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Central America is strategically located between North America and South America, linking one to the other. Geographically, it is located between the southeastern border of Mexico and the isthmus of Panama, surrounded by the Pacific Ocean and the Atlantic Ocean. Its territory is approximately 762,064 square km.
The strategic location of Central America provides access to important markets in Latin America and in the United States. Moreover, the distance between each country is not great, and 70% of commerce in the region is located in just four countries: El Salvador, Guatemala, Honduras and Nicaragua.
According to one representative of the textile and apparel business doing business in the region, “The proximity to the United States’ market offers a particular advantage over China; it allows production in regular cycles and the ability to respond more timely than Asia to market demands.”
Location is a natural advantage, but it’s just one of the many advantages that Central America offers. The quality of our people makes our workforce a very special one, so special that the Central American labor force is recognized throughout the region and the world.
An enterprise is an important member of society, and as such, it must coexist with other elements of society. Its value will be recognized by the benefits it shares with society.
Tadao Yoshida, YKK’s founder, carefully considered this need for mutual prosperity as he planned his business endeavors. He determined that contributions to society could best be achieved by the continual creation of value through innovative ideas and inventions. The resulting business expansion would bring prosperity to consumers and trading partners, thus benefiting all society.
For example, if a more efficient machine can be developed, productivity will be enhanced; or, if the material loss rate can be reduced, lower cost in the final product will be attained while making the best use of limited resources. Also, Tadao Yoshida felt strongly that the fruits of these innovative ideas must not be retained by any individual.
Instead, they should be distributed widely to society, thereby circulating the benefit. In this way, one can prosper while making a contribution to the enrichment of all humankind. Tadao Yoshida called this the Cycle of Goodness®, and he made this idea his fundamental philosophy of business. We retain this concept as the ongoing business philosophy of YKK.