CrEaTinG SuPErior EnironMEnTS · 2009. 10. 7. · Net cash provided by (used in) financing...

FuJiTa CorPoraTion

ANNUAL REPORT 2009

Creating Superior

EnvironmEnts

Fujita Corporation is a general contractor, founded in 1910 in Hiroshima. We’re excited to be approaching our 100th

anniversary in 2010.

The Company is engaged in the planning, design, and execution of all types of construction and civil engineering

projects, guided by a corporate philosophy that states “For nature, for society, for communities, and for more fulfilling

lives, Fujita is constantly at work.” Fujita boasts specialist expertise in “creating communities.” We have been involved

in urban regeneration since the 1970s, delivering numerous urban redevelopment projects and proposal and planning

projects for major facilities.

Fujita has built up an impressive record of accomplishments in the construction business over the past 100 years,

accumulated expertise in urban redevelopment over nearly 40 years, and developed environmental technologies based

around our corporate mission of “Creating Superior Environments.” The Company provides total solutions that extend

beyond the conventional scope of the construction business and has started working towards the goal of becoming a

“Supra-general Contractor.”

Fujita aims to enter new territory in its general contractor business, for nature, for society, for communities, and for more

fulfilling lives.

FiNANciAL HigHLigHTs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

MEssAgE FROM MANAgEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

REviEw OF OPERATiONs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

MAjOR PROjEcT cOMPLETiONs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

MAjOR ORdERs REcEivEd . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

REsEARcH & dEvELOPMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

cORPORATE sOciAL REsPONsibiLiTy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

cORPORATE gOvERNANcE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

FINANCIAl SeCTION

cONsOLidATEd FiNANciAL sTATEMENTs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

NON-cONsOLidATEd FiNANciAL sTATEMENTs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

cOMPANy ORgANizATiON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51

OvERsEAs OPERATiONs/PRiNciPAL sUbsidiARiEs ANd AFFiLiATEs . . . . . . . . . . . . . . . . 52

cORPORATE dATA/diREcTORs, cORPORATE AUdiTORs ANd OPERATiNg OFFicERs . . . 53

Forward-looking StatementsPlans, forecasts, outlooks and other forward-looking statements in these materials are based on Fujita’s forecasts and outlooks in accordance with strategies, targets and assumptions at the time these materials were prepared. Consequently, these statements incorporate various risks and uncertainties. Due to these risks and uncertainties, Fujita’s actual performance may differ from these plans, forecasts and outlooks.in addition, information in these materials concerning the economy, the industry and companies other than Fujita Group companies are all based on information that is available to the public. Fujita makes no assurance whatsoever regarding the accuracy or suitability of this information, and provides no guarantee regarding this information.

PROFiLE

cONTENTs

Financial HigHligHts

Millions of YenThousands ofU.S. Dollars

Years ended March 31 2007 2008 2009 2009

Consolidated:Statements of Income:Revenues ¥351,289 ¥350,111 ¥329,226 $3,351,588Gross profit 27,076 28,867 26,399 268,747Gross profit margin 7.7% 8.2% 8.0%Operating income 9,328 10,238 6,928 70,534Operating margin 2.7% 2.9% 2.1%Net income (loss) 7,514 10,633 (9,572) (97,442)

Statements of Cash Flows:Net cash provided by (used in) operating activities 11,231 4,184 (17,620) (179,374)Net cash provided by (used in) investing activities 394 1,139 (159) (1,613)Net cash provided by (used in) financing activities (9,176) 1,317 (1,957) (19,925)Cash and cash equivalents at end of year 52,364 58,499 37,518 381,944

Balance Sheets:Net assets 28,260 36,615 25,193 256,469Total assets 241,823 208,734 200,192 2,037,993Equity ratio 10.9% 16.5% 10.9%

Yen U.S. Dollars

2007 2008 2009 2009

Per Share Information:Net income (loss) ¥ 14.48 ¥22.80 ¥(25.39) $(0.258)Diluted net income 14.44 22.75 – –Net assets (36.46) (15.53) (43.55) (0.443)

07 08 090

100

200

300

400

07 08 090

5

10

15

Revenues(Billions of Yen)

Operating Income(Billions of Yen)

Operating Margin(%)

07 08 090

1.0

2.0

3.0

4.0

Note: The U.S. dollar amounts included herein are presented solely for convenience and are stated, as a matter of arithmetic computation only, at ¥98.23 = U.S.$1.00, the prevailing exchange rate on March 31, 2009. The translation should not be construed as a representation that the yen amounts actually represent, or have been or could be converted into U.S. dollars at the above or any other rate.

