Presentation Transcripts
Latest Update : May 20, 2010
Back to Financial Results (FY3/2010)
Investor Meeting Presentation for FY 3/2010 held on May 7, 2010
- Cover
- Table of Contents
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales
- Operating Income
- Machined Components Business (1)
- Machined Components Business (2)
- Electronic Devices & Components Business (1)
- Electronic Devices & Components Business (2)
- Net Income
- S.G. & A. Expenses (1)
- S.G. & A. Expenses (2)
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt
- Forecast for Fiscal Year Ending March 31, 2011
- New Business Segments
- Policy and Strategy
- Review of Business Strategy for FY Ended March 2010
- My Mission as CEO
- Major Initiatives for FY3/2010 (1-1)
- Expansion of Motor Business
- Major Initiatives for FY3/2010 (1-2)
- EMT Business Unit launched
- Major Initiatives for FY3/2010 (1-3)
- Major Initiatives for FY3/2010 (2-1)
- EMS Products: Developed "COOL LEAF" Products
- Acquisition of DPM Co., Ltd. (1)
- Acquisition of DPM Co., Ltd. (2)
- Major Initiatives for FY3/2010 (2-2)
- Projected Increase of Hybrid Component Sales
- Major Initiatives for FY3/2010 (2-3)
- Ball Bearing Production Hit Record High Level
- Ball Bearing Business Strategies
- Major Initiatives for FY3/2010 (2-4)
- Increasing Pivot Assembly Production
- Major Initiatives for FY3/2010 (2-5)
- Keyboard Business Completely Turned Around
- Major Initiatives for FY3/2010 (2-6)
- Significantly improved results in Electronic Devices and Component segment
- Downside (1) Failed to Turn Around Spindle Motor Business
- Downside (2) Failed to Turn Around Speaker Business
- Results of Cost Cuts
- Relative Stock Performance Since I Became CEO
- Road Map to Goals for FY Ending March 2011
- Business Strategy (1)
- Machined Components Business (Ball Bearings)
- Machined Components Business (Pivot Assemblies)
- Machined Components Business (Rod Ends)
- Business Strategy (2)
- Rotary Components Business
- Business Strategy (3)
- Electronic Devices & Components Business / Special Devices Business
- Business Strategy (4)
- Making Spindle Motor Business Profitable
- Medium-term Business Plan
- Medium-term Business Plan (Profitability to Recover and Increase)
- Machined Components Business Segment
- Rotary Components Business Segment
- Rotary Components Business Segment (2) (Spindle Motor Business)
- Electronic Devices & Components Business Segment / Special Devices Business Segment
- Ongoing Policy
- Debt Reduction and Strategy for the Future
- Dividend Policy
- Review of Business Strategy for FY Ended March 2010
- Forward-looking Statements
This graph shows net interest-bearing debt each year, which is total interest-bearing debt minus cash and cash equivalents.
Net interest-bearing debt at the end of the fiscal year decreased by 13.1 billion yen below the previous year to 96.9 billion yen. We have successfully reduced net interest-bearing debt below our medium term target of 100 billion yen, due to suppressed capital expenditures and higher net income than we planned, although we implemented the E-ShipR employee shareholding incentive plan and a share buyback.
Although we will continue our efforts in creating cash flows, for the fiscal year ending March 31, 2011, free cash flows are projected to be 1 billion yen, because capital expenditures will increase by approximately 19 billion yen mainly due to capacity expansion plans. At the same time, we will also actively consider new investment opportunities for future growth.
17page (total 67pages)
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