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
These are the targets set in our new medium-term business plan. We expect organic growth in the next three years will lead to sales of 500 billion yen by the end of the fiscal year ending March 2017.
This fiscal year ending March 2015, sales are expected to reach 400 billion yen and operating income 100 million yen a day, to total 36.5 billion yen. Market conditions are really good now.
The factors that will drive sales up to 500 billion yen in the fiscal year ending March 2017 include our growing ball bearing, aircraft parts, LED backlight, and hybrid component businesses, which are all indicated in red on the slide. I will talk about these four businesses first.
26page (total 42pages)
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