ANNUAL REPORT 2009 FUJITA CORPORATION FUJITA CORPORATION ANNUAL REPORT 2009 1

Message FroM ManageMent

corporate pHilosopHy: “For nature, for society, for communities,

and for more fulfilling lives, Fujita is con-

stantly at work.”

Fujita has defined its corporate philosophy as “For

nature, for society, for communities, and for more

fulfilling lives, Fujita is constantly at work.” We are

developing our business, centered on construc-

tion, in line with the company slogan “Creating

Superior Environments.”

We combine the Company’s environmental tech-

nologies, expertise, and extensive experience in

construction and urban redevelopment projects to

create unique value and to generate total solutions

that fulfill customer needs, in line with our mission

to support society by creating communities.

Fiscal 2008 results: Operating income down 32.3% to ¥6.9 billion,

operating margin down 0.8 of a percentage

point to 2.1%

During the second half of the fiscal year ended March

2009, economic conditions in Japan deteriorated

sharply and dramatically due to the worldwide eco-

nomic slowdown and the soaring yen. The construc-

tion industry continued to present a challenging

management environment, with competition for

orders as fierce as ever amid a decline in construc-

tion investment in both the public and private sectors.

Under these conditions, the Company saw its

performance decline with construction orders down

by 14.7% to ¥281.9 billion as private sector con-

struction orders in Japan, our mainstay source for

individual orders, declined.

Consolidated operating income declined 32.3%

year on year to ¥6.9 billion due to a decline in

income recorded in our real estate business. The

operating margin fell by 0.8 of a percentage point

year on year to 2.1%.

In the period under review we recorded a net

loss of ¥9.6 billion. This was due to extraordinary

losses recorded as some clients suspended proj-

ects or underwent legal liquidation because of

the sharp economic downturn in the second half

of the fiscal year.

Future strategy: Management plan formulated for Fiscal

2009–2010 features plans for building an

efficient business framework and enhanced

risk management.

In light of the sharp deterioration in business condi-

tions since the fall of last year and the financial

accounts for the previous period, we formulated a

management plan for fiscal 2009–2010.

The plan calls for a return to management basics,

with construction of an efficient business framework

and enhanced risk management. The plan also

features numerical targets for consolidated operating

income of ¥6.0 billion for fiscal 2009 and ¥9.0

billion for fiscal 2010.

In implementing this plan, Fujita seeks not only to

raise its corporate value, but also to embody the

notion of a “Supra-general Contractor” by providing

total solutions for the diverse needs of our custom-

ers as we seek to maximize customer satisfaction.

Takuji UedaPresident

ANNUAL REPORT 2009 FUJITA CORPORATION FUJITA CORPORATION ANNUAL REPORT 20092 ANNUAL REPORT 2009 FUJITA CORPORATION FUJITA CORPORATION ANNUAL REPORT 2009

review oF operations

Fujita provides comprehensive services encompassing all phases of the construction process: from planning and proposals, through design, execution, operation and maintenance, to repairs and renovations. We have earned an extremely positive reputation with customers for this integrated system, which we developed from the expertise and experience we have accumulated over the Company’s 100-year history.

Construction business orders fell 14.7% year on year to ¥281.9 billion. Of this figure, ¥256.3 billion comprised orders at our core construction company, Fujita. This repre-sents a 14.6% year on year decline following a fall in orders for construction projects in Japan. The breakdown of Fujita orders was ¥205.4 billion (down 17.8% year on year) from construction and ¥50.9 billion (up 0.8% year on year) from civil engineering.

