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

Let's take a look at these four areas.
Our ball bearing business is doing very well. I mentioned earlier that external shipment volume reached 143 million units in September. Sales remained robust in October as well. Although production was halted throughout China for a full week in October for the country's National Day celebrations, sales for the month were actually comparable to or higher than what they were for September.
Our share of the global market for thin LED backlights used for high-end smartphone models reached 70%.
It's no longer just a few existing major manufacturers that are focusing on high-end smartphone models. Chinese manufacturers have jumped on the bandwagon and are fueling demand for high-end parts. That's why Japanese smartphone parts makers are enjoying a booming business.
While demand dropped off for our motor business last fiscal year, we were able to bring performance up via a number of measures that we implemented.
It's been a year and a half since the Cambodian plant opened and the plant is now producing LED backlights, hybrid components, and motors. Operations at the plant finally made profits in July.

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