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

Today I would like to announce that we plan to invest a total of more than 10 billion yen in the aircraft parts business from now through 2020. This investment will include 3.6 billion yen to expand production capacity at Fujisawa Plant in Japan, and 6.8 billion yen to be spent on production facilities in Thailand. We have made this investment decision in light of the increasing demand from customers such as Mitsubishi Heavy Industries, IHI, Kawasaki Heavy Industries, and Fuji Heavy Industries for our aircraft-related mechanical parts. We must first establish pilot production lines in Japan in response to the requests made by these customers. Then, we will eventually launch large-scale production in Thailand. We suffered a drop in operating income last year because of a drastic production cut that we implemented in the wake of a quality problem caused by NHBB. But we are beginning to see a full recovery in the level of production, and expect to return to our normal level later this month or next.

25page (total 36pages)

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