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

Table of Contents

NHBB stands for New Hampshire Ball Bearings.
We took over myonic, a German bearing manufacturer in 2009 and Cerobear, a German ceramic bearing company in 2013.
Since the acquisition of these two companies, we have jointly worked on various R&D as well as marketing initiatives and will soon start shipping products for new aircraft models including Boeing's 737MAX, Airbus' A320Neo, etc. We are finally seeing some synergy born from our joint efforts with Cerobear now that we have received orders for engine bearings and gear box parts for these two models employing next-generation engines.
You see a new North American plant listed on the slide. To tell you the truth, our U.S. plant currently has no more room for expansion. So at this point we have no choice but to build a new factory somewhere in North America, including Mexico. NHBB's business unit has recently started looking for land on which to build that new factory.
myonic, on the other hand, plans to focus on products that will give it a major foothold in niche markets, like bearings for large machine tool bases, as it works to boost sales.

30page (total 42pages)

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