TDF Corporation Business Report FY ended Mar. 2012

Business Highlights

Financial Overview

(in millions of JPY)
  FY ended Mar. 31, 2012 FY ended Mar. 31, 2011 Rate of Change (%) Factors
Sales 23,083 20,624 11.9 -Sales rose year-on-year due to the recovery in demand mainly in the automotive sector, thanks to various tax-reduction sales schemes and eco-car sales-incentive programs. In addition, a recovery was seen in the volume of truck products exported mainly to the Asian region.
Operating income 487 628 (22.5) -
Ordinary income 523 779 (32.9) -
Net income 421 281 49.8 -

Investment Activities

Capital Investment

(in millions of JPY)
  FY ended Mar. 31, 2012 FY ended Mar. 31, 2011 FY ended Mar. 31, 2010
Overall 629  801 525
-The Company invested in establishment, maintenance and repair of forging equipment.