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Fuji Electric Group

Fuji Electric Co., Ltd


1923: Establishment of Fuji Electric Manufacturing Co., Ltd

"Fuji Electric Manufacturing Co., Ltd." was established as a capital and technology alliance between Japan "Furukawa Electric Co., Ltd." and German "Siemens AG".
The company name is derived from these two companies' first sounds "Fu" and "Si" and the highest mountain in Japan, Mt. Fuji.

Brand evolution

  • 1923 - 1978
     
  • 1978 - 2002
     
  • Present

     

A world renowned-expertise

From a solid base in power and electronics, Fuji Electric Co., Ltd has expanded its business into the areas of social infrastructure, industrial equipment and systems, information equipment, and various equipment and systems that improve the quality of life and environmental protection.
Its technological innovations in the fields of energy and environment are recognized worldwide.
 


 

Fuji Electric DNA

Fuji Electric is strengthening its global manufacturing capabilities based on the concept of local design, local production, and local consumption.

We are also focusing on human resource development, which is indispensable for strengthening our high-quality manufacturing capabilities.
Our employees, who have been through tough training and honed their skills in manufacturing, are making products that customers around the world can rely on.


Key figures

  • 8,126 billion USD turnover (as of March 2022)
  • 26 757 employees (as of March 2022)
  • 4 business segments
  • Its sales network of 127 factories and sales agencies allows the Group to spread its products in 97 countries

Fuji Electric’s Energy and Environment Businesses: Toward Achieving a Decarbonized Society

Fuji Electric has been supporting industrial and social infrastructure by extensively developing power semiconductor and power electronics solutions as core technologies.
In addition, we are now working to realize a responsible and sustainable society through our energy and environment business by offering renewable energy solutions, as well as power stabilization, energy saving, and automation solutions, in order to help achieve the worldwide goal of a decarbonized society. Fuji Electric’s strength is its ability to independently develop and manufacture power semiconductors as key energy-saving devices. We utilize these devices in our power electronics equipment and offer customers comprehensive engineering services that integrate these products. By leveraging our strengths, we are contributing to the realization of the worldwide goal of a decarbonized society.

Fuji Electric 4 business segments

  1. Power generation: Leveraging advanced plant engineering capabilities to provide integrated services from design and manufacturing to on-site installation, commissioning, and after-sales services
  2. Power Electronics for Energy and for Industry: Our technologies are achieving energy supply stabilization, energy savings, and productivity improvements through the use of “substation,” “control,” and “drive” solutions.
  3. Semiconductors: Contributing to high quality, conversion efficiency, miniaturization, and energy savings
  4. Food and beverage distribution: Providing automation, energy savings, and food safety and security solutions
     

 


Corporation philosophy

We, Fuji Electric, pledge as responsible corporate citizens in a global society to strengthen our trust with communities, customers and partners.

Our mission

  • Contribute to prosperity
  • Encourage creativity
  • Seek harmony with the environment

Our slogan

  • Enthusiasm: The eagerness to contribute to society by creating new technologies and product
  • Ambition: The determination and spirit to set high goals and continuously pursue them
  • Sensitivity: The kindness to appreciate and care for our customers, colleagues and families

Management policies

  • Through its innovation in energy technology, Fuji Electric contributes to the creation of responsible and sustainable societies
  • Achieve further growth through global expansion
  • Maximize strengths as a team, respecting employees' diverse ambition

Code of conduct

  1. Respect and value all people
  2. Respect and value our customers
  3. Respect and value our business partners
  4. Respect and value our shareholders and investors
  5. Respect and value the global environment
  6. Respect and value interaction with society
  7. Make global compliance a top priority
    1. Through compliance
    2. Through risk management
  8. Top management will thoroughly practice this standard

Brand statement

Through our pursuit of innovation in electric and thermal energy technology, we develop products that maximize energy efficiency and lead to a responsible and sustainable society.


Environmental vision 2050

Fuji Electric is committed to achieving a sustainable society through its energy and environmental businesses. We announced the “Environmental Vision 2050” in 2019 to determine the direction of the Company’s long-term environmental activities.
We recently revised our “Fiscal 2030 Goals” to achieve our “Environmental Vision 2050” in light of social trends of striving to achieve a decarbonized society.

We aim to contribute to the achievement of a decarbonized society, a recycling-oriented society, and a society that is in harmony with nature by expanding the use of Fuji Electric's innovative clean energy technologies and energy-saving products.

