* EXECUTIVE SUMMARY
THE 25 largest foreign companies with U.S. headquarters in L.A. County had combined revenues of $450 billion for the 2007 fiscal year.
Many foreign companies saw revenues increase as a result of the weak U.S. dollar. In comparison with Japanese yen, the dollar
Great Britain's largest retailer, Tesco PLC, made its initial move into L.A. County two years ago by launching El Segundo-based Fresh & Easy Neighborhood Market. The British retailer plans to invest $2 billion in the chain, giving it a significant presence in North America.
Fresh & Easy has already opened 61 locations in California, Arizona and Nevada. Each store employs 20 to 30 people in 10,000-square-foot markets. It will open its 62nd North American location in Manhattan Beach next month.
Meanwhile, one foreign company plans to suspend its North American operations starting in 2009. Isuzu Motors North America Inc. will halt sales of vehicles. However, the company plans to keep its parts and service operation centers fully functional.
The 25 largest foreign companies with local headquarters employ 1.2 million people worldwide.
--David Nusbaum
* THE TRENDS
[GRAPHICS OMITTED]
* THE PACESETTER
AMERICAN Honda Motor Co. Inc., the Torrance-based subsidiary of Honda Motor Co. Ltd., tops the list of largest foreign companies with U.S. headquarters in L.A. County for the third consecutive year.
[ILLUSTRATION OMITTED]
Tokyo-based Honda reported $113 billion in revenues for 2007. The company manufactures a wide array of engine-powered vehicles including automobiles, motorcycles, light business jets, marine engines and personal watercraft.
The company manufactures automobiles under the Honda and Acura flags. In May, the company shattered its previous sales record in the United States with 167,997 vehicles sold. Its best selling model was the Civic, which accounted for 53,299 units. That was the company's highest-ever number of vehicles in one model sold in the U.S. The previous record of 49,098 was set in August 2003 by the Accord.
Honda Performance Division, the Santa Clarita-based division for professional auto racing operations announced last month that it extended its contract with IndyCar Series to provide the motor sport with engines for the next five years. Honda joined the league in 2003.
Founded in 1946 in Japan as the Honda Technical Research Institute to develop and produce two-cycle motorbike engines. It opened U.S. operations in 1959 in Los Angeles and now has more that) 27,000 employees in the United States.
--David Nusbaum
Parent
Company
Rank Company Revenues Description
* name (in billions) of Operations
* address * 2007
* Web Address * 2006
1 American Honda Motor $113 manufacturer of
Co. Inc. $84.3 automobiles, motorcycles,
1919 Torrance Blvd. light business jets,
Torrance 90501 marine engines, personal
honda.com watercraft, generators and
other power equipment
2 Nestle U.S.A. Inc. 95.5 food manufacturer
800 N. Brand Blvd. 80.7
Glendale 91203
nestleusa.com
3 Fresh & Easy 93.2 grocery stores
2120 Park Place, 84.1
Suite 200
El Segundo 90245
freshandeasy.com
4 Kirin Brewery 17 beer importer
of America LLC 13.7
970 W. 190th St.,
Suite 890
Torrance 90404
kirin.com
5 Isuzu Motors 15.8 auto distributor
America Inc. 14.5
13340 183rd St.
