SNT Corporation Business Report FY2012

Business Highlights

Financial Overview

(In millions JPY)

 

FY ended Mar. 31, 2012 FY ended Mar. 31, 2011 Rate of
Change (%)
Factors
Overall
Sales 20,590 18,072 13.9 -
Operating income 1,823 1,547 17.8 -
Ordinary income 2,390 1,961 21.9 -
Net income 694 1,468 (52.7) -
Forged products business
Sales 16,138 14,513 11.2 -In spite of the Company's major customers (automotive OEMs) experiencing temporary production stoppages because of the Great East Japan Earthquake and the flooding in Thailand, they were able to overcome these difficulties sooner than later. Due to this, and to the growth in demand in markets outside Japan, the Company was able to achieve higher financial results year-on-year.
Operating income 1,533 1,500 2.2



Outlook for FY ending Mar. 31, 2013

(in millions of JPY))
  FY ending Mar. 31, 2013
(Forecast)
FY ended Mar. 31, 2012
(Actual Results)
Rate of change (%)
Sales 19,900 20,590 (3.4)
Operating income 1,500 1,823 (17.7)
Ordinary income 2,000 2,390 (16.3)
Net Income 1,200 694 72.9

Investment Activities

Capital Expenditure

(In millions JPY)
  FY ended Mar. 31, 2012 FY ended Mar. 31, 2011 FY ended Mar. 31, 2010
Overall 878 501 814
-The Company invested 374 million yen in its forged products business, focusing on tools (dies) used for forging at its subsidiary in Thailand, Siam Metal Technology co.,Ltd.

Planned Capital Investments

(As of Mar. 31, 2012)
Company name Location Equipment to be introduced Estimated amount of investment
(in millions JPY)
Start Planned completion Production capacity increase on completion
Siam Metal Technology co.,Ltd. Rayong, Thailand Facilities to produce forged products 606 May
2011
April
2012
14%
New facility for processing dies 229 May
2011
July
2012
-