June 18, 2012 LOS AnGeLeS BuSIneSS JOuRnAL 17

executivesummary

THE LISTLARGEST FOREIGN COMPANIES WITH U.S. HEADQUARTERS IN L.A. COUNTYRanked by parent company revenue in 2011

The 20 largest foreign companies headquartered in Los Angeles County represent a wide array of

industries, from manufacturing to gro-ceries to retail property management. however, two of the top three compa-nies are auto manufacturers.

Japanese companies Toyota Motor Corp. and honda Motor Co. both have national headquarters in Torrance. Toy-ota ranks first, based on its $231 billion in worldwide sales last year. honda had revenue of $97 billion.

el Segundo-based Fresh & easy was launched by parent company Tesco PLC in 2008. The large european supermarket operator created the brand to try to break into the U.S. market. It pledged to invest $2 billion to bring stores to the United States, and cur-rently has more than 195 locations in California, Arizona and Nevada. however, the U.S. operations have resulted in losses for the company and some investors have called on the com-pany to sell the Fresh & easy chain. But Tesco believes that the chain can become profitable by next year.

The Business Journal converts revenue to U.S. dollars. As a result, because of changes in currency conver-sion rates, revenue changes on the list do not match the percentage gains or losses that companies report in their currencies.

– David Nusbaum

NExT WEEkThe 25 Largest Retail Centers in L.A. County

ToyoTA Motor Corp. is the largest foreign company with national headquarters in Los

Angeles County. Nearly 30,000 U.S. employees report to the headquarters; they work in design, manufacturing, finance and sales for the Japanese auto manufacturer. Toyota’s annual pur-chasing of parts, materials, and goods and services from U.S. suppliers totals more than $23 billion.

Toyota sells three auto brands in the United States. In addition to its epony-mous brand, it owns Lexus and Scion. Last year, the company sold more than 1.6 million new vehicles in the United States, down 7 percent from 2010. The company suffered from supply prob-lems stemming from the earthquake and tsunami in Japan.

The Toyota Camry has been the best-selling model in the United States among all vehicles. The Toyota Prius, which debuted in 1997, was the best-selling hybrid in the United States.

The company has 10 major manufacturing operations in the United States. Its largest manufacturing plant outside of Japan is in Georgetown, Ky., and has more than 6,000 employees. It builds the Avalon, Camry and Camry hybrid, and the Venza sedan crossover. The facility also builds four- and six-cylinder engines and powertrain parts.

Toyota first established a U.S. presence in 1957 with the opening of a sales office. In 1973, it set up a studio in Newport Beach, becoming the first major auto manufacturer to design cars in Southern California. It launched Lexus as a luxury brand in the United States in 1989.

– David Nusbaum

Lentz

thepacesetterthetrends

-200

-100

0

100

200

300

400

500

600

6,109

3,503

2,027

1,959

1,647

Source: Business Journal research

Globe TrotsOrigins of the largest U.S. headquarters of foreign firms in L.A.

Japan

China/Taiwan

Switzerland

South Korea

Australia

Austria

Singapore

UK

0 2 4 6 8 10 12

(in thousands)

Business TypesForeign companies on the list provide a wide array of products and services.

Food/Beverages

Electronics

Airlines

Auto

Consumer Products

Pharmaceuticals

Manufacturing

Banking

0 1 2 3 4 5 6 7 8

Booked UpHotel occupancy rates by month for L.A. County in 2011.

Source: Los Angeles Convention and Visitors Bureau

0

20

40

60

80

100

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec

Overnight CostsAverage daily room rates by month for L.A. County hotels in 2011.

0

30

60

90

120

150

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec

Construction ZoneThe number of new homes and condos sold in L.A. County.

Source: Hanley Wood LLC

0

2,000

4,000

6,000

8,000

10,000

12,000

2001 2002 2003 2004 2005 2006 2007 2008 2009

Price PointsThe number of new homes sold in L.A. County during 2009 by price.

(in thousands)

0

300

600

900

1,200

1,500

0-$300 300-400 400-500 500-600 600-700 700-1000 1000+

Rank Company¥ name

¥ address

¥ website

Parent Company Revenue1

¥ 2011

¥ 2010

Description of Operations Parent Company Location¥ city

¥ country

Top Local Executive¥ name

¥ title

¥ phone

1Toyota Motor Sales U.S.A. Inc.19001 S. Western Ave.Torrance 90509toyota.com

$230.5$235.0

auto manufacturer Toyota Motor Corp. Toyota CityJapan

Jim Lentzceo, president(310) 468-4000

2Fresh & Easy2120 Park Place, Suite 200El Segundo 90245freshandeasy.com

99.499.1

grocery stores Tesco plc CheshuntEngland

Tim Masonceo(310) 341-1200

3American Honda Motor Co. Inc.1919 Torrance Blvd.Torrance 90501honda.com

96.7107.5

manufacturer of automobiles and light trucks,motorcycles, light business jets, marineengines, power equipment

Honda Motor Co.Ltd.

TokyoJapan

Tetsuo Iwamuraceo, president(310) 781-5542

4Nestle U.S.A. Inc.800 N. Brand Blvd.Glendale 91203nestleusa.com

86.0105.0

food manufacturer NestlŽ S.A. VeveySwitzerland

Brad Alfordchairman, ceo(818) 549-6000

5Kirin Brewery of America LLC970 W. 190th St., Suite 890Torrance 90404kirin.com

22.522.5

beer importer Kirin Holdings Co.Ltd.

