General Questions & Answers about Fuji Electronics
1-1 What kind of company is Fuji Electronics?
Fuji Electronics, founded in 1970, is an independent semiconductor trading company that mainly handles foreign made semiconductors. In fiscal year ended 2011 February, net sales were 42,850million yen on a consolidated basis, with common stock of 4,835 million yen. The company has 367 employees, 8 domestic sales offices, 4 domestic subsidiaries and 4 overseas subsidiaries. Fuji Electronics’ share was traded in the over the counter market in 1990 September, then listed on the Tokyo Stock Exchange Section 2nd in 2001 January, and shifted to the Tokyo Stock Exchange Section 1st in 2003 February. (Code : 9883)
1-2 What is an independent semiconductor trading company?
An independent semiconductor trading company is not a subsidiary, nor is it an agency of a major Japanese semiconductor manufacturer, so it is possible to provide competitive foreign made semiconductors without any restrictions.
1-3 Which company is the main manufacturer supplier?
Fuji Electronics purchases analog semiconductors from Analog Devices, DSP from Texas Instruments, and DRAM from Micron technology.
The analog semiconductors from the above suppliers are approximately 50% of Fuji Electronics’ gross sales.
1-4 What is an analog semiconductor?
An analog semiconductor is playing a major role in converting “the digital signal” to “the sound and image”, which humans can then recognize.
The word “analog” sounds a little bit old-fashioned , but it is indispensable for the development of the digitalization.
1-5 What are the major customers and what are the applications?
Fuji Electronics is dealing with more than 1,400 customers, but the sum total of the sales to the top 10 customers such as Hitachi, NEC and Mitsubishi Electric is only 40% of whole sales. That means the range of our customers is very wide from small to large firms.
Fuji Electronics’ products are mainly used in the industrial equipment such as Semiconductor fabrication machines and equipment, measurement machines, FA equipment, medical equipment, office machines, space and defense equipment, pachinko, and other games, etc. Furthermore, it is used in digital consumer appliances such as digital cameras and recently Flat Panel televisions.
What is the Fuji Electronics’ strong points?
Fuji Electronics has three strong points: an experienced high technical support system, products with high additional value, strong financial management, not dependent on bank borrowing.
1-7 What is the future business strategy?
Fuji Electronics’ mid-term goal is to be a high profitable enterprise with sales of 100 billion yen and we promote our management strategy listed below;
- strengthen the sales force and technical skill with expanding adoption.
- Get new line up (suppliers) “for the best choice”.
- Reinforcement of our overseas subsidiaries, especially in Asia Pacific area.
- Fill up education for employee, make motivation management.
- Construct our internal control system.
- Promotion of M&A.
1-8 What is the role of the subsidiaries?
Three domestic subsidiaries handle small sized customers which the parent company cannot cover. Four overseas subsidiaries are importing and exporting with their parent company, while gathering information from abroad.
1-9 How does Fuji Electronics grapple with environmental problems?
Concerning the environment, Fuji Electronics management acquired a certificate of international standard “ISO14001″ in December 2002.
1-10 How does Fuji Electronics treat the investors?
Fuji Electronics recognizes that IR is very important, so we try to maintain a high dividend policy and to disclose performance information clearly and timely.