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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
As far as our M&A and alliance strategies, while we were preparing for some major M&A deals, the fall of the yen since November 2012 has driven purchase prices up over 20% on a yen basis. In light of this development, we will think twice before entering into any large M&A deals. That doesn't mean we will give up on any large M&A opportunities. We will just be looking carefully for ways to minimize risk and team up with partners.
Our strategy for small to medium M&As is a different story where our acquisition of APB's business assets is an example of how we are stepping up efforts to strengthen the machined components business.
41page (total 47pages)
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