Ferrari has announced that it has established Ferrari Japan KK, which will import the brand into the land of the rising sun.
In 2007, Ferrari shipped 376 cars to Japan, a 38.7 percent increase over 2006. Japan accounts for 5.8 percent of Ferraris shipped worldwide. The wholly-owned subsidiary, in partnership with Cornes & Company Ltd – who also sells Maserati, Bentley, and Rolls-Royce – Is the first in the Asia Pacific area, as it has a subsidiary in Asia via China. Ferrari will open Ferrari Japan KK on July 1 of this year.