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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 have noted several times, the aircraft production that fuels most of the demand for our rod-end business is picking up. According to our estimates, monthly production volume of the Boeing 787 is expected to gradually increase from the current 2.5 to 10 by the end of 2012. Production at Airbus is also gearing up, with the monthly production volume for the A320 is estimated to rise from the current 34 to 40 by early 2012 and from 1.9 to 3.5 by mid 2012 for the A380. The outlook for the aircraft market is looking brighter as all indications point to an upward trajectory for the global economy in the next fiscal year.
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