Revenues fell 3.4% year on year to ¥311.6 billion and operating income fell 10.1% year on year to ¥8.9 billion.

CONSTRUCTION

Fiscal 2008 resultsConstruction servicesRevenues and Operating Income(Billions of Yen)

Fujita has been operating its real estate business for almost 40 years. We have used our skills in planning proposals and our expertise in negotiating the adjustment and exchange of property interests among the various property owners to “create communi-ties” by developing large-scale complexes and planned town developments. Going forward, we aim to utilize expertise we have gained in community creation to generate added value, and, while discerning the business risks, develop a full-fledged urban development business of renewing and revitalizing communities.

Real estate revenues fell 43.0% year on year to ¥10.3 billion, mainly due to a decline in sales from Fujita’s equal-value exchange business, which was impacted by the dete-rioration in the real-estate market.

Operating income fell 80.2% year on year to ¥0.5 billion.

REAL ESTATE

Real estate business services Fiscal 2008 resultsRevenues and Operating Income(Billions of Yen)

n Revenues n Operating Income

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5

10

15

20

0

1

2

3

4

In addition to our construction and real estate businesses, we are also engaged in the purchase and sale of construction materials, building maintenance services, and other business at our consolidated subsidiaries.

In the fiscal year ended March 31, 2009, this segment reported revenues of ¥7.4 billion, down 22.1% year on year, mainly due to a fall in revenues of construction materials at our con-solidated subsidiaries.

Operating income fell 13.9% year on year to ¥0.4 billion.

OThER BUSINESSES

Other business services Fiscal 2008 resultsRevenues and Operating Income(Billions of Yen)


07 08 090

3

6

9

12

0

0.2

0.4

0.6

0.8


07 08 090

100

200

300

400

0

3.0

6.0

9.0

12.0

ANNUAL REPORT 2009 FUJITA CORPORATION FUJITA CORPORATION ANNUAL REPORT 2009 ANNUAL REPORT 2009 FUJITA CORPORATION FUJITA CORPORATION ANNUAL REPORT 2009 3

Major project coMpletions

Project Name and Description

aQua terra calm squareLocation

adachi ward, tokyoCustomer

towa real estate Development co., ltd., Kintetsu real estate co., ltd., Daiwa House industry co., ltd.Completed

september 2008Overview

apartment block, reinforced concrete construction, one basement level and 18 aboveground levels, 43,651 m2


northport MallLocation

yokohama city, Kanagawa prefectureOriginally commissioned by

Kohoku sc co., ltd.Customer

nippon steel corporationCompleted

March 2007Design

FujitaOverview

commercial complex, reinforced concrete con-struction, two basement levels, nine aboveground levels, one penthouse, 141,125 m2



Kurihama chuo Driving school (aeon yokosuka Kurihama shopping center)Location

yokosuka city, Kanagawa prefectureOriginally commissioned by

Kurihama chuo Kaikan co., ltd.Customer

Mitsubishi estate co., ltd., aeon co., ltd.Completed

august 2008Design

FujitaOverview

Driving school, shops, reinforced concrete/steel frame construction,one basement level, 5 aboveground levels, 47,113 m2

Projects Completed in the Current Fiscal Year Type Customer

New Factory for Nissan Shatai Kyushu Co., Ltd. Production facility Nissan Motor Co., Ltd.

Additional lanes around Yokkaichi City for the Higashi-Meihan Expressway

Road Central Nippon Expressway Company Limited



Kobe Minato warehouseLocation

Kobe city, Hyogo prefectureCustomer

inui warehouse co., ltd.Completed

February 2009Design

FujitaOverview

warehouse, steel frame construction, four levels, 76,398 m2


Haizuka DamLocation

Miyoshi city, Hiroshima prefectureCustomer

Ministry of land, infrastructure, transport and tourism, chugoku regional Development BureauCompleted

