Alpine Electronics, Inc. Business report FY2008
|Financial Overview||(in millions of JPY)|
|FY2008||FY2007||Rate of Change(%)||Factors|
|Current net income||(9,290)||3,554||-||-|
|Audio systems division|
|Sales||89,107||123,637||(27.9)||-Sales of CD audio systems for automakers decreased in North America in the second half onward because production shifted toward small cars.|
|Information/communication systems division|
|Sales||108,595||129,498||(16.1)||-Sales of genuine parts for automakers decreased in the North American market which is the Company's main market, because of a decline in sales of navigation systems and visual products. Those products are often installed on luxury cars and large-sized cars, but such cars saw sales decline.
-Orders for "large system products" centering on car navigation systems for European luxury car manufacturers increased and sales remained steady. However, in the second half onward, orders decreased due to a decline in production volume at automakers.
|R&D Expenditure||(in millions of JPY)|
|Audio System Division||6,864||7,631||7,017|
|Information/ Communication System Division||19,526||19,560||21,706|
Licensing of Technology from Other Companies (As of Mar. 2009)
|Contract signed with||Country||Contract details||Contract period|
Laboratories Licensing Corporation
|U.S.A.||Licensing of patent rights related to noise reduction devices for DVD players etc.
||From Jan. 1, 1977 until the termination of patent period|
|Koninklijke Philips Electronics NV.||Netherlands||Licensing of patent rights related to DVD players||From Oct. 12, 1999
To Oct. 11, 2009
|Thomson S.A.||France||Licensing of patent rights related to DVD players||From Oct. 1, 2000
To Sep. 30, 2005
After that, renewed every 5 years automatically.
|Toshiba Corporation||Japan||Licensing of patent rights related to DVD players||From Dec. 31, 2000
To Dec. 31, 2007
|MPEG LA LLC||U.S.A.||Licensing of patent rights related to DVD players||From Jan. 1, 2002
To Dec. 31, 2010
|Capital Investment||(in millions of JPY)|
|Audio System Division||5,323||13,673||7,316|
|Information/Communication System Division||4,830||5,452||5,303|
Audio Systems Division
-The Company invested 1,025 million JPY for tangible fixed assets, mainly dies; and 1,250 million JPY to develop software.
-The Company invested 1 billion 724 million yen in its production base in Europe, "Alpine Electronics Manufacturing of Europe Ltd.", in production facilities in order to respond to the automakers' request for increased production and quality requirement for customers.
-The Company invested 411 million yen for its production base in China, "Dalian Alpine Electronics Co., Ltd.", to promote automation of standard lines.
Information/Communication Systems Division
-The Company spent 1,406 million JPY for capital investments in this division in order to develop new products; and to expand and rationalize production operations.
-The Company spent 1,714 million JPY to build an information network within the Company.
-In order to raise its capacity in Europe, the Company invested 664 million JPY.
|Name||Location||Type of facility||Planned investment amount (million JPY)||Starting date||Planned completion|
|Alpine Electronics, Inc.||Iwaki city,
|machinery/ apparatus||416||Apr. 2009||Mar. 2010|
|Industrial tools, equipment, and dies||2,505|
|Alpine Electronics Manufacturing of Europe Ltd.||Biatorbagy,
|machinery/ apparatus||394||Apr. 2009||Mar. 2010|
|Dalian Alpine Electronics Co. Ltd.||Dalian, China||machinery/ apparatus||238||Apr. 2009||Mar. 2010|