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Latest Update : Aug.23, 2021

Back to Financial Results (FY3/2022)

Investor Conference Call for 1Q FY 3/2022 held on August 4, 2021

Table of Contents

This slide is from the third quarter investor meeting held this past February. It shows an estimated breakdown of our 100-billion-yen operating income. The numbers on the bottom right are from the May 2017 investor meeting, which I explained changed with the two-year delay.
Some of you may remember that I mentioned during the investor meeting held in May 2020 that we had the capability to generate 81 billion yen in operating income. Now that the market has finally been recovering with foreign exchange rates returning to what they were, we are ready to show you this capability. The major difference between then and now is that, in the first place, our semiconductor business is much bigger. While two years ago, we were aiming to generate 10 billion yen annually in operating income, we are now very likely to achieve that figure in six months. Bearings and motors, which are among the dramatically growing core businesses under the Eight Spears strategy, are bringing profits up.
If this momentum continues, we should be able to say that we have paved the way to generating 100 billion yen in operating income. The machined components segment should be able to generate 50 billion yen or more once the aircraft-related business bounces back. While it may be difficult for U-Shin to generate 10 billion yen, the electronic devices and components business along with the Mitsumi business segments combined should be ready to generate over 60 billion yen.

25page (total 34pages)

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