Cerritos 90702
isuzu.com
6 Asahi Beer 13.9 beer importer
U.S.A. Inc. 11.9
20000 Mariner
Ave., Suite 300
Torrance 90503
asahibeerusa.com
7 Epson America Inc. 13.5 digital imaging
3840 Kilroy Airport 12
Way Long Beach 90806
epson.com
8 Nippon Steel Trading 11.7 wholesale trade in steel
America Inc. 8.8 products including bars,
725 S. Figueroa St., sheets and plates; sale
Suite 1860 of fuels
Los Angeles 90017
N/A
9 Taiheiyo Cement 8.9 cement and construction
U.S.A. Inc. 7.8 materials
2025 East Financial
Way Glendora 91741
taiheiyo-cement.co.jp
10 Korean Air 7.5 Korean Air is a commercial
1813 Wilshire Blvd., 6.9 airline and cargo carrier;
Fourth Floor parent company Hanjin is a
Los Angeles 90057 logistics and
koreanair.com transportation conglomerate
11 China Southern 7.5 commercial airline
Airlines 6
6300 Wilshire Blvd.,
Suite 101
Los Angeles 90048
cs-airl.com/en
12 Pioneer North America 7.3 sales and marketing of
2265 E. 220th St. 7.2 consumer electronics,
Long Beach 90810 including high performance
pioneerelectronics. home audio, video and
com computer equipment for use
in home, car and business
environments
13 Westfield LLC 6.7 retail property group
11601 Wilshire Blvd., 4.4
11th Floor Los
Angeles 90025
westfield.com
14 DBS Bank 6.2 financial services
445 S. Figueroa St., 5.3
Suite 3550
Los Angeles 90071
dbs.com
15 Iwatani International 5.8 sales of tabletop stoves,
Corp. of America 5.4 butane fuel, lumber,
385 Van Ness Ave., emergency/survival
Suite 110 products, paint, valves,
Torrance 90501 helium, specialty gases,
iwatani.com soil, machinery, wire
products and chinaware
16 Red Bull North 4.9 beverage manufacturer
America Inc. 3.3 and distributor
1740 Stewart Street
Santa Monica 90404
redbullusa.com
17 China Airlines 4.2 commercial airline
200 N. Continental 3.7
Blvd. El Segundo
90245
china-airlines.com
18 Sankyu U.S.A. Inc. 4.1 logistics
24700 S. Main St. 3.4
Carson 90745
sankyu-usa.com
19 Nissin Foods 3.2 food manufacturer
U.S.A. Co. Inc. 3.2
2001 W. Rosecrans
Ave. Gardena 90249
nissinfoods.com
20 NMB (USA) Inc. 3.2 ball bearings manufacturer
9730 Independence 2.7
Ave. Chatsworth 91311
nmbusa.com
21 Taisho Pharmaceutical 2.4 pharmaceutical sales
California Inc. 2
3878 Carson St.,
Suite 216
Torrance 90503
taisho.co.jp/en
22 Clarion Corp. of 1.7 consumer electronics
America 1.6 manufacturer
661 W. Redondo Beach
Blvd. Gardena 90247
clarion.com
23 Kenwood USA Corp. 1.6 home and car electronics
2201 E. Dominguez St. 1.5 manufacturer
Long Beach 90810
kenwoodusa.com
24 Oberthur Card 1.2 manufacturer of smart
Systems of America 0.7 cards, contactless cards,
3150 E. Ana St. SIM cards, magnetic stripe
Rancho Dominguez cards, government and
90221 corporate ID cards, and
oberthurcs.com related software and
equipment
25 Sanrio Inc. 0.9 develops, distributes and
990 W. 190th St., 0.9 licenses a gift, stationery
Suite 220 and fashion accessory items
Torrance 90502 for women of all ages
sanrio.com
Rank Company
* name Profile Parent Company
* address * total employees * name
* Web Address * U.S. employees * location
1 American Honda Motor
Co. Inc. 167,231 Honda Motor Co. Ltd.
1919 Torrance Blvd. 27,000 Tokyo
Torrance 90501
honda.com
2 Nestle U.S.A. Inc.
800 N. Brand Blvd. 276,000 Nestle S.A.
Glendale 91203 N/A Zurich
nestleusa.com
3 Fresh & Easy
2120 Park Place, 450,000 Tesco plc
Suite 200 N/A Cheshunt, England
El Segundo 90245
freshandeasy.com
4 Kirin Brewery
of America LLC 256 Kirin Brew Co. Ltd.
970 W. 190th St., N/A Tokyo
Suite 890
Torrance 90404
kirin.com
5 Isuzu Motors
America Inc. 23,200 Isuzu Motors Ltd.
13340 183rd St. 183 Tokyo
Cerritos 90702
isuzu.com
6 Asahi Beer
U.S.A. Inc. N/A Asahi Breweries Ltd.
