Ryobi
{{Short description|Tool and industrial parts manufacturer}}
{{Use mdy dates|date=October 2016}}
{{Infobox company
| name = Ryobi Limited
| native_name = リョービ株式会社
| native_name_lang = ja
| logo = Ryobi company logo.svg
| logo_size = 280px
| image = RYOBI HQ.JPG
| image_size = 280px
| image_caption = Company headquarters
| traded_as = {{TYO|5851}}
| ISIN = JP3975800008
| founded = {{Start date and age|1943|12|16}}
| hq_location_city = Fuchu, Hiroshima 726-8628
| hq_location_country = Japan
| area_served = Worldwide
| key_people = Akira Urakami
(President)
| industry = Machinery
| products = {{unbulleted list|Die cast products|Electric power tools|Lawn and garden equipment|Builders' hardware|Printing equipment}}
| revenue = {{increase}} JPY 254.5 billion (FY 2015)
(US$ 2.25 billion) (FY 2015)
| net_income = {{increase}} JPY 9.3 billion (FY 2015)
(US$ 94.6 million) (FY 2015)
| num_employees = 8,993 (as of March 26, 2016)
| footnotes = {{cite web |url=http://www.ryobi-group.co.jp/en/company/corporate_data.html |title=Corporate Information |publisher=Ryobi Ltd. |accessdate=October 18, 2016}}{{cite web |url=http://www.ryobi-group.co.jp/en/investor_relations/annual_report/data/ar2016.pdf |title=Ryobi Annual Report ()2016) |publisher=Ryobi Ltd. |accessdate=October 18, 2016}}{{cite web |url=http://asia.nikkei.com/Company/05J15Z-E |title=Company Profile |work=Nikkei Asian Review |publisher=Nikkei Inc. |accessdate=October 18, 2016}}
| website = {{Official website|http://www.ryobi-group.co.jp/en/index.html}}
}}
Ryobi Limited ({{IPAc-en|lang|r|aɪ|ˈ|oʊ|b|i}} {{respell|ry|OH|bee}} {{small|or}} {{IPAc-en|r|i|ˈ|oʊ|b|i}} {{respell|ree|OH|bee}}; {{langx|ja|リョービ株式会社|Ryōbi Kabushiki-gaisha}}, {{IPA|ja|ɾʲoːꜜbi|IPA}}) is a Japanese manufacturer of components for automobiles, electronics, and telecommunications industries. It also sells printing equipment, power tools, and builders' hardware. Ryobi Power Tools and Ryobi Outdoor Power Equipment are brands of Techtronic Industries, used under license from Ryobi Limited.
History
The Ryobi Seisakusho Co., Ltd., was founded in Japan in 1943 and began selling die-cast products in 1944. In 1961, the company began manufacturing offset printing presses and was listed on the Tokyo Stock Exchange. Ryobi began production of power tools in 1968. The company's name changed in 1973 to Ryobi, Ltd.{{cite web |url=https://www.ryobi-group.co.jp/en/corp/history.html |title=History |publisher=Ryobi, Ltd. |accessdate=2023-12-14}}
Ryobi operates 12 manufacturing facilities across six countries. In 1985, Ryobi launched die casting production in Shelbyville, Indiana, its only manufacturing location in the United States.{{cite news |url=http://www.foundry-planet.com/equipment/detail-view/usa-ryobi-to-expand-indiana-operation |title=USA - Ryobi to expand Indiana operation |publisher=Foundry-Planet Ltd. |date=July 29, 2016 |accessdate=October 18, 2016}} Ryobi signed an official partnership deal with German football team Hertha Berlin in 2014.{{cite news |url=http://www.sportspromedia.com/news/ryobi_extends_partnership_with_hertha_berlin |first=George |last=Dudley |title=Ryobi extends partnership with Hertha Berlin |publisher=SportsPro |date=July 6, 2016 |accessdate=October 18, 2016}} In 1991, Ryobi launched production in Carrickfergus, Northern Ireland.
Techtronic Industries (TTI) acquired Ryobi Limited's North American power tools business in August 2000.{{cite web |title=Shareholders Unanimously Approved The Acquisition of Ryobi Confirm Leadership Position in North America Power Tool Market |url=https://doc.irasia.com/listco/hk/techtronic/press/p000731.pdf |publisher=TechTronic Industries Company Limited |date=2000-07-31 |access-date=2023-12-14}}
In August 2001 TTI acquired Ryobi's European power tools business and in March 2002 TTI acquired two subsidiaries of Ryobi Limited, Ryobi Australia Pty. and Ryobi New Zealand Limited.{{cite web |title=TECHTRONIC Acquires RYOBI Power Tools Business in Australia & New Zealand |url=https://doc.irasia.com/listco/hk/techtronic/press/p020303.pdf |publisher=TechTronic Industries Company Limited |date=2002-03-03 |access-date=2023-12-14}}
In 2018, Ryobi transferred the rest of power tools business (Japan, Asia, Latin America, Middle East and Africa markets) to the Kyocera Group.
U.S. operations
Ryobi Die Casting (USA), Inc., is a Shelbyville, Indiana, manufacturer of products for the automobile industry.
Ryobi Finance Corp. is a financial-operations company of the Ryobi Group located in Chicago, Illinois.
References
{{Reflist}}
External links
{{Portal|Japan|Engineering|Companies}}
- [http://www.ryobi-group.co.jp/en/index.html Official website]
{{Power tool manufacturers}}
{{Techtronic Industries}}
{{Authority control}}
Category:Manufacturing companies of Japan
Category:Printing press manufacturers
Category:Power tool manufacturers
Category:Companies listed on the Tokyo Stock Exchange
Category:Companies based in Hiroshima Prefecture
Category:Japanese companies established in 1943
Category:Manufacturing companies established in 1943
Category:Multinational companies headquartered in Japan
Category:Tool manufacturing companies of Japan
never enough
{{Japan-company-stub}}