Presentation Transcripts

Latest Update : Nov.25, 2015

Back to Financial Results (FY3/2016)

Investor Meeting Presentation for 2Q FY 3/2016 held on November 5, 2015

Table of Contents

For the first half of the fiscal year ending March 31, 2016, net sales skyrocketed to hit a record high for any six month period while operating income rose moderately to set a new first half record high.
Although the economic slowdown in emerging markets (particularly China) affected sales of some of our products, like mid-range to low-end smartphones, demand for a number of high-end consumer products employing Minebea components remained steady for the most part. Sales of LED backlights grew rapidly and external shipment volumes for ball bearings increased steadily while measuring components’ sales and profits rose significantly due to an acquisition as well as growth of our existing businesses. Pivot assemblies and HDD spindle motors, however, were affected by the decline in the HDD market.
We estimate that foreign currency translations have resulted in a year-on-year gain in net sales of approximately 33.6 billion yen and a year-on-year operating income gain of approximately 5.8 billion yen.

4page (total 38pages)

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