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 previously noted, the problem is our rotary component business.
Now that the earthquake and floods are behind us, and it's highly unlikely we will experience similar disasters this year, we will concentrate on making the motor business profitable. One of the keys to improvement lies in boosting the HDD spindle motor business and leveraging our new Cambodian plant. The transfer of operations to the Cambodian plant has been progressing steadily, and we expect that will be just about completed by the end of this year. The transfer has not been entirely seamless. We experienced a hitch while moving our fan motor production operations to China because we tried to do it too quickly. We are now moving at a more careful pace so we won't make the same mistake again.
We know exactly what we have to do to improve the rotary component business, now we just have to go ahead and do it.
The figures in red on the slide include projected increases from Moatech operations.
32page (total 44pages)
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