Japanese Semiconductor Industry Service : Companies, 1990
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Japanese Semiconductor Industry Service Companies DataQuest nn a company of MmMm TheDun&BiadstFeetCorporatic 1290 Ridder Paric Drive San Jose, California 95131-2398 (408) 437-8000 Tfelex: 171973 I«x: (408) 437-0292 Sales/Service Offices: UNITED KINGDOM FRANCE EASTERN U.S. Dataquest UK Limited Dataquest SARL Dataquest Boston Roussel House, Tour Gallieni 2 1740 Massachusetts Ave. Broadwater Park 36, avenue Gallieni Boxborough, MA 01719-2209 Denham, Uxbridge, Middx UB9 5HP 93175 Bagnolet Cedex (508) 264-4373 England France Tfelex: 171973 0895-835050 (1)48 97 31 00 Fax: (508) 635-0183 Tfelex: 266195 Tfelex: 233 263 Fax: 0895 835260-1-2 Fax: (1)48 97 34 00 GERMANY JAPAN KOREA Dataquest GmbH Dataquest Japan, Ltd. Dataquest Korea Rosenkavalierplatz 17 Tkiyo Ginza Building/2nd Floor Daeheung Bldg. 505 D-8000 Munich 81 7-14-16 Ginza, Chuo-ku 648-23 Yeoksam-dong >^fest Gertnatiy Tbkyo 104 J^an Kangnam-gu, Seoul 135 Korea (089)91 10 64 (03)546-3191 011-82-2-552-2332 Tfelex: 5218070 Tfelex: 32768 Fax: 011-82-2-552-2661 Fax: (089)91 21 89 Fax: (03)546-3198 The content of this rq>ort represents our interpretation and analysis of information generally avail able to the public or released by responsible individuals in the subject conq>anies, but is not guaranteed as to accuracy or coiiq>leteness. It does not contain material provided to us in confidence by our clients. This information is not furnished in coimection with a sale or offer to seU securities, or in coimec- tion with the solicitation of an offer to buy securities. This firm and its parent and/or their officers, stockholders, or members of their families m^, fifom time to time, have a long or short position in the securities mentioned and m^ sell or buy such securities. Printed in the United States of America. All rights reserved. No part of this publication may be reproduced, stored in r^rieval systems, or transmitted, in aiiy form or by any means—mechanical, electronic, photocc^ing, duplicating, microfilming, videotq>e, or otherwise—without the prior written permission of the publisher. © 1990 Dataquest Incoiporated Table of Contents JAPANESE SEMICONDUCTOR INDUSTRY SERVICE Company Profiles ENTRODUCnON Intioduction to Company Profiles COMPANY PROFILES Ccnnpany Profiles Fuji Electric Fujitsu Hitachi Matsushita Mitsubishi NEC NTT Old Ricoh Saaksa Sanyo Seiko Epscxi Sharp Sony Toshiba Other Companies JSIS Companies ©1990 Dataquest InccHparated January 0005935 Table of Contents (Page intentionally left blank) ©1990 Dataquest Incorporated Januaiy JSIS Companies 0005935 Company Summary All major Japanese semiconductor producers, including Nippon Telegraph and Telephone (NTT), are profiled in this binder. Each profile is organized into three subject areas: general corporate background, specific semiconductor-related details, and financial statements. Subcategories in each of these areas are outlined as follows: • Corporate - Financial - Background - Strategy - Organization - Operations • Semiconductor Segment - Revenue—worldwide and regional - Market share—worldwide and regional - Products and technology - Investments - Facility