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FANUC and Yamaha Finetech Enter Collaboration Agreement in
inishing Process Robot Business
FANUC Ltd.
Yamaha Fine Technologies Co., Ltd.
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Tokyo, December 10, 2002 -- FANUC Ltd. (Head Office: Minamitsuru-gun, Yamanashi Prefecture; Chairman: Ryoichiro Nozawa), Japan's top manufacturer of factory automation systems and industrial robots, and Yamaha Fine Technologies Co., Ltd. ("Yamaha Finetech"; Head Office: Hamamatsu City, Shizuoka Prefecture), a specialized designer and manufacturer of FA facilities and magnesium components and a wholly owned subsidiary of Yamaha Corp., today completed a business collaboration agreement in the field of finishing process robots.
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| Outline of Collaboration: |
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FANUC and Yamaha Finetech agreed to the business collaboration in order to introduce even more competitive finishing process robot products into the marketplace. They will accomplish this by conducting joint research while taking advantage of each company's strengths in the field of finishing process robots, the demand for which is expected to grow in the future.
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| Following are the main details of the collaboration: |
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The two companies will cooperate in the promotion of technological development in the field of finishing process robots.
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FANUC will be responsible for production of machine parts and control equipment for jointly developed finishing process models, and will supply these components to Yamaha Finetech. Yamaha Finetech will sell these products.
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Yamaha Finetech will receive supply of control equipment, servomotors, etc., from FANUC, and will adopt these items as structural components in dedicated finishing process robots developed by Yamaha Finetech.
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The collaboration will be effective as of today's date, and Yamaha Finetech will begin accepting orders for three system product models centered around the jointly developed robots on December 11th, 2002. The two companies expect to see annual sales of approximately 2 billion yen in the finishing process field as a result of this business collaboration.
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| Background and Goals of Collaboration: |
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Finishing process robots are industrial robots that carry out specialized grinding and polishing operations, such as de-burring of metal and die casts, polishing of curved surfaces, and removal of paint or rust. Since the era when Yamaha Finetech was still a division of Yamaha Corp., the company has been accumulating know-how through the active implementation of process robots, for example in surface finishing of pianos and brass instruments. Yamaha Finetech now conducts built-to-order sales of integrated finishing systems that include both pre- and post-processes, and has an extensive track record of installations.
technicians and the shifting of manufacturing divisions into foreign countries. This has resulted in a marked lack of manpower in de-burring, polishing, and related operations, as well as a noticeable decrease in processing quality, which in turn has lead to an increase in potential requirements for robots in the finishing process field and other areas of factory automation (FA).
FANUC is the world's largest comprehensive manufacturer of FA equipment. In addition to offering CNC (computer numerical control) products that have received high international acclaim, the company develops and markets models for a wide range of applications in the robotics field, including spot welding, assembly, and transport, and boasts the world's greatest shipment record in the FA industry.
Given this backdrop, Yamaha Finetech, which has many years of experience in the finishing process field, and FANUC, which possesses superior robotics technologies that have been widely accepted as a global standard and which excels in production technologies as well, have been working together to promote development of a specialized finishing process model based on FANUC's intelligent robot products. Now, concurrent with the completion of the first product based on this model, the two companies have agreed to enter a new and advanced phase of business collaboration in the context of joint development.
Yamaha Finetech will act as the sole distributor for the specialized finishing process model jointly developed by the two companies, which will be sold under the name Finishing Model customized by YAMAHA.
In keeping with the details of the collaboration agreement, Yamaha Finetech and FANUC will continue to jointly promote technological development in the finishing process field, and at the same time will endeavor to increase the presence of both companies and to develop new business in this area.
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| Company Profiles: |
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| *FANUC Ltd. |
| Head Office |
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3580, Shibokusa Aza-Komanba, Oshino-mura, Minamitsuru-gun, Yamanashi Prefecture
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| Chairman |
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Ryoichiro Nozawa
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Paid-in Capital
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69,014 million yen
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| Employees |
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1,986
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Scope of Business
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Development, manufacturing, sales, and maintenance service for CNC systems (Computer Numerical Control and servomotors), laser systems (laser oscillators and CNC), robots (including robot systems), and robomachines (plastic injection molding machines, AI wire-cut electric discharge machines, CNC drill ultra-high precision nano machines, and related systems)
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| Sales |
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152,300 million yen ( in fiscal 2002,ended March 31)
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*Yamaha Fine Technologies Co., Ltd. (Yamaha Finetech)
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| Head Office |
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283 Aoyo-cho, Hamamatsu City, Shizuoka Prefecture
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| President |
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Shinsuke Sakurai
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Paid-in Capital
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300 million yen (wholly owned by Yamaha Corp.)
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| Employees |
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280
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Scope of Business
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Manufacturing and sales of FA equipment, magnesium parts, plastic parts, dies, and related products
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| Sales |
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7,600 million yen (in fiscal 2002, ended March 31)
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For further information, please contact
Yamaha Corporation
Public Relations Division
Corporate Communication Group
TEL. +81-3- 5488-6601
FAX. +81-3-5488-5060
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