Global Network / Corporate Information
Subsidiaries and Representative Ofﬁces

Afﬁliated Companies

National Distributors

AmericasAsia

2 companies

and Oceania

12 companies（ 2 consolidated ）102（ 11 consolidated ）employees

619

Japan

employees

Corporate Proﬁle & CSR Report

FURUNO ELECTRIC CO., LTD.
and5 companies（ 4 consolidated ）Europe2,132

17 companies

employees（ 16 consolidated ）457

employees

EuropeJapan

Asia / Oceania

FURUNO (UK) LTD.
FURUNO NORGE A/SFURUNO DANMARK A/SFURUNO SVERIGE AB
FURUNO FINLAND OYFURUNO POLSKA Sp. z o.o.
FURUNO DEUTSCHLAND GmbHFURUNO EUROPE B.V.
FURUNO FRANCE S.A.S.
FURUNO ESPAÑA S.A.
FURUNO ITALIA S.R.L.
FURUNO HELLAS S.A.
FURUNO (CYPRUS) LTD
EMRI A/S

MARISAT COMMUNICATION SERVICE INC.
FURUNO SYSTEMS CO., LTD.
FURUNO LIFEBEST CO., LTD.
FURUNO SOFTECH CO., LTD.
LABOTECH INTERNATIONAL CO., LTD.

FURUNO SHANGHAI CO., LTD.
FURUNO (DALIAN) TECHNOLOGY CO., LTD.
FUNOTEC (DALIAN) CO., LTD.
FURUNO CHINA CO., LIMITEDFURUNO DONGGUAN CO., LTD
FURUNO HONG KONG CO., LTD.
PT FURUNO ELECTRIC INDONESIAFURUNO KOREA CO., LTD.
FURUNO SINGAPORE PTE LTD
FURUNO ELECTRIC (MALAYSIA) SDN. BHD.
ELECTRONIC NAVIGATION LIMITED

Americas
FURUNO U.S.A., INC.
FURUNO PANAMA, S.A.

Financial Highlights（Consolidated）
Years ended the last day of February▶ Operating income /Operating income ratio（ Billions
of Yen ）6

Operating income▶ Net income attributable toowners of the parent / ROE

Operating income ratio （％）
6

5.8

4

（

2.5

2.4

2019

2020

（％）

12

4.0

2021

1.7 2
1.5

2

0

0

2022 （FY）

0.4
3
12

0.4
4
12

60

67

67

0.3
8
11
63

0.3
4
10
71

2.8

4.9
2.0

2018

2019

2.7
1.3
2020

2021

0.3
4
11
76

Overseas64.3%¥59 billion

402022 （FY）▶ Net sales by region

）

80

8

4.0
6.0

▶ Net sales by businesssegment
100

4

3.0

2.9

Billionsof Yen

ROE

9.0

3.7

2018

6

4.5

4

0

Net income

10.1

4.8

2

（ Billions
of Yen ）OthersCompany Outline（as of February 28, 2022）
Company NameFURUNO ELECTRIC CO., LTD.

Incorporated

May 23, 1951

Headquarters

9-52 Ashihara-cho, Nishinomiya City,
Hyogo 662-8580, Japan

Capital¥7,534 million

Number of Employees

3,310 (consolidated)

Consolidated Sales¥91,325 million ($706.2 million)*

President

Yukio Furuno

Websitehttps://www.furuno.com* US dollar amounts are converted at 1 USD ‒ 129.32 JPY, the averageexchange rate for 2022. These conversions do not mean the Japanese yen is
subject to the above rate or any other rate when converted to US dollars.

5.8%¥5 billion

Asia

21.0%

¥19 billion

Ja p a n
35.7%￥33 billion

40
Europe26.6%¥24 billion

20
0

2018

2019

2020

Marine BusinessWireless LAN Systems

2021

2022 （FY）

Industrial Business
Others2023 2024

Americas10.9%¥10 billion

・The information in this pamphlet is current as of October 1, 2023.
・All brand and product names are registered trademarks, trademarks or service marks of
their respective holders.
Catalog No.CA000002237

Since our inception, FURUNO has been continually helping
people see things that are beyond the realm of visibility.
Through exhaustive research and development,
we create and implement our innovative technologies to solve
any problem, seen or unseen.
This mentality resulted in our invention of theworld’ s ﬁrst ﬁsh ﬁnder.

P R E S I D E N T ’S M E S S A G E

However, the products FURUNO manufactures go far beyond making things visible.
By making the invisible visible, we encounter new possibilities that we weren’ t aware of before.
This not only beneﬁts those who directly use our instruments, but it also affects the lifestyles
of many people beyond them.
By looking at things from a customer’ s point of view, we can see the problems at hand and ﬁnd
new possibilities that were previously beyond the realm of visibility.
And by analyzing the way we live,
FURUNO continues to create new values that are not yet visible to the human eye.

