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Fuji Heavy Industries Ltd.

(Pink Sheets:FUJHY)
Contact Information
Fuji Heavy Industries Ltd.
Subaru Bldg., 7-2 Nishi-Shinjuku 1-chome, Shinjuku-ku
Tokyo 160-8316, Japan
Tel. +81-3-3347-2111
Fax +81-3-3347-2338

Type: Public
On the web: http://www.fhi.co.jp
Employees: 26,115
Employee growth: (3.2%)

Fuji Heavy Industries (FHI) is probably best known as the maker of Subaru cars. But the company also produces aircraft components, engines, and garbage trucks. Subaru is best known for its all-wheel-drive vehicles; its Forester and Outback models have that SUV look even though they are built on small-car platforms and designed for moderate driving conditions. Other Subaru models include Impreza, Legacy, and Tribeca. FHI operates in the US through its Subaru of America subsidiary. It has manufacturing operations in China, Japan, Taiwan, and the US. FHI and General Motors have called their alliance quits.

Key numbers for fiscal year ending March, 2006:
Sales: $12,555.0M
One year growth: (6.7%)

Officers:
President, CEO, and Representative Director: Ikuo Mori

Competitors:
Honda
Nissan
Toyota

 
 
Wikipedia: Fuji Heavy Industries
Fuji Heavy Industries, Ltd.
Type Public corporation TYO: 7270
Founded Established 1953-07-15
Headquarters Tokyo, Japan
Key people Ikuo Mori, President and CEO
Industry transportation equipment manufacturing
Products Subaru automobiles, aircraft, industrial engines, garbage trucks
Revenue ¥1494.8 billion (Apr.2006 to Mar.2007)
Net income Green_Arrow_Up_Darker.svg ¥31.9 billion (Apr.2006 to Mar.2007)
Employees 11,998 (as of March 31, 2006)
Website http://www.fhi.co.jp/english

Fuji Heavy Industries, Ltd. (富士重工業株式会社 Fuji Jūkōgyō Kabushiki-gaisha?) (TYO: 7270), or FHI, traces its origins to the Nakajima Aircraft Company (est. 1917), which was the leader in aircraft manufacture for the Japanese military during WWII. FHI was established on July 15, 1953 when five Japanese companies joined to form one of Japan's largest manufacturers of transportation equipment. Currently, FHI employs more than 15,000 people worldwide, operates nine manufacturing plants and sells products in 100 countries. It currently makes Subaru brand cars, and its aerospace division makes parts for Boeing, helicopters for the Japanese Self Defense Force, Raytheon Hawker, and Eclipse Aviation business jets.

In the United States, Fuji Heavy Industries owns Subaru of America, Inc., Subaru Research & Development, Inc., and Subaru of Indiana Automotive, Inc.

Shareholders

From 1968 until 1999, FHI was 20% owned by Nissan, who acquired the stake in 1968 during a period of government-ordered merging of Japanese auto industry firms in order to improve competitiveness under the administration of Prime Minister Eisaku Sato. During their ownership, Nissan was primarily interested in its bus manufacturing division and lent automaking expertise to Subaru. Upon Nissan's acquisition by Renault, its 20% stake was sold to General Motors, but GM announced on October 6, 2005 that it will sell 8.4% of the company to Toyota and disposed of its remaining share, 11.6% of the company, on the market. [1]

Divisions

FHI has four main divisions:

The company's four divisions all share their technological advancements with one another, which has made FHI a leader in innovation. In particular, they apply a great deal of their aircraft technology to their automotive division, the most notable example being the horizontally-opposed boxer engines used in all modern Subaru automobiles.

Leadership

Past presidents

  • 1953-1956 — Kenji Kita
  • 1956-1963 — Takao Yoshida
  • 1963-1970 — Nobuo Yokota
  • 1970-1978 — Eiichi Ohara
  • 1978-1985 — Sadamichi Sasaki
  • 1985-1990 — Toshihiro Tajima
  • 1990-1996 — Isamu Kawai
  • 1996-2001 — Takeshi Tanaka
  • 2001-2006 — Kyoji Takenaka
  • 2006-present — Ikuo Mori

References

External links


 
 

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