Aska Corporation Business Report FY2010

Business Highlights

Financial Overview

(in millions of JPY)
  FY2010 FY2009 Rate of Change(%) Factors
Sales 18,471 13,956 32.4 -
Operating income 346 (387) - -
Ordinary income 487 (324) - -
Net income 266 (282) - -
Automotive Components Business
Sales 13,330 10,187 30.9 -Sales increased year-on-year thanks to a recovery in global vehicle production volumes, which were supported by car purchase incentive programs as tax cuts and subsidies introduced in many countries.


R&D Expenditure

(in millions of JPY)
  FY2010 FY2009 FY2008
Overall 46 49 63
Personnel 8 7 9

R&D Structure

-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

-The Company conducted simulation of press forming.

Investment Activities

Capital Expenditure

(in millions of JPY)
  FY2010 FY2009 FY2008
Overall 350 331 2,448

-In FY2010, the Company focused its capital investment activities on upgrading its production equipment to improve operational efficiency.
-The Automotive Parts Division has no plans to make any major investment as of Nov. 30, 2010.