As I explained at the last financial results presentation in May regarding the track record for 15 years, the current situation, and the future, there are three major things that I would like to talk about.
First, we have succeeded in structural reforms. Of the approximately 60 billion yen in operating income, the highest new record set during the former Minebea era, the majority was accounted for by LED backlights for smartphones. However, we now expect operating income of over 100 billion yen even if this business is eliminated.
And I believe that we have finally entered the "harvest season" as various new products, too numerous to mention here, will be launched to the market in the near future.
Furthermore, although it has been frequently pointed out to us that our operating income margin is low, we would like to first achieve 10% real operating income (operating income margin excluding sales of supplied parts, etc.) in order to make people believe that we can achieve net sales of 2.5 trillion yen and operating income of 250 billion yen. While adhering to the goals of 2.5 trillion yen in net sales and 250 billion yen in operating income, we have begun to focus on the operating margin.
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