Presentation Transcripts
Latest Update : May 31, 2012
Back to Financial Results (FY3/2012)
Investor Meeting Presentation for FY 3/2012 held on May 10, 2012
- 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 Yearly
- Machined Components Business Quarterly
- Rotary Components Business Yearly
- Rotary Components Business Quarterly
- Electronic Devices & Components Business Yearly
- Electronic Devices & Components Business Quarterly
- Other Business Yearly
- Other Business Quarterly
- Net Sales
- S.G. & A. Expenses
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt
- Forecast for Fiscal Year Ending March 31, 2013
- Forecast for Business Segment
- Policy and Strategy
- Business Environment
- Relative Stock Performance
- New Medium-term Business Plan Strategy
- New Medium-term Plan Revised Targets (FY3/13-FY3/15)
- Machined Components Business
- Rapid Increase in Pivot Assembly Market Share
- Boost Ball Bearing Sales
- Orders for Aircraft Bearings Soar
- Rotary Component Business
- Boost HDD Spindle Motor Profitability
- Profit Improvements in Rotary Components
- Aggressively Expand Cambodian Plant
- Agreement to Acquire 50.8% Stake in Moatech Shares
- Electronic Devices & Components Business, Other
- New Product Development (LED Lighting)
- Accelerate growth through M&As in Machined Components Business
- Implementing 2nd Incentive Plan
- Capital Expenditure Plan
- Net Interest-bearing Debts Plan
- Dividend Policy
- Forward-looking Statements
As I mentioned, we decided to revive the E-Ship® incentive plan.
While the first E-Ship® was introduced with a trust period of 5 years and 2 months, it ended in just 2 years and 6 months. That end came much earlier than we had initially expected because so many employees participated. We acquired shares worth 920 million yen in total.
This time we are aiming for an even larger figure, with the maximum aggregate amount of acquisition set at 2.17 billion yen with a trust period of 5 years. We are not sure how many shares will be acquired with this amount, but it will probably reach somewhere around 6 million. A couple of the reasons we decided to implement this incentive plan a second time around was to enhance employee benefits and make employees feel that they are "riding in the same boat" with management and shareholders.
40page (total 44pages)
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