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Latest Update : Dec.9, 2022
Back to Financial Results (FY3/2023)
Investor Meeting Presentation for 2Q FY 3/2023 held on November 2, 2022
The CAGR for motors is 14%, but some significant adjustments have been made to hard disk drive production. This will likely bottom out in the fourth quarter. We are not especially concerned because digitalization itself has not come to a stop but will be progressing even further. I firmly believe that high-end hard disk drives will recover.
In terms of profit and loss, profits from motors manufactured in Thailand have not grown, but I would like to note that this was due to foreign exchange hedging, which had an impact on the total amount of profits, so there is actually nothing wrong with the business.
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