Presentation Transcripts

Latest Update : Mar.2, 2017

Back to Financial Results (FY3/2017)

Investor Conference Call for 3Q FY 3/2017 held on February 13, 2017

We decided the investment to expand ball bearing production capacity.
As shown in the chart, demands for external ball bearing shipment has been quite strong. On top of that, internal sales of ball bearings, mostly for pivot assemblies, recovered more than we expected. Consequently, inventory of ball bearings has been below optimal level.
So we decided 8.0 billion yen investment, originally planned in the next fiscal year, aiming at expanding ball bearing production capacity from current 255 million units per month to target 280 million units.
This investment includes installment of new production lines as well as investment aiming at de-bottlenecking the existing lines and improving productivity.

15page (total 27pages)

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