| 1949 |
The Founders' Conviction |
| 1949 |
Established |
| 1949-06 |
Mr. S.Nishimura and Mr. H.Shinohara established Shinano Onkyo Institute in Shibuya, Tokyo to start manufacturing loudspeakers. Mr.S.Nishimura assumed of President. |
| 1953 |
In 1953, we also began research into in-house production of cone paper, a material that significantly influences frequency response. |
| 1953-05 |
The institute was organized Shinano Onkyo Co., Ltd. Trade name, 'Foster' registered. |
| 1959-05 |
Renamed Foster Electric Co., Ltd. |
| 1960-03 |
Akishima factory constructed. |
| 1962-02 |
Started the sales of microphones. |
| 1962-05 |
Company's stock listed on the Tokyo Stock Exchange Market. |
| 1964-04 |
Begin manufacturing headphones. |
| 1965-02 |
Established Foster Electric Co.,(H.K.)Ltd. |
| 1966-04 |
Begin production of audio amplifiers and tuners. |
| 1966-08 |
Mr. H.Shinohara assumed of President. |
| 1969 |
Established Foster Electric Co.,(Taiwan)Ltd. |
| 1969-07 |
The head office moved to Akishima, Tokyo. |
| 1970 |
Automation of Speaker Production |
| 1970-12 |
Established Foster Transportations Ltd. |
| 1972-07 |
Established Foster Electric(Singapore)Pte. Ltd. |
| 1972-10 |
Established Foster Electric(U.S.A), Inc. |
| 1973-10 |
Established Foster Electric(Europe)GmbH in West Germany. |
| 1976-05 |
Established Foster Electronics Ltd. |
| 1979 |
Automated manufacturing equipment began to be introduced into the factory starting in 1979. |
| 1981 |
The turning point came in 1981 with an inquiry from GM (Delco) in the United States for automotive speakers. |
| 1986-11 |
Merged with Tonegen Co., Ltd. Foster Electric Co., Ltd. |
| 1987-09 |
Started manufacturing loudspeakers in U.S.A. |
| 1988-04 |
Established Guangzhou Panyu Jiu Shui Keng Foster Electric Factory. |
| 1989-06 |
40th anniversary of the company's founding. |
| 1991-03 |
Established P.T.Foster Electric Indonesia. |
| 1994-07 |
Mr. M.Takada assumed of President. |
| 1995-10 |
Established holding company in U.S.A. |
| 1997-02 |
Established Detroit Office. |
| 1997-11 |
Established the warehouse in El Paso, U.S.A. |
| 1999-06 |
50th anniversary of the company's founding. |
| 1999-09 |
Transferred to the 1st section from the 2nd section in Tokyo Stock Exchange Market. |
| 2000 |
Strengths of In-House Parts Production |
| 2001-04 |
Established Taipei Office. |
| 2001-04 |
Established Shanghai Office |
| 2001-04 |
Established Chubu Sales Office(Aichi). |
| 2001-10 |
Established Foster Electric Co.,(Guangzhou)Ltd. |
| 2003-04 |
Merged with Fostex Corp. |
| 2005-06 |
Mr. Y.Higashi assumed of President. |
| 2006-01 |
Established Foster Electric (Vietnam)Co., Ltd. |
| 2006-05 |
Established Foster Electric Co., (Changzhou) Ltd. |
| 2006-10 |
Established San Jose Office. |
| 2007-11 |
Established Foster Electric Co., (Nanning) Ltd. |
| 2008-04 |
Established Foster Electric IPO (Thailand) Ltd. |
| 2008-06 |
Established Foster Electric (Da Nang) Co.,Ltd. |
| 2009-03 |
ESTec corporation was added to the consolidated subsidiary. |
| 2009-06 |
Mr.Y.Miyata assumed of President. |
| 2010-01 |
Established Foster Electric Co.,(Heyuan)Ltd. |
| 2010-03 |
Established Foster Electric(Bac Ninh)Co.,Ltd. |
| 2011-03 |
Established Foster Electric Co.,(Chongzuo)Ltd. |
| 2011-12 |
Established Foster Electric Co.,(Gaozhou)Ltd. |
| 2012-07 |
Established Myanmar Foster Electric Co.,Ltd. |
| 2012-11 |
Headquarters moved to 1-1-109, Tsutsujigaoka, Akishima City, Tokyo |
| 2013-02 |
Established Foster Electric (Quang Ngai)Co.,Ltd. |
| 2014-01 |
Took over the micro audio transducer business from Star Micronics. |
| 2014-04 |
Mr.H.Yoshizawa assumed of President. |
| 2014-12 |
Established Foster Electric(Thilawa)Co., Ltd., in Myanmar |
| 2015-08 |
Opened “Anfelit” Fostex showroom. |
| 2017-01 |
Joined “United Nations Global Compact(UNGC)” |
| 2017-10 |
FSK (THAILAND) CO., LTD was added to the consolidated subsidiary. |
| 2018 |
In 2018, revenue declined due to slowing growth in the smartphone market. |
| 2018-05 |
Established Nanjing Office. |
| 2019 |
The following year, revenue continued to fall amid market uncertainty caused by the novel coronavirus and yen depreciation. |
| 2020 |
Overcoming crises through teamwork |
| 2020-06 |
Mr.A.Narikawa assumed of President. |
| 2021-09 |
Established Guangzhou Fourstar Electroacoustic Tech Co.,Ltd. |
| 2021-10 |
Established FOSTER BUSINESS SERVICE LTD. (incorporation-type company split) |
| 2022-04 |
Transferred to the Prime Section in Tokyo Stock Exchange. |
| 2022-12 |
Established FOSTER ELECTRIC (HUNGARY) Kft. |
| 2023-06 |
Mr.K.Kishi assumed of President. |