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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
We revised the forecast for this fiscal year downward reflecting the underperformance in the third quarter results. We expect both net sales and net income to surpass last year's record highs.
The Machined Components business has been generating profits at the highest level ever, driven by robust sales of ball bearings. In addition, the Electronic Devices and Components business has also established firm profitability in motor and measuring components. We will make every effort to ramp up LED backlight production early and quickly for the next model so that we can secure steady profits as planned from the business as well next fiscal year.
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