Presentation Transcripts

Latest Update : May 26, 2009

Back to Financial Results (FY3/2009)

Investor Meeting Presentation for FY 3/2009 held on May 8, 2009

We have steadily decreased the SG&A expenses to sales ratio, and have maintained its level in recent years through various cost reduction measures. In the fiscal year ended March 2009, however, the SG&A expenses to sales ratio rose to 17.8% due to a drastic decline in sales, despite a 4.4 billion yen reduction in SG&A expenses.
For the fiscal year ending March 31, 2010, we expect an 8 to 12% reduction in the SG&A expenses, through reduction in sales related costs as well as extreme cost reduction measures.

11page (total 44pages)

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