Financial Overview
|
(in million JPY) |
|
FY ended Mar. 31, 2014 |
FY ended Mar. 31, 2013 |
Rate of Change (%) |
Factors |
Overall |
Sales |
9,260 |
8,358 |
10.8 |
-Revenue and profits increased due to stable product sales and cost-reduction activities |
Operating income |
659 |
324 |
103.4 |
Ordinary income |
598 |
228 |
162.3 |
- |
Current net income |
352 |
184 |
91.3 |
- |
Contract
-Supply contract from PT. Ikuyo Indonesia for the following:
- From February 2014, started delivering interior parts such as resin parts for door panels and instrument panels; to the Mistubishi Outlander Sport.
- From April 2014, started delivering functional parts such as radiator fans and radiator covers; to the Nissan GO+Panca.
Outlook for FY ending Mar. 2015
|
(in million JPY) |
|
FY ending Mar. 31, 2015 (Forecast) |
FY ended Mar. 31, 2014 (Actual results) |
Increase Ratio (%) |
Sales |
8,572 |
9,260 |
(7.4) |
Operating income |
345 |
659 |
(47.6) |
Ordinary income |
233 |
598 |
(61.0) |
Net income |
205 |
352 |
(41.8) |
R&D Expenditure
|
(in million JPY) |
|
FY ended Mar. 31, 2014 |
FY ended Mar. 31, 2013 |
FY ended Mar. 31, 2012 |
Overall |
8 |
8 |
3 |
R&D Activity
-Major R&D activities are listed below:
1. New molding technology for decorative parts
- Development of applied technology in order to improve the level of lamination molding, film inserts, and foam molding
- Development of technology to find replacements for plating and paint
2. Use of high-strength plastics
- Development of injected molding parts as replacements for metal arts on automobile chassis.
- Development of injection molded parts that are high-heat resistant, oil resistant, and high strength; designed for use in engine transmission parts, etc.
Capital Expenditure
|
(in million JPY) |
|
FY ended Mar. 31, 2014 |
FY ended Mar. 31, 2013 |
FY ended Mar. 31, 2012 |
Overall |
597 |
436 |
354 |
-JPY 650 million is planned to be invested in capital improvements by end of fiscal year 2014, which ends March 2015.