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

As the hard disk drive market shrinks, the good news for HDD spindle motors is that there is a burgeoning need for data storage. They say that one million pictures are uploaded to Facebook every day. Add in videos and other websites and the figure is astronomical. Demand for high-end hard disk drives will continue to grow as more and more high-definition images with 4K resolution are uploaded. The other day we saw one of our competitors drop out of the race. We are in the number two spot with a technological edge in high-end products and we're okay with that. Fueled by customer demand, we will take the manufacturing of products for high-end hard disk drives into high gear to keep pace with the current trend in digitization. Looking at pivot assemblies and HDD spindle motors, we see that the hard disk drive market shrank more than we had expected. Although we haven't shipped as many pivot assemblies as we had initially projected this year, our Five Arrows strategy saved us from suffering major damage.

26page (total 38pages)

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