Subaru Corporation
| Subaru Corporation
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|---|---|
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| legal form | Kabushiki-gaisha (joint stock company) |
| ISIN | JP3814800003 |
| founding | July 15, 1953 |
| Seat | Shinjuku , Tokyo , Japan |
| management | Ikuo Mori (President & CEO) |
| Number of employees | 13,883 (March 2015) |
| sales | 3.232 billion JPY (2015) |
| Branch | Automotive industry , aerospace industry |
| Website | www.subaru.co.jp |
The Subaru Corporation until 2017 Fuji Heavy Industries, Ltd. (FHI, Japanese 富士 重工業 株式会社 , Fuji Jūkōgyō Kabushiki-gaisha (KK)), listed in the Nikkei 225 , is one of the largest Japanese manufacturers of means of transport that emerged from the aircraft manufacturer Nakajima Hikōki . FHI is also a supplier to other aircraft manufacturers such as Boeing .
Besides brand cars Subaru provides FHI also locomotives, buses, agricultural machinery and aircraft (including under the name "Fuji Aero Subaru") ago and the Japanese Space Shuttle was the construction of Hope X involved. The popular Japanese scooter Rabbit was also built by Fuji Heavy Industries.
The Toyota Motor Corporation since October 2005. holds a minority interest of 8.7% (or in April 2008 increased to 16.5%) of Fuji Heavy Industries.
history
In 1953 the company Fuji Sanyo Co. Ltd. (formerly Nakajima Aircraft Co. Ltd. ) granted the American military permission to reunite six of the twelve parts of the company. So on July 15, 1953, Fuji Heavy Industries was founded. Four years later, the first automobile under the Subaru brand rolled off the assembly line.
In the 1960s, long-term corporate goals were set. a. also provided for permanent activity in various business areas. In order to achieve this internationally, FHI went public in 1960.
On December 10, 1999, FHI entered into a strategic alliance with General Motors . GM then became the largest single shareholder in FHI with a 20% stake in the company. a. Access to Subaru all-wheel drive technology. In 2005 both companies dissolved this partnership and ongoing projects were stopped. GM sold portions of Fuji Heavy Industries' common stock to Toyota Motor Corporation by arrangement .
Today Fuji Heavy Industries focuses on the development and manufacture of transport technologies, the most important branch of the company being the automotive division Subaru, which makes around 85 percent of FHI's sales (as of 2004).
In May 2016, the group announced that it would rename itself to "Subaru Corporation" after its most profitable division, Subaru, from fiscal year 2017. At the same time, the division into an automotive group with integrated industrial products and an aircraft company is planned.
See also
Web links
Individual evidence
- ↑ Company overview on fhi.co.jp , accessed on May 26, 2016
- ^ Fuji Heavy Industries Ltd. (7270) , from 4traders.com, accessed May 26, 2016
- ↑ GM gets out at the same time - Toyota buys into Subaru. In: handelsblatt.com . October 5, 2005, accessed July 27, 2019 .
- ↑ Japan's Fuji Heavy shares rally on expanded alliance with Toyota group on forbes.com ( Memento from February 17, 2009 in the Internet Archive ) from April 11, 2008 (English)
- ↑ Fuji Heavy becomes Subaru , accessed on May 28, 2016 at japanmarkt.de
- ^ Subaru Corporation integrates Fuji Heavy Industries , accessed on May 28 at automobil-industrie.vogel.de