Presentation Transcripts

Now, let's take a look at the results by segment, starting with the Precision Technologies segment.
On the left is a graph indicating yearly net sales trends and on the right is a graph with a bar chart showing yearly operating income trends along with a line chart for operating margins.
In the fiscal year ended March 31, 2025, net sales increased by 21.0% year on year, totaling 255.7 billion yen. Sales of ball bearings increased by 15.5% year on year to reach 171.8 billion yen. The monthly average of bearing sales volume totaled 237 million units, an increase of 15.9% year on year.
Looking at sales by application, we see that sales of products for data center applications greatly increased, which drove overall growth.
Sales of rod-ends and fasteners increased by 30.9% year on year, totaling 59.1 billion yen. Products for aircraft applications performed well.
Sales of PMC increased by 41.6% year on year, totaling 24.8 billion yen.
Operating income for the fiscal year ended March 31, 2025 totaled 55.7 billion yen, resulting in an operating margin of 21.8%. We saw operating income increase by 46.4%, and the operating margin increased by 3.8 percentage points year on year. Looking at the year-on-year results by product, operating income for all products including bearings, rod-ends and fasteners, and PMC increased to hit a record high as a whole.
For the fiscal year ending March 31, 2026, in ball bearings, we expect volume growth for data centers due to continued data volume expansion, and steady growth for automobiles due to continued content growth, despite the sluggish automobile market.
In our aircraft-related businesses, including rod-ends and fasteners, we expect to continue to benefit from the ongoing recovery in aircraft production rates. For PMC, we expect sales to remain at the same level as the previous year.
From this page onward, we are disclosing our plans for the fiscal year ending March 31, 2026 for each segment and management figures in two parts: "Base Scenario" and "Risk Scenario". I will explain this later.