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Latest Update : Nov.21, 2016
Back to Financial Results (FY3/2017)
Investor Meeting Presentation for 2Q FY 3/2017 held on November 2, 2016
As far as sensing devices go, Sartorius MT&H, a German company we recently acquired, failed to reach the target set for the fiscal first half. One reason for that, besides sluggish capital expenditures in Europe due to the impact of Brexit and others, is that we incurred temporary expenses for the ongoing integration of operating sites for two French companies we acquired this spring. Minebea's Sensing Device business unit (formerly the Measuring Components business unit) also failed to achieve its target due to a later-than-expected decision on the part of one customer to use our components in its new product. These drawbacks are just temporary and not a major concern.
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