C o r p o r a t e P r o f i l e 2013
7-7-1 Nakagaito, Daito, Osaka 574-0013, Japan
Phone +81-72-870-4303 Fax +81-72-871-1112
http://www.funaiworld.com/
A Globally Expanding Digital Consumer Electronics MarketWhere Funai Realizes its Full Potential
C o n t e n t s
ChairmanTetsuro Funai Tomonori Hayashi
President and CEO
Main Products
TOPICS 2012–2013
Design
Production
Sales & Marketing
Research & Development
Corporate Overview
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Funai Electric provides the market with reasonably
priced, high-quality digital consumer electronics
in spite of the growing demand and the intense
competition that continue to drive prices downward.
We feel, however, that intense price competition
also presents us with an opportunity to realize
our full potential.
Since our founding in 1961, we have believed
in being innovative and sticking to the basics,
and Funai will renew its focus on improving
efficiencies in all business activities. Based on
market analysis, we will promptly develop
products to meet market and customer needs.
Furthermore, we will provide products in a timely
manner that will be superior in terms of cost
efficiency using our proprietary production system,
the Funai Production System (FPS), and the
optimization of production facilities.
In the year ending March 31, 2014, we will
strive to accelerate the Group’s globalization
further acquiring new businesses, taking the next
steps toward becoming a truly “global Funai.”
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LCD TVs
Display Business
High-Quality, Reasonably Priced Products for the WorldThrough the four business segments in which we develop products—Displays, Digital Media, Office Solutions and Others —
we consistently supply products globally under diverse brands but with high levels of quality and cost efficiency.
Funai aims to continue improving its competitiveness amid an upheaval in the digital consumer electronics industry.
In addition to continually improving quality and cost efficiency
since its founding, Funai’s strength lies in its exceptional supply
capabilities which have earned us an enormous amount of trust
throughout the digital consumer electronics industry.
Currently, we conduct business in four areas: Displays, which
handles LCD TVs; Digital Media, which handles DVD and Blu-ray
Disc-related products, among others; Office Solutions, which handles
printers; and Others, which handles the PHILIPS-brand audio
accessories we are rolling out, as well as antennas and other items
via Group company DX ANTENNA CO., LTD.
In our mainstay area, the Display Business, we provide the
market with five brands of compact to large LCD TVs sold in Japan
and overseas. In the Digital Media Business, the Company is
enhancing its lineup of Blu-ray Disc-related products through such
means as reinforcing its business under OEM* agreements. The
high quality and reasonable price of these products have been
well received both domestically and overseas and we proudly
maintain a top share in the North American market for LCD TVs
and in Japan for Blu-ray Disc recorders.
In the Office Solutions Business, we are increasing sales and
profits by maintaining strong relationships with OEM partners, as well
as by expanding sales of products we have developed ourselves.
The digital consumer electronics industry is going through
a period of significant upheaval. In terms of functionality, design
and price, South Korea, China and Taiwan are rapidly becoming
increasingly competitive. This situation, however, also presents us
with an opportunity to fully realize our potential. Funai’s focus will be
to increase its brand value and share by providing the market with
competitively priced products developed and produced quickly in
response to the various needs of consumers around the world.
* The manufacture and supply of products under the customer’s brand.
49.1%Net sales
Brands developed in Europe, India and Thailand
Brands developed in Latin America
Brands developed in North America
Audiovisual equipment brands
Brands sold in Japan by subsidiaryDX ANTENNA CO., LTD.
Audio accessoriesAntennas
Others Business
Printers
Office Solutions Business
62.5%Net sales
Net sales
6.2%
Net sales
12.7%
DVD/Blu-ray Disc-related products
Digital Media BusinessNet sales
18.6%
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T O P I C S 2012-2 013
January 2013
Installed in an office
Factory installation
July 2012
Funai reached an agreement to acquire from Philips its Lifestyle
Entertainment business, which handles items such as audio video
multimedia products, home communications products and accessories
products.
