- Business
- Furuno Electric Co., Ltd. (6814.T) manufactures and sells marine and industrial electronics equipment, including radars, automatic identification systems (AIS), electronic chart display and information systems (ECDIS), satellite communication equipment, fish finders, scanning sonars, radiotelephones, network-capable navigation systems, GPS chart plotters, and autopilot systems for merchant vessels, fishing vessels, sport fishing boats, sailboats, and yachts; industrial products such as automotive ETC2.0/ETC systems, dedicated short-range communication systems, GPS receivers, GNSS disciplined oscillators, clinical chemical analyzers, ultrasound bone densitometers, wireless LAN access points, wireless handheld terminals, meteorological monitoring systems, displacement monitoring systems, and electromagnetic environment testing services; and defense equipment leveraging core wireless communication technologies.
Founded in 1938 as FURUNO ELECTRIC SHOKAI LTD. in Nagasaki, Japan, and incorporated in 1951, the company is headquartered in Nishinomiya, Hyogo Prefecture, Japan, and operates through five domestic offices, 33 overseas subsidiaries, and service locations in 56 sites worldwide across more than 90 countries, including subsidiaries in Europe (19 companies), Asia and Oceania (12 companies), and the Americas (two companies).
Furuno maintains global niche leadership with approximately 50% share of the worldwide merchant vessel marine radar market and 43% in fishing vessel applications, while expanding its industrial segments in GNSS, healthcare, ITS, and wireless LAN systems, particularly in education and network businesses.
In recent developments, Furuno established a fleet operation center in July 2024 to support navigation under the MEGURI2040 unmanned vessel project; launched Aqua Scope in January 2024, a service integrating data for aquaculture management with fish weight estimation systems; participated in ITSF2025 with session lectures and exhibitions in November 2025; joined the Zero Ocean Waste Osaka initiative with Osaka Prefecture and Osaka University starting February 2025 to combat marine plastic pollution; and earned DX Certification from METI for maritime digital transformation efforts.
Earlier strategic moves include the 2021 opening of the SOUTH WING R&D building, 2020 acquisition of EMRI A/S for advanced autopilot and steering systems, 2018 acquisition of Electronic Navigation Ltd., and a 2024 digital cooperation memorandum with Accelleron (via Turbo Systems United) to integrate turbocharger optimization with Furuno's open platform connectivity for Japanese shipbuilding.