20000 Mariner N/A Tokyo
Ave., Suite 300
Torrance 90503
asahibeerusa.com
7 Epson America Inc.
3840 Kilroy Airport 88,925 Seiko Epson Corp.
Way Long Beach 90806 N/A Nagano, Japan
epson.com
8 Nippon Steel Trading
America Inc. N/A Nippon Steel
725 S. Figueroa St., N/A Trading Co. Ltd.
Suite 1860 Tokyo
Los Angeles 90017
N/A
9 Taiheiyo Cement
U.S.A. Inc. 2,061 Taiheiyo Cement Corp.
2025 East Financial N/A Tokyo
Way Glendora 91741
taiheiyo-cement.co.jp
10 Korean Air
1813 Wilshire Blvd., 16,825 Hanjin Group
Fourth Floor N/A Seoul
Los Angeles 90057
koreanair.com
11 China Southern
Airlines N/A China Southern
6300 Wilshire Blvd., N/A Airlines Co. Ltd.
Suite 101 Guangzhou, China
Los Angeles 90048
cs-airl.com/en
12 Pioneer North America
2265 E. 220th St. 37,622 Pioneer Corp.
Long Beach 90810 N/A Tokyo
pioneerelectronics.
com
13 Westfield LLC
11601 Wilshire Blvd., N/A Westfield Group
11th Floor Los N/A Sydney
Angeles 90025
westfield.com
14 DBS Bank
445 S. Figueroa St., 13,000 DBS Group
Suite 3550 N/A Holdings Ltd.
Los Angeles 90071 Singapore
dbs.com
15 Iwatani International
Corp. of America 1,341 Iwatani
385 Van Ness Ave., N/A International Corp.
Suite 110 Tokyo
Torrance 90501
iwatani.com
16 Red Bull North
America Inc. N/A Red Bull GmbH
1740 Stewart Street N/A Fuschl, Austria
Santa Monica 90404
redbullusa.com
17 China Airlines
200 N. Continental 9,831 China Airlines Ltd.
Blvd. El Segundo N/A Taipei, Taiwan
90245
china-airlines.com
18 Sankyu U.S.A. Inc.
24700 S. Main St. 8,675 Sankyu Inc.
Carson 90745 N/A Tokyo
sankyu-usa.com
19 Nissin Foods
U.S.A. Co. Inc. 21,900 Nissin Food
2001 W. Rosecrans N/A Products Co. Ltd.
Ave. Gardena 90249 Osaka, Japan
nissinfoods.com
20 NMB (USA) Inc.
9730 Independence 49,563 Minebea Co. Ltd.
Ave. Chatsworth 91311 N/A Tokyo
nmbusa.com
21 Taisho Pharmaceutical
California Inc. 5,327 Taisho Pharmaceutical
3878 Carson St., N/A Co. Ltd.
Suite 216 Tokyo
Torrance 90503
taisho.co.jp/en
22 Clarion Corp. of
America 10,774 Clarion Co. Ltd.