In September 2008, we entered into a brand licensing agreement
to take responsibility for sourcing, distribution, marketing and sales
activities involving Philips consumer televisions in the United States
and Canada. Following this agreement, in July 2012 Funai entered into
a sales agreement involving products with Philips that Philips
designed and developed through the LE business. We commenced
sales of these products in the United States, Canada and Mexico in
September 2012.
Philips maintains global sales channels in Europe, as well as in
emerging companies including those in Asia and South America. By
combining these sales routes with Funai’s strong routes in North
America, in addition to increasing the number of products it provides,
the current acquisition allows Funai to expand its sales area.
Agreement to Acquire Philips’ Lifestyle Entertainment (LE) Business
Funai entered an agreement to acquire from Lexmark its inkjet-related
patent rights and other related technologies, as well as assets. For
approximately 16 years, since July 1997, Funai has undertaken the
commissioned production of hardware for inkjet printers from Lexmark,
collaborating from the development stage.
In addition to patent rights, product development functionality and
technologies on printer-related products including inkjet cartridges,
which Funai has worked on with Lexmark for many years, particularly
in North America, we have acquired manufacturing functions and
technology, including an ink cartridge plant in the Philippines. Whereas
in the past we developed the hardware business merely through
commissioned production, this acquisition enables us to create a
system that consolidates our resources, including in the production
and sale of highly profitable ink cartridges.
Agreement to Acquire Inkjet-Related Technologies and Assets from Lexmark
The 2013 International Consumer Electronics Show (CES)
was held in Las Vegas, Nevada, for four days from January 8
to January 11, 2013.
The Funai booth was located in a hotel near the main venue.
Our booth contained PHILIPS- and MAGNAVOX-brand
products and technologies, showcasing our extensive lineup
and technological expertise and demonstrating our overall
capabilities. In particular, the PHILIPS booth displayed our
substantially increased our offerings of headphones and
other LE business products, attracting attention at the exhibition.
Exhibiting at the 2013 International Consumer Electronics Show
Funai sales subsidiary P&F
MEXICANA, S.A. DE C.V., received the 2012 Supplier of the Year Award
from Sam’s Club of Mexico for its
superior contribution to the
company’s sales.
Fifth Year of Co-Sponsorship of the U.S.–Japan Youth Baseball Exchange Program
April 2013
January 2013
October 2012
Funai has commenced the sale in Japan of e LIMO-brand LED lighting.
In addition to LED lighting’s advantages of having a long service
life and being energy saving, we manufacture these products at an overseas
factory where we have introduced the Funai Production System (FPS),
a proprietary manufacturing system. Consequently, we are able to sell
these products at a much more reasonable price than leading domestic
manufacturers. We conduct development and design in Japan, and we
work with partner companies at the construction stage to prevent
accidents, ensuring that these products are supplied in a highly stable
manner.
Sales Launch of e LIMOLED Lighting in Japan
Funai’s sales subsidiary, FUNAI CORPORATION,
INC., received from Walmart of the United States
the 2012 Supplier of the Year Award, as well as a
newly established General Award for responsibility.
Funai was chosen to receive these awards for
contributing to growth of Walmart’s business and
customer relationships, as well as for the
manufacture of highly sustainable products.
March 2013
March 2013
Funai Subsidiary Receives Two Awards from
Walmart of the United States
Funai Subsidiary Receives Award from Sam’s Club in Mexico
The Boston Red Sox Foundation is
an official charity run by the Boston
Red Sox baseball team. This is the
fifth consecutive year that Funai Electric has co-sponsored the
U.S.–Japan Youth Baseball Exchange program, which is
sponsored by the Boston Red Sox Foundation.
In July 2012, 12 players from youth teams in Kyoto and
Chiba visited Boston, where they participated in an
international exchange and enjoyed home stays, baseball
lessons, and other various activities.
