Presentation Transcripts

Let's take a quick look at next fiscal year's five major growth engines.
Firstly, as we touched on with the previous slide, ball bearings will enjoy significant growth.
Secondly, for rod-ends and fasteners, the efforts we've made to improve productivity will pay off and steadily enhance profitability. Additionally, increasing production of small and medium-sized aircraft is driving demand up, so we can expect profits to soar next fiscal year.
Thirdly, we expect to see strong demand for game consoles right from the beginning of next fiscal year and are steadily working to align production capacity with the growing demand.
The fourth engine is smartphone components. Since our ultra-thin LED backlights have been rated quite highly by customers in terms of cost, quality, and supply, we expect demand to remain strong next fiscal year.
We also anticipate that more and more smartphones will be equipped with camera actuators as they become more luxury. On top of that, we will aggressively expand sales targeting the Chinese smartphone market, including the mid-range segment, to achieve further growth.
The final and fifth engine is motors. We project that the motor business will generate over 180 billion yen in sales this fiscal year and that figure will increase next fiscal year. The increase will mainly come from automotive motors. We are planning to launch a number of new products, such as active grill shutter for luxury cars, onto the market next fiscal year and beyond.
The motor business is expected to experience enormous growth over the long run.
As you can see, we have a strong product portfolio that can weather changes in market and customer trends. These products will enable us to sustain healthy growth in the coming fiscal year. Also, we do not see any product category whose profitability will significantly deteriorate.
We will go into more detail about it at this fiscal year's investor meeting to be held in May.