TokyoJapan

Randy Higapresident(310) 354-2400

6Asahi Beer U.S.A. Inc.20000 Mariner Ave., Suite 300Torrance 90503asahibeerusa.com

18.618.2

beer importer Asahi Breweries Ltd. TokyoJapan

Takaharu Tsuzukipresident(310) 214-9051

7Nippon Steel Trading America Inc.725 S. Figueroa St., Suite 1860Los Angeles 90017N/A

13.811.3

wholesale trade in steel products includingbars, sheets and plates; sale of fuels

Nippon SteelTrading Co. Ltd.

TokyoJapan

Yosuke Harapresident(213) 485-9072

8Epson America Inc.3840 Kilroy Airport WayLong Beach 90806epson.com

10.711.7

digital imaging Seiko Epson Corp. NaganoJapan

John Langceo, president(562) 981-3840

9Korean Air1813 Wilshire Blvd., Fourth FloorLos Angeles 90057koreanair.com

8.18.1

Korean Air is a commercial airline and cargocarrier; parent company Hanjin is a logisticsand transportation conglomerate

Hanjin Group SeoulSouth Korea

J.K. Leemanaging director(310) 417-5200

10BYD Ltd. Corp.1800 Figueroa St.Los Angeles 90015byd.com

7.37.2

electric auto manufacturer BYD Co. Ltd. Pingshan, ShenzhenChina

Stella Lisr. vice president(213) 748-3980

1 In billions.N/A - Not Available Note: Companies are ranked by 2011 parent company revenue. 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 ofthe 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 Angeles90036. ©2012 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior writtenpermission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.

Researched by David Nusbaum

Please see Page 18

18 LOS ANGELES BUSINESS JOURNAL THE LIST JUNE 18, 2012

PRESENTING SPONSOR: GOLD SPONSOR:

Wells Fargo

To nominate someone for this event please visit www.labusinessjournal.com/bizevents, or contact Marissa De La Cruz at 323.549.5225 ext. 213 or mdelacruz@labusinessjournal.com

The Los Angeles Business Journal is proud to announce the 2012 Asian Business Awards. We are seeking businesses within the Asian American business community who are setting the example for excellence throughout Greater Los Angeles. The 2012 nominees and winners will be revealed at an exciting awards luncheon and published within the Los Angeles Business Journal in July!

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Rank Company¥ name

¥ address

¥ website

Parent Company Revenue1

¥ 2011

¥ 2010

Description of Operations Parent Company Location¥ city

¥ country

Top Local Executive¥ name

¥ title

¥ phone

11DBS Bank Ltd. Los Angeles Agency725 S. Figueroa St., Suite 2000Los Angeles 90017dbs.com

$6.0$5.5

financial services DBS Group HoldingsLtd.

SingaporeSingapore

James McWaltersgeneral manager(213) 627-0222

12Pioneer North America2265 E. 220th St.Long Beach 90810pioneerelectronics.com

5.55.7

sales and marketing of consumer electronics,including high performance home audio,video and computer equipment for use inhome, car and business environments

Pioneer Corp. TokyoJapan

Satoshi Ohdatechairman, ceo(310) 952-2000

13Red Bull North America Inc.1740 Stewart St.Santa Monica 90404redbullusa.com

5.35.1

beverage manufacturer and distributor Red Bull GmbH FuschiAustria

Stefan Kozakceo(310) 393-4647

14Nissin Foods U.S.A. Co. Inc.2001 W. Rosecrans Ave.Gardena 90249nissinfoods.com

4.84.8

food manufacturer Nissin FoodsHoldings Co. Ltd.

OsakaJapan

Ken Sasaharapresident(323) 321-6453

15China Airlines200 N. Continental Blvd.El Segundo 90245china-airlines.com

4.44.8

commercial airline China Airlines Ltd. TaipeiTaiwan

Zhihang Chiv.p., general manager(800) 227-5118

16Kenwood USA Corp.2201 E. Dominguez St.Long Beach 90810kenwoodusa.com

4.14.1

home and car electronics manufacturer JVC Kenwood Corp. HachiojiJapan

Ryo Mizuharapresident(310) 639-9000

17Westfield LLC11601 Wilshire Blvd., 11th FloorLos Angeles 90025westfield.com

4.03.7

retail property group Westfield Group SydneyAustralia

Peter S. Lowyceo(310) 478-4456

18Yakult USA3625 Del Amo Blvd., Suite 260Torrance 90503yakultusa.com

4.03.8

probiotic beverage manufacturer Yakult Honsha Co.Ltd

TokyoJapan

Michio Shimizuceo, president(310) 542-7065

19Taisho Pharmaceutical California Inc.3878 Carson St., Suite 216Torrance 90503taisho.co.jp/en

3.43.2

pharmaceutical sales TaishoPharmaceutical Co.Ltd.

TokyoJapan

Jun Kurodapresident(310) 543-2035

20NMB (USA) Inc.9730 Independence Ave.Chatsworth 91311nmbusa.com

3.23.1

ball bearing manufacturer Minebea Co. Ltd. TokyoJapan

Gary Yomantaspresident(818) 709-1770

1 In billions.N/A - Not Available Note: Companies are ranked by 2011 parent company revenue. 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 ofthe 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 Angeles90036. ©2012 Los Angeles Business Journal. This list may not be reprinted in whole or in part without prior writtenpermission from the editor. Reprints are available from the YGS Group, (800) 290-5460 ext. 100.

Researched by David Nusbaum

Continued from page 17