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De s i g n
We are pursuing thorough cost efficiency at the design stage by various means, including in-house
production of core items, reducing part numbers and performing design at overseas facilities.
World-Class Price Competitiveness
We are working to cut costs by promoting in-house
production of core items, reducing the number of parts and
reviewing materials used. We are also reducing the number
of production processes to achieve substantial productivity
increases, using lead-free solder and making other
environmentally conscious moves, and pursuing designs
that make production easier.
We are also globalizing development by shifting design
responsibilities from Japan to our R&D facilities in such
locations as Malaysia, China (Shenzhen) and Singapore.
This structure will help us counter intense cost competition
in order to offer the world’s most reasonable prices.
38%
Overseas Employment Ratio for Design Staff (As of April 2013)
Part Number Reduction Case Study
1st Generation 2nd Generation 3rd Generation 4th Generation
JapanChina●
●
Malaysia
Singapore
●●
2011/4 2012/4 2013/4
17%Overseas Overseas Overseas
32% 38%
Tighter multilayer board
densification
Smaller single-layer board,
parts moved
to multilayer board
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Pr o d u c t i o n
Global Production System
Poland
Mexico
China
Thailand
Japan
* Consignment production plants
(China accounts for 1 of 2 locations)
Other
LCD TVsProducts related to DVDs and Blu-ray DiscsPrinters
LCD TVs
LCD TVs LCD TVs
*
*
PhilippinesPhilippinesPhilippinesInk cartridgesInk cartridgesInk cartridges
Funai Electric concentrates its production facilities in the most
appropriate locations and enhances cost competitiveness by
purchasing parts in bulk. In particular, our production facilities
are concentrated in the Asian region, where we have the ability
to competitively procure raw materials and parts as well as
secure a low-cost, high-quality labor force. Due to the recent
labor shortages and wage increases in China, we have
augmented our Thai plant. At the same time, we have acquired
land on the island of Luzon in the Philippines for a new
production facility and we expect to become operational in 2014.
In addition, in April 2013 we acquired an ink cartridge plant on
the island of Cebu from Lexmark.
We employ the Funai Production System (FPS) at all of
our plants. This system creates stresses on the production line,
such as by reducing the number of operators or increasing
the speed of the conveyor belt, until conditions are created
resulting in the stoppage of the production line. The FPS
creates these conditions in order to analyze what causes the
line to stop, then improves on those conditions that caused
the failure. By repeating this cycle, Funai expects to recognize
continuous improvements in productivity.
The Funai Production System (FPS) — our unique system of ongoing improvement where problems are
identified through stresses applied to production line— continually pursues improved productivity.
Endless Pursuit of Production Efficiencies
Ongoing Productivity Improvements With the Funai Production System (FPS)
(Funai Production System)
Apply stresses to production line
Identifyproblem
Introduceimprovement
Resolveproblem
6Countries,7Facilities
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The key to obtaining a top share in the North American
market, the largest market in the world, is creating close
relationships with the major mass retailers.
In Europe, we established sales offices in Hamburg,
Paris and Warsaw, and are working to strengthen relationships
with the major mass retailers in each country.
In Japan, we aggressively develop sales activities
through our subsidiary, DX ANTENNA CO., LTD.
Furthermore, in 2012 we established a local subsidiary
in Mumbai, India, and initiated sales there. Going forward,
we expect to increase sales in Latin America, including
Mexico. In addition to Thailand, where we commenced
sales in 2012, we plan to enter emerging markets that are
rapidly growing, such as those in the ASEAN and Near
and Middle East regions.
In addition, we plan to further expand our sales region
going forward by acquiring the LE business of Philips and
the inkjet-related assets of Lexmark.
Secondin North America
S a l e s & M a r k e t i n g
Funai Electric endeavors to maintain strong relationships with sales channels such as mass retailers,
around the globe and is proud to claim a top share in North America, the world’s largest market.