Vision environnementale groupe fuji electricAchieve a Decarbonized Society
By targeting carbon neutrality across the supply
chain

Achieve a Recycling Oriented Society
By promoting green supply chains and 3R (Reduce Reuse Recycle) activities to reduce the environmental impact to zero

Achieve a Society that is in Harmony with Nature
By aiming for zero impact on the ecosystem through corporate activities that contribute to biodiversity

 

Fiscal 2030 Goals

We aim to achieve the following goals in order to limit the temperature increase to 1.5°C above pre-industrial levels.

  • Greenhouse gas emissions throughout the supply chain (Scope 1+2+3): Reduction of over 46% (compared to FY2019)
  • Greenhouse gas emissions through production (Scope 1+2): Reduction of over 46% (compared to FY2019)*1
  • Contribution to CO2 reduction in society through our products: Over 59 million tons/year

science-based-targetsOur Scope1,2 and Scope3 (1-8,11) targets have been approved as 1.5˚C targets by the SBTi (Science Based Targets initiative)*2

*1Reduction rate for FY2013: 54%
2*The International Climate Change Initiative (SBTi) was co-founded by UNGC (United Nations Global Compact), CDP (Carbon Disclosure Project as a former name), WRI (World Resources Institute) and WWF (World Wide Fund for Nature). It is an organization that assesses and certifies whether the greenhouse gas emission reduction targets established by companies and organizations in each country are “targets based on the science knowledge ”.

 

 


Sustainable Development Goals

Approach to Contribution to the Achievement of the SDGs

Fuji Electric’s corporate philosophy hinges on a mission to contribute to prosperity, encourage creativity, and seek harmony with the environment, while the Company’s management policies are centred on the notion of contributing to society through its energy and environment businesses. This is in line with the international community’s efforts to integrate economic, social, and environmental improvements to achieve the SDGs.

By putting this corporate philosophy and management policies into practice based on its Corporate Code of Conduct, which sets forth guidelines for the conduct of employees, Fuji Electric and its employees, together with customers and business partners, will aim to resolve social and environmental issues, create customer value, contribute to the achievement of the SDGs and the creation of a responsible and sustainable society.

Contribution to SDGs through Our Business Activities

Assessing the link between the value created by the four businesses advanced by our five segments and contributions to the accomplishment of the SDGs, Fuji Electric selected five priority goals.
Furthermore, four additional goals were designated as priorities in relation to the reinforcement of operating foundations to be pursued through overall corporate activities, making for a total of nine goals.

Priority SDGs to be Addressed through Energy and Environment Businesses

 

SDG-7-affordable-and-clean-energySDG-9-industry-innovation-infrastructureSDG-11-sustainable-cities-communitiesSDG-12-Responsible-consumption-productionSDG-13-climate-action

 

Additional priority SDG

SDG-4-quality-education SDG-5-gender-eguality SDG-8-decent-work-economic-growth SDG-16-peace-justice-strong-institutions

 


Social commitment

Respect for human rights

  • Basic Human Rights Policy
  • Promotion Structure for Human Rights Awareness
  • Promoting Respect for Human Rights

Labour practices

  • Activities and Performances for Promoting Diversity
  • Promoting Work-Life Balance
  • Human Resource Development and Fair evaluation
  • Employee Health and Safety Management
  • Communicating with Employees

Regional contribution activities

  • Policy concerning Local Community Contribution Activities
  • Promoting Youth Development
  • Protecting the Natural Environment
  • Communicating with Local Communities
  • Supporting Disaster Recovery and Reconstruction Efforts

Customers & suppliers

  • Enhancing Customer Satisfaction
  • Product Quality Assurance
  • Ensuring Product Safety
  • Fair Procurement
  • Promoting CSR Activities with Suppliers

Corporate gouvernance

We continue our efforts to further improve the transparency and supervisory function of management for stronger corporate governance in order to realize our corporate philosophy.

Compliance: We employ thorough measures to ensure compliance with laws and corporate ethics and always act with the highest ethical standards to achieve sustained corporate growth.
Risk management: Fuji Electric is strengthening its risk management to maximize corporate value and minimize the potential impact of risks.
Shareholders and Investors: Fuji Electric places the utmost emphasis on communication with shareholders and investors. We work diligently to disclose information in a timely, appropriate, and easy-to-understand manner.

 


Headquarters Fuji Electric Co., LTD

Gate City Ohsaki, East Tower,
11-2, Osaki 1-chome, Shinagawa-ku, Tokyo 141-0032, Japan
http://www.fujielectric.com/

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