Jeco Co., Ltd. Business Report FY2007
Business Highlights
| Financial Overview | (in millions of JPY) |
| FY2008 | FY2007 | Rate of change(%) | Factors | |
| Overall | ||||
| Sales | 22,019 | 28,576 | (22.9) | - |
| Operating income | (704) | 1,599 | - | - |
| Ordinary income | (895) | 1,613 | - | |
| Current net income | (1,677) | 910 | - | |
| Sales by product | ||||
| Indicator related products | 14,990 | 19,036 | (21.3) | -Sales for air-conditioner panels and combination meters decreased. |
| Motor related products | 4,153 | 6,345 | (34.6) | -Sales for electronic throttle motors and ABS motors decreased. |
| Other automotive products | 2,876 | 3,193 | (9.9) | -Sales for sensors decreased. |
R&D
| R&D Expenditure | (in millions of JPY) |
| FY2008 | FY2007 | FY2006 | |
| Overall | 650 | 724 | 612 |
| % of total sales | 3.0 | 2.5 | 2.5 |
-R&D was mainly conducted to develop technology in order to gain a competitive edge in the area of automotive clocks, display system products such as air-conditioner panels, and sensors.
Investment Activities
| Capital Investment | (in millions of JPY) |
| FY2008 | FY2007 | FY2006 | |
| Overall | 1,890 | 2,291 | 2,096 |
- Capital investment in FY
New Facility
| Name Location |
Type of facility | Planned investment amount (million JPY) |
Start | Finish | Production capacity increase on completion |
| Jeco Co., Ltd. Headquarters/ Plant (Saitama Pref., Japan) |
Automobile parts assembly facility | 539 | Apr.2008 | Mar.2010 | Slight increase |
| Dies and tools | 342 | Apr.2008 | Mar.2010 | Slight increase | |
| Facility except production facility | 19 | Apr.2008 | Mar.2010 | Slight increase | |
| Nagano Jeco Co., Ltd. Headquarters/ Plant (Nagano Pref., Japan) |
Automobile parts assembly facility | 60 | Apr.2008 | Mar.2010 | Slight increase |