37. Isuzu Motors Limited 1999 Annual Report
C ORPORATE DIRECTORY
OVERSEAS OFFICES Isuzu Bus Manufacturing Ltd. DMAX Ltd. Capital: ¥4,500 million Capital: US$100 million Belgium Main business: Manufacture and sales of buses Address: 3100 Dryden Road Europe Liaison Office Moraine, Ohio 45439, U.S.A. Sphere Business Park, Doornveld 1 Isuzu Estate Co., Ltd. Tel: 1-937-455-2215 B-Bus 3/4 1731 Zellik, Belgium Capital: ¥1,000 million Main business: Manufacture and sales of Tel: 32-2-463-0990 Main business: Real estate sales and agency, diesel engines building maintenance China Isuzu Motors Europe Ltd. Beijing Liaison Office Isuzu LINEX Corporation Capital: £5 million Beijing Fortune Building, Room 1505 Capital: ¥800 million Address: 24, The Courtyards 5 Dong San Huang Bei-Lu, Chao Yang District Main business: Arrangement of transportation Croxley Business Park, Hatters Lane, Watford Beijing 100004, People’s Republic of China and warehousing Hertfordshire WD1 8YZ, U.K. Tel: 86-10-6590-8957 Tel: 44-1923-231-580~2 Tokyo Isuzu Motors Ltd. Main business: Import, manufacture and sales of Malaysia Capital: ¥850 million automobiles, parts and accessories Kuala Lumpur Representative Office Main business: Automobile sales c/o Automotive Corporation (Malaysia) Sdn. Bhd. Isuzu Motors Germany GmbH Lot 3, Jalan Perusahaan Dua Automotive Foundry Co., Ltd. Capital: DM100,000 Batu Caves Industrial Area Capital: ¥1,480 million Address: Weiherfeld 2 Off Jalan Batu Caves, 68100 Main business: Manufacture and sales of casting D-65462 Ginsheim-Gustavsburg, Germany Selangor Darul Ehsan, West Malaysia and parts for automobiles, construction machines Tel: 49-6134-558-0 Tel: 60-3-689-8580 and industrial vehicles Main business: Development, purchasing quality assurance of diesel engines Pakistan Jidosha Buhin Kogyo Co., Ltd. Karachi Representative Office Capital: ¥1,114 million Isuzu Truck Deutschland GmbH c/o National Motors Ltd. Main business: Manufacture and sales of Capital: DM4 million Hub Chowki Road S.I.T.E. automotive parts Address: Werftstrasse, 25 Karachi-75730, Pakistan 40549 Dusseldorf, Germany Tel: 92-21-256-6093 TDF Corporation Tel: 49-211-56351-0 Capital: ¥1,199 million Main business: Import, distribution of Isuzu United Arab Emirates Main business: Manufacture and sales of drop commercial vehicles and parts Middle East Liaison Office forging and stamping dies P.O. Box 61150, Jebel Ali Isuzu Truck (UK) Ltd. Dubai, U.A.E. Capital: £1 million Tel: 971-4-815030 Address: Thundridge Business Park, Thundridge, PRINCIPAL OVERSEAS near Ware Hertfordshire SG12 0SS, U.K. South Africa SUBSIDIARIES AND AFFILIATES Tel: 44-1926-463962 Port Elizabeth Liaison Office Main business: Distribution of commercial c/o Delta Motor Corporation (Pty.) Ltd. Isuzu Motors America, Inc. vehicles, autoparts and accessories Kempston Road, P.O. Box 1137 Capital: US$130.6 million 6000 Port Elizabeth, Republic of South Africa Address: 46401 Commerce Center Drive Isuzu Motors Polska Sp. zo. o. Tel: 27-41-403-2163 Plymouth Township, Michigan 48170, U.S.A. Capital: PLN194 million Tel: 1-734-455-7595 Address: Ul. Touarowa 50 Panama Main business: Import of Isuzu vehicles and diesel 43-100 Tychy, Poland Panama Representative Office engines, sales of SIA-produced vehicles, automobile Tel: 48-32-217-7507 Edificio World Trade Center, Piso 17 research, design and controlling affiliate Main business: Manufacture and sales of Oficina 1701, Calle 53 Este, Urb. Marbella diesel engines Panama, Rep. de Panama American Isuzu Motors Inc. Tel: 507-265-7558 Capital: US$70 million Isuzu Motors Asia Ltd. Address: 13340 183rd Street Capital: US$2.5 million Cerritos, California 90702-6007, U.S.A. Address: 9 Temasek Boulevard Tel: 1-562-229-5000 #22-03, Suntec City Tower II PRINCIPAL DOMESTIC Main business: Distribution of pickup trucks, Singapore 038985 SUBSIDIARIES AND AFFILIATES sports utility vehicles, light/medium-duty trucks Tel: 65-339-9301 and diesel engines in the U.S. and Canada Main business: Control of business and distribution in the Asian area IFCO