661 W. Redondo Beach N/A Toda, Japan
Blvd. Gardena 90247
clarion.com
23 Kenwood USA Corp.
2201 E. Dominguez St. 4,483 Kenwood Corp.
Long Beach 90810 N/A Hachioji, Japan
kenwoodusa.com
24 Oberthur Card
Systems of America 5,000 Francois-Charles
3150 E. Ana St. N/A Oberthur Group
Rancho Dominguez Paris
90221
oberthurcs.com
25 Sanrio Inc.
990 W. 190th St., 807 Sanrio Co. Ltd.
Suite 220 N/A Tokyo
Torrance 90502
sanrio.com
Rank Company Top Local Executive
* name * name
* address * title
* Web Address * phone
1 American Honda Motor Tetsuo Iwamura
Co. Inc. ceo, president
1919 Torrance Blvd. (310) 783-2000
Torrance 90501
honda.com
2 Nestle U.S.A. Inc. Brad Alford
800 N. Brand Blvd. chairman, ceo
Glendale 91203 (818) 549-6000
nestleusa.com
3 Fresh & Easy Tim Mason
2120 Park Place, ceo
Suite 200 (310) 341-1200
El Segundo 90245
freshandeasy.com
4 Kirin Brewery Randy Higa
of America LLC president
970 W. 190th St., (310) 354-2400
Suite 890
Torrance 90404
kirin.com
5 Isuzu Motors Yoshitomo Utaka
America Inc. chairman
13340 183rd St. (562) 229-5000
Cerritos 90702
isuzu.com
6 Asahi Beer Takaharo Tsuzuki
U.S.A. Inc. president
20000 Mariner (310) 921-4000
Ave., Suite 300
Torrance 90503
asahibeerusa.com
7 Epson America Inc. John Lang
3840 Kilroy Airport ceo, president
Way Long Beach 90806 (562) 981-3840
epson.com
8 Nippon Steel Trading Yosuke Hara
America Inc. president
725 S. Figueroa St., (213) 485-9072
Suite 1860
Los Angeles 90017
N/A
9 Taiheiyo Cement N/A
U.S.A. Inc. N/A
2025 East Financial (626) 852-6200
Way Glendora 91741
taiheiyo-cement.co.jp
10 Korean Air T.S. Suk
1813 Wilshire Blvd., managing director
Fourth Floor (310) 417-5200
Los Angeles 90057
koreanair.com
11 China Southern Annie Ye
Airlines general manager
6300 Wilshire Blvd., (888) 338-8988
Suite 101
Los Angeles 90048
cs-airl.com/en
12 Pioneer North America Tom Haga
2265 E. 220th St. group president, coo
Long Beach 90810 (310) 952-2000
pioneerelectronics.
com
13 Westfield LLC Peter S. Lowy
11601 Wilshire Blvd., group managing director, U.S. ceo
11th Floor Los (310) 478-4456
Angeles 90025
westfield.com
14 DBS Bank Andrew Ko
445 S. Figueroa St., general manager
Suite 3550 (213) 627-0222
Los Angeles 90071
dbs.com
15 Iwatani International Tomohiko Kawasaki
Corp. of America treasurer
385 Van Ness Ave., (310) 212-3331
Suite 110
Torrance 90501
iwatani.com
16 Red Bull North Selim Chidiac
America Inc. chairman
1740 Stewart Street (310) 393-4647
Santa Monica 90404
redbullusa.com
17 China Airlines Charles Peng
200 N. Continental regional director, Americas
Blvd. El Segundo (800) 227-5118
90245
china-airlines.com
18 Sankyu U.S.A. Inc. Yoshikazu Matsuzawa
24700 S. Main St. president
Carson 90745 (310) 834-2245
sankyu-usa.com
19 Nissin Foods Takayuki Naruto
U.S.A. Co. Inc. president
2001 W. Rosecrans (323) 321-6453
Ave. Gardena 90249
nissinfoods.com
20 NMB (USA) Inc. Myron Jones
9730 Independence president
Ave. Chatsworth 91311 (818) 709-1770
nmbusa.com
21 Taisho Pharmaceutical N/A
California Inc. N/A
3878 Carson St., (310) 543-2035
Suite 216
Torrance 90503
taisho.co.jp/en
22 Clarion Corp. of Matt Matsuda
America president
661 W. Redondo Beach (310) 327-9100
Blvd. Gardena 90247
clarion.com
23 Kenwood USA Corp. Scott Eguchi
2201 E. Dominguez St. president
Long Beach 90810 (310) 639-9000
kenwoodusa.com
24 Oberthur Card Martin Ferenczi
Systems of America managing director, North America
3150 E. Ana St. (310) 884-7900
Rancho Dominguez
90221
oberthurcs.com
25 Sanrio Inc. Daniel Inoue
990 W. 190th St., executive vice president
Suite 220 (310) 523-1705
Torrance 90502
sanrio.com
N/A--Not Available
Note: Companies are ranked by 2007 parent company revenues.
To the best of our knowledge, this information is accurate
as of press time. While every effort is made to ensure the
accuracy and thoroughness of the list, omissions and
typographical errors sometimes occur. Please send corrections
or additions on company letterhead to the Research Department,
Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170,
Los Angeles 90036. [c] 2008 Los Angeles Business Journal. This
list may not be reprinted in whole or in part without prior
written permission from the editor. Reprints are available
from the YGS Group, (800) 290-5460 ext. 176.