Company logo
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Suzuki Motor Corporation headquarters in Hamamatsu
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Native name
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スズキ株式会社 |
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Romanized name
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Suzuki Kabushiki-Kaisha |
Public (K.K.) | |
Traded as | : |
Industry | Automotive |
Founded | 1909 | (as Suzuki Loom Works)
Founder | Michio Suzuki |
Headquarters | Hamamatsu, Shizuoka, Japan |
Area served
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Worldwide |
Key people
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Osamu Suzuki (Chairman) Yasuhito Harayama (Vice Chairman) Toshihiro Suzuk (President and CEO) |
Products | Automobiles, engines, motorcycles, ATVs, outboard motors |
Production output
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2,878,000 automobiles (FY2012) 2,269,000 Motorcycles and ATVs (FY2012) |
Revenue |
¥2,578.3 billion (FY2012) (US$26.27 billion) |
Profit |
¥80.4 billion (FY2012) (US$819 million) |
Total assets |
¥2,487.6 billion (FY2012) (US$25.34 billion) |
Subsidiaries |
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Website | www |
Suzuki Motor Corporation (Japanese: スズキ株式会社 Hepburn: Suzuki Kabushiki-Kaisha?) is a Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan, which specializes in manufacturing automobiles, four-wheel drive vehicles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2014, Suzuki was thought to be the ninth biggest automaker by production worldwide. Suzuki has over 45,000 employees worldwide and has about 35 main production facilities in 23 countries and 133 distributors in 192 countries.
In 1909, Michio Suzuki (1887–1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japan's giant silk industry. In 1929, Michio Suzuki invented a new type of weaving machine, which was exported overseas. The company's first 30 years focused on the development and production of these machines.
Despite the success of his looms, Suzuki believed that his company would benefit from diversification and he began to look at other products. Based on consumer demand, he decided that building a small car would be the most practical new venture. The project began in 1937, and within two years Suzuki had completed several compact prototype cars. These first Suzuki motor vehicles were powered by a then-innovative, liquid-cooled, four-stroke, four-cylinder engine. It had a cast aluminum crankcase and gearbox and generated 13 horsepower (9.7 kW) from a displacement of less than 800cc.