Inc. Subaru-Isuzu Automotive Inc. Capital: ¥6,000 million Isuzu (China) Holding Co., Ltd. Main business: Auto sales finance and leasing Capital: US$250 million Address: 5500 State Road 38 East Capital: US$35 million Address: Beijing Fortune Building, Room 1510 Kanagawa Isuzu Motors Co., Ltd. Lafayette, Indiana 47903, U.S.A. Tel: 1-765-449-1111 5 Dong San Huang Bei-Lu, Chao Yang District Capital: ¥5,010 million Beijing 100004, People’s Republic of China Main business: Automobile sales Main business: Manufacture of pickup trucks, sports utility vehicles and passenger cars Tel: 86-10-6590-8951 Main business: Investment and administration Isuzu Motors Kinki Co., Ltd. control, supply/import/export agent, other Capital: ¥45 million related investment and consulting activities Main business: Automobile sales 38. Isuzu Motors Limited 1999 Annual Report
Isuzu (Shanghai) Tradetech Co., Ltd. Tri Petch Isuzu Sales Co., Ltd. P.T. Pantja Motor Capital: US$3.35 million Capital: Bt200 million Capital: Rp92 billion Address: Waigaoqiao Building, Room 1407 Address: 1088 Vibhavadi Rangsit Road Address: Jl Gaya Motor III No. 5, Sunter II Jilong Road, Waigaoqiao Free Trade Zone Ladyao, Chatuchak District Jakarta 10033, Indonesia Shanghai 200131, People’s Republic of China Bangkok, 10900 Thailand Tel: 62-21-6501000 Tel: 86-10-5869-6111 Tel: 66-2-966-2111~20 Main business: Import, assembly and distribution Main business: Export and import of vehicles and Main business: Distribution of commercial of commercial vehicles and RVs inland trading vehicles and passenger cars P.T. Mesin Isuzu Indonesia Qingling Motors Co., Ltd. Isuzu Motors Co., (Thailand) Ltd. Capital: Rp13, 214 million Capital: RMB2 billion Capital: Bt300 million Address: Jl. Kaliabang No. 1, Pondok Ungu Address: 1 Xiexing Cun Road Address: 38 Poochao Saming Prai Road Kelurahan Medan Satria, Kec. Bekasi Barat Zhongliangshan, Jiulongpo District Samrong-tai, Phra Pradaeng Bekasi, West Java, Indonesia Chongqing, People’s Republic of China Samutprakan, 10130 Thailand Tel: 62-21-8871901 Tel: 86-23-6251-4125 Tel: 66-2-394-2541 Main business: Manufacture of engines and Main business: Manufacture and distribution Main business: Manufacture of commercial steering systems of trucks vehicles Isuzu Vietnam Co., Ltd. Jiangling-Isuzu Motors Co., Ltd. Isuzu Engine Manufacturing Capital: US$15 million Capital: RMB190 million Co., (Thailand) Ltd. Address: 100 Quang Trung Street Address: 509 Ying Bin North Road, Nanchang Capital: Bt200 million Ward 11, Go Vap District Jiangxi, People’s Republic of China Address: Lad Krabang Industrial Estate Ho Chi Minh City, S.R. Vietnam Tel: 86-791-25-2888 122 Moo 4, Chalongkrung Road Tel: 84-8-8959200 Main business: Manufacture and distribution of Lamplatew, Lad Krabang Main business: Manufacture and distribution of light-duty trucks Bangkok, 10520 Thailand commercial vehicles Tel: 66-2-326-0916~9 Beijing Beiling Special Automobile Main business: Manufacture of diesel engines Isuzu-General Motors Australia Ltd. Co., Ltd. Capital: A$10 million Capital: US$3 million Isuzu Techinical Center (Thailand) Address: 858 Lorimer Street Address: 62 Kunming Hu Nanlu, Haidian District Co., Ltd. Port Melbourne, Victoria 3207, Australia Beijing, People’s Republic of China Capital: Bt20 million Tel: 61-3-9644-6666 Tel: 86-10-6845-8125 Address: Isuzu Building, 6th Floor Main business: Import and distribution of Main business: Manufacture of aluminum 38 Kor. Moo 9, Poochao Saming Prai Road commercial vehicles and engines van bodies Samrong-tai, Phra Pradaeng Samutprakan, 10130 Thailand Anadolu Isuzu Otomotiv Sanayi Ve International Auto Co., Ltd. Tel: 66-2-394-2541 Ticaret A.S. Capital: NT$494 million Main business: Engineering for vehicles Capital: TL2,823.5 billion Address: 363, Sung Chiang Road Address: Yedi Pinarlar Mevkii Taipei, Taiwan, R.O.C. Thai International Die Making Co., Ltd. Sekerpinar Koyu Gebze, Kocaeli, Turkey Tel: 886-2-2503-7221 Capital: Bt87.5 million Tel: 90-262-658-8433 Main business: Distribution of Isuzu vehicles Address: 331-332 Bangpoo