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
This is a picture of the combined contribution of carbon neutral and Beyond Zero efforts. Shown in red are our CO2 emissions, which in fiscal 2020 were around 850,000 tons. Shown in blue is the contribution to reducing CO2 emissions through our products (Beyond Zero). This is how much the current products are contributing to energy savings compared to older products. In fiscal 2020, the contribution was a 1.75 million ton reduction. The total amount of roughly 900,000 tons is the net contribution to reduction. In this way, we will contribute to global carbon neutrality by expanding the amount of our contribution to reducing CO2 emissions through our products (Beyond Zero) in excess of our own emissions. What I want to emphasize in particular is that our products will further penetrate all energy-saving products. Internally, we are saying that we want to become a parts manufacturer whose products are essential for achieving decarbonization. It is said that half of the power consumed globally is for motors, so leveraging our ultra-precision machining technology from ball bearings to analog semiconductors will be beneficial to society.
27page (total 38pages)
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