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Latest Update : Feb.22, 2024

Back to Financial Results (FY3/2024)

Investor Conference Call for 3Q FY 3/2024 held on February 2, 2024

What we would like to emphasize here is that there has been no change at all in the competitive environment. Rather, we are working to adjust the prices for motors and other products, and have completed recovering the business costs. I think it is certain that once the volumes return, they will contribute to profits.

If the bearings recover to another level, we will reach a level where all but material costs will be profitable. In addition, we are working hard to improve productivity and are seeing an improvement of about 10%. As of now, we focus on what needs to be done now and wait for the recovery mainly in data centers.

16page (total 35pages)

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