Presentation Transcripts
Latest Update : Nov.30, 2021
Back to Financial Results (FY3/2022)
Investor Meeting Presentation for 2Q of FY3/2022 held on November 5, 2021
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results for 2Q
- Summary of Consolidated Business Results for 1H
- Net Sales, Operating Income/margin
- 2Q Actual: Differences from the Forecast as of August
- Machined Components
- Electronic Devices & Components
- Mitsumi Business
- U-Shin Business
- Profit attributable to owners of the parent / EPS
- Inventory
- Net interest-bearing debt / Free cash flow
- Forecast for Fiscal Year Ending March 31, 2022
- Forecast for Business Segment
- Business Update & Management Strategy
- FY3/22 Forecast Highlights (Revised upward)
- Machined Components (Prepare for giant leap)
- Electronic Devices and Components (Expand motors)
- Mitsumi Business (Aim at record high OP)
- U-Shin Business (Wait for the recovery of auto production)
- Estimate for next fiscal year (Aim ¥100bn OP)
- Key businesses driving mid-to long-term growth (Beyond 1,000)
- QCDESS and Environmental Load Reduction Activities
- (1) Toward carbon neutrality
- (2) Toward Realizing "MMI Beyond Zero"
- (2) Effort for "MMI Beyond Zero"
- Dividends
- Forward-looking Statements
- Reference
Download
As for what things will look like beyond operating income of 100.0 billion yen, we are calling it "Beyond 100.0 billion," playing on the term "Beyond Zero," which will be explained later. Bearing production will increase 40 million units per month. Aircraft components will bounce back to pre-COVID-19 levels. Our track record shows that motors will expand steadily. Analog semiconductors will gradually fill up space at the Shiga Plant, and with the 10.0 billion yen investment, we will add 25.0 billion yen in sales to start. Deliveries to existing customers will continue to increase in the OIS business, and we will start delivering to other customers as well. Other businesses will add 10.0 billion yen, but first, the U-Shin business will become a profit base. Resonant devices, sensing devices, connectors, and power supplies, which are still behind among the eight spears, will also grow.
If we achieve 90.0 billion yen this year, then personally, I would like to tack on another 50.0 billion yen by the fiscal year ending March 2025, but conservatively, we believe we are estimating it at an additional 40.0 billion yen. At the financial results briefing in May of this year, the plan was 115.0 billion yen for the fiscal year ending March 2024, but based on the current situation with analog semiconductors and the exchange rate, I think it's certain that we will surpass that.
Previous
24page (total 38pages)
You need Adobe Reader® to view these documents. Click on Adobe Reader icon on the left to download the software from the Adobe Systems website.
It ends about main text.
