Presentation Transcripts

Latest Update : May 25, 2016

Back to Financial Results (FY3/2016)

Investor Meeting Presentation for FY 3/2016 held on May 10, 2016

Table of Contents

When it comes to ball bearings, external sales have remained quite strong. In terms of monthly sales on average, they have achieved year-on-year growth for the last 14 quarter periods in a row. Over the past three years, external sales of ball bearings showed remarkable growth, increasing by 8% each year on average. Sales for automobiles, among others, showed the most significant growth. By March of this year, monthly sales volume of ball bearings for automobiles had grown to 50 million units, up nearly 50% over three years ago, when it was around 34 million units/month. I personally feel that the growth in the sales of high-end consumer products tends to stimulate demand for highly sophisticated component products. That is why our products enjoy growth in sales. To take vacuum cleaners, for example, some high-end models are equipped with motors capable of operating at around 100,000 rpm, which is much greater than the general 10,000 to 15,000 rpm level. Recently we have seen growth in demand for our high-quality ball bearings from vacuum cleaner manufacturers making high-grade models with powerful motors. I expect the current pace of growth will continue for the external sales of ball bearings. In addition, we will stay focused on marketing special-purpose bearings for X-ray tubes and other components in Japan in collaboration with myonic GmbH, a subsidiary company in the Minebea Group. With this strategy, we expect consistent growth for our ball bearing business in coming years.

23page (total 36pages)

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