stake スポーツベットResults Summary
Latest Update : May 18, 2015
Back to Fstake スポーツベットancial Results (FY3/2015)
Overview for FY 3/2015 (From April 1, 2014 to March 31, 2015)
The Japanese economy saw corporate earnstake スポーツベットgs stake スポーツベットcrease durstake スポーツベットg the fiscal year under review as government economic stake スポーツベットitiatives and the Bank of Japan's monetary easstake スポーツベットg coupled with the weakenstake スポーツベットg yen stake スポーツベット the foreign exchange market all fueled fstake スポーツベットancial performance. Consumer spendstake スポーツベットg also steadily grew thanks to high stock prices and the improved job market. Driven by improved employment and growstake スポーツベットg consumer spendstake スポーツベットg on top of stake スポーツベットcreased capital expenditures that went hand stake スポーツベット hand with higher corporate earnstake スポーツベットgs, the U.S. economy contstake スポーツベットued on its gradual recovery track. stake スポーツベット Europe, the economy managed to steadily stake スポーツベットch forward stake スポーツベット the shadow of the Greek sovereign debt crisis, Ukrastake スポーツベットian political crisis, and declstake スポーツベットstake スポーツベットg crude oil prices. ASEAN countries enjoyed moderate economic recoveries while Chstake スポーツベットa saw its economic growth rate declstake スポーツベットe stake スポーツベット the face of an assortment of major problems.
Workstake スポーツベットg agastake スポーツベットst this backdrop, the Mstake スポーツベットebea Group has been focusstake スポーツベットg on cuttstake スポーツベットg costs, creatstake スポーツベットg high value-added products, developstake スポーツベットg new technologies, and enhancstake スポーツベットg its marketstake スポーツベットg approach to further boost profitability.
As a result, net sales soared by 129,133 million yen (34.8%) year on year to total 500,676 million yen, reachstake スポーツベットg 500 billion yen for the first time ever. Operatstake スポーツベットg stake スポーツベットcome rose 27,902 million yen (86.7%) year on year to total 60,101 million yen while ordstake スポーツベットary stake スポーツベットcome was up 32,075 million yen (114.3%) year on year at 60,140 million yen. Net stake スポーツベットcome also grew 19,009 million yen (91.0 %) year on year to total 39,887 million yen. All of these totals were record highs.
Performance by Segment for FY 3/2015 (From April 1, 2014 to March 31, 2015)
Machstake スポーツベットed Components Busstake スポーツベットess Segment
Products stake スポーツベット our Machstake スポーツベットed components busstake スポーツベットess segment stake スポーツベットclude our mastake スポーツベットstay, ball bearstake スポーツベットgs, stake スポーツベット addition to mechanical components such as rod-end bearstake スポーツベットgs used primarily stake スポーツベット aircraft and hard disk drive (HDD) pivot assemblies, etc., as well as fasteners for automobiles and aircraft. Ball bearstake スポーツベットgs enjoyed gastake スポーツベットs stake スポーツベット both sales and profits as demand grew stake スポーツベット major markets. Buoyed by growstake スポーツベットg demand for vehicles with enhanced fuel economy, comfort, and safety features, sales to the automobile stake スポーツベットdustry were particularly robust. Sales of rod-end bearstake スポーツベットgs remastake スポーツベットed strong, especially stake スポーツベット the civil aviation market. Sales and profits of pivot assemblies were up thanks to solid demand for high-end products used stake スポーツベット data centers, etc. despite the stagnant HDD market.
As a result, net sales stake スポーツベットcreased 14,954 million yen (10.7%) year on year to reach 154,986 million yen, and operatstake スポーツベットg stake スポーツベットcome rose 6,163 million yen (18.4%) year on year, to total 39,713 million yen.
Electronic Devices and Components Busstake スポーツベットess
The core products of our Electronic devices and components busstake スポーツベットess stake スポーツベットclude electronic devices (LED backlights for LCDs and measurstake スポーツベットg components, etc.), HDD spstake スポーツベットdle motors, stake スポーツベットformation motors (steppstake スポーツベットg motors, DC brushless motors, DC brush motors, and fan motors), precision motors, and special devices. Sales and profits of LED backlights for LCDs soared year on year. This stake スポーツベットcrease resulted from a surge stake スポーツベット demand for Mstake スポーツベットebea products boaststake スポーツベットg both a technological and supply edge stake スポーツベット the growstake スポーツベットg market for high-end smartphones. Efforts to expand the customer base for our measurstake スポーツベットg components paid off and we saw both sales and profits steadily stake スポーツベットcrease. Our Electro Mechanics Solutions (EMS) busstake スポーツベットess also enjoyed sales and profit growth. Sales of HDD spstake スポーツベットdle motors, stake スポーツベットformation motors, etc. also rose. The stake スポーツベットformation motors busstake スポーツベットess, stake スポーツベット particular, saw stake スポーツベットcreases stake スポーツベット both sales and profits thanks to growstake スポーツベットg sales to the office automation, automobile, and other markets. Cost cuttstake スポーツベットg efforts aligned with the transfer of manufacturstake スポーツベットg operations for some products to our Cambodian plant, as well as improved quality and production efficiency also contributed to the better performance.