Contributing to Sustainable Development of Local
Communities and Society through Increased Value toCustomers and Enhanced Corporate Values
In 2018, the FURUNO Group formulated the “NAVI NEXT 2030” global vision consistingof a “Business Vision” and a “Human Resources and Corporate Culture Vision” to beachieved by 2030.
Our business vision is to achieve better safety, security, and comfort to bring about asociety and sea navigation that considers the needs of people and the environment. Thisvision prioritizes not only safety and security in addition to the environment but also creates
an inspiring, comfortable society for all. Meanwhile, our human resources and corporate
culture vision, “Value through globalization and speed,” is an extolment of the virtue ofworking together to create value through globalization and speed.
Through the development of various activities aimed at realizing this management vision,
we will continuously and progressively enhance both the value we provide to customers andour corporate value.

FURUNO Group’ s Vision and our SDGs
“A company exists to serve society” as a management principle, FURUNO has beendeveloping its business to build a sustainable society. We will continue to create new value
by recognizing the idea of SDGs and utilizing our core technologies to solve social issues.

CONTENTS
02

Pr e s id e n t ' s M e s s a g e
F U R U N O G r o u p' s V i s i o n a n d o u r S D Gs
Cor p or a t e V i s i o n / M i d -Te r m M a n a g e m ent Plan

05

F U R U N O' s H i s to r y■ Period Covered

07

F U R U N O' s B u s i n e s s Fi e l ds (1 ) M a r i n e B usiness13

F U R U N O' s B u s i n e s s Fi e l ds (2 ) I n d u s trial B usiness

March 1, 2022 - February 28, 2023
(some content from March 2023 onward also included)17

CSR A c t iv i ti e s（ Q u a l i ty a n d S a fe ty I n i t iat ives）（ Ri s k M a n a g e me n t）

19

01

G lob a l N e two r k / C o r po r a te I n fo r m a tion

Social Value

This report was edited to combine the FURUNO
Group Corporate Proﬁle and CSR Report to makethe group’ s business activities easy to understand.

03（ E n vi r o n m e n ta l C o n s ci ousness）

Creating■ Editorial Policy

Solving
SocialIssues■ ScopeThis report covers the activities of FURUNO Group
companies, primarily those of FURUNO ELECTRIC
CO., LTD.

ImprovingSocialSustainability

Recognizing
Social Issues

Realizing our SDGs

President

02

Corporate Vision

FURUNO GLOBAL VISION “NAVI NEXT 2030”
O n D e c e m b e r 3, 2 018 , to m a r k t h e 70 t h a n n i ve r s a r y of i t s fo u n dat i o n , F U RU N O G ro u p h a s
fo r m u l a te d a n ew m a n a ge m e n t v i si o n , F U RU N O G LO BA L V ISI O N “ N AV I N E X T 2 0 3 0,”
to c a r r y t h e c o m p a ny t h ro u g h to 2 0 3 0.
Customers
Local
Community

We w ill p ro g re s si ve l y a n d p ro m pt l y wo r k tow a rd re a li zi n g t h e
F U R U N O G LO B A L V ISI O N “ N AV I N E X T 2 0 3 0 ” t h ro u g h t h e fo ll ow i n g
t h re e p h a s e s . O u r g row t h t a r ge t s fo r F Y 2 0 3 0, t h e c o m p l e t i o n ye a r oft h e t h re e p h a s e s , a re c o n s o li da te d n e t s a l e s of 12 0 b illi o n ye n ,o p e r a t in g m a r g in of 10 % , a n d n ew b u sin e s s c o m p o si t i o n r a t i o of 3 0 % .

Suppliers
Shareholders

Management Principles

FY 2020-2022●A company exists to serve society●Its management must be creative●The happiness of its employees comeswith the growth of a company

Environment

Employees

Business Theme

Action Guidelines●Challenge the invisible●Face the future●Strive to be the best
●Be persistently original●Be sincere

Mid-Term
Management
Plan

Phase

Advance1

Procure resources andstrengthen our capabilities
by improving the structureof our businesses

FY 2023-2025

FY 2026-2030

Phase

Connect

2

Take action toward building
a proﬁtable structure andthe pillars of our technologies
and businesses

Phase

Transform

3

Realize an appropriate
corporate scale,
proﬁtability andbusiness structure

Overview of the Mid-Term Management Plan of Phase 2
Human Resources and Corporate Culture Vision

Business Vision
Achieve better safety,
security and comfort to bring about a society
and sea navigation that considers
the needs of people and the environment

VALUE through GLOBALIZATION and SPEED

This is our key proposal for the focused strengthening andassessment of human resources, a valuable resource incorporate management, and corporate culture to achieve ourbusiness vision. It comprises the following three points.

