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Latest Update : Nov.19, 2013
Back to Financial Results (FY3/2014)
Investor Meeting Presentation for 2Q FY 3/2014 held on November 1, 2013
Back in May I said that Minebea would focus on machined components, and since then we have acquired two companies.
One is APB, a manufacturer of bearings for machine tools. Another is CEROBEAR, a ceramic ball bearing manufacturer. We expect these two companies to generate substantial synergy. The future for ceramic bearings looks bright since they are a likely solution for reducing aircraft engine weight and we look forward to working with customers on developing new products. Strengthening the machined components business is our primary focus now.
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