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Latest Update : May 28, 2013
Back to Financial Results (FY3/2013)
Investor Meeting Presentation for FY 3/2013 held on May 9, 2013
We streamlined MMMC operations to cut indirect costs.
Growing sales of high-value added products gave us a bigger share of the HDD spindle motor market while ongoing work to cut depreciation costs should put our monthly performance on the plus side starting in May.
We finished shifting micro actuator production to our Cambodian factory and got the go-ahead for all production lines from our customers. Now, we are working to boost production in Cambodia using the inventory of products we produced in China for the shift in production.
After completing the transfer of DC brush motor mass-production to Cambodia, we eliminated about 800 positions in Malaysia as part of the restructuring plan.
35page (total 47pages)
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