In 2012, we established a sales company in India. Going forward, we are also planning to enter high-growth
emerging markets in ASEAN countries and in the Near and Middle East.
Understanding Market Needs All over the World
Brand and Product Development
by Region
We sell LCD TVs and DVD and Blu-ray Disc-related products under the PHILIPS brand.
The FUNAI brand sells LCD
TVs and DVD and Blu-ray
Disc-related products.We sell LCD TVs under
the FUNAI brand.
The DX BROADTEC brand sells LCD
TVs and DVD and Blu-ray Disc-related
products. The DX ANTENNA brand
sells antennas.
L a t i n A m e r i c aE u r o p e
J a p a nWe are developing the market through
sales of LCD TVs and DVD and Blu-ray
Disc-related products under four
brands: FUNAI, PHILIPS, MAGNAVOX
and Emerson. We sell our products
through major mass retailers, such as
Walmart, Target.
N o r t h A m e r i c aN o r t h A m e r i c aN o r t h A m e r i c a
I n d i a
T h a i l a n d
19.3%Company A (South Korea)
14.0%Company B (United States)
6.2%
Company D (Japan)
10.2%
Company C (South Korea)
14.7%Funai Electric (Japan)2012年
5.4%
Company E (Japan)
We sell LCD TVs under the
FUNAI brand.
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Share of LCD TV Shipments in 2012 *Source: NPD DisplaySearch
Expanding into New Growth Markets
Re s e a r c h & D e v e l o p m e n t
The Funai Group manages the FUNAI ELECTRIC ADVANCED APPLIED TECHNOLOGY
RESEARCH INSTITUTE INC., which serves as a base for conducting leading-edge research
and technological development.
As a base for leading-edge technology development and a control center for
industry–academia and industry–industry R&D collaboration, the institute conducts research
related to energy, healthcare and next-generation displays.
FUNAI ELECTRIC ADVANCED APPLIED TECHNOLOGY RESEARCH INSTITUTE INC.:
A Group Company Responsible for the Development of Advanced Technology
supporting future products.A number of new patent portfolios are being created
that employ technology to combine equipment with dispersed functionality using the Internet. We will quickly introduce an intellectual property strategy that employs an open platform basis, representing a major change from a conventional intellectual property network based on standardization.
Given the rapid changes that are taking place in mobile network environments, we have entered an era of dispersed functionality over the Internet. We are pursuing technological developments that will make it possible to provide devices and services that make new lifestyles more bountiful than ever.
The Group pursues a wide range of development activities, spanning fundamental technologies to products. We are dynamically pursuing the development of elemental technologies that are slated for use in next-generation smart televisions, including high-definition LCD panel technologies, multivision, hybrid casting and wireless transmission technologies. In 2013, we began developing and
selling to telecommunications carriers products related to stick-type smart TV devices. These products employ a number of new technologies that differentiate us from competitors, such as video transmission technology for mobile devices. Going forward, this is expected to become a major growth field, in line with changes in the broadcast transmission framework.
Current Core Businesses
In line with the graying of society, demands are mounting for solutions that support seniors’ ability to proactively participate in society, as well as preventive healthcare devices and software. We are responding to this strong market demand by developing products that apply robotics technologies. We are participating in a project sponsored by Japan’s Ministry of Economy, Trade and Industry to promote the development and introduction of robotic nursing care devices. Through this effort, we are cooperating with and pursuing the development of safety and standardized
performance evaluations on leading-edge robotic care devices.Meanwhile, in the area of security and healthcare we are
focusing on the development of technologies for smart houses, which employ a variety of highly advanced automatic systems to provide living spaces that are healthy, safe and secure. In the field of sensor network technology, we are conducting research with multiple universities on systems and devices that combine body sensors and working to quickly commercialize these products.
