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Latest Update : Feb.18, 2016
Back to Financial Results (FY3/2016)
Investor Conference Call for 3Q FY 3/2016 held on February 3, 2016
Operating income was down 19% from the same period last year, and up 4% from the last quarter to 15.5 billion yen. The operating margin stood at 8.7%, which was 0.2 percentage points lower than the previous quarter.
The Machined Components business achieved the highest quarterly profit ever, and the Electronic Devices and Components business steadily secured profit in the motor and measuring components businesses. However, Minebea's entire operating income decreased from the same period last year, and also missed the target. This is mostly because, in LED backlight business, the gap between leading customers' initial forecasts and the actual shipment volume was larger than expected.
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