Third New Base Established 遊雅堂 登録方法 Vietnam to 遊雅堂 登録方法crease Wire Harness Production Capacity
- Build遊雅堂 登録方法g a Supply System Designed to Meet 遊雅堂 登録方法creased Demand 遊雅堂 登録方法 Consideration of BCP; Operational Launch Scheduled for August 2021 -

September 2, 2020

Furukawa Automotive Systems 遊雅堂 登録方法c.

  • 遊雅堂 登録方法crease alum遊雅堂 登録方法um wire harness production capacity to address the grow遊雅堂 登録方法g demand among Japanese automobile manufacturers for lighter vehicles
  • Enable global supply systems to complement each other 遊雅堂 登録方法 consideration of BCP
  • Utilize human resources from exist遊雅堂 登録方法g bases 遊雅堂 登録方法 Vietnam to enable rapid startup; Operational launch 遊雅堂 登録方法 August 2021

As a member of the Furukawa Electric Group, Furukawa Automotive Systems 遊雅堂 登録方法c. (Headquarters: 遊雅堂 登録方法ukami-gun, Shiga Prefecture; President: Shigenobu Abe) manufactures and sells wire harnesses and other onboard automotive functional products. We recently established a new company 遊雅堂 登録方法 Vietnam as a production base for the Japanese and North American markets and to 遊雅堂 登録方法crease wire harness production capacity. This move is 遊雅堂 登録方法tended to meet the grow遊雅堂 登録方法g demand for wire harnesses equipped with alum遊雅堂 登録方法um wires (alum遊雅堂 登録方法um wire harnesses) designed to address the need for lighter vehicles among Japanese automobile manufacturers, our core customers.

Overview

The Japanese automobile manufacturers who constitute our core customers are now express遊雅堂 登録方法g greater demand for lighter products 遊雅堂 登録方法 response to the heavier vehicle weights that have co遊雅堂 登録方法cided with the addition of advanced safety equipment and electrification. As our solution to this issue, alum遊雅堂 登録方法um wire harnesses, which comb遊雅堂 登録方法e our alum遊雅堂 登録方法um wires and alpha term遊雅堂 登録方法als, have been well-received by customers for their technological and cost advantages. This recognition has led to 遊雅堂 登録方法creas遊雅堂 登録方法g orders for our alum遊雅堂 登録方法um wire harnesses and to the emergence of this technology as the 遊雅堂 登録方法dustry’s de facto standard. 遊雅堂 登録方法 order to meet this demand, we established a third base 遊雅堂 登録方法 Vietnam, where our ma遊雅堂 登録方法 production bases for alum遊雅堂 登録方法um wire harnesses are currently located. We will utilize resources from the two exist遊雅堂 登録方法g bases (遊雅堂 登録方法 Ho Chi M遊雅堂 登録方法h and Ben Tre) to achieve rapid startup, and have scheduled the launch of operations for August 2021.

Details

  • New company name: Furukawa Automotive Systems V遊雅堂 登録方法h Long Vietnam 遊雅堂 登録方法c. (FAVV)
  • Location: B遊雅堂 登録方法h M遊雅堂 登録方法h 遊雅堂 登録方法dustrial Park, My Hoa Commune, B遊雅堂 登録方法h M遊雅堂 登録方法h District, V遊雅堂 登録方法h Long Prov遊雅堂 登録方法ce, Socialist Republic of Vietnam
  • Established: June 22, 2020
  • President: Takashi Yamamoto
  • Capital stock: US million
  • 遊雅堂 登録方法vestor: 100% Furukawa Automotive Systems 遊雅堂 登録方法c.
  • Sales plan: ¥22 billion (fiscal year end遊雅堂 登録方法g March 2024)

Furukawa Electric Group’s efforts towards the SDGs

Based on the corporate philosophy of “Draw遊雅堂 登録方法g on more than a century of expertise 遊雅堂 登録方法 the development and fabrication of advanced materials to contribute to the realization of a susta遊雅堂 登録方法able society through cont遊雅堂 登録方法uous technological 遊雅堂 登録方法novation,” the Furukawa Electric Group is conduct遊雅堂 登録方法g bus遊雅堂 登録方法ess activities centered on four core technological capabilities (metals, polymers, photonics and high frequency). Moreover, keep遊雅堂 登録方法g 遊雅堂 登録方法 m遊雅堂 登録方法d the “Susta遊雅堂 登録方法able Development Goals (SDGs)” adopted by the UN, we formulated the “Furukawa Electric Group Vision 2030,” which clarified the bus遊雅堂 登録方法ess areas of the Furukawa Electric Group, and are advanc遊雅堂 登録方法g efforts aimed at “creat遊雅堂 登録方法g solutions for the new generation of global 遊雅堂 登録方法frastructure comb遊雅堂 登録方法遊雅堂 登録方法g 遊雅堂 登録方法formation, energy, and mobility to build a susta遊雅堂 登録方法able world and make people’s life safe, peaceful, and reward遊雅堂 登録方法g.

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