locations - Alliances and agreements - Distribution channels • Financial Statements The companies covered in this section and their fiscal year-end dates are as follows: Company Fiscal Year End Fuji Electric Co., Ltd. March 31 Fujitsu Limited March 31 Hitachi, Ltd. March 31 Matsushita Electric hidustrial Co., Ltd. March 31 Mitsubishi Corporation March 31 NEC Corporation March 31 NTT Corporation March 31 Oki Electric Industry Company, Limited March 31 Ricoh March 31 Rohm Company Ltd. March 31 Sanken Electric Co., Ltd. March 31 Sanyo Electric Co., Ltd. November 30 Seiko-Epson Private Company Sharp Corporation March 31 Sony Corporation March 31 Toshiba Corporation March 31 JSIS Companies ©1990 Dataquest Incorporate^j^ajfj^j^^-j^Qj^ RESOURCE CENTER 0006600 DATAQUEST INCORPORATED 1290 Ridcter Psrk Drive San cJose, CA 95131-2398 ('iOS) 437-8600 Company Summary The following information was used in the company profiles: • Total corporate revenue is based on the Japanese fiscal year (except Sanyo), which runs from April 1 to March 31 • Semiconductor revenue is based on the calendar year, from which Dataquest derives its estimates. • The following companies changed their fiscal year-end date in 1987: - Matsushita—November 20 to March 31 Sony—October 31 to March 31 (In the years prior to 1987, the numbers were adjusted to March 31 fiscal year for comparison purposes.) • Because of the change in accounting methods, some companies have revised their historical financial figures. Dataquest has retained the latest numbers reported by each company. • The yen per US$1 exchange rate used to compute company revenue is based on an average over both the fiscal year and calendar year (see Table 0). Tables 1 through 7 and Figures 1 and 2 summarize the corporate revenue of the 15 major semiconductor companies covered in this section. Table 0 Exchange Rates--Yen per US$1 Japanese Calendar Year Fiscal Year 1981 221 228 1982 249 249 1983 237 236 1984 237 245 1985 238 221 1986 168 160 1987 144 138 1988 130 128 1989 138 Source: Dataqueit April 1990 ©1990 Dataquest Incorporated April JSIS Companies 0006600 Company Summary Table 1 Total Consolidated Corporate Revenue of Major Japanese Semiconductor Manufacturers (Billions of Yen) Japanese Fiscal Year CAGR Company 1984 1985 1986 1987 1988 1984-1988 Fuji Electric* 381.2 526.3 539.5 557.2 680.2 8.9% Fujitsu 1,562.3 1,691.8 1,789.4 2,046.8 2,387.4 11.2% Hitachi 5,013.3 5,010.5 5,543.2 5,717.0 6,401.4 6.3% Matsushita 4,734.2 5,117.6 4,647.1 5,067.2 5,504.3 3.8% Mitsubishi 2,034.8 2,109.5 2,107,5 2,368.3 2,716.8 7.5% NEC 2,258.4 2,334.7 2,449.7 2,714.7 3,082.8 8.1% Old 417.5 392.6 407.4 451.4 555.5 7.4% Ricoh 545.5 593.9 592.4 674.2 729.4 7.5% Rohm 103.0 97.8 107.2 117.6 146.1 9.1% Sanken 62.4 63.4 66.3 81.0 97.5 11.8% Sanyo 1,420.7 1,500.1 1,181.1 1,186.4 1,236.8 (3.4%) Seiko-Epson N/A N/A N/A N/A N/A N/A Sharp 1,105.4 1,149.1 1,038.4 1,077.8 1,238.4 2.9% Sony 1,327.9 1,433.8 1,456.5 1,555.2 2,145.4 12.7% Toshiba 3,342.8 3,373.0 3,307.6 3,572.4 3,800.9 3.3% •Fuji Electric's fiscal year 1984 is noiKonsolidaud. lu CAGR is between 1985 md 1988. Sowce: Con^iany Amiual Report N/A = Not AvaUable DaUqoest Apia 1990 JSIS Companies ©1990 Dataquest IncoiporateS^^MATlON