March 2007Overview

concrete gravity dam, dam height 50 m, dam volume 164,000 m3



almeida Memorial Hospital of the oita city Medical associationLocation

oita city, oita prefectureCustomer

oita city Medical associationCompleted

December 2008Overview

general hospital (385 beds), reinforced concrete construc-tion, seven aboveground levels, penthouse (one level), 23,400 m2


Major orDers receiveD


onagigawa commercial Facility upgrade project (temporary name)Location

Koto ward, tokyoCustomer

japan Freight railway companyScheduled Completion

May 2010Overview

shopping centercommercial building: Fsrpc-B (Fujita steel plus reinforced precast concrete–Band type) construction, four levels, 84,385 m2

car park building: steel frame construction, five levels, 20,198 m2

Fitness building: steel frame construction, two levels, 4,635 m2

other associated facilities 1,571 m2


Higashi sakuramachi District class 1 urban redevelopment project new construction of Facilities and BuildingsLocation

Fukuyama city, Hiroshima prefectureCustomer

Fukuyama eki-mae Kaihatsu co., ltd.Scheduled Completion

january 2011Overview

High-rise residential, hotel, office building and com-mercial facility, one basement level, 16 and 28 aboveground levels 51,010 m2



Japanese Red Cross Azumino Hospital Reconstruction ProjectLocation

Azumino City, Nagano PrefectureCustomer

Japanese Red Cross SocietyScheduled Completion

December 2010Overview

Hospital (321 beds), reinforced concrete construction, six levels, 22,090 m2


New Construction of Facilities and Buildings for Class 1 Urban Redevelopment Project at Koriyama Station Block 1 District 1Location

Koriyama City, Fukushima PrefectureCustomer

Koriyama Station First District Class 1 Urban Redevelop-ment AssociationScheduled Completion

October 2010Overview

Hospital, Apartment, Shops, Multilevel car parking facilityReinforced concrete, steel frame construction, one base-ment level, 24 aboveground levels, 29,325 m2

Orders Received in the Current Fiscal Year Type Customer

ProLogis Parc Ichikawa II Project Logistics facility ProLogis Ichikawa 2 Co., Ltd.

New Construction of Nagasaki 251 Mayuyama Tunnel Tunnel Ministry of Land, Infrastructure, Transport and Tourism, Kyushu Regional Development Bureau


Automation technologies (remote-controlled construction robot Robo-Q):

Safer working environments using IT

The remote-controlled construction robot Robo-Q was developed through a collaboration between

Fujita and the Kyushu Regional Development Bureau of the Ministry of Land, Infrastructure, Transport

and Tourism. The robot can be easily transported, and can be installed in general-purpose construction

machinery in order to enable remote operation of the equipment. Robo-Q is highly maneuverable

during emergencies and can be used for rapid-response disaster relief when time is a pressing factor.

In the major landslide at Nakagusuku, Okinawa in June 2006, Robo-Q received great acclaim

for its role at the site in preventing a secondary disaster and preventing any further damage.

FESTA Method: Using aquatic vegetation to improve the water environment

The Floating Island of Emerged and Submerged Vegetation (FESTA) method is a technology to regener-

ate water vegetation and improve water quality through the combined effects of floating islands planted

with emerged plants such as yellow flag iris and islands planted with submerged plants such as hyd-

rilla. Fujita has already developed various cleaning technologies to improve closed water environments

such as lakes and marshes. We are confident that we will be able to effectively regenerate endangered

lake and marsh habitats by combining these technologies for preserving the environment.

With the stated objective of creating superior environments, research and development at Fujita is aimed at rapidly

responding to social and customer needs and making a concerted effort to develop construction and civil engineering

technology platforms and environmental technologies. Our research activities cover many areas from basic and applied

research to new technology and product development. We also collaborate proactively with government agencies,

Japanese and overseas universities, and companies in other business sectors—efforts which are proving to be fruitful.

