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Latest Update : Nov.19, 2010
Back to Financial Results (FY3/2011)
Investor Meeting Presentation for 2Q FY 3/2011 held on November 2, 2010
As I've mentioned earlier, the ball bearing business has been extremely upbeat. We expect that the business will continue to remain healthy as we move ahead with our new initiative at the end of this year to enter the Chinese market for low-priced, mass-produced ball bearings with products made in-house using Chinese-made materials and production equipment.
I recently travelled to India and China where I witnessed the rapid growth of these emerging markets first-hand and am sure that demand for ball bearings will also continue to grow.
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