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Aska Corporation Business Report FY ended Nov. 2013
Business Highlights
Financial Overview |
(in million JPY) |
| FY ended Nov. 30, 2013 | FY ended Nov. 30, 2012 | Rate of Change (%) | Factors | |
| Overall | ||||
| Sales | 19,109 | 19,624 | (2.6) | - |
| Operating income | 336 | 462 | (27.3) | - |
| Ordinary income | 569 | 583 | (2.4) | - |
| Net income | 289 | 273 | 5.9 | - |
| Automotive Components Division | ||||
| Sales | 12,424 | 13,912 | (10.7) | -Production decreased due to the termination of the eco-car incentive program. |
| Operating income | 26 | 54 | (51.9) |
- |
R&D
R&D Expenditure |
(in million JPY) |
| FY ended Nov. 30, 2013 | FY ended Nov. 30, 2012 | FY ended Nov. 30, 2011 | |
| Overall | 58 | 57 | 50 |
| -Automotive Components Division | 15 | 15 | 22 |
| Personnel | 10 | 9 | 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.-The Company has established R&D functions at each division, since applications and production methods vary considerably by business segment.
-The Development headquarters is engaged in new products that do not belong to existing product groups.
Recent Developments
<Automotive Components Division>-The Company has been working development for a new method for press working.
Investment Activities
Capital Expenditure |
(in million JPY) |
| FY ended Nov. 30, 2013 | FY ended Nov. 30, 2012 | FY ended Nov. 30, 2011 | |
| Overall | 1,521 | 756 | 438 |
| -Automotive Components Division | 1,312 | 612 | 385 |
-In FY ended Nov. 30, 2013, the Company focused its capital investment activities on upgrading its production equipment to improve operational efficiency.
-The Automotive Division has no plans to make any major investment as of Nov. 30, 2013.
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