Suncall Corporation Business Report FY2009

Business Highlights

Financial Overview

(in millions of JPY)
  FY2009 FY2008 Rate of Change (%) Factors
Sales 28,790 30,544 (5.7) -
Operating income 2,023 1,052 92.3 -
Ordinary income 2,148 824 160.7 -
Net income 1,195 228 424.1 -
Functional precision materials division
Sales 3,053 3,295 (7.3)

-Sales decreased year-on-year due to the following factors:
Although demand for high-strength materials for use in reinforced valve springs, as well as precision shaped materials used in engines and transmissions, has been showing signs of recovery, the increase was not enough to make overall sales rise above the previous year's level.

Functional precision components division
Sales 16,855 17,572 (4.1) -Despite an increase in sales of some transmission parts, overall sales of functional, precision components dropped below that of the previous year's result.

>>>Financial Forecast for the Next Fiscal Year(Sales, Operating Income etc.) 


R&D Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 441 719 828

R&D Activities

Hybrid-vehicle components
-The Company developed components for use in power control units. In the area of pressure boosting devices and power supply systems, the company developed new products by applying its new primary insulation coating technology to materials used for irregularly shaped coiled and foamed products, which are the Company's area of expertise. The Company also worked on developing technology to mass-produce secondary insulation coated products.

Functional precision materials/components
-In the area of steel wires for valve springs, the Company developed an advanced heat treatment technology, which can more than double the level of productivity in the patenting process by using existing production equipment. It is now working on developing mass-production methods in finding ways to put these methods into practical use.
-The Company is developing highly productive and cost-efficient technology to manufacture materials used on irregularly shaped components. It is undertaking this by combining its expertise in producing precision shaped components with its high-speed stamping method that it recently developed.
-The Company is developing ultra high-strength springs in the area of functional precision components by combining nitriding treatment and shot-peening treatment technologies. The Company has already reached a stage where fatigue strength can be improved by 7 percent.

Investment Activities

Capital Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 1,177 2,254 3,229
Functional precision materials division 98 246 2,089
Functional precision components division 385 1,529 2,364

-The company's main investment activities were for increasing its production volumes, improving productivity, reducing costs, raising product quality, and enhancing the environmental responsiveness of its products.

Functional precision materials division
-The Company invested primarily in improvement of productivity of valve spring materials, precise deformed materials and environment.

Functional precision components division
-The Company invested mainly in projects which will contribute to reducing costs and improving the environmental responsiveness of its automotive components.

New Facilities (Functional Precision Components Division)

(As of Mar. 31, 2010)

Company or Office Name
Facilities Expected Investment (thousand yen) Project period
From To
The Company
(Kyoto, Japan, etc.)
Manufacturing facility
(Functional precision materials division)
500 2010.04 2011.03
Manufacturing facility
(Functional precision components division)
245 2010.04 2011.03
Suncall Engineering
(Yamanashi Pref., Japan)
Manufacturing facility 35 2010.04 2011.03
Suncall (Guangzhou) Co., Ltd.
(Guangzhou, China)
Manufacturing facility 99 2010.04 2011.03