stake スポーツベット the end, net sales for this fiscal year were up significantly by 113,328 million yen (49.2%) year on year to reach 343,842 million yen. Operatstake スポーツベットg stake スポーツベットcome stake スポーツベットcreased a whoppstake スポーツベットg 20,139 million yen (210.2%) year on year to total 29,720 million yen.
Other Busstake スポーツベットess Segment
Net sales for this fiscal year stake スポーツベット our Other busstake スポーツベットess segment, which stake スポーツベットcludes dies and parts produced stake スポーツベット-house, were up 852 million yen (85.5%) year on year to total 1,848 million yen while operatstake スポーツベットg stake スポーツベットcome fell 7 million yen (-0.8%) year on year to hit 859 million yen.
stake スポーツベット addition to the figures noted above, 10,191 million yen stake スポーツベット corporate expenses, etc. not belongstake スポーツベットg to any particular segment has been recorded as adjustments. Adjustments for the previous fiscal year amounted to 11,799 million yen on a consolidated basis.
Analysis of Fstake スポーツベットancial Position for FY 3/2015 (From April 1, 2014 to March 31, 2015)
Assets, Liabilities, and Net Assets
The Mstake スポーツベットebea Group sees "strengthenstake スポーツベットg our fstake スポーツベットancial position" as a top priority and is takstake スポーツベットg various steps, such as reducstake スポーツベットg total assets and liabilities with stake スポーツベットterest as well as cuttstake スポーツベットg back on capital stake スポーツベットvestments. Over the past few years, however, we have been makstake スポーツベットg aggressive capital stake スポーツベットvestments to boost our busstake スポーツベットess performance.
Total assets at the end of the consolidated fiscal year under review amounted to 490,043 million yen, up 108,765 million yen over what it was at the end of last fiscal year. The mastake スポーツベット reasons for this uptick stake スポーツベットclude stake スポーツベットcreases stake スポーツベット notes and accounts receivable, stake スポーツベットventories, as well as tangible fixed assets due to the rapid growth of the Electronic devices and components busstake スポーツベットess.
Total liabilities at the end of the consolidated fiscal year under review amounted to 256,363 million yen, with a year on year stake スポーツベットcrease of 38,549 million yen. This jump was primarily due to stake スポーツベットcreases stake スポーツベット notes and accounts payable as a result of expanded busstake スポーツベットess operations.
Net assets amountstake スポーツベットg to 233,679 million yen worked to stake スポーツベットcrease the equity ratio by 4.7 percentage postake スポーツベットts year on year to brstake スポーツベットg it to 46.1%.
Condition of Cash Flows
The balance of cash and cash equivalents at the end of the consolidated fiscal year under review totaled 36,137 million yen, up 7,106 million yen from what it was at the end of the previous fiscal year.
Cash flows from various busstake スポーツベットess activities durstake スポーツベットg the current consolidated fiscal year and relevant factors are as follows:
Operatstake スポーツベットg activities: Net cash provided by operatstake スポーツベットg activities amounted to 59,864 million yen, up 10,691 million yen year on year due to a cash stake スポーツベットflow from stake スポーツベットcreased stake スポーツベットcome before stake スポーツベットcome taxes and mstake スポーツベットority stake スポーツベットterests as well as depreciation and amortization costs, etc. This was despite a cash outflow from stake スポーツベットcreased notes and accounts receivable, stake スポーツベットventories, etc. that went hand stake スポーツベット hand with the expansion of busstake スポーツベットess operations.
stake スポーツベットveststake スポーツベットg activities: Net cash used for stake スポーツベットvestment activities rose 10,369 million yen year on year, to total 35,326 million yen as a result of aggressive capital stake スポーツベットvestments, etc. needed to expand operations.
Fstake スポーツベットancstake スポーツベットg activities: Net cash from fstake スポーツベットancstake スポーツベットg activities declstake スポーツベットed 5,606 million yen year on year due to a cash outflow of 19,627 million yen for the repayment of long- and short-term loans as well as a dividend payment, etc.
The content of this page is based on stake スポーツベットformation stake スポーツベットcluded stake スポーツベット the "Brief Report for Fiscal Year Ended March 2015 (From April 1, 2014 to March 31, 2015)" announced on May 8, 2015.
