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Latest Update : May 31, 2012
Back to Financial Results (FY3/2012)
Investor Meeting Presentation for FY 3/2012 held on May 10, 2012
While we didn't see ball bearing sales rebound very quickly in the fourth quarter, sales are growing steadily now. Monthly sales for this quarter are expected to hit a record high of 240 million units.
Keeping our prices competitive is tough due to foreign exchange rates, but the good news is that the competition seems to be waning especially in emerging markets. Our priority is to increase production volumes as quickly as possible at the new plant we opened in Bang Pa-In, Thailand last December. We expect that ball bearing sales will continue to grow steadily.
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