Two U.S. Subsidiaries Merged
- Marketing and product planning capabilities strengthened -
Mar. 31, 2010
FUJITSU TEN LIMITED
Aiming to further raise customer satisfaction in the North and South American markets, FUJITSU TEN Limited (Head Office: Kobe City, Hyogo Prefecture; President & Representative Director: Keijiro Katsumaru; capitalization: 5.3 billion yen) is merging its U.S. marketing subsidiary FUJITSU TEN CORP. OF AMERICA (FUJITSU TEN America) and its U.S. engineering development subsidiary FUJITSU TEN TECHNICAL CENTER, USA, INC. (FUJITSU TEN Technical Center USA), as of April 1, 2010. The surviving company will be FUJITSU TEN America.
This merger of a marketing company with an engineering development company will strengthen marketing and product planning capabilities in the North and South American markets. Besides having speedier decision-making, the surviving company will make fine-grained responses to customer needs. In the future, it will aim to expand business in goods for automobile sales companies - an area where growth is anticipated - in addition to those for automobile companies.
Outline of the surviving company
1.Corporate name | FUJITSU TEN CORP.OF AMERICA (FUJITSU TEN America) |
---|---|
2.Location of Head Office | Torrance, California, U.S.A. (current location of FUJITSU TEN America's Head Office) |
3.Representative | Yasuhiko Kotsuji (currently Representative of FUJITSU TEN America) |
4.Capitalization/stockholding | 42.5 million US dollars/100% of stock held by FUJITSU TEN Limited |
5.Number of employees | 233 |
6.Lines of business | Marketing, product planning, procurement, production, sale, quality control, servicing, development, and design of automobile related equipment and parts |
Outlines of merged companies
Corporate name | FUJITSU TEN CORP.OF AMERICA | FUJITSU TEN TECHNICAL CENTER, USA, INC. |
---|---|---|
Location of Head Office | Torrance, California | Plymouth, Michigan |
Representative | Yasuhiko Kotsuji (concurrently Executive Director of FUJITSU TEN Limited) | Akihiro Fujiwara |
Date of founding | August 20, 1976 | October 1, 2002 |
Capitalization/stockholding | 41.5 million US dollars/100% of stock held by FUJITSU TEN Limited | 1 million US dollars/100% of stock held by FUJITSU TEN Limited |
Number of employees | 197 (as of March 31, 2010) | 36 (as of March 31, 2010) |
Lines of business | Procurement, production, sale, maintenance, and servicing of car infotainment* equipment and automobile electronic equipment | Product planning, development, and design of car infotainment* equipment/parts and automobile electronic equipment/parts, and all operations incidental or pertaining thereto |
* Infotainment equipment:
car navigation, car audio, mobile communication equipment, and the like. “Infotainment”is a word created by blending “Information” and “Entertainment”.
[Inquiries from the press]
PUBLIC RELATIONS DEPT., FUJITSU TEN LIMITED
E-mail:pr@ten.fujitsu.com
TEL: +81-78-682-2170
The contents of a press release are as of the publication. Later, they are apt to be changed without notice. Thank you for understanding in advance.