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Nabtesco Corporation Business Report FY2008
Business Highlights
| Financial Overview | ( in millions of JPY ) |
| FY2008 | FY2007 | Rate of Change(%) | Factors | |
| Overall | ||||
| Sales | 158,170 | 174,254 | (9.2) | -Sales declined because of reduced investment in equipment and facilities in the market in and after October 2008. |
| Operating income | 12,012 | 19,429 | (38.2) | -Income declined due to declined sales, rapid appreciation of the yen and some quality problems. |
| Ordinary income | 12,998 | 20,061 | (35.2) | |
| Net income | 4,425 | 11,025 | (59.9) | -Net income declined due to extraordinary loss from revaluation of investments in securities. |
| Transport Equipment Business (*Sales for unaffiliated customers) | ||||
| Sales | 46,765 | 48,981 | (4.5) | -In automotive related areas, production curtailment of truck manufacturers had a huge negative impact on its sales and income. |
| Operating income | 4,682 | 6,060 | (22.7) | |
| Outlook for FY2009 | (in millions of JPY) |
| FY2009 (Forecast) |
FY2008 (Actual) |
|||
| Sales | Operating income | Sales | Operating income | |
| Overall | Approx. 124,000 | Approx. 5,000 | 158,170 | 12,012 |
| Transport Equipment Business | Approx. 44,000 | Approx. 4,500 | 46,765 | 4,682 |
| Capital Investment and R&D Expenses (forecast) | (in millions of JPY) |
| FY2009 (Forecast) |
FY2008 (Actual) |
|
| R&D Expenditure | Approx. 4,000 | 4,107 |
| Capital Expenditure | Approx. 6,200 | 9,184 |
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