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
In order to survive in the extremely competitive keyboard market, we teamed up with Dr. Kazuo Kawasaki from Osaka University to jointly develop the Cool Leaf line of higher added value products. The line includes innovative input devices that combine lighting devices, keyboards, wireless technology, and measuring components. We plan to incorporate vibration motors in the products as well sometime in the future and are looking forward to seeing a gradual growth in sales during the second half of this fiscal year.
We demonstrated these products to a manufacturer of residential bath and kitchen fixtures who was so impressed that they will be incorporating it into a product to be showcased at its showroom recently opened near the Shanghai Expo site.
It's a product that is designed to enhance the quality of our lives. You wake up in the morning, stand in front of the bathroom mirror and then all of a sudden buttons appear on the mirror surface. With a simple touch of these buttons you can turn on the radio, air conditioner and more. The minute you walk away, it becomes an ordinary mirror. It can also be used as a remote control panel for your jet spray toilet seat. Serving double duty as a mirror and control panel, buttons will automatically appear on the mirror surface whenever the toilet is in use. We have high hopes for these high value added next-generation smart controllers.
Unfortunately, the keyboard products still require further technical development. We are currently working to overcome the hurdles we now face and are looking to begin marketing Cool Leaf keyboards by the fall. Our vision is to move one step ahead of the conventional keyboard business and take the market by total surprise with the next generation of input devices. We are committed to making this business a success and have a dedicated group of bright young employees who are driving the project forward. I firmly believe it's just a matter of time before it really takes off the ground.
29page (total 67pages)
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