Industrial Estate Main business: Manufacture and distribution of Sukumvit Road, Amphur Muang commercial vehicles Taiwan Isuzu Motors Co., Ltd. Samutprakan, 10280 Thailand Capital: NT$850 million Tel: 66-2-324-0511 General Motors Egypt S.A.E. Address: 2-2 Lane 310, Sec. 2, Sha-Tien Road Main business: Manufacture of dies and Capital: E£74.3 million Ta Tu, Taichung Hsien, Taiwan, R.O.C. stamping parts Address: Abu El Feda Building 3 Tel: 886-4-699-7600 Abu El Feda Street, Zamalek, Cairo, Egypt Main business: Manufacture and sales of commercial IT Forging (Thailand) Co., Ltd. Tel: 20-2-340-4004 vehicles, sales and export of autoparts Capital: Bt700 million Main business: Manufacture of commercial Address: Siam Eastern Industrial Park vehicles and passenger cars Isuzu Philippines Corporation 60/7 Moo 3T. Mabyangporn, A. Pluakdaeng Capital: P1 billion Rayong, 21140 Thailand Industries Mecaniques Maghrebines Address: 114 Technology Avenue Tel: 66-38-891-380 Capital: TD25 million Laguna Technopark Phase III Main business: Manufacture and distribution Address: Z.I. Tunis-Carthage B.P. 189 Binan Laguna 4024, Philippines of forgings Tunis Cedex, 1080 Tunis, Tunisia Tel: 63-2-842-0241 Tel: 216-1-717226 Main business: Manufacture and distribution Malaysian Truck and Bus Sdn. Bhd. Main business: Manufacture of commercial of vehicles Capital: RM100 million vehicles and passenger cars Address: Kawasan Perindustrian Isuzu Autoparts Manufacturing Peramu Jaya, P.O. Box 3, Pekan 26607 Corporation Pahang Darul Makmur, Malaysia Capital: P442 million Tel: 60-9-426-0340 Address: 114 North Main Avenue Phase III Main business: Manufacture and distribution of Special Economic Zone, Laguna Techonopark commercial vehicles Binan, Laguna 4024, Philippines Tel: 63-49-541-1458 Main business: Manufacture of transmissions 39. Isuzu Motors Limited 1999 Annual Report
A BOUT THE COMPANY C ORPORATE DATA
Isuzu Motors Limited Since its establishment in 1937, Isuzu Motors Limited has grown to become one of the Date of Establishment April 9, 1937 world’s foremost manufacturers of medium- and heavy-duty trucks. Isuzu’s other products Head Office 26-l, Minami-oi 6-chome, Shinagawa-ku, Tokyo 140-8722, Japan include light-duty vehicles, engines and components. Tel: 03-5471-1141 Facsimile: 03-5471-1043
The Company strives to develop and market products that demonstrate superior Common Stock (Par value ¥50) Shares authorized: 3,000,000,000 quality and advanced design, while at the same time reflecting a pro-environmental stance. Shares issued: 1,263,246,218 Transfer Agent In short, Isuzu aims for quality without compromise. The Toyo Trust and Banking Co., Ltd. 10-11, Higashisuna 7-chome, Koto-ku, Tokyo 137-8081, Japan
Number of Shareholders 52,871
Major Shareholders (% of total) General Motors Corporation (49.00) The Dai-Ichi Kangyo Bank, Ltd. (2.31) Asahi Life Mutual Insurance Company (2.24) Dai-Ichi Mutual Life Insurance Company (2.02) Itochu Corporation (1.91) The Industrial Bank of Japan, Ltd. (1.68) Midland Bank (Overseas) Nominees Limited (1.25) The Sanwa Bank, Ltd. (1.15) Nippon Life Insurance Company (1.15) The Tokio Marine and Fire Insurance Co., Ltd. (1.04) C ONTENTS Plants and Other Facilities Kawasaki Plant Heavy- and medium-duty trucks and buses, engines and parts Financial Highlights 1 Tochigi Plant Engines and parts Fujisawa Plant Light-duty trucks, engines and parts To Our Shareholders 2 Yamato Plant Truck cabs Hokkaido Plant Engines Strengthening the Alliance With GM 6 Hokkaido Proving Ground Testing Introducing a Future World Leader 7 Review of Operations 12 Directors and Corporate Auditors 16 Financial Section 17 Corporate Directory 37 Corporate Data 39
(As of March 31, 1999)
IsuzuAR99(C1-4)* Page 3 00.10.6, 5:28 PM Adobe PageMaker 6.5J/PPC Isuzu Motors Limited Annual Report 1999
ISUZU MOTORS LIMITED ANNUAL REPORT
1999
ISUZU MOTORS LIMITED 26-1, Minami-oi 6-chome, Shinagawa-ku, Tokyo 140-8722, Japan Tel: 03-5471-1141 Facsimile: 03-5471-1043
Printed in Japan
IsuzuAR99(C1-4)* Page 2 00.10.6, 5:28 PM Adobe PageMaker 6.5J/PPC