Tokyo, July 28, 2016 - Fuji Electric Co., Ltd. (TSE:6504) ("FE"), headquartered in Tokyo, Japan, led by President Michihiro Kitazawa, is pleased to announce its intention to strengthen the vending machine business in China by bolstering on-site production capacity and further enhancing its development as well as sales and service frameworks.
1．Background and Objectives
2．Concrete Actions (FY2016–FY2018)
1) Double Production Capacity
DFB will build a second vending machine plant and set up a system capable of producing 100,000 machines annually. Construction on the new plant will start in July 2016, with capital investment flowing in stages based on production volume, with a total investment of around JPY 5.0 billion. Fuji Electric will ensuring efficient manufacturing operations at DFB by transferring a complete line of production technologies—from sheet metal working to coating and assembly—from its domestic mother factory in Mie as well as outfitting the plant’s welding and assembly processes with the latest automated equipment.
2) Strengthen Development Frameworks
DFB will more than triple its development staff to some one hundred employees, aiming to quickly respond to local market needs by enhancing its development framework as well as setting up its machines to handle China’s growing e-money economy, incorporate digital signage, and more.
3) Enhance Sales and Service Frameworks
DFBS will triple its current number of sales and service outlets to around one hundred, not only establishing them in major cities but also rolling out a broad sales and service network extending from coastal areas to the country’s interior. The goal is to market the company’s products as well as offer extensive after-sales services to beverage manufacturers and operators scattered throughout China.
Rendering of the Dalian Fuji Bingshan Vending Machine No. 2 Plant (left)
Groundbreaking ceremony on July 6