Suncall Corporation Business Report FY ended Mar. 2019
Financial Overview |
(in million JPY) |
| FY ended Mar. 31, 2019 | FY ended Mar. 31, 2018 | Rate of Change (%) | Factors | |
| Overall | ||||
| Sales | 45,812 | 42,225 | 8.5 | -Sales rose because of higher sales of steel for automotive valve springs, higher sales of engine parts, and higher sales of parts for hybrid vehicles. |
| Operating income | 3,384 | 2,415 | 40.1 | -Operating income rose because of higher sales at the Mexican and Southeast Asian subsidiaries |
| Ordinary income | 3,557 | 2,527 | 40.8 | - |
| Profit for the year attributable to owners of the parent | 2,314 | 2,125 | 8.9 | - |
| Functional Precision Materials | ||||
| Sales | 5,555 | 5,020 | 10.7 | Sales rose because of a significant increase in sales of steel for valve springs for the North American market and because of strong sales in Asia. |
| Functional Precision Components | ||||
| Sales | 26,518 | 25,139 | 5.5 | Sales rose because of increased sales of engine parts such as valve springs and the growing need for hybrid-vehicle parts such as bus bars and motor cores. |
R&D Expenditure |
(in million JPY) |
| FY ended Mar. 31, 2019 | FY ended Mar. 31, 2018 | FY ended Mar. 31, 2017 | |
| Overall | 933 | 810 | 807 |
R&D activities
Development of Shunt Sensors
-Under a joint-development project with KOA, the Company is developing current sensors that precisely measure large currents of 200 to 1,000 amperes; expanding the scope of use of electric-current detection circuit modules and insulated and non-insulated analog and digital outputs. Also, it completed developing fuse sensors that include abnormal-current detection circuits, and is working to further expand their application.
Developing Bus Bars
-Bus bars are power-supply terminals for use in automotive battery units, motors, inverters, etc. for electric, hybrid, and plugin-hybrid vehicles. There is a growing demand for them, along with a growing demand for greater uses for them. In terms of expanding their use, they will be used on next-generation battery units and inverters, with evaluations being conducted on various specifications. The Company is working on expanding them globally by starting development of new overseas materials and insulating substances.
Planned Capital Investments |
(As of Mar. 31, 2019) |
| Company or Office Name | Location | Facilities | Expected Investment (in million JPY) |
From | To |
| The Company | Kyoto, Japan |
Manufacturing facility (Functional Precision Parts) |
610 | - | Mar. 2020 |
| Plant building (Functional Precision Parts) |
276 | - | Mar. 2020 | ||
| Suncall Kikuchi Corp. | Kumamoto, Japan |
Manufacturing facility (Functional Precision Parts) |
140 | - | Mar. 2020 |
| Suncall (Guangzhou) Co., Ltd. | Guangzhou, China |
Manufacturing facility (Functional Precision Parts) |
377 | - | Mar. 2020 |
| Suncall America Inc. (Indiana, USA) |
Indiana, Japan |
Manufacturing facility (Functional Precision Parts) |
124 | - | Dec. 2019 |
| Suncall Technologies Mexico, S.A. de C.V. | Aguascalientes, Mexico |
Manufacturing facility (Functional Precision Parts) |
362 | - | Dec. 2019 |
Outlook for FY ending Mar 31, 2020 |
(in million JPY) |
| FY ending Mar 31, 2020 (Forecast) |
FY ended Mar. 31, 2019 (Actual Results) |
Rate of Change (%) |
|
| Overall | |||
| Sales | 45,500 | 45,812 | (0.7) |
| Operating income | 2,600 | 3,384 | (23.2) |
| Ordinary income | 2,500 | 3,557 | (29.7) |
| Profit for the year attributable to owners of the parent | 1,900 | 2,314 | (17.9) |
| automotive-parts sector | |||
| Sales | 26,450 | 26,518 | (0.3) |
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)