Presentation Transcripts

Latest Update : Mar.9, 2023

Back to Financial Results (FY3/2023)

Investor Conference Call for 3Q FY 3/2023 held on February 3, 2023

Table of Contents

Here shows the difference between the forecast as of November and actual results for net sales and operating income by business segment for the third quarter.

Net sales for the machined components business were generally on track with the forecast thanks to soaring sales in the aircraft market although bearing sales were lower than expected.
The electronic devices and components business experienced lower-than-expected sales due mainly to the slowdown in HDD motor sales.
The MITSUMI business enjoyed higher-than-projected sales, mainly for mechanical components.
U-Shin sales were higher than projected, mainly for automobile applications.

Operating income for the machined components business was lower than expected due to a slight decline in profitability resulting from production adjustments for bearings.
The electronic devices and components business saw operating income fall slightly below our forecast due to a drop in sales.
Operating income for the MITSUMI business was almost on a par with our forecast.
U-Shin's operating income was marginally lower than our forecast.

4page (total 30pages)

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.