Fuji Electric Holdings Co., Ltd.
Fuji Electric Holdings Co., Ltd. is a Japan-based holding company. Through its subsidiaries and associated companies, the Company has operations in five business divisions. The Electric Systems division offers e-solutions, environmental systems, industrial and transportation systems, power plant products, as well as installs electrical facilities and air conditioners, among others. The Machinery and Controls division offers magnetic switches, manual motor starters, molded case circuit breakers, energy supervision equipment and servo systems, among others. The Electronic Devices division offers semiconductors, disc mediums and imaging devices. The Retail Systems division offers vending machines, currency equipment and cold chain equipment. Other businesses include the real estate, insurance and tourism businesses, as well as the provision of finance services, among others. Fuji Electric Holdings has 137 subsidiaries and 47 associated companies.
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Most Asian markets ended lower yesterday on fears of a possible downgrade of Greek debt. Japan's Nikkei lost 1.0 per cent while a rising yen weighed on exporters. Taiwan market fell 1.4 per cent and South Korean's Kospi declined 1.6 per cent. But China's Shanghai Composite rose 1.3 per cent, as investors were expecting an annual parliament session in March may reaffirm China's relatively loose monetary policy.
Most Asian markets opened firmer Thursday following Wall Street's rebound overnight lifted by better-than-expected economic figures.
Asian share markets closed sharply lower on Monday with investor sentiment sharply dented by a worse-than-expected contraction in the U.S. economy. In Hong Kong, Hang Seng Index fell 3.86 per cent, dragged by the slump in U.S. stocks to new bear market lows Friday and concerns over HSBC. Japan's Nikkei-225 was down 3.8 per cent, while South Korean stocks closed 4.16 per cent lower. But Shanghai shares bucked the regional trend, closing up 0.51 per cent, as government stimulus plans boosted real estate and cement stocks.
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