Presentation Transcripts

Latest Update : Feb.16, 2018

Back to Financial Results (FY3/2018)

Investor Conference Call for 3Q FY 3/2018 held on February 7, 2018

This is a summary of our forecast for the fiscal year ending March 2018.
We expect net sales, operating income, ordinary income, and net income for this fiscal year to exceed previous record highs by a wide margin.
In the fourth quarter of this fiscal year, we expect that strong ongoing demand for ball bearings, our core product line, enhanced production capacity, and other factors will bring revenue and profit up.
In light of these factors as well as short-term demand trends for smartphone related parts etc., inventory adjustment and estimated exchange rates which were adjusted to reflect the current rates, we made upward revisions to our performance forecasts which had been revised in last November.
The net sales forecast was revised from 810 to 850 billion yen,
the operating income forecast was revised from 73.0 to 80.0 billion yen,
the ordinary income from 72.0 to 79.5 billion yen,
and the net income from 57.0 to 62.0 billion yen.

14page (total 22pages)

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