This business vision expresses the priority all businesses in the
FURUNO Group place on working to bring about safety, security andcomfort on the sea and land, as the basis for achieving a society andsea navigation that considers the needs of people and theenvironment. We have expanded the focus of the FURUNO Group'sbusiness activities from offering the values of safety, security andenvironmental consciousness to also include comfort and humanity.
This is a new marker for us as we move forward in providing
customers with greater value in our existing businesses and cultivate
new businesses in associated ﬁelds.
Since the time of our inception in 1948, when we commercialized theworld's ﬁrst practical ﬁsh ﬁnder, the FURUNO Group has been
fulﬁlling its mission of solving social issues through our businesses.
Meanwhile, the United Nation's Sustainable Development Goals (SDGs)
are becoming a shared awareness in the international society, andcompanies are now being called on to contribute to realizing the SDGs
through their business activities. The FURUNO Group will also actively
incorporate SDGs into our corporate management and basic policy forbusiness activities, while carefully preserving the values we havecultivated since our foundation.

Value ― Creating greater value together

We will cultivate a deep understanding of our vision and adopt
a highly autonomous approach to achieving it. We will work
together with every FURUNO Group stakeholder to create evengreater value in society.

In “Phase 2” of the mid-term management plan, covering the three-year period for ﬁscal years 2023 through2025, FURUNO will strive to implement sustainable management by working to improve proﬁtability andsteadily expand sales.

Key Performance Indicators (KPI)In FY 2025, FURUNO will build a management foundation that will enable it to sustain the following.

ROE (based on ordinary income)Targets for
FY 2025

Globalization ― Comprehensive globalization

We will foster a global mindset in our organization, and ensure
the optimal and maximum use of our internal and external
resources to achieve our vision, irrespective of their afﬁliateddivision, region, country, etc.

Speed ― Quick and agile decisions and action

10%

ReﬂectMid-Term Management Plan30%

or higher*Average ROE (based on ordinary income) for FY 2009 - 2017 of 6%

Main Measures
Improvement in
Proﬁtability

Complete the measures of Phase 1, focusing on improving proﬁtability
by increasing the quality level, optimizing inventories, and optimizing
the product development function and the comprehensive
manufacturing function.

Expansion of Sales

Provide high-quality services through remote management, promote DX
for the marine ﬁeld focusing on digitalization, and invest resources inbusinesses with growth potential to further generate resources forinvestment in growth.

Implementation of
Sustainable Management

Aim to realize sustainable management by expressing a long-term
policy that will guide our future business, strengthening businesscreation through strategic investments, promptly commercializing new
and expanding businesses, investing in human resources, andpromoting diversity.

We will not falter in the face of change, as we strive to continue
creating a new era.

Executeor higher*

Payout Ratio

Realize
03

04

S

FURUNO's History

Sensing

FURUNO will contribute to the development of society and industry
previously invisible, using our SPC core competencies and our
1950

1960

1970
1967
▶ Searchlight Sonar

1948▶Fish Finder

1980

Technology

1990

2000

P

I

Integration

Processing

2010

C

Communication

2020

1983
▶ Multi Beam Sonar*

1974
1972 ▶ Full-Circle Scanning Sonar▶ 90 Degree-Circle Scanning Sonar

Ultrasoundby giving visual form to that
accumulated know-how.

2019▶ 3D Sonar
Visualizer™

2004▶Full-Circle Color Scanning Sonar
1990▶Automated
Bonito Pole
-and-Line
Fishing
System1980▶Current Indicator

2006▶Fish Finder with ACCU-FISH™

2020▶ Half-Circle Color 3D
Scanning Sonar

2018▶ Fish Size Indicator
2020▶ Stabilized Fish Size
Indicator

2012▶ VHF Radiotelephone

Radio

Technology

1952▶ Fishing Radiotelephone

2000▶ Inmarsat-B Mobile Earth Station2009▶ Inmarsat FleetBroadband
▶VSAT

2020
▶ Class B AIS Transponder

2002
▶ VDR

1985
▶ ARPA Radar

MarineRadar

2006▶ ARPA / ATA Radar

1987▶ Fishery
Monitoring
Radar

Technology

2019▶Simpliﬁed Voyage
Data Recorder

2004▶ FURUNO Bridge
System1995▶ Bridge System

1959▶Radar for Vessels

2019▶Solid State Radar

2003▶ Autopilot

1998▶ ECDISGPS2014▶ GPS Marker forSporting Dog*2009
▶ DSRC System*

1999▶ WirelessHandheld
Terminal*

2019▶ Makasete KashiCAR*
2020▶FLOWVIS*

2006▶Wireless LAN Access Point*

1956
1938
Major
Milestones ▶FURUNO ELECTRIC SHOKAI LTD. founded ▶Began export of products

Development of Major
International Sales Bases

1979▶ Opened Miki Factory
1974▶ Norway

1978
1979▶U.S.A. ▶ U.K.

