ASKA CORPORATION Business reports for FY2006
Business Highlights
| In million yen | FY2006 | FY2005 | Rate of Change |
| Overall | |||
| Sales | 21,470 | 17,541 | 22.4% |
| Ordinary profit | 819 | 272 | 201.1% |
| Net profit | 364 | 74 | 385.3% |
| Automotive Components Division | |||
| Sales | 12,903 | 10,069 | 28.1% |
- The Company posted record sales, ordinary profit, and net profit in fiscal 2006, as
a result of its initiatives to develop new manufacturing technology and improve production efficiency, while strengthening
its activities to propose technical solutions.
Automotive business
- Sales at the automotive division grew, supported by greater sales to Toyota, which was achieved through its
highly focused marketing activities targeting the group.
R&D
R&D for FY2006
| FY ended on Nov. | FY2006 | FY2005 | FY2004 |
| R&D Expenses | 94 | 79 | 91 |
| Personnel | 12 | 10 | - |
R&D Organization
Based on its long-term vision to develop innovative technology and products that translate into new areas of business,
the R&D focus is set on developing IT related products and derivative technologies, which are secondary to the
Company's existing business.
- Each division is responsible for different uses for and manufacturing methods of its products.
Each division has its own R&D function. the Development headquarters is engaged in new products that do not belong
to existing product groups.
Recent Developments (as of November 11)
Automotive Division
- The Company developed a new general-purpose arc spot welding system and a highly efficient multipurpose arc system.
Investment Activities
- No major investment plan has been announced by the company as of November 2006.