Presentation Transcripts
Latest Update : May 28, 2014
Back to Financial Results (FY3/2014)
Investor Meeting Presentation for FY 3/2014 held on May 9, 2014
- 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 1
- Machined Components Business 2
- Electronic Devices & Components Business 1
- Electronic Devices & Components Business 2
- Net Income
- S.G. & A. Expenses
- Inventories
- Capital Expenditure & Depreciation
- Net Interest-Bearing Debt & Net D/E ratio
- FCF & Net Interest-Bearing Debt
- Forecast for Fiscal Year Ending March 31, 2015
- Forecast for Business Segment
- Policy and Strategy
- Forecast for Fiscal Year Ending March 31, 2015
- 10% operating margin is achieved !
- Minebea is entering into a new growth stage
- A new stage beyond global economic growth
- Demand growing for ultra-precision products
- Expected organic growth leads to sales of ¥500 billion !!
- Sell 150 mill. ball bearings externally / month
- Growth of miniature ball bearings for automobiles
- Aircraft components business grows
- Profile of NHBB/myonic BU (including CEROBEAR)
- Rapid sales growth of LED backlights
- Develop and boost sales of new EMS products
- My mission as CEO
- Strategy for 100th anniversary leads to ¥500+ bill. sales
- The Five Arrows : a risk-hedged strategy for 100th Anniversary
- Boost sales of lighting device-related products
- Take Measuring Components BU sales to 20 billion yen
- Financial Strategy
- Improvement of balance sheet
- Dividend and buy-back policies
- M&A and alliance strategies
- Forward-looking Statements
Net income for the fiscal year ended March 31, 2014 jumped to 20.9 billion yen, which is 11.6 times what it was last fiscal year, as operating income increased. Net income per share was 55.9 yen.
Extraordinary gains totaled 1.7 billion yen and extraordinary losses came to 2.9 billion yen. The extraordinary gains included 1.2 billion yen from changing Hysonic to an equity-method affiliate and 0.3 billion yen from the insurance payout for the accidental explosion at our U. S. subsidiary's plant in February. Extraordinary losses included 1.0 billion yen due to an impairment loss for fan motors, 0.7 billion yen in business restructuring losses for inverters and a U.S. subsidiary, etc. and 0.5 billion yen in losses on disaster resulting from the accident at our U.S. subsidiary.
In the fiscal year ending March 2015, we expect to see an increase in net income.
12page (total 42pages)
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