SNT CORPORATION Business Report FY2010
Business Highlights
Financial Overview |
(In millions JPY) |
|
|
FY2010 | FY2009 | Rate of Change (%) |
Factors |
| Overall | ||||
| Sales | 18,072 | 11,592 | 55.9 | － |
| Operating income | 1,547 | 141 | 997.2 | |
| Ordinary income | 1,961 | 386 | 408.0 | |
| Net income | 1,468 | (928) | - | － |
| Forged products business | ||||
| Sales | 14,513 | 8,949 | 62.2 | -Overall performance improved year-on-year in the automotive and construction-equipment industries, the two segments in which the Company's main customers operate, because of the continued growth in demand in developing countries, especially China. |
| Operating income | 1,500 | 180 | 733.3 | |
Performance Forecast |
(in millions of JPY)） |
| FY2011 Forecast |
FY2010 Result |
Rate of change (%) | |
| Sales | 19,900 | 18,072 | 10.1 |
| Operating income | 1,450 | 1,547 | (6.3) |
| Ordinary income | 1,900 | 1,961 | (3.1) |
| Net Income | 1,150 | 1,468 | (21.7) |
Investment Activities
Investment Expenditure |
(In millions JPY) |
| FY2010 | FY2009 | FY2008 | |
| Overall | 501 | 814 | 1,059 |
New Equipment Installation (As of Mar. 31, 2011)
| Company name | Location | Equipment to be introduced | Estimated amount of investment (million JPY) |
Start | Planned completion |
| Siam Metal Technology co.,Ltd. | Rayong, Thailand | Facilities to produce forged products | 690 | May 2011 |
Mar. 2012 |
| New facility for processing dies | 250 | May 2011 |
Feb. 2012 |