subsidiary in Japan
Air-conditioning and commercial refrigeration company Blue Star has incorporated a wholly owned subsidiary, Blue Star Innovation Japan in February 2023. Blue Star Innovation Japan will be engaged in research and development of refrigeration cycles, control algorithms, and control boards for residential and commercial air conditioners and cold/hot water chillers.
The company is yet to commence its business operations. The company said that the proposed initial investment is up to ¥ 40 million. The company conducts various activities, such as electrical, plumbing and fire-fighting services. Its segments include electro-mechanical projects and packaged air conditioning systems, and unitary products.