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

Table of Contents

We saw demand for LED backlights spiral downward in the months of January through March. While we had expected in the beginning of the last fiscal year that sales might exceed our 50 billion yen target and reach 60 billion yen, production of LED backlights for tablet PCs had been rocky from the beginning of the fiscal year on top of various problems our customers were facing.
Although we were unable to reach our target last fiscal year, we will work to expand our customer base this fiscal year instead of relying on just one big customer. To start off, we have secured orders from Chinese smartphone manufacturers for LED backlights for their 27 smartphone models. The smartphone market exhibits tremendous growth potential with current annual sales of 720 million units expected to jump to 1.5 billion units in 2017.
We are working on the strategies shown in the slide with an eye to making LED backlights one of our core products that will be a source of steady profits. As we announced at 5:00 p.m. today, we will form a capital and business alliance with the Korean firm, KJP. This will enable us to deal with sharply fluctuating demand in the market by outsourcing production.
Shipment of LED backlights for several tablet PC models will start in October this year, enabling us to better weather the seasonal demand fluctuations we always experience in October, November and onward.
We are determined to achieve our target for increased revenue and profit this fiscal year.

29page (total 47pages)

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