FSRPC-B Construction (Fujita Steel plus Reinforced Precast Concrete—Band type)

FSRPC-B is Fujita’s proprietary construction method for hybrid structures using reinforced concrete

pillars and steel beams. The method offers superior earthquake resistance by using a “band plate” to

reinforce the crucial joint between the beams and pillars in hybrid constructions. It also requires less

power to implement through its use of a “wrap plate”—a structure that also serves as a concrete

formwork. FSRPC-B enables large-span structures to be built at low cost, and can be used on high-

rise structures up to 60 meters in height.

researcH & DevelopMent

construction tecHnologies

civil engineering tecHnologies

environMental tecHnologies


At Fujita we recognize it as our social responsibility to realize our corporate philosophy of “Creating Superior

Environments.” We do more than simply comply with laws and ordinances; we are working to support the

development of a sustainable society through our business activities.

Corporate social responsibility is increasingly under the spotlight, and greater emphasis is being placed on the careful management of stake-

holder relationships and concrete and effective corporate activities. Social contribution is a particularly important element in corporate activ-

ity. Supporting communities through construction not only increases Fujita’s corporate value, but also raises the social value of our

technologies and business and improves employee satisfaction and motivation.

Fujita prioritizes communication with local communities above all else. We actively collaborate with local communities in our business in

order to create communities that are inspiring and pleasant places to live, study, and work for as many people as possible.

Developing our socially minded “Chiku-iku” program

Our “Chiku-iku” social contribution program is aimed at using construction to communicate with the

members of the local community, especially the children and young people who are the key to the

future, about the joy of creating, the importance of building communities, and the significance of the

natural environment. The program also works to encourage children and young people who have a

desire to be construction engineers in the future.

We will continue to develop and propose “Chiku-iku” activities in order that as many people as

possible might come to know the appeal of the construction industry, its enormous scope, its far-

reaching contribution to society, and the high level of technological capability that has been achieved

in the field.

Initiatives in diversity management

At Fujita we feel that diversity strengthens the Company, and we are working to advance diversity in

all aspects of our corporate activities.

As a basic approach for advancing diversity, we treat everyone according to their contribution to

the Company, offering equal and fair opportunities, while at the same time considering and offering

support for individual circumstances and limitations.

In advancing diversity, we established the Diversity Promotion Office, and we are actively creat-

ing an environment where the diverse people that make up our human resources can achieve their

individual potentials.

Participants on a worksite observation tour

A general meeting of Fujita’s women’s career track network “F-net”

supporting local coMMunities tHrougH construction

corporate social responsiBility


Fujita’s basic focus is to generate profits, increase corporate value,

and then return profits to shareholders. In order to achieve this,

we place the highest emphasis on managing the company in a

timely, transparent, fair, and flexible manner and pursuing organi-

zational and systematic reforms.

Our Board of Directors comprises at least three but no more

than nine Class-A directors and at least one but no more than 13

Class-B directors. Class-B directors are appointed from outside

the Company. As stipulated in the Articles of Incorporation, a

Meeting of Shareholders at which a director is to be appointed

must be attended by a quorum of shareholders representing at

least one third of exercisable voting rights, and each director is

appointed on the basis of a majority of voting rights, without use

of cumulative voting. We have 13 directors (of whom seven are

external appointments).

Fujita’s Board of Directors is composed of the directors

described above and is responsible for establishing basic man-

agement strategy, deciding issues related to annual business

targets and other important administrative matters, and oversee-

ing the ongoing execution of operations. The Board also holds

regular management meetings to ensure rapid decision-making

on important operational matters not covered at meetings of the

Board of Directors.

We have introduced an operating officer system. Operating

officers are appointed by the Board of Directors and are given

authority from the Representative Director to manage operational

matters. As the party responsible for the operation of a particular

business area, each operating officer will follow the business strat-

egy decided by the Board of Directors and develop and implement

operational strategies to achieve the business strategy, thus assist-

ing the Representative Director.

Fujita has Corporate Auditors as well as a Board of Corporate

Auditors. We have four Corporate Auditors (three of whom are

Outside Auditors) who participate in various meetings and commit-

tees, including Board of Director meetings and management meet-

ings, and who oversee execution of business by the Directors.

