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Latest Update : Aug.5, 2015
Back to Financial Results (FY3/2016)
Investor Conference Call for 1Q FY 3/2016 held on July 31, 2015
First quarter profits were steady and better than initially projected. In light of these results, we have made an upward revision to the forecast for this fiscal year which was announced in May. We did not make any changes to the second half forecast.
This jump will come from increased external shipment volumes of ball bearings; higher LED backlight sales, due to our bigger market share and expansion into the assembly process; better profitability in our motor businesses, with the exception of HDD spindle motors; and steadily rising demand for measuring components. Net sales and profits for this fiscal year are expected to grow for the fourth year in a row and reach new record highs.
12page (total 17pages)
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