|
【NEWS RELEASE】
June 28, 2002
Construction of New Car Audio Plant in Thailand
FUJITSU TEN LIMITED (head office: Kobe,
Hyogo,
president: Takamitsu Tsuchimoto, capital:
5,300,000,000 yen) is constructing
a new
plant in the Rojana Industrial Park
located
in Rayong, Thailand. Scheduled to be
completed
in the beginning of July and to commence
operation in early August, the new
plant
aims to bolster FUJITSU TEN's expanding
car
audio business in the ASEAN region.
Presently, FUJITSU TEN (THAILAND) COMPANY
LIMITED (FUJITSU TEN THAILAND), a joint
venture
manufacturing and sales company in
the Bangpoo
Industrial Park, Thailand, is producing
car
audio products for automobile makers
in Thailand.
The production function of this plant
will
be transferred to the new plant when
completed
in order to manufacture products for
the
ASEAN region and Japan.
Due to the construction of the plant,
the
capital of FUJITSU TEN THAILAND was
increased
from 5,000,000 bahts to 200,000,000
bahts
as of December 21, 2001.
[Outline of the new plant]
| 1. Location: |
Rojana Industrial Park in Rayong, Thailand
(Rayong: a part of the eastern
coastal industrial
zone located 150 kilometers southeast
of
Bangkok) |
|
Address:
Rojana Industrial Park, 253 Moo
11, Tumbon
Nongbua, Amphur Bankai, Rayong
21120, Thailand |
|
|
| 2. Land/building: |
32,000 squere meters/5,000 squere meters,
one-story ferroconcrete building |
|
|
| 3. Products: |
Car audio products (integrated radio/cassette
players, integrated radio/CD/MD
players,
integrated radio/CD/cassette
players, etc.) |
|
|
| 4. Production scale: |
600,000 units in fiscal 2004 |
|
|
| 5. Number of employees: |
400 persons in fiscal 2004 |
|
|
| 6. Investment: |
700,000,000 yen |
|
|
7. Completion
/operation commencement: |
July/August, 2002 |
[Outline of FUJITSU TEN THAILAND]
| 1. Company name: |
FUJITSU TEN (THAILAND) COMPANY LIMITED |
|
|
| 2. Head office location: |
Bangpoo Industrial Park (suburb of Bangkok) |
|
Address:
VAC Building 2nd floor, 330 Moo
4 Bangpoo
Industrial Estate Soi6,
Sukhumvit Rd, T. Preaksa, A.
Muang, Samutprakarn
10280, Thailand |
|
|
| 3. Capital: |
200,000,000 bahts (approx. 600,000,000 yen)
* 5,000,000 bahts (approx. 14,000,000
yen)
before capital increase
* At exchange rate of 1 baht
= 2.88 yen |
|
|
| 4. Controlling share: |
FUJITSU TEN LIMITED (including subsidiaries):
80%
Vuteq Asia Group
: 20% |
|
|
| 5. Production scale: |
70,000 units in fiscal 2001 |
|
|
| 6. Number of employees: |
55 persons in fiscal 2001 (as of March 31,
2002) |
|
|
| 7. Representative: |
Noriyuki Yoshida |
|
|
| 8. Business line: |
Manufacture and sales of car audio products,
and provision of after-sales
service |
|