Presentation Transcripts

Latest Update : May 25, 2015

Back to Financial Results (FY3/2015)

Investor Meeting Presentation for FY 3/2015 held on May 8, 2015

That's why I made the internal announcement about our Five Arrows for new products. Although I cannot tell you everything about these products due to confidentiality agreements, I'll explain as much as possible. The Wavy Nozzle is our original product employing an array of Minebea technologies. It removes machine dust and chips while spraying oil onto a machined surface. Then there's the J3DD head-up display, which is a concave mirror made via the pressing process. We will focus on launching new products like these that integrate our basic technologies or assembly capabilities. Selling products priced at 50 or 60 yen per unit will not dramatically boost overall sales even if we sold a million of them. We must increase sales in even bigger increments if we hope to absorb the fixed costs incurred in other operations. In fact, the healthy bottom line we enjoy today is due in no small way to LED backlight sales which have grown by leaps and bounds. They have diminished fixed costs incurred in other operations, including my salary, and broadened our competitive edge. This sales growth is exactly what is enabling us to stay ahead of the pack.

28page (total 48pages)

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