Looking Toward the Future
Technology Related to Next-Generation Smart TVs
The Field of Healthcare/Life Management
In the field of optical disc devices, Funai has pursued leading-edge technology development and commercialization through its long years of involvement in Blu-ray Disc related products. We are applying the technology that we have cultivated in this arena to products that provide automotive–human interfaces. As a result, we plan to develop and commercialize human interface devices in
areas for which expectations for the future are high, such as electric vehicles and healthcare.
By making devices more sophisticated and easier to understand and operate than ever before, we are concentrating on the development of human interfaces that people will find more enjoyable and intuitive.
The Field of Automotive/Human Interfaces
The R&D Division promotes technical development involving the services and software that will be required during the era of cloud services and full-fledged broadband environments. We are also working on “ultra AV home electronics,” which feature superior human interfaces. The division is concentrating on the development of devicesand software that will help realize interfaces with a human touch. These are expected to be core technologies
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C o r p o r a t e D a t a
1961 20101965 1970 1975 1980 1985 1990 1995 2000 2005
Product Development Trends
Stereo Audio Components
1977~1985
Cassette Tape Recorders
1971~1985
TV/VCRCombos
1985~2007
CRT TVs
1986~2009
Cordless Phones
1983~1995Faxes
1988~2003Inkjet Printers
1997~
DVD Players
1999~
Blu-ray Disc Recorders
2009~
Laser Beam Printers
2000~
Projectors
2002~2007
LCD TVs
2002~
Digital Still Cameras
2004~2008
Tablet PCs
2011~
Blu-ray Disc Players
2008~
DVD Recorders
2004~
Transistor Radios
1959~1970
Open Reel-to-reel Tape Recorders
1963~1966
8 Track Car Stereos
1968~1979
CVC VCRs
1980~1982VHS VCP, VCRs
1983~
Air Conditioners
1994~2002Auto Bakeries
1987~1995
Profile
Name
Established
Head office
Phone
Fax
URL
Capital
Net Sales
Employees
Category
FUNAI ELECTRIC CO., LTD.
August 1961
7-7-1 Nakagaito, Daito,
Osaka 574-0013, Japan
+81-72-870-4303
+81-72-871-1112
http://www.funaiworld.com/
¥31,307 million (March 31, 2013)
¥192,008 million (Year ended March 31, 2013)
1,032(March 31, 2013 / Non-Consolidated)
Electrical Equipment
Display Business
LCD TVs
Digital Media Business
DVD Players / Recorders
Blu-ray Disc Players / Recorders
Office Solutions Business
Printers
Others Business
Audio accessories
Antennas
Major Business Operations
Members of the Board and Corporate Auditors and Officers
Members of the Board
Tetsuro Funai
Tomonori Hayashi
Yoshikazu Uemura
Jyoji Okada
Mitsuo Yonemoto
Yoshiaki Bannai
Corporate Auditors
Hiromu Ishizaki
Shinichi Komeda
Masahide Morimoto
Chairman
President and CEO
Director andExecutive Officer
Director and Officer
Outside Director
Outside Director
Full-time Corporate Auditor
Outside Corporate Auditor
Outside Corporate Auditor
Officers
Hirofumi Nagaoka
Hideaki Funakoshi
Shigeki Saji
Susumu Nojii
Kazuo Uga
Takeshi Ito
Sei Kono
Kiyoshi Chinzei
Tetsuhiro Maeda
Executive Officer
Officer
Officer
Officer
Officer
Officer
Officer
Officer
Officer
Main Office Technology Hall
History
Aug. 1961 FUNAI ELECTRIC CO., LTD. was established in Ikuno-ku,
Osaka capitalized at ¥20 million.
Mar. 1964 CHUGOKU FUNAI ELECTRIC CO., LTD. was established
as a production subsidiary in Fukayasu-gun (now
Fukuyama), Hiroshima.
Sep. 1976 The head office was relocated to Daito, Osaka.
May 1991 FUNAI CORPORATION, INC. was established as a sales
subsidiary in New Jersey, U.S.
