582
567
553
538
524
509
495
480
Working Capital & Cash
132
38
72
203
299
400
499
596
690
782
Total Assets
656
634
654
770
852
939
1,023
1,105
1,185
1,262
Paid-up Capital
298
298
298
298
298
298
298
298
298
298
Retained Earnings
0
(21)
2
126
250
372
493
610
726
839
Total Equity
298
277
300
424
548
671
791
908
1,024
1,137
Foreign Loan Outstanding
358
358
354
346
304
268
232
196
161
125
Total Liabilities & Equity
656
634
654
770
852
939
1,023
1,105
1,185
1,262
Global Networks
Our group has operations in Japan, China, Vietnam, Thailand, and Indonesia, and since all entities are ultimately owned by the Japanese parent company, we have established a structure that enables close coordination through the parent company.
For and on behalf of, NAXIS BANGLADESH CO. LTD.
√
_______________________
Mr. Chongying Liang
Managing Director of the Company