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Latest Update : June 5, 2024

Back to Financial Results (FY3/2024)

Investor Meeting Presentation for FY 3/2024 held on May 10, 2024

Table of Contents

This slide shows the quarterly trends.

Fourth quarter net sales increased 7.7% quarter on quarter to total 58.1 billion yen. Sales of ball bearings increased 2.9% quarter on quarter to total 39.2 billion yen. The monthly external shipment volume was down 4.1% quarter on quarter for an average of 210 million units. This was due to slowdown in the market, mainly for data centers although the market recovery and content growth trend for automotive remained unchanged. Sales of rod-ends and fasteners, totaling 13.9 billion yen, were up 21.1% over the previous quarter. Sales of PMC increased 14.9% quarter on quarter to total 5.0 billion yen.

Operating income for the quarter totaled 11.0 billion yen, and the operating margin was 18.9%. On a quarter on quarter basis, operating income increased 12.2% and the operating margin rose 0.7 percentage points.

Looking at the results by product quarter on quarter, we see that operating income for all ball bearing, rod-ends and fasteners and PMC increased.

10page (total 58pages)

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