Mar. 1992 HIGHSONIC INDUSTRIAL LTD. (now FUNAI ELECTRIC
(H.K.), LTD.) was established in Hong Kong, China.
Jan. 1996 FUNAI SERVICE CO., LTD. was established as a service
subsidiary in Higashi-Osaka, Osaka.
May 1996 HIGHSONIC INDUSTRIAL LTD. (now FUNAI ELECTRIC
(H.K.), LTD.) established H.F.T. INDUSTRIAL LTD. by
joint investment with a Japan company.
Feb. 1999 FUNAI ELECTRIC CO., LTD. was listed on the Second
Section of Osaka Securities Exchange.
Mar. 2000 FUNAI ELECTRIC CO., LTD. was listed on the First
Section of Tokyo Stock Exchange and the First Section
of Osaka Securities Exchange.
Nov. 2001 Acquired the majority stocks of DX ANTENNA CO., LTD.
in Japan.
Ju l . 2003 FUNAI (THAILAND) CO., LTD. was established as a
production subsidiary in Nakornratchasima, Kingdom
of Thailand.
Dec. 2003 HUANG JIANG PLANT in Dongguan City, Guangdong
Province started operations as a consignment
production plant in China.
Apr. 2004 FUNAI ELECTRIC ADVANCED APPLIED TECHNOLOGY
RESEARCH INSTITUTE INC. was established.
Oct. 2006 FUNAI ELECTRIC (POLSKA) Sp. z o.o. (now FUNAI
ELECTRIC EUROPE Sp. z o.o.) was established as
a production subsidiary in the city of Nowa Sol, Poland.
Oct. 2007 FUNAI SERVICE CORPORATION was established as
a service subsidiary in Ohio, U.S.
Jun. 2008 P&F USA, Inc. was established as a sales subsidiary in
Georgia, U.S., for PHILIPS brand consumer TVs.
Tetsuro Funai, President and CEO, assumed the post
of Chairman. Tomonori Hayashi, Senior Executive
Officer, assumed the post of President and CEO.
Apr. 2009 P&F MEXICANA, S.A. DE C.V. was established as a sales
subsidiary in Mexico.
Feb. 2012 Funai India Private Limited was established as a sales
subsidiary in Mumbai, India.
Jun. 2012 Zhong Shan Funai Electron Co. was established as a
production subsidiary in Guangdong Province, China.
Apr. 2013 Acquired FUNAI ELECTRIC CEBU, INC. (the former
Lexmark International (Philippines), Inc.) from Lexmark.
Stick-type smart TV device
2013~
LED Lighting
2012~
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Offices and Subsidiaries
Places of business Production subsidiaries Development subsidiaries
Key Financial Information (Consolidated)Funai Group Code of Conduct
All members of the Funai Group (hereinafter “We”) pledge to make a sincere
effort to observe the following code of conduct. Senior management recognizes
that it is their role to embody this code of conduct, and that they must take the
initiative and set an example for others in the company to follow. In the event
their conduct is in opposition to this code, it will be their responsibility to correct
themselves publicly and ensure such conduct is never repeated.
We shall develop and provide products and services useful to society with sufficient consideration for the safety and privacy of personal and customer information, and strive to earn the trust and satisfy the needs of consumers and customers while ensuring the healthy development of society.
We shall engage in fair, transparent and free competition and transactions while maintaining a healthy and proper relationship with politicians and political administrations.
We shall ensure management transparency and health through the timely, proactive and fair disclosure of Company information aimed at widening the communication channel with shareholders and greater society.
We shall maintain a safe and comfortable work environment where employee diversity, character and individuality are respected.
We shall respect fundamental human rights and do not engage in discriminatory actions or human rights violations. We do not sanction child labor or forced labor.
We shall voluntarily engage in initiatives aimed at mitigating environmental problems, which we see as common challenge facing all humanity, and recognize as a necessary activity of all corporations.
