Presentation Transcripts

Latest Update : Aug.8, 2017

Back to Financial Results (FY3/2018)

Investor Conference Call for 1Q FY 3/2018 held on August 4, 2017

Moving on to the Mitsumi business, we saw operating income for the first quarter outperform our initial projection and increase quarter on quarter. The factors behind this increase that were responsible for driving Mitsumi business profits up included the better-than-expected demand for camera actuators and new game consoles, which we categorized as sub-core business at the investors meeting in May. In addition, we saw significantly improved profitability for sensors, connectors/switches, power supplies, wireless products, and analog semiconductors, which are the core business and make up the "Seven Spears of MinebeaMitsumi".
The Mitsumi business will ride the current market wave as it buoys shipment volumes of camera actuators and new game consoles in the second quarter. We will continue to work on improving productivity for other operations as well as ensuring a steady stream of revenue for the Mitsumi Business.
We are in good shape strengthening the core business while generating cash from sub-core business.

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