Presentation Transcripts

Latest Update : Feb.22, 2024

Back to Financial Results (FY3/2024)

Investor Conference Call for 3Q FY 3/2024 held on February 2, 2024

Table of Contents

Cover
Summary of Consolidated Business Results for 3Q
Net Sales, Operating Income / Margin
3Q Actual: Differences from the Forecast as of November
Precision Technologies (PT)
Motor, Lighting & Sensing (MLS)
Semiconductors & Electronics (SE)
Access Solutions (AS)
Profit Attributable to Owners of the Parent / EPS
Inventory
Net Interest-bearing Debt / Free Cash Flow
Forecast
Forecast for Business Segment
Full-year forecast: Differences from the Forecast as of November
Today's Point 1
Today's Point 2
Aircraft Business
Acquisition of All Shares of RO-RA Aviation Systems
Analogue Semiconductor Business
Access Solutions Segment (AS)
Automation Project
ESG Topics
EPS Growth Rate and ROE
Shareholders Return
Forward-looking Statements
Reference
- FY3/25 Operating Income Image
- Net Sales, Operating Income / Margin
- Precision Technologies (PT)
- Motor, Lighting & Sensing (MLS)
- Semiconductors & Electronics (SE)
- Access Solutions (AS)
- S.G.&A. Expense / Ratio
- Capital Expenditure / D&A Expense
- ROIC (Return On Invested Capital)

Hello, I'm Yoshihisa Kainuma. I would like to explain today's key points.

We explained that we target at least operating income of 77 billion yen for this fiscal year ending March 31, 2024 at the 2Q investor meeting held in November. After three months, unfortunately we had to make a revision.
Bearings has not turned to a V-shaped recovery, which means that we are now at a true bottom and the probability of a scenario for a gradual recovery in the next fiscal year has become extremely high. We will make a close examination about the next fiscal year in March, followed by the presentation in May.

15page (total 35pages)

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