We shall aggressively promote social contribution activities as a good corporate citizen.
We shall firmly oppose anti-social forces or groups, block all ties with them and reject their undue claims.
We shall observe international law and local ordinances in terms of our international business activities, always respecting local cultures and customs to develop business efficiently.
June 22, 2012
Tomonori Hayashi President and CEO
June 22, 2010
Tomonori Hayashi President and CEO
Environmental and Occupational Health andSafety Charter
In keeping with our corporate commitment “to adopt continual product
improvements, to continually promote ever deeper trust, and to seek
further harmony and mutual prosperity,” all employees of Funai pledge to
remain aware of the need to protect the environment and to operate our
business in an environment-friendly manner.
We shall provide our customers with simple, high-quality products and
shall make an effort to use resources effectively, minimize waste, and reduce
our environmental impacts. In short, we remain committed to contributing
to a society that remains in harmony with nature.
We shall respect employee diversity, personality and individuality, and
provide an environment that is safe and conducive to work.
We shall practice ethical management and comply with all laws and regulations with respect to occupational health and safety.
We shall look into occupational health and safety risks in the workplace to prevent injury and illness to employees and visitors.
We shall make ongoing improvements to occupational health and safety management, while making an effort to improve occupational health and safety performance.
Conformance with laws, regulations and social norms
Respect for human rights, occupational health and safety
Environmental consideration
Construction of systems to ensure excellent product quality
Provision of parts, materials and services that are priced appropriately and competitively
Construction of systems to ensure certain delivery dates and stable supply
Conformance with laws, regulations and social norms
Respect for human rights, occupational health and safety
Environmental consideration
Optimal product quality and cost assurance
Construction of systems to ensure certain delivery dates and stable supply
Technological improvement
Confidential information management
Cooperation in reporting and auditing
Response to conflict mineral issues
We shall practice ethical management and comply with all laws and regulations.
We shall take the initiative in voluntarily eliminating the use of hazardous substances and shall offer environment-friendly products.
We shall establish goals for environmentally conscious design and shall offer environment-friendly products.
We shall implement initiatives to attain zero emissions.
We shall establish environmental goals, conduct periodic reviews, and implement continual improvements.
We shall provide all employees with environmental education and shall strive to adopt environmental improvements.
Basic IdeasThe Funai Group is responding to heightened societal demand for corporate
social responsibility (CSR) by performing its daily business activities on the basis
of the Funai Group Code of Conduct. We have established the basic policies
described below with regard to our parts and materials procurement activities.
•Conform with laws, regulations and social norms, and pay attention to
environmental preservation.
•Conduct fair and equitable transactions.
•Strive for mutual cooperation with business partners and build trust-based
relationships.
Basic Policy
In accordance with the above-mentioned basic policy, when selecting
companies as procurement partners the Funai Group gives priority to those
that satisfy the following conditions when commencing transactions.
Procurement Partner Selection Standards
From a CSR perspective, we ask our business partners to perform the following.
We also ask our customers’ business partners to understand the Funai Group
Procurement Policy and to make requests that will promote these items.
CSR Procurement
Occupational Health and Safety Policies
Environmental Policies
Funai and its Group companies is proactive in acquiring third-party
certifications related to quality, occupational health and safety, the
environment and information security.
