Presentation Transcripts
Latest Update : May 28, 2013
Back to Financial Results (FY3/2013)
Investor Meeting Presentation for FY 3/2013 held on May 9, 2013
- Cover
- Table of contents
- Financial Results
- Summary of Consolidated Business Results
- Summary of Consolidated Business Results for 4Q
- Net Sales
- Operating Income
- Machined Components Business
- Rotary Components Business
- Electronic Devices & Components Business
- Other Business
- Net Income
- S.G. & A. Expenses
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt
- Forecast for Fiscal Year Ending March 31, 2014
- New Business Segments
- Policy and Strategy
- Forward-looking Statements
Net income for the fiscal year ended March 31, 2013 decreased by 69.5% from the previous fiscal year to total 1.8 billion yen with net income per share totaling 4.8 yen.
This drop was caused by extraordinary gains totaling 7.1 billion yen and extraordinary losses coming to 9.9 billion yen. The extraordinary gains included 4.3 billion yen from the sale of the Omori factory property and 2.6 billion yen from the insurance payout for the Thai floods. Extraordinary losses included 2.6 billion yen for business restructuring, 1.9 billion yen impairment losses, a 2.0 billion yen loss on disaster resulting from the Thai floods that temporarily impacted our operations there, and a 1.6 billion yen loss from the discontinuation of a retirement benefit plan at our U.S. subsidiary.
You can see from the slide that we expect to see a jump in net income during the fiscal year ending March 31, 2014. This increase is projected in light of the anticipated payoff from our restructuring efforts, etc. and the absence of any large extraordinary gains and losses.
12page (total 47pages)
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