1989
▶ Opened FURUNOINT Center
1987
1990
▶ Denmark ▶ France

2004
2005
▶FURUNO European ▶ Established FURUNO INS Training Center
Distribution Center
1992▶ Spain2002▶FinlandGPS (GNSS) Disciplined Oscillators

GPS (GNSS) Receiver Chips& Modules

GPS (GNSS)
Products

Automotive ETC2.0 / ETC System

Vehicle Management Solution
Wireless Handheld Terminal

Clinical Chemistry Analyzer

2000▶Ultrasound Bone Densitometer

1964▶Relocated headquarters

GNSS Automatic Displacement
Measurement System

DisasterPrevention &Security Monitoring
Solutions

ITS Products /Wireless LAN

Wireless LAN Access Point

2002▶Clinical Chemistry Analyzer
1960▶ Established Ultrasonic Laboratory

Navigation
Equipment

GPS Tracking Device

2016▶ Automotive
ETC2.0 System*
2014▶ETC, Vehicle
Management
Solution*

2000▶Automated EIA Analyzer

Marine Radar

Industria l B usines s

2015
2020
▶Multi-GNSS▶ Field Time Sync Generator
Disciplined Oscillator
2013
2013
▶ Multi-GNSS▶ Smart GPS
Receiver Chip

2000
▶ Automotive
ETC System*

1984▶ Handheld Terminal

Bridge System

Weather Radar2013▶ Weather Radar

1967▶ Aircraft LORAN Receiver

1966▶Established Special
Products Division

VDR

Compass

1998▶ GPS Disciplined Oscillator

1971▶ Tape Reader / Tape Punch

Satellite Communication
Terminal

Radio
Communication
Equipment

GPS, Chart Plotter

2000▶ Satellite Compass™

1996
1999
▶GPS Landslide▶ GNSS Displacement
Monitoring System Monitoring System

1992
▶ GPS
ReceiverAIS

Network-Capable andMulti-Function Navigation Systems

Technology
1997▶Color LCD GPS
Plotter& Fish Finder

Fishing
Equipment

Current Indicator

ECDIS

2012
▶NavNet TZtouch
2007▶ NavNet３D

1986▶ GPS Navigation
SystemFish Finder

Autopilot

2001▶ NavNet1980▶ Video Plotter

Sonar

Radiotelephone

2002
▶AIS

1991
▶ GMDSS
Radio
StationMulti Beam Echo Sounder

M ar ine Business

1983▶Satellite
Communication
Terminal

Through “Integration” of theknowledge, experience, skills,
and know-how accumulated
through our business activities
with our three core areas oftechnological expertise̶“Sensing,” “Processing” and“Communication”̶we create
solutions that are of great value
to our customers.

Ultrasound Bone Densitometer

MedicalEquipment

2021▶ Opened SOUTH WING

2005
2007
2009
2010
2012
2013
2014
▶ Germany ▶China ▶Greece ▶Singapore ▶Cyprus ▶ Korea ▶Italy* Japanese market only

05

06

Merchant

Business Fields Ⅰ

MarineBusiness

FURUNO equipment supports safe,
secure navigation.
Since 1948, when we became the ﬁrst company in the world to successfullycommercialize a ﬁsh ﬁnder, we have offered a wide range of marine
electronic equipment that serves the needs of our customers, includingﬁshing boats, large merchant vessels, government vessels, and recreationalboats. Today, our goal is to ensure a safe, secure, and comfortable life atsea, and to support further development of maritime culture.

For Merchant Vessels

Fishing

Merchant

For Fishing Vessels

Merchant

VDR (Voyage Data Recorder)

Fishing

Recreational

For Recreational Boats

Recreational

Fishing

Recreational

Satellite Communications Equipment / Service

VDR records and stores navigation data andinformation. This data is obtained fromonboard sensors, and can be analyzed in
the event of a marine accident to pinpoint
the cause and prevent further recurrence.

In addition to telephone and Internet use with land, thisallows for monitoring operation of the ship's engines andelectronic equipment. The Satellite Communication system isalso used for safety and security support from land.

Government

AIS allows for ship information (e.g., ID, position,
heading direction) to be exchanged among
ocean-going ships and vessels. These systems
help prevent collisions and ensure safe
navigation. They also make it possible to detect
ships, which do not appear on radar because
they are hidden in the shadow of islands.

Merchant

Radar

Fishing

Recreational

Government

Radar acts as the eyes of a ship, sending out
radio waves as a means of detecting othervessels and obstructions in the surroundingarea. Radar allows ships to navigate safely,
even when dense fog reduces visibility.

Merchant

Fishing

Recreational

These systems monitor the sea and harbor by
combining surveillance radar, surveillancecameras and other equipment. They support a
broad array of applications, from wide-range
surveillance for marine trafﬁc control, tosurveillance over a limited range such as
ﬁshing grounds and aquaculture areas.

