On January 26, 2016, American automaker Ford Motor released an official statement that it will withdraw from its business operations in Japan. Ford disclosed that its entire operations in Japan will stop by the end of 2016.
Ford is moving in a direction wherein they will assertively withdraw from their operations in Japan due to the fact that they cannot estimate their sales growth and weak profit outlook, as they cannot maintain competitive power in the Japanese market environment. As for their business operations in Japan, they decided to withdraw upon judging that they couldn’t estimate a sufficient return from their investment and stand on a reasonable path towards secure profitability hereafter. They also agreed to let their management resources concentrate on other markets.
Ford already notified this news of withdrawal to their employees and each of its distributors. Hereafter, they are supporting their employees and subsidiary companies through giving them sufficient consideration towards transferring to other companies. Moreover, they will be explaining to the Ford owners that they will continue to offer after-sales services and replacement of parts even after their withdrawal from Japan.
(Translated by Claire Marie Sausora)