Page 49 - Forbes - Asia (September 2018)

FORBES ASIA

The Fab 50

Nidec 3
Group, it’s chaired by Dheeraj Hinduja, YEARS ON LIST: 3
a third-generation scion of the clan. It INDUSTRY: MOTOR MANUFACTURER
SALES: $13.4 BIL
turns 70 this month, but the Hindujas MARKET CAP: $42.5 BIL
bought a stake only in 1987. TOP EXECUTIVE: SHIGENOBU NAGAMORI
Open House Ì
CHINA AOYUAN INDUSTRY: REAL ESTATE BROKERAGE
PROPERTY GROUP SALES: $2.7 BIL
Making CHINA TOP EXECUTIVE: MASAAKI ARAI
MARKET CAP: $3.1 BIL

Their Debut Headquartered in Guangzhou, the INDUSTRY: RECRUITING SERVICES
Outsourcing Ì
company develops high-end residential
SALES: $2.1 BIL
THESE COMPANIES ARE JOINING THE and commercial properties. Guo Ziwen MARKET CAP: $2 BIL
ELITE 50 FOR THE FIRST TIME AFTER started it in 1996 to tap the Hong Kong TOP EXECUTIVE: HARUHIKO DOI
OUTPERFORMING THEIR RIVALS IN market. He later moved the company to Welcia Holdings Ì
INDUSTRIES RANGING FROM MOBILE the mainland and switched to developing INDUSTRY: DRUGSTORES
SALES: $6.2 BIL
GAMING TO MOPEDS. sports properties. It now boasts proper- MARKET CAP: $4.8 BIL
ties in 80 cities in China, Australia and TOP EXECUTIVES: TAKAMITSU IKENO,
ASHOK LEYLAND Canada. Guo and his brother, Guo Zining, HIDEHARU MIZUNO

INDIA own 54.1%. M A L AYS I A
The Chennai vehicle maker is India’s Batu Kawan
second-largest producer of commercial DALI FOODS GROUP YEARS ON LIST: 4
vehicles and ranks No. 4 globally in CHINA CONSECUTIVE YEARS: 4
INDUSTRY: CHEMICALS
buses. Notching a 34% jump in revenue Headquartered in Fujian, the company SALES: $5 BIL
MARKET CAP: $1.7 BIL
in its last fiscal year, the company boasts makes and sells snacks and beverages.
TOP EXECUTIVES: LEE OI HIAN,
nine manufacturing plants—seven in Founded in 1989 and listed in 2015, it LEE HAU HIAN
India, one in the Middle East and one operates 30 production bases. Its three Press Metal Aluminium Ì
in the U.K. The flagship of the Hinduja most famous brands—Daliyuan baked INDUSTRY: ALUMINUM PRODUCTION
SALES: $2 BIL
MARKET CAP: $4.7 BIL
TOP EXECUTIVE: KOON POH KEONG

S O U T H KO R E A

Amorepaci c 3
YEARS ON LIST: 3
INDUSTRY: COSMETICS
SALES: $4.5 BIL
MARKET CAP: $16.2 BIL
TOP EXECUTIVE: SUH KYUNG-BAE
Netmarble Ì
INDUSTRY: MOBILE GAMING
SALES: $2.1 BIL
MARKET CAP: $9.2 BIL
TOP EXECUTIVE: BANG JUN-HYUK
V I E T N A M

Mobile World Investment
YEARS ON LIST: 2
CONSECUTIVE YEARS: 2
INDUSTRY: ELECTRONICS & APPLIANCES
RETAILING
ANTA SPORTS PRODUCTS SALES: $2.9 BIL
MARKET CAP: $1.7 BIL
CHINA TOP EXECUTIVE: NGUYEN DUC TAI
The Fujian company was the first Chinese sportswear outfit to reach 10 billion yuan
Vingroup Joint Stock Co. Ì
in annual sales. Started in 1991 as a shoemaker, the company now boasts 11,316 stores INDUSTRY: PROPERTY DEVELOPMENT
across China, its revenue split between footwear and apparel. It designed outfits for SALES: $3.9 BIL
MARKET CAP: $14.1 BIL
Chinese athletes in the Winter Olympics in South Korea this year and will be the of- TOP EXECUTIVE: PHAM NHAT VUONG
ficial sportswear partner for the 2022 Winter Olympics in Beijing. Its roster of super-
star endorsers includes Filipino boxer Manny Pacquiao; Kevin Garnett, once the NBA’s
highest-paid player; and former World No. 1 women’s tennis player Jelena Janković.

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SEPTEMBER 2018 FORBES ASIA | 47