Government

GNSS Chart Plotter

Recreational

Autopilot

Linked to the steering system andheading sensors, the autopilot
automatically controls the ship tomaintain the course, making steeringmuch easier for the captain.

Fishing

Government

Coastal Monitoring System

AIS (Automatic Identiﬁcation System)

Merchant

For Government

Government

Fishing
Merchant

Government

Navigating in the open seas requires accurate
assessment of one's current position.
GPS chart plotters pinpoint a vessel's position
based on radio waves sent from GPS
satellites. The position is displayed on asimpliﬁed navigational chart.

Recreational

Fish Finder / Scanning Sonar

These systems detect ﬁsh schools using ultrasoundwaves, which travel in straight lines as they
penetrate the water and bounce back to theoriginal source after hitting ﬁsh, the seabed orother objects. The depth and distance to schools ofﬁsh can be calculated based on the time it takes forthe ultrasound waves to return.
Merchant

Fishing

Recreational

Government

Radiotelephone

A means of communication while at sea,used in times of distress or emergency
and to receive maritime safety
information (navigation warnings, weather
information, etc.)

07

08

Business Fields

Ⅰ Marine Business

FURUNO's products support safe,
secure and comfortable navigation.
As a comprehensive marine company with marine electronics
equipment at its core, we will contribute to safe and securenavigation for our marine customers andthe development of marine culture.

TOPIC

Ⅰ

Selected in the Global Niche Top Companies Selection 100
with our radar for Merchant Vessels

FURUNO was recognized for its “41%* global market share with its Radar for Merchant Vessels,” “products capabilities thatenable FURUNO to offer a comprehensive range of electronic equipment necessary for ship navigation,” “service capabilities thatenable FURUNO to respond to requests from customers at any port without stopping their ships as they sail around the world,”and “a global sales network enabling customers to use its FURUNO with peace of mind.”* based on the number of radars installed on vessels built at Japanese, Chinese and Korean shipyards, from January to December 2019.

For Merchant Vessels

TOPIC
Marine RadarⅡFor the safety of the largest high-speed
ferry in the United States（Model FAR-23x8 series）

Detects nearby vessels or obstructions using radio waves. Among many featuresthat support safe navigation, our latest marine radar products automaticallyeliminate unwanted echoes and adjust the radar images according to sea conditions.

Seastreak's Courageous, the largest capacity
high-speed ferry in the United States, canaccommodate as many as 720 passengers. Twolarge, award-winning FURUNO radars are
installed on board, and an intuitive and powerful
new interface also simpliﬁes operation. The
vessel is also equipped with three MU-190
monitors, which can display a variety ofnavigation data. Other features include a reliable
GPS navigator and the highly accurate SC-70

For safe and efﬁcient navigation

As part of our mission to contribute to safe and efﬁcient navigation,
FURUNO offers a variety of navigation and communications equipment.
These products are designed for all types and sizes of merchant vessels,
carrying both people and goods. With regards to newly-built vessels, wehave built up a track record and global network commensurate with our
top market share. Leveraging these assets, our business spans from newvessel construction to upkeep and lifecycle maintenance and retroﬁtting.

09

satellite compass, which allows the ship's
position and heading to be determined

FURUNO Open Platform（FOP）
The FOP is an onboard data collection platform that supports integrated
ship-to-shore operations. The FOP unit collects engine data, engine operating
status, and cargo loading / unloading status, and shares this information withofﬁces on shore.

accurately. FURUNO contributes to the safety ofcrew and passengers by providing high-quality
marine electronic equipment.
FURUNO radars installed on Seastreak’ s Courageous ferry

10Business Fields

Ⅰ Marine Business

For Fishing Vessels

For Recreational Boats（Model FSV-75-3D）For safe ﬁshing and sustainable
use of ﬁshery resources

Since our founding, FURUNO has offered electronic ﬁshing equipment
to modernize and improve the efﬁciency of commercial ﬁshing.
FURUNO is working to develop ﬁsheries with resource management,
through the ﬁshery consulting capability that we have previously
cultivated in countries around the world, and by providing products
and services that are both innovative and optimally suited for the market.

TOPIC

Ⅲ

Multifunction Display

The 3D display function can accurately grasp the distance to the seabedand ﬁsh schools, as well as the ﬁshing ground conditions, contributing to
efﬁcient operations.

This device is equipped with a touch screen function that enables intuitive operation
with a single ﬁngertip so that anyone can easily operate the plotter and radar screen
as they wish.

（Model F3D-S）

3D Sonar Visualizer™
Gather information at a distance and ina full 360° circle around the ship,
converted into three-dimensional
information in real-time. Enjoy acomplete picture of schools of ﬁsh
at-a-glance and determine the
distribution of the school for greater
operating efﬁciency.

