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Fuji Electric 

“Market Cap $3.17 B As of May 2014

At a Glance

  • Industry: Electrical Equipment
  • Founded: 1923
  • Country: Japan
  • CEO: Michihiro Kitazawa
  • Website: www.fujielectric.com
  • Employees: 24,956
  • Sales: $7.66 B
  • Headquarters: Tokyo

Forbes Lists

#1984 Global 2000

  • #1199 in Sales
  • #1632 in Profit
Profile

Fuji Electric Co., Ltd. engages in the manufacture and sale of electronics, semiconductors, circuits, and control systems. It operates through the following segments: Power and Social Infrastructure, Industrial Infrastructure, Power Electronics, Electronic Devices, and Food and Beverage Distribution. The Power and Social Infrastructure segment comprises of thermal, geothermal, and hydraulic power generation, nuclear power equipment, energy management systems, substation equipment, watt-hour meters, radiation monitoring systems, and transport systems. The Industrial Infrastructure segment consists of industrial plants and facilities. The Power Electronics segment includes inverters, motors, power supply systems, power conditioners, and energy distribution and control equipment. The Electronic Devices segment produces semiconductors and magnetic disks. The Food and Beverage Distribution segment involves food and beverage vending machines, retail distribution systems, showcases, and currency handling equipment. The company was founded on August 29, 1923 and is headquartered in Tokyo, Japan.

“Fuji Electric History

Fuji Electric was established in 1923 as a capital and technology tie-up between Furukawa Electric, a spinnoff from Furukawazaibatsu company, and Siemens AG. The name “Fuji” is derived from Furukawa’s “Fu” and Siemens’ “Ji”, since German pronunciation of Siemens is written jiimensu in Japanese romanization. The characters used to write Mount Fuji were used as ateji.

In 1935, Fuji Electric spun off the telephone department as Fuji Tsushinki (lit. Fuji Communications Equipment, now Fujitsu).”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “Auvergne Business