Quality & ISO
Quality Management System (ISO 9001)
Occupational Health and Safety Management SystemOHSAS18001
Information Security Management System(ISO/IEC 27001:2005 JIS Q 27001:2006)
C o r p o r a t e O v e r v i e w
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HQ / FUNAI (THAILAND) CO., LTD. / FUNAI ELECTRIC EUROPE Sp. z o.o. /
CHUGOKU FUNAI ELECTRIC CO., LTD. / Zhong Shan Funai Electron Co./
FUNAI SERVICE CO., LTD. /DX ANTENNA CO., LTD.*1 /
HUANG JIANG PLANT*2
Funai Group Procurement Policy
Environment Management System (ISO 14001)HQ / FUNAI (THAILAND) CO., LTD. / FUNAI ELECTRIC EUROPE Sp. z o.o. /
CHUGOKU FUNAI ELECTRIC CO., LTD. /Zhong Shan Funai Electron Co./
FUNAI SERVICE CO., LTD. / DX ANTENNA CO., LTD.*1 /
HUANG JIANG PLANT*2
Information System Department in HQ /
Personnel and Administration Department in HQ /
Business Administrative Department in HQ /
Investor and Public Relations Department in HQ
HQ / FUNAI ELECTRIC EUROPE Sp. z o.o. /
Zhong Shan Funai Electron Co.
(*1) DX ANTENNA CO., LTD. was certified by the JQA.
(*2) The plants that undertake processing for Funai on consignment in China are acquiring certifications.
* Consignment Production Plants
Sales Composition by ItemSales Composition by Area
Japan
18.7%
Others
6.8%
Asia
1.9%
Europe
3.2%
North America69.4%
2013/3
192,0082013/3
192,008百万円
LCD TVs (Display Business)
62.5%
Printers (Office Solutions Business)6.2%
Audio accessoriesAntennas (Other Business)12.7%
DVD and Blu-ray Disc-related products (Digital Media Business)18.6%
2013/3
192,008
TOKYO BRANCH OFFICE1
2
FUNAI ELECTRIC ADVANCED APPLIED
TECHNOLOGY RESEARCH INSTITUTE INC.
Funai Electric R&D (Shenzhen) Co., Ltd.
FUNAI MALAYSIA R&D SDN. BHD.
FUNAI SINGAPORE PTE. LTD.
Sales subsidiaries
DX ANTENNA CO., LTD.
FUNAI CORPORATION, INC.
P&F USA, Inc.
P&F MEXICANA, S.A. DE C.V.
Funai India Private Limited
FUNAI ELECTRIC EUROPE Sp. z o.o.
Affiliated subsidiaries
FUNAI SERVICE CO., LTD.
FGS Co., Ltd.
FUNAI SERVICE CORPORATION
23
4
5
7
FUNAI ELECTRIC (H.K.), LTD.H.F.T. INDUSTRIAL LTD.
HUANG JIANG PLANT *Zhong Shan Funai Electron Co.Funai Electric R&D (Shenzhen) Co., Ltd.
8
2FUNAI ELECTRIC EUROPE Sp. z o.o.66
Funai India Private Limited
FUNAI ELECTRIC CEBU, INC.
2
5
P&F MEXICANA, S.A. DE C.V.
FUNAI (THAILAND) CO., LTD.
3 FUNAI MALAYSIA R&D SDN. BHD.
4 FUNAI SINGAPORE PTE. LTD.
3 FUNAI SERVICE CORPORATION
3
FUNAI CORPORATION, INC.4
P&F USA, Inc.
CHUGOKU FUNAI ELECTRIC CO., LTD.
FUNAI ELECTRIC (H.K.), LTD.
H.F.T. INDUSTRIAL LTD.
HUANG JIANG PLANT *
Zhong Shan Funai Electron Co.
FUNAI ELECTRIC EUROPE Sp. z o.o.
FUNAI(THAILAND) CO., LTD.
FUNAI ELECTRIC CEBU, INC.
1
2
3
4
5
6
7
8
1
2
3
4
1
2
3
1
2
3
4
5
6
1
2
FUNAI SERVICE CO., LTD.
FGS Co., Ltd.
1
1
1
DX ANTENNA CO., LTD.
TOKYO BRANCH OFFICE
1 CHUGOKU FUNAI ELECTRIC CO., LTD.
FUNAI ELECTRIC ADVANCED APPLIED TECHNOLOGY RESEARCH INSTITUTE INC.
17 18