（Model FCV-38）

Stabilized Fish Size
Indicator
A ﬁsh ﬁnder capable of measuring
ﬁsh length and ﬁsh volume,
contributing to information collection
for ﬁshery management and marine
resource exploration.

‘Smart Bridge’ will change the future of the ﬁshing industry!

The environment for IT on large ﬁshing vessels is beginning to improve at a rapid pace. The next-generation IFS* is easy to readand easy to operate and can be customized to suit a variety of situations. This system is expected to be the "smart bridge" for the
future of the ﬁshing industry.
Its primary objective was to create an environment that allows immediate access to necessary information for a variety of situations
in ﬁshing vessel operations. The number of monitors has been reduced to a large screen, and the number of monitors can be freely
customized to meet the needs of each customer.

For safe and comfortable life at sea

FURUNO offers high-quality products for users of all types ofrecreational boats, including sport ﬁshing boats, sailboats and yachts.
While continuing to supply innovative and highly reliable products tothe users of small workboats, such as coastal security vessels and tug
boats, we are expanding our efforts to enhance customer value.

TOPIC

Ⅳ

（Model DRS12A-NXT ／ DRS25A-NXT）（Model DFF-3D）

Radar Sensor

Network Multi Beam Sonar

This radar can detect ships in thevicinity, seabirds, and rain clouds. It
supports safe navigation by displaying
only obstacles approaching the ship in
different colors.

When connected to the NavNet TZtouch3,
this device has a seaﬂoor mapping
function that displays the location of ﬁshschools and the detailed topographicalstructure of the seaﬂoor in 3D.

FURUNO brand alongside the largest
North American pleasure boat market

Marine equipment sales for the pleasureboat market are approximately ¥170
billion, with half of these sales being in
the United States. Many owners of
mainstream sport ﬁshing boats invest
not only in navigational equipment, but*IFS: Integrated Fishing System

However, the initial reaction of customers
was cold and there was no movement tochange the traditional way of operation.
Nevertheless, in today's IT-oriented world,
ﬁshing vessels are no exception.
Therefore, we took the time to interview
customers, conduct tests and evaluations,and gain their understanding. FURUNO
Norway, the ﬁrst company to work on thissystem, took about 12 years from proposal
to market launch.
FURUNO UK and FURUNO Sweden are
currently developing their own systems tomeet the needs of their customers.

11（Model TZT12F ／ TZT16F ／ TZT19F）

Half-Circle Color 3D Scanning Sonaralso in professional scanning sonar andﬁsh ﬁnders for targeting ﬁsh andmultibeam sonar for identifying habitat
areas, which are beyond the scope of ahobby. This is where the NavNet
TZtouch series, a high-end model forpleasure boats, comes in. Thesemachines, which comprehensively
display a variety of information including
chart plotters, ﬁsh ﬁnders, radar,weather, and engines, are indispensable
for users who aspire to high-level sportﬁshing.
Targeting high-speed ﬁshing with multi-beam sonar

12

PNT

Business Fields Ⅱ

Industrial
Business

FURUNO products are at workin many areas of daily life.
Based on technology developed for marine electronic equipment, FURUNO
provides products and services for use in social infrastructures andautomobiles, including products and services for positioning, navigation,and timing, as well as medical equipment and wireless LAN systems. Our
goal is to achieve better safety, security, and comfort to bring about asociety that considers the needs of people and the environment.

Positioning・Navigation・Timing

Medical

Medical Equipment

Wireless LAN

Wireless LAN Systems

Infrastructure / Meteorological Monitoring Infrastructure Maintenance / Management and Meteorological Monitoring and Analysing System

Infrastructure / Meteorological Monitoring
Infrastructure / Meteorological Monitoring

Meteorological Monitoring and Analyzing System

As an application of small marine radar, we offer compact,
low-cost weather radar, which can be installed at multiple
locations. The system observes rain clouds, predicts
sudden localized heavy downpours, and helps to mitigate
damage due to regional disasters.

GNSS Automatic Displacement Measurement System
These systems determine displacement offeatures such as the earth's crust, the ground andman-made structures by using GPS (GNSS) based
precision positioning technology. They are used
for tasks such as monitoring volcanic activity andlandslides, as well as managing safety anddetermining impact on the surrounding area
during construction of high-rise buildings.

MedicalClinical Chemistry Analyzer

These analyzers automatically takeprecise measurements ofenzymes, fats, sugars, proteins andother substances in the blood.

PNT

GPS (GNSS) Disciplined Oscillator

Receiving GNSS satellite signals, thesedevices generate a high-precision reference
frequency and a 1-second pulse accurately
synchronized with UTC (Coordinated
Universal Time). They are utilized in mobile
phone base stations and broadcast relay
stations for terrestrial digital TV.

PNT

ETC, Vehicle Management Solution
Installed at a parking lot entrance,
construction site entry gate or similar
location, these systems enable exchange
of vehicle information and other data with
ETC systems. The result is smootheraccess, improved safety and enhanced
security.

