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Latest Update : Feb.16, 2012

Back to Financial Results (FY3/2012)

Investor Meeting Presentation for 3Q FY 3/2012 and New Medium-term Business Plan held on February 3, 2012

Table of Contents

Assuming that another large-scale earthquake like the one we just experienced won't occur in the next fiscal year ending March 2013, we have set our sales target at 300 billion yen and our operating income target at 23 billion yen. Sales are expected to rebound rapidly in the next fiscal year as the ripple effects from both the Tohoku Earthquake and the Thai floods gradually subside. Earnings for ball bearings and pivot assemblies will steadily increase as we look forward to seeing better earnings from HDD spindle motors as well. LED backlight sales will soar rapidly as mass production for tablet PCs takes off in February, followed by another production boost for a new-model smart phone. The targets mentioned earlier have been set in light of these market developments and our new foreign exchange assumptions.

While the sales target of 320 billion yen and operating income target of 32 billion yen stated in the former Medium-term Business Plan were made against the backdrop of a very different economic environment, we will do our best to come as close as possible to meeting these targets. Future M&As will also likely boost our bottom line.

26page (total 36pages)

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