Presentation Transcripts

Latest Update : Nov.19, 2013

Back to Financial Results (FY3/2014)

Investor Meeting Presentation for 2Q FY 3/2014 held on November 1, 2013

In the Electronic Devices and Components business segment, second quarter net sales totaled 60.6 billion yen, up 19.0% from the previous quarter. Operating income was back in the black with a total of 3.4 billion yen after a loss of 0.3 billion yen last quarter. The operating margin also improved by 6.2 percentage points over the previous quarter to reach 5.6%.

Sales of motors increased 10.1% from the previous quarter to total 35.9 billion yen. Buoyed by the global economic recovery, motor sales volumes increased practically across the board. Monthly earnings for motors were back in the black by June due to top line growth and structural reforms implemented in the fourth quarter of last fiscal year. During the quarter, our monthly operating income rose steadily every month and we achieved quarterly profitability for the first time in the last 11 quarters.

Sales of electronic devices rose a whopping 45.7% over the previous quarter to total 20.1 billion yen. The increase was due to shipments of LED backlights for smartphones, which account for almost 90% of all sales. Earnings increased significantly due to higher sales and better factory utilization, making LED backlights another one of our major profit engines.

Net sales of measuring components increased 8.0% over the previous quarter to 2.7 billion yen and pushed profits up.

9page (total 36pages)

Link to Adobe Reader® Download page You need Adobe Reader® to view these documents. Click on Adobe Reader icon on the left to download the software from the Adobe Systems website.

Go back to top of this page

Follow Us

Twitter Youtube