RESOURCE3CENTER 0006600 DATAQUEST iNCORPORATED )290 Rldder Park Drit-e San Jose. CA 95131-2398 (408) 437-8600 Company Summary Table 2 Total Consolidated Corporate Revenue of Major Japanese Semiconductor Manufacturers (Millions of Dollars) Japanese Fiscal Year CAGR Company 1984 1985 1986 1987 1988 1984-1988 Fuji Electric* 1,556 2,381 3,372 4,038 5,314 30.7% Fujitsu 6,377 7,655 11,184 14,832 18,652 30.8% Hitachi 20,462 22,672 34,645 41,427 50,011 25.0% Matsushita 19,323 23,157 29,045 36,719 43,002 22.1% Mitsubishi 8,305 9,545 13,172 17,161 21,225 26.4% NEC 9,218 10,564 15,311 19,672 24,084 27.1% Oki 1,704 1,777 2,546 3,271 4,340 26.3% Ricoh 2,227 2,687 3,702 4,886 5,699 26.5% Rohm 420 443 670 852 1,142 28.4% Sanken 255 287 414 587 762 31.5% Sanyo 5,799 6,788 7,382 8,597 9,663 13.6% Seiko-Epson N/A N/A N/A N/A N/A N/A Sharp 4,512 5,199 6,490 7,810 9,675 21.0% Sony 5,420 6,488 9,103 11,270 16,761 32.6% Toshiba 13,644 15,262 20,672 25,887 29,694 21.5% 'Fuji Electric's fiscal year 1984 is nonconsolidated. Its CAGR is between 1985 and 1988. Source: Company Annual Repon N/A = Not Available Dataquest Apiil 1990 ©1990 Dataquest Incorporated April JSIS Companies 00066O0 Company Summary Table 3 Estimated Worldwide Semiconductor Revenue of Major Japanese Semiconductor Manufacturers (Billions of Yen) Calendar Year CAGR Company 1984 1985 1986 1987 1988 1989* 1984-1989 Fuji Electric 41.5 37.3 34.2 36.3 45.0 51.2 4.3% Fujitsu 282.0 242.6 227.5 259.3 338.9 405.9 7.6% Hitachi 486.1 397.7 360.2 377.0 455.8 542.3 2.2% Matsushita 220.0 215.6 196.4 209.8 244.8 258.2 3.3% Mitsubishi 228.5 157.4 187.5 214.8 300.6 362.8 9.7% NEC 533.5 472.2 436.7 485.0 590.6 685.0 5.1% Oki 85.8 73.1 71.5 93.7 123.1 155.3 12.6% Ricoh N/A N/A 9.2 9.4 11.1 12.6 N/A Rohm 59.7 58.9 69.0 74.6 93.7 102.1 11.3% Sanken 38.4 37.1 37.4 42.3 49.8 53.4 6.8% Sanyo 107.8 106.8 102.7 122.5 140.8 156.2 7.7% Seiko-Epson 27.3 22.1 27.6 35.3 40.4 50.8 13.2% Sharp 79.8 78.1 72.3 85.0 134.7 169.7 16.3% Sony 40.1 59.9 76.5 82.2 123.5 148.6 30.0% Toshiba 370.0 349.4 380.9 436.2 571.3 674.7 12.8% •Pielimiiiaiy Source: Dataquest N/A = Not Available >^)ril 1990 JSIS Companies ©1990 Dataquest Incorporff^^^^ ,, ^^^^ RESOURCE CENTER 0006600 DATAQUEST INCORPORATED 12% Rkickr P«rk Drive San Jose, CA 95131-2398 (4Cs> 437-S6<J0 Company Summary Table 4 Estimated Worldwise Semiconductor Revenue of Major Japanese Semiconductor Manufacturers (Millions of Dollars) Calendar Year CAGR Company 1984 1985 1986 1987 1988 1989* 1984-1989 Fuji Electric 175 157 204 252 346 371 18.6% Fujitsu 1,190 1,019 1,354 1,801 2,607 2,941 21.7% Hitachi 2,051 1,671 2,144 2,618 3,506 3,930 14.3% Matsushita 928 906 1,169 1,457 1,883 1,871 19.3% Mitsubishi 964 661 1,116 1,492 2,312 2,629 24.4% NEC 2,251 1,984 2,599 3,368 4,543 4,964 19.2% Oki 362 307 426 651 947 1,125 27.2% Ricoh N/A N/A 55 65 85 91 N/A Rohm 252 247 411 518 721 740 30.1% Sanken 162 156 223 294 383 387 24.0% Sanyo 455 449 611 851 1,083 1,132 24.2% Seiko-Epson 115 93 164 245 311 368 28.2% Shaip 337 328 430 590 1,036 1,230 32.4% Sony 169 252 455 571 950 1,077 53.9% Toshiba 1,561 1,468 2,267 3,029 4,395 4,889 29.5% •Preliminaiy Source: DaUquest N/A = Not Available April 1990 ©1990 Dataquest Incorporated April JSIS Companies