MedicalUltrasound Bone Densitometer
Devices that measure bonedensity by applying ultrasound tothe heel bone, enabling quick andsafe screening.

PNT

Automotive ETC2.0 / ETC System

These terminals allow for toll payment processing on
toll roads without the need to bring the vehicle to a halt.
Recently, applications have broadened to vehicle access
control at parking lots and construction sites.

PNT

Wireless LAN

GPS (GNSS) Receiver

Wireless Handheld Terminal

These terminals are for central managementof information and work support using awireless LAN system. They make various
kinds of work quicker and more efﬁcientthrough real-time management of work
status and product data at distribution
warehouses, shopping centers, production
sites and elsewhere.

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Wireless LAN

Wireless LAN Access Point

These devices create an environment enabling
wireless use of the Internet, at locations such as
train stations, cafés and hotels. They allow
connection to the Internet regardless of mobile
carrier, resulting in growing demand at
educational facilities, such as schools and private
tutoring schools, as well as at hotels, tourist
spots and other areas that attract tourists.

These high-precision position sensors can accurately
pinpoint their current position anywhere on earth byreceiving and processing signals from GPS (GNSS) satellites.
These units are incorporated into automotive devices suchas navigation systems, operation management terminals
and car-to-car communication terminals. They are also
used in mobile devices including mobile phones.

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Business Fields

Ⅱ Industrial Business

PNT

Healthcare

Time Synchronization
In digital terrestrial broadcasting,the equipment for 5G mobile basestations, ﬁreﬁghting, police, andother commercial radio, electric
power, and stock exchanges iscontrolled and operated with time
accuracy on the order ofnanoseconds to microseconds.
FURUNO's high-precision timesynchronization technology
contributes to the operation andmaintenance of this criticalinfrastructure, which is not allowed
to be interrupted at any time.

Clinical Chemistry Analyzer & Reagent(Model CA-800)(5G Mobile Base Station)

This analyzer is combinedwith various reagents tomeasure components inspecimens such as blood andurine. Measuring items suchas blood glucose, neutral fat,and γ-GTP, which can traceelements such as tumor
markers, the analyzer
contributes to early detection
and prevention as well as
diagnosis and follow-up
treatment of diseases.

(Academic Activities in Southeast Asia)

FURUNO develops, manufactures,and sells small to medium-sized
analyzers to help medical
institutions reduce the burden of
installation and provide
high-quality medical care. In
Southeast Asia, we also contributeto improving the medical
environment by providing local
services and academic activities inequipment and reagents close to
the medical ﬁeld.

Vehicle Management
Solutions FLOWVIS*This system uses ETC onboard
equipment and vehicle number
authentication to manage vehicle entry
and exit, improving security at ofﬁces
and logistics centers and reducing laborand stafﬁng needs through automatic
reception. This approach also
contributes to the digital transformationof logistics by providing expandability,
such as linking with gates, electronicbulletin boards, and other systems.

For a safer and more convenient society
We focus on Positioning, Navigation and Time Synchronization, andprovide products and services that are essential for social
infrastructures, vehicle trafﬁc, and other areas, adding creativevalue to the location and time of people, things, and mobility.

(Vehicle Entry / Exit System)(Model CA-400)(Model CA-270)

Clinical Chemistry Analyzer Line-up

For a support of healthy life
We are expanding our business into the healthcare ﬁeld, especially
medical care, and are providing products for the early prevention of
disease and monitoring treatment, utilizing the sensing technology
which we have cultivated in the maritime ﬁeld. Our medical products
contribute to people staying healthy by minimizing healthcare costs.

(Clinical Chemistry Analyzer installed at
Chayapmuram Hospital, Thailand)*Japanese market only

Wireless LAN Systems

Wireless LAN Access Point*
The Nishinomiya City Board of
Education has established a“Simultaneous Broadcasting
System” that can broadcast
all morning assemblies,
student council activities,
graduation ceremonies, andother ceremonies.
By deploying video
transmission access points ineach classroom, staff room,and school gymnasium, we
can accomplish a wireless
LAN environment that enables
the use of one learningterminal per student.

Disaster Prevention and Surveillance
Solutions Business

Water Resources Management
To secure stable water
resources, we need to improvewater treatment technologies,
prevent water-related disasters,
and manage water resources byprotecting and restoring forests,
mountains, and rivers.
FURUNO's compact Weather
Radar contributes to efﬁcientstorage and utilization of rainfall
and mitigation of damage fromﬂooding and urban inundation
through highly accurate
precipitation forecasting.

