Jeco Co., Ltd. Business Report FY2010
Business Highlights
Financial Overview |
(in millions of JPY) |
FY2010 | FY2009 | Rate of change(%) | Factors | |
Overall | ||||
Sales | 21,391 | 20,735 | 3.2 | - |
Operating income | 1,365 | 687 | 98.5 | - |
Ordinary income | 1,300 | 736 | 76.6 | - |
Current net income | 384 | 599 | (35.9) | - |
Sales by product | ||||
Indicator related products | 20,593 | 19,842 | 3.8 | -Sales increased due to the growth in production of display panels and equipment such as air-conditioning control panels. |
Motor related products | 2,501 | 2,064 | 21.2 | -Sales increased due to the growth in production volume of vehicles. |
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
R&D
R&D Expenditure |
(in millions of JPY) |
FY2010 | FY2009 | FY2008 | |
Overall | 550 |
573 | 650 |
% of total sales | 2.6 |
2.8 | 3.0 |
-The Company engaged in R&D activities to enhance the competitiveness of mainly its automotive display panels and equipment (such as clocks, air-conditioning control panels, etc.) and sensors.
Investment Activities
Capital Expenditure |
(in millions of JPY) |
FY2010 | FY2009 | FY2008 | |
Overall | 531 |
572 | 1,890 |
-The Company made a capital investment of 531 million yen mainly to develop new product items in its auto-parts division.
-The Company invested 510 million yen in Japan to expand, enhance, and strengthen its capacities to develop new product items.
-In Asia, the Company invested 20 million yen in equipment and facilities to develop new product items.
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 | 382 | Apr.2010 | Mar.2012 | Slight increase |
Facility producing dies and tools | 194 | Apr.2010 | Mar.2012 | Slight increase | |
Non-production facility | 58 | Apr.2010 | Mar.2012 | Slight increase | |
Nagano Jeco Co., Ltd. Headquarters/Plant (Nagano Pref., Japan) |
Automobile parts assembly facility | 100 | Apr.2010 | Mar.2012 | Slight increase |
Jeco Autoparts Philippines, Inc. Headquarters/Plant |
Electronics manufacturing facility | 166 | Jan.2011 | Aug.2011 | 35% |