Presentation Transcripts
Latest Update : June 5, 2024
Back to Financial Results (FY3/2024)
Investor Meeting Presentation for FY 3/2024 held on May 10, 2024
- Cover
- Today's Agenda
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales, Operating Income / Margin Year
- Net Sales, Operating Income / Margin Quarter
- 4Q Actual: Differences from the Forecast as of February
- Precision Technologies (PT) Year
- Precision Technologies (PT) Quarter
- Motor, Lighting & Sensing (MLS) Year
- Motor, Lighting & Sensing (MLS) Quarter
- Semiconductors & Electronics (SE) Year
- Semiconductors & Electronics (SE) Quarter
- Access Solutions (AS) Year
- Access Solutions (AS) Quarter
- Profit Attributable to Owners of the Parent / EPS Year
- Profit Attributable to Owners of the Parent / EPS Quarter
- Inventory
- Net Interest-bearing Debt / Free Cash Flow
- Forecast
- Forecast for Business Segment
- Management Policy & Business Strategy
- Summary of FY3/24
- Key Points of FY3/25 Forecast (1)
- Key Points of FY3/25 Forecast (2)
- Long-term Trend of Sales and OP
- Mid-term Business Plan
- Precision Technologies (PT) Targets
- Ball Bearing Business Situation
- Actions to Strengthen PT Business through M&A
- Motor, Lighting & Sensing (MLS) Targets
- Growth Potential of Motor Business
- Semiconductors & Electronics (SE) Targets
- Growth Potential of Power Semiconductor Business (1)
- Growth Potential of Power Semiconductor Business (2)
- Access Solutions (AS) Targets
- Create value and introduce new INTEGRATION products through aggressive activities (1)
- Create value and introduce new INTEGRATION products through aggressive activities (2)
- New Plant (Second Plant in Cambodia) to be Established
- Accelerating Carbon Neutral
- Dividends
- Forward-looking Statements
- Reference
Download
We have set our operating income target at 100 billion yen for the fiscal year ending March 31, 2025. Actually, we were not sure whether to set it at 103 billion yen or 105 billion yen until the very end, and we hope that you will take the 100 billion yen as a conservative image.
The exchange rate is now assumed to be 140 yen to the U.S. dollar, and the product mix is also changing.
In addition, according to the report just before this investor meeting the consolidated total operating income for April was approximately 7 billion yen, significantly exceeding the forecast of 4 billion yen. Precision Technologies (PT) also reported an operating income of 4.4 billion yen in April, showing a considerable recovery in aircraft and some high-end bearings.
I am a little relieved that the start was much better than expected.
Regarding personnel, various manpower-saving measures were implemented in addition to the automation projects. As a result, comparing March 31, 2023 (fiscal year ended March 31, 2023) to March 31, 2024 (fiscal year ended March 31, 2024), we have reduced our workforce by 8,173 positions, including permanent employees and temporary and part-time workers. This year, we are targeting a further reduction of 5,000 positions, which we hope will be another earnings driver.
Previous
25page (total 58pages)
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.
