The Furukawa Battery Stock

The Furukawa Battery Co., Ltd. provides storage batteries, power supply products and related services for vehicles, buildings and public facilities across a wide range of fields from rail and aviation to space. The company develops a bipolar storage battery. The company is a subsidiary of Furukawa Electric Co., Ltd.

The company has developed core technologies in secondary battery materials, production and evaluation. It has also designated next-generation lead-acid batteries, lithium-ion batteries and other next-generation batteries (lithium-sulfur batteries, batteries that used thick type electrodes, etc.) as key areas of focus for growth in the medium to long term. The company has collaborative creation with other universities and companies, such as ABRI Co., Ltd., its joint venture with Tokyo Metropolitan University.

Automotive business

The company manufactures and sells automotive lead-acid batteries (including for eco-friendly cars) and lead-acid batteries for motorcycles supplied to Japanese automakers, and lead-acid batteries for meeting replacement and repair demand. It manufactures and sells lead-acid batteries for cars and motorcycles through subsidiaries in Thailand (SFC) and Indonesia (FIBM)

Industrial business

The company manufactures and sells industrial storage batteries (lead-acid batteries, alkaline storage batteries, lithium-ion batteries for space development), power supply units (DC and AC power supply units). Its main customers include local governments; railway companies; electric power companies; telecommunications carriers; electric machine manufacturers; and communication equipment manufacturers.

Real Estate business

The company engages in real estate leasing and building management through its consolidated subsidiary, HD Holdings Co., Ltd. It manufactures resin molded products through its consolidated subsidiary, Daiichi Giken Kogyo Co., Ltd.

Strategy

The key elements of the company’s strategy are to fully leverage the technological and development capabilities cultivated through installation in new vehicles to promote the manufacturing and sale of products adapted to change; augment production capacity and improve business efficiency through capital investment; make full use of its technological advantages, an extensive product lineup that includes lead-acid batteries, alkaline storage batteries and power supply equipment, and systems that comprehensively handle everything from manufacturing and sales to installation work, maintenance and inspections, and in doing so better serve its customers, expand the areas in which it does business; strengthen partnerships, including collaboration and technical alliances to promote development of overseas rail and electricity storage markets; and building new business models that emphasize solutions and services (technology and installation).

Partnership

The company’s main partners include Dry Cell and Storage Battery Joint Stock Company; Exide Industries Limited; EXIDE Pakistan Limited; Shandong Sacred Sun Power Sources Co., Ltd.; and East Penn Manufacturing Company, Inc.

History

The Furukawa Battery Co., Ltd. was founded in 1914. The company was incorporated in 1914.