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
In regard to QCDESS, at the financial results briefing in May of this year, we announced that we will be seriously working toward solving social issues as a parts manufacturer, and we have repeatedly said this to our employees.
As shown in the two examples provided, we have to start working on carbon neutrality first. We recently set a target of reducing total CO2 emissions by 30% by fiscal 2030. We also believe that MMI Beyond Zero is very important. This involves us contributing to the global decarbonization initiative through our products. Specifically, by increasing the precision of our products, we will contribute to reduction of CO2 emissions by our customers and their customers by reducing the power consumption of products that use our products. By fiscal 2030, we aim to increase the amount of this contribution by 30%.
Our team, led by the new Chief Green Officer (CGO), is looking into various things. I believe that what we must take most seriously as a public institution is not simply increasing our profits but rather solving social issues as a parts manufacturer. And I am confident that this can be achieved by making our signature ultra-precision parts even more precise.
25page (total 38pages)
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