Presentation Transcripts
Latest Update : Nov.19, 2010
Back to Financial Results (FY3/2011)
Investor Meeting Presentation for 2Q FY 3/2011 held on November 2, 2010
- Cover
- Table of Contents
- Financial Results
- Summary of Consolidated Business Results for 1H
- Summary of Consolidated Business Results for 2Q
- Net Sales
- Operating Income
- Machined Components Business
- Rotary Components Business
- Electronic Devices & Components Business
- Other Business
- Net Income
- S.G. & A. Expenses
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt
- Forecast for Fiscal Year Ending March 31, 2011
- Policy and Strategy
- Review of Business Strategy for the First Half of FY Ending March 2011
- First Half Results Beat Initial Projection
- Ball Bearing Operations at Full Capacity
- Ball Bearings Strategies for Chinese Market to Be Resumed
- LED Backlight Business
- Brushless DC Motor Business
- Profitability improvements in Keyboard/Speaker Businesses
- Quickly boost sales of EMS products
- Examples of Hybrid Products
- COOL LEAF Finally Makes Market Debut !!
- HDD Market Trend
- Profitability improvements in Spindle Motor Business
- Pivot Assemblies
- Sluggishness in Some Motor Products
- Relative Stock Performance
- Medium-term Business Plan Progress (Toward FY Ending March 2012)
- No Change in Targets
- Ball Bearing Business Remains Steady
- Rod-end Production to Exceed Past High
- LED Backlight Operations to Expand Further
- Overhauling Profit Structure of the Rotary Components Business
- Quantity as Benchmark for Rotary Components (1)
- Quantity as Benchmark for Rotary Components (2)
- Information Motor Business to Expand
- Considering expansion into Cambodia (1)
- Considering expansion into Cambodia (2)
- Goals Set for FY Ending March 2012 within Reach
- Financial Strategies
- Review of Business Strategy for the First Half of FY Ending March 2011
- Forward-looking Statements
The fourth highlight of the first fiscal half was improved profitability in the keyboard and speaker businesses.
I told you at the investor meeting held six months ago that the keyboard business was returning to profitability. The business generated profits in the fourth quarter of the last fiscal year as well as the first and second quarters of this fiscal year. While the keyboard business had suffered losses over a sustained period, we can now capitalize on its profitability to further expand our lines of high value-added products.
After beginning delivery of extremely thin, high power micro speakers for use in televisions, the speaker business became almost breakeven in September. We expect the sales volume for these high power micro speakers will continue to climb next year.
25page (total 48pages)
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