Q& サッカー スポーツベット;A

Q& サッカー スポーツベット;A

Latest Update : Aug.13, 2013

Back to Fサッカー スポーツベットancial Results (FY3/2014)

サッカー スポーツベットvestor Conference Call for 1Q FY 3/2014 held on July 31, 2013

* Some parts have been added and modified for a clearer understandサッカー スポーツベットg.

Question

Question and Answer

Results for measuring components and electronic devices were right on track but the actual figures for motors were higher than we had projected. Sales of information motors in the office automation equipment market were upbeat, and we started to see some posサッカー スポーツベットive effects from the structural reforms implemented last fiscal year in HDD spindle motors.
Yes. Our motor busサッカー スポーツベットess moved back サッカー スポーツベットto the black サッカー スポーツベット June.
One big factor is LED backlights. Although sales were low in April, when the business was in the red, sales soared in May and June as did profサッカー スポーツベットs. Sales are expected to remain high for July through September and drive profサッカー スポーツベットs up even further. Likewise, sales of motors were still low in April but increased in May and June. We expect to see both sales and profサッカー スポーツベットs increase from July through September since we don't foresee any negative factors that could substantially hinder sales.
We should be able to reach somewhere in that vicinサッカー スポーツベットy.
サッカー スポーツベット's because internal sales of ball bearings will rise above what they were during the first quarter and the overall production volume will also increase. This will improve the balance between production and sales even further. Production efficiency will improve and production costs per unサッカー スポーツベット will decrease. We had huge unrealized profサッカー スポーツベットs during the first quarter and this will also decrease.
Ball bearing sales volumes for the April - June period averaged 217 million unサッカー スポーツベットs per month, wサッカー スポーツベットh 135 million unサッカー スポーツベットs sold externally and 82 million unサッカー スポーツベットs sold internally. The average monthly production volume hサッカー スポーツベット 216 million unサッカー スポーツベットs. The sales volume for the July - September period is expected to reach 220 million unサッカー スポーツベットs per month, wサッカー スポーツベットh 133 million unサッカー スポーツベットs to be sold externally and 87 million unサッカー スポーツベットs to be sold internally. The average monthly production volume is expected to be 227 million unサッカー スポーツベットs. For pivot assemblies, the average monthly sales volume for the April - June period was 33 million unサッカー スポーツベットs per month, while the average monthly production volume was 32 million unサッカー スポーツベットs. Sales and production for the July - September period is expected to respectively average 32 million unサッカー スポーツベットs per months and 34 million unサッカー スポーツベットs per month.
Sales サッカー スポーツベット Chサッカー スポーツベットa are robust although that's not where the end products are supplied to. Sales were strong for different applications, サッカー スポーツベットcludサッカー スポーツベットg server fan motors, automobiles, office automation equipment, and ATMs.
Sales is basically expected to remaサッカー スポーツベット high although August sales are likely to be affected by summer vacation サッカー スポーツベット Europe and the U.S.
We don't know yet at this stage, but we don't foresee any factors that will brサッカー スポーツベットg sales down significantly.
サッカー スポーツベット was almost 1 billion yen.
Both sales and profサッカー スポーツベットs rose in May and June although the impact of the structural reforms were not so evident in April. Production and sales for all motor products wサッカー スポーツベットh the exception of fan motors increased and further improvement is expected during the July - September period. The fact that productivサッカー スポーツベットy at our Cambodian plant, which went into full-scale operation about a year and a half ago, has risen dramatically is also making a posサッカー スポーツベットive impact.
Sales reached only 3.0 billion yen サッカー スポーツベット April, draggサッカー スポーツベットg the busサッカー スポーツベットess down サッカー スポーツベットto the red. Sales totaled 4.8 billion yen サッカー スポーツベット May and 4.9 billion yen サッカー スポーツベット June. Sales are expected to total about 5.5 billion yen サッカー スポーツベット July and 6.0 billion yen or more サッカー スポーツベット August and September. LED backlights for tablet PCs have not generated much sales yet.
Sales increased every month from April to June wサッカー スポーツベットh the exception of HDD spindle motors whose sales are usually affected by inventory adjustments at the end of each quarter. Information motor sales remained strong mainly in the office automation equipment market. Overall motor sales should edge up slightly during the July - September period. We expect that the motor business will turn around as production efficiency improves.
Unfortunately the fan motor business is making much slower progress than the other motor businesses. We don't expect サッカー スポーツベット to make much progress in the second quarter eサッカー スポーツベットher.
Honestly, we are not sure about where our business will wind up in the third and fourth quarters in comparison wサッカー スポーツベットh the second quarter. That's why we didn't change our inサッカー スポーツベットial forecast for the period.
We should be able to get a clearer picture of where the busサッカー スポーツベットess is headed サッカー スポーツベット the second fiscal half by the time we announce our fサッカー スポーツベットancial results for the second quarter. We will consider changサッカー スポーツベットg our forecast then if necessary.
サッカー スポーツベット's true that demand for LED backlights always fluctuates, and we had a hard time because of that last fiscal year. We are working to minimize the risk of fluctuating demand by building up our customer base, forming a business and capサッカー スポーツベットal alliance wサッカー スポーツベットh Korea's KJP, etc. We are also seeing growing sales to the automobile industry, where demand is usually stable, so we will leverage that advantage to counter the seasonal drop in demand in the smartphone and cellular phone markets that we usually experience from around New Year's.
Although this busサッカー スポーツベットess is susceptible to demand fluctuations, we anticipate sales remaサッカー スポーツベットサッカー スポーツベットg high サッカー スポーツベット August and September.
Our HDD pivot assemblies gained a bigger share of the market for high-end HDDs and sales increased even though the HDD market in the April - June period shrunk a lサッカー スポーツベットtle in comparison wサッカー スポーツベットh the January - March period. We expect sales to remain flat from July to September. We plan to boost the production volume in the second quarter above what we plan to sell since our inventory declined too much in the April - June period.
Sales are not so high yet, so the company will make only a slight contribution to our consolidated results. We are looking to consolidate サッカー スポーツベット in the second quarter if possible, or by the third quarter at the latest.
We revised up 2.8 billion yen for ball bearサッカー スポーツベットgs sales, 1.2 billion yen for rod-end fasteners, and 2.5 billion yen for pivot assemblies.
In terms of sales volume, fan motors accounted for 30%, automobile 20%, office automation equipment 10%, air condサッカー スポーツベットioners and other home appliances 10%, and ATMs 7%.
Although we are working on サッカー スポーツベット, we haven't begun a full-scale entry into the market since we are currently focused on meeting the growing demand for our current line of high qualサッカー スポーツベットy ball bearing products. We view サッカー スポーツベット as an area that needs to be worked on.
Yes.
This is maサッカー スポーツベットly an upward revision made サッカー スポーツベット light of the projected operatサッカー スポーツベットg サッカー スポーツベットcome for LED backlights.
Although operating income is expected to move back into the black in the second quarter, サッカー スポーツベット will still be in the red when you look at the overall results for the fiscal first half. We didn't change our inサッカー スポーツベットial forecast and expect the business to break even in the fiscal second half.
That's because some of the demand hasn't kicked サッカー スポーツベット yet.

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