(Compact Weather Radar installed at PUB, Singapore)(Broadcasting system of Nishinomiya City
Board of Education)

Wave Guide LAN System™*
Even on high-rise ﬂoors or underground where there is no cellular phone
connection, we can easily create a Wi-Fi environment by installing our system using
single-tube pipes. For example, it is useful when you want to hold avideoconference with an external party using a smartphone or tablet while working
on a high-rise ﬂoor or when you want to remotely monitor a cloud-based camera
installed in the basement.

11ah access point for IoT gateway support
IEEE802.11ah-compliant access points can communicate overlong distances with a radius of approximately 1km. It is
expected to play a role in supporting social infrastructure.

For greater comfort and safety in society

For a safe, worry-free society

Using wireless technology, we provide wireless LAN access points
and product management systems that enhance the convenience ofInternet access. With “Comfortable Wireless,” we aim to realize aconnected and expanding society.

We are developing businesses globally that contribute to the maintenanceof the environment in our daily lives by integrating the knowledge,
experience, skills, and know-how we have cultivated in our businessactivities with technologies that “challenge the invisible” and FURUNO's
core technologies of sensing, processing, and communication.

*Japanese market only

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*Japanese market only

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C S R A c t iv i t ies

A Global Service System for Safety and Security
The Merchant Marine Division, which has customers all over the

FURUNO Contributes to Society by Creating New Valueworld, has implemented an online system called “SMS (Service

World Wide Service Network

Management System)” in order to provide efﬁcient services.

StatusReporting

SMS is a web-based database that stocks information such as
product support history, failure prevention measures, and service
progress and result reports. Any problems or ﬁndings are fed
back to the sales, service, development, and quality departments

Service
Monitoring
Coordination

Storageto help improve quality and enhance the quality of operations.
The database is shared among all service sites worldwide, andStatus Information of
Onboard Equipment

the company has prepared a system to respond to service
demands with spare parts kits optimized for each country sothat repair work can be carried out quickly when equipment
repair is requested.

Technical Staff

Remote Center

Environmental Consciousness

Quality and Safety Initiatives

FURUNO recognizes that environmental considerations are one of the most important management issues and aims toThorough Quality Management

realize a sustainable society by reducing the environmental impact of its business activities.

Based on the principle that “the quality of our products is created by the quality of our approach to work,” we provide

Sustainable Society

products and services that satisfy our customers and continue to be a company that is trusted by society. We maintain andmanage quality at every stage of our operations, from design and development to procurement and production, based on
our quality management system (ISO 9001) and byincorporating our own “appropriate quality standards” and• Risk management ofchemical substances• Compliance with regulations• Contribution to sustainablefisheries and marine
environment conservation“reliability evaluation methods for each stage of development”
to ensure that our products are suitable even in harshenvironments.
In addition, in order to accurately evaluate the safety of our
products, we have established an environment within our

Maintenanceof Biodiversity

company where we can conduct environmental tests basedon temperature, humidity, vibration, etc., as well as tests andevaluations based on EMC* standards of various countries.
*: Testing for electromagnetic interference that can affect other equipment and the human body.

• Energy saving• Resource
conservation• Greenhouse gas
emissions reduction

Preservationof the Global
Environment

Formation of
RecyclingOriented
Society• Reduction of waste• Reuse of resources• Promotion ofrecycling

EMC testing of a radar antenna

Risk Management
To properly manage risks that could have a signiﬁcant impact on management, FURUNO has established a Risk

Maintain and Improve Manufacturing Quality
The Miki Factory (Hyogo, JAPAN) has established a traceability
system that clearly deﬁnes manufacturing methods andinspection standards for each manufacturing process, managing
production and manufacturing facility inspection histories. Quality
records such as the manufacturer's production base and timing ofparts used, as well as pass / fail decisions in the manufacturing
process, are necessary data for the operation of this system andare managed as essential items in production activities.
At the Miki Factory, where more than 80% of parts are procured
domestically, all new parts used in new products, including thosemade overseas, are subjected to inspection. Strict quality checks
are conducted in advance by examining the quality control
systems of local manufacturers and locally produced products. In
our manufacturing processes, we ensure a high level of reliability
by conducting a 100% quality inspection.

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Management Committee chaired by the president. It evaluates company-wide risks, determines the importance of eachrisk, and appoints a department and subcommittee in charge of each risk countermeasure to reduce it.

Proper trade control
To maintain proper trade, FURUNO has established an export control system with the president as chief ofﬁcer. To ensurethat its employees understand the importance of export control for security, FURUNO conducts internal notiﬁcations ande-learning training, as well as annual internal audits to verify the status of voluntary control.

Information security measures

Systematic measures(multi-level defense)

FURUNO is working on improving employee security
awareness and vigilance through e-learning
education and the publication of in-housenewsletters. The CSIRT also continuously monitors,
collects information, and responds to incidents toprevent damage from spreading and to calm thesituation as soon as possible.

CSIRT system forearly detection
and prevention

Information
Security
Measures

Increase
employee security
awareness andattention18