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Latest Update : Sept.10, 2024
Back to Financial Results (FY3/2025)
Investor Web Presentation for 1Q FY 3/2025 held on August 2, 2024
We have explained in the past that bearings are the leading indicator of the economy, being the first to improve when the economy picks up and the last to decline when it slows down. Bearings are finally making a comeback.
Average sales volume in July were almost 300 million units/month. The forecast in November is over 300 million units/month. We expect a gradual increase going forward as shown in the graph.
Comparing April and July, fan motor applications was up 43%, medical application increased by 51%, and pivot assemblies was up to approximately 12 million units/month due to recovery in data center applications. Bearings enjoy a steady increase in both internal and external sales volume.
17page (total 32pages)
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