For internal audits, four members of the Audit Department

conduct operational audits and three members of the Audit

Department conduct an evaluation of the state of development

and operation of the internal control systems for financial report-

ing. The results of the operational audit and internal control

system evaluation are reported at the management meeting of

the Board of Directors. Financial audits are performed by the

accounting auditor Ernst & Young ShinNihon. The auditors, Audit

Department, and financial auditors work together to make the

audit more effective.

Fujita has consultancy contracts with a number of lawyers as

part of a system to ensure legal control of our business activities

from a number of different perspectives.

We have also defined a Charter of Business Conduct with the

aim of further improving the public spirit and ethical nature of our

business activities and improving individual accountability. In

order to make further improvements, we have

established a Compliance Committee of legal

experts and other individuals with specialist

expertise to ensure our business activities

comply in terms of laws and ordinances,

public spirit, and ethics and to prevent corpo-

rate misconduct.

Finally, we have established an Information

Security Committee in order to improve our

systems to manage information risks.

Meeting of Shareholders

Fina

ncia

l Aud

itor

s

Election Election Election

Audit

Report

Internal Audit

Internal Audit

Con

sult

ant

Law

yers

LegalAdvice

Audit

Oversight

Board of Corporate AuditorsCorporate AuditorsOutside Auditors

Internal Audit Department

Board of DirectorsDirectors

Outside Directors

Compliance CommitteeConsultant Lawyers

Representative Directors

Management Meeting

Operating Officers

Branches, Business Groups

Internal Control Systems

Divisions

corporate governance


Financial Section

Consolidated FinanCial statementsConsolidated Balance sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Consolidated statements of operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Consolidated statements of Changes in net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Consolidated statements of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

notes to Consolidated Financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Report of independent auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

non-Consolidated FinanCial statementsnon-Consolidated Balance sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

non-Consolidated statements of operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

non-Consolidated statements of Changes in net assets . . . . . . . . . . . . . . . . . . . . . . . 39

notes to non-Consolidated Financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

Report of independent auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50

ANNUAL REPORT 2009 FUJita coRPoRation FUJita coRPoRation ANNUAL REPORT 2009 13

ANNUAL REPORT 2009 FUJita coRPoRation FUJita coRPoRation ANNUAL REPORT 200914 ANNUAL REPORT 2009 FUJita coRPoRation FUJita coRPoRation ANNUAL REPORT 2009

ANNUAL REPORT 2009 FUJita coRPoRation FUJita coRPoRation ANNUAL REPORT 2009 ANNUAL REPORT 2009 FUJita coRPoRation FUJita coRPoRation ANNUAL REPORT 2009 15




































Meeting of Shareholders

Board of Corporate Auditors

Corporate Auditors

Board of Directors

Directors

Corporate Planning Division

Civil Engineering Technology Department

Tokyo Branch

Business Development Division

Construction Division

Urban Redevelopment Division

Safety, Quality & Environment Management Division

Procurement Division

Internal Audit Department

Affiliated Companies Department

Auditors’ Office

Technology Development Division

Architectural Design & Engineering Department

Kanto Branch

Yokohama Branch

Nagoya Branch

Sapporo Branch

Chiba Branch

Osaka Branch

Hiroshima Branch

Shikoku Branch

Kyushu Branch

Tohoku Branch

International Business Division

Urban Development Division

Hokuriku Branch

Company oRganizationas of July 31, 2009


oveRseas opeRations

pRinCipal suBsidiaRies and aFFiliates

as of July 31, 2009

as of march 31, 2009

Shanghai office1608, 1809 Charity Plaza No. 88 Cao Xi Road (N.), Shanghai, People’s Republic of China 200030

Hong Kong officeUnit 3706, 37/F., 9 Wing Hong Street, Cheung Sha Wan, Kowloon, Hong Kong

Seoul office8th Floor, Sinnammoon BLDG #21-1, 5-ka, Namdaemun-ro, Chung-ku, Seoul 100-800, Republic of Korea

