ASKA CORPORATION Business reports for FY2007
|(In million yen)||FY2007||FY2006||Rate of Change(%)|
|Automotive Components Division|
-The Company marked increases both
in sales and profit in fiscal 2007, as a result of its initiatives
to develop new manufacturing technology and improve production efficiency,
while strengthening its activities for making proposals on technical
-Demand from Mitsubishi Motors recovered thanks to strong sales of its new vehicles. Business with Toyota was also favorable. As a result, the automotive component division enjoyed greater sales.
|(In million yen)||FY2007||FY2006||FY2005|
-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, 2007)
-The Company developed production technology to make products made of ultra high-tension materials.
-The investment focus was on acquiring the Takahama facility in Takahama City, Aichi Prefecture, Japan and installing new production equipment in this plant.
-The Automotive Parts Division has no plans to make any major investment as of the end of November, 2007.