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Aska Corporation Business Report FY2011
Business Highlights
Financial Overview |
(in millions of JPY) |
| FY2011 | FY2010 | Rate of Change (%) | Factors | |
| Overall | ||||
| Sales | 16,228 | 18,471 | (12.1) | - |
| Operating income | 117 | 346 | (66.2) | - |
| Ordinary income | 187 | 487 | (61.6) | - |
| Net income | 73 | 266 | (72.5) | - |
| Automotive Components Business | ||||
| Sales | 11,822 | 13,325 | (11.3) | -The Company had to reduce its production volume, as automakers suspended operations in the aftermath of the great earthquake in March. |
R&D
R&D Expenditure |
(in millions of JPY) |
| FY2011 | FY2010 | FY2009 | |
| Overall | 50 | 46 | 49 |
| Personnel | 7 | 8 | 7 |
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
<Automotive Components Division>-The Company spent 22 million yen on R&D activities at the Automotive Components Division in FY2011
-The Company conducted simulation of press forming.
Investment Activities
Capital Expenditure |
(in millions of JPY) |
| FY2011 | FY2010 | FY2009 | |
| Overall | 438 | 350 | 331 |
-Investment in the automotive components business totaled 385 million yen in FY2011
-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.
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