Hanoi officeRM. 205-206, Building 2G, Van Phuc Diplomatic Compound, Ba Dinh Dist., Hanoi, Socialist Republic of Vietnam

Ho chi Minh officeHan Nam Officetel, 8th Floor, 65 Nguyen Du Street. Ho Chi Minh City, Socialist Republic of Vietnam

Malaysia officeLot. 14.05, 14th Floor, Wisma Cosway Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia

Singapore office47 Hill Street #03-02A, Republic of Singapore, 179365

Manila officeChatham House 14-A, Valarero corner, Rufino Streets, Salsedo Village, Makati City, Republic of the Philippines

taipei office7F-4, No. 52, Sec. 2, Chang-an East Road, Jhongshan District, Taipei 104, Taiwan

Dubai officeRoom No. 1901, Al Attar Tower, Plot No. 336-212, Shk. Zayed Road, Dubai, U.A.E.

Mexico officeGuanajuato 224 #305, Colonia Roma, C.P. 06700, Mexico, DF

name location Main business

consolidated subsidiaries:Fujita Road Construction Co., Ltd. Tokyo, Japan Road construction

Fujita (China) Construction Co., Ltd. Shanghai, China Construction

Fujita Philippines Inc. Manila, Philippines Construction

F.T.C. Oita Co., Ltd. Oita, Japan Building ownership and management

Fujita Shoji Co., Ltd. Tokyo, Japan Export and import trading

Technomaterial Corporation Tokyo, Japan Precast concrete manufacturing and engineering and leasing

FBS Co., Ltd. Tokyo, Japan Information technology services

KOKANKYO Engineering Corporation Tokyo, Japan Environment-related engineering services

Fujita BLDG. Maintenance Co., Ltd. Tokyo, Japan Building management

Fujita Research Nevada, U.S.A. Research and consulting

equity-method affiliates:Toyukogyo Corporation Tokyo, Japan Construction

F.T.C. Hotel Kaihatsu Co., Ltd. Oita, Japan Hotel management

Chugoku Nama Concrete Co., Ltd. Hiroshima, Japan Ready-mixed concrete production


As of March 31, 2009

As of july 15, 2009

cORPORATE dATA

diREcTORs, cORPORATE AUdiTORs ANd OPERATiNg OFFicERs

Name: FuJiTa CorPoraTion

Head Office: 4-25-2 Sendagaya, Shibuya-ku, Tokyo 151-8570, Japan

established: December 1910

Paid-in Capital: ¥14,002 million

Number of employees: 2,238

Major Activities: Construction and real Estate

President

Takuji ueda

Director, Senior Operating Officer

Tatsuro Tsuchiya

DIReCTORS

Masaharu Hino (1)

Tomohiro Takanashi (1)

Sennosuke Yoshida (1)

Taneki ono (1)

ankur Sahu (1)

Kota igarashi (1)

Eiji Shibata (1)

(1) outside directors as defined under the Company Law.

CORPORATe AUDITORS

Yoshikazu KakigawaKunihisa Hama (2)

Seiji Fuse (2)

Toshio Matsumura (2)

(2) outside corporate auditors as defined under the Company Law.

OPeRATINg OFFICeRS

executive Operating Officer

nobuhiko Seki

Senior Operating Officer

Hiromasa nakai

Operating Officers

akiyoshi onishiKazuo HayashiYoji okumuraJyunji HoshinoHideki ToriiYasunori YoshiiKazumi MukaiTatsuya iwasaMasatoshi YamaneEiichi ChikuKatsumi KobayashiMasahiro FujiiKoichi ShinoharaMasahiro niwa

Director, Senior executive Operating Officer

Ko nakahigashi


Motoyuki Shirai


Koichi iida


Tatsuo asano

annuaL rEPorT 2009 FUJITA CORPORATION 53

FUJITA CORPORATIONhttp://www.fujita.co.jp/

4-25-2 Sendagaya, Shibuya-ku, Tokyo 151-8570, Japan

Tel: +81-3-3402-1911

Printed in Japan

Date post:	02-Jan-2021
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