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Subaru Corporation facts for kids

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Subaru Corporation
Native name
株式会社SUBARU
Kabushiki-gaisha SUBARU
Formerly
Fuji Heavy Industries, Ltd. (1953–2017)
Public
Traded as
  • TYO: 7270
  • TOPIX Large 70 Component
Industry Automotive, transportation equipment manufacturing, defense
Predecessor Nakajima Aircraft Company
Founded July 15, 1953; 72 years ago (1953-07-15)
Headquarters
Ebisu, Shibuya, Tokyo
,
Japan
Key people
Products Automobiles, aircraft, aircraft parts, helicopters
Revenue Increase ¥3,344.11 billion (FY2020)
Operating income
Increase ¥210.32 billion
Increase ¥152.59 billion (FY2020)
Total assets Increase ¥3,293.91 billion (FY2020)
Total equity Increase ¥1,720.12 billion (FY2020)
Owners
  • Toyota (20.42%)
  • The Master Trust Bank of Japan investment trusts (14.15%)
  • Custody Bank of Japan investment trusts (5.28%)
  • State Street Bank West Client - Treaty 505234 (1.56%)
(as of September 30,  2024 (2024 -09-30))
Divisions
  • Automobile (Subaru)
  • Aerospace

Subaru Corporation (株式会社SUBARU (スバル), Kabushiki-gaisha Subaru), once known as Fuji Heavy Industries, Ltd. (富士重工業株式会社, Fuji Jūkōgyō Kabushiki gaisha), is a large Japanese company. It makes many things for transportation. The company is most famous for its Subaru cars. It also builds airplanes and helicopters.

Subaru Corporation started in 1953. It was called Fuji Heavy Industries until 2017. Its aerospace part works with the Japanese government. They build Boeing and Lockheed Martin helicopters and airplanes. They also help design and make parts for these companies worldwide.

History of Subaru Corporation

Early Beginnings: Nakajima Aircraft

Subaru Corporation's story starts with the Nakajima Aircraft Company. This company was a big supplier of airplanes to the Japanese government. This was during World War II. After the war, the company was split up. By 1950, part of it became Fuji Heavy Industries.

Forming Fuji Heavy Industries

Fuji Heavy Industries (FHI) officially started on July 15, 1953. Five Japanese companies joined together to form it. These companies were Fuji Kogyo, Fuji Jidosha Kogyo, Omiya Fuji Kogyo, Utsunomiya Sharyo, and Tokyo Fuji Sangyo. They became one of Japan's biggest makers of transportation equipment.

Growth and Changes in the 1980s and 1990s

By the late 1980s, FHI was a major supplier of military, aerospace, and railroad equipment in Japan. However, most of its sales, about 80%, came from cars. In 1990, the company faced some financial challenges. Nissan, which owned a small part of FHI, helped out. Nissan sent a new president, Isamu Kawai, to lead FHI. In 1991, FHI began making Nissan Pulsar cars for Nissan.

Modern Products and Partnerships

Today, Subaru Corporation makes Subaru brand cars. Its aerospace division builds helicopters for the Japanese Self Defense Force. They also make trainer planes and unmanned aerial vehicles (drones). This division also builds parts for large jets like the Boeing 777 and Boeing 787. In the past, FHI made parts for other business jets.

In 2003, the company started using the Subaru car logo as its main company symbol.

Partnership with Toyota

On October 5, 2005, Toyota bought a part of FHI's shares. These shares were from General Motors, which had owned a larger part since 1999. Toyota then announced a plan in 2006. They would use Subaru's factory in Lafayette, Indiana, to build Toyota Camry cars. This helped both companies.

In June 2014, the company signed a contract with Boeing Commercial Airplanes. Subaru Corporation became one of five major Japanese companies. They were chosen to build parts for Boeing's new Boeing 777X aircraft.

Becoming Subaru Corporation

In May 2016, Fuji Heavy Industries announced a big change. They would change their name to Subaru Corporation. This change officially happened on April 1, 2017.

Leadership

  • Kenji Kita (1953–1956)
  • Takao Yoshida (1956–1963)
  • Nobuo Yokoda (1963–1970)
  • Eiichi Ohara (1970–1978)
  • Sasaki Sadamichi (1978–1985)
  • Toshihiro Tajima (1985–1990)
  • Isamu Kawaii (1990–1996)
  • Takeshi Tanaka (1996–2001)
  • Kyoji Takenaka (2001–2006)
  • Ikuo Mori (2006–2011)
  • Yasuyuki Yoshinaga (2011–2018)
  • Tomomi Nakamura (2018–2023)
  • Atsushi Osaki (2023–present)

Divisions of Subaru Corporation

Subaru Corporation has two main parts:

Former Divisions

Subaru Corporation used to have other divisions:

  • Subaru stopped making buses and railroad cars in 2003.
  • The eco technology division made and sold garbage trucks, robot sweepers, and wind turbines.
  • The Subaru Industrial Power Products division stopped in 2017. It made and sold engines, pumps, and generators. These were known as Subaru-Robin and Robin brands. This division also made "Star" engines for Polaris Industries snowmobiles starting in 1968. Engine making stopped in 1998. Subaru still works with Polaris and provides parts like pistons. Subaru has supplied over 2 million engines for Polaris vehicles.

Products

Small Automobiles

Aircraft Models

JGSDF AH-64D 20120108-01
A JGSDF AH-64D helicopter
  • Fuji FA-200 Aero Subaru (1965) - a light airplane
  • Fuji/Rockwell Commander 700 (1975) - a light transport plane
  • Fuji KM-2 (1962) - a light military trainer plane
  • Fuji LM-1 Nikko (1955) - a light military communications plane
  • Fuji T-1 (1958) - a military jet trainer
  • Fuji T-3/KM-2 (1974) - a primary military trainer
  • Fuji T-5/KM-2 Kai (1984) - a basic military trainer
  • Fuji T-7/T-3 Kai (1998) - a primary military trainer
  • Fuji TACOM UAV - an unmanned aerial vehicle (drone)
  • Subaru-Bell UH-X - a project to replace the UH-1J helicopter for the Japan Ground Self-Defense Force.

Images for kids

See also

Kids robot.svg In Spanish: Subaru Corporation para niños

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